Civic Intelligence

Phi Kappa Sigma Educational Fund Inc

990 • Fiscal year 2021 • EIN 23-6235335

Aug 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

Organization ProfilePKSEDFUND.COM
PO Box 508Chestertown, MD 21620

(630) 417-3118

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$5,305,557

Up $774,233 (+17%) from 2020

Net Assets

Up

$5,301,392

Up $915,069 (+21%) from 2020

Liabilities

Down

$4,165

Down $140,836 (-97%) from 2020

Revenue And Expenses

Revenue

Down

$295,505

Down $15,675 (-5.0%) from 2020

Expenses

Down

$137,854

Down $324,135 (-70%) from 2020

Net Income

Up

$157,651

Up $308,460 (+205%) from 2020

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2012: $3,253,351Liabilities 2012: $73,306Net Assets 2012: $3,180,0452012Assets 2013: $3,665,258Liabilities 2013: $97,175Net Assets 2013: $3,568,0832013Assets 2014: $4,003,583Liabilities 2014: $84,129Net Assets 2014: $3,919,4542014Assets 2015: $4,213,210Liabilities 2015: $148,573Net Assets 2015: $4,064,6372015Assets 2016: $4,186,011Liabilities 2016: $113,010Net Assets 2016: $4,073,0012016Assets 2017: $4,524,232Liabilities 2017: $61,000Net Assets 2017: $4,463,2322017Assets 2018: $4,823,223Liabilities 2018: $120,250Net Assets 2018: $4,702,9732018Assets 2019: $4,627,132Liabilities 2019: $90,000Net Assets 2019: $4,537,1322019Assets 2020: $4,531,324Liabilities 2020: $145,001Net Assets 2020: $4,386,3232020Assets 2021: $5,305,557Liabilities 2021: $4,165Net Assets 2021: $5,301,3922021Assets 2021: $5,305,558Liabilities 2021: $4,166Net Assets 2021: $5,301,3922021Assets 2022: $4,460,494Liabilities 2022: $41,119Net Assets 2022: $4,419,3752022Assets 2023: $4,563,530Liabilities 2023: $29,967Net Assets 2023: $4,533,5632023Assets 2024: $4,819,144Liabilities 2024: $511Net Assets 2024: $4,818,6332024

Highlighted filing

2021

Assets$5,305,557
Liabilities$4,165
Net Assets$5,301,392
Open 2021 Filing

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2012: $221,8692012Expenses 2013: $220,3842013Revenue 2014: $284,536Expenses 2014: $204,569Net Income 2014: $79,9672014Revenue 2015: $335,806Expenses 2015: $241,033Net Income 2015: $94,7732015Revenue 2016: $407,645Expenses 2016: $292,041Net Income 2016: $115,6042016Revenue 2017: $307,357Expenses 2017: $174,660Net Income 2017: $132,6972017Revenue 2018: $566,801Expenses 2018: $327,060Net Income 2018: $239,7412018Revenue 2019: $225,389Expenses 2019: $391,230Net Income 2019: -$165,8412019Revenue 2020: $311,180Expenses 2020: $461,989Net Income 2020: -$150,8092020Revenue 2021: $295,505Expenses 2021: $137,854Net Income 2021: $157,6512021Revenue 2021: $313,202Expenses 2021: $137,854Net Income 2021: $175,3482021Revenue 2022: $361,518Expenses 2022: $509,782Net Income 2022: -$148,2642022Revenue 2023: $316,275Expenses 2023: $515,833Net Income 2023: -$199,5582023Revenue 2024: $426,177Expenses 2024: $403,318Net Income 2024: $22,8592024

Highlighted filing

2021

Revenue$295,505
Expenses$137,854
Net Income$157,651
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.0
Gross Receipts
$295,505
Mission and Program Overview

Mission

To provide financial assistance in the form of scholarships to eligible fraternity members and support development of scholastic improvement and leadership capability of fratenity members within the individual chapters of the fraternity

To provide financial assistance and training for education to eligible fraternity members

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,629,471$4,611,774▼ $17,697
Land, Buildings, and Equipment, Net$298,980$293,679▼ $5,301
Savings and Temporary Cash Investments$132,101$271,174▲ $139,073
Cash and Non-Interest-Bearing Accounts$83,689$128,930▲ $45,241
Total Assets$5,144,241$5,305,557▲ $161,316
Liabilities
Accounts Payable and Accrued Expenses-$3,665-
Grants Payable$500$500→ $0
Total Liabilities$500$4,165▲ $3,665
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,908,374$4,976,025▲ $67,651
Net Assets With Donor Restrictions$235,367$325,367▲ $90,000
Total Net Assets Fund Balance$5,143,741$5,301,392▲ $157,651
Total Liabilities and Net Assets / Fund Balance$5,144,241$5,305,557▲ $161,316

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$293,679$56,193$349,872
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dennis SheaDirector ofFT$38,333$38,333
Daniel HeissDirector ofFT$9,625$9,625

Board Members and Trustees

NameTitle
Robert BurnettPresident
Ct BenisSecretary
Jeffrey LongTreasurer
Lonney BoekeVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$59,913
Program Service Revenue
$0
Investment Income
$221,426
Other Revenue
$14,166
All Other Contributions
$59,913
Change in Net Assets
$157,651

Audited Revenue Reconciliation

Revenue per Audited Statements
$295,505
Total Revenue per Audited Statements
$295,505
Total Revenue per Form 990
$295,505
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$85,414
Total Fundraising Expense$58,427
Salaries, Compensation, and Employee Benefits$52,440
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees--$47,958$47,958
Conferences and Meetings-$34,460-$34,460
Fees for Services Legal-$28,428-$28,428
Fees for Services Accounting-$7,351-$7,351
Travel--$5,457$5,457
Depreciation Depletion$3,711$1,059$530$5,300
Payroll Taxes--$4,482$4,482
Office Expenses-$2,736-$2,736
Other Expenses-$868-$868
Insurance-$814-$814
Total Functional Expenses$3,711$75,716$58,427$137,854

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$137,854
Total Expenses per Audited Statements$137,854
Total Expenses per Form 990$137,854
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Phi Kappa Sigma Educational Fund I
EIN
23-6235335
Phone
6304173118
Address
PO BOX 508, CHESTERTOWN, MD 21620

Signing Officer

Name
Jeffrey Long
Title
Treasurer
Phone
6304173118
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey Long
Formed
1953
Voting Board Members
16
Independent Board Members
16
Employees
2

Preparer

Firm
Rd Barnett Pllc
Address
2311 N 45 TH ST 105, SEATTLE, WA 98103-6905
Preparer
Reginald D Barnett
Phone
2063478000
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To provide financial assistance in the form of scholarships to eligible fraternity members and support development of scholastic improvement and leadership capability of fratenity members within the individual chapters of the fraternity”

Raw XML Appendix332 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03665
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE FINANCIAL ASSISTANCE AND TRAINING FOR EDUCATION TO ELIGIBLE FRATERNITY MEMBERS
IRS990/AllOtherContributionsAmt059913
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0JEFFREY LONG
IRS990/BooksInCareOfDetail/PhoneNum06304173118
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt025440 LEARMAN RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHESTERTOWN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd021620
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt083689
IRS990/CashNonInterestBearingGrp/EOYAmt0128930
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt047958
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt047958
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt034460
IRS990/ConferencesMeetingsGrp/TotalAmt034460
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt059913
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0221426
IRS990/CYOtherExpensesAmt085414
IRS990/CYOtherRevenueAmt014166
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0157651
IRS990/CYSalariesCompEmpBnftPaidAmt052440
IRS990/CYTotalExpensesAmt0137854
IRS990/CYTotalFundraisingExpenseAmt058427
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0295505
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt0530
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01059
IRS990/DepreciationDepletionGrp/ProgramServicesAmt03711
IRS990/DepreciationDepletionGrp/TotalAmt05300
IRS990/Desc0TO PROVIDE FINANCIAL ASSITANCE AND TRAINING FOR EDUCATION TO ELIGIBLE FRATERNITY MEMBERS
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0235367
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0325367
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt03711
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07351
IRS990/FeesForServicesAccountingGrp/TotalAmt07351
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt028428
IRS990/FeesForServicesLegalGrp/TotalAmt028428
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0ROBERT BURNETT
IRS990/Form990PartVIISectionAGrp/PersonNm1LONNEY BOEKE
IRS990/Form990PartVIISectionAGrp/PersonNm2JEFFREY LONG
IRS990/Form990PartVIISectionAGrp/PersonNm3CT BENIS
IRS990/Form990PartVIISectionAGrp/PersonNm4DENNIS SHEA
IRS990/Form990PartVIISectionAGrp/PersonNm5DANIEL HEISS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt438333
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt59625
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR OF
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR OF
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01953
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GrantsPayableGrp/BOYAmt0500
IRS990/GrantsPayableGrp/EOYAmt0500
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0295505
IRS990/GrossRentsGrp/RealAmt014166
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt016
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0814
IRS990/InsuranceGrp/TotalAmt0814
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0221426
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0221426
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt04629471
IRS990/InvestmentsPubTradedSecGrp/EOYAmt04611774
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt056193
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0298980
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0293679
IRS990/LandBldgEquipCostOrOtherBssAmt0349872
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE FINANCIAL ASSISTANCE IN THE FORM OF SCHOLARSHIPS TO ELIGIBLE FRATERNITY MEMBERS AND SUPPORT DEVELOPMENT OF SCHOLASTIC IMPROVEMENT AND LEADERSHIP CAPABILITY OF FRATENITY MEMBERS WITHIN THE INDIVIDUAL CHAPTERS OF THE FRATERNITY
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt05143741
IRS990/NetAssetsOrFundBalancesEOYAmt05301392
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt014166
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt014166
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04908374
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04976025
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02736
IRS990/OfficeExpensesGrp/TotalAmt02736
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0868
IRS990/OtherExpensesGrp/TotalAmt0868
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt04482
IRS990/PayrollTaxesGrp/TotalAmt04482
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JEFFREY LONG
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt031691
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0162150
IRS990/PYInvestmentIncomeAmt01047957
IRS990/PYOtherExpensesAmt058459
IRS990/PYOtherRevenueAmt023619
IRS990/PYRevenuesLessExpensesAmt0757418
IRS990/PYSalariesCompEmpBnftPaidAmt041359
IRS990/PYTotalExpensesAmt0345849
IRS990/PYTotalProfFndrsngExpnsAmt083881
IRS990/PYTotalRevenueAmt01103267
IRS990/ReconcilationRevenueExpnssAmt0157651
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt014166
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0132101
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0271174
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THIS IS A SHORT-YEAR TAX RETURN THAT ENCOMPASSES THE TIME PERIOD OF AUGUST 1 2021 TO DECEMBER 31 2021. DUE TO THE SHORT PERIOD NATURE OF THE RETURN, THE FOUNDATION WAS UNABLE TO REPORT THE FULL SCOPE OF PUBLIC GIVING WHICH HAS BEEN SHOWN ON PREVIOUS RETURNS IN YEARS PAST. IN ADDITION, DUE TO THE COVID-19 PANDEMIC, THE FOUNDATIONA HAS SEEN A MAJOR REDUCTION IN PUBLIC SUPPORT THAT WAS NOT SEEN IN THE YEARS PROCEEDING THE COVID-19 PANDEMIC. PRIOR TO THE SHORT YEAR AND THE COVID-19 PANDEMIC, THE FOUNDATION WAS ABLE TO PASS THE 33-1/3% TEST WITH EASE. IT IS THEREFORE THE BELIEF OF THE FOUNDATION THAT IT WILL BE ABLE TO PASS THE 33-1/3% IN THE SUCCEEDING YEARS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SUPPLEMENTAL INFORMATION
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt059913
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt031691
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt085807
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt068411
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0116170
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0361992
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0221426
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01047960
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0238096
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0170201
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0234657
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01912340
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0235592
IRS990ScheduleA/PrivateFoundation170Ind0X
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.15920
IRS990ScheduleA/PublicSupportPY170Pct00.18510
IRS990ScheduleA/PublicSupportTotal170Amt0361992
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt059913
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt031691
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt085807
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt068411
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0116170
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0361992
IRS990ScheduleA/TotalSupportAmt02274332
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0137854
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0293679
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt056193
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0349872
IRS990ScheduleD/RevenueSubtotalAmt0295505
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0293679
IRS990ScheduleD/TotalExpensesPerForm990Amt0137854
IRS990ScheduleD/TotalRevenuePerForm990Amt0295505
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0295505
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0137854
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE FINANCIAL ASSISTANCE IN THE FORM OF SCHOLARSHIPS TO ELIGIBLE FRATERNITY MEMBERS AND SUPPORT DEVELOPMENT OF SCHOLASTIC IMPROVEMENT AND LEADERSHIP CAPABILITY OF FRATENITY MEMBERS WITHIN THE INDIVIDUAL CHAPTERS OF THE FRATERNITY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05144241
IRS990/TotalAssetsEOYAmt05305557
IRS990/TotalAssetsGrp/BOYAmt05144241
IRS990/TotalAssetsGrp/EOYAmt05305557
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt059913
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt058427
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt075716
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03711
IRS990/TotalFunctionalExpensesGrp/TotalAmt0137854
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0500
IRS990/TotalLiabilitiesEOYAmt04165
IRS990/TotalLiabilitiesGrp/BOYAmt0500
IRS990/TotalLiabilitiesGrp/EOYAmt04165
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05143741
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05301392
IRS990/TotalProgramServiceExpensesAmt03711
IRS990/TotalReportableCompFromOrgAmt047958
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0235592
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0295505
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05144241
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05305557
IRS990/TravelGrp/FundraisingAmt05457
IRS990/TravelGrp/TotalAmt05457
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt025440 LEARMAN RD
IRS990/USAddress/CityNm0CHESTERTOWN
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd021620
IRS990/VotingMembersGoverningBodyCnt016
IRS990/VotingMembersIndependentCnt016
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFFREY LONG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06304173118
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PHI KAPPA SIGMA EDUCATIONAL FUND I
ReturnHeader/Filer/BusinessNameControlTxt0PHIK
ReturnHeader/Filer/EIN0236235335
ReturnHeader/Filer/PhoneNum06304173118
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 508
ReturnHeader/Filer/USAddress/CityNm0CHESTERTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021620
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464331324
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RD BARNETT PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02311 N 45 TH ST 105
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SEATTLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0981036905
ReturnHeader/PreparerPersonGrp/PhoneNum02063478000
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0REGINALD D BARNETT
ReturnHeader/ReturnTs02022-11-14T15:48:56-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JEFF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LONG
ReturnHeader/TaxPeriodBeginDt02021-08-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,305,557
Liabilities
$4,165
Net assets
$5,301,392
Revenue
$295,505
Expenses
$137,854
Net income
$157,651
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.82$0.00$4.82$0.43$0.40$0.02
2023Detailed filing. Detailed filing data is available for this year.$4.56$0.03$4.53$0.32$0.52$0.20
2022Detailed filing. Detailed filing data is available for this year.$4.46$0.04$4.42$0.36$0.51$0.15
2021Detailed filing. Detailed filing data is available for this year.$5.31$0.00$5.30$0.31$0.14$0.18
2021Detailed filing. Detailed filing data is available for this year.$5.31$0.00$5.30$0.30$0.14$0.16
2020Detailed filing. Detailed filing data is available for this year.$4.53$0.15$4.39$0.31$0.46$0.15
2019Detailed filing. Detailed filing data is available for this year.$4.63$0.09$4.54$0.23$0.39$0.17
2018Detailed filing. Detailed filing data is available for this year.$4.82$0.12$4.70$0.57$0.33$0.24
2017Detailed filing. Detailed filing data is available for this year.$4.52$0.06$4.46$0.31$0.17$0.13
2016Detailed filing. Detailed filing data is available for this year.$4.19$0.11$4.07$0.41$0.29$0.12
2015Detailed filing. Detailed filing data is available for this year.$4.21$0.15$4.06$0.34$0.24$0.09
2014Detailed filing. Detailed filing data is available for this year.$4.00$0.08$3.92$0.28$0.20$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.67$0.10$3.57$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.25$0.07$3.18$0.22