Civic Intelligence

Penn State Scholarship Fund

990EZ • Fiscal year 2016 • EIN 25-1453335

May 01, 2015 to Apr 30, 2016 • Filed on Jun 08, 2016

Organization ProfileN/A
1423 N Atherton StreetState College, PA 16803

(814) 238-8474

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)7 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

53rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)7 • <$500k nonprofits • Source year 2016

Net Margin

61st percentile

7.2%

Higher net margin than 61% of similar nonprofits.

2016 filings • 501(c)7 • <$500k nonprofits • Source year 2016

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)7 • <$500k nonprofits • Source year 2016

Asset Growth

82nd percentile

24%

Faster asset growth than 82% of similar nonprofits.

2016 filings • 501(c)7 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

77th percentile

15%

Faster revenue growth than 77% of similar nonprofits.

2016 filings • 501(c)7 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets53rd percentile

Assets

Up

$67,555

Up $12,931 (+24%) from 2015

Net Assets

Up

$67,555

Up $12,931 (+24%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin61st percentile

Revenue

Up

$179,626

Up $23,542 (+15%) from 2015

Expenses

Down

$166,695

Down $4,305 (-2.5%) from 2015

Net Income

Up

$12,931

Up $27,847 (+187%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth82nd percentile

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

$150K$100K$50K$0Assets 2011: $73,419Liabilities 2011: $0Net Assets 2011: $73,4192011Assets 2013: $60,203Liabilities 2013: $0Net Assets 2013: $60,2032013Assets 2014: $69,540Liabilities 2014: $0Net Assets 2014: $69,5402014Assets 2015: $54,624Liabilities 2015: $0Net Assets 2015: $54,6242015Assets 2016: $67,555Liabilities 2016: $0Net Assets 2016: $67,5552016Assets 2017: $37,837Liabilities 2017: $0Net Assets 2017: $37,8372017Assets 2018: $92,701Liabilities 2018: $0Net Assets 2018: $92,7012018Assets 2020: $86,574Liabilities 2020: $0Net Assets 2020: $86,5742020Assets 2021: $46,726Liabilities 2021: $0Net Assets 2021: $46,7262021Assets 2022: $109,175Liabilities 2022: $0Net Assets 2022: $109,1752022Assets 2023: $59,525Liabilities 2023: $0Net Assets 2023: $59,5252023Assets 2025: $50,460Liabilities 2025: $0Net Assets 2025: $50,4602025

Highlighted filing

2016

Assets$67,555
Liabilities$0
Net Assets$67,555
Open 2016 Filing

Operations Trend

Revenue Growth77th percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $145,190Expenses 2011: $136,511Net Income 2011: $8,6792011Revenue 2013: $164,910Expenses 2013: $167,543Net Income 2013: -$2,6332013Revenue 2014: $186,272Expenses 2014: $176,935Net Income 2014: $9,3372014Revenue 2015: $156,084Expenses 2015: $171,000Net Income 2015: -$14,9162015Revenue 2016: $179,626Expenses 2016: $166,695Net Income 2016: $12,9312016Revenue 2017: $187,030Expenses 2017: $216,748Net Income 2017: -$29,7182017Revenue 2018: $243,337Expenses 2018: $188,473Net Income 2018: $54,8642018Revenue 2020: $224,684Expenses 2020: $222,088Net Income 2020: $2,5962020Revenue 2021: $46,445Expenses 2021: $86,293Net Income 2021: -$39,8482021Revenue 2022: $161,210Expenses 2022: $98,761Net Income 2022: $62,4492022Revenue 2023: $223,170Expenses 2023: $272,820Net Income 2023: -$49,6502023Revenue 2025: $228,337Expenses 2025: $227,083Net Income 2025: $1,2542025

Highlighted filing

2016

Revenue$179,626
Expenses$166,695
Net Income$12,931
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2015 to Apr 30, 2016
Signed
Jun 8, 2016
Return Version
2015v2.1
Gross Receipts
$179,626
Mission and Program Overview

Mission

Provide scholarship assistance through the penn state athletic department via the state college quarterback club academic enhancement fund for football, as well as to host the annual penn state football banquet.

The objective of the penn state scholarship fund, inc. Is to support the penn state football program. In support of that program, the club has two basic activities. The first activity is to conduct weekly luncheons during the football season. Coach james franklin and two members of the team attend. The second activity is an annual football banquet to honor the penn state football team's graduating seniors.

Program Services

DescriptionGrantsExpenses
LUNCHEONS HELD DURING FOOTBALL SEASON.$0$124,012
BANQUET HELD TO HONOR THE MEMBERS OF THE FOOTBALL TEAM THAT ARE GRADUATING.$0$38,169
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PETER ROHRERPresident-$0--
PETE HORSTMANDirector-$0--
JODI PRINGLESecretary-$0--
ROBERT LEVYTreasurer-$0--
RODNEY FLETCHERDirector-$0--
WALLY RICHARDSONDirector-$0--
JOSEPH GORDONVice President-$0--
BILL GETTIGDirector-$0--
HERB GRAVESDirector-$0--
CARLA JEREMIASDirector-$0--
STEVE JONESDirector-$0--
JIM MEISTERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Penn State Scholarship Fund
EIN
25-1453335
Phone
8142388474
Address
1423 N Atherton Street, State College, PA 16803

Signing Officer

Name
Robert N Levy
Title
Treasurer
Phone
8142388474
Signed
2016-06-08
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

Form 990-EZ, Part I, Line 4 - Other Investment Income

“Description: INTEREST INCOME & MISCELLANEOUS. Amount: 836.”

Form 990-EZ, Part I, Line 16 - Other Expenses

“Description: LUNCHEONS. Amount: 124,012. Description: BANQUET. Amount: 38,169. Total to Form 990-EZ, line 16: 162,181.”

Raw XML Appendix165 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
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IRS990EZ/BooksInCareOfDetail/PhoneNum08142388474
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01423 NORTH ATHERTON STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0STATE COLLEGE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd016803
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt054624
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IRS990EZ/DirectIndirectPltclExpendAmt00
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IRS990EZ/ExcessOrDeficitForYearAmt012931
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IRS990EZ/InvestmentIncomeAmt0836
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IRS990EZ/MembershipDuesAmt049450
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt054624
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PETER ROHRER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PETE HORSTMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JODI PRINGLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ROBERT LEVY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4RODNEY FLETCHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5WALLY RICHARDSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JOSEPH GORDON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7BILL GETTIG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8HERB GRAVES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9CARLA JEREMIAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10STEVE JONES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11JIM MEISTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0162181
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE OBJECTIVE OF THE PENN STATE SCHOLARSHIP FUND, INC. IS TO SUPPORT THE PENN STATE FOOTBALL PROGRAM. IN SUPPORT OF THAT PROGRAM, THE CLUB HAS TWO BASIC ACTIVITIES. THE FIRST ACTIVITY IS TO CONDUCT WEEKLY LUNCHEONS DURING THE FOOTBALL SEASON. COACH JAMES FRANKLIN AND TWO MEMBERS OF THE TEAM ATTEND. THE SECOND ACTIVITY IS AN ANNUAL FOOTBALL BANQUET TO HONOR THE PENN STATE FOOTBALL TEAM'S GRADUATING SENIORS.
IRS990EZ/PrintingPublicationsPostageAmt04514
IRS990EZ/ProgramServiceRevenueAmt0129340
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0LUNCHEONS HELD DURING FOOTBALL SEASON.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1BANQUET HELD TO HONOR THE MEMBERS OF THE FOOTBALL TEAM THAT ARE GRADUATING.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0124012
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt138169
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt0166695
IRS990EZ/TotalProgramServiceExpensesAmt0162181
IRS990EZ/TotalRevenueAmt0179626
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: INTEREST INCOME & MISCELLANEOUS. Amount: 836.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: LUNCHEONS. Amount: 124,012. Description: BANQUET. Amount: 38,169. Total to Form 990-EZ, line 16: 162,181.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 4 - Other Investment Income
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16 - Other Expenses
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT N LEVY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08142388474
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-06-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Penn State Scholarship Fund
ReturnHeader/Filer/BusinessNameControlTxt0PENN
ReturnHeader/Filer/EIN0251453335
ReturnHeader/Filer/PhoneNum08142388474
ReturnHeader/Filer/USAddress/AddressLine1Txt01423 N Atherton Street
ReturnHeader/Filer/USAddress/CityNm0State College
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd016803
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0390859910
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Baker Tilly Virchow Krause LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01423 N Atherton Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0State College
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd016803
ReturnHeader/PreparerPersonGrp/PhoneNum08142388474
ReturnHeader/PreparerPersonGrp/PreparationDt02016-06-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Robert N Levy
ReturnHeader/ReturnTs02016-06-08T07:10:38-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-05-01
ReturnHeader/TaxPeriodEndDt02016-04-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$67,555
Liabilities
$0
Net assets
$67,555
Revenue
$179,626
Expenses
$166,695
Net income
$12,931
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.00$0.50$2.28$2.27$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.60$0.00$0.60$2.23$2.73$0.50
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.09$0.00$1.09$1.61$0.99$0.62
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.00$0.47$0.46$0.86$0.40
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.00$0.87$2.25$2.22$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.00$0.93$2.43$1.88$0.55
2017Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$1.87$2.17$0.30
2016Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$1.80$1.67$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$1.56$1.71$0.15
2014Detailed filing. Detailed filing data is available for this year.$0.70$0.00$0.70$1.86$1.77$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.00$0.60$1.65$1.68$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.00$0.73$1.45$1.37$0.09
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)7 • <$500k nonprofits