2025-05-15T12:01:16-05:00 2024-06-30 881478669 CBIZ ADVISORS LLC 1601 MARKET ST 4TH FLOOR PHILADELPHIA PA 19103 990 2023-07-01 473758442 PHILADELPHIA YOUTH BASKETBALL INC PHIL 2675199209 1735 MARKET STREET PHILADELPHIA PA 19103 KENNETH HOLDSMAN PRESIDENT & CEO 2675199209 2025-05-14 1 0 AARON M FOX P01365820 2152972100 2025-05-14 2023 2025-03-06 01:10:19Z KENNETH HOLDSMAN 1735 MARKET STREET PHILADELPHIA PA 19103 9718605 0 X WWW.PHILLYYOUTHBASKETBALL.ORG X 2015 PA EMPOWER YOUNG PEOPLE TO DEVELOP THEIR FULL POTENTIAL AS STUDENTS, ATHLETES, AND POSITIVE LEADERS. 25 24 153 150 0 0 4290511 8732131 204869 566056 215379 308588 19168 -344612 4729927 9262163 1553797 5923034 0 0 2092663 2771644 0 0 580568 679056 822427 4325516 9517105 404411 -254942 25054276 25018271 11062027 11280964 13992249 13737307 X 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. 0 0 6934473 5923034 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. 598376 430668 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. 247161 21019 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. 275190 114369 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. 275190 114369 8055200 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 14 0 1 153 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 PA X THOMAS FAULSTICH 2675199209 1735 MARKET STREET CONCOURSE FLOOR PHILADELPHIA PA 19103 JOHN LANGEL CHAIRMAN 4.00 X X 0 0 0 KENNETH HOLDSMAN PRESIDENT & CEO 30.00 4.00 X X 295646 0 15040 DEBBIT ZUMOFF SECRETARY 4.00 X X 0 0 0 ROBERT QUINT TREASURER 4.00 X X 0 0 0 NIKKI BAGBY DIRECTOR 2.00 X 0 0 0 OLIN CHAMBERLAIN DIRECTOR 2.00 X 0 0 0 KAREN CHOJNACKI DIRECTOR (TO 06/2024) 2.00 X 0 0 0 MICHAEL COHEN DIRECTOR 2.00 X 0 0 0 BRAD DENNING DIRECTOR 2.00 X 0 0 0 WILLIAM ELLERBEE DIRECTOR 2.00 X 0 0 0 SHOLANDA EPPS DIRECTOR 2.00 X 0 0 0 ERIN FRIDAY DIRECTOR (TO 06/2024) 2.00 X 0 0 0 ALAN GUBERNICK DIRECTOR 2.00 X 0 0 0 BOB KOTHARI DIRECTOR 2.00 X 0 0 0 KAFI LINDSAY DIRECTOR (TO 03/2024) 2.00 X 0 0 0 JOHN MCDONALD DIRECTOR (TO 06/2024) 2.00 X 0 0 0 ISAIAH NATHANIEL DIRECTOR 2.00 2.00 X 0 0 0 AL PARKER DIRECTOR 2.00 X 0 0 0 BRIAN PETERSON DIRECTOR 2.00 X 0 0 0 BROOKE QUEENAN DIRECTOR 2.00 X 0 0 0 CRAIG SCOTT DIRECTOR 2.00 X 0 0 0 ADAM SHERMAN DIRECTOR (TO 06/2024) 2.00 X 0 0 0 MARK SILOW DIRECTOR 2.00 2.00 X 0 0 0 SAMUEL SILVERS DIRECTOR 2.00 X 0 0 0 JAMES SETH THOMPSON DIRECTOR 2.00 X 0 0 0 RICHARD VOITH DIRECTOR (TO 06/2024) 2.00 X 0 0 0 JAYME BANKS DIRECTOR 2.00 X 0 0 0 PAUL ASCHKENASY DIRECTOR 2.00 X 0 0 0 HELENE GLASSBERG DIRECTOR 2.00 X 0 0 0 DEVIN PARK DIRECTOR 2.00 X 0 0 0 TYNEEHA RIVERS DIRECTOR 2.00 X 0 0 0 JAYSON TISCHLER COO 40.00 4.00 X 184327 0 0 AMEEN AKBAR CHIEF MISSION OFFICER 40.00 X 168967 0 0 648940 0 15040 3 0 1 0 0 1567733 7164398 446232 8732131 AFTER SCHOOL & WEEKEND 713940 566056 566056 566056 308535 308535 41630 0 41630 41630 41630 53 0 53 53 53 70200 1567733 456442 -386242 -386242 9262163 566056 0 -36024 5923034 5923034 522990 78448 127830 316712 1990051 1496854 375792 117405 62700 45354 17346 195903 125429 39202 31272 54255 54255 130186 130186 42186 26226 15960 47461 15310 12949 19202 45423 15516 9524 20383 42618 14295 17996 10327 69206 38202 16412 14592 2837 135 497 2205 30402 12070 18332 36584 15783 20801 34880 6397 26464 2019 SUPPLIES 202367 200825 141 1401 MISCELLANEOUS 47899 36660 8015 3224 BANK FEES 36123 4662 5595 25866 9517105 8055200 881337 580568 3106345 3683553 7078246 5610327 14637549 14637549 69622 238745 705562 44685 79912 660877 41074 43502 41528 143718 25054276 25018271 227384 567066 147000 22450 9954611 10691448 733032 0 11062027 11280964 X 7328341 9635988 6663908 4101319 13992249 13737307 25054276 25018271 -254942 0 X 0 1 X 1 0 X 937913 5476689 13216946 4290511 8732131 32654190 937913 5476689 13216946 4290511 8732131 32654190 3311515 29342675 16161 9349 38620 215379 350165 629674 33283864 895142 0.88160 0.85070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 155000 155000 550562 44685 505877 660877 X 10932943 201218 1469562 1670780 9262163 0 9262163 4517983 201218 456442 657660 3860323 5656782 5656782 9517105 PART X, LINE 2: MANAGEMENT OF THE ORGANIZATION CONSIDERS THE LIKELIHOOD OF CHANGES BY TAXING AUTHORITIES IN ITS FILED INCOME TAX RETURNS AND RECOGNIZES A LIABILITY FOR OR DISCLOSES POTENTIAL SIGNIFICANT CHANGES THAT MANAGEMENT BELIEVES ARE MORE LIKELY THAN NOT TO OCCUR UPON EXAMINATION BY TAX AUTHORITIES, INCLUDING CHANGES TO THE ORGANIZATION'S STATUS AS A NOT-FOR-PROFIT ENTITY. MANAGEMENT BELIEVES THE ORGANIZATION MET THE REQUIREMENTS TO MAINTAIN ITS TAX-EXEMPT STATUS AND HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS SUBJECT TO THE UNRELATED BUSINESS INCOME TAX THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE OF CONSOLIDATED SUBSIDIARY 1,013,120. DIFFERENCES BETWEEN GAAP AND TAX REPORTING OF FUNDRAISING EXPENSE 456,442. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIFFERENCES BETWEEN GAAP AND TAX REPORTING OF FUNDRAISING EXPENSE 456,442. PART XII, LINE 4B - OTHER ADJUSTMENTS: ADD BACK OF ELIMINATED INTERCOMPANY GRANT EXPENSE 5,656,782. PYB GALA 1602833 1532633 70200 14139 186172 94096 25390 136646 1602833 1532633 70200 14139 186172 94096 25390 136646 456443 -386243 1 SIXTH MAN CENTER INC 1735 MARKET STREET CONCOURSE FLOOR PHILADELPHIA PA 19103 873392686 501C3 5922844 0 CONSTRUCTION FOR SIXTH MAN CENTER FOR YOUTH DEVELOPMENT 1 PART I, LINE 2: SIXTH MAN CENTER, INC. ("SMC") IS A RELATED ENTITY CONTROLLED BY THE OFFICERS OF PHILADELPHIA YOUTH BASKETBALL, INC. ("PYB"). DONATIONS TO PYB DESIGNATED FOR SMC BY THE DONOR ARE TRANSFERRED TO A SEPARATE BANK ACCOUNT, AND SEPARATE BOOKS AND RECORDS ARE MAINTAINED FOR PYB AND SMC IN ORDER TO SUBSTANTIATE THE AMOUNTS OF GRANTED FUNDS. BOTH PYB AND SMC BOOKS CONTAIN A MATCHED INTERCOMPANY RECEIVABLE / PAYABLE TRACKING THIS ACTIVITY, WHICH IS RECONCILED QUARTERLY. X X X 0 0 0 0 0 0 0 0 0 KENNETH HOLDSMAN PRESIDENT & CEO 295646 0 0 0 0 0 0 0 15040 0 310686 0 0 0 JAYSON TISCHLER COO 184327 0 0 0 0 0 0 0 0 0 184327 0 0 0 AMEEN AKBAR CHIEF MISSION OFFICER 168967 0 0 0 0 0 0 0 0 0 168967 0 0 0 X 3 446232 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE IT IS FILED, AFTER IT HAS BEEN REVIEWED BY THE PRESIDENT AND FINANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD-DELEGATED POWERS MUST ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT THEY HAVE RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTAND THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY AND UNDERSTANDS THAT THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION HAS A BOARD-APPROVED POLICY FOR DETERMINING THE COMPENSATION OF THE CEO. LED BY THE BOARD CHAIR, TREASURER, AND PERSONNEL COMMITTEE AN ANNUAL PERFORMANCE REVIEW OF THE CEO IS COMPLETED. AT THEIR DISCRETION, THEY MAY ASK OTHER MEMBERS OF THE BOARD OF DIRECTORS TO BE INVOLVED FORMALLY OR INFORMALLY IN THE EVALUATION PROCESS. THEY MAY ALSO ELECT TO OBTAIN BENCHMARKING RESEARCH AND INFORMATION TO INFORM THE COMPENSATION. FINALLY, THEY MAY ASK THE CHIEF EXECUTIVE OFFICER TO COMPLETE AND SUBMIT A WRITTEN SELF-ASSESSMENT. THE BOARD CHAIR IS RESPONSIBLE FOR COMMUNICATING THE CHIEF EXECUTIVE OFFICERS' COMPENSATION AND ANY ONGOING ADJUSTMENTS IN A TIMELY AND REASONABLE MANNER. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THEY CAN ALSO BE FOUND ON GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. SIXTH MAN CENTER INC 1735 MARKET STREET / CONCOURSE LEVE PHILADELPHIA PA 19103 873392686 SEE SUPPLEMENTAL INFORMATION PA 501(C)(3) LINE 10 PHILADELPHIA YOUTH BASKETBAL 1 PURSUING TRANSFORMATION INC 1735 MARKET STREET / CONCOURSE LEVE PHILADELPHIA PA 19103 873905064 SEE SUPPLEMENTAL INFORMATION PA 501(C)(3) LINE 10 PHILADELPHIA YOUTH BASKETBAL 1 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 SIXTH MAN CENTER INC B 5922844 CASH PURSUING TRANSFORMATION INC D 100000 CASH