Penn State Basketball Scholarship Fund
Nonprofit profile at a glance
- EIN
- 251639335
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- State College, PA, USA
- Phone
- 8149548031
- Rating
- 63
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $76,310
- Expenses
- $39,585
- Assets
- $53,114
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- PAUL TOMCZUK (PRESIDENT)
- DOUG LOVISCKY (SECRETARY/VICE PRESIDENT)
People named in this filing
- PAUL TOMCZUK (PRESIDENT)
- CALVIN J WAGNER (TREASURER)
- DOUG LOVISCKY (SECRETARY/VICE PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To aid and assist both financial and otherwise the basketball program at the Pennsylvania state university, and to operate a booster club for the benefit and enjoyment of its membership.
What it reported doing in 2024
Luncheons held during basketball season.
Operating model
- Revenue model
- Membership-supported. 81% of the money available for current operations came from membership dues.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 52
- Transparency & Controls: 82
- Sustainability: 73
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 38.7%; rating input score 39
- Program expense ratio: 73.1%; rating input score 73
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 48.1%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 1.34; rating input score 54; 54th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -0.9% per year; rating input score 0; 45th percentile among comparable filings
- Revenue growth: -1.6% per year; rating input score 0; 45th percentile among comparable filings
- Asset growth: 27.5% per year; rating input score 100; 90th percentile among comparable filings
Details
- Where the money goes: 38.7% of revenue deployed · 73.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $29K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 1 filed schedules
- Filing history: 9 filing years from 2012 to 2024
- Contacts: How to reach this organization
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 39/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 54/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.