PHILADELPHIA YOUTH BASKETBALL INC Charity Report

Public IRS 990 nonprofit record

PHILADELPHIA YOUTH BASKETBALL INC

EIN 47-3758442 · Basketball (N62)

What they do

PHILADELPHIA YOUTH BASKETBALL (PYB) is A COMMUNITY-BUILT YOUTH EMPOWERMENT ORGANIZATION THAT LEVERAGES THE ICONIC GAME of BASKETBALL to HELP TODAYS URBAN YOUTH OVERCOME THE MOST URGENT and SYSTEMIC ISSUES FACING UNDERSERVED COMMUNITIES.BUILT OF, BY, FOR, and WITH THE COMMUNITIES IT SERVES, PYBS 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.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $79.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders34 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

86.41%of revenue went to mission work79.5% of expenses · Program services

7.23%of revenue went to fundraising6.7% of expenses

$108.66spent for every $100 of revenueSpending was higher than revenue this year.

15.02%of revenue went to management and office costs13.8% of expenses

$3.79in assets for every $1 spent this yearSome assets cannot be spent right away.

98.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $864,359 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $341,196 for KENNETH HOLDSMAN (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$9,981,160

Mission workProgram services$8,624,54286.41% of revenue79.5% of expenses

ManagementOffice and general costs$1,499,39215.02% of revenue13.8% of expenses

FundraisingAsking for donations$721,5857.23% of revenue6.7% of expenses

Total expenses$10,845,519108.66% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 79.5% mission · 13.8% management · 6.7% fundraisingTotal expenses: 108.66% of revenue

2023Expense mix: 84.6% mission · 9.3% management · 6.1% fundraisingTotal expenses: 102.75% of revenue

2022Expense mix: 75.7% mission · 13.4% management · 10.8% fundraisingTotal expenses: 91.45% of revenue

2021Expense mix: 84.5% mission · 8.1% management · 7.4% fundraisingTotal expenses: 37.66% of revenue

2020Expense mix: 57.2% mission · 20.7% management · 22.1% fundraisingTotal expenses: 25.75% of revenue

2019Expense mix: 59.3% mission · 20.3% management · 20.5% fundraisingTotal expenses: 116.61% of revenue

2018Expense mix: 58.8% mission · 26.4% management · 14.8% fundraisingTotal expenses: 62.33% of revenue

2017Expense mix: 49.3% mission · 24.3% management · 26.4% fundraisingTotal expenses: 89.95% of revenue

Money in and money out

Revenue$9,981,160

Expenses$10,845,519

Annual shortfall $864,359 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$8,624,542 · 79.5% of expenses

Management and office costs$1,499,392 · 13.8% of expenses

Fundraising$721,585 · 6.7% of expenses

See all reported dollar amounts

Revenue$9,981,160

Expenses$10,845,519

Assets$41,157,146

Income$11,203,327

Contributions$9,807,483

Mission work (program services)$8,624,542

Fundraising$721,585

Grants given$14,275,752

Average grant$1,784,469

Management and general$1,499,392

Executive compensation (total)$244,362

Stocks and bonds$45,855

Accounting fees$91,213

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

KENNETH HOLDSMANPRESIDENT & CEO · 32 hrs/week $341,196Base $312,002 · Other $29,194

JAYSON TISCHLERCOO · 40 hrs/week $201,726

JULIA SILVASYCHIEF STRATEGY OFFICER · 40 hrs/week $183,548

AMEEN AKBARCHIEF MISSION OFFICER · 40 hrs/week $183,548

RANDYLL BUTLERVP, PROGRAM OPS & IMPACT · 40 hrs/week $104,155

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (34)

KENNETH HOLDSMANPRESIDENT & CEO

JAYSON TISCHLERCOO

JULIA SILVASYCHIEF STRATEGY OFFICER

AMEEN AKBARCHIEF MISSION OFFICER

RANDYLL BUTLERVP, PROGRAM OPS & IMPACT

PAUL ASCHKENASYDIRECTOR

MARK SILOWDIRECTOR

MARLENE OLSHANDIRECTOR (AS OF 02/2025)

MICHAEL COHENDIRECTOR

MICHAEL SPOLANDIRECTOR (AS OF 07/2024)

NIKKI BAGBYDIRECTOR (TO 06/2025)

OLIN CHAMBERLAINDIRECTOR (TO 06/2025)

JOHN LANGELDIRECTOR

ROBERT QUINTDIRECTOR

SAMUEL SILVERSDIRECTOR

SHOLANDA EPPSDIRECTOR (TO 06/2025)

THOMAS FAULSTICHCFO (AS OF 01/2025)

TYNEEHA RIVERSSECRETARY (AS OF 07/2024)

WILLIAM ELLERBEEDIRECTOR

AL PARKERDIRECTOR

JOEL LITVINDIRECTOR (AS OF 11/2024)

JAYME BANKSDIRECTOR

JAMES SETH THOMPSONDIRECTOR

ISAIAH NATHANIELDIRECTOR

HELENE GLASSBERGDIRECTOR

DEVIN PARKDIRECTOR

DEBBIT ZUMOFFDIRECTOR

DAVID THOMASDIRECTOR (AS OF 11/2024)

CRAIG SCOTTDIRECTOR

BROOKE QUEENANCHAIRPERSON (AS OF 07/2024)

BRIAN PETERSONDIRECTOR

BRAD DENNINGDIRECTOR (TO 06/2025)

BOB KOTHARIDIRECTOR

ALAN GUBERNICKTREASURER (AS OF 07/2024)

About this charity

Recognized since: January 2015
Location: 4250 WISSAHICKON AVE, PHILADELPHIA, PA 19129-1215
County: Philadelphia
In care of: % KENNETH - CEO HOLDSMAN
Primary officer: KENNETH HOLDSMAN, PRESIDENT & CEO

How to reach them

WebsiteVisit the charity’s website Emailmedia@phillyyouthbasketball.org Phone(267) 519-9209

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CBIZ ADVISORS LLC
NTEE classification: Basketball (N62)
IRS tax category: Basketball
Grant-giving organization: Yes