Civic Intelligence

Penn State Rugby Foundation

990 • Fiscal year 2024 • EIN 38-4107595

Jul 01, 2023 to Jun 30, 2024 • Filed on Feb 12, 2025

431 Science Park Road 302State College, PA 16803

(814) 238-8474

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

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

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

33rd percentile

0.00x

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

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

22nd percentile

-11%

Higher net margin than 22% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

45th percentile

2.3%

Faster asset growth than 45% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

21st percentile

-13%

Faster revenue growth than 21% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$697,409

Up $15,847 (+2.3%) from 2023

Net Assets

Up

$697,409

Up $15,847 (+2.3%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue

Down

$221,149

Down $34,352 (-13%) from 2023

Expenses

Up

$245,256

Up $145,687 (+146%) from 2023

Net Income

Down

-$24,107

Down $180,039 (-115%) from 2023

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2019: $51,028Liabilities 2019: $0Net Assets 2019: $51,0282019Assets 2020: $91,105Liabilities 2020: $0Net Assets 2020: $91,1052020Assets 2021: $311,212Liabilities 2021: $0Net Assets 2021: $311,2122021Assets 2022: $526,961Liabilities 2022: $0Net Assets 2022: $526,9612022Assets 2023: $681,562Liabilities 2023: $0Net Assets 2023: $681,5622023Assets 2024: $697,409Liabilities 2024: $0Net Assets 2024: $697,4092024

Highlighted filing

2024

Assets$697,409
Liabilities$0
Net Assets$697,409

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2019: $59,019Expenses 2019: $7,991Net Income 2019: $51,0282019Revenue 2020: $57,655Expenses 2020: $17,578Net Income 2020: $40,0772020Revenue 2021: $297,967Expenses 2021: $69,950Net Income 2021: $228,0172021Revenue 2022: $373,000Expenses 2022: $99,832Net Income 2022: $273,1682022Revenue 2023: $255,501Expenses 2023: $99,569Net Income 2023: $155,9322023Revenue 2024: $221,149Expenses 2024: $245,256Net Income 2024: -$24,1072024

Highlighted filing

2024

Revenue$221,149
Expenses$245,256
Net Income-$24,107
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 12, 2025
Return Version
2023v6.0
Gross Receipts
$338,094
Mission and Program Overview

Mission

The purposes of penn state rugby foundation are to engage in charitable activities, including, but not limited to, supporting, encouraging and developing the sport of rugby at the collegiate level, educating the general public on the sport of rugby and making distributions for charitable purposes.

To provide the financial support to guarantee penn state rugby on campus forever.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$501,136$597,447▲ $96,311
Cash and Non-Interest-Bearing Accounts$69,771$82,169▲ $12,398
Savings and Temporary Cash Investments$110,655$17,793▼ $92,862
Total Assets$681,562$697,409▲ $15,847
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$676,562$682,409▲ $5,847
Net Assets With Donor Restrictions$5,000$15,000▲ $10,000
Total Net Assets Fund Balance$681,562$697,409▲ $15,847
Total Liabilities and Net Assets / Fund Balance$681,562$697,409▲ $15,847

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$597,447--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Stephen HynesPresident
Barbara KudisVice President
David SkidmoreBoard Member
Meredith HeiseyBoard Member
Stacy FoleyBoard Member
Peter SteinbergSecretary
Bradley AllenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$187,453
Program Service Revenue
$0
Investment Income
$33,696
Other Revenue
$0
All Other Contributions
$187,453
Change in Net Assets
$-24,107
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$167,000
Other Expenses$78,256
Total Fundraising Expense$51,036
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$167,000--$167,000
Fees for Services Other$2,000$3,000$50,628$55,628
Fees for Services Accounting-$16,190-$16,190
Fees for Service Investment Mgmnt Fees-$4,108-$4,108
Insurance-$1,060-$1,060
Office Expenses--$408$408
Other Expenses-$8-$8
Total Functional Expenses$169,000$25,220$51,036$245,256
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Penn State UniversityUniversity Park, PA501(c)(3)To Support Rugby Program$145,000
Penn State Rugby Alumni Club IncState College, PA501(c)(3)TO SUPPORT ORGANIZATION'S MISSION$22,000
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
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
No
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 A, Line 8B

Penn state rugby foundation does not have any committee's with authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

The form 990 is provided to the treasurer for review and approval before filing with the irs.

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

Penn state rugby foundation has the board members do an annual affirmation for the conflict of interest policy. Whenever any director has a conflict of interest or a perceived conflict of interest with the foundation, he or she shall notify the board president of such conflict in writing. Whenever any staff member (paid or volunteer) has a conflict of interest or a perceived conflict of interest with the foundation, he or she shall notify the president of such conflict in writing. When any conflict of interest is relevant to a matter that comes under consideration or requires action by the board, or a board committee, the interested person shall call it to the attention of the board chair and shall not be present during board or committee discussion or decision on the matter. However, that person shall provide the board or applicable committee with any and all relevant information on the particular matter. The minutes of the meeting of the board or its committee shall reflect that the conflict of interest was disclosed, that the interested person was not present during discussion or decision on the matter, and did not vote.

Form 990, Part VI, Section C, Line 19

Penn state rugby foundation's governing documents and financial statements are available upon request.

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

Penn state rugby foundation does not have a process for determing compensation for the organizations's ceo, executive director, top management, or key employees because they do not have these types of employees. The organization also does not pay any of the executive officers or board members.

Filing and Contact Details

Filer

Filer Name
Penn State Rugby Foundation
EIN
38-4107595
Phone
8142388474
Address
431 SCIENCE PARK ROAD 302, STATE COLLEGE, PA 16803

Signing Officer

Name
Bradley J Allen
Title
Treasurer
Phone
8142388474
Signed
2025-02-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bradley J Allen
Formed
2019
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Baker Tilly Advisory Group Lp
Address
1570 FRUITVILLE PIKE SUITE 400, LANCASTER, PA 17601
Preparer
Jaime L Kuntz CPA
Phone
7177404863
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other professional fees: program service expenses 2,000. Management and general expenses 3,000. Fundraising expenses 11,628. Total expenses 16,628. Consulting: program service expenses 0. Management and general expenses 0. Fundraising expenses 39,000. Total expenses 39,000.

Form 990, Part XII, Line 2C

Penn state rugby foundation does not have any committee's that assume responsibility for oversight of the audit and selection of an independent accountant. The board of directors for penn state rugby foundation assumes responsibility.

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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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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0597447
IRS990ScheduleD/OtherSecuritiesGrp/Desc0UBS INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0597447
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0145000
IRS990ScheduleI/RecipientTable/CashGrantAmt122000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO SUPPORT RUGBY PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO SUPPORT ORGANIZATION'S MISSION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0PENN STATE UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1PENN STATE RUGBY ALUMNI CLUB INC
IRS990ScheduleI/RecipientTable/RecipientEIN0246000376
IRS990ScheduleI/RecipientTable/RecipientEIN1251601169
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0ONE OLD MAIN
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO BOX 967
IRS990ScheduleI/RecipientTable/USAddress/CityNm0UNIVERSITY PARK
IRS990ScheduleI/RecipientTable/USAddress/CityNm1STATE COLLEGE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1PA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd016802
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd116804
IRS990ScheduleI/Total501c3OrgCnt02
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PENN STATE RUGBY FOUNDATION DOES NOT HAVE ANY COMMITTEE'S WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PROVIDED TO THE TREASURER FOR REVIEW AND APPROVAL BEFORE FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PENN STATE RUGBY FOUNDATION HAS THE BOARD MEMBERS DO AN ANNUAL AFFIRMATION FOR THE CONFLICT OF INTEREST POLICY. WHENEVER ANY DIRECTOR HAS A CONFLICT OF INTEREST OR A PERCEIVED CONFLICT OF INTEREST WITH THE FOUNDATION, HE OR SHE SHALL NOTIFY THE BOARD PRESIDENT OF SUCH CONFLICT IN WRITING. WHENEVER ANY STAFF MEMBER (PAID OR VOLUNTEER) HAS A CONFLICT OF INTEREST OR A PERCEIVED CONFLICT OF INTEREST WITH THE FOUNDATION, HE OR SHE SHALL NOTIFY THE PRESIDENT OF SUCH CONFLICT IN WRITING. WHEN ANY CONFLICT OF INTEREST IS RELEVANT TO A MATTER THAT COMES UNDER CONSIDERATION OR REQUIRES ACTION BY THE BOARD, OR A BOARD COMMITTEE, THE INTERESTED PERSON SHALL CALL IT TO THE ATTENTION OF THE BOARD CHAIR AND SHALL NOT BE PRESENT DURING BOARD OR COMMITTEE DISCUSSION OR DECISION ON THE MATTER. HOWEVER, THAT PERSON SHALL PROVIDE THE BOARD OR APPLICABLE COMMITTEE WITH ANY AND ALL RELEVANT INFORMATION ON THE PARTICULAR MATTER. THE MINUTES OF THE MEETING OF THE BOARD OR ITS COMMITTEE SHALL REFLECT THAT THE CONFLICT OF INTEREST WAS DISCLOSED, THAT THE INTERESTED PERSON WAS NOT PRESENT DURING DISCUSSION OR DECISION ON THE MATTER, AND DID NOT VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PENN STATE RUGBY FOUNDATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PENN STATE RUGBY FOUNDATION DOES NOT HAVE A PROCESS FOR DETERMING COMPENSATION FOR THE ORGANIZATIONS'S CEO, EXECUTIVE DIRECTOR, TOP MANAGEMENT, OR KEY EMPLOYEES BECAUSE THEY DO NOT HAVE THESE TYPES OF EMPLOYEES. THE ORGANIZATION ALSO DOES NOT PAY ANY OF THE EXECUTIVE OFFICERS OR BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 2,000. MANAGEMENT AND GENERAL EXPENSES 3,000. FUNDRAISING EXPENSES 11,628. TOTAL EXPENSES 16,628. CONSULTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 39,000. TOTAL EXPENSES 39,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PENN STATE RUGBY FOUNDATION DOES NOT HAVE ANY COMMITTEE'S THAT ASSUME RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE BOARD OF DIRECTORS FOR PENN STATE RUGBY FOUNDATION ASSUMES RESPONSIBILITY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A AND 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C
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IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt0697409
IRS990/TotalAssetsGrp/BOYAmt0681562
IRS990/TotalAssetsGrp/EOYAmt0697409
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt025220
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0169000
IRS990/TotalFunctionalExpensesGrp/TotalAmt0245256
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0681562
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0697409
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0169000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt033696
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0221149
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0681562
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0697409
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
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IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0431 SCIENCE PARK ROAD 302
IRS990/USAddress/CityNm0STATE COLLEGE
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IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0PENNSTATERUGBYFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRADLEY J ALLEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08142388474
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PENN STATE RUGBY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0PENN
ReturnHeader/Filer/EIN0384107595
ReturnHeader/Filer/PhoneNum08142388474
ReturnHeader/Filer/USAddress/AddressLine1Txt0431 SCIENCE PARK ROAD 302
ReturnHeader/Filer/USAddress/CityNm0STATE COLLEGE
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0390859910
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BAKER TILLY ADVISORY GROUP LP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01570 FRUITVILLE PIKE SUITE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LANCASTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd017601
ReturnHeader/PreparerPersonGrp/PhoneNum07177404863
ReturnHeader/PreparerPersonGrp/PreparationDt02025-02-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAIME L KUNTZ CPA
ReturnHeader/ReturnTs02025-03-05T09:36:45-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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