Civic Intelligence

Collegian Inc.

990 • Fiscal year 2016 • EIN 24-0861373

Jun 01, 2015 to May 31, 2016 • Filed on Sep 12, 2016

Organization ProfileWWW.COLLEGIAN.PSU.EDU
123 South Burrowes StreetState College, PA 16801

(814) 865-2531

Siviq Scores

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

Liabilities / Assets

26th percentile

0.01x

Higher debt load relative to assets than 26% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

21st percentile

0.01x

Higher debt load relative to revenue than 21% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

20th percentile

-12%

Higher net margin than 20% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

68th percentile

$98,154

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 9.7% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

10th percentile

-13%

Faster asset growth than 10% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

36th percentile

-2.3%

Faster revenue growth than 36% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets26th percentile

Assets

Down

$846,788

Down $130,644 (-13%) from 2015

Net Assets

Down

$836,506

Down $125,888 (-13%) from 2015

Liabilities

Down

$10,282

Down $4,756 (-32%) from 2015

Revenue And Expenses
Liabilities / Revenue21st percentileNet Margin20th percentile

Revenue

Down

$1,012,388

Down $24,075 (-2.3%) from 2015

Expenses

Down

$1,138,276

Down $90,881 (-7.4%) from 2015

Net Income

Up

-$125,888

Up $66,806 (+35%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2012: $1,099,545Liabilities 2012: $22,086Net Assets 2012: $1,077,4592012Assets 2013: $1,162,439Liabilities 2013: $25,090Net Assets 2013: $1,137,3492013Assets 2014: $1,177,233Liabilities 2014: $22,145Net Assets 2014: $1,155,0882014Assets 2015: $977,432Liabilities 2015: $15,038Net Assets 2015: $962,3942015Assets 2016: $846,788Liabilities 2016: $10,282Net Assets 2016: $836,5062016Assets 2017: $879,409Liabilities 2017: $20,656Net Assets 2017: $858,7532017Assets 2018: $972,975Liabilities 2018: $41,970Net Assets 2018: $931,0052018Assets 2019: $969,173Liabilities 2019: $32,839Net Assets 2019: $936,3342019Assets 2020: $1,017,823Liabilities 2020: $81,344Net Assets 2020: $936,4792020Assets 2021: $1,104,608Liabilities 2021: $3,821Net Assets 2021: $1,100,7872021Assets 2022: $1,162,764Liabilities 2022: $2,206Net Assets 2022: $1,160,5582022Assets 2023: $1,614,574Liabilities 2023: $160,508Net Assets 2023: $1,454,0662023Assets 2024: $1,603,769Liabilities 2024: $137,344Net Assets 2024: $1,466,4252024

Highlighted filing

2016

Assets$846,788
Liabilities$10,282
Net Assets$836,506
Open 2016 Filing

Operations Trend

Revenue Growth36th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2012: $1,396,0642012Expenses 2013: $1,332,2122013Revenue 2014: $1,285,990Expenses 2014: $1,268,251Net Income 2014: $17,7392014Revenue 2015: $1,036,463Expenses 2015: $1,229,157Net Income 2015: -$192,6942015Revenue 2016: $1,012,388Expenses 2016: $1,138,276Net Income 2016: -$125,8882016Revenue 2017: $995,771Expenses 2017: $973,524Net Income 2017: $22,2472017Revenue 2018: $908,076Expenses 2018: $835,824Net Income 2018: $72,2522018Revenue 2019: $790,452Expenses 2019: $785,123Net Income 2019: $5,3292019Revenue 2020: $700,561Expenses 2020: $700,416Net Income 2020: $1452020Revenue 2021: $813,447Expenses 2021: $649,139Net Income 2021: $164,3082021Revenue 2022: $698,831Expenses 2022: $639,060Net Income 2022: $59,7712022Revenue 2023: $894,071Expenses 2023: $600,563Net Income 2023: $293,5082023Revenue 2024: $592,814Expenses 2024: $580,455Net Income 2024: $12,3592024

Highlighted filing

2016

Revenue$1,012,388
Expenses$1,138,276
Net Income-$125,888
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2015 to May 31, 2016
Signed
Sep 12, 2016
Return Version
2015v2.1
Gross Receipts
$1,012,388
Mission and Program Overview

Mission

To publish a quality collegiate newspaper for the penn state community and to provide a rewarding educational experience for the student staff members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$850,000$575,000▼ $275,000
Cash and Non-Interest-Bearing Accounts$10,430$191,345▲ $180,915
Accounts Receivable$51,099$39,615▼ $11,484
Land, Buildings, and Equipment, Net$42,731$30,620▼ $12,111
Prepaid Expenses and Deferred Charges$22,668$9,742▼ $12,926
Total Assets$977,432$846,788▼ $130,644
Other Assets Total$504$466▼ $38
Liabilities
Deferred Revenue$10,790$6,633▼ $4,157
Accounts Payable and Accrued Expenses$4,248$3,649▼ $599
Total Liabilities$15,038$10,282▼ $4,756
Net Assets / Fund Balance
Unrestricted Net Assets$962,394$836,506▼ $125,888
Total Net Assets Fund Balance$962,394$836,506▼ $125,888
Total Liabilities and Net Assets / Fund Balance$977,432$846,788▼ $130,644

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$30,620$833,787$864,407
Compensation and Service Providers
Top Officer Pay68th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Patricia HartranftSecretary, General ManagerFT$87,404$10,750$98,154

Board Members and Trustees

NameTitle
Carol WhitePresident
Ryan McmanusVice President
Jan MilesDirector
John DillonDirector
Kristen SonstebyDirector
Kyle RutterDirector
Michael SchmierbachDirector
Stephen SotoDirector
Sara CudemoBusiness Manager
Shannon SweeneyEditor in Chief
James CarlsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,084
Program Service Revenue
$1,002,828
Investment Income
$3,476
Other Revenue
$0
All Other Contributions
$6,084
Change in Net Assets
$-125,888

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,012,388
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$27,372
Total Revenue per Audited Statements
$1,039,760
Total Revenue per Form 990
$1,012,388
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$523,935
Other Expenses$477,463
Grants and Similar Amounts Paid$136,878
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$267,958$57,017-$324,975
Occupancy$104,144$34,715-$138,859
Grants to Domestic Individuals$136,878--$136,878
Current Officers, Directors, Trustees, and Key Employees$58,892$39,262-$98,154
Office Expenses$68,475$22,905-$91,380
Other Employee Benefits$46,254$9,842-$56,096
Payroll Taxes$34,537$10,173-$44,710
Information Technology$30,896--$30,896
Travel$18,265--$18,265
Depreciation Depletion$17,030--$17,030
Advertising$13,265--$13,265
Insurance$9,522$1,956-$11,478
Fees for Services Accounting-$6,600-$6,600
Other Expenses$1,720--$1,720
Fees for Services Legal-$1,165-$1,165
Total Functional Expenses$954,641$183,635$0$1,138,276

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,165,648
Expenses per Audited Statements$1,138,276
Total Expenses per Form 990$1,138,276
Expenses Not Reported on Form 990$27,372
Expenses Not Reported on Financial Statements$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11

“The final draft of the form 990 is distributed and reviewed by the board of directors. After approval by the board of directors, the final form 990 is filed with the internal revenue service.”

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

“Annually, each director shall sign a statement which confirms that he or she has received and understands the conflict of interest policy and has agreed to comply with the policy. The statement shall also confirm that the board member understands the nature of the non-profit status of the company and that compliance with this policy protects that status.”

Form 990, Part VI, Section B, line 15A

“The annual compensation of the top management official is reviewed and approved by the board of directors, who uses market comparisons for comparable positions to identify reasonable compensation and benefit levels. This process was completed in december 2013 for the general manager. The organization does not compensate any other directors or officers and no other employees meet the irs' definition of a key employee.”

Form 990, Part VI, Section C, line 19

“When a request is received for public inspection of the governing documents and/or the financial statements, the board of directors will evaluate the facts and circumstances specific to the individual request to determine if the request will be granted.”

Filing and Contact Details

Filer

Filer Name
Collegian Inc
EIN
24-0861373
Phone
8148652531
Address
123 SOUTH BURROWES STREET, STATE COLLEGE, PA 16801

Signing Officer

Name
Carol White
Title
President
Phone
8148652531
Signed
2016-09-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patricia Hartranft
Formed
1940
Legal Domicile
Pa
Voting Board Members
11
Independent Board Members
9
Employees
17
Volunteers
188

Preparer

Firm
Baker Tilly Virchow Krause LLP
Address
1423 N Atherton Street, State College, PA 16803
Preparer
Brandon M Zlupko
Phone
8142388474
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

“The corporation is exempt from federal income taxes as a corporation described under section 501(c)(3) of the irc, except for net income derived from unrelated business activities, if any. The corporation's open audit periods are 2012 through 2014. Asc no. 740-10, "income taxes" prescribes a comprehensive model for how an organization should measure, recognize, present, and disclose uncertain positions taken on its tax returns. The corporation believes that it has appropriate support for tax positions taken and, as such, does not have any uncertain tax positions that are material to the financial statements.”

Raw XML AppendixShowing 400 of 457 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/Desc0THE COLLEGIAN EDUCATES STUDENTS ABOUT THE FIELDS OF JOURNALISM, BUSINESS, MANAGEMENT, AND PUBLISHING BY SUPERVISING THE PREPARATION, PRINTING, AND DISTRIBUTION OF THE DAILY COLLEGIAN, THE WEEKLY COLLEGIAN, AND THE COLLEGIAN MAGAZINE, P.S, AND THE DAILY COLLEGIAN ONLINE. THE CORPORATION'S REVENUE IS PRIMARILY DERIVED FROM THE CIRCULATION OF AND ADVERTISEMENTS PLACED IN THE PUBLICATIONS NOTED ABOVE.
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IRS990/Form990PartVIISectionAGrp/PersonNm10JAN MILES
IRS990/Form990PartVIISectionAGrp/PersonNm11PATRICIA HARTRANFT
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3EDITOR IN CHIEF
IRS990/Form990PartVIISectionAGrp/TitleTxt4BUSINESS MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11SECRETARY, GENERAL MANAGER
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IRS990/OtherAssetsTotalGrp/EOYAmt0466
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09842
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt046254
IRS990/OtherEmployeeBenefitsGrp/TotalAmt056096
IRS990/OtherExpensesGrp/Desc0PRINTING
IRS990/OtherExpensesGrp/Desc1ASSOCIATED PRESS SERVIC
IRS990/OtherExpensesGrp/Desc2SUBSCRIPTIONS AND DUES
IRS990/OtherExpensesGrp/ProgramServicesAmt0135136
IRS990/OtherExpensesGrp/ProgramServicesAmt111669
IRS990/OtherExpensesGrp/ProgramServicesAmt21720
IRS990/OtherExpensesGrp/TotalAmt0135136
IRS990/OtherExpensesGrp/TotalAmt111669
IRS990/OtherExpensesGrp/TotalAmt21720
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt057017
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0267958
IRS990/OtherSalariesAndWagesGrp/TotalAmt0324975
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010173
IRS990/PayrollTaxesGrp/ProgramServicesAmt034537
IRS990/PayrollTaxesGrp/TotalAmt044710
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt022668
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09742
IRS990/PrincipalOfficerNm0PATRICIA HARTRANFT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0511110
IRS990/ProgramServiceRevenueGrp/BusinessCd1511110
IRS990/ProgramServiceRevenueGrp/Desc0Advertising Revenue
IRS990/ProgramServiceRevenueGrp/Desc1CIRCULATION REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0582163
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1413930
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0582163
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1413930
IRS990/ProgSrvcAccomActy2Grp/Desc0THE COLLEGIAN OFFERS SCHOLARSHIPS TO ENCOURAGE STUDENTS TO PARTICIPATE ON THE STAFF OF THE STUDENT NEWSPAPER AND TO ASSIST STUDENTS IN PAYING FOR THEIR COLLEGE EDUCATION AT PENN STATE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0136878
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0136878
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0151121
IRS990/PYInvestmentIncomeAmt04182
IRS990/PYOtherExpensesAmt0529165
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01032281
IRS990/PYRevenuesLessExpensesAmt0-192694
IRS990/PYSalariesCompEmpBnftPaidAmt0548871
IRS990/PYTotalExpensesAmt01229157
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01036463
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-125888
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01008912
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0850000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0575000
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt027372
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0246000376
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt027372
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE PENNSYLVANIA STATE UNIVERSITY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt027372
IRS990ScheduleD/DonatedServicesUseFcltsAmt027372
IRS990ScheduleD/EquipmentGrp/BookValueAmt030620
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0833787
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0864407
IRS990ScheduleD/ExpensesNotReportedAmt027372
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01138276
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt027372
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01012388
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAXES AS A CORPORATION DESCRIBED UNDER SECTION 501(C)(3) OF THE IRC, EXCEPT FOR NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES, IF ANY. THE CORPORATION'S OPEN AUDIT PERIODS ARE 2012 THROUGH 2014. ASC NO. 740-10, "INCOME TAXES" PRESCRIBES A COMPREHENSIVE MODEL FOR HOW AN ORGANIZATION SHOULD MEASURE, RECOGNIZE, PRESENT, AND DISCLOSE UNCERTAIN POSITIONS TAKEN ON ITS TAX RETURNS. THE CORPORATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt030620
IRS990ScheduleD/TotalExpensesPerForm990Amt01138276
IRS990ScheduleD/TotalRevenuePerForm990Amt01012388
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01039760
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01165648
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0136878
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS BASED ON POSITION HELD ON STUDENT NEWSPAPER STAFF
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt069
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0COST
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE COLLEGIAN OFFERS SCHOLARSHIPS TO ENCOURAGE STUDENTS TO PARTICIPATE ON THE STAFF OF THE STUDENT NEWSPAPER AND TO ASSIST STUDENTS IN PAYING FOR THEIR COLLEGE EDUCATION AT PENN STATE. SCHOLARSHIPS ARE AWARDED TO STUDENTS WHO HAVE BEEN SELECTED FOR CERTAIN POSITIONS ON THE STUDENT NEWSPAPER STAFF. SELECTIONS FOR POSITIONS ARE BASED ON ACHIEVEMENT AND ABILITY. THE COLLEGIAN ADMINSTERS THEIR SCHOLARSHIP PROGRAM IN ACCORDANCE WITH THEIR WRITTEN PROCESS, WHICH WAS APOPTED ON MAY 12, 1992. TO ENSURE RECIPIENTS CONTINUE TO MEET ELIGIBILITY REQUIREMENTS, EACH SEMESTER GENERAL SERVICES CONFIRMS ENROLLMENT WITH PENN STATE'S REGISTRAR PRIOR TO DISTRIBUTING AWARDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/CashGrantAmt06010
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/CashGrantAmt16010
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/PersonNm0SHANNON SWEENEY EDITOR IN CHIEF
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/PersonNm1SARA CUDEMO BUSINESS MANAGER
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/RelationshipWithOrgTxt0Designated to board due to position held on student newspaper staff
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/RelationshipWithOrgTxt1Designated to board due to position held on student newspaper staff
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/TypeOfAssistanceTxt0SCHOLARSHIPS BASED ON POSITION HELD ON STUDENT NEWSPAPER STAFF
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/TypeOfAssistanceTxt1sCHOLARSHIPS BASED ON POSITION HELD ON STUDENT NEWSPAPER STAFF
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FINAL DRAFT OF THE FORM 990 IS DISTRIBUTED AND REVIEWED BY THE BOARD OF DIRECTORS. AFTER APPROVAL BY THE BOARD OF DIRECTORS, THE FINAL FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUALLY, EACH DIRECTOR SHALL SIGN A STATEMENT WHICH CONFIRMS THAT HE OR SHE HAS RECEIVED AND UNDERSTANDS THE CONFLICT OF INTEREST POLICY AND HAS AGREED TO COMPLY WITH THE POLICY. THE STATEMENT SHALL ALSO CONFIRM THAT THE BOARD MEMBER UNDERSTANDS THE NATURE OF THE NON-PROFIT STATUS OF THE COMPANY AND THAT COMPLIANCE WITH THIS POLICY PROTECTS THAT STATUS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ANNUAL COMPENSATION OF THE TOP MANAGEMENT OFFICIAL IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS, WHO USES MARKET COMPARISONS FOR COMPARABLE POSITIONS TO IDENTIFY REASONABLE COMPENSATION AND BENEFIT LEVELS. THIS PROCESS WAS COMPLETED IN DECEMBER 2013 FOR THE GENERAL MANAGER. THE ORGANIZATION DOES NOT COMPENSATE ANY OTHER DIRECTORS OR OFFICERS AND NO OTHER EMPLOYEES MEET THE IRS' DEFINITION OF A KEY EMPLOYEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WHEN A REQUEST IS RECEIVED FOR PUBLIC INSPECTION OF THE GOVERNING DOCUMENTS AND/OR THE FINANCIAL STATEMENTS, THE BOARD OF DIRECTORS WILL EVALUATE THE FACTS AND CIRCUMSTANCES SPECIFIC TO THE INDIVIDUAL REQUEST TO DETERMINE IF THE REQUEST WILL BE GRANTED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0977432
IRS990/TotalAssetsEOYAmt0846788
IRS990/TotalAssetsGrp/BOYAmt0977432
IRS990/TotalAssetsGrp/EOYAmt0846788
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt06084
IRS990/TotalEmployeeCnt017
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0183635
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0954641
IRS990/TotalFunctionalExpensesGrp/TotalAmt01138276
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt015038
IRS990/TotalLiabilitiesEOYAmt010282
IRS990/TotalLiabilitiesGrp/BOYAmt015038
IRS990/TotalLiabilitiesGrp/EOYAmt010282
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0962394
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0836506
IRS990/TotalOtherCompensationAmt010750

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$846,788
Liabilities
$10,282
Net assets
$836,506
Revenue
$1,012,388
Expenses
$1,138,276
Net income
-$125,888
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.60$0.14$1.47$0.59$0.58$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.61$0.16$1.45$0.89$0.60$0.29
2022Detailed filing. Detailed filing data is available for this year.$1.16$0.00$1.16$0.70$0.64$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.10$0.00$1.10$0.81$0.65$0.16
2020Detailed filing. Detailed filing data is available for this year.$1.02$0.08$0.94$0.70$0.70$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.97$0.03$0.94$0.79$0.79$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.97$0.04$0.93$0.91$0.84$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.88$0.02$0.86$1.00$0.97$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.85$0.01$0.84$1.01$1.14$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.98$0.02$0.96$1.04$1.23$0.19
2014Detailed filing. Detailed filing data is available for this year.$1.18$0.02$1.16$1.29$1.27$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.03$1.14$1.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.02$1.08$1.40