Charity Search / THE POSSE FOUNDATION INC
Education (B82) IRS Verified DX Registered 990 on File

THE POSSE FOUNDATION INC

EIN: 13-3840394 · NEW YORK, NY 10005-2144 · United States · FY 2023 Data
3 out of 5 58 / 100 Based on 2+ years of filings
Financial strength (30%) 80/100
Reliability (20%) 55/100
Effectiveness (25%) 93/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
THE POSSE FOUNDATION INC logo
CharityAI™ Score
Not yet evaluated
Mission Statement

The Posse model works for both students and college campuses and is rooted in the belief that a small, diverse group of talented students—a Posse—carefully selected and trained, can serve as a catalyst for individual and community development. As the United States becomes an increasingly multicultural society, Posse believes that the leaders of the 21st century should reflect the country’s rich demographic mix. The key to a promising future for our nation rests on the ability of strong leaders from diverse backgrounds to develop consensus solutions to complex social problems. Posse’s primary aim is to train these leaders of tomorrow.

Financial Overview — FY 2023
$44.8M
Total Revenue
$29.5M
Total Expenses
$149.7M
Net Assets
252
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 77.0%
Fundraising Efficiency 535.4%
Operating Reserve 60.84x
Liability-to-Asset 18.2%
Revenue Diversification 77.5%
Executive Compensation $1.4M
Compared with Peers
FY 2023
Compared with 3,577 similar organizations (United States, Education, $10M–$100M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
77.0% 84.4%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
13.3% 13.5%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
9.7% 0.7%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
535.4% 631.2%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
60.8 mo 10.9 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
18.2% 34.2%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
77.5% 87.3%
P10P90
Above median
Revenue growth
Year over year revenue growth
46.3% 4.8%
P10P90
Expense growth
Year over year expense growth
13.6% 8.5%
P10P90
Surplus margin
Surplus as a share of revenue
34.1% 2.7%
P10P90
Impact
1 program
Outcome / Program People Served Cost / Service # Completed Duration
leaders in the workforce 1,000 $5,000.00 — Per Year
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $44.8M $29.5M $149.7M 77.0% 252
2022 $30.6M $26.0M $121.8M 76.1% 258
2021 $33.7M $23.3M N/A — 240
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Organization Details
EIN
13-3840394
State
NY
City
NEW YORK
ZIP
10005-2144
Classification
B82
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1989
Foundation Code
15
Form 990
On File
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