The Possibility Project Inc

Organization Overview

The Possibility Project Inc is located in New York, NY. The organization was established in 2001. According to its NTEE Classification (I20) the organization is classified as: Crime Prevention, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Possibility Project Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 07/2021, Possibility Project Inc generated $566.3k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $536.9k during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE POSSIBILITY PROJECT, INC. (FNA CITIES AT PEACE, INC.)IS A NOT-FOR-PROFIT CORPORATION ORGANIZED TO OPERATE EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, SCIENTIFIC AND LITERARY PURPOSES, TO PROMOTE COMMUNICATION AND UNDERSTANDING BETWEEN PEOPLE OF DIVERSE BACKGROUNDS; TO EDUCATE YOUNG PEOPLE IN TECHNIQUES AND VALUES OF COMMUNICATIONS, CO-OPERATION, LEADERSHIP, MUTUAL SUPPORT AND TRUST AND CONFLICT RESOLUTION; THROUGH A VARIETY OF MEANS INCLUDING THE PERFORMING ARTS, THE POSSIBILITY PROJECT, INC. (FNA CITIES AT PEACE, INC.) EMPOWERS TEENAGERS TO CREATE SAFE, PEACEFUL AND PRODUCTIVE LIVES AND COMMUNITIES. ADDITIONAL MISSION DETAILS APPEAR IN SCHEDULE O - SEE BELOW.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROGRAMS IN NEW YORK CITY TO PROMOTE NON-VIOLENT CONFLICT RESOLUTION AMONG YOUNG PEOPLE. THE CITIES AT PEACE, INC. (DBA THE POSSIBILITY PROJECT) PROGRAM IS A COMBINATION OF ACTIVITIES THAT EXAMINE THE INTERRELATIONSHIPS OF THE PROBLEMS AND CONFLICTS THAT YOUTH CARE ABOUT AND OFTEN SUFFER FROM. IT ALSO DEVELOPS THE CAPACITY FOR ADDRESSING THESE ISSUES. HIGHLY INTERACTIVE AND INTENSELY CREATIVE, CITY AT PEACE REHERSALS UTILIZE THE PERFORMING ARTS TO UNLOCK PARTICIPANTS' CREATIVITY AROUND IMPORTANT PERSONAL AND SOCIAL ISSUES AND LEARN THE SKILLS NECESSARY FOR PERFORMANCE, EFFECTING CHANGE BOTH ON STAGE AND OFF FOR THEM AND THEIR COMMUNITIES. THE POSSIBILITY PROJECT HOPES TO SERVE 160 YOUTH IN ITS PROGRAM IN THE COMING YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
David Peltz
Treasurer
$0
Amy Swotinsky
Vice Chair
$0
Paul Griffin
President
$0
Paco Garcia
Director
$0
Carol Rizzo
Director
$0
Candisse R Collins
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $144,336
All other contributions, gifts, grants, and similar amounts not included above$414,722
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$559,058
Total Program Service Revenue$3,011
Investment income $155
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $566,312

Grants Recieved

Over the last fiscal year, we have identified 4 grants that The Possibility Project Inc has recieved totaling $176,000.

Awarding OrganizationAmount
Jacqueline K Shay Charitable Foundation

Chicago, IL

PURPOSE: CHARITABLE

$158,000
Frank & Ruth E Caruso Foundation Inc

New York, NY

PURPOSE: FOSTER CARE PROGRAM

$10,000
Barmore Fund

Harpswell, ME

PURPOSE: YOUTH EMPOWERMENT

$4,000
Barmore Fund

Harpswell, ME

PURPOSE: YOUTH EMPOWERMENT

$4,000
View Grant Recipient Profile

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