2016-02-19T10:22:50-08:00 2015-09-30 SCHALL & ASHENFARB CPAS 307 5th Ave 15th Floor NEW YORK NY 100166517 990 2014-10-01 223384302 Pencil Inc PENC 2125242386 30 West 26th Street 5th Floor New York NY 10010 David Weiner President 2016-02-19 true David C Ashenfarb P00535436 2122682800 2014 2016-08-17 19:52:53Z David Weiner 30 W 26th Street 5th Floor New York NY 10010 4582341 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 20 113 1250 0 2985192 3611208 21500 0 89097 44404 -595000 0 2500789 3655612 0 0 2923181 2723178 0 804052 1135775 1187836 4058956 3911014 -1558167 -255402 3419350 3140864 385252 368189 3034098 2772675 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 2591914 In FY15, PENCILs School Partnership Program served 210 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 over 260 companies and 1250 business volunteers.-95% of principals reported that their PENCIL Partnership helped improve school culture and/or student performance-85% of business partners reported that their PENCIL Partnership provided the school with knowledge, skills and support that were not accessible through the school system-88% of students reported that their PENCIL Partnership helped them understand the types of activities different careers entail.In FY15, the PENCIL Fellows Program placed 194 students in six-week internships at 98 businesses across New York City. Business Mentors and Fellows report that the Fellows Program had a positive impact on participants communication skills, networking skills, professional skills, and their career awareness and planning. For example:-84% of students reported the PENCIL Fellows Program influenced their future academic or career plans-89% of students reported the PENCIL Fellows Program increased their confidence interacting with people in a professional environment-99% of students reported that as a result of the PENCIL Fellows Program they understand how a network will benefit them in the future-Over 85% of Business Mentors reported that PENCIL Fellows: asked questions and sought assistance when necessary; integrated feedback from supervisors into their work; worked collaboratively with others; managed their time effectively; were flexible and responsive to company needs; and spoke to supervisors and staff clearly and articulately-25% of Business Mentors offered to extend their Fellows internship or offered them a job after the Program had completed 2591914 true true false false false false false false false false true false false false true true true false false false false false false false 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 11 0 false 113 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 John McHale 2125242386 30 West 26th Street 5th Floor New York NY 10010 Dave Barger Director 2.00 0.00 X 0 0 0 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 Susan Tysk-Cosgrove Director 2.00 0.00 X 0 0 0 John McHale Dir. Fin.& Adm. 40.00 0.00 X 97999 0 15974 David Weiner President 40.00 0.00 X 147088 0 24662 Joanna Cannon COO 40.00 0.00 X 57076 0 8116 Gayle Villani VP 40.00 0.00 X 135426 0 23336 Denise Nelson VP 40.00 0.00 X 150602 0 8160 Sara Clough Sr Dir Mktg (Fmr) 40.00 0.00 X 103626 0 13759 691817 94007 4 false true false 0 1573234 2037974 3611208 0 42761 42761 0 0 0 751160 749517 1643 1643 1643 177212 1573234 177212 0 0 0 0 3655612 44404 0 0 0 0 249446 149668 49889 49889 0 1952230 1424570 187719 339941 0 52549 37574 5671 9304 468953 335309 50611 83033 0 0 0 0 0 0 16000 16000 0 0 0 0 314919 223592 28343 62984 36757 5950 21889 8918 0 0 0 0 70480 50041 6343 14096 36904 26202 3321 7381 Consulting 406358 257308 30649 118401 Indirect special event expense 87747 87747 Postage and Shipping 78501 55736 7065 15700 Miscellaneous 49587 3284 45377 926 90583 22680 62171 5732 3911014 2591914 515048 804052 X 84463 192459 0 1095561 1334786 0 0 0 0 0 25932 5807 1278686 1111151 233575 167535 1936848 1397306 0 0 0 42971 42971 3419350 3140864 176443 212069 52309 31609 2500 2500 154000 122011 385252 368189 X 2402456 2168800 631642 603875 3034098 2772675 3419350 3140864 -255402 -6021 X false true X true false X 3637598 3441294 231413 2985192 3611208 13906705 0 0 3637598 3441294 231413 2985192 3611208 13906705 2500731 11405974 90380 96398 20495 66619 42761 316653 0 0 14223358 116812 0.80190 0.79080 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 437348 154321 687017 673803 13214 167535 Deferred Rent 122011 122011 X 3697154 -6021 47563 41542 3655612 3655612 3958577 47563 47563 3911014 3911014 Part X : FIN48 Footnote Pencil does not believe its financial statements include any material, uncertain tax positions. Tax filings for periods ending June 30, 2012 and later are subject to examination by applicable taxing authorities. false Annual Gala 1750446 1573234 177212 177212 1750446 1573234 177212 177212 177212 X X false false false false false false false false false false David Weiner President 147088 24662 171750 Denise Nelson VP 150602 8160 158762 Gayle Villani VP 135426 23336 158762 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.