2017-05-12T14:14:36-05:00 2016-06-30 390758449 WIPFLI LLP 2 WEST BALTIMORE AVE SUITE 210 MEDIA PA 19063 990 2015-07-01 232993155 PHILADELPHIA YOUTH NETWORK INC PHIL 2675023800 400 MARKET STREET SUITE 200 PHILADELPHIA PA 19106 CHEKEMMA FULMORE-TOWNSEND CEO & PRESIDENT 2675023800 2017-05-12 1 JOHN J NIHILL CPA P00844252 6105653930 2017-05-12 2015 2021-01-29 14:40:06Z CHEKEMMA FULMORE-TOWNSEND 400 MARKET STREET SUITE 200 PHILADELPHIA PA 19106 25532820 0 X WWW.PYNINC.ORG X 1999 PA WORKING TO ENSURE PHILADELPHIA YOUTH ARE PREPARED FOR EDUCATIONAL AND ECONOMIC SUCCESS. 14 14 8441 96 0 0 24940078 25026155 686516 505846 14 9 3596 810 25630204 25532820 11435209 0 0 0 4549289 11276830 0 0 224203 9808998 13872343 25793496 25149173 -163292 383647 9092917 8274982 8708046 6867243 384871 1407739 X PYN IS AN INTERMEDIARY ORGANIZATION THAT WORKS WITH CROSS-SECTOR PARTNERS TO EXPAND ACCESS TO EDUCATION AND EMPLOYMENT SERVICES FOR UNDERSERVED YOUNG PEOPLE AGES 12-24. PYN WORKS TO CREATE COORDINATED SYSTEMS WHICH PROMOTE THE ATTAINMENT OF ACADEMIC ACHIEVEMENT, ECONOMIC OPPORTUNITY AND PERSONAL SUCCESS. WE KNOW THAT PHILADELPHIA STRUGGLES WITH CHALLENGES THAT HAVE SERIOUS IMPLICATIONS FOR NOT ONLY OUR YOUNG PEOPLE BUT FOR OUR CITY OVERALL. FOUNDED IN 1999, PYN HAS ALWAYS PRIORITIZED SERVICES TO COMMUNITIES WITH LIMITED RESOURCES AND ACCESS TO OPPORTUNITY. 0 0 20153210 506656 WORKFORCE INITIATIVES - THROUGH ITS WORKFORCE INITIATIVES, THE PHILADELPHIA YOUTH NETWORK (PYN) FOCUSES ON DEVELOPING AND DELIVERING MODELS THAT PROVIDE OPPORTUNITIES FOR YOUTH TO GAIN WORK EXPERIENCE, EXPOSURE TO CAREER OPPORTUNITIES, EMPLOYMENT SKILLS, AND AN UNDERSTANDING OF THE CONNECTIONS BETWEEN EDUCATION AND ECONOMIC SUCCESS. MANY OF THESE SERVICES ARE DELIVERED THROUGH WORKREADY PHILADELPHIA, A CITYWIDE EFFORT MANAGED BY PYN. WORKREADY PHILADELPHIA IS A CROSS-SECTOR PARTNERSHIP DEDICATED ADDRESSING THE SKILLS GAP FOR VULNERABLE YOUNG PEOPLE. EACH YEAR, WORKREADY PROGRAMS PROVIDE THOUSANDS OF YOUNG PEOPLE WITH EMPLOYMENT OPPORTUNITIES DESIGNED TO ENHANCE YOUTH UNDERSTANDING AND MASTERY OF CRITICAL 21ST CENTURY SKILLS. SINCE INCEPTION, WORKREADY HAS PROVIDED MORE THAN 150,000 EMPLOYMENT OPPORTUNITIES FOR YOUNG PEOPLE IN PHILADELPHIA. AS THE MANAGING PARTNER OF WORKREADY PHILADELPHIA, PYN CONTRACTS WITH A NETWORK OF YOUTH-SERVING ORGANIZATIONS TO OPERATE A PORTFOLIO OF PROGRAMS. SERVING AS THE YOUTH ADMINISTRATOR OF THE LOCAL WORKFORCE BOARD, PYN CONTRACTS WITH SEVERAL DOZEN YOUTH-SERVING ORGANIZATIONS TO OPERATE WORKREADY PROGRAMS AND PROVIDES THE TECHNICAL ASSISTANCE, TRAINING ON BEST PRACTICES, YOUTH PAYROLL SERVICES AND CONNECTIONS TO EMPLOYERS AND SCHOOLS. MORE THAN HALF OF THE ELIGIBLE YOUTH PARTICIPATING IN THESE PROGRAMS EACH YEAR ARE RECOMMENDED BY CERTIFIED TEACHERS TO RECEIVE ACADEMIC CREDIT FOR THEIR PROJECTS OR PORTFOLIOS. PYN ALSO MANAGES FOUR NEIGHBORHOOD-BASED E3 POWER CENTERS THAT SERVE OUT-OF-SCHOOL AND YOUTH RETURNING FROM JUVENILE PLACEMENT. E3 STANDS FOR EMPOWERMENT, EDUCATION AND EMPLOYMENT. THESE CENTERS OFFER SKILL-BUILDING EXPERIENCES FOR OUT-OF-SCHOOL AND OTHER DISCONNECTED YOUTH DESIGNED TO HELP THEM ACHIEVE LONG-TERM GOALS IN THE AREAS OF EDUCATION, OCCUPATIONAL SKILLS, LIFE SKILLS AND EMPLOYMENT. PYN CONTRACTS WITH YOUTH-SERVING ORGANIZATIONS TO OPERATE THE CENTERS. ADDITIONALLY, PYN WILL PARTNER WITH THE ADULT PUBLIC WORKFORCE SYSTEM TO SERVE YOUTH AND YOUND ADULTS SEEKING EMPLOYMENT AND RELATED SUPPORTS IN THE WEST PHILADELPHIA PROMISE ZONE. 1257223 EDUCATIONAL INITIATIVES - PYN WORKS TO EQUIP YOUNG PEOPLE IN PHILADELPHIA FOR ACADEMIC ACHIEVEMENT, SO THEY ARE COLLEGE AND CAREER READY. WORK IN THIS AREA INCLUDES MANAGING PROJECT U-TURN, A COLLECTIVE IMPACT EFFORT DEDICATED TO ENGAGING AND RE-ENGAGING YOUNG PEOPLE IN EDUCATION. SINCE ITS LAUNCH, PROJECT U-TURN HAS RESULTED IN INCREASED RESOURCES ($230 MILLION) DEDICATED TO THE ISSUE, MORE THAN 2,800 RE-ENGAGMENT OPPORTUNITIES FOR DISCONNECTED YOUTH, AND THE OPENING OF A CENTRAL RE-ENGAGEMENT CENTER AT THE SCHOOL DISTRICT. IN ADDITION, SINCE PROJECT U-TURN'S INCEPTION, THE ON-TIME GRADUATION RATE IN PHILADELPHIA HAS INCREASED FROM 52% T0 65%. PROJECT U-TURN BELIEVES IN DATA-DRIVEN RESULTS, AND HAS RELEASED A NUMBER OF RESEARCH REPORTS AROUND THIS WORK, INCLUDING "A PROMISE WORTH KEEPING," A FOLLOW UP TO "UNFULFILLED PROMISES," WHICH SHINED THE LIGHT ON PHILADELPHIA'S DROPOUT CRISIS. PYN ALSO MANAGES FOUR NEIGHBORHOOD-BASED E3 POWER CENTERS THAT SERVE OUT-OF-SCHOOL AND YOUTH RETURNING FROM JUVENILE PLACEMENT. E3 STANDS FOR EMPOWERMENT, EDUCATION AND EMPLOYMENT. THESE CENTERS OFFER SKILL-BUILDING EXPERIENCES FOR OUT-OF-SCHOOL AND OTHER DISCONNECTED YOUTH DESIGNED TO HELP THEM ACHIEVE LONG-TERM GOALS IN THE AREAS OF EDUCATION, OCCUPATIONAL SKILLS, LIFE SKILLS AND EMPLOYMENT. PYN CONTRACTS WITH YOUTH-SERVING ORGANIZATIONS TO OPERATE THE CENTERS. IN ADDITION TO HELPING RE-ENGAGED YOUTH EARN A SECONDARY CREDENTIAL, PYN IS MANAGING A POST-SECONDARY BRIDGING PILOT IN THE E3 POWER CENTERS. THIS DUAL ENROLLMENT PROGRAM OFFERS COURSE INSTRUCTION AND INDIVIDUALIZED COACHING FOR COLLEGE SUCCESS. 1590676 CONVENING AND CAPACITY-BUILDING - KEY TO ITS MISSION AS AN INTERMEDIARY ORGANIZATION FOCUSED ON IMPROVING EDUCATIONAL AND ECONOMIC OUTCOMES FOR YOUTH, PYN SUPPORTS SYSTEMS, ORGANIZATIONS, CONTRACTORS, BUSINESSES, INTERNAL STAFF AND OTHER STAKEHOLDERS, HELPING THEM TO WORK TOGETHER TOWARD A SHARED GOAL. PYN BELIEVES THAT IT TAKES COLLECTIOVE ACTION TO ACHEIVE BETTER OUTCOMES FOR YOUTH, UTILIZING A COLLECTIVE IMPACT APPROACH TO ENGAGE PARTNERS. AS AN INTERMEDIARY, PYN PROVIDES SUPPORT TO SYSTEM PARTNERS THAT WORK DIRECTLY WITH YOUTH TO INFLUENCE OUTCOMES AT A GREATER SCALE. IN THIS WORK, PYN CONVENES SYSTEM PARTNERS, LEVERAGES FUNDING, DESIGNS PROGRAM MODELS, SUPPORTS INFRASTRUCTURE, INFORMS POLICY, CONDUCTS AND DISSEMINATES RESEARCH, AND PROVIDES STRATEGIC ADVISING. 23001109 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 16 0 1 8441 1 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X KARIN MACBRIDE 2675023800 400 MARKET STREET STE 200 PHILADELPHIA PA 19106 JEFFREY BROWN BOARD CHAIR 2.00 X X 0 0 0 DEBRA STEINER FRIEDMAN ESQ BOARD VICE CHAIR 2.00 X X 0 0 0 GREGORY DOYLE SECRETARY 2.00 X X 0 0 0 JOVAN GOLDSTEIN TREASURER 1.00 X X 0 0 0 PAMELA GALLIMORE DIRECTOR 1.00 X 0 0 0 JOANN WEINBERGER DIRECTOR 1.00 X 0 0 0 STEPHANIE WALL DIRECTOR 1.00 X 0 0 0 MICHAEL HARMERSON DIRECTOR 1.00 X 0 0 0 DEBORAH MOSES DIRECTOR 1.00 X 0 0 0 DR JANE SHORE DIRECTOR 1.00 X 0 0 0 JOHN F CLAYTON JR DIRECTOR 1.00 X 0 0 0 CHARLES STUART RAINWATER DIRECTOR 1.00 X 0 0 0 DOUGLAS OLIVER DIRECTOR 1.00 X 0 0 0 TRACEE HUNT DIRECTOR 1.00 X 0 0 0 CHEKEMMA FULMORE-TOWNSEND CEO & PRESIDENT 50.00 X 129030 0 9722 STEPHANIE GAMBONE EXECUTIVE VICE PRESIDENT 50.00 X 107084 0 12250 KARIN MACBRIDE ASSISTANT TREASURER 50.00 X 34750 0 10454 270864 0 32426 2 0 1 0 JEVS HUMAN SERVICES 1845 WALNUT STREET PHILADELPHIA PA 19103 PROGRAMMATIC SERVICES 2221109 CONGRESO DE LATINOS UNIDOS INC 216 W SOMERSET STREET PHILADELPHIA PA 19133 PROGRAMMATIC SERVICES 1621208 THE BRIDGE AT FOX CHASE THERAPEUTIC CENTER AT FOX CHASE PHILADELPHIA PA 19111 PROGRAMMATIC SERVICES 1328852 DISTRICT 1199C T&C FUND 100 SOUTH BROAD STREET PHILADELPHIA PA 19110 PROGRAMMATIC SERVICES 1253145 COMMUNITIES IN SCHOOLS OF PHILADELPHIA 2000 HAMILTON STREET SUITE 201 PHILADELPHIA PA 19130 PROGRAMMATIC SERVICES 1204377 24 18802741 6223414 25026155 WORKFORCE INITIATIVES 900099 505846 505846 505846 9 9 MISCELLANEOUS 900099 810 810 810 25532820 506656 0 9 X 510125 347366 144714 18045 9362585 8399062 856698 106825 54642 37208 15501 1933 606012 449003 139601 17408 743466 660339 73911 9216 15254 10387 4327 540 47427 32295 13454 1678 12235825 11972541 234093 29191 289949 197442 82252 10255 40952 27886 11617 1449 566896 386025 160818 20053 120319 81931 34132 4256 125850 125850 42284 28793 11995 1496 STUDENT COSTS 335072 335072 0 0 DUES & SUBSCRIPTIONS 48131 32774 13654 1703 EMPLOYER RECRUITMENT 2640 1797 749 94 MISCELLANEOUS 888 605 252 31 856 583 243 30 25149173 23001109 1923861 224203 1385414 2323963 6361 909086 7039252 4445253 9805 86995 1243769 895302 455270 348467 196815 161218 9092917 8274982 7474544 4362326 1233502 2504917 8708046 6867243 X 297721 545143 87150 862596 0 0 384871 1407739 9092917 8274982 X 383647 639221 0 X 0 1 X 1 1 1 X 27059309 25753756 22421765 24940078 25026155 125201063 14901 17940 0 0 0 32841 27074210 25771696 22421765 24940078 25026155 125233904 125233904 1015 269 58 14 9 1365 125235269 1.00000 0.99990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 149579 59061 90518 1094190 836241 257949 348467 X 25532820 0 25532820 0 25532820 25149173 0 25149173 0 25149173 PART X, LINE 2: PYN IS A PRIVATE NOT-FOR-PROFIT CORPORATION AND, ACCORDINGLY, IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE INTERNAL REVENUE CODE SECTION 501(C)(3). PYN IS ALSO EXEMPT FROM STATE AND LOCAL TAXES UNDER APPLICABLE STATUTES. THE ORGANIZATION IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. THE ORGANIZATION'S FEDERAL FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR FISCAL 2013, 2014 AND 2015 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THE TAX RETURNS WERE FILED. X X X 0 0 0 0 0 0 0 0 0 PART I, LINE 3 THE EXECUTIVE COMPENSATION IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE AND APPROVED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 11 ALL BOARD MEMBERS HAVE THE CONTACT INFORMATION FOR THE INDEPENDENT AUDITIORS AND CAN CONTACT THEM DIRECTLY AT ANY TIME. IN ADDITION, BOTH THE VP OF FINANCE AND OUTSIDE COUNSEL REVIEWS AND APPROVES THE 990 FOR DISTRIBUTION (VIA EMAIL) TO THE BOARD. COPIES OF THE FINAL DRAFT OF THE FORM 990 IS PROVIDED TO EACH MEMBER OF THE BOARD. THEBOARD REVIEWS AND APPROVES THE 990 FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICTS OF INTEREST POLICY OF PHILADELPHIA YOUTH NETWORK, INC. (PYN) REQUIRES EACH MEMBER OF THE BOARD OF DIRECTORS (OR COMMITTEE THEREOF), OFFICER, AND KEY EMPLOYEE OF PYN TO EXECUTE AND DELIVER AN ANNUAL STATEMENT DISCLOSING THE FACTS RELATING TO ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 A SALARY REVIEW IS CONDUCTED EVERY THREE TO FIVE YEARS BY AN EXTERNAL COMPENSATION ORGANIZATION OR CONSULTANT. ANNUALLY, THE EMPLOYEE'S COMPENSATION IS ADJSUTED ON SEVERAL FACTORS INCLUDING, BUT NOT LIMITED TO, THE REGIONAL CONSUMER PRICE INDEX AND ORGANIZATIONAL FUNDING LEVELS. FURTHERMORE, THE EXECUTIVE COMPENSATION IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE AND APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 PYN MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC IN A VARIETY OF WAYS. ALL ARE AVAILABLE OUPON REQUEST, INCLUDING VIA AN EMAIL ADDRESS POSTED ON OUR WEBSITE. IN ADDITION, PYN DISTRIBUTES ITS AUDITED FINANACIAL STATEMENTS TO ALL FUNDERS AND STRATEGIC PARTNERS. PYN'S ANNUAL REPORT, WHICH ALSO CONTAINS SUMMARY FINANACIAL INFORMATION ALONG WITH CONTACT INFORMATION TO OBTAIN A COPY OF OUR AUDIT, IS DISTRIBUTED WIDELY VIA MAIL TO FUNDERS, PARTNERS, CONTRACTORS, AND OTHER STAKEHOLDERS. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 174,129. MANAGEMENT AND GENERAL EXPENSES 72,542. FUNDRAISING EXPENSES 9,046. TOTAL EXPENSES 255,717. PAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 143,562. MANAGEMENT AND GENERAL EXPENSES 10,162. FUNDRAISING EXPENSES 1,267. TOTAL EXPENSES 154,991. CONSULTANTS: PROGRAM SERVICE EXPENSES 363,391. MANAGEMENT AND GENERAL EXPENSES 151,389. FUNDRAISING EXPENSES 18,878. TOTAL EXPENSES 533,658. SUBCONTRACTORS: PROGRAM SERVICE EXPENSES 11,291,459. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,291,459. FORM 990 PART XI LINE 8 THE JUNE 30, 2015 FINANCIAL STATEMENTS HAVE BEEN RESTATED TO ADJUST PREVIOUSLY REPORTED GRANTS AND CONTRACTS RECEIVABLE, DEFERRED REVENUE ANDREVENUES. THE ADJUSTMENTS RELATED TO THE CLASSIFICATION OF CERTAIN FUNDING AS CONTRIBUTIONS OR EXCHANGE TRANSACTIONS. ACCORDINGLY, ADJUSTMENTS WERE MADE TO INCREASE TEMPORARILY RESTRICTED GRANTS AND CONTRIBUTIONS REVENUE AND RELATED RECEIVABLES, REDUCE DEFERRED REVENUE AND INCREASE TEMPORARILY RESTRICTED NET ASSETS AT THE BEGINNING OF THE YEAR. THE EFFECT OF THE RESTATEMENT WAS TO INCREASE THE CHANGE IN NET ASSETS FOR THE YEAR ENDED JUNE 30, 2015 BY $125,765. NET ASSETS AS OF JULY 1, 2014 WERE INCREASED BY $513,456 TO RECORD THE CUMULATIVE EFFECT OF THE RESTATEMENT.