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Pencil Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 223384302 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Pencil Inc?

Pencil Inc is a dedicated nonprofit organization based in New York City, specifically at 30 WEST 26TH STREET 5TH FLOOR. Their primary mission is to bridge the gap between students and professionals, fostering opportunities for growth and career development. In 2022, they connected over 7,400 students with 1,286 volunteers and mentors from 185 businesses, facilitating partnerships that enhanced students' college and career readiness. Pencil's initiatives, such as Principal for a Day visits and internships, allowed students to gain valuable insights and experiences, improving their communication, networking, professional, and career awareness skills. Over the summer, they placed 788 students in internships and work-based experiences, providing them with valuable real-world experiences and wages. With a strong commitment to New York City schools, Pencil Inc continues to open minds and doors for students, matching their ambitions with appropriate opportunities.


Official website here: www.pencil.org

Is Pencil Inc legitimate?

Pencil Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pencil Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $679,895
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,318,296

For more financial information, click here


Official website here: www.pencil.org

What is the mission statement of Pencil Inc?

Pencil Inc's mission is centered around fostering connections between business professionals, educators, and students. Their goal is to foster an environment where students' opportunities align with their ambitions. Established in 1995, Pencil Inc has played a significant role in bridging these gaps. By bringing these three groups together, they aim to broaden students' perspectives, open their minds, and provide them with access to opportunities. This approach enables students to connect with success, enhancing their chances of reaching their full potential.


Official website here: www.pencil.org

Who is the CEO of Pencil Inc?

Gregg Betheil is the Chair of Pencil Inc. The CEO's salary of Pencil Inc is $236,620 and their total compensation is $269,643.


Official website here: www.pencil.org

What is the revenue of Pencil Inc?

Pencil Inc's revenue in 2022 was $3,104,926.


Official website here: www.pencil.org

Who are the executives of Pencil Inc and what are their salaries?

The average compensation at Pencil Inc during 2022 was $333,032. There are 6 employees and 1,382 volunteers at Pencil Inc.

Here are 28 key members and their salaries (Pencil Inc's CEO's salary is $236,620 and their total compensation is $269,643):

    Gregg Betheil (Ceo)
  • Compensation: $236,620
  • Related: $0
  • Other: $33,023

    • Jessica Bynoe (President)
  • Compensation: $200,096
  • Related: $0
  • Other: $14,666

    • Katje King-Mcgann Left 1122 (Senior Program Officer)
  • Compensation: $143,714
  • Related: $0
  • Other: $0

    • Marilyn Fogarty Left 2022 (Vp Of Finance & Admin)
  • Compensation: $97,819
  • Related: $0
  • Other: $2,100

    • Tracy Kebatta Started 822 (Vp Of Finance & Admin)
  • Compensation: $45,518
  • Related: $0
  • Other: $9,590

    • Christopher B Hayward (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • E Scott Beattie (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joanna Lambert (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lewis Warren Jr (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerd Alexander (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mariel Cruz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Howard Chatzinoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicole Degnan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Fosina (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeremy Phillips (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debbie Kenyon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lew Leone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ron Rudzin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shael Polakow-Suransky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cindy Ma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bernard Tubiana (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David C Banks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Harrell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Socrates Jimenez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Uche Njoku (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Maslansky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason E Silvers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stuart Ruderfer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.pencil.org

    Where can I find the form 990 for Pencil Inc?

    The Pencil Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.pencil.org

    Learn more at the official website: www.pencil.org

    Mission Statement of Pencil Inc

    Pencil Inc, a nonprofit organization, is dedicated to bridging the gap between ambitious students and the opportunities that match their potential. Established in 1995, Pencil Inc has been instrumental in connecting business professionals, educators, and students to foster an environment of openness and opportunity. The organization's mission is to inspire and empower students, opening their minds to new possibilities and creating pathways for their success. By bringing these three key groups together, Pencil Inc aims to provide students with the resources and connections they need to reach their full potential. The organization envisions a city where every student's aspirations are met by the opportunities available to them.

    Impact

    This information is meant to be a general summary of Pencil Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Pencil Inc's impact can be seen in the tangible connections it creates between business professionals, educators, and students in New York City. In 2022 alone, Pencil connected 7,400 students with over 1,200 volunteers and mentors from 185 businesses. By leveraging the talents and resources of the business community, Pencil's partnership program served over 1,500 students across 45 public schools, improving their college and career readiness.

    Feedback from students underscores the significance of Pencil's work, with 91% noting that the organization connected them with professionals they wouldn't have met otherwise, 95% stating that Pencil helped them develop essential skills for growth and success, and 88% expressing that Pencil opened doors to new opportunities and experiences.

    Moreover, Pencil's initiatives like Principal for a Day and internship placements have provided invaluable real-world experiences to students, facilitating their professional development and expanding their career horizons. Overall, Pencil Inc's commitment to bridging the gap between education and industry is evident in the positive outcomes and opportunities it offers to students, setting them on a path towards fulfilling their ambitions and potential.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $9,149
  • Program Service Revenue: $0
  • Gross Receipts: $3,652,797

    • Assets and Liabilities:
  • Total Assets: $2,677,959
  • Total Liabilities: $252,389
  • Net Assets: $2,425,570
  • Organization Details

    Principal Officer

    Gregg Betheil

    Main Address

    30 WEST 26TH STREET 5TH FLOOR, NEW YORK, NY, 10010

    NTEE Category

    Code: T99 - Philanthropy

    If you are a representative of Pencil Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.