Civic Intelligence

Collegian Inc.

990 • Fiscal year 2019 • EIN 24-0861373

Jun 01, 2018 to May 31, 2019 • Filed on Nov 18, 2019

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

51st percentile

0.03x

Higher debt load relative to assets than 51% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

55th percentile

0.04x

Higher debt load relative to revenue than 55% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

42nd percentile

0.7%

Higher net margin than 42% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

83rd percentile

$85,300

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 10.8% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

38th percentile

-0.4%

Faster asset growth than 38% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

21st percentile

-13%

Faster revenue growth than 21% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets51st percentile

Assets

Down

$969,173

Down $3,802 (-0.4%) from 2018

Net Assets

Up

$936,334

Up $5,329 (+0.6%) from 2018

Liabilities

Down

$32,839

Down $9,131 (-22%) from 2018

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin42nd percentile

Revenue

Down

$790,452

Down $117,624 (-13%) from 2018

Expenses

Down

$785,123

Down $50,701 (-6.1%) from 2018

Net Income

Down

$5,329

Down $66,923 (-93%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth38th 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

2019

Assets$969,173
Liabilities$32,839
Net Assets$936,334
Open 2019 Filing

Operations Trend

Revenue Growth21st 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

2019

Revenue$790,452
Expenses$785,123
Net Income$5,329
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2018 to May 31, 2019
Signed
Nov 18, 2019
Return Version
2018v3.1
Gross Receipts
$790,452
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$800,000$850,000▲ $50,000
Cash and Non-Interest-Bearing Accounts$115,922$47,142▼ $68,780
Accounts Receivable$25,621$34,502▲ $8,881
Prepaid Expenses and Deferred Charges$8,483$20,904▲ $12,421
Land, Buildings, and Equipment, Net$22,376$15,125▼ $7,251
Total Assets$972,975$969,173▼ $3,802
Other Assets Total$573$1,500▲ $927
Liabilities
Accounts Payable and Accrued Expenses$38,778$30,588▼ $8,190
Deferred Revenue$3,192$2,251▼ $941
Total Liabilities$41,970$32,839▼ $9,131
Net Assets / Fund Balance
Unrestricted Net Assets$931,005$936,334▲ $5,329
Total Net Assets Fund Balance$931,005$936,334▲ $5,329
Total Liabilities and Net Assets / Fund Balance$972,975$969,173▼ $3,802

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$15,125$865,297$880,422
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Wayne LowmanSecretary, General ManagerFT$85,300$85,300

Board Members and Trustees

NameTitle
John DillonPresident
Brad GroznikVice President
Bill ZimmermanDirector
Maggie AndersonDirector
Maia HillDirector
Spencer DavisDirector
Colsen AckroydBusiness Manager
Elena RoseEditor in Chief
Ty StrohlTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$185
Program Service Revenue
$774,002
Investment Income
$16,265
Other Revenue
$0
All Other Contributions
$185
Change in Net Assets
$5,329
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$346,914
Other Expenses$308,232
Grants and Similar Amounts Paid$129,977
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$155,780$40,870-$196,650
Grants to Domestic Individuals$129,977--$129,977
Occupancy$87,897$29,299-$117,196
Current Officers, Directors, Trustees, and Key Employees$51,180$34,120-$85,300
Office Expenses$30,214$16,158-$46,372
Other Employee Benefits$28,268$7,416-$35,684
Payroll Taxes$21,492$7,788-$29,280
Travel$24,331--$24,331
Advertising$24,115--$24,115
Information Technology$23,345--$23,345
Insurance$10,853$2,124-$12,977
Depreciation Depletion$9,596--$9,596
Fees for Services Accounting-$4,500-$4,500
Fees for Services Legal-$4,353-$4,353
Other Expenses$1,144--$1,144
Total Functional Expenses$638,495$146,628$0$785,123
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 11B

“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
Wayne Lowman
Title
General Manager and Secretary
Phone
8148652531
Signed
2019-11-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wayne Lowman
Formed
1940
Legal Domicile
Pa
Voting Board Members
9
Independent Board Members
7
Employees
10
Volunteers
120

Preparer

Firm
Baker Tilly Virchow Krause Llp
Address
431 SCIENCE PARK ROAD SUITE 302, STATE COLLEGE, PA 16803
Preparer
Justin W Smith
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 2016 through 2018. 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 432 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.

Path#Value
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt038778
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt030588
IRS990/AccountsReceivableGrp/BOYAmt025621
IRS990/AccountsReceivableGrp/EOYAmt034502
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PUBLISH A QUALITY COLLEGIATE NEWSPAPER FOR THE PENN STATE COMMUNITY AND TO PROVIDE A REWARDING EDUCATIONAL EXPERIENCE FOR THE STUDENT STAFF MEMBERS.
IRS990/AdvertisingGrp/ProgramServicesAmt024115
IRS990/AdvertisingGrp/TotalAmt024115
IRS990/AllOtherContributionsAmt0185
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0GENERAL MANAGER
IRS990/BooksInCareOfDetail/PhoneNum08148652531
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0123 SOUTH BURROWES STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0STATE COLLEGE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd016801
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0115922
IRS990/CashNonInterestBearingGrp/EOYAmt047142
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt034120
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt051180
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt085300
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0185
IRS990/CYGrantsAndSimilarPaidAmt0129977
IRS990/CYInvestmentIncomeAmt016265
IRS990/CYOtherExpensesAmt0308232
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0774002
IRS990/CYRevenuesLessExpensesAmt05329
IRS990/CYSalariesCompEmpBnftPaidAmt0346914
IRS990/CYTotalExpensesAmt0785123
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0790452
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt03192
IRS990/DeferredRevenueGrp/EOYAmt02251
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt09596
IRS990/DepreciationDepletionGrp/TotalAmt09596
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.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt010
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0508518
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04500
IRS990/FeesForServicesAccountingGrp/TotalAmt04500
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt04353
IRS990/FeesForServicesLegalGrp/TotalAmt04353
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt330.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt430.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN DILLON
IRS990/Form990PartVIISectionAGrp/PersonNm1BRAD GROZNIK
IRS990/Form990PartVIISectionAGrp/PersonNm2WAYNE LOWMAN
IRS990/Form990PartVIISectionAGrp/PersonNm3ELENA ROSE
IRS990/Form990PartVIISectionAGrp/PersonNm4COLSEN ACKROYD
IRS990/Form990PartVIISectionAGrp/PersonNm5TY STROHL
IRS990/Form990PartVIISectionAGrp/PersonNm6BILL ZIMMERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm7MAGGIE ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm8SPENCER DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm9MAIA HILL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt285300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY, GENERAL MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt3EDITOR IN CHIEF
IRS990/Form990PartVIISectionAGrp/TitleTxt4BUSINESS MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01940
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0129977
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0129977
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd01
IRS990/GrossReceiptsAmt0790452
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt023345
IRS990/InformationTechnologyGrp/TotalAmt023345
IRS990/InsuranceGrp/ManagementAndGeneralAmt02124
IRS990/InsuranceGrp/ProgramServicesAmt010853
IRS990/InsuranceGrp/TotalAmt012977
IRS990/InvestmentIncomeGrp/ExclusionAmt016265
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt016265
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0865297
IRS990/LandBldgEquipBasisNetGrp/BOYAmt022376
IRS990/LandBldgEquipBasisNetGrp/EOYAmt015125
IRS990/LandBldgEquipCostOrOtherBssAmt0880422
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PUBLISH A QUALITY COLLEGIATE NEWSPAPER FOR THE PENN STATE COMMUNITY AND TO PROVIDE A REWARDING EDUCATIONAL EXPERIENCE FOR THE STUDENT STAFF MEMBERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0931005
IRS990/NetAssetsOrFundBalancesEOYAmt0936334
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt029299
IRS990/OccupancyGrp/ProgramServicesAmt087897
IRS990/OccupancyGrp/TotalAmt0117196
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt016158
IRS990/OfficeExpensesGrp/ProgramServicesAmt030214
IRS990/OfficeExpensesGrp/TotalAmt046372
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0573
IRS990/OtherAssetsTotalGrp/EOYAmt01500
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07416
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt028268
IRS990/OtherEmployeeBenefitsGrp/TotalAmt035684
IRS990/OtherExpensesGrp/Desc0PRINTING
IRS990/OtherExpensesGrp/Desc1ASSOCIATED PRESS SERVIC
IRS990/OtherExpensesGrp/Desc2SUBSCRIPTIONS AND DUES
IRS990/OtherExpensesGrp/ProgramServicesAmt038013
IRS990/OtherExpensesGrp/ProgramServicesAmt12290
IRS990/OtherExpensesGrp/ProgramServicesAmt21144
IRS990/OtherExpensesGrp/TotalAmt038013
IRS990/OtherExpensesGrp/TotalAmt12290
IRS990/OtherExpensesGrp/TotalAmt21144
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt040870
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0155780
IRS990/OtherSalariesAndWagesGrp/TotalAmt0196650
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07788
IRS990/PayrollTaxesGrp/ProgramServicesAmt021492
IRS990/PayrollTaxesGrp/TotalAmt029280
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08483
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020904
IRS990/PrincipalOfficerNm0WAYNE LOWMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0511110
IRS990/ProgramServiceRevenueGrp/BusinessCd1511110
IRS990/ProgramServiceRevenueGrp/Desc0CIRCULATION REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1ADVERTISING REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0435444
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1330627
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0435444
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1330627
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/ExpenseAmt0129977
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0129977
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0201
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0123944
IRS990/PYInvestmentIncomeAmt08330
IRS990/PYOtherExpensesAmt0307115
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0899545
IRS990/PYRevenuesLessExpensesAmt072252
IRS990/PYSalariesCompEmpBnftPaidAmt0404765
IRS990/PYTotalExpensesAmt0835824
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0908076
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt05329
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0774002
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0800000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0850000
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/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0246000376
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE PENNSYLVANIA STATE UNIVERSITY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt015125
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0865297
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0880422
IRS990ScheduleD/FootnoteTextInd0X
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 2016 THROUGH 2018. 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/TotalBookValueLandBuildingsAmt015125
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0125685
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS BASED ON POSITION HELD ON STUDENT NEWSPAPER STAFF
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0148
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/CashGrantAmt08000
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/CashGrantAmt18000
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/PersonNm0KELLY POWERS EDITOR IN CHIEF
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/PersonNm1COLSEN ACKROYD 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 11B
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/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0972975
IRS990/TotalAssetsEOYAmt0969173
IRS990/TotalAssetsGrp/BOYAmt0972975
IRS990/TotalAssetsGrp/EOYAmt0969173
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0185
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0146628
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0638495
IRS990/TotalFunctionalExpensesGrp/TotalAmt0785123
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt041970
IRS990/TotalLiabilitiesEOYAmt032839
IRS990/TotalLiabilitiesGrp/BOYAmt041970
IRS990/TotalLiabilitiesGrp/EOYAmt032839
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0931005
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0936334
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt07931
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt07931
IRS990/TotalProgramServiceExpensesAmt0638495
IRS990/TotalProgramServiceRevenueAmt0774002
IRS990/TotalReportableCompFromOrgAmt085300
IRS990/TotalRevenueGrp/ExclusionAmt016265
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0774002
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0790452
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0120
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0972975
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0969173
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt024331
IRS990/TravelGrp/TotalAmt024331
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0931005
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0936334
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0123 SOUTH BURROWES STREET
IRS990/USAddress/CityNm0STATE COLLEGE
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd016801
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.COLLEGIAN.PSU.EDU
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WAYNE LOWMAN

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$969,173
Liabilities
$32,839
Net assets
$936,334
Revenue
$790,452
Expenses
$785,123
Net income
$5,329
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