Possibility Labs
Nonprofit profile at a glance
- EIN
- 853989363
- IRS 990 coverage
- 2020–2024
- Official website data refreshed
- Aug 2026
- Forms available
- Form 990 2024
- Location
- Concord, California, US
- Phone
- 415-879-8089
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $54,036,907
- Expenses
- $37,013,238
- Assets
- $45,927,669
- Liabilities
- $11,703,659
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- DONNA DANIELS (CO-CHIEF EXECUTIVE OFFICER)
- JAMYE WOOTEN (CO-CHIEF EXECUTIVE OFFICER)
- YUMARI MARTINEZ (CO-EXECUTIVE DIRECTOR)
- DEBORAH NELSON (CO-EXECUTIVE DIRECTOR)
Highest reported compensation
- JILLIAN SMITH (SENIOR DIRECTOR OF OPERATIONS): $157,364 total reported compensation
- DONNA DANIELS (CO-CHIEF EXECUTIVE OFFICER): $151,332 total reported compensation
- JAMYE WOOTEN (CO-CHIEF EXECUTIVE OFFICER): $131,007 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The platform for building a new economy where all people & the planet thrive.
What it reported doing in 2024
Possibility labs provides scalable back-office operational and fund deployment services rooted in trust-based and non-extractive practices. Through our fiscal sponsorship program, we support nonprofit projects and social enterprises to access the agile and transparent tools they need to operate with autonomy and agility for their charitable work. We provide human resources, accounting, financial operations, and business intelligence support to our partners so they can grow their impact.through our redistribution daf (donor-advised fund) and resourcing initiatives we partner with foundations, individual donors, impact investors, community-governed funds, and others to increase the flow of capital to under-resourced groups building power and wealth in our bipoc communities. We activate our partners' entire portfolios towards impact, which includes multi-year grants, recoverable grants, loan guarantees, and rapid fund disbursement.
Operating model
- Revenue model
- Donor-supported. 96% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 72% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 60
- Accountability: 85
- Sustainability: 70
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 64.4%; rating input score 64
- Program expense ratio: 93.7%; rating input score 94
- Fundraising efficiency: $72.27 raised per $1 spent on fundraising; rating input score 80; 80th percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 17th percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: 95%; rating input score 95; 27th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 75%; rating input score 75; 24th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 31.5%; rating input score 93; 93rd percentile among comparable filings
- Total-asset coverage ratio: 1.24; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: 0.25; rating input score 61; 61st percentile among comparable filings
- Officer compensation ratio: 2.4%; rating input score 47; 47th percentile among comparable filings
Growth
- Program expense growth: 43% per year; rating input score 100; 98th percentile among comparable filings
- Revenue growth: 37.8% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: 41.6% per year; rating input score 100; 98th percentile among comparable filings
Details
- What they do: 3 programs and campaigns described on the official site
- Where the money goes: 64.4% of revenue deployed · 93.7% of spending went to programs
- Governance: 6 of 8 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $34.7M in reported program spending
- Leadership: top reported pay $157K · 13 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $889K reported
- Consistency: 29 of 30 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 180 filed money-flow records
- Related organizations: 172 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Moderate — Sustainability: Officer compensation ratio scored 47/100.