Civic Intelligence

The Posse Foundation Inc

EIN 13-3840394 • 501(c)3 • New York, NY

View Organization Page

Profile

The posse foundation, founded in 1989, identifies public high school students with extraordinary academic and leadership potential who may be overlooked by traditional college selection processes. The foundation extends to these students the opportunity to pursue personal and academic excellence by placing them in supportive, multicultural teams ("posses") of 10 students. The foundation's partner universities award posse scholars four-year, full-tuition leadership scholarships.

14 Wall Street 8a-60New York, NY 10005

www.possefoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

35th percentile

0.17x

Higher debt load relative to assets than 35% of similar nonprofits.

NTEE B • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

65th percentile

1.01x

Higher debt load relative to revenue than 65% of similar nonprofits.

NTEE B • $100M-$250M nonprofits • Source year 2024

Net Margin

47th percentile

1.9%

Higher net margin than 47% of similar nonprofits.

NTEE B • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

95th percentile

$993,433

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

NTEE B • $100M-$250M nonprofits • Source year 2024

Asset Growth

47th percentile

3.4%

Faster asset growth than 47% of similar nonprofits.

NTEE B • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

3rd percentile

-27%

Faster revenue growth than 3% of similar nonprofits.

NTEE B • $100M-$250M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets35th percentile

Assets

Up

$189,237,580

Up $6,235,844 (+3.4%) from 2023

Liabilities

Down

$32,885,343

Down $454,889 (-1.4%) from 2023

Net Assets

Up

$156,352,237

Up $6,690,733 (+4.5%) from 2023

Operations
Liabilities / Revenue65th percentileNet Margin47th percentile

Revenue

Down

$32,627,666

Down $12,170,954 (-27%) from 2023

Expenses

Up

$32,006,552

Up $2,485,208 (+8.4%) from 2023

Net Income

Down

$621,114

Down $14,656,162 (-96%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth47th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200M$150M$100M$50M$0Assets 2011: $52,740,914Liabilities 2011: $2,198,348Net Assets 2011: $50,542,5662011Assets 2012: $61,448,540Liabilities 2012: $2,344,229Net Assets 2012: $59,104,3112012Assets 2013: $83,385,162Liabilities 2013: $2,523,334Net Assets 2013: $80,861,8282013Assets 2014: $87,519,971Liabilities 2014: $2,879,705Net Assets 2014: $84,640,2662014Assets 2015: $83,698,007Liabilities 2015: $2,859,201Net Assets 2015: $80,838,8062015Assets 2016: $83,256,943Liabilities 2016: $3,033,608Net Assets 2016: $80,223,3352016Assets 2017: $87,174,501Liabilities 2017: $2,997,507Net Assets 2017: $84,176,9942017Assets 2018: $82,868,499Liabilities 2018: $2,847,757Net Assets 2018: $80,020,7422018Assets 2019: $89,885,745Liabilities 2019: $2,908,445Net Assets 2019: $86,977,3002019Assets 2020: $120,660,725Liabilities 2020: $5,908,096Net Assets 2020: $114,752,6292020Assets 2021: $137,527,136Liabilities 2021: $5,418,411Net Assets 2021: $132,108,7252021Assets 2022: $157,695,711Liabilities 2022: $35,879,616Net Assets 2022: $121,816,0952022Assets 2023: $183,001,736Liabilities 2023: $33,340,232Net Assets 2023: $149,661,5042023Assets 2024: $189,237,580Liabilities 2024: $32,885,343Net Assets 2024: $156,352,2372024

Highlighted filing

2024

Assets$189,237,580
Liabilities$32,885,343
Net Assets$156,352,237
Open 2024 Filing

Operations Trend

Revenue Growth3rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0-$20MRevenue 2011: $22,895,588Expenses 2011: $12,578,913Net Income 2011: $10,316,6752011Revenue 2012: $19,586,787Expenses 2012: $13,844,678Net Income 2012: $5,742,1092012Revenue 2013: $35,636,805Expenses 2013: $15,758,942Net Income 2013: $19,877,8632013Revenue 2014: $24,149,485Expenses 2014: $18,611,753Net Income 2014: $5,537,7322014Revenue 2015: $19,423,673Expenses 2015: $20,122,528Net Income 2015: -$698,8552015Revenue 2016: $19,897,125Expenses 2016: $21,705,453Net Income 2016: -$1,808,3282016Revenue 2017: $21,924,501Expenses 2017: $22,609,348Net Income 2017: -$684,8472017Revenue 2018: $25,574,140Expenses 2018: $23,549,042Net Income 2018: $2,025,0982018Revenue 2019: $23,049,151Expenses 2019: $24,372,893Net Income 2019: -$1,323,7422019Revenue 2020: $44,739,225Expenses 2020: $21,123,690Net Income 2020: $23,615,5352020Revenue 2021: $33,725,316Expenses 2021: $23,252,059Net Income 2021: $10,473,2572021Revenue 2022: $30,624,137Expenses 2022: $25,978,887Net Income 2022: $4,645,2502022Revenue 2023: $44,798,620Expenses 2023: $29,521,344Net Income 2023: $15,277,2762023Revenue 2024: $32,627,666Expenses 2024: $32,006,552Net Income 2024: $621,1142024

Highlighted filing

2024

Revenue$32,627,666
Expenses$32,006,552
Net Income$621,114
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$189,237,580
Liabilities
$32,885,343
Net assets
$156,352,237
Revenue
$32,627,666
Expenses
$32,006,552
Net income
$621,114
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$189$32.9$156$32.6$32.0$0.62
2023Detailed filing. Detailed filing data is available for this year.$183$33.3$150$44.8$29.5$15.3
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$158$35.9$122$30.6$26.0$4.65
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$138$5.42$132$33.7$23.3$10.5
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$121$5.91$115$44.7$21.1$23.6
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$89.9$2.91$87.0$23.0$24.4$1.32
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$82.9$2.85$80.0$25.6$23.5$2.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$87.2$3.00$84.2$21.9$22.6$0.68
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$83.3$3.03$80.2$19.9$21.7$1.81
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$83.7$2.86$80.8$19.4$20.1$0.70
2014Detailed filing. Detailed filing data is available for this year.$87.5$2.88$84.6$24.1$18.6$5.54
2013Detailed filing. Detailed filing data is available for this year.$83.4$2.52$80.9$35.6$15.8$19.9
2012Summary only. Only limited summary data is available for this year.$61.4$2.34$59.1$19.6$13.8$5.74
2011Summary only. Only limited summary data is available for this year.$52.7$2.20$50.5$22.9$12.6$10.3
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$50,174,982
Mission and Program Overview

Mission

The posse foundation, founded in 1989, identifies public high school students with extraordinary academic and leadership potential who may be overlooked by traditional college selection processes. The foundation extends to these students the opportunity to pursue personal and academic excellence by placing them in supportive, multicultural teams ("posses") of 10 students. The foundation's partner universities award posse scholars four-year, full-tuition leadership scholarships.

Posse started because of one student who said, "i never would have dropped out of college if i had my posse with me." the posse foundation, founded in 1989, identifies public high school students with extraordinary academic and leadership potential who may be overlooked by traditional college selection processes. The foundation extends to these students the opportunity to pursue personal and academic excellence by placing them in supportive, multicultural teams ("posses") of 10 students. The foundation's partner universities award posse scholars four-year, full-tuition leadership scholarships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$80,523,789$96,936,399▲ $16,412,610
Savings and Temporary Cash Investments$20,159,789$19,060,594▼ $1,099,195
Investments Other Securities$12,111,897$17,772,770▲ $5,660,873
Pledges and Grants Receivable$8,204,289$14,811,952▲ $6,607,663
Accounts Receivable$4,426,723$4,599,745▲ $173,022
Prepaid Expenses and Deferred Charges$947,010$1,116,742▲ $169,732
Land, Buildings, and Equipment, Net$126,936$84,505▼ $42,431
Cash and Non-Interest-Bearing Accounts$14,969$13,585▼ $1,384
Total Assets$157,695,711$183,001,736▲ $25,306,025
Other Assets Total$31,180,309$28,605,444▼ $2,574,865
Liabilities
Other Liabilities$32,836,866$30,105,481▼ $2,731,385
Deferred Revenue$2,030,001$2,076,669▲ $46,668
Accounts Payable and Accrued Expenses$1,012,749$1,158,082▲ $145,333
Total Liabilities$35,879,616$33,340,232▼ $2,539,384
Net Assets / Fund Balance
Net Assets With Donor Restrictions$78,334,830$94,415,292▲ $16,080,462
Net Assets Without Donor Restrictions$43,481,265$55,246,212▲ $11,764,947
Total Net Assets Fund Balance$121,816,095$149,661,504▲ $27,845,409
Total Liabilities and Net Assets / Fund Balance$157,695,711$183,001,736▲ $25,306,025

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$1,995,460$1,995,460
Leasehold Improvements$84,505$705,849$790,354
Other Assets Org$300,000--
Other Securities$17,772,770--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$91,139,405$2,000,000▲ $18,269,089$3,359,233$108,049,261
2022$99,160,891$12,000,000▼ $16,979,982$3,041,504$91,139,405
2021$88,304,299$100,000▲ $13,548,249$2,791,657$99,160,891
2020$61,315,365$22,000,000▲ $7,636,647$2,647,713$88,304,299
2019$46,625,820$5,310,156▲ $11,190,389$1,811,000$61,315,365
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Deborah BialPresidentFT$445,212$159,505$604,717
Stacey PierceChief Operating OfficerFT$215,596$56,559$272,155
Francis OccenaCFO/CAOFT$227,454$43,760$271,214
Hedwig RomaChief Development OfficerFT$229,615$40,857$270,472
Rassan SalandyVP External AffairsFT$181,686$47,659$229,345
Andrew GallagherAssociate VP, DevelopmentFT$153,750$16,688$170,438
Augusta IreleVP, Training, Learning & CurriculumFT$139,563$27,939$167,502
Nadine DalrympleRegional Vice PresidentFT$137,821$22,134$159,955
James DabneyRegional Vice President (outgoing)FT$128,295$17,144$145,439

Board Members and Trustees

NameTitle
Henry EllenbogenChair
Adam TownsendTrustee
Aj MurphyTrustee
Alan BerroTrustee
Alastair BorthwickTrustee
Alberto M CarvalhoTrustee
Andrew MulderryTrustee
Annie Seibold DrapeauTrustee
Arta TabaeeTrustee
Barbara JanulisTrustee
Barton J WinokurTrustee
Brad SingerTrustee
Briana ZelayaTrustee
Charles PhillipsTrustee
Daniel AcheampongTrustee
Daniel WeissTrustee
David HarrisonTrustee
Donella P BrockingtonTrustee
Elizabeth P MyersTrustee
Glenn GreenbergTrustee
Jason JacobsTrustee
Jeffrey RaichTrustee
Jennifer KopylovTrustee
Jennifer RickardTrustee
Jonathan MeyerTrustee
Joshua PaulsonTrustee
Julie ParsonsTrustee
Kim-thu PosnettTrustee
Koby AltmanTrustee
Kurt SimonTrustee
Leah StearnsTrustee
Marvin FigueroaTrustee
Michael KlugerTrustee
Michael PassillaTrustee
Mitch TruwitTrustee
Nana SarpongTrustee
Peter E BlackerTrustee
Phillip PerelmuterTrustee
Rick RizzoTrustee
Steven GallucciTrustee
Steven M LefkowitzTrustee
Susan GoldsmithTrustee
Susie ScherTrustee
William M Lewis JrTrustee
William a PlapingerTrustee
Anne ChwatTrustee (outgoing)
Forrest WylieTrustee (outgoing)
James WilcoxTrustee (outgoing)
Philip M PeadSecretary
Juan RajlinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$34,709,348
Program Service Revenue
$4,400,100
Investment Income
$5,954,632
Other Revenue
$-265,460
All Other Contributions
$27,988,030
Change in Net Assets
$15,277,276

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded17$355,437Fair Market Value (FMV)
Other Non Cash Contri Table22$52,995Fair Market Value (FMV)
Other Non Cash Contri Table9$4,000Fair Market Value (FMV)
Total Noncash Contributions48$412,432-

Audited Revenue Reconciliation

Revenue per Audited Statements
$44,547,463
Revenue Not Reported on Financial Statements
$251,157
Revenue Not Reported on Form 990
$13,331,439
Total Revenue per Audited Statements
$57,878,902
Total Revenue per Form 990
$44,798,620
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$16,804,944
Other Expenses$10,355,841
Total Fundraising Expense$2,864,235
Grants and Similar Amounts Paid$2,360,559
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$9,596,760$1,250,751$1,505,255$12,352,766
Travel$3,325,054$158,826$117,661$3,601,541
Occupancy$2,879,554$620,065$48,763$3,548,382
Other Employee Benefits$1,362,330$163,391$193,289$1,719,010
Grants to Domestic Orgs$1,700,000--$1,700,000
Current Officers, Directors, Trustees, and Key Employees$459,611$473,598$485,348$1,418,557
Payroll Taxes$879,798$119,427$136,802$1,136,027
Fees for Services Other$441,513$492,484$170,046$1,104,043
Grants to Domestic Individuals$660,559--$660,559
Office Expenses$441,513$86,580$83,453$611,546
Fees for Service Investment Mgmnt Fees-$251,157-$251,157
Pension Plan Contributions$157,285$7,990$13,309$178,584
Insurance$117,307$7,155-$124,462
Depreciation Depletion$70,366$45,421-$115,787
All Other Expenses$45,190$41,415$210$86,815
Other Expenses$11,997$1,673$53,464$67,134
Interest$2,157$212-$2,369
Total Functional Expenses$22,723,905$3,933,204$2,864,235$29,521,344

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$30,033,493
Total Expenses per Form 990$29,521,344
Expenses per Audited Statements$29,270,187
Expenses Not Reported on Form 990$763,306
Expenses Not Reported on Financial Statements$251,157
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bard CollegeAnnandaleonhudson, NY501(c)(3)Grants Are Intended to Help Support the Posse Program on Each Campus Although They Are Not Specifically Restricted Within That and Require No Reporting$0
Case Western Reserve UniversityCleveland, OH501(c)(3)Grants Are Intended to Help Support the Posse Program on Each Campus Although They Are Not Specifically Restricted Within That and Require No Reporting$0
Centre CollegeDanville, KY501(c)(3)Grants Are Intended to Help Support the Posse Program on Each Campus Although They Are Not Specifically Restricted Within That and Require No Reporting$0
Cornell CollegeMt Vernon, LA501(c)(3)Grants Are Intended to Help Support the Posse Program on Each Campus Although They Are Not Specifically Restricted Within That and Require No Reporting$0
Davidson CollegeDavidson, NC501(c)(3)Grants Are Intended to Help Support the Posse Program on Each Campus Although They Are Not Specifically Restricted Within That and Require No Reporting$0
Hobart and William Smith CollegesGeneva, NY501(c)(3)Grants Are Intended to Help Support the Posse Program on Each Campus Although They Are Not Specifically Restricted Within That and Require No Reporting$0
Lewis & Clark CollegePortland, OR501(c)(3)Grants Are Intended to Help Support the Posse Program on Each Campus Although They Are Not Specifically Restricted Within That and Require No Reporting$0
Macalester CollegeMacalester College, MN501(c)(3)Grants Are Intended to Help Support the Posse Program on Each Campus Although They Are Not Specifically Restricted Within That and Require No Reporting$0
Purdue UniversityWest Lafayette, IN501(c)(3)Grants Are Intended to Help Support the Posse Program on Each Campus Although They Are Not Specifically Restricted Within That and Require No Reporting$0
Rutgers the State UniversityPiscataway, NJ501(c)(3)Grants Are Intended to Help Support the Posse Program on Each Campus Although They Are Not Specifically Restricted Within That and Require No Reporting$0
St Olaf CollegeNorthfield, MN501(c)(3)Grants Are Intended to Help Support the Posse Program on Each Campus Although They Are Not Specifically Restricted Within That and Require No Reporting$0
Texas A&m UniversityCollege Station, TX501(c)(3)Grants Are Intended to Help Support the Posse Program on Each Campus Although They Are Not Specifically Restricted Within That and Require No Reporting$0
University of North Carolina School of the ArtsWinston Salem, NC501(c)(3)Grants Are Intended to Help Support the Posse Program on Each Campus Although They Are Not Specifically Restricted Within That and Require No Reporting$0
University of VirginiaCharlottesville, VA501(c)(3)Grants Are Intended to Help Support the Posse Program on Each Campus Although They Are Not Specifically Restricted Within That and Require No Reporting$0
Villanova UniversityVillanova, PA501(c)(3)Grants Are Intended to Help Support the Posse Program on Each Campus Although They Are Not Specifically Restricted Within That and Require No Reporting$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$800,417
Fundraising Gross Income$534,957
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$4,042,833$189,750$1,653$188,097
TOLL BROTHER'S GALA$914,017$102,745$19,495$83,250
Total Events$7,250,899$534,957$800,417$-265,460
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$29,971,697
Finance Lease Liability$133,784
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 is prepared by an independent accountant. A copy of the organization's 990 is provided to all board members via fedex and/or webshare, a secure on-line access. The draft is approved by all board members prior to filing with the irs.”

Form 990, Part VI, Section B, Line 12C

“The organization circulates a "conflict of interest form" which needs to be completed by all members of the governing body. The forms are reviewed and filed at the national office. Governing body members excuse themselves from any matters of conflicts.”

Form 990, Part VI, Section B, Line 15A

“The board compensation committee meets annually to review the compensation of the president. The compensation committee benchmarks the president's compensation with nonprofits with similar-sized budgets, within the same major group and metropolitan geographic area, utilizing information from the guidestar/candid nonprofit executive compensation report, the form 990 of similar organizations, as well as an independent market study conducted every three years. The compensation committee reports their discussions to the board of directors in executive session.”

Form 990, Part VI, Section C, Line 19

“The organization provides a copy of its governing documents, conflict of interest policy, and financial statements to the public upon request.”

Filing and Contact Details

Filer

Filer Name
The Posse Foundation Inc
EIN
13-3840394
Phone
2124051691
Address
14 WALL STREET 8A-60, NEW YORK, NY 10005

Signing Officer

Name
Deborah Bial
Title
President
Phone
2124051691
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deborah Bial
Formed
1989
Legal Domicile
Ny
Voting Board Members
48
Independent Board Members
47
Employees
252
Volunteers
1,745

Preparer

Firm
Cbiz Marks Paneth LLC
Address
685 THIRD AVENUE, NEW YORK, NY 10017
Preparer
Magdalena Czerniawski
Phone
2125038800
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 2C:

“The process of overseeing the audit and selection of independent accountant has not been changed from prior year.”

Financial Statement Notes

PART V, LINE 4:

“Permanent endowment - the permanently restricted net assets is for the establishment of an endowment fund and the earnings from permanently restricted endowment shall be used to fund posse's program activities.”

PART X, LINE 2:

“Posse believes it has no uncertain tax positions as of december 31, 2023 and 2022, in accordance with fasb asc topic 740, income taxes, which provides standards for establishing and classifying any tax provision for uncertain tax positions.”

Raw XML AppendixShowing 400 of 1,259 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01012749
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01158082
IRS990/AccountsReceivableGrp/BOYAmt04426723
IRS990/AccountsReceivableGrp/EOYAmt04599745
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0POSSE STARTED BECAUSE OF ONE STUDENT WHO SAID, "I NEVER WOULD HAVE DROPPED OUT OF COLLEGE IF I HAD MY POSSE WITH ME." THE POSSE FOUNDATION, FOUNDED IN 1989, IDENTIFIES PUBLIC HIGH SCHOOL STUDENTS WITH EXTRAORDINARY ACADEMIC AND LEADERSHIP POTENTIAL WHO MAY BE OVERLOOKED BY TRADITIONAL COLLEGE SELECTION PROCESSES. THE FOUNDATION EXTENDS TO THESE STUDENTS THE OPPORTUNITY TO PURSUE PERSONAL AND ACADEMIC EXCELLENCE BY PLACING THEM IN SUPPORTIVE, MULTICULTURAL TEAMS ("POSSES") OF 10 STUDENTS. THE FOUNDATION'S PARTNER UNIVERSITIES AWARD POSSE SCHOLARS FOUR-YEAR, FULL-TUITION LEADERSHIP SCHOLARSHIPS.
IRS990/AllOtherContributionsAmt027988030
IRS990/AllOtherExpensesGrp/FundraisingAmt0210
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt041415
IRS990/AllOtherExpensesGrp/ProgramServicesAmt045190
IRS990/AllOtherExpensesGrp/TotalAmt086815
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0FRANCIS OCCENA CFOCAO
IRS990/BooksInCareOfDetail/PhoneNum02124051691
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt014 WALL STREET SUITE 8A-60
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010005
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt014969
IRS990/CashNonInterestBearingGrp/EOYAmt013585
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt0485348
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0473598
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0459611
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt01418557
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt06715942
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
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IRS990/Desc0THE RECRUITMENT AND TRAINING PROGRAMS INCLUDE THE FOLLOWING SUB-PROGRAMS: RECRUITMENT, PRE-COLLEGIATE TRAINING, CAMPUS AND CAREER AND ALUMNI. FOR THE RECRUITMENT PROGRAM, FROM SEPTEMBER THROUGH DECEMBER EACH YEAR, POSSE CONDUCTS THE DYNAMIC ASSESSMENT PROCESS (DAP), A UNIQUE EVALUATION METHOD DESIGNED TO IDENTIFY YOUNG LEADERS WHO MIGHT BE MISSED BY TRADITIONAL ADMISSIONS CRITERIA, BUT WHO CAN EXCEL AT SELECTIVE COLLEGES AND UNIVERSITIES. FOR THE PRE-COLLEGIATE TRAINING PROGRAM FROM JANUARY TO AUGUST OF THEIR SENIOR YEAR IN HIGH SCHOOL POSSE SCHOLARS MEET WEEKLY WITH STAFF TRAINERS AND THEIR POSSE PEERS FOR TWO-HOUR WORKSHOPS. THE TRAINING PROGRAM CONSISTS OF WORKSHOPS THAT ADDRESS FOUR AREAS: TEAM BUILDING AND GROUP SUPPORT, CROSS-CULTURAL COMMUNICATION, LEADERSHIP AND BECOMING AN ACTIVE AGENT OF CHANGE ON CAMPUS, AND ACADEMIC EXCELLENCE. FOR THE CAMPUS PROGRAM, POSSE STAFF MEMBERS VISIT EACH UNIVERSITY FOUR TIMES A YEAR FOR MEETINGS WITH POSSE SCHOLARS, CAMPUS LIAISONS AND MENTORS. EACH MENTOR MEETS WEEKLY WITH THE POSSE AS A TEAM AND WITH EACH SCHOLAR INDIVIDUALLY EVERY TWO WEEKS DURING THE FIRST TWO YEARS IN COLLEGE. IN ADDITION, POSSE FACILITATES AN ANNUAL WEEKEND-LONG POSSEPLUS RETREAT ATTENDED BY MEMBERS OF THE LARGER STUDENT BODY, FACULTY AND ADMINISTRATION, WITH THE GOAL OF DISCUSSING IMPORTANT CAMPUS ISSUES IDENTIFIED BY POSSE SCHOLARS. FOR THE CAREER PROGRAM, POSSE PLAYS AN INTEGRAL ROLE IN THE PROFESSIONAL DEVELOPMENT OF OUR SCHOLARS AND ALUMNI BY PROVIDING THEM WITH THE TOOLS AND OPPORTUNITIES NECESSARY TO SECURE HIGHLY COMPETITIVE AND CAREER-ENHANCING INTERNSHIPS AND JOBS. ONE OF THE WAYS POSSE ACHIEVES THIS IS BY PARTNERING WITH EXCEPTIONAL COMPANIES AND ORGANIZATIONS BOTH NATIONALLY AND ABROAD. CURRENTLY, POSSE HAS MORE THAN 250 PARTNER COMPANIES AND ORGANIZATIONS NATIONWIDE. THE CAREER PROGRAM HAS THREE CORE COMPONENTS: THE INTERNSHIP PROGRAM, CAREER DEVELOPMENT WORKSHOPS, CAREER COACHING, GRADUATE AND FELLOWSHIP PROGRAMS AND THE ALUMNI NETWORK.
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