Civic Intelligence

Downtown State College Improvement District Inc.

990 • Fiscal year 2019 • EIN 26-0022986

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 30, 2020

Organization ProfileDOWNTOWNSTATECOLLEGE.COM
127 South Fraser StreetState College, PA 16801

(814) 238-7004

Siviq Scores

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

Liabilities / Assets

65th percentile

0.11x

Higher debt load relative to assets than 65% of similar nonprofits.

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

Liabilities / Revenue

62nd percentile

0.07x

Higher debt load relative to revenue than 62% of similar nonprofits.

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

Net Margin

41st percentile

0.4%

Higher net margin than 41% of similar nonprofits.

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

Top Officer Pay

86th percentile

$93,878

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 17.3% of source-year revenue.

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

Asset Growth

49th percentile

2.9%

Faster asset growth than 49% of similar nonprofits.

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

Revenue Growth

60th percentile

9.8%

Faster revenue growth than 60% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$351,478

Up $9,853 (+2.9%) from 2018

Net Assets

Up

$314,482

Up $1,985 (+0.6%) from 2018

Liabilities

Up

$36,996

Up $7,868 (+27%) from 2018

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin41st percentile

Revenue

Up

$544,080

Up $48,433 (+9.8%) from 2018

Expenses

Up

$542,095

Up $37,336 (+7.4%) from 2018

Net Income

Up

$1,985

Up $11,097 (+122%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

$800K$600K$400K$200K$0Assets 2013: $397,180Liabilities 2013: $34,276Net Assets 2013: $362,9042013Assets 2014: $416,711Liabilities 2014: $36,476Net Assets 2014: $380,2352014Assets 2015: $444,861Liabilities 2015: $37,694Net Assets 2015: $407,1672015Assets 2016: $379,412Liabilities 2016: $39,060Net Assets 2016: $340,3522016Assets 2017: $342,407Liabilities 2017: $20,798Net Assets 2017: $321,6092017Assets 2018: $341,625Liabilities 2018: $29,128Net Assets 2018: $312,4972018Assets 2019: $351,478Liabilities 2019: $36,996Net Assets 2019: $314,4822019Assets 2020: $407,301Liabilities 2020: $110,582Net Assets 2020: $296,7192020Assets 2021: $501,721Liabilities 2021: $46,688Net Assets 2021: $455,0332021Assets 2022: $637,080Liabilities 2022: $26,998Net Assets 2022: $610,0822022Assets 2023: $775,501Liabilities 2023: $67,682Net Assets 2023: $707,8192023Assets 2024: $729,240Liabilities 2024: $44,387Net Assets 2024: $684,8532024

Highlighted filing

2019

Assets$351,478
Liabilities$36,996
Net Assets$314,482
Open 2019 Filing

Operations Trend

Revenue Growth60th percentile

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

$1.0M$500K$0-$500KRevenue 2013: $488,787Expenses 2013: $447,309Net Income 2013: $41,4782013Revenue 2014: $484,659Expenses 2014: $467,328Net Income 2014: $17,3312014Revenue 2015: $487,228Expenses 2015: $460,296Net Income 2015: $26,9322015Revenue 2016: $546,419Expenses 2016: $613,234Net Income 2016: -$66,8152016Revenue 2017: $599,391Expenses 2017: $618,134Net Income 2017: -$18,7432017Revenue 2018: $495,647Expenses 2018: $504,759Net Income 2018: -$9,1122018Revenue 2019: $544,080Expenses 2019: $542,095Net Income 2019: $1,9852019Revenue 2020: $528,232Expenses 2020: $545,995Net Income 2020: -$17,7632020Revenue 2021: $651,701Expenses 2021: $493,387Net Income 2021: $158,3142021Revenue 2022: $700,052Expenses 2022: $545,003Net Income 2022: $155,0492022Revenue 2023: $770,191Expenses 2023: $672,454Net Income 2023: $97,7372023Revenue 2024: $778,727Expenses 2024: $801,693Net Income 2024: -$22,9662024

Highlighted filing

2019

Revenue$544,080
Expenses$542,095
Net Income$1,985
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 30, 2020
Return Version
2019v5.1
Gross Receipts
$544,080
Mission and Program Overview

Mission

To promote, preserve and extend the safety, image and economic development of downtown state college, pennsylvania. To provide a safe, clean environment so as to enhance the image of the downtown and attract business, cultural, recreational and other activities consistent with fostering and maintaining a vibrant and prosperous area for residents and visitors.

To promote, preserve and extend the safety, image and economic development of downtown state college, pennsylvania.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$270,178$273,724▲ $3,546
Cap Stk Tr Prin Current Funds$268,246$268,698▲ $452
Land, Buildings, and Equipment, Net$44,251$45,784▲ $1,533
Pd in Cap Srpls Land Bldg Eqp Fund$44,251$45,784▲ $1,533
Accounts Receivable$20,675$22,357▲ $1,682
Prepaid Expenses and Deferred Charges$6,521$9,613▲ $3,092
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$341,625$351,478▲ $9,853
Liabilities
Accounts Payable and Accrued Expenses$23,954$31,822▲ $7,868
Deferred Revenue$5,174$5,174→ $0
Total Liabilities$29,128$36,996▲ $7,868
Net Assets / Fund Balance
Total Net Assets Fund Balance$312,497$314,482▲ $1,985
Total Liabilities and Net Assets / Fund Balance$341,625$351,478▲ $9,853

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$28,824$128,536$157,360
Leasehold Improvements$8,663$22,147$30,810
Other Land Buildings$8,297$11,255$19,552
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rob SchmidtExecutive DirectorFT$81,867$12,011$93,878

Board Members and Trustees

NameTitle
Sharon HerlocherChairman
Jonathan FriedmanVice Chairman
Al PringleDirector
Amy FrankDirector
Brian CohenDirector
Cathy DaulerDirector
Charima YoungDirector
Pat DaughertySecretary
Chris MckeeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$133,000
Program Service Revenue
$403,661
Investment Income
$5,074
Other Revenue
$2,345
All Other Contributions
$28,000
Change in Net Assets
$1,985

Audited Revenue Reconciliation

Revenue per Audited Statements
$544,080
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$544,080
Total Revenue per Form 990
$544,080
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$296,904
Other Expenses$245,191
Total Fundraising Expense$6,080
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$146,180$2,587$1,294$150,061
Fees for Services Other$141,695$374$187$142,256
Current Officers, Directors, Trustees, and Key Employees$86,838$4,694$2,347$93,879
Other Employee Benefits$32,222$186$93$32,501
Occupancy$23,356$1,262$631$25,249
Office Expenses$20,914$1,130$565$22,609
Payroll Taxes$18,600$549$275$19,424
Depreciation Depletion$11,044$597$298$11,939
Insurance$4,105$222$111$4,438
Fees for Services Accounting$740$3,540$20$4,300
Other Expenses$3,194$173$86$3,453
Pension Plan Contributions$1,039--$1,039
All Other Expenses$847$46$23$916
Fees for Services Legal$47$3$1$51
Total Functional Expenses$520,354$15,661$6,080$542,095

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$542,095
Total Expenses per Audited Statements$542,095
Total Expenses per Form 990$542,095
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
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

“It is the district's policy that its board of directors (operating through the finance committee) review the irs form 990 in connection with their review of the annual audit report and financial statements.”

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

“The board of directors performs an executive search. Compensation is set based on the expertise and experience of the candidate, consistent with the needs of the organization and comparable salaries/duties. Meeting minutes document deliberation and decisions.”

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

“The district is required to adhere to the borough of state college's procurement policy. This is monitored as significant decisions come before the board for consideration and on a day-to-day basis as operating and purchasing decisions are approved by the executve director.”

Form 990, Part VI, Section C, Line 19

“The downtown state college improvement district has a public inspection file with copies of its governing documents, conflict of interest policy and its financial statements available to the public upon request. Copies of the financial statements are also provided to the state department of community and economic development and the borough of state college pursuant to enabling legislation. A registration statement is also filed with the pa bureau of charitable organizations which provides information to the public on its website and, upon request.”

Filing and Contact Details

Filer

Filer Name
Downtown State College Improvement
EIN
26-0022986
Phone
8142387004
Address
127 SOUTH FRASER STREET, STATE COLLEGE, PA 16801

Signing Officer

Name
Rob Schmidt
Title
Executive Director
Phone
8142387004
Signed
2020-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rob Schmidt
Formed
2002
Legal Domicile
Pa
Voting Board Members
9
Independent Board Members
9
Employees
9
Volunteers
0

Preparer

Firm
Fiore Fedeli Snyder Carothers Llp
Address
2013 SANDY DR STE 200, STATE COLLEGE, PA 16803
Preparer
Joseph P Fedeli CPA
Phone
8142378999
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Professional fees: program service expenses 6,927. Management and general expenses 374. Fundraising expenses 187. Total expenses 7,488. Marketing: program service expenses 134,768. Management and general expenses 0. Fundraising expenses 0. Total expenses 134,768.”

Form 990, Part XII, Line 2C

“Process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The organization has examined its positions and believes they will be sustained upon examination.”

Raw XML AppendixShowing 400 of 498 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/OfficeExpensesGrp/ManagementAndGeneralAmt01130
IRS990/OfficeExpensesGrp/ProgramServicesAmt020914
IRS990/OfficeExpensesGrp/TotalAmt022609
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt093
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0186
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt032222
IRS990/OtherEmployeeBenefitsGrp/TotalAmt032501
IRS990/OtherExpensesGrp/Desc0SECURITY AND CLEANING
IRS990/OtherExpensesGrp/Desc1MERCHANT VALIDATED PARK
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3RENTAL OF EQUIPMENT
IRS990/OtherExpensesGrp/FundraisingAmt0149
IRS990/OtherExpensesGrp/FundraisingAmt186
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0298
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1173
IRS990/OtherExpensesGrp/ProgramServicesAmt012735
IRS990/OtherExpensesGrp/ProgramServicesAmt111286
IRS990/OtherExpensesGrp/ProgramServicesAmt25512
IRS990/OtherExpensesGrp/ProgramServicesAmt33194
IRS990/OtherExpensesGrp/TotalAmt012735
IRS990/OtherExpensesGrp/TotalAmt111286
IRS990/OtherExpensesGrp/TotalAmt25959
IRS990/OtherExpensesGrp/TotalAmt33453
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02345
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02345
IRS990/OtherRevenueTotalAmt02345
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt01294
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02587
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0146180
IRS990/OtherSalariesAndWagesGrp/TotalAmt0150061
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0275
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0549
IRS990/PayrollTaxesGrp/ProgramServicesAmt018600
IRS990/PayrollTaxesGrp/TotalAmt019424
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt044251
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt045784
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01039
IRS990/PensionPlanContributionsGrp/TotalAmt01039
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06521
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09613
IRS990/PrincipalOfficerNm0ROB SCHMIDT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1519100
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/Desc0PROPERTY ASSESSMENTS
IRS990/ProgramServiceRevenueGrp/Desc1ADVERTISING
IRS990/ProgramServiceRevenueGrp/Desc2SERVICE AGREEMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0387691
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110970
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt25000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0387691
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110970
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25000
IRS990/ProgSrvcAccomActy2Grp/Desc0THE DOWNTOWN SAFETY ENHANCEMENT PROGRAM UTILIZES PENN STATE AUXILIARY OFFICERS UNDER THE SUPERVISION OF THE STATE COLLEGE POLICE DEPARTMENT TO PATROL FOR POTENTIAL PROBLEMS. THE CLEANING AMBASSADORS PROVIDE DAILY CLEANING EFFORTS AND THE REMOVAL OF GRAFFITI IN HIGH TRAFFIC, HIGH VISIBILITY AREAS, FOR THE CONVENIENCE AND COMFORT OF SHOPPERS AND VISITORS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0140859
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0109905
IRS990/ProgSrvcAccomActy3Grp/Desc0THE DISTRICT WORKS TO PROMOTE RETAIL, RESTAURANT, RENTAL AND OTHER BUSINESS ACTIVITY IN THE DOWNTOWN. ALSO, IT ADMINISTERS A STATE PROGRAM TO ASSIST PROPERTY OWNERS WITH THE COST OF NEW SIGNS AND/OR FACADES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0134768
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0105153
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0108258
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01719
IRS990/PYOtherExpensesAmt0192960
IRS990/PYOtherRevenueAmt05051
IRS990/PYProgramServiceRevenueAmt0380619
IRS990/PYRevenuesLessExpensesAmt0-9112
IRS990/PYSalariesCompEmpBnftPaidAmt0311799
IRS990/PYTotalExpensesAmt0504759
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0495647
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01985
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0190948
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0270178
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0273724
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0133000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0108258
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0105000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0121000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0130000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0597258
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt05074
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01719
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0997
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01195
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01384
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt010369
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt031088
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt013315
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt068839
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0104745
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt083170
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt038436
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0308505
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.88120
IRS990ScheduleA/PublicSupportPY170Pct00.87330
IRS990ScheduleA/PublicSupportTotal170Amt02365346
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt0387691
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt0371964
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt0342824
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt0334038
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt0331571
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt01768088
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0520691
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0480222
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0447824
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0455038
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0461571
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02365346
IRS990ScheduleA/TotalSupportAmt02684220
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/EquipmentGrp/BookValueAmt028824
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0128536
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0157360
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0542095
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt08663
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt022147
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt030810
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08297
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt011255
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt019552
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0544080
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS EXAMINED ITS POSITIONS AND BELIEVES THEY WILL BE SUSTAINED UPON EXAMINATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt045784
IRS990ScheduleD/TotalExpensesPerForm990Amt0542095
IRS990ScheduleD/TotalRevenuePerForm990Amt0544080
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0544080
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0542095
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IT IS THE DISTRICT'S POLICY THAT ITS BOARD OF DIRECTORS (OPERATING THROUGH THE FINANCE COMMITTEE) REVIEW THE IRS FORM 990 IN CONNECTION WITH THEIR REVIEW OF THE ANNUAL AUDIT REPORT AND FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS PERFORMS AN EXECUTIVE SEARCH. COMPENSATION IS SET BASED ON THE EXPERTISE AND EXPERIENCE OF THE CANDIDATE, CONSISTENT WITH THE NEEDS OF THE ORGANIZATION AND COMPARABLE SALARIES/DUTIES. MEETING MINUTES DOCUMENT DELIBERATION AND DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DISTRICT IS REQUIRED TO ADHERE TO THE BOROUGH OF STATE COLLEGE'S PROCUREMENT POLICY. THIS IS MONITORED AS SIGNIFICANT DECISIONS COME BEFORE THE BOARD FOR CONSIDERATION AND ON A DAY-TO-DAY BASIS AS OPERATING AND PURCHASING DECISIONS ARE APPROVED BY THE EXECUTVE DIRECTOR.

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Filings

Displayed year

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

Open filing
Assets
$351,478
Liabilities
$36,996
Net assets
$314,482
Revenue
$544,080
Expenses
$542,095
Net income
$1,985
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.29$0.44$6.85$7.79$8.02$0.23
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.76$0.68$7.08$7.70$6.72$0.98
2022Detailed filing. Detailed filing data is available for this year.$6.37$0.27$6.10$7.00$5.45$1.55
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.02$0.47$4.55$6.52$4.93$1.58
2020Detailed filing. Detailed filing data is available for this year.$4.07$1.11$2.97$5.28$5.46$0.18
2019Detailed filing. Detailed filing data is available for this year.$3.51$0.37$3.14$5.44$5.42$0.02
2018Detailed filing. Detailed filing data is available for this year.$3.42$0.29$3.12$4.96$5.05$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.42$0.21$3.22$5.99$6.18$0.19
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.79$0.39$3.40$5.46$6.13$0.67
2015Detailed filing. Detailed filing data is available for this year.$4.45$0.38$4.07$4.87$4.60$0.27
2014Detailed filing. Detailed filing data is available for this year.$4.17$0.36$3.80$4.85$4.67$0.17
2013Detailed filing. Detailed filing data is available for this year.$3.97$0.34$3.63$4.89$4.47$0.41