2017-03-17T10:46:48-07:00 2016-09-30 SCHALL & ASHENFARB CPAS 307 5th Ave 15th Floor NEW YORK NY 100166517 990 2015-10-01 223384302 Pencil Inc PENC 2125242386 30 West 26th Street 5th Floor New York NY 10010 Gregg Betheil President 2017-03-17 true Michael Schall P02024184 2122682800 2015 2021-01-29 14:40:06Z Gregg Betheil 30 W 26th Street 5th Floor New York NY 10010 3832802 false false X www.pencil.org PENCIL is the leader in creating innovative and impactful models of collaboration between the business and education communities. See Schedule O. 20 20 175 1250 0 3611208 2752547 0 44404 93521 0 3655612 2846068 0 0 2723178 2306793 55000 690763 1187836 765093 3911014 3126886 -255402 -280818 3140864 2659473 368189 163111 2772675 2496362 PENCIL is the leader in creating innovative and impactful models of collaboration between the business and education communities. PENCIL works at the intersection of school needs and business expertise to bring together the best ideas, talent, and resources across sectors to improve public student and school performance and enhance workforce pathways. false false 2086464 In FY16, PENCILs School Partnership Program served over 80 New York City public schools by leveraging the talents and resources of the Citys business community to improve students college and career readiness and strengthen school leadership. These partnerships were supported by approximately 75 companies.92% of Principals reported students have a better understanding of what to expect in college or the workplace91% of Principals reported the Partnership helped improve students awareness of their college and career options84% of Principals reported the Partnership provided the school with access to knowledge, skills or resources that addressed school needsIn FY16, the PENCIL Internship Program placed 435 students in six-week internships at 172 businesses across New York City. Business Mentors and student interns report that the Internship Program had a positive impact on participants communication skills, networking skills, professional skills, and their career awareness and planning. 92% of students reported their participation in the internship Program helped me improve my career awareness and planning91% of students reported their participation in the internship Program helped me improve my social capital & networking skills92% of students reported their participation in the internship Program helped me improve my professional skills (i.e. time management, communication, computer skills, etc.)PENCIL partnerships and internships were supported by approximately 1250 business volunteers. 2086464 true true false false false false false false false false true false false false true true true false false false false false false true true false false false false true false false false false false false false false false false false false false false false false false false false false false true 6 0 false 175 true false false false false false false false false 0 false false false false false false false false false false X 20 20 false false false false false false false true true false false true true true true true true true true false NY X X Marilyn Fogarty 2125242386 30 West 26th Street 5th Floor New York NY 10010 Howard Chatzinoff Chairman 2.00 0.00 X X 0 0 0 E Scott Beatie Treasurer 2.00 0.00 X X 0 0 0 Charles R Bendit Vice Chairman 2.00 0.00 X X 0 0 0 Ken Clinchy Director 2.00 0.00 X 0 0 0 Christopher B Hayward Vice Chairman 2.00 0.00 X X 0 0 0 Jeremy Johnson Director 2.00 0.00 X 0 0 0 Lew Leone Director 2.00 0.00 X 0 0 0 Elba Montalvo Director 2.00 0.00 X 0 0 0 Shael Polakow-Suransky Director 2.00 0.00 X 0 0 0 Galen Robbins Director 2.00 0.00 X 0 0 0 Karen Proctor Secretary 2.00 0.00 X X 0 0 0 Mitchell M Roschelle Director 2.00 0.00 X 0 0 0 Elliot Wahle Director 2.00 0.00 X 0 0 0 Joe Scantlebury Director 2.00 0.00 X 0 0 0 Lewis Warren Jr Director 2.00 0.00 X 0 0 0 Abbe Raven Director 2.00 0.00 X 0 0 0 Jack Stephenson Director 2.00 0.00 X 0 0 0 John Fosina Director 2.00 0.00 X 0 0 0 David Barger Director 0.00 0.00 X 0 0 0 Susan Tysk-Cosgrove Director 2.00 0.00 X 0 0 0 Gregg Betheil President 40.00 0.00 X 92754 0 14832 David Weiner President 40.00 0.00 X 247829 0 24915 John McHale Dir. Fin&Admin 40.00 0.00 X 102143 0 17047 Joanna Cannon COO 40.00 0.00 X 170969 0 8649 Marilyn Fogarty Dir. Fin&Admin 0.00 0.00 X 0 0 0 Russel Langsam Assoc. Dir. 40.00 0.00 X 90532 0 24915 704227 90358 3 false true false 0 1274836 435000 1042711 2752547 0 67363 67363 0 0 0 842492 816334 26158 26158 26158 170400 1274836 170400 0 0 0 0 2846068 93521 0 0 0 0 412997 215005 99822 98170 0 1461291 1085927 87920 287444 0 16792 11837 1622 3333 415713 293044 40167 82502 0 0 0 0 55000 55000 0 16275 16275 0 37977 26360 3804 7813 0 0 318802 220766 32132 65904 40791 24961 14310 1520 0 0 0 0 63968 44400 6407 13161 23439 16269 2348 4822 Consulting 100692 70244 9822 20626 Telephone 90747 62987 9090 18670 Indirect special event expense 28140 28140 Bank Charges and Admin Fees 21790 21790 22472 14664 4150 3658 3126886 2086464 349659 690763 X 192459 428899 0 1334786 1105536 0 0 0 0 0 5807 0 1281227 1175119 167535 106108 1397306 975959 0 0 0 42971 42971 3140864 2659473 212069 48574 31609 30300 2500 122011 84237 368189 163111 X 2168800 2036531 603875 459831 2772675 2496362 3140864 2659473 -280818 4505 X false true X true false X 3441294 231413 2985192 3611208 2752547 13021654 0 0 3441294 231413 2985192 3611208 2752547 13021654 2660763 10360891 96398 20495 66619 42761 67363 293636 0 0 13315290 85486 0.77810 0.80190 X Part I: Additional Information Pencil Inc. filed a short period return for the period beginning July 1, 2013 and ending September 30, 2013 which is reported on Schedule A, Part II, Section A under the year 2012. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 591669 491806 99863 689558 683313 6245 106108 Deferred Rent 84237 84237 X 3174502 4505 323929 328434 2846068 2846068 3450815 323929 323929 3126886 3126886 Part X : FIN48 Footnote Pencil does not believe its financial statements include any material, uncertain tax positions. Tax filings for periods ending June 30, 2013 and later are subject to examination by applicable taxing authorities. true DS Consulting Group 845 Third Avenue New York NY 10022 F/R Counsel false 55000 55000 NY Annual Gala 1445236 1274836 170400 170400 1445236 1274836 170400 170400 170400 X X false false false false false false false false false false David Weiner President 247829 24915 272744 Joanna Cannon COO 170969 8649 179618 Form 990, Part VI, Line 11b: Form 990 Review Process Management reviewed a draft of the form 990 with the audit/finance committee and provided edits to the tax preparer. After this process was performed, the form 990 was sent to the full board of directors prior to being filed with the IRS. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The organization has a "board approved" conflicts of interest policy. Each board member must fill out an annual declaration stating they had no conflicts or identifying the nature of their interested party transactions.) Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Each year, the audit and finance committee reviews comparable salaries based on a recognized study and reviews the performance of the president to determine if the existing salary falls within these ranges. After a deliberation of this matter, a new proposed salary and benefit package is voted on. The minutes of the audit and finance committee reflect the nature of this process. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Organizational documents are made available upon request.