Nonprofit · EIN 47-3758442
PHILADELPHIA YOUTH BASKETBALL INC
Tax-exempt · PHILADELPHIA, PA 19129
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $9,981,160 | $10,845,519 | -$864,359 | $41,157,146 | $28,286,896 | $12,870,250 |
| June 30, 2024 | 990 | $9,262,163 | $9,517,105 | -$254,942 | $25,018,271 | $11,280,964 | $13,737,307 |
| June 30, 2023 | 990 | $4,729,927 | $4,325,516 | $404,411 | $25,054,276 | $11,062,027 | $13,992,249 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $9,807,483
- Program service revenue
- $312,270
- Investment income
- $267,501
- Net rental income
- -$318,439
- Net income from fundraising events
- -$210,054
- Net income from sales of inventory
- $112,121
- Other revenue
- -$406,094
Expenses
- Grants and similar amounts paid
- $3,983,359
- Compensation of officers, directors and key employees
- $542,922
- Other salaries and wages
- $3,322,136
- Salaries, compensation and benefits (total)
- $4,364,145
- Professional fundraising fees
- $0
- Accounting fees
- $91,213
- Occupancy
- $690,475
- Depreciation
- $137,299
- Program services (functional)
- $8,624,542
- Management and general (functional)
- $1,499,392
- Fundraising (functional)
- $721,585
Balance sheet and other
- Total assets, start of year
- $25,018,271
- Total assets, end of year
- $41,157,146
- Total liabilities, end of year
- $28,286,896
- Net assets, end of year
- $12,870,250
- Land, buildings and equipment
- $708,805
- Publicly traded securities
- $45,855
- Net assets without donor restrictions
- $7,340,980
- Net assets with donor restrictions
- $5,529,270
- Gross unrelated business income
- $4,537
- Gross receipts
- $11,203,327
- Employees
- 190
- Volunteers
- 150
- Year formed
- 2015
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KENNETH HOLDSMAN | PRESIDENT & CEO Trustee or director, Officer | 32 | $312,002 | $29,194 |
| JAYSON TISCHLER | COO Officer | 40 | $201,726 | $0 |
| AMEEN AKBAR | CHIEF MISSION OFFICER Highest-paid employee | 40 | $183,548 | $0 |
| JULIA SILVASY | CHIEF STRATEGY OFFICER Highest-paid employee | 40 | $183,548 | $0 |
| RANDYLL BUTLER | VP, PROGRAM OPS & IMPACT Highest-paid employee | 40 | $104,155 | $0 |
| JOHN LANGEL | DIRECTOR Trustee or director | 4 | $0 | $0 |
| DEBBIT ZUMOFF | DIRECTOR Trustee or director | 4 | $0 | $0 |
| ROBERT QUINT | DIRECTOR Trustee or director | 4 | $0 | $0 |
| NIKKI BAGBY | DIRECTOR (TO 06/2025) Trustee or director | 2 | $0 | $0 |
| OLIN CHAMBERLAIN | DIRECTOR (TO 06/2025) Trustee or director | 2 | $0 | $0 |
| MICHAEL COHEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BRAD DENNING | DIRECTOR (TO 06/2025) Trustee or director | 2 | $0 | $0 |
| WILLIAM ELLERBEE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SHOLANDA EPPS | DIRECTOR (TO 06/2025) Trustee or director | 2 | $0 | $0 |
| ALAN GUBERNICK | TREASURER (AS OF 07/2024) Trustee or director, Officer | 2 | $0 | $0 |
19 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BOB KOTHARI | DIRECTOR Trustee or director | 2 | $0 |
| ISAIAH NATHANIEL | DIRECTOR Trustee or director | 2 | $0 |
| AL PARKER | DIRECTOR Trustee or director | 2 | $0 |
| BRIAN PETERSON | DIRECTOR Trustee or director | 2 | $0 |
| BROOKE QUEENAN | CHAIRPERSON (AS OF 07/2024) Trustee or director, Officer | 2 | $0 |
| CRAIG SCOTT | DIRECTOR Trustee or director | 2 | $0 |
| MARK SILOW | DIRECTOR Trustee or director | 2 | $0 |
| SAMUEL SILVERS | DIRECTOR Trustee or director | 2 | $0 |
| JAMES SETH THOMPSON | DIRECTOR Trustee or director | 2 | $0 |
| JAYME BANKS | DIRECTOR Trustee or director | 2 | $0 |
| PAUL ASCHKENASY | DIRECTOR Trustee or director | 2 | $0 |
| HELENE GLASSBERG | DIRECTOR Trustee or director | 2 | $0 |
| DEVIN PARK | DIRECTOR Trustee or director | 2 | $0 |
| TYNEEHA RIVERS | SECRETARY (AS OF 07/2024) Trustee or director, Officer | 2 | $0 |
| JOEL LITVIN | DIRECTOR (AS OF 11/2024) Trustee or director | 2 | $0 |
| MARLENE OLSHAN | DIRECTOR (AS OF 02/2025) Trustee or director | 2 | $0 |
| MICHAEL SPOLAN | DIRECTOR (AS OF 07/2024) Trustee or director | 2 | $0 |
| DAVID THOMAS | DIRECTOR (AS OF 11/2024) Trustee or director | 2 | $0 |
| THOMAS FAULSTICH | CFO (AS OF 01/2025) Officer | 40 | $0 |
990 for the year ended June 30, 2024: 33 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KENNETH HOLDSMAN | PRESIDENT & CEO Trustee or director, Officer | 30 | $295,646 | $15,040 |
| JAYSON TISCHLER | COO Officer | 40 | $184,327 | $0 |
| AMEEN AKBAR | CHIEF MISSION OFFICER Highest-paid employee | 40 | $168,967 | $0 |
| JOHN LANGEL | CHAIRMAN Trustee or director, Officer | 4 | $0 | $0 |
| DEBBIT ZUMOFF | SECRETARY Trustee or director, Officer | 4 | $0 | $0 |
| ROBERT QUINT | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| NIKKI BAGBY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| OLIN CHAMBERLAIN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KAREN CHOJNACKI | DIRECTOR (TO 06/2024) Trustee or director | 2 | $0 | $0 |
| MICHAEL COHEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BRAD DENNING | DIRECTOR Trustee or director | 2 | $0 | $0 |
| WILLIAM ELLERBEE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SHOLANDA EPPS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ERIN FRIDAY | DIRECTOR (TO 06/2024) Trustee or director | 2 | $0 | $0 |
| ALAN GUBERNICK | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BOB KOTHARI | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KAFI LINDSAY | DIRECTOR (TO 03/2024) Trustee or director | 2 | $0 | $0 |
| JOHN MCDONALD | DIRECTOR (TO 06/2024) Trustee or director | 2 | $0 | $0 |
| ISAIAH NATHANIEL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| AL PARKER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BRIAN PETERSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BROOKE QUEENAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CRAIG SCOTT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ADAM SHERMAN | DIRECTOR (TO 06/2024) Trustee or director | 2 | $0 | $0 |
| MARK SILOW | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SAMUEL SILVERS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JAMES SETH THOMPSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RICHARD VOITH | DIRECTOR (TO 06/2024) Trustee or director | 2 | $0 | $0 |
| JAYME BANKS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PAUL ASCHKENASY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| HELENE GLASSBERG | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DEVIN PARK | DIRECTOR Trustee or director | 2 | $0 | $0 |
| TYNEEHA RIVERS | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 32 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KENNETH HOLDSMAN | PRESIDENT & CEO Trustee or director, Officer | 30 | $289,895 | $25,731 |
| AMEEN AKBAR | CHIEF MISSION OFFICER Highest-paid employee | 40 | $133,240 | $0 |
| JAYSON TISCHLER | COO Officer | 40 | $41,538 | $0 |
| JOHN LANGEL | CHAIRMAN Trustee or director, Officer | 4 | $0 | $0 |
| DOUGLAS YOUNG | VICE PRESIDENT (ENDED 07/2022) Trustee or director, Officer | 2 | $0 | $0 |
| DEBBIT ZUMOFF | SECRETARY Trustee or director, Officer | 4 | $0 | $0 |
| ROBERT QUINT | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| NIKKI BAGBY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| OLIN CHAMBERLAIN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KAREN CHOJNACKI | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MICHAEL COHEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BRAD DENNING | DIRECTOR Trustee or director | 2 | $0 | $0 |
| WILLIAM ELLERBEE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SHOLANDA EPPS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ERIN FRIDAY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ALAN GUBERNICK | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARK KORMAN | DIRECTOR (ENDED 03/2022) Trustee or director | 2 | $0 | $0 |
| BOB KOTHARI | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KAFI LINDSAY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOHN MCDONALD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ISAIAH NATHANIEL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| AL PARKER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BRIAN PETERSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BROOKE QUEENAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOHN SALMONS | DIRECTOR (ENDED 07/2022) Trustee or director | 2 | $0 | $0 |
| CRAIG SCOTT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ADAM SHERMAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARK SILOW | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SAMUEL SILVERS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JAMES SETH THOMPSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RICHARD VOITH | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JAYME BANKS | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4250 WISSAHICKON AVE, PHILADELPHIA, PA 19129-1215
- In care of
- % KENNETH - CEO HOLDSMAN
- Principal officer (990 for 2024)
- KENNETH HOLDSMAN, 1735 MARKET STREET, PHILADELPHIA, PA 19103
- Signed the 990
- KENNETH HOLDSMAN, PRESIDENT & CEO
- Phone
- (267) 519-9209
- Return prepared by
- CBIZ ADVISORS LLC
Mission
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.
Program accomplishments
- 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.Expenses $6,783,114 · grants $3,983,359 · revenue $112,121
- 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.Expenses $853,860 · revenue $312,270
- 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.Expenses $439,055
- 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.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.Expenses $548,513
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 47-3758442
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N62)
- Assets (IRS master file)
- $41,157,146
- Income (IRS master file)
- $11,203,327
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $9,981,160 | $10,845,519 | $41,157,146 | IRS |
| 990 | June 2024 | $9,262,163 | $9,517,105 | $25,018,271 | IRS |
| 990 | June 2023 | $4,729,927 | $4,325,516 | $25,054,276 | XML |
| 990 | June 2022 | $13,370,047 | $5,035,551 | $26,740,555 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-3758442).
Questions about PHILADELPHIA YOUTH BASKETBALL INC
- What is the EIN of PHILADELPHIA YOUTH BASKETBALL INC?
- The employer identification number (EIN) of PHILADELPHIA YOUTH BASKETBALL INC is 47-3758442.
- Is PHILADELPHIA YOUTH BASKETBALL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to PHILADELPHIA YOUTH BASKETBALL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PHILADELPHIA YOUTH BASKETBALL INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PHILADELPHIA YOUTH BASKETBALL INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PHILADELPHIA YOUTH BASKETBALL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PHILADELPHIA YOUTH BASKETBALL INC?
- The 990 for the year ended June 30, 2025 names KENNETH HOLDSMAN.
- Who are the officers and directors of PHILADELPHIA YOUTH BASKETBALL INC?
- The 990 for the year ended June 30, 2025 lists 34 people; 5 received compensation from the organization, the highest $312,002 (KENNETH HOLDSMAN, PRESIDENT & CEO).
- How much revenue does PHILADELPHIA YOUTH BASKETBALL INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $9,981,160, expenses of $10,845,519 and total assets of $41,157,146 at year end.
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