2014-01-13T10:25:42-08:00 2013-06-30 SCHALL & ASHENFARB CPAS 307 5th Ave 15th Floor NEW YORK NY 100166517 990 2012-07-01 223384302 Pencil Inc PENC 6466380565 30 West 26th Street 5th Floor New York NY 10010 Michael Haberman 2014-01-13 true David C Ashenfarb P00535436 2122682800 2012 2015-11-30 17:44:51Z Michael Haberman 30 W 26th St 5th Fl New York NY 10010 4366285 false false X www.pencil.org X 1995 NY PENCIL creates innovative and impactful models of ongoing collaboration between business and public schools to improve school and student performance. 21 21 75 500 0 3637598 3441294 31326 61486 63157 100621 0 3732081 3603401 0 0 2273706 2550836 0 626596 1217702 1069290 3491408 3620126 240673 -16725 5271869 5347896 322796 311737 4949073 5036159 PENCIL creates innovative and impactful models of ongoing collaboration between business and public schools to improve school and student performance. false false 2605875 In New York City, PENCIL's model forges individual relationships betweeen business and school leaders that leverage their collective talent and skills, empowering them to create positive change by working at the intersection of school need and business expertise. Working in areas that are proven levers for improving school and student performance, our partners foster stronger school leadership and cultures, engage families in their school communities, and prepare students for college and career success. We provide customized, comprehensive support to our partnerships with clear goals and expectations and measured outcomes, to ensure they achieve significant impact. In the area of College & Career Readiness, we work with grades K-12 to build awareness, foster planning, and help students gain the foundational skills they need for their futures. At the high school level, the PENCIL Fellows Program provides students with comprehensive career readiness training and tangible work experience through six-week , paid summer internships at top New York City businesses. Based on our experiences working in individual schools, we build on our Partners' solutions and successes, and develop best practices and flexible models that can be replicated and adapted in schools across the country. AccomplishmentsLast year, 9 of 10 principals engaged in our program say their PENCIL Partnership helped improve school culture and/or student performance. 83% of Principals reported that their Business Partners provided skills or supports not accessible through the DOE.Nearly all PENCIL Fellows reported The Fellows Program gave me the training and assistance I needed to develop specific job skills. 9 out of 10 Fellows say PENCILs career readiness program increased their understanding of the importance of schooling in helping them acheive their goals. 2605875 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 true false false false false false false false false false false false false true 4 0 true 75 true false false false false false false false false 0 false false false false false false false false false false X 21 21 false false false false false false false true true false false true true true true true true true true false NY X X Michael Haberman 6466380565 30 West 26th Street 5th Floor New York NY 10010 Lisa Belzberg 2.00 0.00 X 0 0 0 Elliott Wahle 2.00 0.00 X 0 0 0 Stephen J Meringoff 2.00 0.00 X 0 0 0 E Scott Beattie 2.00 0.00 X 0 0 0 Elba Montalvo 2.00 0.00 X 0 0 0 Karen Proctor 2.00 0.00 X 0 0 0 Bill McCracken 2.00 0.00 X 0 0 0 Sandra E Lerner 2.00 0.00 X 0 0 0 Lew Leone 2.00 0.00 X 0 0 0 Lewis Warren Jr 2.00 0.00 X 0 0 0 Norma Kamali 2.00 0.00 X 0 0 0 Christopher B Hayward 2.00 0.00 X X 0 0 0 Mitchell M Roschelle 2.00 0.00 X 0 0 0 Maurice DuBois 2.00 0.00 X 0 0 0 Howard Chatzinoff 2.00 0.00 X 0 0 0 Sharon Y Bowen 2.00 0.00 X X 0 0 0 Frank J Bisignano 2.00 0.00 X 0 0 0 Ken Clinchy 2.00 0.00 X 0 0 0 Charles R Bendit 2.00 0.00 X X 0 0 0 Matthew Higgins 2.00 0.00 X 0 0 0 Dave Barger 2.00 0.00 X X 0 0 0 Michael Haberman 40.00 0.00 X 222850 0 20003 Denise Nelson 40.00 0.00 X 132496 0 6942 Gayle Villani 40.00 0.00 X 122798 0 20003 478144 46948 3 false true false 0 1448506 1992788 3441294 Fee Income 61486 61486 61486 96398 96398 0 0 0 542562 538339 4223 4223 4223 224545 1448506 224545 0 0 0 0 3603401 61486 100621 0 0 0 0 234000 140400 46800 46800 0 1844656 1425007 154203 265446 0 465319 350425 44996 69898 6861 5167 663 1031 0 0 0 0 0 0 0 0 77055 60874 4623 11558 0 0 311382 245992 18683 46707 0 92043 66876 22660 2507 0 0 0 113340 89539 6800 17001 13382 10572 803 2007 Program supplies & material 18569 18569 Bank Charges and Admin Fees 30848 30848 Special Event Expense 134059 25666 108393 Consulting 207388 139737 18927 48724 71224 27051 37649 6524 3620126 2605875 387655 626596 X 287365 65350 0 1131569 2006453 0 0 0 0 0 36173 8636 1257751 925030 441561 332721 3332230 2891765 0 0 0 42971 42971 5271869 5347896 64808 75631 257988 236106 322796 311737 X 4071474 3881060 877599 1155099 4949073 5036159 5271869 5347896 -16725 103811 X false true X true false X 2065116 2666850 2544261 3637598 3441294 14355119 0 0 2065116 2666850 2544261 3637598 3441294 14355119 1899229 12455890 60802 54781 76791 90380 96398 379152 0 0 14734271 265780 0.84540 0.80170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 586119 316089 270030 671632 608941 62691 332721 Deferred rent 186247 Advances 49859 236106 X 4317289 103811 610077 713888 3603401 3603401 4230203 610077 610077 3620126 3620126 Part X Part X : FIN48 Footnote PENCIL does not believe its financial statements include any material, uncertain tax positions. Tax filings for periods ending June 30, 2010 and later are subject to examination by applicable taxing authorities. false Annual Gala 1673051 1448506 224545 224545 1673051 1448506 224545 224545 224545 X X X false false false false false false false false false false Michael Haberman 222850 20003 242853 Meringoff Properties Inc Board director 257270 Lease for office space false Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Organizational documents are made available upon request. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Each year, the executive 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. Form 990, Part VI, Line 12c 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 11b 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.