Pensacola Young Professionals Inc — Form 990EZ, tax year 2013

View Pensacola Young Professionals Inc on 990iQ →
Form990-EZ
Click to see attachment
Department of the Treasury
Internal Revenue Service
Short Form
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code
(except private foundation)
bullet Do not enter Social Security numbers on this form as it may be made public. By law, the
IRS generally cannot redact the information on the form.
bullet Information about Form 990-EZ and its instructions is at www.irs.gov/form990.
OMB No. 1545-1150
2013
Open to Public
Inspection
A
For the 2013 calendar year, or tax year beginning 04-01-2013, and ending 03-31-2014
B
Check if applicable:
C Name of organization
PENSACOLA YOUNG PROFESSIONALS INC
 
Number and street (or P. O. box, if mail is not delivered to street address)41 NORTH JEFFERSON STREET
ROOM/SUITE 108Room/suite
City or town, state or province, country, and ZIP or foreign postal code PENSACOLA, FL32502
D Employer identification number

20-4757674
E Telephone number

(850) 332-7820
F Group Exemption
Number. . bullet  
G Accounting Method: Other (specify) bullet   H Check bulletI Website:bulletHTTP://WWW.PENSACOLAYP.COMJ Tax-exempt status(check only one)?( 4) bullet(insert no.) or
K Form of organization:  
L Add lines 5b, 6c, and 7b, to line 9 to determine gross receipts. If gross receipts are $200,000 or more, or if total assets (Part II, column (B) below) are $500,000 or more, file Form 990 instead of Form 990-EZ . . . . . . . . . bullet $ 72,677
Part I
Revenue, Expenses, and Changes in Net Assets or Fund Balances (see the instructions for Part I)Check if the organization used Schedule O to respond to any question in this Part I...................
VerticalRevenue 1 Contributions, gifts, grants, and similar amounts received............... 1 42,308
2 Program service revenue including government fees and contracts ............ 2 17,027
3 Membership dues and assessments...................... 3  
4 Investment income........................... 4 863
5a Gross amount from sale of assets other than inventory........ 5a  
b Less: cost or other basis and sales expenses........... 5b  
c Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ...... 5c  
6 Gaming and fundraising events
a Gross income from gaming (attach Schedule G if greater than $15,000) . 6a  
b Gross income from fundraising events (not including $   of contributions
from fundraising events reported on line 1) (attach Schedule G if the
sum of such gross income and contributions exceeds $15,000) 6b 10,639
c Less: direct expenses from gaming and fundraising events....... 6c 2,315
d Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c) 6d 8,324
7a Gross sales of inventory, less returns and allowances........ 7a  
b Less: cost of goods sold................. 7b  
c Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) ......... 7c  
8 Other revenue (describe in Schedule O) ..................... 8 1,840
9 Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8.............. Bullet 9 70,362
VerticalExpenses 10 Grants and similar amounts paid (list in Schedule O) ................. 10  
11 Benefits paid to or for members........................ 11  
12 Salaries, other compensation, and employee benefits................ 12 24,017
13 Professional fees and other payments to independent contractors............ 13  
14 Occupancy, rent, utilities, and maintenance................... 14  
15 Printing, publications, postage, and shipping................... 15  
16 Other expenses (describe in Schedule O) .................... 16 36,459
17 Total expenses. Add lines 10 through 16 ................. Bullet 17 60,476
VerticalNetAssets 18 Excess or (deficit) for the year (Subtract line 17 from line 9)............ 18 9,886
19 Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
end-of-year figure reported on prior year’s return)................ 19 125,386
20 Other changes in net assets or fund balances (explain in Schedule O) .......... 20  
21 Net assets or fund balances at end of year. Combine lines 18 through 20.........Bullet 21 135,272
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 10642I Form 990-EZ (2013)
Form 990-EZ (2013)
Page 2
Part IIBalance Sheets (see the instructions for Part II)Check if the organization used Schedule O to respond to any question in this Part II.................

(A) Beginning of year(B) End of year
22Cash, savings, and investments................
105,139
22
134,756
23Land and buildings....................
 
23
 
24Other assets (describe in Schedule O) ..........
27,758
24
14,679
25Total assets......................
132,897
25
149,435
26
Total liabilities (describe in Schedule O) .............
7,511
26
14,163
27Net assets or fund balances (line 27 of column (B) must agree with line 21)..
125,386
27
135,272
Part IIIStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III . Expenses
(Required for section 501(c)(3) and 501(c)(4) organizations and section 4947(a)(1) trusts; optional for others.)
What is the organization's primary exempt purpose? THE PENSACOLA YOUNG PROFESSIONALS ARE COMMITTED TO DEVELOPING THE PENSACOLA BAY AREA INTO A THRIVING AND DYNAMIC PLACE TO LIVE, WORK, AND PLAY BY MAKING OUR YOUNG PROFESSIONALS AND THE COMMUNITY AS A WHOLE AWARE OF ISSUES SHAPING THE AREA THROUGH PROACTIVE CIVIC, SOCIAL, AND PROFESSIONAL INVOLVEMENT.
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 PENSACOLA YOUNG PROFESSIONALS OFFERS MULTIPLE TEAMS, SUCH AS MEMBER SERVICES, ECONOMIC DEVELOPMENT, QUALITY OF LIFE, AND NETWORKING AS A WAY FOR MEMBERS TO GET INVOLVED WITHIN PYP. THESE TEAMS PROVIDE MEMBERS WAYS TO MEET AND NETWORK WITH OTHER YOUNG PROFESSIONALS, WHILE INCREASING THE INVOLVEMENT OF YOUNG PROFESSIONALS IN ECONOMIC DEVELOPMENT ISSUES THAT AFFECT THE PENSACOLA BAY AREA. IN ADDITION, THE QUALITY OF LIFE WORKS TO IDENTIFY COMMUNITY CONDITIONS AFFECTING QUALITY OF LIFE SUCH AS EDUCATION, LEISURE, HEALTH, ENVIRONMENT, WORK, AND COMMUNITY INVOLVEMENT, AND TO DETERMINE A PLAN OF ACTION THAT THE ORGANIZATION AS A WHOLE CAN IMPLEMENT TO MAKE A DIFFERENCE IN THE PENSACOLA BAY AREA COMMUNITY.
(Grants $   ) If this amount includes foreign grants, check here ...MediumBullet		 28a 13,315
29 INTERNSHIP PENSACOLA IS DESIGNED TO PROVIDE LOCAL COLLEGE STUDENTS WITH VALUABLE INTERNSHIP OPPORTUNITIES DURING THEIR SUMMER SEMESTER. THROUGH THE 12 WEEK PROGRAM, STUDENTS WILL WORK WITH THEIR CHOICE OF VARIOUS LOCAL BUSINESSES, THEREBY GAINING GREATER KNOWLEDGE AND EXPERIENCE WITHIN THEIR FIELD OF STUDY WHILE ALSO EARNING COLLEGE CREDIT HOURS AND A FULL-TIME SALARY. IN ADDITION, STUDENTS WILL ENGAGE IN SOCIAL AND NETWORKING EVENTS DESIGNED TO SHOW THEM THAT PENSACOLA IS AN EXCELLENT PLACE TO LIVE, WORK, AND PLAY AFTER COLLEGE GRADUATION.
(Grants $   ) If this amount includes foreign grants, check here ...MediumBullet		 29a 270
30 THE PENSACOLA PROFESSIONAL DEVELOPMENT INSTITUTE PROMOTES PROFESSIONAL AND PERSONAL GROWTH IN ORDER TO IMPROVE THE LEADERSHIP POTENTIAL OF ITS MEMBERS AND SURROUNDING COMMUNITY.
(Grants $   ) If this amount includes foreign grants, check here ...MediumBullet		 30a 8,863
31 Other program services (describe in Schedule O)
(Grants $   ) If this amount includes foreign grants, check here...MediumBullet		 31a
32 Total program service expenses (add lines 28a through 31a).......... bullet 32 22,448
Part IV
List of Officers, Directors, Trustees, and Key Employees (list each one even if not compensated — see the instructions for Part IV)Check if the organization used Schedule O to respond to any question in this Part IV............
(a) Name and title (b) Average
hours per week
devoted to position		 (c)Reportable compensation
(Forms W-2/1099-MISC) (if not paid, enter -0-) 		(d) Health benefits, contributions to employee benefit plans,
and deferred compensation		 (e) Estimated amount
of other compensation
CHAD STACYClick to see attachmentPAST PRESIDE 10.00 0    
JUSTIN SPENCEClick to see attachmentPRESIDENT 20.00 0    
TAYLOR SIMMONSClick to see attachmentSECRETARY 10.00 0    
ADRIENNE MAYGARDENClick to see attachmentTREASURER 10.00 0    
TRIP MAYGARDENClick to see attachmentLEGAL COUNSE 10.00 0    
JONATHAN THOMPSONClick to see attachmentPRESIDENT - 20.00 0    
MELANIE MOFFETTClick to see attachmentVP OF MEMBER 10.00 0    
STEPHANIE TEREKClick to see attachmentVP OF COMMUN 10.00 0    
AMBER KELLEYClick to see attachmentVP OF MARKET 10.00 0    
HONG TRANClick to see attachmentVP OF PROGRA 10.00 0    
Form 990-EZ (2013)
Form 990-EZ (2013)
Page 3
Part V
Other Information
(Note the Schedule A and personal benefit contract statement requirements in the
instructions for Part V.) Check if the organization used Schedule O to respond to any question in this Part V.......
Yes
No
33
Did the organization engage in any significant activity not previously reported to the IRS? If "Yes," provide a detailed description of each activity in Schedule O ...................
33
 
No
34
Were any significant changes made to the organizing or governing documents? If "Yes," attach a conformed copy of the amended documents if they reflect a change to the organization’s name. Otherwise, explain the changeon Schedule O (see instructions) ..........................
34
 
No
35a
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities (such as those reported on lines 2, 6a, and 7a, among others)? ............
35a
 
No
b
If "Yes," to line 35a, has the organization filed a Form 990-T for the year? If "No," provide an explanation in Schedule O
35b
 
 
c
Was the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization subject to section 6033(e) notice, reporting, and proxy tax requirements during the year? If "Yes," complete Schedule C, Part III
35c
 
No
36
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? If “Yes," complete applicable parts of Schedule N ................
36
 
No
37a
Enter amount of political expenditures, direct or indirect, as described in the instructions. bullet
37a
 
b
Did the organization file Form 1120-POL for this year?...................
37b
 
No
38a
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were
any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?..
38a
 
No
b
If “Yes," complete Schedule L, Part II and enter the total amount involved .
38b
 
39
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on line 9.......
39a
 
b
Gross receipts, included on line 9, for public use of club facilities.....
39b
 
40a
Section 501(c)(3) organizations. Enter amount of tax imposed on the organization during the year under:
section 4911 bullet   ; section 4912 bullet   ; section 4955 bullet  
b
Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in any section 4958 excess benefittransaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? If “Yes," complete Schedule L, Part I ......
40b
 
No
c
Section 501(c)(3) and 501(c)(4) organizations. Enter amount of tax imposed on organization managers or disqualified persons during the year under sections 4912, 4955, and 4958...bullet  
d
Section 501(c)(3) and 501(c)(4) organizations. Enter amount of tax on line 40c reimbursed by the organization...........................bullet  
e
All organizations. At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? If "Yes," complete Form 8886-T ......................
40e
 
No
41List the states with which a copy of this return is filed. bullet
42aThe organization's books are in care of bulletJAKOB DWYER Telephone no. bullet (850) 332-7820
Located at bullet41 NORTH JEFFERSON ST SUITE 108PENSACOLA,FL ZIP + 4bullet32502
b
At any time during the calendar year, did the organization have an interest in or a signature or other authority over a financial account in a foreign country (such as a bank account, securities account, or other financial account)?
Yes
No
42b
 
No
If “Yes," enter the name of the foreign country: bullet
See the instructions for exceptions and filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.
c
At any time during the calendar year, did the organization maintain an office outside the U.S.?
42c
 
No
If “Yes," enter the name of the foreign country: bullet
43.......bullet
and enter the amount of tax-exempt interest received or accrued during the tax year....bullet43
 
Yes
No
44a
Did the organization maintain any donor advised funds during the year? If "Yes," Form 990 must be completed instead of
Form 990-EZ................................
44a
 
No
b
Did the organization operate one or more hospital facilities during the year? If "Yes," Form 990 must be completedinstead of Form 990-EZ.............................
44b
 
No
c
Did the organization receive any payments for indoor tanning services during the year?.........
44c
 
No
d
If "Yes," to line 44c, has the organization filed a Form 720 to report these payments? If "No," provide an
explanation in Schedule O ............................
44d
 
 
45a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?.........
45a
 
No
45b
Did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," Form 990 and Schedule R may need to be completed instead of Form 990-EZ (see instructions)......................
45b
 
No
Form 990-EZ (2013)
Form 990-EZ (2013)
Page 4
Yes
No
46
Did the organization engage, directly or indirectly, in political campaign activities on behalf of or in opposition tocandidates for public office? If “Yes," complete Schedule C, Part I. ..............
46
 
No
Part VI
Section 501(c)(3) organizations only All section 501(c)(3) organizations must answer questions 47-49b and 52, and complete the tables for lines 50 and 51 Check if the organization used Schedule O to respond to any question in this Part VI ................
Yes
No
47
Did the organization engage in lobbying activities or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II .......................
47
 
 
48
Is the organization a school as described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E ..
48
 
 
49a
Did the organization make any transfers to an exempt non-charitable related organization?......
49a
 
 
b
If "Yes," was the related organization a section 527 organization?................
49b
 
 
50
Complete this table for the organization's five highest compensated employees (other than officers, directors, trustees and key employees) who each received more than $100,000 of compensation from the organization. If there is none, enter "None."
(a) Name and title of each employee (b) Average
hours per week
devoted to position		 (c) Reportable compensation
(Forms W-2/1099-MISC) 		(d) Health benefits, contributions to employee benefit plans, and deferred compensation (e) Estimated amount of other compensation
 
f
Total number of other employees paid over $100,000 .................bullet  

51
Complete this table for the organization's five highest compensated independent contractors who each received more than $100,000 of compensation from the organization. If there is none, enter "None."
(a) Name and business address of each independent contractor (b) Type of service (c) Compensation
 
d
Total number of other independent contractors each receiving over $100,000..........bullet  
52
Did the organization complete Schedule A? NOTE: All Section 501(c)(3) organizations and 4947(a)(1) nonexempt charitable trusts must attach a completed Schedule A ...............bullet
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
JumboBullet
Signature of officer Date
JumboBullet
Type or print name and title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's signature
Date
PTIN
Firm's name bullet

Firm's EIN bullet
Firm's address bullet



Phone no.
May the IRS discuss this return with the preparer shown above? See instructions .........bullet
Form 990-EZ (2013)


Form 990-EZ, Special Condition Description:
Special Condition Description

Additional Data


Software ID:  
Software Version:  
Schedule B
(Form 990, 990-EZ,
or 990-PF)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors
Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Name of the organization
PENSACOLA YOUNG PROFESSIONALS INC
 
Employer identification number

20-4757674
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ





Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......................... Arrow Bullet $  
Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2013)

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
Page 2
Name of organization
PENSACOLA YOUNG PROFESSIONALS INC
  		Employer identification number

20-4757674
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
RESTRICTED
RESTRICTED
 

   
RESTRICTED
RESTRICTED
RESTRICTED, RESTRICTEDRESTRICTED

$RESTRICTED


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
Page 3
Name of organization
PENSACOLA YOUNG PROFESSIONALS INC
  		Employer identification number

20-4757674
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
Page 4
Name of organization
PENSACOLA YOUNG PROFESSIONALS INC
  		Employer identification number

20-4757674
Part III
Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Additional Data


Software ID:  
Software Version:  
SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
PENSACOLA YOUNG PROFESSIONALS INC
 
Employer identification number

20-4757674
Return Reference Explanation
FORM 990-EZ, PART I, LINE 8 BETTER PENSACOLA FORUM 1,500 OTHER 340 TOTAL 1,840
FORM 990-EZ, PART I, LINE 16 EXPENSES ADVERTISING AND PROMOTION 110 FORUMS & EDUCATIONAL SEMINARS 8,313 CONFERENCES AND MEETINGS 4,238 CONFERENCES AND MEETINGS 43 CONFERENCES AND MEETINGS 159 ANNUAL REPORT 1,138 BAD DEBTS 1,500 BANK AND CREDIT CARD FEES 2,426 DONATIONS 425 FILING FEES 64 FUNDRAISING EXPENSES 134 INSURANCE 1,740 LICENSES 166 MEMBER NETWORKING EVENTS 1,904 MEMBER NETWORKING EVENTS 63 MEMBER SPORTING EVENTS 998 POSTAGE AND SHIPPING 174 SMALL EQUIPMENT 417 SOFTWARE 15 SUPPLIES 7,565 SUPPLIES 48 SUPPLIES 391 TELEPHONE 1,555 WEBSITE 1,115 WEBSITE 540 NON-INVESTMENT DEPRECIATION 1,218 TOTAL 36,459
FORM 990-EZ, PART II, LINE 24 ACCOUNTS RECEIVABLE 21,550 13,000 PREPAID EXPENSES AND DEFERRED CHARGES 4,236 925 WEBSITE, FURNITURE, AND EQUIPMENT 5,145 5,145 LESS ACCUMULATED DEPRECIATION 3,173 4,391 TOTAL 27,758 14,679
FORM 990-EZ, PART II, LINE 26 ACCOUNTS PAYABLE AND ACCRUED EXPENSES 4,303 6,453 DEFERRED REVENUE 3,208 7,710
FORM 990-EZ, PART III THE PENSACOLA YOUNG PROFESSIONALS ARE COMMITTED TO DEVELOPING THE PENSACOLA BAY AREA INTO A THRIVING AND DYNAMIC PLACE TO LIVE, WORK, AND PLAY BY MAKING OUR YOUNG PROFESSIONALS AND THE COMMUNITY AS A WHOLE AWARE OF ISSUES SHAPING THE AREA THROUGH PROACTIVE CIVIC, SOCIAL, AND PROFESSIONAL INVOLVEMENT.
FORM 990-EZ, PART III, LINE 28 PENSACOLA YOUNG PROFESSIONALS OFFERS MULTIPLE TEAMS, SUCH AS MEMBER SERVICES, ECONOMIC DEVELOPMENT, QUALITY OF LIFE, AND NETWORKING AS A WAY FOR MEMBERS TO GET INVOLVED WITHIN PYP. THESE TEAMS PROVIDE MEMBERS WAYS TO MEET AND NETWORK WITH OTHER YOUNG PROFESSIONALS, WHILE INCREASING THE INVOLVEMENT OF YOUNG PROFESSIONALS IN ECONOMIC DEVELOPMENT ISSUES THAT AFFECT THE PENSACOLA BAY AREA. IN ADDITION, THE QUALITY OF LIFE WORKS TO IDENTIFY COMMUNITY CONDITIONS AFFECTING QUALITY OF LIFE SUCH AS EDUCATION, LEISURE, HEALTH, ENVIRONMENT, WORK, AND COMMUNITY INVOLVEMENT, AND TO DETERMINE A PLAN OF ACTION THAT THE ORGANIZATION AS A WHOLE CAN IMPLEMENT TO MAKE A DIFFERENCE IN THE PENSACOLA BAY AREA COMMUNITY.
FORM 990-EZ, PART III, LINE 29 INTERNSHIP PENSACOLA IS DESIGNED TO PROVIDE LOCAL COLLEGE STUDENTS WITH VALUABLE INTERNSHIP OPPORTUNITIES DURING THEIR SUMMER SEMESTER. THROUGH THE 12 WEEK PROGRAM, STUDENTS WILL WORK WITH THEIR CHOICE OF VARIOUS LOCAL BUSINESSES, THEREBY GAINING GREATER KNOWLEDGE AND EXPERIENCE WITHIN THEIR FIELD OF STUDY WHILE ALSO EARNING COLLEGE CREDIT HOURS AND A FULL-TIME SALARY. IN ADDITION, STUDENTS WILL ENGAGE IN SOCIAL AND NETWORKING EVENTS DESIGNED TO SHOW THEM THAT PENSACOLA IS AN EXCELLENT PLACE TO LIVE, WORK, AND PLAY AFTER COLLEGE GRADUATION.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2013

Additional Data


Software ID:  
Software Version:  

TY 2013 CompensationExplanation
Name:
PENSACOLA YOUNG PROFESSIONALS INC
EIN: 20-4757674
Person Name Explanation
CHAD STACY  
JUSTIN SPENCE  
TAYLOR SIMMONS  
ADRIENNE MAYGARDEN  
TRIP MAYGARDEN  
JONATHAN THOMPSON  
MELANIE MOFFETT  
STEPHANIE TEREK  
AMBER KELLEY  
HONG TRAN