Philadelphia Youth Basketball Inc

PHILADELPHIA, PA EIN: 47-3758442 Website

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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$25.0M

-0.1% YoY

Annual Giving

$5.9M

+281.2% YoY

Grant Count

-66.7% YoY

Avg Grant Size

$5.9M

+1043.6% YoY

About Philadelphia Youth Basketball Inc

Based on IRS filings

Philadelphia Youth Basketball Inc is a nonprofit organization focused on Recreation & Sports, based in PHILADELPHIA, PA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $25.0M in total assets. In 2024, it awarded 1 grants totaling $5.9M. Net investment income was $309K.

Focus Areas

Recreation & Sports

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $10.3M (100%)

States

Pennsylvania

Cities

PHILADELPHIA

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$25,018,271	$25,054,276	$26,740,555
Revenue	$9,262,163	$4,729,927	$13,370,047
Expenses	$9,517,105	$4,325,516	$5,035,551
Qualifying Distributions	—	—	—
Net Investment Income	$308,588	$215,379	$38,620
Distributable Amount	—	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

6 grants across all recorded years

Open Grants

3 open opportunities from Philadelphia Youth Basketball Inc

Foundation

PYB Magic Academy - Youth Entrepreneurship Program

PHILADELPHIA YOUTH BASKETBALL INC

Amount

$10,000 award

Deadline

Rolling / Open

Annual

Foundation

Samuel A. Green Scholarship Program

PHILADELPHIA YOUTH BASKETBALL INC

Amount

$20,000 in multiyear support

Deadline

Rolling / Open

Annual

Foundation

Wilt Chamberlin Memorial Fund Scholarship

PHILADELPHIA YOUTH BASKETBALL INC

Amount

Up to $5,000 per year (4-year universities); $2,500 per year (2-year community college/vocational)

Deadline

Rolling / Open

Annual

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Sixth Man Center Inc ($5,922,844).

Recipient	Purpose	Amount
SIXTH MAN CENTER INC PHILADELPHIA, PA	CONSTRUCTION FOR SIXTH MAN CENTER FOR YOUTH DEVELOPMENT	$5,922,844

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JOHN LANGEL	CHAIRMAN	4	—
KENNETH HOLDSMAN	PRESIDENT & CEO	30	$295,646
DEBBIT ZUMOFF	SECRETARY	4	—
ROBERT QUINT	TREASURER	4	—
NIKKI BAGBY	DIRECTOR	2	—
OLIN CHAMBERLAIN	DIRECTOR	2	—
KAREN CHOJNACKI	DIRECTOR (TO 06/2024)	2	—
MICHAEL COHEN	DIRECTOR	2	—
BRAD DENNING	DIRECTOR	2	—
WILLIAM ELLERBEE	DIRECTOR	2	—
SHOLANDA EPPS	DIRECTOR	2	—
ERIN FRIDAY	DIRECTOR (TO 06/2024)	2	—
ALAN GUBERNICK	DIRECTOR	2	—
BOB KOTHARI	DIRECTOR	2	—
KAFI LINDSAY	DIRECTOR (TO 03/2024)	2	—
JOHN MCDONALD	DIRECTOR (TO 06/2024)	2	—
ISAIAH NATHANIEL	DIRECTOR	2	—
AL PARKER	DIRECTOR	2	—
BRIAN PETERSON	DIRECTOR	2	—
BROOKE QUEENAN	DIRECTOR	2	—
CRAIG SCOTT	DIRECTOR	2	—
ADAM SHERMAN	DIRECTOR (TO 06/2024)	2	—
MARK SILOW	DIRECTOR	2	—
SAMUEL SILVERS	DIRECTOR	2	—
JAMES SETH THOMPSON	DIRECTOR	2	—
RICHARD VOITH	DIRECTOR (TO 06/2024)	2	—
JAYME BANKS	DIRECTOR	2	—
PAUL ASCHKENASY	DIRECTOR	2	—
HELENE GLASSBERG	DIRECTOR	2	—
DEVIN PARK	DIRECTOR	2	—
TYNEEHA RIVERS	DIRECTOR	2	—
JAYSON TISCHLER	COO	40	$184,327
AMEEN AKBAR	CHIEF MISSION OFFICER	40	$168,967

Subject Areas

Focus areas based on grantmaking activity

Recreation & Sports

Frequently Asked Questions

What is Philadelphia Youth Basketball Inc?

Philadelphia Youth Basketball Inc is a nonprofit organization focused on Recreation & Sports, based in PHILADELPHIA, PA. It holds $25.0M in total assets as of 2024.

How large is Philadelphia Youth Basketball Inc?

As of 2024, Philadelphia Youth Basketball Inc holds $25.0M in total assets with $9.3M in annual revenue. It awarded 1 grants totaling $5.9M in 2024.

Where does Philadelphia Youth Basketball Inc operate?

Philadelphia Youth Basketball Inc has awarded grants in Pennsylvania.

What size grants does Philadelphia Youth Basketball Inc award?

In 2024, Philadelphia Youth Basketball Inc awarded 1 grants totaling $5.9M — an average of about $5.9M per grant, based on its IRS Form 990 filings.

What is Philadelphia Youth Basketball Inc's EIN?

Philadelphia Youth Basketball Inc's EIN (Employer Identification Number) is 47-3758442. IRS Form 990 filing data is available on this page for 2019–2024.