The Possibility Project Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 721,529 | 610,990 | 110,539 | 5.2 | 57% |
| 2021 | 566,312 | 536,924 | 29,388 | 6.6 | 58% |
| 2022 | 608,450 | 548,750 | 59,700 | 7.7 | 58% |
| 2023 | 651,791 | 598,236 | 53,555 | 8.2 | 60% |
In its most recent public year (2023), this organization brought in $53,555 more than it spent. Its reserves stood at about 8.2 months of spending, up from 5.2 in 2020. Staff pay was 60% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works