PENCIL INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- PENCIL INC (EIN 22-3384302)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-01-14
- IRS object ID
- 201300149349300905
- Schema version
- 2011v1.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-01-14T10:48:42-08:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCHALL & ASHENFARB CPAS | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 5TH AVE STE 5610 | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 101180110 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223384302 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Pencil Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PENC | NameControl |
| Phone | 6466380565 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 West 26th Street 5th Floor | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10010 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Michael Haberman | Name |
| Title | President | Title |
| Date Signed | 2013-01-14 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | David C Ashenfarb | Name |
| Phone | 2122682800 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Michael Haberman | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 W 26th St 5th Fl | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10010 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 5531944 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| All Affiliates Included | false | AllAffiliatesIncluded |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.pencil.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1995 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | PENCIL inspires innovation and improves student achievement by partnering business leaders with public schools. Our programs share a common premise: by bringing together the best ideas, talent and resources across sectors, we can create real change in our schools. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 23 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 23 | NbrIndependentVotingMembers |
| Total Nbr Employees | 50 | TotalNbrEmployees |
| Total Nbr Volunteers | 500 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 2544261 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3637598 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 60700 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 31326 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 76791 | InvestmentIncomePriorYear |
| Investment Income Current Year | 63157 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 2681752 | TotalRevenuePriorYear |
| Total Revenue Current Year | 3732081 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1784271 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2273706 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 567990 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1058586 | OtherExpensePriorYear |
| Other Expenses Current Year | 1217702 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 2842857 | TotalExpensesPriorYear |
| Total Expenses Current Year | 3491408 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -161105 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 240673 | RevenuesLessExpensesCY |
| Total Assets BOY | 5020063 | TotalAssetsBOY |
| Total Assets EOY | 5271869 | TotalAssetsEOY |
| Total Liabilities BOY | 324986 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 322796 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 4695077 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 4949073 | NetAssetsOrFundBalancesEOY |
| Mission Description | PENCIL inspires innovation and improves student achievement by partnering business leaders with public schools. Our programs share a common premise: by bringing together the best ideas, talent and resources across sectors, we can create real change in our schools. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 2502193 | Expense |
| Description | The PENCIL Partnership Program matches business leaders with public school principals based on their backgrounds, interests, needs, and goals. Partners are then empowered and supported to develop strategic solutions to address challenges and transform their schools. PENCIL currently facilitates several affiliate Partnership Programs nationwide and is committed to expanding its program model to cities with a demonstrated need and interest. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | The PENCIL Fellows Program provides promising public high school students with the dynamic experiential learning experience they need to succeed in the workplace through career readiness training and a paid summer internship. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PENCIL pioneered the idea of improving student achievement by developing and supporting long-term partnerships between businesses and public schools. By leveraging the combined passion, talent, and skills of New York City's businesses and schools, PENCIL's Partnership and Fellows Programs are impacting student achievement and building a stronger future for our City:- 93% of PENCIL Principals say their Partnership helped to improve their school - Four out of five Principals find that their business partner's leadership skills have helped them meet school needs - 88% of PENCIL Fellows are on course to graduate on time, exceeding the 73% graduation rate across participating schoolsIn school year 2011-12- 220,000 + students impacted by a PENCIL Partnership- 400 NYC PENCIL Partnerships- Affiliate PENCIL Programs/Partnerships in Baltimore, MD (13); Philadelphia, PA (6); and Rochester, NY (47)- 109 paid student internships | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 2502193 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | true | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 7 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 50 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Form990-T Filed | false | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Form8886 T Filed | false | Form8886TFiled |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Non Deductible Disclosure | false | NonDeductibleDisclosure |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Quid Pro Quo Disclosure | false | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 0 | NumberOf8282Filed |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | false | Form8899Filed |
| Form1098 C Filed | false | Form1098CFiled |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Filed Lieu1041 | false | FiledLieu1041 |
| Licensed More Than One State | false | LicensedMoreThanOneState |
| Indoor Tanning Services | false | IndoorTanningServices |
| Form720 Filed | false | Form720Filed |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 23 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 23 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Policies Reference Chapters | false | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Written Policy Or Procedure | false | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Michael Haberman | NamePerson |
| Telephone Number | 6466380565 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 West 26th Street 5th Floor | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10010 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (26 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| Lisa Belzberg | |||||||
| Chair Emeritus | 2.00 | X | 0 | 0 | 0 | ||
| Elliott Wahle | |||||||
| Director | 2.00 | X | 0 | 0 | 0 | ||
| Stephen J Meringoff | |||||||
| Director | 2.00 | X | 0 | 0 | 0 | ||
| E Scott Beattie | |||||||
| Director | 2.00 | X | 0 | 0 | 0 | ||
| Elba Montalvo | |||||||
| Director | 2.00 | X | 0 | 0 | 0 | ||
| Karen Proctor | |||||||
| Director | 2.00 | X | 0 | 0 | 0 | ||
| Bill McCracken | |||||||
| Director | 2.00 | X | 0 | 0 | 0 | ||
| Sandra E Lerner | |||||||
| Director | 2.00 | X | 0 | 0 | 0 | ||
| Lew Leone | |||||||
| Director | 2.00 | X | 0 | 0 | 0 | ||
| Lewis Warren Jr | |||||||
| Director | 2.00 | X | 0 | 0 | 0 | ||
| Norma Kamali | |||||||
| Director | 2.00 | X | 0 | 0 | 0 | ||
| Christopher B Hayward | |||||||
| Treasurer | 2.00 | X | 0 | 0 | 0 | X | |
| Patsy Glazer | |||||||
| Secretary | 2.00 | X | 0 | 0 | 0 | X | |
| Maurice DuBois | |||||||
| Director | 2.00 | X | 0 | 0 | 0 | ||
| Howard Chatzinoff | |||||||
| VIce Chairman | 2.00 | X | 0 | 0 | 0 | X | |
| Michael J Christenson | |||||||
| Director | 2.00 | X | 0 | 0 | 0 | ||
| Sharon Y Bowen | |||||||
| Director | 2.00 | X | 0 | 0 | 0 | ||
| Ken Clinchy | |||||||
| Director | 2.00 | X | 0 | 0 | 0 | ||
| Frank J Bisignano | |||||||
| Director | 2.00 | X | 0 | 0 | 0 | ||
| John Benevento | |||||||
| Director | 2.00 | X | 0 | 0 | 0 | ||
| Charles R Bendit | |||||||
| Vice Chairman | 2.00 | X | 0 | 0 | 0 | X | |
| Matthew Higgins | |||||||
| Director | 2.00 | X | 0 | 0 | 0 | ||
| Dave Barger | |||||||
| Chairman | 2.00 | X | 0 | 0 | 0 | X | |
| Michael Haberman | |||||||
| President | 40.00 | 213327 | 0 | 18341 | X | ||
| Denise Nelson | |||||||
| VP, Resource Dev | 40.00 | 113668 | 0 | 6364 | X | ||
| Gayle Villani | |||||||
| VP, Programs | 40.00 | 121940 | 0 | 18341 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 448935 | TotalReportableCompFromOrg |
| Total Other Compensation | 43046 | TotalOtherCompensation |
| Number Individuals GT100 K | 3 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 1397069 | FundraisingEvents |
| All Other Contributions | 2240529 | AllOtherContributions |
| Total Contributions | 3637598 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Fee Income | Description |
| Total Revenue Column | 31326 | TotalRevenueColumn |
| Related Or Exempt Function Income | 31326 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 31326 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 90380 | TotalRevenueColumn |
| Exclusion | $90,380 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1500563 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1527786 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -27223 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -27223 | TotalRevenueColumn |
| Exclusion | -$27,223 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 272077 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 1397069 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 272077 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3732081 | TotalRevenueColumn |
| Related Or Exempt Function Income | 31326 | RelatedOrExemptFunctionIncome |
| Exclusion | $63,157 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 243341 | Total |
| Program Services | 148572 | ProgramServices |
| Management And General | 47018 | ManagementAndGeneral |
| Fundraising | 47751 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1624678 | Total |
| Program Services | 1233762 | ProgramServices |
| Management And General | 158464 | ManagementAndGeneral |
| Fundraising | 232452 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 398815 | Total |
| Program Services | 295124 | ProgramServices |
| Management And General | 43869 | ManagementAndGeneral |
| Fundraising | 59822 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6872 | Total |
| Program Services | 5085 | ProgramServices |
| Management And General | 756 | ManagementAndGeneral |
| Fundraising | 1031 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 84543 | Total |
| Program Services | 65944 | ProgramServices |
| Management And General | 7608 | ManagementAndGeneral |
| Fundraising | 10991 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 303018 | Total |
| Program Services | 236009 | ProgramServices |
| Management And General | 27674 | ManagementAndGeneral |
| Fundraising | 39335 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 117890 | Total |
| Program Services | 85725 | ProgramServices |
| Management And General | 31245 | ManagementAndGeneral |
| Fundraising | 920 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 159515 | Total |
| Program Services | 124422 | ProgramServices |
| Management And General | 14356 | ManagementAndGeneral |
| Fundraising | 20737 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14934 | Total |
| Program Services | 11649 | ProgramServices |
| Management And General | 1344 | ManagementAndGeneral |
| Fundraising | 1941 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Telephone | 21758 | 16971 | 1958 | 2829 |
| Bank Charges and Admin Fees | 39919 | 39919 | ||
| Special Event Expense | 138130 | 27098 | 111032 | |
| Consulting | 269526 | 210230 | 24258 | 35038 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 68469 | Total |
| Program Services | 41602 | ProgramServices |
| Management And General | 22756 | ManagementAndGeneral |
| Fundraising | 4111 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3491408 | Total |
| Program Services | 2502193 | ProgramServices |
| Management And General | 421225 | ManagementAndGeneral |
| Fundraising | 567990 | Fundraising |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Joint Costs | X | JointCosts |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 277966 | BOY |
| EOY | 287365 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 161069 | BOY |
| EOY | 1131569 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21626 | BOY |
| EOY | 36173 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1253251 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 811690 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 514945 | BOY |
| EOY | 441561 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4001486 | BOY |
| EOY | 3332230 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42971 | BOY |
| EOY | 42971 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5020063 | BOY |
| EOY | 5271869 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41134 | BOY |
| EOY | 64808 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 283852 | BOY |
| EOY | 257988 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 324986 | BOY |
| EOY | 322796 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4613652 | BOY |
| EOY | 4071474 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 81425 | BOY |
| EOY | 877599 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4695077 | BOY |
| EOY | 4949073 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5020063 | BOY |
| EOY | 5271869 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 240673 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 13323 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
| Federal Grant Audit Performed | false | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3195126 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2065116 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2666850 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2544261 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3637598 | CurrentTaxYear |
| Total | 14108951 | Total |
Tax Rev Levied For Org Benefit170 TaxRevLeviedForOrgBenefit170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3195126 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2065116 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2666850 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2544261 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3637598 | CurrentTaxYear |
| Total | 14108951 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 2510618 | AmountsSubstContributorsTotal |
| Public Support Total170 | 11598333 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 74624 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 60802 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 54781 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 76791 | CurrentTaxYearMinus1Year |
| Current Tax Year | 90380 | CurrentTaxYear |
| Total | 357378 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 14466329 | TotalSupport |
| Gross Receipts From Admissions Etc | 204294 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.80170 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.86480 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 586119 | InvestmentCostOrOtherBasis |
| Depreciation | 262768 | Depreciation |
| Book Value | 323351 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 667132 | InvestmentCostOrOtherBasis |
| Depreciation | 548922 | Depreciation |
| Book Value | 118210 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 441561 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Deferred rent | $206,146 |
| Advances | $51,842 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 257988 | TotalOfAmounts |
| Total Revenue | 3732081 | TotalRevenue |
| Total Expenses | 3491408 | TotalExpenses |
| Excess Or Deficit For Year | 240673 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 13323 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 13323 | TotalAdjustments |
| Excess Or Deficit Per FS | 253996 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 5717986 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 13323 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 1972582 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 1985905 | RevenueNotRptdF990 |
| Revenue Subtotal | 3732081 | RevenueSubtotal |
| Total Revenue Per Form990 | 3732081 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 5463990 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 1972582 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 1972582 | ExpensesNotRptdF990 |
| Expenses Subtotal | 3491408 | ExpensesSubtotal |
| Total Expenses Per Form990 | 3491408 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part X | Identifier |
| Return Reference | Part X : FIN48 Footnote | ReturnReference |
| Explanation | Pencil, Inc. has adopted the provisions of FASB ASC 740, Income Taxes, which applies to positions taken or expected to be taken in a tax return. Organizations are required to recognize the effects of tax positions if they are more likely than not of being sustained. Pencil, Inc. does not believe its financial statements include any uncertain tax positions. | Explanation |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agreement Ref Fundraising | false | AgreementRefFundraising |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Annual Gala | NameOfEvent1 |
| Gross Receipts Event1 | 1669146 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 1397069 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 272077 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 272077 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 1669146 | GrossReceiptsTotal |
| Charitable Contributions Total | 1397069 | CharitableContributionsTotal |
| Gross Revenue Total Events | 272077 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 272077 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 272077 | DirectExpenseSummaryEvents |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
| Rebuttable Presumption Procedure | false | RebuttablePresumptionProcedure |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Michael Haberman | NamePerson |
| Base Compensation Filing Org | 213327 | BaseCompensationFilingOrg |
| Nontaxable Benefits Filing Org | 18341 | NontaxableBenefitsFilingOrg |
| Total Compensation Filing Org | 231668 | TotalCompensationFilingOrg |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Meringoff Properties Inc | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | Board director | Relationship |
| Amount Of Transaction | 275388 | AmountOfTransaction |
| Description Of Transaction | Lease for office space | DescriptionOfTransaction |
| Sharing Of Revenues | false | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| 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 11 | Form 990, Part VI, Line 11: 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. |
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