2026-05-14T13:46:34-05:00 2025-06-30 881478669 CBIZ ADVISORS LLC 1899 L STREET NW 850 WASHINGTON DC 20036 990 2024-07-01 873392686 SIXTH MAN CENTER INC SIXT 6054316066 1735 MARKET STREET CONCOURSE FLOOR PHILADELPHIA PA 19103 KENNETH HOLDSMAN PRESIDENT 6054316066 2026-05-14 1 0 AARON FOX P01365820 2022274000 2026-05-14 2024 2025-03-06 01:10:19Z KENNETH HOLDSMAN 1735 MARKET STREET CONCOURSE FLOOR PHILADELPHIA PA 19103 4074279 0 X HTTPS://WWW.PHILLYYOUTHBASKETBALL.ORG/ X 2021 PA TO PROVIDE A TRANSFORMATION YOUTH DEVELOPMENT EXPERIENCE THAT LEVERAGES BASKETBALL AS A MEANS TO GROW YOUNG PEOPLE AS LEADERS, LEARNERS, AND ATHLETES. 3 2 0 150 0 0 6922844 3952496 0 0 44 34 0 121749 6922888 4074279 0 0 0 0 0 0 0 0 0 218048 1131804 218048 1131804 6704840 2942475 38194982 41677468 28171458 28711469 10023524 12965999 X THE "SIXTH MAN" CENTER WILL SERVE AS THE FACILITY FOR PHILADELPHIA YOUTH BASKETBALL INC TO PROVIDE A TRANSFORMATION YOUTH DEVELOPMENT EXPERIENCE THAT LEVERAGES BASKETBALL AS A MEANS TO GROW YOUNG PEOPLE AS LEADERS, LEARNERS, AND ATHLETES. THE "SIXTH MAN" CENTER HAS SEVEN BASKETBALL COURTS, A FINANCIAL EMPOWERMENT ENGINE, HEALTHY FOOD CAFE, CLASSROOMS, PHYSICAL & MENTAL WELLNESS SPACES, RETAIL SHOP, AND MULTIMEDIA LAB. 1 0 1131804 121749 BEGINNING IN JUNE 2024, THE "SIXTH MAN" CENTER OPENED FOR THE PURPOSES OF PHILADELPHIA YOUTH BASKETBALL BEING THE SOLE TENANT. CERTIFICATE OF OCCUPANCY WAS RECEIVED IN MARCH 2025, AT WHICH POINT TENANT (PYB) BEGAN PAYING MONTHLY RENT TO LANDLORD (SMC) PER MASTER LEASE AGREEMENT. 1131804 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 20 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 2 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 PA X THOMAS FAULSTICH 6054316066 1735 MARKET STREET CONCOURSE FLOOR PHILADELPHIA PA 19103 KENNETH HOLDSMAN PRESIDENT 2.00 32.00 X X 0 312002 29194 ARIEL JOHNSON-PEREDO TREASURER 2.00 X X 0 0 0 MARK SILOW SECRETARY 2.00 2.00 X X 0 0 0 THOMAS FAULSTICH CFO (AS OF 01/2025) 2.00 42.00 X 0 0 0 0 312002 29194 0 0 1 0 0 3952496 3952496 34 34 121749 0 121749 121749 121749 4074279 121749 0 34 X 4072 4072 12420 12420 115997 115997 82548 82548 284912 284912 631751 631751 104 104 1131804 1131804 0 0 117685 10762 373629 296244 1000000 0 5206 0 89910 41633222 631751 36429928 41001471 273740 273875 38194982 41677468 4891858 101084 23279600 28610000 0 385 28171458 28711469 X 10023524 12965999 10023524 12965999 38194982 41677468 2942475 0 X 0 1 X 1 0 X 1727904 1468213 6922844 3952496 14071457 1727904 1468213 6922844 3952496 14071457 0 0 0 14071457 42904 70 44 121783 164801 42904 70 44 121783 164801 1770808 1468283 6922888 4074279 14236258 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 750988 750988 40882234 631751 40250483 41001471 DUE TO PYB 385 385 X 4074279 0 4074279 0 4074279 1131804 0 1131804 0 1131804 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. THERE ARE CURRENTLY NO EXAMINATIONS PENDING OR IN PROCESS. 0 0 0 0 0 0 0 0 0 KENNETH HOLDSMAN PRESIDENT 0 264272 0 47730 0 0 0 0 0 29194 0 341196 0 0 FORM 990, PART III, LINE 2 BEGINNING IN JUNE 2024, THE "SIXTH MAN" CENTER OPENED FOR THE PURPOSES OF PHILADELPHIA YOUTH BASKETBALL BEING THE SOLE TENANT. CERTIFICATE OF OCCUPANCY WAS RECEIVED IN MARCH 2025, AT WHICH POINT TENANT (PYB) BEGAN PAYING MONTHLY RENT TO LANDLORD (SMC) PER MASTER LEASE AGREEMENT. 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. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 115,997. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 115,997. PHILADELPHIA YOUTH BASKETBALL INC 1735 MARKET STREET / CONCOURSE LEVE PHILADELPHIA PA 19103 473758442 EMPOWER YOUNG PEOPLE TO DEVELOP THEIR FULL POTENTIAL AS ATHLETES PA 501(C)(3) LINE 10 0 PURSUING TRANSFORMATION INC 1735 MARKET STREET / CONCOURSE LEVE PHILADELPHIA PA 19103 873905064 PROPERTY FOR YOUTH DEVELOPMENT FACILITY PA 501(C)(3) LINE 10 PHILADELPHIA YOUTH BASKETBALL 0 0 0 1 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 PHILADELPHIA YOUTH BASKETBALL INC C 3952496 CASH PURSUING TRANSFORMATION INC D 273740 CASH PHILADELPHIA YOUTH BASKETBALL INC J 121749 LEASE AGREEMENT