Phi Eta Kappa

990EZ • Fiscal year 2023 • EIN 01-0422081

Sep 01, 2022 to Aug 31, 2023 • Filed on Feb 20, 2024

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.

0.78x

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

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

1.15x

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

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

19%

Higher net margin than 81% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

Higher top officer pay than 93% of similar nonprofits.

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

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

25%

Faster asset growth than 84% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Annualized from 2022 to 2023

35%

Faster revenue growth than 83% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet

Liabilities / Assets95th percentile

Assets

$158,250

Up $31,889 (+25%) from 2022

Net Assets

$34,097

Up $20,071 (+143%) from 2022

Liabilities

$124,153

Up $11,818 (+11%) from 2022

Revenue And Expenses

Liabilities / Revenue96th percentile Net Margin81st percentile

Revenue

$107,776

Up $28,208 (+35%) from 2022

Expenses

$87,705

Up $11,462 (+15%) from 2022

Net Income

$20,071

Up $16,746 (+504%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth84th percentile

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

Highlighted filing

2023

Assets$158,250

Liabilities$124,153

Net Assets$34,097

Open 2023 Filing

Operations Trend

Revenue Growth83rd percentile

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

Highlighted filing

2023

Revenue$107,776

Expenses$87,705

Net Income$20,071

Open 2023 Filing

Jump To

Filing Snapshot

Filing Period: Sep 1, 2022 to Aug 31, 2023
Signed: Feb 20, 2024
Return Version: 2022v5.0
Gross Receipts: $107,776

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.	-	-

Compensation and Service Providers

Top Officer Pay93rd percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
GABRIEL MARTIN	President	-	$0	-	-
CONNOR ALBERTSON	Vice President	-	$0	-	-
NICK MCGOVERN	Treasurer	-	$0	-	-
ALEXANDER GROVER	Secretary	-	$0	-	-
RYAN CROCKETT	House Manager	-	$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: 2024-02-20
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 $55600”

Other Expenses.2

“Utilities $22717”

Other Expenses.3

“UG Administrative Expenses $2034”

Other Expenses.4

“Homecoming $2000”

Other Expenses.5

“Chapter Composite $1164”

Other Expenses.6

“UG Chapter Operations $934”

Other Expenses.7

“Supplies $356”

Other Assets.1005

“Accounts Receivable - Beginning $54505 Accounts Receivable - Ending $67558”

Other Assets.2

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

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $752 Accounts Payable and Accrued Expenses - Ending $2418”

Total Liabilities.1003

“Deferred Revenue - Beginning $104708 Deferred Revenue - Ending $114610”

Total Liabilities.1

“Rood Deposits - Beginning $6875 Rood Deposits - Ending $7125”

Raw XML Appendix141 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	66856
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	85692
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/CostOfGoodsSoldAmt	0	0
IRS990EZ/CostOrOtherBasisExpenseSaleAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	20071
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	2080
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	126361
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	158250
IRS990EZ/FundraisingGrossIncomeAmt	0	0
IRS990EZ/GrossReceiptsAmt	0	107776
IRS990EZ/GrossReceiptsForPublicUseAmt	0	0
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InitiationFeesAndCapContriAmt	0	0
IRS990EZ/InvestmentIncomeAmt	0	23
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingAccrualInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	14026
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	34097
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	14026
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	34097
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	820
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	GABRIEL MARTIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	CONNOR ALBERTSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	NICK MCGOVERN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	ALEXANDER GROVER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	RYAN CROCKETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	HOUSE MANAGER
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501cInd	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	59505
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	72558
IRS990EZ/OtherExpensesTotalAmt	0	84805
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	107753
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/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SpecialEventsDirectExpensesAmt	0	0
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	112335
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	124153
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	87705
IRS990EZ/TotalRevenueAmt	0	107776
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Rent expense $55600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Utilities $22717
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	UG Administrative Expenses $2034
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	Homecoming $2000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	Chapter Composite $1164
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	5	UG Chapter Operations $934
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	6	Supplies $356
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	7	Accounts Receivable - Beginning $54505 Accounts Receivable - Ending $67558
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	8	Prepaid to BA - Beginning $5000 Prepaid to BA - Ending $5000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	9	Accounts Payable and Accrued Expenses - Beginning $752 Accounts Payable and Accrued Expenses - Ending $2418
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	10	Deferred Revenue - Beginning $104708 Deferred Revenue - Ending $114610
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	11	Rood Deposits - Beginning $6875 Rood Deposits - Ending $7125
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 Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	5	Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	6	Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	7	Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	8	Other Assets.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	9	Total Liabilities.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	10	Total Liabilities.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	11	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	2024-02-20
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/IRSResponsiblePrtyInfoCurrInd	0	true
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	2024-02-20T12:44:58-08:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	TIMOTHY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	COOKSON
ReturnHeader/TaxPeriodBeginDt	0	2022-09-01
ReturnHeader/TaxPeriodEndDt	0	2023-08-31
ReturnHeader/TaxYr	0	2022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $158,250
Liabilities: $124,153
Net assets: $34,097
Revenue: $107,776
Expenses: $87,705
Net income: $20,071

	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