Phi Eta Kappa

990EZ • Fiscal year 2022 • EIN 01-0422081

Sep 01, 2021 to Aug 31, 2022 • Filed on Jul 16, 2023

Organization Profile N/A

107 College AvenueOrono, ME 04473

(207) 862-6462

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

0.89x

Higher debt load relative to assets than 95% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

1.41x

Higher debt load relative to revenue than 96% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

4.2%

Higher net margin than 54% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

112%

Faster asset growth than 96% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Annualized from 2021 to 2022

22%

Faster revenue growth than 61% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet

Liabilities / Assets95th percentile

Assets

$126,361

Up $66,849 (+112%) from 2021

Net Assets

$14,026

Up $3,325 (+31%) from 2021

Liabilities

$112,335

Up $63,524 (+130%) from 2021

Revenue And Expenses

Liabilities / Revenue96th percentile Net Margin54th percentile

Revenue

$79,568

Up $14,296 (+22%) from 2021

Expenses

$76,243

Up $10,620 (+16%) from 2021

Net Income

$3,325

Up $3,676 (+1047%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2022

Assets$126,361

Liabilities$112,335

Net Assets$14,026

Open 2022 Filing

Operations Trend

Revenue Growth61st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2022

Revenue$79,568

Expenses$76,243

Net Income$3,325

Open 2022 Filing

Jump To

Filing Snapshot

Filing Period: Sep 1, 2021 to Aug 31, 2022
Signed: Jul 16, 2023
Return Version: 2021v4.1
Gross Receipts: $81,617

Mission and Program Overview

Mission

The organizations mission is to provides room and board and a supportive environment for students to learn. The organization is a greek social fraternity that participates in a variety of team building activities. The organization also hosts a number of social events throughout the year benefitting the university of maine and its surrounding communities.

Program Services

Description	Grants	Expenses
THE ORGANIZATIONS EXEMPT PURPOSE ACHIEVEMENTS PROVIDED A SUPPORTIVE ENVIRONMENT FOR STUDENTS TO LEARN. THE ORGANIZATION ALSO HOSTED SEVERAL EVENTS IN SUPPORT OF THE UNIVERSITY OF MAINE.	-	$76,243

Compensation and Service Providers

Top Officer Pay93rd percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
AUSTIN FINDLEN	Vice President	-	$0	-	-
TIMOTHY COOKSON	President	-	$0	-	-
NICKOLAS GUERETTE	Treasurer	-	$0	-	-
KYLE STOCK	House Manager	-	$0	-	-
DEVIN CYR	Secretary	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Phi Eta Kappa
EIN: 01-0422081
Address: 107 COLLEGE AVENUE, ORONO, ME 04473

Signing Officer

Name: Timothy Cookson
Title: President
Signed: 2023-07-16
Discuss with paid preparer: Yes

Preparer

Firm: JDRioux
Address: 14 MERRITT DRIVE, ORONO, ME 04473
Preparer: Joelle Rioux
Phone: 2078523318

Supplemental Narrative

Additional Explanations

Other Expenses.1

“Rent expense $44500”

Other Expenses.2

“Recolonization Expenses $2850”

Other Expenses.3

“Chapter Composite $966”

Other Expenses.4

“UG Administrative Expenses $217”

Other Assets.1005

“Accounts Receivable - Beginning $11079 Accounts Receivable - Ending $54505”

Other Assets.1

“Due to BA - Beginning $750 Due to BA - Ending $0”

Other Assets.2

“Prepaid to BA - Beginning $5000 Prepaid to BA - Ending $5000”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $1957 Accounts Payable and Accrued Expenses - Ending $752”

Total Liabilities.1003

“Deferred Revenue - Beginning $41854 Deferred Revenue - Ending $104708”

Total Liabilities.1

“Rood Deposits - Beginning $5000 Rood Deposits - Ending $6875”

Raw XML Appendix139 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path	#	Value
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BooksInCareOfDetail/PersonNm	0	ELAINE BLAKE
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	2078626462
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	22 FRANCES DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	HAMPDEN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	ME
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	04444
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	42683
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	66856
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/CostOfGoodsSoldAmt	0	0
IRS990EZ/CostOrOtherBasisExpenseSaleAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	3325
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	59512
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	126361
IRS990EZ/FundraisingGrossIncomeAmt	0	861
IRS990EZ/GrossReceiptsAmt	0	81617
IRS990EZ/GrossReceiptsForPublicUseAmt	0	0
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InitiationFeesAndCapContriAmt	0	0
IRS990EZ/InvestmentIncomeAmt	0	12
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingAccrualInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	10701
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	14026
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	10701
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	14026
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	27710
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	4	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	AUSTIN FINDLEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	TIMOTHY COOKSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	NICKOLAS GUERETTE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	KYLE STOCK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	DEVIN CYR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	HOUSE MANAGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	Secretary
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501cInd	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	16829
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	59505
IRS990EZ/OtherExpensesTotalAmt	0	48533
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	THE ORGANIZATIONS MISSION IS TO PROVIDES ROOM AND BOARD AND A SUPPORTIVE ENVIRONMENT FOR STUDENTS TO LEARN. THE ORGANIZATION IS A GREEK SOCIAL FRATERNITY THAT PARTICIPATES IN A VARIETY OF TEAM BUILDING ACTIVITIES. THE ORGANIZATION ALSO HOSTS A NUMBER OF SOCIAL EVENTS THROUGHOUT THE YEAR BENEFITTING THE UNIVERSITY OF MAINE AND ITS SURROUNDING COMMUNITIES.
IRS990EZ/ProgramServiceRevenueAmt	0	80744
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	THE ORGANIZATIONS EXEMPT PURPOSE ACHIEVEMENTS PROVIDED A SUPPORTIVE ENVIRONMENT FOR STUDENTS TO LEARN. THE ORGANIZATION ALSO HOSTED SEVERAL EVENTS IN SUPPORT OF THE UNIVERSITY OF MAINE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	76243
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SpecialEventsDirectExpensesAmt	0	2049
IRS990EZ/SpecialEventsNetIncomeLossAmt	0	-1188
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	48811
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	112335
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	76243
IRS990EZ/TotalProgramServiceExpensesAmt	0	76243
IRS990EZ/TotalRevenueAmt	0	79568
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Rent expense $44500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Recolonization Expenses $2850
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	Chapter Composite $966
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	UG Administrative Expenses $217
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	Accounts Receivable - Beginning $11079 Accounts Receivable - Ending $54505
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	5	Due to BA - Beginning $750 Due to BA - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	6	Prepaid to BA - Beginning $5000 Prepaid to BA - Ending $5000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	7	Accounts Payable and Accrued Expenses - Beginning $1957 Accounts Payable and Accrued Expenses - Ending $752
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	8	Deferred Revenue - Beginning $41854 Deferred Revenue - Ending $104708
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	9	Rood Deposits - Beginning $5000 Rood Deposits - Ending $6875
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	5	Other Assets.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	6	Other Assets.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	7	Total Liabilities.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	8	Total Liabilities.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	9	Total Liabilities.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd	0	AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd	0	FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd	0	IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd	0	2
ReturnHeader/BuildTS	0	2023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	TIMOTHY COOKSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	President
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2023-07-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	PHI ETA KAPPA
ReturnHeader/Filer/BusinessNameControlTxt	0	PHIE
ReturnHeader/Filer/EIN	0	010422081
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	107 COLLEGE AVENUE
ReturnHeader/Filer/USAddress/CityNm	0	ORONO
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	ME
ReturnHeader/Filer/USAddress/ZIPCd	0	04473
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	006581311
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	JDRioux
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	14 MERRITT DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	ORONO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	ME
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	04473
ReturnHeader/PreparerPersonGrp/PhoneNum	0	2078523318
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	Joelle Rioux
ReturnHeader/PreparerPersonGrp/SelfEmployedInd	0	X
ReturnHeader/ReturnTs	0	2023-07-17T06:41:57-07:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	TIMOTHY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	COOKSON
ReturnHeader/TaxPeriodBeginDt	0	2021-09-01
ReturnHeader/TaxPeriodEndDt	0	2022-08-31
ReturnHeader/TaxYr	0	2021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $126,361
Liabilities: $112,335
Net assets: $14,026
Revenue: $79,568
Expenses: $76,243
Net income: $3,325

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$2.15	$1.58	$0.57	$1.44	$1.21	$0.23
2023Detailed filing. Detailed filing data is available for this year.	$1.58	$1.24	$0.34	$1.08	$0.88	$0.20
2022Detailed filing. Detailed filing data is available for this year.	$1.26	$1.12	$0.14	$0.80	$0.76	$0.03
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.	$0.60	$0.49	$0.11	$0.65	$0.66	$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.54	$0.43	$0.11	$0.14	$0.03	$0.10
2019Detailed filing. Detailed filing data is available for this year.	$0.01	$0.00	$0.01	$0.00	$0.00	$0.00
2018Detailed filing. Detailed filing data is available for this year.	$0.01	$0.00	$0.01	$0.00	$0.00	$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.01	$0.00	$0.01	$0.00	$0.00	$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.01	$0.00	$0.01	$0.00	$0.03	$0.02
2015Detailed filing. Detailed filing data is available for this year.	$0.04	$0.00	$0.04	$0.02	$0.07	$0.06
2014Summary only. Only limited summary data is available for this year.	$0.10	$0.01		$1.35	$1.45	$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.68	$1.49	$0.20	$1.41	$1.44	$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.73	$1.50	$0.23	$1.30	$1.26	$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.49	$1.31	$0.19	$1.19	$1.06	$0.13