Philadelphia Youth Basketball Inc

Organization Overview

Philadelphia Youth Basketball Inc is located in Philadelphia, PA. The organization was established in 2015. According to its NTEE Classification (N62) the organization is classified as: Basketball, under the broad grouping of Recreation & Sports and related organizations. As of 06/2021, Philadelphia Youth Basketball Inc employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philadelphia Youth Basketball Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Philadelphia Youth Basketball Inc generated $5.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 51.2% each year . All expenses for the organization totaled $1.4m during the year ending 06/2021. While expenses have increased by 19.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

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

Describe the Organization's Program Activity:

Part 3 - Line 4a

PHILADELPHIA YOUTH BASKETBALL ("PYB") DELIVERS YEAR-ROUND PROGRAMMING TO NEARLY 1,300 PARTICIPANTS LED BY SKILLED, CARING, AND AUTHENTIC COACH-MENTORS. CENTRAL TO OUR APPROACH IS THE NOTION THAT BASKETBALL IS AN ICONIC GAME IN OUR CITY AND REGION, TRANSCENDING LINES THAT HISTORICALLY DIVIDE US LINES OF RACE AND ETHNICITY, NEIGHBORHOOD, AND ECONOMIC CIRCUMSTANCE TO CREATE RELATIONSHIPS THAT BIND US TOGETHER. THROUGH A COMBINATION OF BASKETBALL SKILL-BUILDING AND GAME-PLAY, ACADEMIC ENRICHMENT, POSITIVE COACHING AND MENTORSHIP, HEALTHY MEALS AND NUTRITION INFORMATION, LEADERSHIP DEVELOPMENT, AND MORE, WE ARE COMMITTED TO HELPING YOUNG PEOPLE BUILD POSITIVE RELATIONSHIPS WITH THEIR PEERS AND ADULTS, LEARNING AND EDUCATION, COMMUNITY, AND FUTURE TRAJECTORIES.


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Board, Officers & Key Employees

Name (title)Compensation
Kenneth Holdsman
President & CEO
$234,888
Douglas Young
Vice President
$0
John Langel
Chairman
$0
Debbit Zumoff
Secretary
$0
Robert Quint
Treasurer
$0
Jessica Alexander
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$685,298
Related organizations$0
Government grants $259,716
All other contributions, gifts, grants, and similar amounts not included above$4,531,675
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,476,689
Total Program Service Revenue$26,299
Investment income $9,349
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $2,899
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,515,236

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Philadelphia Youth Basketball Inc has recieved totaling $500.

Awarding OrganizationAmount
Bill And Del Duffy Family Foundation

Yardley, PA

PURPOSE: HUMAN SERVICES

$500
View Grant Recipient Profile

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