BETA STATE FOUNDATION INC: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
BETA STATE FOUNDATION INC (EIN 23-2227223)
Tax period
2013-10-01 to 2014-09-30
Filed
2015-05-13
IRS object ID
201531339349300933
Schema version
2013v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2015-05-13T07:49:52-05:00ReturnTs
Tax Period End2014-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN232866886PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ZELNICK MANN & WINIKUR PCBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1201 N PRESIDENTIAL BLVD STE 200AddressLine1
CityBALA CYNWYDCity
StatePAState
ZIP Code190041257ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN232227223EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BETA STATE FOUNDATION INCBusinessNameLine1
Business Name Line2C/O KEN LEHRER CPABusinessNameLine2
FieldValueIRS element (for citing)
Business Name ControlBETABusinessNameControlTxt
Phone6105818850PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1730 EAST RAILROAD AVENUEAddressLine1
Address Line2ROOM/SUITE 202AddressLine2
CityBRYN MAWRCity
StatePAState
ZIP Code19010ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROBERT EISMANPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone6105818850PhoneNum
Signature2015-05-05SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRICHARD SCHEINOFFPreparerPersonNm
PTINP00074825PTIN
Phone6106640450PhoneNum
Preparation2015-05-06PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2016-04-25 22:37:26ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerROBERT EISMANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15510 EDSON LANEAddressLine1
CityROCKVILLECity
StateMDState
ZIP Code20852ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$4,233GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1982FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionCONTRIBUTIONS ARE MADE TO PENNSYLVANIA STATE UNIVERSITY FOR THE PURPOSE OF GRANTING SCHOLARSHIPS AND OTHER ASSISTANCE TO DESERVING STUDENTS ATTENDING PENNSYLVANIA STATE UNIVERSITYActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$6,029PYContributionsGrantsAmt
CY Contributions Grants$3,703CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$124PYInvestmentIncomeAmt
CY Investment Income$133CYInvestmentIncomeAmt
PY Other Revenue$365PYOtherRevenueAmt
CY Other Revenue$397CYOtherRevenueAmt
PY Total Revenue$6,518PYTotalRevenueAmt
CY Total Revenue$4,233CYTotalRevenueAmt
PY Grants And Similar Paid$2,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$7,750CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,439PYOtherExpensesAmt
CY Other Expenses$11,745CYOtherExpensesAmt
PY Total Expenses$3,439PYTotalExpensesAmt
CY Total Expenses$19,495CYTotalExpensesAmt
PY Revenues Less Expenses$3,079PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$15,262CYRevenuesLessExpensesAmt
Total Assets BOY$799,688TotalAssetsBOYAmt
Total Assets EOY$784,426TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$799,688NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$784,426NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionCONTRIBUTIONS ARE MADE TO PENNSYLVANIA STATE UNIVERSITY FOR THE PURPOSE OF GRANTING SCHOLARSHIPS AND OTHER ASSISTANCE TO DESERVING STUDENTS ATTENDING PENNSYLVANIA STATE UNIVERSITYMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$7,750ExpenseAmt
Grant$7,750GrantAmt
DescCONTRIBUTIONS MADE TO THE PENNSYLVANIA STATE UNIVERSITY FOR THE PURPOSE OF GRANTING SCHOLARSHIPS AND OTHER ASSISTANCE TO DESERVING STUDENTS ATTENDING PENN STATE UNIVERSITYDesc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$2,106ExpenseAmt
DescCONTRIBUTIONS MADE TO THE PENNSYLVANIA STATE UNIVERSITY FOR THE PURPOSE OF GRANTING SCHOLARSHIPS AND OTHER ASSISTANCE TO DESERVING STUDENTS ATTENDING PENN STATE UNIVERSITYDesc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$2,106TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses$9,856TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonKENNETH LEHRERPersonNm
Phone6106640450PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1730 E RAILROAD AVEAddressLine1
CityBRYN MAWRCity
StatePAState
ZIP Code19010ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
ROBERT EISMAN
PRESIDENT2.00Yes (X)Yes (X)$0$0$0
LEE EPSTEIN
VICE PRES1.00Yes (X)Yes (X)$0$0$0
KENNETH LEHRER
TREASURER1.00Yes (X)Yes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Membership Dues$3,703MembershipDuesAmt
Total Contributions$3,703TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$133TotalRevenueColumnAmt
Related Or Exempt Func Income$133RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescINCREASE IN CSVDesc
Total Revenue Column$397TotalRevenueColumnAmt
Related Or Exempt Func Income$397RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$397OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,233TotalRevenueColumnAmt
Related Or Exempt Func Income$530RelatedOrExemptFuncIncomeAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$7,750TotalAmt
Program Services$7,750ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$4,439TotalAmt
Management And General$4,439ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$1,200TotalAmt
Management And General$1,200ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$4,220TotalAmt
Program Services$220ProgramServicesAmt
Management And General$4,000ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,886TotalAmt
Program Services$1,886ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$19,495TotalAmt
Program Services$9,856ProgramServicesAmt
Management And General$9,639ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$16,899BOYAmt
EOY$8,634EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$100,963BOYAmt
EOY$94,385EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$32,656BOYAmt
EOY$31,656EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$32,202BOYAmt
EOY$59,024EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$609,771BOYAmt
EOY$582,948EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$7,197BOYAmt
EOY$7,779EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$799,688BOYAmt
EOY$784,426EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$799,688BOYAmt
EOY$784,426EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$799,688BOYAmt
EOY$784,426EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$799,688BOYAmt
EOY$784,426EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$15,262ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,749CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$10,580CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$6,020CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,029CurrentTaxYearMinus1YearAmt
Current Tax Year$3,703CurrentTaxYearAmt
Total$28,081TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,749CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$10,580CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$6,020CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,029CurrentTaxYearMinus1YearAmt
Current Tax Year$3,703CurrentTaxYearAmt
Total$28,081TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$28,081PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$167CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$124CurrentTaxYearMinus1YearAmt
Current Tax Year$133CurrentTaxYearAmt
Total$424TotalAmt
FieldValueIRS element (for citing)
Total Support$28,505TotalSupportAmt
Gross Receipts Rltd Activities$530GrossReceiptsRltdActivitiesAmt
Public Support CY1700.98510PublicSupportCY170Pct
Public Support PY1700.46310PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule D IRS990ScheduleD

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescMORTGAGE RECEIVABLEDesc
Book Value$582,948BookValueAmt
Method ValuationCMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$582,948TotalBookValueSecuritiesAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPGrantTypeTxt
Cash Grant$7,750CashGrantAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONCONTRIBUTIONS ARE MADE TO PENNSYLVANIA STATE UNIVERSITY FOR THE PURPOSE OF GRANTING SCHOLARSHIPS AND OTHER ASSISTANCE TO DESERVING STUDENTS ATTENDING PENNSYLVANIA STATE UNIVERSITY
FORM 990, PAGE 2, PART III, LINE 4DCONTRIBUTIONS MADE TO THE PENNSYLVANIA STATE UNIVERSITY FOR THE PURPOSE OF GRANTING SCHOLARSHIPS AND OTHER ASSISTANCE TO DESERVING STUDENTS ATTENDING PENN STATE UNIVERSITY
FORM 990, PAGE 6, PART VI, LINE 11BRETURNS ARE REVIEWED BY DIRECTORS AND OFFICERS BEFORE FILING
FORM 990, PAGE 6, PART VI, LINE 19GOVERNING DOCUMENTS DISCLOSURE AVAILABLE UPON REQUEST
FORM 990, PART XI, LINE 9LOSS ON INVESTMENTS REPORTED AS EXPENSE 0 LOSS ON INVESTMENTS REPORTED AS EXPENSE 0

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