Civic Intelligence

The Bloomsburg University Foundationinc

EIN 23-7088491 • 501(c)3 • Bloomsburg, PA

Profile

The bloomsburg university foundation, inc. Solicits, manages and grows the financial base of support available to bloomsburg university and distributes resources in accordance with stakeholder intent.

50 East Main Street 4th FloorBloomsburg, PA 17815

www.bloomufdn.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

35th percentile

0.14x

Higher debt load relative to assets than 35% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Liabilities / Revenue

76th percentile

1.17x

Higher debt load relative to revenue than 76% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Net Margin

58th percentile

7.3%

Higher net margin than 58% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Top Officer Pay

19th percentile

$262,276

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Asset Growth

46th percentile

4.9%

Faster asset growth than 46% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2024 to 2025

Revenue Growth

7th percentile

-25%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets35th percentile

Assets

Up

$116,643,608

Up $22,384,419 (+24%) from 2022

Liabilities

Down

$16,466,357

Down $1,907,940 (-10%) from 2022

Net Assets

Up

$100,177,251

Up $24,292,359 (+32%) from 2022

Operations
Liabilities / Revenue76th percentileNet Margin58th percentile

Revenue

Down

$14,102,476

Down $5,656,163 (-29%) from 2022

Expenses

Up

$13,070,215

Up $5,296,899 (+68%) from 2022

Net Income

Down

$1,032,261

Down $10,953,062 (-91%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth46th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150M$100M$50M$0Assets 2013: $31,218,335Liabilities 2013: $3,303,544Net Assets 2013: $27,914,7912013Assets 2014: $38,115,987Liabilities 2014: $2,939,463Net Assets 2014: $35,176,5242014Assets 2015: $46,990,907Liabilities 2015: $8,655,440Net Assets 2015: $38,335,4672015Assets 2017: $62,617,510Liabilities 2017: $13,088,516Net Assets 2017: $49,528,9942017Assets 2018: $67,185,134Liabilities 2018: $13,202,783Net Assets 2018: $53,982,3512018Assets 2019: $79,201,986Liabilities 2019: $20,181,241Net Assets 2019: $59,020,7452019Assets 2021: $97,551,907Liabilities 2021: $19,858,491Net Assets 2021: $77,693,4162021Assets 2022: $94,259,189Liabilities 2022: $18,374,297Net Assets 2022: $75,884,8922022Assets 2025: $116,643,608Liabilities 2025: $16,466,357Net Assets 2025: $100,177,2512025

Highlighted filing

2025

Assets$116,643,608
Liabilities$16,466,357
Net Assets$100,177,251
Open 2025 Filing

Operations Trend

Revenue Growth7th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$15M$10M$5.0M$0Expenses 2013: $3,342,4292013Revenue 2014: $12,767,818Expenses 2014: $4,168,704Net Income 2014: $8,599,1142014Revenue 2015: $10,286,169Expenses 2015: $4,920,699Net Income 2015: $5,365,4702015Revenue 2017: $11,372,282Expenses 2017: $5,470,289Net Income 2017: $5,901,9932017Revenue 2018: $13,670,758Expenses 2018: $5,592,985Net Income 2018: $8,077,7732018Revenue 2019: $10,643,796Expenses 2019: $6,488,395Net Income 2019: $4,155,4012019Revenue 2021: $7,727,266Expenses 2021: $6,093,569Net Income 2021: $1,633,6972021Revenue 2022: $19,758,639Expenses 2022: $7,773,316Net Income 2022: $11,985,3232022Revenue 2025: $14,102,476Expenses 2025: $13,070,215Net Income 2025: $1,032,2612025

Highlighted filing

2025

Revenue$14,102,476
Expenses$13,070,215
Net Income$1,032,261
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$116,643,608
Liabilities
$16,466,357
Net assets
$100,177,251
Revenue
$14,102,476
Expenses
$13,070,215
Net income
$1,032,261
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$117$16.5$100$14.1$13.1$1.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$94.3$18.4$75.9$19.8$7.77$12.0
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$97.6$19.9$77.7$7.73$6.09$1.63
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$79.2$20.2$59.0$10.6$6.49$4.16
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$67.2$13.2$54.0$13.7$5.59$8.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$62.6$13.1$49.5$11.4$5.47$5.90
2015Detailed filing. Detailed filing data is available for this year.$47.0$8.66$38.3$10.3$4.92$5.37
2014Detailed filing. Detailed filing data is available for this year.$38.1$2.94$35.2$12.8$4.17$8.60
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.2$3.30$27.9$3.34
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 20, 2026
Return Version
2024v5.5
Gross Receipts
$30,996,966
Mission and Program Overview

Mission

The bloomsburg university foundation, inc. Inspires and stewards philanthropy and other revenue growth in support of commonwealth university.

See schedule o. The bloomsburg university foundation, inc. Inspires and stewards philanthropy and other revenue growth in support of commonwealth university - bloomsburg.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$74,680,767$84,077,846▲ $9,397,079
Land, Buildings, and Equipment, Net$18,222,677$17,533,516▼ $689,161
Pledges and Grants Receivable$13,686,632$11,362,756▼ $2,323,876
Savings and Temporary Cash Investments$1,645,867$634,878▼ $1,010,989
Prepaid Expenses and Deferred Charges$737,296$497,357▼ $239,939
Total Assets$111,148,107$116,643,608▲ $5,495,501
Other Assets Total$2,174,868$2,537,255▲ $362,387
Liabilities
Mortgage Notes Payable Secured by Investment Property$16,028,880$15,546,379▼ $482,501
Other Liabilities$633,664$775,050▲ $141,386
Accounts Payable and Accrued Expenses$155,453$144,928▼ $10,525
Total Liabilities$16,817,997$16,466,357▼ $351,640
Net Assets / Fund Balance
Net Assets With Donor Restrictions$90,503,228$95,159,176▲ $4,655,948
Net Assets Without Donor Restrictions$3,826,882$5,018,075▲ $1,191,193
Total Net Assets Fund Balance$94,330,110$100,177,251▲ $5,847,141
Total Liabilities and Net Assets / Fund Balance$111,148,107$116,643,608▲ $5,495,501

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$14,348,743$6,099,101$20,447,844
Land$2,601,785-$2,601,785
Equipment$582,988-$582,988

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$70,164,981$4,179,551▲ $7,586,873$5,599,499$72,987,090
2023$63,268,867$3,110,611▲ $6,792,870-$70,164,981
2022$57,028,130$2,537,394▲ $5,671,190-$63,268,867
2021$64,333,486$4,211,331▼ $9,301,099-$57,028,130
2020$51,400,850$859,511▲ $14,653,844-$64,333,486
Compensation and Service Providers
Top Officer Pay19th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jerome DvorakExecutive DirectorFT$194,954$67,322$262,276
Stephanie UlmerVP of AdvancementFT$142,990$43,273$186,263
Joseph NemethMajor Gift OfficerFT$127,827$55,899$183,726

Board Members and Trustees

NameTitle
Stephen JonesChairman
Michael GillespieVice Chair
Christen MowadDirector
Drew HostetterDirector
Harold BaileyDirector
Irvin WrightDirector
Jahri EvansDirector
Joel ShowalterDirector
John MulkaDirector
John WolakDirector
Juli MillerDirector
Julie BreinerDirector
Marc SteckelDirector
Maria CannonDirector
Michael BoguskiDirector
Ronn CortDirector
Sharon GettelDirector
Terry ZeiglerDirector
Nicholas GiuffreCorresponding Secretary
Susan FettermanInterim Secretary
Craig DiehlTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,627,902
Program Service Revenue
$3,049,203
Investment Income
$4,417,145
Other Revenue
$8,226
All Other Contributions
$6,627,902
Change in Net Assets
$1,032,261

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Clothing and Household Goods-$25,043Fair Value
Food Inventory3$20,840Fair Value
Works of Art6$7,400Fair Value
Other Non Cash Contri Table8$1,183Retail Value
Total Noncash Contributions17$54,466-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$5,408,833
Other Expenses$4,875,045
Salaries, Compensation, and Employee Benefits$2,786,337
Total Fundraising Expense$2,586,020
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$5,408,833--$5,408,833
Other Salaries and Wages$204,077$620,084$1,022,998$1,847,159
Fees for Services Management-$402,460-$402,460
Other Employee Benefits$5,655$100,270$241,276$347,201
Current Officers, Directors, Trustees, and Key Employees$21,459$105,693$140,568$267,720
Travel$178,147$8,241$70,931$257,319
Payroll Taxes$9,498$93,100$89,571$192,169
All Other Expenses$31,939$49,490$88,556$169,985
Fees for Service Investment Mgmnt Fees-$142,693-$142,693
Pension Plan Contributions$6,627$59,382$66,079$132,088
Advertising$80,320$2,926$21,244$104,490
Other Expenses$579$40,652$59,636$100,867
Interest-$56,817$39,224$96,041
Depreciation Depletion-$48,890$34,510$83,400
Occupancy-$41,526-$41,526
Insurance-$8,886$6,401$15,287
Total Functional Expenses$8,357,150$2,127,045$2,586,020$13,070,215
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Commonwealth University of PennsylvaniaBloomsburg, PA-Scholarships/university Support$5,408,833
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

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
Agency Funds Held$476,495
Security Deposits$121,352
Annuities Payable$93,867
Payroll Tax & W/h Liabilities$83,336

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACol Cty Ind Dev Athy2013-12-17$7,250,000Construction of new facility

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$7,200,533---

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
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 35% controlled entity
No
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
Yes
Other officer compensation reviewed
Yes
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

“Form 990 made available to all board members via private web site for review and comment prior to being filed.”

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

“Annual disclosure of potential conflicts required of all board members and key employees.”

Form 990, Part VI, Section B, Line 15

“Compensation reviewed annually by board of directors in relation to compensation of comparable positions.”

Form 990, Part VI, Section C, Line 19

“Documents provided upon request in person during normal business hours or in writing.”

Filing and Contact Details

Filer

Filer Name
The Bloomsburg University Foundationinc
EIN
23-7088491
Phone
5703894995
Address
50 EAST MAIN STREET 4TH FLOOR, BLOOMSBURG, PA 17815

Signing Officer

Name
Jerome Dvorak
Title
Executive Director
Phone
5703894995
Signed
2026-01-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jerome Dvorak
Formed
1970
Legal Domicile
Pa
Voting Board Members
23
Independent Board Members
23
Employees
78
Volunteers
740

Preparer

Firm
Mckonly & Asbury Llp
Address
415 FALLOWFIELD ROAD, CAMP HILL, PA 17011
Preparer
Alyssa N Irish
Phone
7177617910
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Change in present value of split interest agreements -75,800.”

Part XII, Line 2C

“The process has not changed from the prior year.”

Financial Statement Notes

PART III, LINE 4:

“Artistic items are displayed for public beauty”

PART V, LINE 4:

“Endowments are held to generate investment income that is used to fund scholarships for the benefit of the students attending commonwealth university.”

PART X, LINE 2:

“The foundation adheres to the provisions of financial accounting standards board (fasb) accounting standards codification (asc) 740, income taxes (asc 740). Asc 740 establishes rules for recognizing and measuring tax positions in an income tax return, including disclosures of uncertain tax positions (utps). Asc 740 mandates that organizations evaluate all material income tax positions for periods that remain open under applicable statutes of limitation, as well as positions expected to be taken in future returns. The utp rules then impose a recognition threshold on each tax position. An organization can recognize an income tax benefit only if the position has a "more likely than not" (i.e. More than 50 percent) chance of being sustained on its technical merits. During 2025, the foundation has taken no material tax positions on its applicable tax filings that do not meet the more likely than not threshold. As a result, no amount for utps has been included in the consolidated financial statements. The foundation is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The foundation believes it is no longer subject to income tax examinations for years prior to fiscal year ended june 30, 2022.”

Raw XML AppendixShowing 400 of 921 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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IRS990/ActivityOrMissionDesc0SEE SCHEDULE O. THE BLOOMSBURG UNIVERSITY FOUNDATION, INC. INSPIRES AND STEWARDS PHILANTHROPY AND OTHER REVENUE GROWTH IN SUPPORT OF COMMONWEALTH UNIVERSITY - BLOOMSBURG.
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IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
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