Penn State Basketball Scholarship Fund Inc
- Assets
- $11.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- State College, PA
- Founding
- Data as of
- 06/2019
- EIN
- 25-1639335
Organization Overview
Penn State Basketball Scholarship Fund Inc is located in State College, PA.
For the year ending 06/2019, Penn State Basketball Scholarship Fund Inc generated $80.9k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $73.8k during the year ending 06/2019. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Tomczuk President | 0 | $0 | |
Chris Magent Vice President | 0 | $0 | |
Calvin J Wagner Treasurer | 0 | $0 | |
Doug Loviscky Secretary | 0 | $0 | |
Mike Werner Director | 0 | $0 | |
Pat Chambers Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20 |
| Total Program Service Revenue | $9,006 |
| Membership dues | $65,775 |
| Investment income | $48 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $6,100 |
| Total Revenue | $80,949 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,220 |
| Other expenses | $69,102 |
| Total expenses | $73,822 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,956 |
| Other assets | $0 |
| Total assets | $11,041 |
| Total liabilities | $0 |
| Net assets or fund balances | $11,041 |