DAILY PENNSYLVANIAN INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- DAILY PENNSYLVANIAN INC (EIN 22-2546201)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-08
- IRS object ID
- 201441289349300644
- Schema version
- 2012v2.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-08T09:52:04-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231144520 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TAIT WELLER & BAKER LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1818 MARKET STREET SUITE 2400 | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 19103 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 222546201 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE DAILY PENNSYLVANIAN INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | DAIL | NameControl |
| Phone | 2158986581 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4015 WALNUT STREET | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 191046198 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ERIC JACOBS | Name |
| Title | GENERAL MANAGER | Title |
| Phone | 2158986581 | Phone |
| Date Signed | 2014-05-08 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | STACY CULLEN | Name |
| PTIN | P00974308 | PTIN |
| Phone | 2159798800 | Phone |
| Date Prepared | 2014-05-02 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ERIC JACOBS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4015 WALNUT STREET | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 191046198 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1263000 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.THEDP.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1885 | YearFormation |
| State Legal Domicile | PA | StateLegalDomicile |
| Activity Or Mission Description | THE PUBLICATION OF THE UNIVERSITY OF PENNSYLVANIA'S INDEPENDENT STUDENT NEWSPAPER AND RELATED PUBLICATIONS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 7 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 3 | NbrIndependentVotingMembers |
| Total Nbr Employees | 42 | TotalNbrEmployees |
| Total Nbr Volunteers | 150 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 20478 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 33294 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 790819 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 714789 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 71839 | InvestmentIncomePriorYear |
| Investment Income Current Year | 139043 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 883136 | TotalRevenuePriorYear |
| Total Revenue Current Year | 887126 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 410245 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 407212 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 541361 | OtherExpensePriorYear |
| Other Expenses Current Year | 461652 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 951606 | TotalExpensesPriorYear |
| Total Expenses Current Year | 868864 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -68470 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 18262 | RevenuesLessExpensesCY |
| Total Assets BOY | 2659658 | TotalAssetsBOY |
| Total Assets EOY | 2829918 | TotalAssetsEOY |
| Total Liabilities BOY | 57631 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 50761 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 2602027 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 2779157 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE DAILY PENNSYLVANIAN EXISTS TO INFORM THE PENN COMMUNITY OF RELEVANT NEWS AND OPINION WHILE PROVIDING A TRAINING VEHICLE FOR STUDENTS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 264054 | Expense |
| Revenue | 714789 | Revenue |
| Description | THE DAILY PENNSYLVANIAN IS THE INDEPENDENT STUDENT NEWSPAPER OF THE UNIVERSITY OF PENNSYLVANIA. ABOUT 136 MORNINGS EACH SCHOOL YEAR, PENN STUDENTS, FACULTY AND STAFF TURN TO THE DP AS THEIR SOURCE OF CAMPUS AND CITY NEWS AND SPORTS COVERAGE. THE DIFFERENT EDITORIAL DEPARTMENTS ARE: NEWS, SPORTS,PHOTOGRAPHY, ART, EDITORIAL PAGE, DESIGN, 34TH STREET MAGAZINE, THE WEEKLY PENNSYLVANIAN, AND THE DP.COM. | Description |
| Total Program Service Expense | 264054 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 23 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 42 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 7 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 3 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 1 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERIC JACOBS GENERAL MANAGER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2158986581 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4015 WALNUT STREET | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 191046198 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (15 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| RACHEL EASTERBROOK | ||||||
| DIRECTOR - FALL 2012 | 20.00 | X | 2463 | 0 | 0 | |
| MICHAEL TONY | ||||||
| DIRECTOR - SPRING 2013 | 20.00 | X | 0 | 0 | 0 | |
| NINA WOLPOW | ||||||
| DIRECTOR - SPRING 2013 | 20.00 | X | 0 | 0 | 0 | |
| ELIZABETH HORKLEY | ||||||
| DIRECTOR - FALL 2012 | 20.00 | X | 1000 | 0 | 0 | |
| JULIE XIE | ||||||
| DIRECTOR - SPRING 2013 | 20.00 | X | 800 | 0 | 0 | |
| TAYLOR CULLIVER | ||||||
| DIRECTOR - SPRING 2013 | 20.00 | X | 0 | 0 | 0 | |
| MEGAN SOISSON | ||||||
| DIRECTOR - FALL 2012 | 20.00 | X | 700 | 0 | 0 | |
| ERIC JACOBS | ||||||
| GENERAL MANAGER | 40.00 | 100000 | 0 | 9742 | X | |
| DANA TOM | ||||||
| PRESIDENT - FALL 2012 | 30.00 | 1000 | 0 | 0 | X | |
| JENNIFER SUN | ||||||
| PRESIDENT - SPRING 2013 | 30.00 | 800 | 0 | 0 | X | |
| EMILY KUO | ||||||
| VICE PRESIDENT - FALL 2012 | 30.00 | 1000 | 0 | 0 | X | |
| MELISSA HONG | ||||||
| TREASURER -'12,VICE PRESIDENT- '13 | 30.00 | 700 | 0 | 0 | X | |
| SARAH GADSDEN | ||||||
| SECRETARY - FALL 2012 | 30.00 | 1000 | 0 | 0 | X | |
| ELLEN FRIERSON | ||||||
| SECRETARY - SPRING 2013 | 30.00 | 0 | 0 | 0 | X | |
| GIAN MASCIOLI | ||||||
| TREASURER - SPRING 2013 | 30.00 | 0 | 0 | 0 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 109463 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 9742 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| All Other Contributions | 33294 | AllOtherContributions |
| Total Contributions | 33294 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| ADVERTISING REVENUES | 900099 | 644245 | 644245 |
| GRAPHICS, ETC. | 900099 | 70544 | 70544 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 714789 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 77206 | TotalRevenueColumn |
| Exclusion | $77,206 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 432807 | Securities |
| Other | 4904 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 370970 | Securities |
| Other | 4904 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 61837 | Securities |
| Other | 0 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 61837 | TotalRevenueColumn |
| Related Or Exempt Function Income | 61837 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 887126 | TotalRevenueColumn |
| Related Or Exempt Function Income | 776626 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $77,206 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 116626 | Total |
| Program Services | 5369 | ProgramServices |
| Management And General | 111257 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 239187 | Total |
| Program Services | 11921 | ProgramServices |
| Management And General | 227266 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5085 | Total |
| Management And General | 5085 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17855 | Total |
| Management And General | 17855 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28459 | Total |
| Program Services | 2212 | ProgramServices |
| Management And General | 26247 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2000 | Total |
| Management And General | 2000 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8774 | Total |
| Management And General | 8774 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 293918 | Total |
| Program Services | 232969 | ProgramServices |
| Management And General | 60949 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 100 | Total |
| Management And General | 100 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 66519 | Total |
| Management And General | 66519 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3662 | Total |
| Program Services | 2523 | ProgramServices |
| Management And General | 1139 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15514 | Total |
| Management And General | 15514 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21884 | Total |
| Program Services | 8691 | ProgramServices |
| Management And General | 13193 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17914 | Total |
| Management And General | 17914 | ManagementAndGeneral |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral | Program ServicesProgramServices |
|---|---|---|---|
| BANK FEES | 14108 | 14108 | |
| NEWS REPORTING EXPENSE | 369 | 369 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16890 | Total |
| Management And General | 16890 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 868864 | Total |
| Program Services | 264054 | ProgramServices |
| Management And General | 604810 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 113237 | BOY |
| EOY | 52201 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 45300 | BOY |
| EOY | 77657 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25140 | BOY |
| EOY | 25285 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31400 | BOY |
| EOY | 29559 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 814042 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 798123 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35461 | BOY |
| EOY | 15919 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2409120 | BOY |
| EOY | 2629297 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2659658 | BOY |
| EOY | 2829918 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17334 | BOY |
| EOY | 6904 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40297 | BOY |
| EOY | 43857 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 57631 | BOY |
| EOY | 50761 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2499428 | BOY |
| EOY | 2665482 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 102599 | BOY |
| EOY | 113675 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2602027 | BOY |
| EOY | 2779157 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2659658 | BOY |
| EOY | 2829918 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 18262 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 158868 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 1 | AccountantCompileOrReview |
Accountant Compile Or Review Basis AccountantCompileOrReviewBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| FS Audited | 0 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 70743 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 32574 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 20086 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 20478 | CurrentTaxYearMinus1Year |
| Current Tax Year | 33294 | CurrentTaxYear |
| Total | 177175 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1179251 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 926572 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 882874 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 790819 | CurrentTaxYearMinus1Year |
| Current Tax Year | 714789 | CurrentTaxYear |
| Total | 4494305 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1249994 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 959146 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 902960 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 811297 | CurrentTaxYearMinus1Year |
| Current Tax Year | 748083 | CurrentTaxYear |
| Total | 4671480 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 50000 | CurrentTaxYearMinus4Years |
| Total | 50000 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 50000 | CurrentTaxYearMinus4Years |
| Total | 50000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 4621480 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 70958 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 57258 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 65206 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 71839 | CurrentTaxYearMinus1Year |
| Current Tax Year | 77204 | CurrentTaxYear |
| Total | 342465 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 70958 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 57258 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 65206 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 71839 | CurrentTaxYearMinus1Year |
| Current Tax Year | 77204 | CurrentTaxYear |
| Total | 342465 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1320952 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1016404 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 968166 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 883136 | CurrentTaxYearMinus1Year |
| Current Tax Year | 825287 | CurrentTaxYear |
| Total | 5013945 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.92170 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.92770 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.06830 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.06350 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2347405 | BeginningOfYearBalance |
| Contributions | 8286 | Contributions |
| Investment Earnings Or Losses | 279143 | InvestmentEarningsOrLosses |
| Other Expenditures | 9400 | OtherExpenditures |
| End Of Year Balance | 2625434 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2243155 | BeginningOfYearBalance |
| Contributions | 10082 | Contributions |
| Investment Earnings Or Losses | 104337 | InvestmentEarningsOrLosses |
| Other Expenditures | 10169 | OtherExpenditures |
| End Of Year Balance | 2347405 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1896552 | BeginningOfYearBalance |
| Contributions | 11200 | Contributions |
| Investment Earnings Or Losses | 340603 | InvestmentEarningsOrLosses |
| Other Expenditures | 5200 | OtherExpenditures |
| End Of Year Balance | 2243155 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1671245 | BeginningOfYearBalance |
| Contributions | 22878 | Contributions |
| Investment Earnings Or Losses | 210592 | InvestmentEarningsOrLosses |
| Other Expenditures | 8163 | OtherExpenditures |
| End Of Year Balance | 1896552 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1922988 | BeginningOfYearBalance |
| Contributions | 18490 | Contributions |
| Investment Earnings Or Losses | -261433 | InvestmentEarningsOrLosses |
| Other Expenditures | 8800 | OtherExpenditures |
| End Of Year Balance | 1671245 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 1.00000 | BoardDesignatedEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 213416 | OtherCostOrOtherBasis |
| Depreciation | 213416 | Depreciation |
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 600626 | OtherCostOrOtherBasis |
| Depreciation | 584707 | Depreciation |
| Book Value | 15919 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 15919 | TotalOfBookValueLandBuildings |
| Footnote In Part XIII | X | FootnoteInPartXIII |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X, LINE 2: | ReturnReference |
| Explanation | MANAGEMENT HAS REVIEWED THE TAX POSITIONS FOR EACH OF THE OPEN TAX YEARS (2010-2012) OR EXPECTED TO BE TAKEN IN THE ORGANIZATION'S 2013 TAX RETURN AND HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | THE ORGANIZATION HAS AMENDED ITS BYLAWS ON OCTOBER 5, 2013. THE AMENDED BYLAWS FUNDAMENTALLY CHANGE ONLY THE MAKE-UP OF THE ORGANIZATION'S BOARD OF DIRECTORS; THE NUMBER OF MEMBERS, WHO THE MEMBERS ARE, AND HOW THEY ARE SELECTED. IN THE NEW BOARD MAKE UP, A MINORITY OF MEMBERS ARE NON-STUDENT ALUMNI OF THE ORGANIZATION, A CHANGE WHICH WAS MADE TO IMPROVE LONG-TERM PLANNING AND CONTINUITY ON THE BOARD AND TO ADD EXTERNAL DIRECTORS TO A PREVIOUSLY ALL-INTERNAL BOARD. THE NEW BYLAWS DO NOT CHANGE THE ORGANIZATION STRUCTURALLY, NOR CHANGE ITS MISSION OF SERVING THE STUDENTS AND COMMUNITY OF THE UNIVERSITY OF PENNSYLVANIA. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE 990 IS ANNUALLY PRESENTED TO THE BOARD MEMEBERS BEFORE FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE DAILY PENNSYLVANIAN'S CONFLICT OF INTEREST POLICY IS ANNUALLY REVIEWED WITH NEWLY ELECTED BOARD MEMBERS. THE POLICY IS ALSO POSTED IN A DISPLAY CASE IN THE OFFICE. DUE TO THE NATURE OF OUR BUSINESS, BOARD MEMBERS GENERALLY ARE NOT IN THE POSITION TO GRANT CONTRACTS TO ANY VENDORS. |
| FORM 990, PART VI, SECTION B, LINE 15 | EACH DECEMBER, A COMPENSATION COMMITTEE (4 BOARD MEMBERS), WHO ARE NOT EMPLOYEES OF THE ORGANIZATION, MEETS TO PERFORM ANNUAL EVALUATIONS FOR ALL FULL-TIME EMPLOYEES AND TO SET COMPENSATION FOR THE UPCOMING CALENDAR YEAR. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT ANY TIME DURING NORMAL BUSINESS HOURS. |
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