- Revenue 2024
- $43,554
- Expenses 2024
- $61,050
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- S80
- Classification
- 1200
- Street
- 1735 MARKET STREET
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
THE GENERATOR WILL PROVIDE A HOST OF SOCIAL AND COMMUNITY SERVICES RELATED TO WORKFORCE DEVELOPMENT AND OTHER HIGH-NEED SERVICES. SOME OF THOSE SERVICES MAY BE PROVIDED BY OTHER PARTNER ORGANIZATIONS.
Activities or mission (Part I)
THE PROPERTY IS BEING DEVELOPED AS A STATE-OF-THE ART WORKFORCE TRAINING AND DEVELOPMENT FACILITY, CURRENTLY NAMED THE "GENERATOR." THE OWNER ENTITY, PURSUING TRANSFORMATION INC, WAS FORMED FOR THE PURPOSE OF DEVELOPING THE PROPERTY FOR THE GENERATOR.
-
THE PROPERTY IS BEING DEVELOPED AS A STATE-OF-THE ART WORKFORCE TRAINING AND DEVELOPMENT FACILITY, CURRENTLY NAMED THE "GENERATOR." THE OWNER ENTITY, PURSUING TRANSFORMATION INC, WAS FORMED FOR THE PURPOSE OF DEVELOPING THE PROPERTY FOR THE GENERATOR. THE BUILDING IS IN A PRE-CONSTRUCTION PHASE WITH NO CURRENT OCCUPANCY.
Expenses $61,050
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
KENNETH HOLDSMAN
PRESIDENT
- Total calculated
- $341,196
- From this org
- $0
- From related orgs
- $312,002
- Other
- $29,194
- Hours/week
- 2 + 32 related
Schedule J breakdown matched by us
- Base
- $0 + $264,272 related
- Bonus
- $0 + $47,730 related
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $29,194 related
- Filer's total
- $0 + $341,196 related
-
ISAIAH NATHANIEL
TREASURER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
BRUCE GOODMAN
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
THOMAS FAULSTICH
CFO (AS OF 01/2025)
- Total calculated
- $0
- Hours/week
- 2 + 42 related
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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $43,554
- Expenses
- $61,050
- Contributions
- $11,250
- Grants paid
- $0
-
2023
- Revenue
- $13,266
- Expenses
- $48,204
- Contributions
- $285
- Grants paid
- $0
-
2022
- Revenue
- $75,584
- Expenses
- $70,248
- Contributions
- $75,584
- Grants paid
- $0
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $1,087,848
- Expenses
- $18,076
- Assets (EOY)
- $1,368,548
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.
Grants made
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
-
2022 CONSTRUCTIONS FOR A YOUTH DEVELOPMENT FACILITY
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
PHILADELPHIA YOUTH BASKETBALL INC
501(C)(3) · EMPOWER YOUNG PEOPLE TO DEVELOP THEIR FULL POTENTIAL AS ATHLETES · PA
-
501(C)(3) · PROPERTY FOR YOUTH DEVELOPMENT FACILITY · PA
Declared as related by
-
On its 2024 return
-
PHILADELPHIA YOUTH BASKETBALL INC
On its 2024 return as a controlled entity
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 29 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.