EIN 22-3384302

Pencil

IRS 501(c) type
501(c)(3)
Num. employees
6
Year formed
1995
Most recent tax filings
2022-12-01
NTEE code, primary
Description
PENCIL is the leader in creating innovative and impactful models of collaboration between the business and education communities.
Total revenues
$3,104,926
2022
Total expenses
$3,012,979
2022
Total assets
$2,677,959
2022
Num. employees
6
2022

Program areas at Pencil

In 2022, Pencil connected 7,400 nyc students to 1,286 volunteers and mentors from 185 business. Pencil began its transition back to in person programs as the effects of the pandemic started to settle in march 2022.pencil's partnership program served 1,561 students across 45 new york city public schools by leveraging the talents and resources of nyc's business community to improve students' college and career readiness. These partnerships were supported by 647 volunteers from 33 companies. 88% of students saw improvement in one or more of Pencil's keys to success. Analysis of session feedback showed:(continued on schedule o)1) 91% of students agree that Pencil connected them with professionals whom they would not meetotherwise.2) 95% of students agree that Pencil helped them develop the skills essential for their growth andsuccess.3) 88% of students agree that Pencil connected them to opportunities and experiences they didn'tknow about before. Pencil once again hosted in-person and virtual principal for a day visits! Principal for a day is an immersivevisit to a nyc public school where executives learn about what it takes to lead a school directly from principals as well as visit with students to offer insight into their career trajectory and opportunities that exist within their industry. 136 executives connected with 134 schools supporting an estimated 337 teachers and 4,362 students. Over the summer, Pencil placed 788 students in internship and other paid work-based experiences. Pencil placed 627 students in six-week remote or in-person internships at nearly 200 businesses across new york city. Pencil provided 161 additional students with virtual paid work-based experiences through two programs (career explorers and technyc). An additional 598 students also received college and career training through Pencil's programs. In total, participants received over $1,800,000 in wages. Business mentors and student interns also report that the internship program had a positive impact on participants' communication skills, networking skills, professional skills, and their career awareness.

Who funds Pencil

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Pinkerton FoundationCareer Readiness$175,000
Carnegie Corporation of New YorkFor General Support$110,000
The Ayco Charitable FoundationCommunity & Human Services$63,500
...and 24 more grants received totalling $875,664

Personnel at Pencil

NameTitleCompensation
Gregg BetheilChief Executive Officer$236,620
Jessica BynoePresident$200,096
Marilyn FogartyVice President of Finance and Administration$97,819
Christopher B HaywardChair$0
E Scott BeattieTreasurer$0
...and 6 more key personnel

Financials for Pencil

RevenuesFYE 12/2022
Total grants, contributions, etc.$3,095,777
Program services$0
Investment income and dividends$5,236
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$3,913
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,104,926

Form 990s for Pencil

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-18990View PDF
2021-122022-05-12990View PDF
2020-122021-05-21990View PDF
2019-122020-08-10990View PDF
2018-122019-06-19990View PDF
...and 9 more Form 990s
Data update history
December 3, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 2, 2023
Updated personnel
Identified 3 new personnel
November 27, 2023
Used new vendors
Identified 1 new vendor, including
October 26, 2023
Received grants
Identified 5 new grant, including a grant for $110,000 from Carnegie Corporation of New York
August 13, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Social advocacy organizationsSchoolsEducational service providersCharities
Issues
EducationCommunity improvement
Characteristics
Fundraising eventsReceives government fundingCommunity engagement / volunteeringTax deductible donations
General information
Address
30 W 26th St 5th Floor
New York, NY 10010
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
pencil.org/ 
Phone
(646) 638-0565
Facebook page
PENCIL.org 
Twitter profile
@pencilorg 
IRS details
EIN
22-3384302
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1995
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B90: Educational Services
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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