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Philadelphia Youth Basketball Inc

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

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

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

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.

Here 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):

    Kenneth Holdsman (President & Ceo) [Trustee/Director]
  • Compensation: $232,708
  • Related: $0
  • Other: $25,634

    • John Langel (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Douglas Young (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debbit Zumoff (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Quint (Treasurer) [Trustee/Director]
  • 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?

    The 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.

    Impact

    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.




    Thursday, August 15, 2024

    Philadelphia Youth Basketball Inc's impact is significant in empowering young people to develop their full potential as students, athletes, and positive leaders. Through year-round programming reaching nearly 1,300 participants, this organization led by skilled coach-mentors transcends societal divisions to create relationships that bind the community together. By combining basketball skill-building, academic enrichment, positive coaching, mentorship, nutrition information, leadership development, and more, Philadelphia Youth Basketball is committed to helping young people build positive relationships with their peers, adults, education, and community, shaping their future trajectories. This holistic approach leverages the iconic game of basketball to address urgent and systemic issues facing underserved communities, providing thousands of youth with access to culturally credible coach-mentors who understand their circumstances and help them find their voice, value, and visibility. Through their community-built model, Philadelphia Youth Basketball is driving meaningful change and fostering lasting economic mobility among urban youth in Philadelphia.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    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
  • 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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