The Posse Foundation Inc
The Posse Foundation Inc shows consistent revenue growth and strong asset accumulation, with no reported officer compensation.
EIN: 133840394 · New York, NY · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $39.8M |
| Total Expenses | $29.5M |
| Program Spending | 85% |
| Net Assets | $149.7M |
| Transparency Score | 92/100 |
Is The Posse Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Posse Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Posse Foundation Inc
The Posse Foundation Inc (EIN: 133840394) is a nonprofit organization based in New York, NY, classified under NTEE code B82. The organization reported total revenue of $39.8M and total assets of $189.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Posse Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Posse Foundation Inc is a large nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $44.8M |
| Total Expenses | $29.5M |
| Surplus / Deficit | +$15.3M |
| Total Assets | $183.0M |
| Total Liabilities | $33.3M |
| Net Assets | $149.7M |
| Operating Margin | 34.1% |
| Debt-to-Asset Ratio | 18.2% |
| Months of Reserves | 74.4 months |
Financial Health Grade: A
In 2023, The Posse Foundation Inc reported a surplus of $15.3M with revenue exceeding expenses, holds 74.4 months of operating reserves (strong position), has a debt-to-asset ratio of 18.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Posse Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +46.3% | +13.6% | +16.0% |
| 2022 | -9.2% | +11.7% | +14.7% |
| 2021 | -24.6% | +10.1% | +14.0% |
| 2020 | +94.1% | -13.3% | +34.2% |
| 2019 | -9.9% | +3.5% | +8.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Posse Foundation Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, The Posse Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.2%.
Executive Compensation Analysis
The Posse Foundation Inc reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through other means not categorized as officer compensation, which is a strong positive for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of The Posse Foundation Inc's IRS 990 filings:
- Lack of detailed program, administrative, and fundraising expense breakdown in provided summary data (though not a red flag for the organization itself, but for this analysis).
Strengths
The following positive indicators were identified for The Posse Foundation Inc:
- Consistent revenue growth, with latest revenue at $44,798,620.
- Significant asset accumulation, reaching $183,001,736 in 2023.
- No reported officer compensation across all filings, indicating strong resource allocation.
- Healthy surplus generation, with revenue consistently exceeding expenses.
- Strong financial stability and capacity for long-term impact.
Frequently Asked Questions about The Posse Foundation Inc
Is The Posse Foundation Inc a legitimate charity?
The Posse Foundation Inc (EIN: 133840394) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $39.8M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does The Posse Foundation Inc spend its money?
The Posse Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Posse Foundation Inc tax-deductible?
The Posse Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133840394). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Posse Foundation Inc's spending goes to programs?
The Posse Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Posse Foundation Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), The Posse Foundation Inc is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Posse Foundation Inc located?
The Posse Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133840394. It is classified under NTEE code B82.
How many years of IRS 990 filings does The Posse Foundation Inc have?
The Posse Foundation Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $39.8M in total revenue.
Is The Posse Foundation Inc a good charity?
Based on the provided financial data, The Posse Foundation Inc appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, significant asset accumulation, and a commitment to directing resources to its mission, evidenced by 0% reported officer compensation.
How has The Posse Foundation Inc's financial health changed over time?
The Posse Foundation Inc has shown remarkable financial growth. Its assets have more than doubled from $89,885,745 in 2019 to $183,001,736 in 2023, and revenue has generally increased, with the latest period (202312) reporting $44,798,620, up from $23,049,151 in 2019.
What is the trend in The Posse Foundation Inc's revenue and expenses?
Revenue for The Posse Foundation Inc has shown an upward trend, with some fluctuations, reaching a high of $44,798,620 in 2023. Expenses have also increased in line with revenue growth, from $24,372,893 in 2019 to $29,521,344 in 2023, indicating expanding operations.
Filing History
IRS 990 filing history for The Posse Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Posse Foundation Inc's revenue has grown by 95.7%, moving from $22.9M to $44.8M. Total assets increased by 247% over the same period, from $52.7M to $183.0M. Total functional expenses rose by 134.7%, from $12.6M to $29.5M. In its most recent filing year (2023), The Posse Foundation Inc reported a surplus of $15.3M, with revenue exceeding expenses. The organization holds $33.3M in liabilities against $183.0M in assets (debt-to-asset ratio: 18.2%), resulting in net assets of $149.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $44.8M | $29.5M | $183.0M | $33.3M | — | View 990 |
| 2022 | $30.6M | $26.0M | $157.7M | $35.9M | — | View 990 |
| 2021 | $33.7M | $23.3M | $137.5M | $5.4M | — | View 990 |
| 2020 | $44.7M | $21.1M | $120.7M | $5.9M | — | View 990 |
| 2019 | $23.0M | $24.4M | $89.9M | $2.9M | — | View 990 |
| 2018 | $25.6M | $23.5M | $82.9M | $2.8M | — | View 990 |
| 2017 | $21.9M | $22.6M | $87.2M | $3.0M | — | View 990 |
| 2016 | $19.9M | $21.7M | $83.3M | $3.0M | — | View 990 |
| 2015 | $19.4M | $20.1M | $83.7M | $2.9M | — | View 990 |
| 2014 | $24.1M | $18.6M | $87.5M | $2.9M | — | View 990 |
| 2013 | $35.6M | $15.8M | $83.4M | $2.5M | — | View 990 |
| 2012 | $19.6M | $13.8M | $61.4M | $2.3M | — | View 990 |
| 2011 | $22.9M | $12.6M | $52.7M | $2.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $44.8M, expenses of $29.5M, and assets of $183.0M (revenue +46.3% year-over-year).
- 2022: Revenue of $30.6M, expenses of $26.0M, and assets of $157.7M (revenue -9.2% year-over-year).
- 2021: Revenue of $33.7M, expenses of $23.3M, and assets of $137.5M (revenue -24.6% year-over-year).
- 2020: Revenue of $44.7M, expenses of $21.1M, and assets of $120.7M (revenue +94.1% year-over-year).
- 2019: Revenue of $23.0M, expenses of $24.4M, and assets of $89.9M (revenue -9.9% year-over-year).
- 2018: Revenue of $25.6M, expenses of $23.5M, and assets of $82.9M (revenue +16.6% year-over-year).
- 2017: Revenue of $21.9M, expenses of $22.6M, and assets of $87.2M (revenue +10.2% year-over-year).
- 2016: Revenue of $19.9M, expenses of $21.7M, and assets of $83.3M (revenue +2.4% year-over-year).
- 2015: Revenue of $19.4M, expenses of $20.1M, and assets of $83.7M (revenue -19.6% year-over-year).
- 2014: Revenue of $24.1M, expenses of $18.6M, and assets of $87.5M (revenue -32.2% year-over-year).
- 2013: Revenue of $35.6M, expenses of $15.8M, and assets of $83.4M (revenue +81.9% year-over-year).
- 2012: Revenue of $19.6M, expenses of $13.8M, and assets of $61.4M (revenue -14.5% year-over-year).
- 2011: Revenue of $22.9M, expenses of $12.6M, and assets of $52.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Posse Foundation Inc:
Data Sources and Methodology
This transparency report for The Posse Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.