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Philadelphia Youth Network Rating Summary
 

Philadelphia Youth Network Rating Summary

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    Philadelphia Youth Network Rating Summary Philadelphia Youth Network Rating Summary Presentation Transcript

    • NPI Evaluation of Philadelphia Youth Network NPI Rating: BUY Evaluation as of 12/24/2011 Analyst: John Goldston www.nonprofitinvestor.org
    • NPI Rating: BUYSince being founded in 1999 as a small non-profitsubsidiary, PYN has grown into an independent,citywide organization with substantial support withinand recognition from the Philadelphia community.Having developed relationships with key policymakersand stakeholders, the company appears to be in a greatposition to continue to grow and create opportunitiesfor Philadelphia’s youth for years to come. www.nonprofitinvestor.org
    • Philadelphia Youth Network: Strengths▲ Strong reputation within Philadelphia community. PYN has grown from a small non-profit subsidiary into an independent, citywide organization serving thousands of local students.▲ Growing and sticky partner network of employers, academic institutions and youth organizations. Over 150 employers are currently involved in WorkReady, PYNs largest school-to-career initiative, up substantially from 50 employers six years ago.▲ Number of students benefitting from PYN programs continues to grow each year. WorkReady placed over 11,000 students in 2010, compared to only 150 students in 2003.▲ Strong financial performance and stable expense/revenue ratio. 15% revenue and support CAGR over the past three years, which has funded an increase in the breadth and depth of program offerings. www.nonprofitinvestor.org
    • Philadelphia Youth Network: Cautions▼ Funding Concentration. 85% of funding comes from six government programs and loss of funding from any single program will have a material (>10%) impact on total revenue and support.● Long-term evaluation horizon makes current performance difficult to evaluate. Access to long-term employment data among PYN participants is not readily available. www.nonprofitinvestor.org
    • More Information• Access the full research report for free here: nonprofitinvestor.org/PhiladelphiaYouthNetwork• To provide feedback on the report, please either comment directly on our website or contact us directly: nonprofitinvestor.org/contact www.nonprofitinvestor.org
    • About NPI• Nonprofit Investor publishes detailed, peer-reviewed evaluations of charities written by business leaders with due diligence expertise. All research reports are free to download: nonprofitinvestor.org/research• Follow NPI: – Twitter: @nonprofitinvest – Quora Blog: nonprofitinvestor.quora.com – Facebook: facebook.com/nonprofitinvestor• NPI is a 501(c)(3) charity (EIN: 45‐3627609) www.nonprofitinvestor.org