FORWARD: Advancing Opportunity for the Future Workforce 2021 ANNUAL REPORT
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A MESSAGE OF GRATITUDE “I am so #PYNproud of everything we achieved together this year. We did not let any obstacle deter us, and the results were better than the year before! That is what it means to be on the Road to Excellence together -- to improve consistently and produce results to achieve our mission.”
Dear Friends, We are grateful to all of our partners, investors, individuals, staff, and young people for joining us on this exciting journey. This year, PYN embraced the power to create the future of work through innovation and operational improvements. Like our partners, PYN has focused on flexibility, creativity, and responsiveness in this dynamically changing reality we all share. As technology advances and challenges to talent availability persist, we know that young adults are a viable source of untapped talent. PYN’s services will continue to serve as a bridge between the needs of employers and the expectations of the next generation of workers. We are applying the knowledge we have acquired to inform transformation in our work.
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We are embracing these changes and ushering in a new era of youth employment services. While we can’t predict the future, we will integrate policy, improve practice, and measure performance to ensure that the young people we serve are prepared for the workforce of the future. Together we have accomplished much success, and, through collaboration, we will accomplish much more! Your partnership and commitment have been pivotal, and will continue to be essential as we move forward. In Service, Chekemma Fulmore-Townsend President & CEO, Philadelphia Youth Network
Debra S. Friedman Board Chair, Philadelphia Youth Network
A MESSAGE OF GRATITUDE
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TRANSFORMING TALENT PREPARATION
4
THE FUTURE OF WORK
6
PARTICIPANT DEMOGRAPHICS
12
POWER OF PARTNERSHIP
13
INVESTORS & EMPLOYERS 13 INDIVIDUAL DONORS 14 PROGRAM PARTNERS 15 PYN LEADERSHIP 16 FINANCIALS 17
Table of
Contents Page 3
TRANSFORMING TALENT PREPARATION
The success of today builds a stronger pipeline for the workforce of the future. This year, young Philadelphians were provided opportunities to build skills, gain experiences, access mentors, network with peers, earn income, and prepare for their future. While our programs are unique, they are all connected and designed to help young people succeed in school, work, and life.
PYN PROGRAMS & PARTNERSHIPS OFFER THE OPPORTUNITY TO ENTER AND EXCEL IN THE WORKFORCE OF THE FUTURE.
13,000+
YOUNG PEOPLE HAD OPPORTUNITIES
PYN provides workforce experiences to young people, offering a variety of program formats to meet their diverse needs. Over 13,000 experiences were provided during the 2020-2021 program period.
1,400+
teens and young adults served in PYN Year-Round programs
OUR PROGRAMS PROVIDE MEANINGFUL, PAID WORK EXPERIENCES. Through WorkReady, E 3, the Opportunity Youth Relief Fund, and partner programming, PYN is able to connect young people to opportunities that fit their talents and needs. Of participants, 64% were unemployed prior to joining programming and 14% were never employed prior to joining programming!
unemployed
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never employed
employed
6,600+
young people participated in WorkReady Summer
94%
“WorkReady is a program that helps to identify your dreams, goals, and jobs for the future. WorkReady also helps to make new friends and make you more strong and confident in personality and life.”
of youth were satisfied or very satisfied with their WorkReady experiences
~WorkReady participant
YOUTH EARNED
“This program has helped me to recognize some of my strengths and weaknesses.”
~WorkReady participant
$5.5 MILLION PYN SERVICES PREPARE YOUNG PEOPLE FOR LIFELONG SUCCESS. PYN provides job readiness, financial and digital literacy, and early employment opportunities, which are pivotal to interrupting poverty and promoting equitable economic outcomes. This year, young people earned a vital income, generating revenue and adding value to the local economy.
720+
businesses served as worksites
160+
"PYN and the Summer WorkReady program help programs like ours be able to facilitate high-quality programming that allows Philadelphia youth the opportunities to expand their workforce development skills which provides a pathway to students' success after graduation."
~Naas Yancey, Project LYFT
programs operated
90+
program partners directly served youth
PYN HAS A DIVERSE NETWORK OF BUSINESS PARTNERS WHO OFFER A MYRIAD OF OPTIONS & EXPERIENCES. Through these partnerships, PYN and partners are able to offer a variety of program options, work environments, and experiences to young people.
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THE FUTURE OF WORK And How We’re Making it a Reality
To create a diverse, equitable, and inclusive workforce, PYN is committed to developing new pathways for young people, especially young people of color, who represent 91% of teens and young adults served in PYN programming. In just two short years we have experienced a substantial and dramatic change in the workforce and workplace norms. As the workforce continues to evolve, PYN has created services that are adaptive and dynamic. We have embraced the power of innovation, strategic risk-taking, and research-informed design to create more meaningful services that not only connect young people to education and employment, but introduce employers to their future talent.
Why youth employment matters U.S. data shows that nearly half of the youth workforce remains disconnected from work experiences, jeopardizing the potential and preparation of the future workforce. While youth unemployment remains high PYN programming is vitally important to providing opportunities. Unemployed 45.6%
Employed 54.4% youth unemployment According to the U.S. Bureau of Labor Statistics, July 2021
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THE FUTURE OF WORK REQUIRES CONNECTION All young people deserve the opportunity to realize their dreams and optimize their talent. PYN is committed to giving youth from disenfranchised communities a fairer chance at achieving their career goals. We are committed to addressing systemic gaps, promoting policy reform, and pursuing equity in the workforce.
EXPANDING OUR NETWORK TO INCLUDE NEW SERVICES AND NEW PARTNERS
INTEGRATING SUPPORT FOR BASIC NEEDS TO REMOVE BARRIERS TO PARTICIPATION
PYN is expanding our program partner network and connecting more young people to services that prepare them for the workforce as it evolves. To have the greatest impact, our network must grow and diversify with a variety of experiences that will match the growing range of talents, needs, and interests of young people.
We recognize that even well-intentioned policies can create unintended consequences for young people. Factors like transportation costs, health and safety concerns, or involvement in juvenile justice and foster care can often create barriers for young people. We also know young people benefit when support is readily available and easily accessible. We seek to secure more flexible funding to alleviate systemic barriers that threaten participation. Our goal is to ensure young people can access opportunities more readily by expanding our programming, using research and past experience to promote learning, defining best practices, and strengthening youth-serving policies.
OUR WORK IN ACTION As part of our commitment to expanding our partnerships, PYN added 10 new program partners to our network this year.
In order to reduce barriers to employment and educational opportunities this year, nearly 600 participants received direct funding through the Opportunity Youth Relief Fund for basic needs. The fund has provided
$130,000+ Since March 2020
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EMPOWERING YOUTH WITH SOCIAL CAPITAL, DIGITAL ACCESS AND FLUENCY, AS WELL AS FINANCIAL ACUMEN Today’s evolving workforce requires young people to understand the power of networking, personal brand management, civic engagement and the use of information and technology to further their career goals. Connection to adults, information, and internet access is a necessity for every young person. To support social capital, PYN programming emphasizes education and work experiences that build adult and peer relationships. These relationships are valuable and needed for young people to grow and learn.
To provide more young people with access to internet and support digital equity, PYN has partnered with Comcast as part of their Internet Essentials commitment. Access to internet and technology offers young people the opportunity to practice workforce skills in person or virtually. PYN has also partnered with financial institutions like Cities for Financial Empowerment, Bank of America, and Santander to ensure that young people are provided opportunities to practice financial literacy! This year, PYN and partners offered partner-specific training on how to provide youth-friendly banking products and financial literacy.
OUR WORK IN ACTION
SOCIAL CAPITAL Of youth surveyed, 14% cited adult relationships or other relationships as positive outcomes from their programmatic experiences.
WorkReady is a program that connects young people with job opportunities and professional skills training. It helps expose them to their local workforce and shows them how a specific organization/company functions. Participants will not only meet adults who want to assist them in accomplishing their goals, but also other youth in their area with similar goals.
~WorkReady participant
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DIGITAL ACCESS & FLUENCY In an effort to promote digital fluency, 93% of WorkReady Summer programs had a hybrid component this year, providing young people the opportunity to practice digital literacy skills during their work experiences. Fully virtual
7%
93%
FINANCIAL ACUMEN PYN coordinated financial literacy partnerships and trainings, resulting in many young people attending sessions to learn about banking, direct deposit, and how to manage their finances. We also offered a pilot group of young people the opportunity to enroll in direct deposit.
THE FUTURE OF WORK DEMANDS INNOVATION In order to meet the current and future demands of the workforce, while also ensuring that young people and their families are equipped to navigate the new realities of work, PYN will continue to build support options that are diverse, innovative, and responsive. PYN is dedicated to creating an ecosystem of programs that are preparing the next generation of talent. PYN works with providers, employers, and young people to optimize our programming, create innovative supports for our partners, and train our partners to be truly constituentdriven.
DEVELOPING TOOLS AND RESOURCES TO BETTER SERVE YOUNG PEOPLE PYN integrated new tools like the Customer Service Support Center, Program Locator Tool, video tutorials, and social media to provide direct support to young people.
STREAMLINING ACCESS POINTS FOR ALL STAKEHOLDERS There are many forms of support that can benefit young Philadelphians, but historically, there has not been one central source for information. PYN joined the Unite Pennsylvania Network to change this reality. This network provides a better way to refer young people to programs quickly.
“Our network launch in Pennsylvania has been a much-anticipated event and we are thrilled to launch in the Greater Philadelphia region. The Unite Us end-to-end solution is helping people in over 42 states around the country get connected to the care and services they need in a more effective and efficient manner. In Pennsylvania, we know it will be a useful solution for our network providers by enabling them to improve their workflows and thus, better meet the needs of the people they serve.”
~ Kathryn Murdock, Northeast Regional Network Director, Unite Us
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ENGAGING WITH BUSINESSES TO CLOSE THE GAP BETWEEN THE NEEDS AND THE RESULTS
SUPPORTING PROFESSIONAL DEVELOPMENT FOR OUR PARTNERS
We leverage a dual-client approach to ensure that our partners are tailoring services to the needs of young people, and that young people are given professional development opportunities to build the knowledge, skills, and abilities that will help them succeed in the future workforce.
To support young peoples’ growing needs, PYN is expanding service capacity by supporting professional development for employers and training providers. We offer training sessions, and our Virtual Internship Toolkit helps partners to create and deliver effective, high-quality virtual work options.
Both the needs and options young people have are evolving. Young people are increasingly opting for virtual and hybrid workplaces or creating their own brand and business. PYN is working to balance this reality with our programming, while also preparing our partners to efficiently train our young people.
While in-person experiences have been impacted adversely by COVID-19, technology offers a way to mitigate the impact for young people and connect them to meaningful work experiences, without having to worry about barriers associated with location, travel, or conflicting schedules.
OUR WORK IN ACTION OUR PARTNERS AT JPMORGAN CHASE WANTED TO SERVE MORE OPPORTUNITY YOUTH IN PHILADELPHIA To begin this process, PYN partnered with Grads of Life to provide in-depth analysis of employers’ inclusive practices and talent needs. The research found Philadelphia has a high level of young people who are between the ages of 16 to 24 years old and are disconnected from school and work (“Opportunity Youth”). Approximately 23% of Philadelphia’s education attainment is between “some college and associates”, making those individuals a good match for middle-skill roles. PYN created the Skilled Career Pathways for Young Talent Initiative to connect talented young people to growth opportunities and jobs with livable wages in healthcare and tech. The initiative also helps promote diversity in hiring, strengthen workforce preparation, enhance partner training, and aims to place 100 Opportunity Youth in tech and healthcare careers by the end of 2022.
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THE FUTURE OF WORK WILL BE INFORMED BY RESEARCH & POLICY Research studies inform our work and the work of the greater youth employment field. The results of qualitative and quantitative studies augment PYN’s work and inform our approach or response to policies that affect our work.
DOCUMENTING PROMISING PRACTICES TO PROMOTE LEARNING AND INSIGHT We cannot move forward without acknowledging the work of the past – including what has worked, and how we can implement best practices for the future. During the past year, PYN has chartered multiple research studies to understand how successful our work is, how our work plays into the
greater system of youth employment and workforce development, and how we can better inform our stakeholders about the needs and resources that will enable us to continue our work. Additionally, the organization has penned publications reflecting on our own work and best practices.
OUR WORK IN ACTION DIGITIZING YOUTH APPLICATION & ENROLLMENT
FINANCIAL LITERACY & DIRECT DEPOSIT OFFERINGS
With the effects of the pandemic still in play and the world of work forever changed, PYN reviewed research about emerging workforce practices to shift application and enrollment fully online. This shift met young people where they were and modeled digital literacy skills.
Last year, participant data showed that nearly 60% of participants used banking access. To increase this number, PYN programming now includes financial literacy education and direct deposit enrollment options.
For more information about PYN’s research and reports, please visit www.pyninc.org/reports-research. Page 11
PARTICIPANT DEMOGRAPHICS Our participants come from across the City of Philadelphia, span multiple age groups, and represent various races and ethnicities. We are proud to serve such diverse young people!
Race
Zip Code Unknown or not reported
Ethnicity Gender Identity
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Hispanic or Latino
Non Hispanic or Latino
Age
POWER OF PARTNERSHIP PYN believes in the power of partnership. We are grateful to work alongside organizations and individuals who champion this work and we recognize their contributions to supporting Philadelphia’s young people.
Our work would not be possible without the support and collaboration of our many partners.
2020 - 2021 INVESTORS & EMPLOYERS $250,000+
Office of Children and Families Office of Community Empowerment and Opportunity
Otto Haas Charitable Trust
$100,000 - $249,999 • • •
Detroit Employment Solutions The Forum for Community Solutions at the Aspen Institute JMB Charitable Trust
• •
Santander Bank United Way of Greater Philadelphia and Southern New Jersey
$50,000 - $99,999 • • •
Citizens Bank Hilco Redevelopment Partners Patricia Kind Family Foundation
• •
Philadelphia Foundation Wells Fargo
$10,000 - $49,999 • • • • • • • • •
Caroline Alexander Buck Foundation CHUBB Cities for Financial Empowerment Deloitte LLP Drexel University H. Chase Lenfest Independence Blue Cross Jefferson Jobs for the Future
• • • • • • • •
JPMorgan Chase Lincoln Financial Foundation M&T Bank PECO Energy Company Philadelphia Eagles Social Justice Fund Philadelphia Gas Works Satell Institute Truist Page 13
Up to $9,999 • • •
Accenture AmazonSmile Foundation Ampersand Health Management, LLC Archie D. & Bertha H. Walker Foundation Barra Foundation Bergen County’s United Way Blank Rome Bradley & Bradley Associates Bright Funds Bristol-Myers Squibb Foundation British American Business Council of Greater Philadelphia
• • • • • • • •
• • • • • • • • • • • • • • •
Charities Aid Foundation of • America • Community College of Philadelphia • CVS Health • ESDI • Elegant Events • Fidelity Charitable Gift of Life • Lutron Electronics Main Line Health • Morgan Lewis • Morgan Properties Network for Good • Peacock TV • PeopleShare • Penn Treaty Special Services District
Pennoni Associates Inc. Philadelphia Council AFLCIO Rittenhouse Foundation Schwab Charitable Stoneleigh Foundation The Chamber of Commerce of Greater Philadelphia The Children’s Hospital of Philadelphia The WAWA Foundation United Way of Greater Atlanta Univest Corporation Vanguard Group The William M. King Foundation
INDIVIDUAL DONORS Reginald Amoa Debra Asay Zane Andrews Pete Barbieri Jeffrey Brown Abbie Burke Arthur Bushkin Rich Calhoun Chris Callas Melissa Cameron Tiffany Courtney Canady Karen Cassell John Clayton Nicole Connell Valerie Cooper Cheryl Croce - Cantafio Patricia Davenport Jake Dawson Michael Delfiner Jim Dever Doris Dixon Christina Downing Reena Driggs Dugan Dawne Ehrler Harold Epps Marsha Epstein Farrah Farnese Holly Farnese Michael Ferrier Sally Flynn Diesha Fowlkes - Price
Debra Friedman Chekemma Fulmore Townsend Fateama Fulmore Veronica Fulmore Delores Garloff Stephanie Gambone Latia Gatling Cheyl Gill Jo Giovanna Gwen Ann Glattes Carla Grasso Michael Harmeson Andrea Holland Andre Howard Xzavier Howard Tracee Hunt Maia Jachimowicz Christine Jenkinson Delores Jewelle Kevin Johnson Robin Karakousis Andy Kociuba Gerald Kosmin Lisa Kourbeh Cheryl Kyler Marci Leveillee Jared Levin Amy Levine Debra Lipenta Michael Jane Isaacs Lowe Nasir Mack
Jere Mahaffey Steven Mahaffey Cherego Maria Lisa Mathewson Meghan McGovern Laura Kind McKenna Michael McKeown Ingrid McPhee Kate McShane Kia Medley - Stephens Gloria Miranda Sharon Mobley Cozette Morstein Deborah Moses - Elton Angela Moultrie Neelesh Mull Karima Myles Kim Newell Alain Nguyen Cherie Nichols Tiana Nichols Kelly Nye Douglas Oliver Nicholas Olmo Melissa OrnerBeverly Prohaska Kelly Quigley Charles Rainwater James Redmond Richard Reeves Bruce Rubin Richard Reeves
Bruce Rubin Tess Scannel Susan Schnepf Robert Schwartz Tamsen Sharpless Jane Shore Wayne Siefert Kelli Nicole Sparrow Mickens Jay Spector Nicolas Sracic Mike Stanziola Joshua Tabler Judy Tecosky Zet Tex Alem Thomas Rita Toliver Roberts Lacey Toyling John Tyler Betty Vilsaint Rita Viviani Imperato David Walters Marjie Wasserman Robert Weaver II JoAnn Weinberger Michelle Weinberger Hayward West Mollie Wichtel Victoria Wiesmeth Julie Yindra
In particular, we are grateful for The Summer Youth Employment Cabinet’s help to raise more than $16M in funding this year, allowing PYN to make more than 13,000 opportunities available to Philadelphia’s young people.
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WORKREADY, E3, AND OUT-OF-SCHOOL TIME PROGRAM PARTNERS 2020 - 2021 • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •
Allegheny West Foundation Asian Americans United Asociacion de Puertorriquenos en Marcha, Inc* ASPIRA, Inc. of Pennsylvania Bebashi - Transition to Hope* Boost Community Development Corporation* Boys & Girls Club* Caring People Alliance* Catholic Social Services* Coded by Kids Community College of Philadelphia Community Education Alliance of West Philadelphia Community Integrated Services Congreso de Latinos Unidos Inc.*+ Cora Services Corinthian Community Center/JAAMA Empowerment Program Council of Spanish Speaking Organizations (Concilio) De La Salle Vocational School Diversified Community Services* Eckerd Connects+ Education Plus Health EducationWorks Educators 4 Education Episcopal Community Services Federation of Neighborhood Centers Foundations, Inc. Free Library of Philadelphia Foundation Girls Inc. of Greater Philadelphia & Southern New Jersey Gold Medal Karate Inc. Greater Philadelphia YMCA
•
•
• • • • • • • • •
• • • • •
• • • • • •
Greater Philadelphia YMCA Community School George Washington High School* Greater Philadelphia YMCA Community School Kensington Health Sciences Academy* Guiding Stars An Anthony C. Richardson Lee Foundation Harcum College Upward Bound Health Promotion Council Independence Seaport Museum Indochinese American Council Jewish Employment & Vocational Services (JEVS)+ LNESC Lutheran Settlement House Management and Environment Technologies, Inc. (MET) New Foundations Charter School Norris Square Neighborhood Project* Office of Community Empowerment & Opportunity One Bright Ray Opportunities Industrialization Centers of America, Inc. Opportunity Network Pathway Forward Pennsylvania School for the Deaf People for People, Inc. Philadelphia Academies Inc. Philadelphia Chinatown Development Corporation*
•
• • •
• • • • • • • • • • • • • • • • • • •
Philadelphia Community Empowerment Through Soccer dba Kensington Soccer Club Philadelphia Education Fund Philadelphia Energy Authority Philadelphia Hospital & Health Care District 1199C Training & Upgrading Fund* Philadelphia Juvenile Justice Service Center (PJC) Philadelphia Mural Arts Program Philadelphia OIC Workforce Academy Philadelphia Parks & Recreation Philadelphia Technician Training Institute Project Based Learning INC Project HOME* Public Health Management Corporation+ Resources for Human Development Sankofa Freedom Academy Charter School School District of Philadelphia CTE SEAMAAC* Somerset Academy Early Learning Center STEAM Works Steppingstone Scholars, Inc.* Sunrise of Philadelphia, Inc.* Temple University Center for Community Partnerships Temple University Community College Collaborative Temple University of the Commonwealth System of Higher Education+
•
•
• • • • • •
• • • • • • • • • • •
Temple University- The Information Technology and Society Research Group (ITSRG) Temple University, University Community Collaborative of Philadelphia (UCCP)* The Attic Youth Center* The Center for Black Educator Development The Lighthouse, Inc. The School District of Philadelphia (9-12th graders) The Trustees of the University of Pennsylvania* The Trustees of the University of Pennsylvania | The Netter Center To Our Children’s Future With Health, Inc. United Communities Southeast Philadelphia* Urban Affairs Coalition Urban Affairs Coalition/ YOACAP* Urban League of Philadelphia/ Trizen Valley Youth House Committee, Inc VietLead* Village of Arts and Humanities* West Philadelphia Financial Services Institution Youth Advocate Program Zhang Sah
* = Out of School Time (OST) programs supported in WorkReady + = Year-Round E3 Providers
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PYN LEADERSHIP LEADERSHIP TEAM Chekemma J. Fulmore-Townsend President & CEO
Mike Pompey Chief Information Officer
Stephanie Gambone Executive Vice President
Karin MacBride Vice President of Finance and Administration
Crystal Bacon, Senior Director, Finance
Jere Mahaffey, Director, Executive Strategy
Michele DePoulter, Director, Program Compliance and Monitoring
Gloria Miranda, Director, Human Resources
Farrah Farnese, Senior Director, Programs
Festo Okidi, Director, Partnerships for Employment Pathways
Erica Feldman, Director, Program Implementation
Steven Tyson, Director, Communications & Development
Roxolona Golas, Director, Education and Workforce Policy & Strategy
Mitchell Winter, Director, Information Systems
BOARD OF DIRECTORS Debra S. Friedman (Board Chair)
Tracee L. Hunt (Board Secretary)
Douglas Oliver (Vice Chair)
Nasir K. Mack
Member, Labor and Employment Cozen O’Connor
Founder and CEO Total HR Solutions, LLC.
Vice President, Government & External Affairs PECO
Student Temple University
David Beety
Angela Moultrie
Regional Vice President PeopleShare
Dave Burkavage
Philadelphia Office Managing Partner Ernst & Young LLP
Tiffany Canady, CPA (Treasurer)
Senior Vice President, Chief Financial Officer Philadelphia Industrial Development Corporation
John F. Clayton Jr.
Director, Diversity Inclusion & Workforce Initiatives Independence Blue Cross
Nicole Connell
Chief of Innovation and Effectiveness City of Philadelphia Department of Behavior Health and Intellectual disAbility Services
Regional President Santander Bank
Tuck Rainwater
Vice President Comcast NBCUniversal
Joshua D. Schmidt
Chief Legal Officer and Corporate Secretary InterDigital, Inc.
Dr. Jane R. Shore
Head of Research and Innovation Revolution School
JoAnn Weinberger
Nonprofit Leadership Consultant
Hayward West Senior Manager Deloitte
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FINANCIALS Statement of Financial Position
ASSETS
2021
Source of Funding
2020
CURRENT ASSETS Cash and cash equivalents
9,634,484
6,325,620
Grants and contracts receivable
5,154,129
3,917,060
74,725
67,748
14,863,338
10,310,428
203,222
313,936
47,410
47,410
TOTAL ASSETS
15,113,970
10,671,774
LIABILITIES & NET ASSETS
2021
2020
Prepaid expenses Total Current Assets PROPERTY AND EQUIPMENT - NET SECURITY DEPOSITS
9% 10% 40%
41%
CURRENT LIABILITIES Accounts payable, subcontractors
3,592,955
2,497,101
490,046
116,944
65,915
308,712
1,898,728
1,266,121
3,047,644
4,188,878
598,400
4,101,135
3,567,926
2,381,761
9,066,326
6,482,896
15,113,970
10,671,774
Accounts payable, other Accrued expenses Deferred revenue and refundable advances
Total Current Liabilities
Distribution of Funding 1%
9%
NET ASSETS Net assets without donor restrictions
Net assets with donor restrictions Total Net Assets
TOTAL LIABILITIES AND NET ASSETS
SUPPORT AND REVENUES
2021
90%
OPERATING EXPENSES
2021
Grants and contracts
16,279,785
Youth program services
15,232,137
Contributions
2,807,538
Management and general
1,602,441
Other fees Interest income Net assets released from restriction
TOTAL SUPPORT AND REVENUES
511,851 196
-
19,599,370
Fundraising Total Operating Expenses
181,362 17,015,940
CHANGE IN NET ASSETS
2,583,430
NET ASSETS - BEGINNING OF YEAR
6,482,896
NET ASSETS - END OF YEAR
9,066,326
*As of June 30, 2021
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GET INVOLVED To learn more about PYN’s work or how to get involved, scan or click the QR code below.
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