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Philadelphia Youth Basketball Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 473758442 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Philadelphia Youth Basketball Inc?

Philadelphia Youth Basketball Inc, or PYB, is a community-driven youth empowerment organization based in Philadelphia, Pennsylvania. They deliver year-round programming to approximately 1,300 participants, focusing on basketball skill-building and game-play, academic enrichment, positive coaching and mentorship, healthy meals and nutrition information, leadership development, and more. PYB's unique approach aims to help young people build positive relationships with their peers and adults, learning and education, community, and future trajectories. Transcending historical barriers of race, ethnicity, neighborhood, and economic circumstances, PYB's mission is to empower urban youth to develop their full potential as students, athletes, and positive leaders, with a team of skilled, caring, and authentic coach-mentors. The organization employs 53 individuals dedicated to creating a holistic youth development experience.


Official website here: www.phillyyouthbasketball.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% - Four-Star out of Four Star rating from Charity Navigator

Philadelphia Youth Basketball Inc demonstrates strong performance in accountability and finance, achieving a score of 93%. The organization is highlighted for having a fully independent board, effective oversight practices, and no reported material diversion of assets. Its high program expense ratio of 77.38% indicates a strong commitment to utilizing funds for direct program services, alongside an impressive fundraising efficiency ratio.

The nonprofit's culture and community engagement is also noteworthy, with a score of 89%. Constituent feedback is especially positive, reflecting effective communication and responsiveness to the community it serves. The organization excels in collecting and using feedback, scoring a perfect 100% in this area, which illustrates its dedication to continuous improvement and stakeholder engagement.

While the data supports a robust operational framework, it is important to remain aware of the ongoing challenges that nonprofits face in sustaining their impact. Overall, Philadelphia Youth Basketball Inc stands out as a well-managed organization with a clear focus on its mission and community needs.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Philadelphia Youth Basketball Inc?

100% of 6 reviewers on Facebook recommend Philadelphia Youth Basketball Inc. Here is a summary of their reviews:

The organization is praised for its commitment to providing quality programs focused on the well-being and development of young athletes. Reviewers appreciate the dedication of the staff, who are noted for their strong focus on making a positive impact in the community.

Overall, this nonprofit is seen as delivering on its promises, contributing to the growth and empowerment of youth through basketball while fostering a supportive environment.


This AI summary has been generated from reviews found on Facebook.

Is Philadelphia Youth Basketball Inc legitimate?

Philadelphia Youth Basketball Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Philadelphia Youth Basketball Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $268,051
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,120,246

For more financial information, click here


Official website here: www.phillyyouthbasketball.org

What is the mission statement of Philadelphia Youth Basketball Inc?

Philadelphia Youth Basketball Inc is a community-driven organization that empowers young people to reach their full potential as students, athletes, and positive leaders. Through the popular sport of basketball, this youth empowerment group helps urban youth tackle pressing issues in underserved communities. With a unique equity-building model, PYB combines group activities and sport & society modules with real-world lessons, covering topics from health and wellness to personal growth and leadership. The accessible and culturally credible coach-mentors, many of whom have similar backgrounds as the young people they serve, play a crucial role in helping thousands of young people find their voice, value, and visibility during their formative years. This holistic approach to youth development aims to bring about meaningful community change and lasting economic mobility.


Official website here: www.phillyyouthbasketball.org

Who is the CEO of Philadelphia Youth Basketball Inc?

Kenneth Holdsman is the Chairman of Philadelphia Youth Basketball Inc. The CEO's salary of Philadelphia Youth Basketball Inc is $232,708 and their total compensation is $258,342.


Official website here: www.phillyyouthbasketball.org

What is the revenue of Philadelphia Youth Basketball Inc?

Philadelphia Youth Basketball Inc's revenue in 2022 was $13,370,047.


Official website here: www.phillyyouthbasketball.org

Who are the executives of Philadelphia Youth Basketball Inc and what are their salaries?

The average compensation at Philadelphia Youth Basketball Inc during 2022 was $26,194. There are 53 employees and 80 volunteers at Philadelphia Youth Basketball Inc.


Here are 30 key members and their salaries (Philadelphia Youth Basketball Inc's CEO's salary is $232,708 and their total compensation is $258,342):


John Langel (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Holdsman (President & Ceo)
  • Compensation: $232,708
  • Related: $0
  • Other: $25,634
Douglas Young (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbit Zumoff (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Quint (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nikki Bagby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Olin Chamberlain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Chojnacki (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Cohen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Denning (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Ellerbee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sholanda Epps (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Friday (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Gubernick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Korman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Kothari (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kafi Lindsay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mcdonald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Isaiah Nathaniel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Parker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Peterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brooke Queenan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Salmons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Sherman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Silow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel Silvers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Seth Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jayson Tischler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Voith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.phillyyouthbasketball.org

Where can I find the form 990 for Philadelphia Youth Basketball Inc?

Philadelphia Youth Basketball Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.phillyyouthbasketball.org

Learn more at the official website: www.phillyyouthbasketball.org

Mission Statement of Philadelphia Youth Basketball Inc

Philadelphia Youth Basketball Inc, a community-built youth empowerment organization, utilizes basketball to help urban youth overcome the most pressing issues in underserved communities. With a mission to empower young people, this nonprofit organization in Philadelphia fosters the development of students, athletes, and positive leaders. Through its unique equity-building model, Philadelphia Youth Basketball combines engaging group activities, sport & society modules, and real-world life lessons. This holistic approach covers topics such as health and wellness, personal growth, and leadership. Philadelphia Youth Basketball's accessible, culturally credible coach-mentors, many of whom come from similar backgrounds as the youth they serve, play a crucial role in helping thousands of young people find their voice, value, and visibility during their formative years. This community-driven organization aspires to bring about meaningful community change and lasting economic mobility.

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Impact




October, 2024

Philadelphia Youth Basketball Inc significantly impacts the lives of young people in the region by empowering them to realize their full potential as students, athletes, and positive leaders. By offering year-round programming to nearly 1,300 participants, the organization creates a nurturing environment where basketball serves as a bridge, connecting youth across diverse backgrounds, including race, ethnicity, and economic circumstances.

The approach combines basketball skill-building with academic enrichment, mentorship, and leadership development, creating a holistic framework for youth development. Participants benefit from positive coaching, healthy meals, and nutrition information, all of which contribute to their physical and mental well-being. The caring coach-mentors, many of whom share similar backgrounds with the youth, provide relatable guidance, making the programming culturally relevant and impactful.

Through engaging group activities and exploration of real-world life lessons, Philadelphia Youth Basketball fosters positive relationships among peers and with adults, enhancing their learning experiences and community involvement. This community-centered model not only helps young people navigate challenges but also encourages them to become leaders, promoting meaningful change within their neighborhoods. Ultimately, the organization plays a crucial role in facilitating economic mobility and social equity, equipping the next generation with the tools necessary for success.




This information is meant to be a general summary of Philadelphia Youth Basketball Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$13,370,047 (2022)
Expenses
$5,035,551 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $38,620
  • Program Service Revenue: $54,912
  • Gross Receipts: $13,412,094

Assets and Liabilities:

  • Total Assets: $26,740,555
  • Total Liabilities: $13,183,112
  • Net Assets: $13,557,443

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

AFTER SCHOOL & WEEKEND PROGRAM

Revenue

$54,912

Organization Details

Founding Year

2015

Principal Officer

Kenneth Holdsman

Main Address

1735 MARKET STREET, PHILADELPHIA, PA, 19103

NTEE Category

Code: N62 - Recreation

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