Liabilities / Assets
37th percentile
Higher debt load relative to assets than 37% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
37th percentile
Higher debt load relative to assets than 37% of similar nonprofits.
Liabilities / Revenue
78th percentile
Higher debt load relative to revenue than 78% of similar nonprofits.
Net Margin
95th percentile
Higher net margin than 95% of similar nonprofits.
Top Officer Pay
87th percentile
Higher top officer pay than 87% of similar nonprofits.
Top officer pay equals 44.0% of source-year revenue.
Asset Growth
74th percentile
Faster asset growth than 74% of similar nonprofits.
Revenue Growth
71st percentile
Faster revenue growth than 71% of similar nonprofits.
Assets
Up$6,554,533
Up $632,168 (+11%) from 2017
Net Assets
Up$6,091,968
Up $590,718 (+11%) from 2017
Liabilities
Up$462,565
Up $41,450 (+9.8%) from 2017
Revenue
Up$633,453
Up $80,501 (+15%) from 2017
Expenses
Down$179,524
Down $369,527 (-67%) from 2017
Net Income
Up$453,929
Up $450,028 (+11536%) from 2017
To receive charitable contributions, grants, and donations for the purpose of establishing, maintaining, and administering an endowment fund and other funds for the benefit of penn foundation, inc.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $5,265,652 | $5,798,166 | ▲ $532,514 |
| Cash and Non-Interest-Bearing Accounts | $190 | $130,192 | ▲ $130,002 |
| Savings and Temporary Cash Investments | $123,134 | $76,175 | ▼ $46,959 |
| Accounts Receivable | $3,389 | - | - |
| Total Assets | $5,922,365 | $6,554,533 | ▲ $632,168 |
| Other Assets Total | $530,000 | $550,000 | ▲ $20,000 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $421,115 | $462,565 | ▲ $41,450 |
| Total Liabilities | $421,115 | $462,565 | ▲ $41,450 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $4,649,240 | $5,110,636 | ▲ $461,396 |
| Temporarily Rstr Net Assets | $650,020 | $780,985 | ▲ $130,965 |
| Permanently Rstr Net Assets | $201,990 | $200,347 | ▼ $1,643 |
| Total Net Assets Fund Balance | $5,501,250 | $6,091,968 | ▲ $590,718 |
| Total Liabilities and Net Assets / Fund Balance | $5,922,365 | $6,554,533 | ▲ $632,168 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Assets Org | $550,000 | - | - |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2017 | $722,489 | - | ▲ $45,068 | $-32,036 | $731,804 |
| 2016 | $675,787 | - | ▲ $62,244 | $-12,040 | $722,489 |
| 2015 | $733,906 | - | ▲ $5,866 | $-60,501 | $675,787 |
| 2014 | $796,283 | - | ▲ $12,647 | $-70,509 | $733,906 |
| 2013 | $203,134 | $596,273 | ▲ $16,135 | $-19,916 | $793,147 |
| Name | Title | Other | Total |
|---|---|---|---|
| KELLIE O'NEILL | CFO | $142,824 | $142,824 |
| Name | Title |
|---|---|
| Thomas Leidy | President |
| Wayne Mugrauer CEO | CEO |
| David G Landis | Secretary |
| Marvin Anders | Treasurer |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $144,323 |
| Other Expenses | $35,201 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $144,323 | - | - | $144,323 |
| Fees for Service Investment Mgmnt Fees | - | $31,444 | - | $31,444 |
| Other Expenses | - | $3,757 | - | $3,757 |
| Total Functional Expenses | $144,323 | $35,201 | $0 | $179,524 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $179,524 |
| Expenses per Audited Statements | $148,080 |
| Total Expenses per Audited Statements | $148,080 |
| Expenses Not Reported on Financial Statements | $31,444 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Penn Foundation | Sellersville, PA | 9 | Fund Programming | $144,323 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“A full copy of form 990, along with a narrative summary of the return, is distributed to each of the penn foundation trust's board of directors for individual review. Questions, comments or concerns are addressed with the cfo and/or ceo. Board members approve the tax return for filing based upon their review and resolution of any outstanding issues or questions.”
“The board reviews expenses and if there was a conflict of interest it would be disclosed in the minutes and the board member would abstain from the discussion and voting on any issues where a conflict of interest arises. The conflict of interest statements are reviewed and signed off on by each of the board members annually.”
“The ceo and the cfo are compensated by penn foundation, inc. Therefore, penn foundation's compensation policy is followed.”
“The compensation process used for the top official is also used for all officers.”
“Governing documents, policies, and financial statements are available upon request.”
“Arts - the penn foundation trust, through the generosity of a donor, trained our team on drum therapy. This is an ancient approach that uses rhythm to promote healing and self expression. Recent research indicates that drumming accelerates physical healing, boosts the immune system and produces feelings of well-being, a release of emotional trauma, and reintegration of self. Other studies have demonstrated the calming, focusing and healing effects of drumming on alzheimer's patients, autistic children, emotionally disturbed teens, recovering addicts, trauma patients and prison and homeless populations. The program has been received very positively by patients.”
“Income from the endowment funds are used for the furtherance of the organization's mission.”
“The trust follows the accounting guidance for uncertainty in income taxes using the financial accounting standards board (fasb) asc 740, income taxes. Using that guidance, tax positions initially need to be recognized in the financial statements when it is more-likely-than not the position will be sustained upon examination of the tax authorities. The organization believes it has support for the income tax positions taken on its tax returns. The organizations open tax audit periods are june 30, 2015 to 2017. As of june 30, 2018, the organization had no uncertain tax positions that qualify for either recognition or disclosure in the financial statements.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 421115 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 462565 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 3389 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO RECEIVE CHARITABLE CONTRIBUTIONS, GRANTS, AND DONATIONS FOR THE PURPOSE OF ESTABLISHING, MAINTAINING, AND ADMINISTERING AN ENDOWMENT FUND AND OTHER FUNDS FOR THE BENEFIT OF PENN FOUNDATION, INC. |
| IRS990/AllOtherContributionsAmt | 0 | 185612 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | KELLIE O'NEILL CFO |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2674045980 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 807 LAWN AVE |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt | 0 | PO BOX 32 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | SELLERSVILLE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | PA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 18960 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 190 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 130192 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | true |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 335612 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 144323 |
| IRS990/CYInvestmentIncomeAmt | 0 | 297797 |
| IRS990/CYOtherExpensesAmt | 0 | 35201 |
| IRS990/CYOtherRevenueAmt | 0 | 44 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 453929 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 179524 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 633453 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | THE AUTISM PLANNING ARE PROGRAM DEVELOPMENT COSTS FOR OUR FAMILY AUTISM CENTER THAT BEGAN OPERATIONS IN AUGUST 2016. WE HAVE RECEIVED GENEROUS DONATIONS TO HELP GET THIS PROGRAM AND LOCATION DEVELOPED, BUT THE THIRD PARTY REIMBURSEMENTS REMAIN CHALLENGING. THE PROGRAM'S FISCAL VIABILITY WILL BE EXAMINED IN THE NEXT FISCAL YEAR. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 69497 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 31444 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 31444 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 7.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 7.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 55.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 55.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 2814 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 1574 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | THOMAS LEIDY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | MARVIN ANDERS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | DAVID G LANDIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | WAYNE MUGRAUER CEO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | KELLIE O'NEILL |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 275860 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 141250 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | CFO |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2003 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 196851 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GrantAmt | 0 | 69497 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 144323 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 144323 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | true |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 1086629 |
| IRS990/GrossReceiptsAmt | 0 | 1523231 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 100946 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 100946 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 5265652 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 5798166 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | PA |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 889778 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | TO RECEIVE CHARITABLE CONTRIBUTIONS, GRANTS, AND DONATIONS FOR THE PURPOSE OF ESTABLISHING, MAINTAINING, AND ADMINISTERING AN ENDOWMENT FUND AND OTHER FUNDS FOR THE BENEFIT OF PENN FOUNDATION, INC. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 5501250 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 6091968 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 196851 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 196851 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 136789 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 530000 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 550000 |
| IRS990/OtherExpensesGrp/Desc | 0 | OTHER TAXES |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 3757 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 3757 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISCELLANEOUS INCOME |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 44 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 44 |
| IRS990/OtherRevenueTotalAmt | 0 | 44 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt | 0 | 201990 |
| IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt | 0 | 200347 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | WAYNE MUGRAUER CEO |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | THE LEADERSHIP INSTITUTE IS AN IN-HOUSE CUSTOMIZED PROFESSIONAL DEVELOPMENT PROGRAM TO HELP OUR MIDDLE MANAGEMENT LEVELS GROW THEIR MANAGERIAL SKILL SETS. THE COHORT ATTENDS 7 SESSIONS OVER THE COURSE OF 8 MONTHS AND IN THAT TIME IS LEARNING PERSONNEL MANAGEMENT, DAY-TO-DAY MANAGEMENT, AND BIG PICTURE SKILLS. OUR INITIAL COHORT GRADUATED WITH MUCH ENTHUSIASM. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 30000 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 30000 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | THE PENN FOUNDATION TRUST SUPPORTS INTEGRATED CARE PROGRAM DEVELOPMENT. AS THE HEALTHCARE INDUSTRY CONTINUES TO MOVE TOWARDS MORE HEALTHCARE INTEGRATION, PENN FOUNDATION IS WORKING TO HELP INTEGRATE BEHAVIORAL HEALTH INTO THE PRIMARY CARE MINDSET. OUR INTEGRATED CARE TEAM HAS BEEN WORKING ON PILOTS SUCH AS 30-DAY POST DISCHARGE FOLLOW-UPS FOR HIGH-RISK PATIENTS. OUR INTEGRATED CARE TEAM HAS STARTED WORKING WITH A PRIMARY CARE PRACTICE OFFERING COUNSELING SERVICES TO THEIR PATIENTS, AS THEIR DOCTORS IDENTIFY THE NEED. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 23233 |
| IRS990/ProgSrvcAccomActy3Grp/GrantAmt | 0 | 23233 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | ARTS - THE PENN FOUNDATION TRUST, THROUGH THE GENEROSITY OF A DONOR, TRAINED OUR TEAM ON DRUM THERAPY. THIS IS AN ANCIENT APPROACH THAT USES RHYTHM TO PROMOTE HEALING AND SELF EXPRESSION. RECENT RESEARCH INDICATES THAT DRUMMING ACCELERATES PHYSICAL HEALING, BOOSTS THE IMMUNE SYSTEM AND PRODUCES FEELINGS OF WELL-BEING, A RELEASE OF EMOTIONAL TRAUMA, AND REINTEGRATION OF SELF. OTHER STUDIES HAVE DEMONSTRATED THE CALMING, FOCUSING AND HEALING EFFECTS OF DRUMMING ON ALZHEIMER'S PATIENTS, AUTISTIC CHILDREN, EMOTIONALLY DISTURBED TEENS, RECOVERING ADDICTS, TRAUMA PATIENTS AND PRISON AND HOMELESS POPULATIONS. THE PROGRAM HAS BEEN RECEIVED VERY POSITIVELY BY PATIENTS. |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 0 | 21593 |
| IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt | 0 | 21593 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 348126 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 521114 |
| IRS990/PYInvestmentIncomeAmt | 0 | 195644 |
| IRS990/PYOtherExpensesAmt | 0 | 27937 |
| IRS990/PYOtherRevenueAmt | 0 | 9182 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 3901 |
| IRS990/PYTotalExpensesAmt | 0 | 549051 |
| IRS990/PYTotalRevenueAmt | 0 | 552952 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 453929 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RelatedOrganizationsAmt | 0 | 150000 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 123134 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 76175 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | true |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | false |
| IRS990ScheduleA/IRSWrittenDeterminationInd | 0 | X |
| IRS990ScheduleA/MajorityDirTrstSupportedOrgInd | 0 | true |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 231496225 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | true |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 10 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 144323 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | PENN FOUNDATION INC |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt | 0 | PENN FOUNDATION INC |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
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| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | CERTIFICATES OF DEPOSIT |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | INCOME FROM THE ENDOWMENT FUNDS ARE USED FOR THE FURTHERANCE OF THE ORGANIZATION'S MISSION. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | THE TRUST FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES USING THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN NOT THE POSITION WILL BE SUSTAINED UPON EXAMINATION OF THE TAX AUTHORITIES. THE ORGANIZATION BELIEVES IT HAS SUPPORT FOR THE INCOME TAX POSITIONS TAKEN ON ITS TAX RETURNS. THE ORGANIZATIONS OPEN TAX AUDIT PERIODS ARE JUNE 30, 2015 TO 2017. AS OF JUNE 30, 2018, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. |
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| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE D, PAGE 3, PART X |
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| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | PENN FOUNDATION TRUST CONTRIBUTES FUNDS TO PENN FOUNDATION, INC. FOR CAPITAL EXPANSION PURPOSES AND TREATMENT PROGRAMS. PENN FOUNDATION, INC. PROVIDES INFORMATION TO THE TRUST ON THE AMOUNTS THAT HAVE BEEN EXPENDED FOR CAPITAL EXPANSION PURPOSES AND TREATMENT PROGRAMS AND THE TRUST PROVIDES PENN FOUNDATION, INC. WITH FUNDS FOR THOSE PURPOSES AT THE TIME THE EXPENSES ARE INCURRED, SUBJECT TO BOARD APPROVAL. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE I, PAGE 1, PART I, LINE 2 |
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| IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt | 0 | COMPENSATION OF THE CEO/EXECUTIVE DIRECTOR IS ESTABLISHED BY THE RELATED ORGANIZATION USING A COMPENSATION COMMITTEE, THE FORM 990S OF OTHER ORGANIZATIONS, A COMPENSATION SURVEY/STUDY, AND THE APPROVAL OF THE BOARD AND/OR COMPENSATION COMMITTEE. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ARTS - THE PENN FOUNDATION TRUST, THROUGH THE GENEROSITY OF A DONOR, TRAINED OUR TEAM ON DRUM THERAPY. THIS IS AN ANCIENT APPROACH THAT USES RHYTHM TO PROMOTE HEALING AND SELF EXPRESSION. RECENT RESEARCH INDICATES THAT DRUMMING ACCELERATES PHYSICAL HEALING, BOOSTS THE IMMUNE SYSTEM AND PRODUCES FEELINGS OF WELL-BEING, A RELEASE OF EMOTIONAL TRAUMA, AND REINTEGRATION OF SELF. OTHER STUDIES HAVE DEMONSTRATED THE CALMING, FOCUSING AND HEALING EFFECTS OF DRUMMING ON ALZHEIMER'S PATIENTS, AUTISTIC CHILDREN, EMOTIONALLY DISTURBED TEENS, RECOVERING ADDICTS, TRAUMA PATIENTS AND PRISON AND HOMELESS POPULATIONS. THE PROGRAM HAS BEEN RECEIVED VERY POSITIVELY BY PATIENTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | A FULL COPY OF FORM 990, ALONG WITH A NARRATIVE SUMMARY OF THE RETURN, IS DISTRIBUTED TO EACH OF THE PENN FOUNDATION TRUST'S BOARD OF DIRECTORS FOR INDIVIDUAL REVIEW. QUESTIONS, COMMENTS OR CONCERNS ARE ADDRESSED WITH THE CFO AND/OR CEO. BOARD MEMBERS APPROVE THE TAX RETURN FOR FILING BASED UPON THEIR REVIEW AND RESOLUTION OF ANY OUTSTANDING ISSUES OR QUESTIONS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE BOARD REVIEWS EXPENSES AND IF THERE WAS A CONFLICT OF INTEREST IT WOULD BE DISCLOSED IN THE MINUTES AND THE BOARD MEMBER WOULD ABSTAIN FROM THE DISCUSSION AND VOTING ON ANY ISSUES WHERE A CONFLICT OF INTEREST ARISES. THE CONFLICT OF INTEREST STATEMENTS ARE REVIEWED AND SIGNED OFF ON BY EACH OF THE BOARD MEMBERS ANNUALLY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE CEO AND THE CFO ARE COMPENSATED BY PENN FOUNDATION, INC. THEREFORE, PENN FOUNDATION'S COMPENSATION POLICY IS FOLLOWED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE COMPENSATION PROCESS USED FOR THE TOP OFFICIAL IS ALSO USED FOR ALL OFFICERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 19 |
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Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.