Civic Intelligence

Bbc Foundation Inc.

990 • Fiscal year 2019 • EIN 23-2732238

Jun 01, 2018 to May 31, 2019 • Filed on Feb 04, 2020

Organization ProfileWWW.BBCFOUNDATION.ORG
538 Venard RoadClarks Summit, PA 18411

(570) 585-9407

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

84th percentile

0.70x

Higher debt load relative to assets than 84% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

99th percentile

31.32x

Higher debt load relative to revenue than 99% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

79th percentile

22%

Higher net margin than 79% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

58th percentile

$138,740

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 73.4% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

9th percentile

-10%

Faster asset growth than 9% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

5th percentile

-52%

Faster revenue growth than 5% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets84th percentile

Assets

Down

$8,416,906

Down $985,664 (-10%) from 2018

Net Assets

Down

$2,495,711

Down $143,623 (-5.4%) from 2018

Liabilities

Down

$5,921,195

Down $842,041 (-12%) from 2018

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin79th percentile

Revenue

Down

$189,066

Down $205,323 (-52%) from 2018

Expenses

Down

$148,224

Down $328,157 (-69%) from 2018

Net Income

Up

$40,842

Up $122,834 (+150%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $12,008,354Liabilities 2010: $8,431,391Net Assets 2010: $3,576,9632010Assets 2011: $10,343,019Liabilities 2011: $6,398,278Net Assets 2011: $3,944,7412011Assets 2012: $9,729,605Liabilities 2012: $6,401,370Net Assets 2012: $3,328,2352012Assets 2013: $10,414,221Liabilities 2013: $6,724,793Net Assets 2013: $3,689,4282013Assets 2014: $10,296,715Liabilities 2014: $6,263,716Net Assets 2014: $4,032,9992014Assets 2015: $9,464,363Liabilities 2015: $5,913,073Net Assets 2015: $3,551,2902015Assets 2016: $9,736,448Liabilities 2016: $6,754,948Net Assets 2016: $2,981,5002016Assets 2017: $9,551,456Liabilities 2017: $6,771,114Net Assets 2017: $2,780,3422017Assets 2018: $9,402,570Liabilities 2018: $6,763,236Net Assets 2018: $2,639,3342018Assets 2019: $8,416,906Liabilities 2019: $5,921,195Net Assets 2019: $2,495,7112019Assets 2020: $7,866,988Liabilities 2020: $5,610,913Net Assets 2020: $2,256,0752020Assets 2021: $7,222,994Liabilities 2021: $4,451,920Net Assets 2021: $2,771,0742021Assets 2022: $6,714,271Liabilities 2022: $4,482,793Net Assets 2022: $2,231,4782022Assets 2023: $5,702,780Liabilities 2023: $3,765,511Net Assets 2023: $1,937,2692023Assets 2024: $6,166,541Liabilities 2024: $3,828,271Net Assets 2024: $2,338,2702024

Highlighted filing

2019

Assets$8,416,906
Liabilities$5,921,195
Net Assets$2,495,711
Open 2019 Filing

Operations Trend

Revenue Growth5th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $417,7122010Expenses 2011: $984,3302011Expenses 2012: $316,6302012Expenses 2013: $662,6302013Revenue 2014: $1,184,511Expenses 2014: $710,217Net Income 2014: $474,2942014Revenue 2015: $494,107Expenses 2015: $768,652Net Income 2015: -$274,5452015Revenue 2016: $439,048Expenses 2016: $372,578Net Income 2016: $66,4702016Revenue 2017: $617,685Expenses 2017: $820,456Net Income 2017: -$202,7712017Revenue 2018: $394,389Expenses 2018: $476,381Net Income 2018: -$81,9922018Revenue 2019: $189,066Expenses 2019: $148,224Net Income 2019: $40,8422019Revenue 2020: $204,983Expenses 2020: $344,739Net Income 2020: -$139,7562020Revenue 2021: $262,328Expenses 2021: $226,981Net Income 2021: $35,3472021Revenue 2022: $953,305Expenses 2022: $267,574Net Income 2022: $685,7312022Revenue 2023: -$149,482Expenses 2023: $274,485Net Income 2023: -$423,9672023Revenue 2024: $276,911Expenses 2024: $320,375Net Income 2024: -$43,4642024

Highlighted filing

2019

Revenue$189,066
Expenses$148,224
Net Income$40,842
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2018 to May 31, 2019
Signed
Feb 4, 2020
Return Version
2018v3.1
Gross Receipts
$2,963,841
Mission and Program Overview

Mission

Providing stewardship opportunities through planned giving, estates, and gifts for the benefit of clarks summit university.

Raise funds for related university.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,796,717$6,674,858▼ $1,121,859
Savings and Temporary Cash Investments-$200,108-
Other Notes and Loans Receivable, Net$126,858$80,849▼ $46,009
Cash and Non-Interest-Bearing Accounts$195,084$14,382▼ $180,702
Total Assets$9,402,570$8,416,906▼ $985,664
Other Assets Total$1,283,911$1,446,709▲ $162,798
Liabilities
Other Liabilities$5,257,428$4,490,515▼ $766,913
Unsecured Notes Loans Payable$1,499,880$1,424,880▼ $75,000
Accounts Payable and Accrued Expenses$5,928$5,800▼ $128
Total Liabilities$6,763,236$5,921,195▼ $842,041
Net Assets / Fund Balance
Permanently Rstr Net Assets$2,140,396$2,146,096▲ $5,700
Temporarily Rstr Net Assets$737,621$763,298▲ $25,677
Unrestricted Net Assets$-238,683$-413,683▼ $175,000
Total Net Assets Fund Balance$2,639,334$2,495,711▼ $143,623
Total Liabilities and Net Assets / Fund Balance$9,402,570$8,416,906▼ $985,664

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$1,446,709--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$2,560,196$5,700▼ $22,149$0$2,543,747
2017$2,488,884$9,300▲ $156,925$94,913$2,560,196
2016$2,286,500$15,900▲ $289,204$102,720$2,488,884
2015$2,432,953$49,700▼ $140,003$56,150$2,286,500
2014$2,366,216$8,500▲ $112,412$54,175$2,432,953
Compensation and Service Providers
Top Officer Pay58th percentile

Employees

NameTitleFull / Part TimeOtherTotal
James LytleBoard MemberPT$138,740$138,740

Board Members and Trustees

NameTitle
Tom BenefielBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$63,585
Program Service Revenue
$0
Investment Income
$125,481
Other Revenue
$0
All Other Contributions
$63,585
Change in Net Assets
$40,842

Audited Revenue Reconciliation

Revenue per Audited Statements
$189,066
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-115,409
Total Revenue per Audited Statements
$73,657
Total Revenue per Form 990
$189,066
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$138,349
Grants and Similar Amounts Paid$9,875
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$59,500--$59,500
Grants to Domestic Individuals$9,875--$9,875
Other Expenses$11,276$501-$501
Total Functional Expenses$147,723$501$0$148,224

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$148,224
Total Expenses per Audited Statements$91,071
Expenses per Audited Statements$88,724
Expenses Not Reported on Financial Statements$59,500
Other Expense Adjustments$59,500
Expenses Not Reported on Form 990$2,347
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Revocable Deposit Gift Agreements$1,925,441
Assets Held for Affiliates$1,182,897
Assets Held for Beneficiaries$582,783
Annuities Payable$486,952
Assets Held for Other Remaindermen$312,442
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The organization sends the draft 990 return to all trustees by electronic means. An email vote approving the 990 occurs prior to the submission deadline of the return.”

Form 990, Part VI, Section B, Line 12C

“Trustees and key employees are required to sign the conflict of interest statement annually. Signed copies are on file.”

Form 990, Part VI, Section C, Line 19

“The foundation makes it governing documents, conflict of interest policy and financial statements available to the public upon request.”

Form 990, Part VII - Reportable Compensation

“James lytle receives compensation from clarks summit university. Included in james lytle's compensation is a housing allowance in the amount of $52,000, which is both federal and fica exempt.”

Filing and Contact Details

Filer

Filer Name
Bbc Foundation Inc
EIN
23-2732238
Phone
5705859407
Address
538 VENARD ROAD, CLARKS SUMMIT, PA 18411

Signing Officer

Name
James Lytle
Title
President
Phone
5705859407
Signed
2020-02-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Lytle
Formed
1992
Legal Domicile
Pa
Voting Board Members
2
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
Mcgrail Merkel Quinn & Associates Pc
Address
1173 CLAY AVENUE, SCRANTON, PA 18510
Preparer
Mary Ann Novak CPA
Phone
5709610345
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Actuarial gain (loss) on annuities and life income trust -66,709.”

Form 990, Part XII - Line 2C

“The organization has not changed its auditor oversight or selection process during the tax year.”

Financial Statement Notes

PART X, LINE 2:

“In accordance with the financial accounting standards board guidance on accounting for uncertainty in income taxes, management evaluated the foundation's tax positions and concluded that the foundation had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. With few exceptions, the foundation is no longer subject to income tax examinations by the u.s. Federal, state or local tax authorities for years before may 31, 2015.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“TRANSFER TO UNIVERSITY”

Raw XML AppendixShowing 400 of 440 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0102720
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02432953
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt049700
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02286500
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-140003
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt056150
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02366216
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt08500
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02432953
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0112412
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt054175
IRS990ScheduleD/DisclosedForCharitablePrpsInd01
IRS990ScheduleD/DisclosedOrgLegCtrlInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt02347
IRS990ScheduleD/DonatedServicesUseFcltsAmt02347
IRS990ScheduleD/DonorAdvisedFundsHeldCnt02
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt028365
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt02347
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt059500
IRS990ScheduleD/ExpensesSubtotalAmt088724
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-117756
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01446709
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RECEIVABLE FROM AFFILIATE
IRS990ScheduleD/OtherExpensesNotIncludedAmt059500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01925441
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1486952
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21182897
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3582783
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4312442
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REVOCABLE DEPOSIT GIFT AGREEMENTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ANNUITIES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ASSETS HELD FOR AFFILIATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ASSETS HELD FOR BENEFICIARIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4ASSETS HELD FOR OTHER REMAINDERMEN
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.84000
IRS990ScheduleD/RevenueNotReportedAmt0-115409
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0189066
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IN ACCORDANCE WITH THE FINANCIAL ACCOUNTING STANDARDS BOARD GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE MAY 31, 2015.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1TRANSFER TO UNIVERSITY
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.16000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01446709
IRS990ScheduleD/TotalExpensesPerForm990Amt0148224
IRS990ScheduleD/TotalLiabilityAmt04490515
IRS990ScheduleD/TotalRevenuePerForm990Amt0189066
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt073657
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt091071
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt09875
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS TO VARIOUS STUDENTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt03
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION SENDS THE DRAFT 990 RETURN TO ALL TRUSTEES BY ELECTRONIC MEANS. AN EMAIL VOTE APPROVING THE 990 OCCURS PRIOR TO THE SUBMISSION DEADLINE OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST STATEMENT ANNUALLY. SIGNED COPIES ARE ON FILE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3JAMES LYTLE RECEIVES COMPENSATION FROM CLARKS SUMMIT UNIVERSITY. INCLUDED IN JAMES LYTLE'S COMPENSATION IS A HOUSING ALLOWANCE IN THE AMOUNT OF $52,000, WHICH IS BOTH FEDERAL AND FICA EXEMPT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACTUARIAL GAIN (LOSS) ON ANNUITIES AND LIFE INCOME TRUST -66,709.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION HAS NOT CHANGED ITS AUDITOR OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VII - REPORTABLE COMPENSATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII - LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CLARKS SUMMIT UNIVERSITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0150543962
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDES UNDERGRADUATE, GRADUATE, AND SEMINARY DEGREE PROGRAMS.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0509(A)(1)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0538 VENARD ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CLARKS SUMMIT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd018411
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd01
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt02347
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt159500
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1TRANSFER TO UNIVERSITY
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0CLARKS SUMMIT UNIVERSITY
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1CLARKS SUMMIT UNIVERSITY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0P
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1R
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd01
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0737621
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0763298
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt09402570
IRS990/TotalAssetsEOYAmt08416906
IRS990/TotalAssetsGrp/BOYAmt09402570
IRS990/TotalAssetsGrp/EOYAmt08416906
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt063585
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0501
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0147723
IRS990/TotalFunctionalExpensesGrp/TotalAmt0148224
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06763236
IRS990/TotalLiabilitiesEOYAmt05921195
IRS990/TotalLiabilitiesGrp/BOYAmt06763236
IRS990/TotalLiabilitiesGrp/EOYAmt05921195
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02639334
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02495711
IRS990/TotalOtherCompensationAmt012724
IRS990/TotalProgramServiceExpensesAmt0147723
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0106930
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt018551
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0189066
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09402570
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08416906
IRS990/TotReportableCompRltdOrgAmt0126016
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-238683
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-413683
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt01499880
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt01424880
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0538 VENARD ROAD
IRS990/USAddress/CityNm0CLARKS SUMMIT
IRS990/USAddress/StateAbbreviationCd0PA

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,416,906
Liabilities
$5,921,195
Net assets
$2,495,711
Revenue
$189,066
Expenses
$148,224
Net income
$40,842
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.17$3.83$2.34$0.28$0.32$0.04
2023Detailed filing. Detailed filing data is available for this year.$5.70$3.77$1.94$0.15$0.27$0.42
2022Detailed filing. Detailed filing data is available for this year.$6.71$4.48$2.23$0.95$0.27$0.69
2021Detailed filing. Detailed filing data is available for this year.$7.22$4.45$2.77$0.26$0.23$0.04
2020Detailed filing. Detailed filing data is available for this year.$7.87$5.61$2.26$0.20$0.34$0.14
2019Detailed filing. Detailed filing data is available for this year.$8.42$5.92$2.50$0.19$0.15$0.04
2018Detailed filing. Detailed filing data is available for this year.$9.40$6.76$2.64$0.39$0.48$0.08
2017Detailed filing. Detailed filing data is available for this year.$9.55$6.77$2.78$0.62$0.82$0.20
2016Detailed filing. Detailed filing data is available for this year.$9.74$6.75$2.98$0.44$0.37$0.07
2015Detailed filing. Detailed filing data is available for this year.$9.46$5.91$3.55$0.49$0.77$0.27
2014Detailed filing. Detailed filing data is available for this year.$10.3$6.26$4.03$1.18$0.71$0.47
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$6.72$3.69$0.66
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.73$6.40$3.33$0.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.3$6.40$3.94$0.98
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.0$8.43$3.58$0.42