Skip to content
Nonprofiteer
← PHILADELPHIA YOUTH BASKETBALL INC

Form 990 for tax year 2023

Filed by PHILADELPHIA YOUTH BASKETBALL INC.

Totals

Total revenue
$9,262,163
Total expenses
$9,517,105
Contributions and grants received
$8,732,131
Grants paid
$5,923,034
Program service revenue
$566,056
Investment income
$308,588
Other revenue
-$344,612
Total assets, end of year
$25,018,271
Total liabilities, end of year
$11,280,964
Net assets or fund balances, end of year
$13,737,307
Program services expenses (Part IX)
$8,055,200
Management and general expenses
$881,337
Fundraising expenses
$580,568
Program service expenses (Part III)
$8,055,200

Program services were 84.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $1,567,733

  • 1f · All other contributions, gifts and grants

    $7,164,398

  • 1g · Noncash contributions included above

    $446,232

  • 2a · Program service revenue: AFTER SCHOOL & WEEKEND

    total $566,056 · related or exempt $566,056

  • 3 · Investment income

    total $308,535 · excluded $308,535

  • 6a · Gross rents

    real property $41,630

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $41,630

  • 6d · Net rental income or loss

    total $41,630 · excluded $41,630

  • 7a · Gross sales of assets other than inventory

    securities $53

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $53

  • 7d · Net gain or loss

    total $53 · excluded $53

  • 8a · Fundraising events: gross income

    $70,200

  • 8a · Fundraising events: contributions included on line 1c

    $1,567,733

  • 8b · Fundraising events: direct expenses

    $456,442

  • 8c · Net income from fundraising events

    total -$386,242 · excluded -$386,242

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $5,923,034 · program services $5,923,034

  • 5 · Compensation of officers, directors and key employees

    total $522,990 · program services $78,448 · management and general $127,830 · fundraising $316,712

  • 7 · Other salaries and wages

    total $1,990,051 · program services $1,496,854 · management and general $375,792 · fundraising $117,405

  • 9 · Other employee benefits

    total $62,700 · program services $45,354 · management and general $17,346

  • 10 · Payroll taxes

    total $195,903 · program services $125,429 · management and general $39,202 · fundraising $31,272

  • 11b · Fees: legal

    total $54,255 · management and general $54,255

  • 11c · Fees: accounting

    total $130,186 · management and general $130,186

  • 11g · Fees: other

    total $42,186 · program services $26,226 · fundraising $15,960

  • 12 · Advertising and promotion

    total $47,461 · program services $15,310 · management and general $12,949 · fundraising $19,202

  • 13 · Office expenses

    total $45,423 · program services $15,516 · management and general $9,524 · fundraising $20,383

  • 14 · Information technology

    total $42,618 · program services $14,295 · management and general $17,996 · fundraising $10,327

  • 16 · Occupancy

    total $69,206 · program services $38,202 · management and general $16,412 · fundraising $14,592

  • 17 · Travel

    total $2,837 · program services $135 · management and general $497 · fundraising $2,205

  • 20 · Interest

    total $30,402 · program services $12,070 · management and general $18,332

  • 22 · Depreciation, depletion and amortization

    total $36,584 · program services $15,783 · management and general $20,801

  • 23 · Insurance

    total $34,880 · program services $6,397 · management and general $26,464 · fundraising $2,019

  • 24a · Other expenses: SUPPLIES

    total $202,367 · program services $200,825 · management and general $141 · fundraising $1,401

  • 24b · Other expenses: MISCELLANEOUS

    total $47,899 · program services $36,660 · management and general $8,015 · fundraising $3,224

  • 24c · Other expenses: BANK FEES

    total $36,123 · program services $4,662 · management and general $5,595 · fundraising $25,866

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,106,345 · end of year $3,683,553

  • 3 · Pledges and grants receivable

    beginning of year $7,078,246 · end of year $5,610,327

  • 7 · Other notes and loans receivable

    beginning of year $14,637,549 · end of year $14,637,549

  • 9 · Prepaid expenses and deferred charges

    beginning of year $69,622 · end of year $238,745

  • 10a · Land, buildings and equipment: cost or other basis

    $705,562

  • 10b · Land, buildings and equipment: accumulated depreciation

    $44,685

  • 10c · Land, buildings and equipment, net

    beginning of year $79,912 · end of year $660,877

  • 11 · Investments: publicly traded securities

    beginning of year $41,074 · end of year $43,502

  • 15 · Other assets

    beginning of year $41,528 · end of year $143,718

  • 17 · Accounts payable and accrued expenses

    beginning of year $227,384 · end of year $567,066

  • 19 · Deferred revenue

    beginning of year $147,000 · end of year $22,450

  • 23 · Secured mortgages and notes payable

    beginning of year $9,954,611 · end of year $10,691,448

  • 25 · Other liabilities

    beginning of year $733,032 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $7,328,341 · end of year $9,635,988

  • 28 · Net assets with donor restrictions

    beginning of year $6,663,908 · end of year $4,101,319

Mission and programs · 2023

Mission

PHILADELPHIA YOUTH BASKETBALL (PYB) IS A COMMUNITY-BUILT YOUTH EMPOWERMENT ORGANIZATION THAT LEVERAGES THE ICONIC GAME OF BASKETBALL TO HELP TODAY'S URBAN YOUTH OVERCOME THE MOST URGENT AND SYSTEMIC ISSUES FACING UNDERSERVED COMMUNITIES.BUILT OF, BY, FOR, AND WITH THE COMMUNITIES IT SERVES, PYB'S UNIQUE EQUITY-BUILDING MODEL COMBINES ENGAGING GROUP ACTIVITIES AND SPORT & SOCIETY MODULES WITH REAL-WORLD LIFE LESSONS FROM HEALTH AND WELLNESS TO PERSONAL GROWTH AND LEADERSHIP. THIS HOLISTIC APPROACH TO YOUTH DEVELOPMENT HINGES ON THE ACCESSIBLE, CULTURALLY CREDIBLE COACH-MENTORS AT PYB, MANY OF WHOM COME FROM THE SAME NEIGHBORHOODS AND CIRCUMSTANCES AS THE YOUNG PEOPLE WE SERVE. ENTREPRENEURIAL AND EVIDENCED-BASED, PYB HELPS THOUSANDS OF YOUNG PEOPLE FIND THEIR VOICE, VALUE AND VISIBILITY DURING THEIR CRITICAL FORMATIVE YEARS, TO BRING ABOUT MEANINGFUL COMMUNITY CHANGE AND LASTING ECONOMIC MOBILITY.

Activities or mission (Part I)

EMPOWER YOUNG PEOPLE TO DEVELOP THEIR FULL POTENTIAL AS STUDENTS, ATHLETES, AND POSITIVE LEADERS.

  • PYB DEVELOPED A SIGNATURE ACADEMY PROGRAM THAT IS BASED ON OUR HOLISTIC MODEL THAT COMBINES ON-COURT SKILL DEVELOPMENT AND GAMEPLAY WITH OFF-COURT ENRICHMENT, MENTORSHIP,AND HEALTHY FOODS. THE ACADEMY PROGRAM SERVES YOUTH FROM 4-18 YEARS OLD, WITH COHESIVE PATHWAYS FROM KINDERGARTEN TO CAREER. THE ACADEMY PROGRAM REFERS TO A COLLECTION OF CUSTOMIZABLE PROGRAMS DESIGNED TO MEET YOUNG PEOPLE WHERE THEY AREBASED ON THEIR AGE, SKILL LEVEL, AND, IF DESIRED, GENDER. INFUSED WITH 5 CORE COMPETENCIES, RANGING FROM SOCIAL-EMOTIONAL LEARNING, FINANCIAL LITERACY, CAREER READINESS, PHYSICAL HEALTH AND MENTAL WELLNESS, AND ACADEMIC ENRICHMENT, THE GOAL OF THE MODEL IS TO FOSTER CRITICAL SKILLS NECESSARY TO SUCCEED AND TO THRIVE THROUGHOUT YOUTH AND INTO ADULTHOOD.

    Expenses $6,934,473 · Grants $5,923,034

  • PYB'S MIDDLE SCHOOL PARTNERSHIP PROGRAM (MSPP) IS A COMPREHENSIVE AFTER-SCHOOL PROGRAM, WHICH COMBINES ACADEMIC ENRICHMENT, BASKETBALL SKILL DEVELOPMENT, AND POSITIVE COACHING AND MENTORSHIP TO EMPOWER YOUNG PEOPLE AS STUDENTS, ATHLETES, AND POSITIVE LEADERS IN THEIR COMMUNITY.

    Expenses $598,376 · Revenue $430,668

  • LACE UP & LEARN UP SUMMER CAMP SERIES (LULU) IS A FULL-DAY SUMMER CAMP FOR PARTICIPANTS IN GRADES 5-8. LULU OFFERS COMMUNITY BUILDERS, DRILLS & SKILLS, ACADEMIC LEARNING, GUEST SPEAKERS, GAMEPLAY, AND HEALTHY MEALS.

    Expenses $247,161 · Revenue $21,019

  • THE I AM BECAUSE WE ARE (IABWA) PROGRAM IS AN ANTI-VIOLENCE MENTORSHIP PROGRAM THAT USES BASKETBALL TO DEVELOP YOUNG PEOPLE AGES 13-18 INTO THE NEXT GENERATION OF LEADERS. DEEPLY ROOTED IN THE AFRICAN PHILOSOPHY OF "UBUNTU" IN WHICH OUR SENSE OF SELF IS SHAPED BY OUR RELATIONSHIPS WITH OTHERS, WE COMBINE OFF-COURT, SOCIAL-EMOTIONAL, IDENTITY DEVELOPMENT CURRICULUM WITH ON-COURT SKILL BUILDING AND GAMEPLAY. IABWA'S COACH-MENTORS USE RESTORATIVE STRATEGIES TO BUILD A THRIVING COMMUNITY AND PROVIDE SAFE SPACES FOR YOUTHESPECIALLY THOSE WHO HAVE BEEN IMPACTED BY GUN VIOLENCE AND THE JUSTICE SYSTEM. PARTICIPANTS BENEFIT FROM SUPPORT IN MITIGATING THESE TRAUMATIC ENVIRONMENTAL CIRCUMSTANCES AND WELCOME THE PROGRAM'S EMPOWERING REDIRECTION IN THEIR LIVES.FINANCIAL EMPOWERMENT PROGRAMS INCLUDE FINANCIAL LITERACY WORKSHOPS AND BUSINESS PLAN DEVELOPMENT OPPORTUNITIES, INCLUDING A "MAGIC ACADEMY," WHICH IS A STARTUP ACCELERATOR MODEL FOR HIGH SCHOOL STUDENTS WITH PRIZE MONEY.HOOPHERS IS A GIRLS EMPOWERMENT PROGRAM FOR MIDDLE SCHOOL STUDENTS WITH ON-COURT AND OFF-COURT SKILL DEVELOPMENT TAILORED TO YOUNG WOMEN TO FLOURISH AS LEADERS.WORKBASED LEARNING (WBL) OPPORTUNITIES ARE PROVIDED TO HIGH SCHOOL STUDENTS TO INTERN WITH PARTNER ORGANIZATIONS FOR PRACTICAL LEARNING EXPERIENCES, WHILE RECEIVING RESOURCES, TRAINING, AND ENRICHMENT TO DEVELOP AS CAREER-READY LEADERS.

    Expenses $275,190 · Revenue $114,369

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • JOHN LANGEL

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    4

  • KENNETH HOLDSMAN

    PRESIDENT & CEO

    Total calculated
    $310,686
    From this org
    $295,646
    From related orgs
    $0
    Other
    $15,040
    Hours/week
    30 + 4 related

    Schedule J breakdown matched by us

    Base
    $295,646
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $15,040
    Filer's total
    $310,686

  • DEBBIT ZUMOFF

    SECRETARY

    Total calculated
    $0
    Hours/week
    4

  • ROBERT QUINT

    TREASURER

    Total calculated
    $0
    Hours/week
    4

  • NIKKI BAGBY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • OLIN CHAMBERLAIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • KAREN CHOJNACKI

    DIRECTOR (TO 06/2024)

    Total calculated
    $0
    Hours/week
    2

  • MICHAEL COHEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • BRAD DENNING

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • WILLIAM ELLERBEE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • SHOLANDA EPPS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ERIN FRIDAY

    DIRECTOR (TO 06/2024)

    Total calculated
    $0
    Hours/week
    2

  • ALAN GUBERNICK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • BOB KOTHARI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • KAFI LINDSAY

    DIRECTOR (TO 03/2024)

    Total calculated
    $0
    Hours/week
    2

  • JOHN MCDONALD

    DIRECTOR (TO 06/2024)

    Total calculated
    $0
    Hours/week
    2

  • ISAIAH NATHANIEL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • AL PARKER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • BRIAN PETERSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • BROOKE QUEENAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • CRAIG SCOTT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ADAM SHERMAN

    DIRECTOR (TO 06/2024)

    Total calculated
    $0
    Hours/week
    2

  • MARK SILOW

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • SAMUEL SILVERS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JAMES SETH THOMPSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • RICHARD VOITH

    DIRECTOR (TO 06/2024)

    Total calculated
    $0
    Hours/week
    2

  • JAYME BANKS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • PAUL ASCHKENASY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • HELENE GLASSBERG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DEVIN PARK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • TYNEEHA RIVERS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JAYSON TISCHLER

    COO

    Total calculated
    $184,327
    From this org
    $184,327
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 4 related

    Schedule J breakdown matched by us

    Base
    $184,327
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $184,327

  • AMEEN AKBAR

    CHIEF MISSION OFFICER

    Total calculated
    $168,967
    From this org
    $168,967
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $168,967
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $168,967

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • SIXTH MAN CENTER INC

    501(C)(3) · SEE SUPPLEMENTAL INFORMATION · PA · controlled entity

    Directly controlled by PHILADELPHIA YOUTH BASKETBAL

  • PURSUING TRANSFORMATION INC

    501(C)(3) · SEE SUPPLEMENTAL INFORMATION · PA · controlled entity

    Directly controlled by PHILADELPHIA YOUTH BASKETBAL

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2025
IRS schema version
2023v6.0
Source object
202541359349307399

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.