Civic Intelligence

Collegian Inc.

990 • Fiscal year 2020 • EIN 24-0861373

Jun 01, 2019 to May 31, 2020 • Filed on Oct 27, 2020

Organization ProfileWWW.COLLEGIAN.PSU.EDU
112 W Foster AveState College, PA 16801

(814) 865-2531

Siviq Scores

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

Liabilities / Assets

46th percentile

0.08x

Higher debt load relative to assets than 46% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

46th percentile

0.12x

Higher debt load relative to revenue than 46% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

37th percentile

0.0%

Higher net margin than 37% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

60th percentile

$81,023

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 11.6% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

48th percentile

5.0%

Faster asset growth than 48% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

31st percentile

-11%

Faster revenue growth than 31% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets46th percentile

Assets

Up

$1,017,823

Up $48,650 (+5.0%) from 2019

Net Assets

Up

$936,479

Up $145 (+0.0%) from 2019

Liabilities

Up

$81,344

Up $48,505 (+148%) from 2019

Revenue And Expenses
Liabilities / Revenue46th percentileNet Margin37th percentile

Revenue

Down

$700,561

Down $89,891 (-11%) from 2019

Expenses

Down

$700,416

Down $84,707 (-11%) from 2019

Net Income

Down

$145

Down $5,184 (-97%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth48th 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

2020

Assets$1,017,823
Liabilities$81,344
Net Assets$936,479
Open 2020 Filing

Operations Trend

Revenue Growth31st 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

2020

Revenue$700,561
Expenses$700,416
Net Income$145
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2019 to May 31, 2020
Signed
Oct 27, 2020
Return Version
2019v5.1
Gross Receipts
$700,561
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$875,000▲ $25,000
Cash and Non-Interest-Bearing Accounts$47,142$73,029▲ $25,887
Accounts Receivable$34,502$30,849▼ $3,653
Prepaid Expenses and Deferred Charges$20,904$30,751▲ $9,847
Land, Buildings, and Equipment, Net$15,125$7,818▼ $7,307
Total Assets$969,173$1,017,823▲ $48,650
Other Assets Total$1,500$376▼ $1,124
Liabilities
Other Liabilities$0$72,500▲ $72,500
Deferred Revenue$2,251$6,303▲ $4,052
Accounts Payable and Accrued Expenses$30,588$2,541▼ $28,047
Total Liabilities$32,839$81,344▲ $48,505
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$936,334$936,479▲ $145
Total Net Assets Fund Balance$936,334$936,479▲ $145
Total Liabilities and Net Assets / Fund Balance$969,173$1,017,823▲ $48,650

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,818$872,604$880,422
Compensation and Service Providers
Top Officer Pay60th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Wayne LowmanSecretary, General ManagerFT$81,023$81,023

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$2,705
Program Service Revenue
$686,834
Investment Income
$11,022
Other Revenue
$0
All Other Contributions
$2,705
Change in Net Assets
$145
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$312,616
Other Expenses$270,436
Grants and Similar Amounts Paid$117,364
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$161,985$40,870-$202,855
Grants to Domestic Individuals$117,364--$117,364
Occupancy$61,141$20,381-$81,522
Current Officers, Directors, Trustees, and Key Employees$48,614$32,409-$81,023
Insurance$45,271$10,064-$55,335
Payroll Taxes$21,320$7,418-$28,738
Advertising$12,062--$12,062
Travel$10,743--$10,743
Office Expenses-$8,442-$8,442
Depreciation Depletion$7,307--$7,307
Fees for Services Accounting-$4,600-$4,600
All Other Expenses$4,111--$4,111
Other Expenses$3,140$3,567-$3,140
Total Functional Expenses$572,665$127,751$0$700,416
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
Long-term Debt - Ppp Loan$72,500
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 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
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
112 W FOSTER AVE, STATE COLLEGE, PA 16801

Signing Officer

Name
Wayne Lowman
Title
General Manager and Secretary
Phone
8148652531
Signed
2020-10-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wayne Lowman
Formed
1940
Legal Domicile
Pa
Voting Board Members
10
Independent Board Members
8
Employees
9
Volunteers
125

Preparer

Firm
Baker Tilly US 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 an corporation described under the internal revenue code (irc) section 501(c)(3), except for net income derived from unrelated business activities, if any. Accordingly, no provision or benefit has been made for income taxes in the accompanying financial statements. While the corporation is not taxed for federal or state income tax purposes, the corporation's policy is to evaluate and review its tax positions on an ongoing basis to ensure compliance with the applicable portions of the irc and the respective state laws and regulations. The corporation believes it does not have any uncertain tax positions that are material to the financial statements.”

Raw XML AppendixShowing 400 of 442 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/PersonNm2WAYNE LOWMAN
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY, GENERAL MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt3EDITOR IN CHIEF
IRS990/Form990PartVIISectionAGrp/TitleTxt4BUSINESS MANAGER
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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
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IRS990/OtherSalariesAndWagesGrp/TotalAmt0202855
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07418
IRS990/PayrollTaxesGrp/ProgramServicesAmt021320
IRS990/PayrollTaxesGrp/TotalAmt028738
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020904
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt030751
IRS990/PrincipalOfficerNm0WAYNE LOWMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0511110
IRS990/ProgramServiceRevenueGrp/BusinessCd1511110
IRS990/ProgramServiceRevenueGrp/Desc0CIRCULATION REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1ADVERTISING REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0439969
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1243868
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0439969
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1243868
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/ExpenseAmt0117364
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0117364
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0185
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0129977
IRS990/PYInvestmentIncomeAmt016265
IRS990/PYOtherExpensesAmt0308232
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0774002
IRS990/PYRevenuesLessExpensesAmt05329
IRS990/PYSalariesCompEmpBnftPaidAmt0346914
IRS990/PYTotalExpensesAmt0785123
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0790452
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0145
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0686834
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0850000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0875000
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/BookValueAmt07818
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0872604
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0880422
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt072500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LONG-TERM DEBT - PPP LOAN
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAXES AS AN CORPORATION DESCRIBED UNDER THE INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3), EXCEPT FOR NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES, IF ANY. ACCORDINGLY, NO PROVISION OR BENEFIT HAS BEEN MADE FOR INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. WHILE THE CORPORATION IS NOT TAXED FOR FEDERAL OR STATE INCOME TAX PURPOSES, THE CORPORATION'S POLICY IS TO EVALUATE AND REVIEW ITS TAX POSITIONS ON AN ONGOING BASIS TO ENSURE COMPLIANCE WITH THE APPLICABLE PORTIONS OF THE IRC AND THE RESPECTIVE STATE LAWS AND REGULATIONS. THE CORPORATION BELIEVES IT DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07818
IRS990ScheduleD/TotalLiabilityAmt072500
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0115820
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS BASED ON POSITION HELD ON STUDENT NEWSPAPER STAFF
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0140
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/CashGrantAmt010000
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/CashGrantAmt18000
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/PersonNm0ELENA ROSE 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/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0969173
IRS990/TotalAssetsEOYAmt01017823
IRS990/TotalAssetsGrp/BOYAmt0969173
IRS990/TotalAssetsGrp/EOYAmt01017823
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02705
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0127751
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0572665
IRS990/TotalFunctionalExpensesGrp/TotalAmt0700416
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt032839
IRS990/TotalLiabilitiesEOYAmt081344
IRS990/TotalLiabilitiesGrp/BOYAmt032839
IRS990/TotalLiabilitiesGrp/EOYAmt081344
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0936334
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0936479
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt02997
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt02997
IRS990/TotalProgramServiceExpensesAmt0572665
IRS990/TotalProgramServiceRevenueAmt0686834
IRS990/TotalReportableCompFromOrgAmt081023
IRS990/TotalRevenueGrp/ExclusionAmt011022
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0686834
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0700561
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0125
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0969173
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01017823
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt010743
IRS990/TravelGrp/TotalAmt010743
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0112 W FOSTER AVE

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,017,823
Liabilities
$81,344
Net assets
$936,479
Revenue
$700,561
Expenses
$700,416
Net income
$145
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