Sixth Man Center Inc

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

EIN: 873392686 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Sixth Man Center Inc?

Sixth Man Center Inc is a nonprofit organization currently under construction in Philadelphia, Pennsylvania. Its primary mission is to offer a transformative youth development experience, utilizing basketball as a tool for fostering leadership, learning, and athletic growth in young individuals. Upon completion in December 2023, Philadelphia Youth Basketball will occupy the center as its sole tenant. The facility features seven basketball courts, financial empowerment spaces, a healthy food cafe, classrooms, areas for physical and mental wellness, a retail shop, and a multimedia lab. The Sixth Man Center aims to provide a comprehensive environment that supports the holistic development of young basketball enthusiasts.


Official website here: www.phillyyouthbasketball.org/

Is Sixth Man Center Inc legitimate?

Sixth Man Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sixth Man Center 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.phillyyouthbasketball.org/

What is the mission statement of Sixth Man Center Inc?

Sixth Man Center Inc's mission is to offer a transformative youth development experience by utilizing basketball as a tool for nurturing young individuals into capable leaders, eager learners, and skilled athletes. The organization serves as a platform for Philadelphia Youth Basketball Inc, providing a comprehensive setting with seven basketball courts, financial empowerment resources, a healthy food cafe, classrooms, areas for physical and mental wellness, a retail shop, and a multimedia lab.


Official website here: www.phillyyouthbasketball.org/

Who is the CEO of Sixth Man Center Inc?

Kenneth Holdsman is the President of Sixth Man Center Inc.


Official website here: www.phillyyouthbasketball.org/

What is the revenue of Sixth Man Center Inc?

Sixth Man Center Inc's revenue in 2022 was $1,770,808.


Official website here: www.phillyyouthbasketball.org/

Who are the executives of Sixth Man Center Inc and what are their salaries?

There 2 volunteers at Sixth Man Center Inc.


Here are 3 key members and their salaries:


Kenneth Holdsman (President)
  • Compensation: $0
  • Related: $232,708
  • Other: $25,634
Ariel Johnson-Peredo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Silow (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.phillyyouthbasketball.org/

Where can I find the form 990 for Sixth Man Center Inc?

Sixth Man Center 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 Sixth Man Center Inc

Sixth Man Center Inc is committed to providing a transformative youth development experience for young people. They achieve this goal by leveraging basketball as a medium. Through this unique approach, they aim to foster the growth of children as leaders, learners, and athletes. The Sixth Man Center serves as a facility for Philadelphia Youth Basketball Inc, offering seven basketball courts, financial empowerment resources, a healthy food cafe, classrooms, spaces for physical and mental wellness, a retail shop, and a multimedia lab. These facilities and programs are designed to empower and educate young individuals, helping them to develop essential life skills and reach their full potential.

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Impact




July, 2024

The impact of Sixth Man Center Inc is centered around providing a transformational youth development experience that utilizes basketball as a platform to foster leadership, learning, and athletic growth in young individuals. The organization is actively working towards the completion of the "Sixth Man" Center, set to become the home of Philadelphia Youth Basketball Inc in December 2023. This facility will house seven basketball courts along with various amenities such as a financial empowerment engine, healthy food cafe, classrooms, physical and mental wellness spaces, retail shop, and multimedia lab. Through its comprehensive approach, Sixth Man Center Inc aims to empower youth, enhance their skills, and support their overall development as leaders, learners, and athletes.




This information is meant to be a general summary of Sixth Man Center 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
$1,770,808 (2022)
Expenses
$79,815 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $604
  • Gross Receipts: $1,770,808

Assets and Liabilities:

  • Total Assets: $21,643,224
  • Total Liabilities: $19,656,306
  • Net Assets: $1,986,918

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Organization Details

Founding Year

2021

Principal Officer

Kenneth Holdsman

Main Address

1735 MARKET STREET CONCOURSE FLOOR, PHILADELPHIA, PA, 19103

NTEE Category

Code: P20 - Human services

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