KEYSTONE COLLEGE: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- KEYSTONE COLLEGE (EIN 24-0795441)
- Tax period
- 2011-06-01 to 2012-05-31
- Filed
- 2013-02-15
- IRS object ID
- 201320499349300107
- Schema version
- 2011v1.5
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-02-15T08:59:48-06:00 | Timestamp |
| Tax Period End Date | 2012-05-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 232932984 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PARENTEBEARD LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 46 PUBLIC SQUARE SUITE 400 | AddressLine1 |
| City | WILKESBARRE | City |
| State | PA | State |
| ZIP Code | 18701 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-06-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 240795441 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KEYSTONE COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | KEYS | NameControl |
| Phone | 5709458000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE COLLEGE GREEN | AddressLine1 |
| City | LAPLUME | City |
| State | PA | State |
| ZIP Code | 18440 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KEVIN M WILSON | Name |
| Title | VP OF FINANCE AND ADMIN | Title |
| Phone | 5709458000 | Phone |
| Date Signed | 2013-02-16 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JULIUS GREEN CPA | Name |
| PTIN | P00350393 | PTIN |
| Phone | 5708200100 | Phone |
| Date Prepared | 2013-02-11 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DR EDWARD G BOEHM JR | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE COLLEGE GREEN | AddressLine1 |
| City | LAPLUME | City |
| State | PA | State |
| ZIP Code | 18440 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 41859272 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.KEYSTONE.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1935 | YearFormation |
| State Legal Domicile | PA | StateLegalDomicile |
| Activity Or Mission Description | EDUCATING STUDENTS IN A LIBERAL ARTS TRADITION FOSTERING A GLOBAL PERSPECTIVE ON LIFE-LONG LEARNING. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 36 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 30 | NbrIndependentVotingMembers |
| Total Nbr Employees | 432 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3682270 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2166740 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 34132617 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 35248082 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 206891 | InvestmentIncomePriorYear |
| Investment Income Current Year | 230573 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 385870 | OtherRevenuePriorYear |
| Other Revenue Current Year | 348543 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 38407648 | TotalRevenuePriorYear |
| Total Revenue Current Year | 37993938 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 11198937 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 11372558 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 13673412 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 14435850 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 695203 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 12290772 | OtherExpensePriorYear |
| Other Expenses Current Year | 12183858 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 37163121 | TotalExpensesPriorYear |
| Total Expenses Current Year | 37992266 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1244527 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1672 | RevenuesLessExpensesCY |
| Total Assets BOY | 33468218 | TotalAssetsBOY |
| Total Assets EOY | 32892341 | TotalAssetsEOY |
| Total Liabilities BOY | 18216852 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 18576063 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 15251366 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 14316278 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | KEYSTONE COLLEGE EDUCATES STUDENTS IN A LIBERAL ARTS TRADITION THAT VALUES CIVILITY, INTEGRITY, AND CURIOSITY, FOSTERING A GLOBAL PERSPECTIVE ON CULTURAL DIVERSITY, ENVIRONMENTAL SUSTAINABILITY, AND LIFE-LONG LEARNING. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 33073870 | Expense |
| Grants | 11372558 | Grants |
| Revenue | 35483287 | Revenue |
| Description | HIGHER EDUCATION SERVICES - KEYSTONE COLLEGE PROVIDES EDUCATION AND RELATED SUPPORT SERVICES TO OVER 1,650 STUDENTS FROM 14 STATES AND 12 COUNTRIES. WE OFFER A WIDE RANGE OF BACCALAUREATE AND ASSOCIATE DEGREES, WHILE PROVIDING FINANCIAL AID TO MEET 96% OF OUR STUDENTS' OVERALL DEMONSTRATED FINANCIAL NEED. WE OFFERED OVER $11 MILLION IN SCHOLARSHIPS FROM INTERNAL RESOURCES TO OVER 1,500 STUDENTS. OVER 500 OF OUR STUDENTS RESIDE ON CAMPUS, WHILE THE REMAINDER COMMUTE FROM HOME OR LIVE IN PRIVATE RESIDENCES NEAR CAMPUS. WE MAINTAIN A 10:1 RATIO OF STUDENTS TO FACULTY IN ORDER TO PROMOTE A CARING AND SUPPORTIVE ENVIRONMENT DEDICATED TO MEETING OUR STUDENTS' LEARNING NEEDS. WE PROVIDE OUR STUDENTS CO-CURRICULAR OPPORTUNITIES TO LEARN AND GROW; THESE INCLUDE: VARSITY ATHLETICS (NCAA DIVISION III - 8 SPORTS FOR WOMEN AND 7 SPORTS FOR MEN); FACULTY-LED STUDY ABROAD EXCURSIONS; FOREIGN AND DOMESTIC INTERNSHIP OPPORTUNITIES; AND STUDENT CLUBS AND ORGANIZATIONS. ALSO, OUR CAMPUS COMMUNITY ENJOYS A WIDE VARIETY OF EDUCATIONAL RESOURCES, FACILITIES, AND OPPORTUNITIES THAT WE MAKE AVAILABLE TO THE PUBLIC. | Description |
| Total Program Service Expense | 33073870 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | 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 | 1 | 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 | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | 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 | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | 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 |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 6 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 432 | 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 | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| 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 | 36 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 30 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | 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 | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | PA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KEVIN M WILSON | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5709458000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE COLLEGE GREEN | AddressLine1 |
| City | LAPLUME | City |
| State | PA | State |
| ZIP Code | 18440 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (37 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| HARRY E DOWLING | |||||||
| CHAIR | 2.00 | X | X | 0 | 0 | 0 | |
| THOMAS G SPEICHER | |||||||
| FIRST VICE CHAIR | 2.00 | X | X | 0 | 0 | 0 | |
| SUSAN S BELIN | |||||||
| SECOND VICE CHAIR | 2.00 | X | X | 0 | 0 | 0 | |
| SUSAN SCRANTON DAWSON | |||||||
| SECRETARY | 2.00 | X | X | 0 | 0 | 0 | |
| MARILYN W BARBE | |||||||
| ASST SECRETARY/ TREASURER | 2.00 | X | X | 0 | 0 | 0 | |
| KEVIN M WILSON | |||||||
| TREASURER/ VP OF FINANCE | 40.00 | X | X | 89505 | 0 | 13256 | |
| DR EDWARD G BOEHM JR | |||||||
| PRESIDENT | 40.00 | X | X | 209000 | 0 | 37300 | |
| WILLIAM E AUBREY II | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| JOYCE M AVILA | |||||||
| TRUSTEE/ADJUNCT INSTRUCTOR | 10.00 | X | 11300 | 0 | 0 | ||
| DR HARMAR BRERETON | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| DR JACK C CASSELL | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| JON S CRAIGHEAD | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| THOMAS W DAVIS | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| MICHELE DEMPSEY | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| MARK DESTEFANO | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| NANCY DRESSEL | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| DR DAVID L ELLIOTT | |||||||
| TRUSTEE | 40.00 | X | 0 | 0 | 0 | ||
| HOMA FERDOWSKI | |||||||
| TRUSTEE/ADJUNCT INSTRUCTOR | 10.00 | X | 10200 | 0 | 0 | ||
| ALEX FRIED | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| GEORGE W GINADER CPA | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| JANE JULIUS HONCHELL | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| ROBERT L KAGLER | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| DR FRANCES LANGAN | |||||||
| TRUSTEE/PROFESSOR | 40.00 | X | 99358 | 0 | 13672 | ||
| GRETCHEN ZEIDLER MILLER | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| GERARD O'DONNELL | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| JANE OPPENHEIM | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| JOSEPH J QUINN CPA | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| LETHA WELLS REINHEIMER | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| SUZANNE FISHER STAPLES | |||||||
| TRUSTEE/ADJUNCT INSTRUCTOR | 10.00 | X | 7500 | 0 | 0 | ||
| CURTIS N STEVENS | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| ROBERT SWARTLEY | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| JOYCE E TRESSLER | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| DR BETTY J TUROCK | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| DR DAVID L TUROCK | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| FAFI KEATING KARAM | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| EARLE WOOTTON | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| THEA HARRINGTON | |||||||
| VICE PRESIDENT - ACADEMIC AF | 40.00 | 110000 | 0 | 14869 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 536863 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 79097 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| SODEXHO INC | |||||
| 9801 WASHINGTONIAN BLVD | GAITHERSBURG | MD | 20878 | DINING SERVICES/FACILITIES MANAGEMENT | 3026956 |
| CONDRON & COMPANY | |||||
| 225 WYOMING AVENUE | SCRANTON | PA | 18503 | MARKETING | 316040 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
| Fundraising Events | 31147 | FundraisingEvents |
| Government Grants | 1158631 | GovernmentGrants |
| All Other Contributions | 976962 | AllOtherContributions |
| Total Contributions | 2166740 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION & FEES | 611600 | 31091376 | 31091376 |
| ROOM & BOARD | 721000 | 4156706 | 4156706 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 35248082 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 123400 | TotalRevenueColumn |
| Exclusion | $123,400 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 53219 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 51225 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 1994 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1994 | TotalRevenueColumn |
| Exclusion | $1,994 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3438080 | Securities |
| Other | 451391 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3782298 | Securities |
| Other | 0 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -344218 | Securities |
| Other | 451391 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 107173 | TotalRevenueColumn |
| Exclusion | $107,173 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 28527 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 31147 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 31811 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -3284 | TotalRevenueColumn |
| Exclusion | -$3,284 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| EARLY ED TRAINING CTR | 611710 | 196922 | 196922 | |
| BOOK STORE COMMISSION | 900099 | 47596 | $47,596 | |
| STUDENT FEES | 900099 | 34657 | 34657 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 70658 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3626 | RelatedOrExemptFunctionIncome |
| Exclusion | $67,032 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 349833 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 37993938 | TotalRevenueColumn |
| Related Or Exempt Function Income | 35483287 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $343,911 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11372558 | Total |
| Program Services | 11372558 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 594855 | Total |
| Program Services | 198850 | ProgramServices |
| Management And General | 396005 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11460329 | Total |
| Program Services | 9397470 | ProgramServices |
| Management And General | 1604446 | ManagementAndGeneral |
| Fundraising | 458413 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 458842 | Total |
| Program Services | 367074 | ProgramServices |
| Management And General | 78003 | ManagementAndGeneral |
| Fundraising | 13765 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1083051 | Total |
| Program Services | 660661 | ProgramServices |
| Management And General | 346576 | ManagementAndGeneral |
| Fundraising | 75814 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 838773 | Total |
| Program Services | 687794 | ProgramServices |
| Management And General | 117428 | ManagementAndGeneral |
| Fundraising | 33551 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38137 | Total |
| Management And General | 38137 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 69400 | Total |
| Management And General | 69400 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3511784 | Total |
| Program Services | 3055252 | ProgramServices |
| Management And General | 421414 | ManagementAndGeneral |
| Fundraising | 35118 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 325379 | Total |
| Program Services | 283080 | ProgramServices |
| Management And General | 42299 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 314491 | Total |
| Program Services | 235868 | ProgramServices |
| Management And General | 75478 | ManagementAndGeneral |
| Fundraising | 3145 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2095715 | Total |
| Program Services | 1739022 | ProgramServices |
| Management And General | 335224 | ManagementAndGeneral |
| Fundraising | 21469 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 427551 | Total |
| Program Services | 389071 | ProgramServices |
| Management And General | 34204 | ManagementAndGeneral |
| Fundraising | 4276 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 89928 | Total |
| Program Services | 54856 | ProgramServices |
| Management And General | 31475 | ManagementAndGeneral |
| Fundraising | 3597 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 538619 | Total |
| Program Services | 441668 | ProgramServices |
| Management And General | 91565 | ManagementAndGeneral |
| Fundraising | 5386 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2085442 | Total |
| Program Services | 1710063 | ProgramServices |
| Management And General | 354525 | ManagementAndGeneral |
| Fundraising | 20854 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 204304 | Total |
| Program Services | 167529 | ProgramServices |
| Management And General | 34732 | ManagementAndGeneral |
| Fundraising | 2043 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| BAD DEBT EXPENSE | 358128 | 297246 | 60882 | |
| STUDENT ACTIVITIES/SERV | 314594 | 314594 | ||
| DUES, MEMBERSHIPS & SUB | 253889 | 144717 | 91400 | 17772 |
| STUDENT INSURANCE | 48475 | 48475 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1508022 | Total |
| Program Services | 1508022 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37992266 | Total |
| Program Services | 33073870 | ProgramServices |
| Management And General | 4223193 | ManagementAndGeneral |
| Fundraising | 695203 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3112 | BOY |
| EOY | 233922 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 291865 | BOY |
| EOY | 3652 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1565043 | BOY |
| EOY | 381029 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2650600 | BOY |
| EOY | 2691507 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 129821 | BOY |
| EOY | 107740 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 459572 | BOY |
| EOY | 523193 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 48258189 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 27402859 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19780604 | BOY |
| EOY | 20855330 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7264543 | BOY |
| EOY | 6834071 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1323058 | BOY |
| EOY | 1261897 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33468218 | BOY |
| EOY | 32892341 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2143592 | BOY |
| EOY | 2398859 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 500660 | BOY |
| EOY | 421867 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8500000 | BOY |
| EOY | 8200000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3814257 | BOY |
| EOY | 3734000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3258343 | BOY |
| EOY | 3821337 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18216852 | BOY |
| EOY | 18576063 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5780288 | BOY |
| EOY | 6371619 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3100797 | BOY |
| EOY | 1412039 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6370281 | BOY |
| EOY | 6532620 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15251366 | BOY |
| EOY | 14316278 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33468218 | BOY |
| EOY | 32892341 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 1672 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -936760 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets In Part X | 350954 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7165858 | BeginningOfYearBalance |
| Contributions | 223500 | Contributions |
| Investment Earnings Or Losses | -180657 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 423500 | GrantsOrScholarships |
| Administrative Expenses | 44578 | AdministrativeExpenses |
| End Of Year Balance | 6740623 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 6597857 | BeginningOfYearBalance |
| Contributions | 99755 | Contributions |
| Investment Earnings Or Losses | 780408 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 261471 | GrantsOrScholarships |
| Administrative Expenses | 50691 | AdministrativeExpenses |
| End Of Year Balance | 7165858 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 5989385 | BeginningOfYearBalance |
| Contributions | 163342 | Contributions |
| Investment Earnings Or Losses | 982828 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 414625 | GrantsOrScholarships |
| Other Expenditures | 72785 | OtherExpenditures |
| Administrative Expenses | 50288 | AdministrativeExpenses |
| End Of Year Balance | 6597857 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 8037018 | BeginningOfYearBalance |
| Contributions | 107582 | Contributions |
| Investment Earnings Or Losses | -1576822 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 424218 | GrantsOrScholarships |
| Other Expenditures | 102784 | OtherExpenditures |
| Administrative Expenses | 51391 | AdministrativeExpenses |
| End Of Year Balance | 5989385 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.14000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.78000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.08000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 665582 | OtherCostOrOtherBasis |
| Book Value | 665582 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 32871222 | OtherCostOrOtherBasis |
| Depreciation | 17625599 | Depreciation |
| Book Value | 15245623 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 13955278 | OtherCostOrOtherBasis |
| Depreciation | 9777260 | Depreciation |
| Book Value | 4178018 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 766107 | OtherCostOrOtherBasis |
| Book Value | 766107 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 20855330 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (6 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| CAPITAL LEASES | $281,451 |
| ANNUITY PAYABLE | $196,320 |
| REFUNDABLE ADVANCES FROM GOVERNMENT AGENCIES | $930,153 |
| STUDENT DEPOSITS | $1,285,390 |
| AGENCY FUNDS PAYABLE | $131,255 |
| INTEREST RATE SWAP | $996,768 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 3821337 | TotalOfAmounts |
| Total Revenue | 37993938 | TotalRevenue |
| Total Expenses | 37992266 | TotalExpenses |
| Excess Or Deficit For Year | 1672 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 20 | NetUnrealizedGLOnInvestments |
| Other | -$936,780 | OtherAmount |
| Total Adjustments | -936760 | TotalAdjustments |
| Excess Or Deficit Per FS | -935088 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 25690654 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 20 | NetUnrealizedGainsInvestments |
| Other Revenues | -936780 | OtherRevenues |
| Revenue Not Rptd F990 | -936760 | RevenueNotRptdF990 |
| Revenue Subtotal | 26627414 | RevenueSubtotal |
| Other Revenues Not Included | 11366524 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 11366524 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 37993938 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 26625742 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 54509 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 54509 | ExpensesNotRptdF990 |
| Expenses Subtotal | 26571233 | ExpensesSubtotal |
| Other Expenses Not Included | 11421033 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 11421033 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 37992266 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 4: | COLLECTION ITEMS ACQUIRED AFTER JUNE 1, 1996 ARE CAPITALIZED AT COST, IF PURCHASED, OR FAIR VALUE. SUCH COLLECTION ITEMS INCLUDE ARTWORK, GLASS, CRYSTAL AND OTHER ITEMS. COLLECTION ITEMS ACQUIRED PRIOR TO JUNE 1, 1996 WERE NOT CAPITALIZED. THESE ITEMS INCLUDE A COLLECTION OF MEMORABILIA FROM BASEBALL HALL OF FAMER, CHRISTY MATHEWSON, AN ALUMNUS OF KEYSTONE ACADEMY, THE FORERUNNER TO KEYSTONE COLLEGE. OUR COLLECTION HAS BEEN DESCRIBED AS "THE LARGEST AND BEST" OF ITS KIND BY SPORTS MEMORABILIA EXPERTS. IT IS AN IMPORTANT PIECE OF OUR INSTITUTION'S HISTORY AND IS THE CENTERPIECE OF THE ANNUAL COMMUNITY CELEBRATION THAT WE HOST FOR OUR NEIGHBORING COMMUNITY, FACTORYVILLE BOROUGH, WHICH WAS MR. MATHEWSON'S BIRTHPLACE. WE OWN A COLLECTION OF ANTIQUE, ORNAMENTAL GLASS SERVING PIECES. THESE ITEMS PROVIDE TANGIBLE EXAMPLES OF A FINE ART PRACTICE THAT IS BECOMING SCARCELY PRACTICED. THIS COLLECTION ADDS CONSIDERABLE VALUE TO OUR STUDENTS' EDUCATION EXPERIENCE, PARTICULARLY THOSE WHO STUDY AND PRACTICE THE ART OF GLASS-BLOWING IN OUR ON-CAMPUS GLASS STUDIO. WE ALSO MAINTAIN A COLLECTION OF VARIOUS WORKS OF VISUAL ART, INCLUDING PAINTINGS, DRAWINGS, AND SCULPTURES, THAT ENHANCE OUR STUDENTS' EDUCATIONAL EXPERIENCE AND ADD VALUE TO OUR CAMPUS AESTHETIC. | |
| PART V, LINE 4: | EARNINGS ON ENDOWMENT FUNDS ARE USED TO SUPPORT SCHOLARSHIPS FOR STUDENTS, FACULTY SALARIES, AND AWARDS. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| PART X: | THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. INCOME DETERMINED TO BE UNRELATED BUSINESS INCOME IS TAXABLE. THE COLLEGE BELIEVES ALL ITS INCOME IS RELATED INCOME AND ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE COLLEGE'S POLICY IS TO RECOGNIZE INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. THE COLLEGE'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX FOR THE YEARS ENDED MAY 31, 2009 THROUGH 2012 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| UNREALIZED GAIN ON INTEREST RATE SWAP -873,334. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS -61,161. CHANGE IN VALUE OF ANNUITY OBLIGATIONS -2,285. TOTAL TO SCHEDULE D, PART XI, LINE 8: -936,780. | PART XI, LINE 8 - OTHER ADJUSTMENTS: | |
| UNREALIZED LOSS ON INTEREST RATE SWAP -873,334. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS -61,161. CHANGE IN VALUE OF ANNUITY OBLIGATIONS -2,285. | PART XII, LINE 2D - OTHER ADJUSTMENTS: | |
| STUDENT AID 11,372,558. RECLASS OF STUDENT INSURANCE 48,475. GOLF TOURNAMENT NET EXPENSE -3,284. RENTAL EXPENSES -51,225. | PART XII, LINE 4B - OTHER ADJUSTMENTS: | |
| RENTAL EXPENSE 51,225. GOLF TOURNAMENT EXPENSE, NET 3,284. | PART XIII, LINE 2D - OTHER ADJUSTMENTS: | |
| STUDENT AID 11,372,558. STUDENT INSURANCE 48,475. | PART XIII, LINE 4B - OTHER ADJUSTMENTS: |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 0 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | WE SOLICIT STUDENTS THROUGHOUT THE YEAR AND MAKE THEM AWARE OF THE POLICY THROUGH OUR WRITTEN ADMISSIONS MATERIALS, OUR CATALOGUE, AND OUR WEBSITE. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | KEYSTONE COLLEGE PARTICIPATES IN THE TITLE IV FEDERAL STUDENT ASSISTANCE PROGRAMS. THE ORGANIZATION ALSO PARTICIPATES IN THE COMMONWEALTH OF PENNSYLVANIA STATE GRANTS PROGRAM AND INSTITUTIONAL ASSISTANCE GRANTS PROGRAM. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GOLF TOURNAMENT | NameOfEvent1 |
| Gross Receipts Event1 | 59674 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 31147 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 28527 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 5473 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 25008 | RentFacilityCostsEvent1 |
| Other Direct Expenses Event1 | 1330 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 59674 | GrossReceiptsTotal |
| Charitable Contributions Total | 31147 | CharitableContributionsTotal |
| Gross Revenue Total Events | 28527 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 5473 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 25008 | RentFacilityCostsTotalEvents |
| Other Direct Expenses Total Events | 1330 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 31811 | DirectExpenseSummaryEvents |
| Net Income Summary | -3284 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS (INTERNAL TUITION DISCOUNTS) | TypeOfGrant |
| Number Of Recipients | 1245 | NumberOfRecipients |
| Amount Of Cash Grant | 11372558 | AmountOfCashGrant |
| Method Of Valuation | CASH | MethodOfValuation |
| Description Of Non Cash Assistance | N/A | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: ALL STUDENTS APPLYING FOR FINANCIAL ASSISTANCE ARE REQUIRED TO SUBMIT THE FREE APPLICATION FOR FEDERAL STUDENT AID ("FAFSA"). THE STUDENT FINANCIAL AID OFFICE REVIEWS THE RESULTS OF THE FAFSA, WHICH DICTATES WHAT AND HOW MUCH FEDERAL FUNDING THE INDIVIDUAL STUDENT IS ELIGIBLE FOR. IF THE STUDENT IS DETERMINED TO BE IN COMPLIANCE WITH ALL FEDERAL REGULATIONS, AS DETERMINED BY THE DEPARTMENT OF EDUCATION, THE STUDENT FINANCIAL AID OFFICE AWARDS THE STUDENT THE APPROPRIATE FUNDING. STUDENT FILES REGARDING ELIGIBILITY ARE MAINTAINED BY THE STUDENT FINANCIAL AID OFFICE. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DR EDWARD G BOEHM JR | NamePerson |
| Base Compensation Filing Org | 209000 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 37300 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 246300 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | DR. BOEHM'S EMPLOYMENT AGREEMENT CALLS FOR THE COLLEGE TO PROVIDE HOUSING ON CAMPUS AND TO PAY MEMBERSHIPS TO GLEN OAK COUNTRY CLUB AND BIRCHWOOD RACQUET CLUB. THESE AMOUNTS ARE NOT INCLUDED IN HIS TAXABLE INCOME AS THEY ARE FOR THE BENEFIT OF THE COLLEGE. | Explanation |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 4 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 28500 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | EQUIPMENT | Description |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 3599 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | BOOK VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | THIRD PARTY USE: | Identifier |
| Return Reference | PART I, LINE 32B: | ReturnReference |
| Explanation | KEYSTONE COLLEGE MAINTAINS BROKERAGE ACCOUNTS AND UTILIZES THE BROKERAGE SERVICES TO SELL NON-CASH CONTRIBUTIONS OF PUBLICLY TRADED SECURITIES. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | DR. BETTY J. TUROCK AND DR. DAVID L. TUROCK, BOTH TRUSTEES, ARE RELATED TO EACH OTHER AS MOTHER AND SON. IN ORDER TO DETERMINE WHETHER OR NOT THERE ARE ANY BUSINESS OR FAMILY RELATIONSHIPS BETWEEN OFFICERS, DIRECTORS, TRUSTEES OR KEY EMPLOYEES, INTERVIEWS ARE PERFORMED BY HUMAN RESOURCES, FOLLOWED BY THE RESPONSIBLE MANAGERS, VICE PRESIDENT, AND POSSIBLY THE PRESIDENT AND/OR A SEARCH COMMITTEE COMPRISED OF SEVERAL EMPLOYEES AND BOARD MEMBERS. THE DIRECTOR OF HUMAN RESOURCES CONDUCTS THE CONFLICT OF INTEREST QUESTION AND BUSINESS AND FAMILY RELATIONSHIP QUESTIONS, AND PREPARES A LOG OF THE RESPONSES. THIS INFORMATION IS FORWARDED TO THE PRESIDENT. | |
| FORM 990, PART VI, SECTION B, LINE 11 | COPIES OF THE FINAL FORM 990 WERE PROVIDED TO ALL TRUSTEES PRIOR TO ITS FILING. THE FORM WAS REVIEWED AND APPROVED BY KEVIN M. WILSON, VICE PRESIDENT OF FINANCE AND ADMINISTRATION/TREASURER BEFORE FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE COLLEGE REQUIRES ALL COVERED PARTIES SUCH AS TRUSTEES, KEY EMPLOYEES AND OFFICERS TO COMPLETE CONFLICT QUESTIONNAIRES ON AN ANNUAL BASIS. THE VP OF FINANCE AND ADMINISTRATION COLLECTS AND REVIEWS THESE QUESTIONNAIRES AND REPORTS ANY CONFLICTS TO THE PRESIDENT AND CHAIRMAN OF THE BOARD. BOARD MEMBERS ABSTAIN FROM VOTING WHEN CONFLICTS ARISE. | |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION FOR THE CHIEF EXECUTIVE OFFICER AND THE PRESIDENT WAS DETERMINED BY THE CHAIRMAN OF THE BOARD OF TRUSTEES, AN INDEPENDENT TRUSTEE. THE CHAIRMAN CONSULTED WITH OTHER INDEPENDENT MEMBERS OF THE BOARD OF TRUSTEES, AT HIS DISCRETION, AND REVIEWED EXECUTIVE COMPENSATION DATA PROVIDED BY THE CHIEF FINANCIAL OFFICER, THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION/TREASURER. THIS INFORMATION INCLUDED, BUT WAS NOT LIMITED TO: INDUSTRY SURVEY DATA FROM THE CHRONICLE OF HIGHER EDUCATION, NACUBO, YAFFE AND COMPANY, AND AICUP. COMPENSATION FOR OTHER KEY EMPLOYEES WAS DETERMINED BY THE PRESIDENT, WHO CONSULTED WITH MEMBERS OF THE BOARD OF TRUSTEES, AT HIS DISCRETION. HE ALSO REVIEWED INFORMATION FROM INDUSTRY SOURCES, SUCH AS THOSE LISTED ABOVE. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS: 20. UNREALIZED GAIN ON INTEREST RATE SWAP -873,334. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS -61,161. CHANGE IN VALUE OF ANNUITY OBLIGATIONS -2,285. TOTAL TO FORM 990, PART XI, LINE 5: -936,760. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| PAGE 12, PART XII, LINE 2C | THE PROCESS USED BY THE COMMITTEE THAT ASSUMES RESPONSIBLITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. | AUDIT COMMITTEE |
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