Civic Intelligence

Pennsylvania Lambda Chapter Of

990 • Fiscal year 2021 • EIN 24-0798406

Jan 01, 2021 to Dec 31, 2021 • Filed on Jul 12, 2022

Organization ProfileWWW.GREEKS.PSU.EDU/IFC/PKP
403 Locust LaneState College, PA 16801

(215) 589-8481

Siviq Scores

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

Liabilities / Assets

50th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

50th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Net Margin

43rd percentile

1.9%

Higher net margin than 43% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Balance Sheet
Liabilities / Assets50th percentile

Assets

$63,124

No earlier filing loaded for comparison.

Net Assets

$63,124

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue50th percentileNet Margin43rd percentile

Revenue

$463,656

No earlier filing loaded for comparison.

Expenses

$455,029

No earlier filing loaded for comparison.

Net Income

$8,627

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$300K$200K$100K$0Assets 2021: $63,124Liabilities 2021: $0Net Assets 2021: $63,1242021Assets 2022: $211,050Liabilities 2022: $0Net Assets 2022: $211,0502022Assets 2023: $17,917Liabilities 2023: $0Net Assets 2023: $17,9172023Assets 2024: $83,670Liabilities 2024: $0Net Assets 2024: $83,6702024

Highlighted filing

2021

Assets$63,124
Liabilities$0
Net Assets$63,124
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$600K$400K$200K$0-$200KRevenue 2021: $463,656Expenses 2021: $455,029Net Income 2021: $8,6272021Revenue 2022: $513,739Expenses 2022: $365,813Net Income 2022: $147,9262022Revenue 2023: $409,879Expenses 2023: $475,919Net Income 2023: -$66,0402023Revenue 2024: $534,247Expenses 2024: $468,494Net Income 2024: $65,7532024

Highlighted filing

2021

Revenue$463,656
Expenses$455,029
Net Income$8,627
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jul 12, 2022
Return Version
2021v4.0
Gross Receipts
$463,656
Mission and Program Overview

Mission

To operate the local chapter of phi kappa psi fraternity penn lambda chapter at penn state universiy, a college social fraternity. Specifically, to promote the social, intellectual, and moral development of college and university men, both members and pledges of phi kappa psi fraternity. To continue among graduate members the close friendship and loyalty inspired and stabilized by mutual aid and understanding. To support the education of members and outstanding scholars, to assist members in time of need, and to support selected humanitarian activities.

Local chapter of a national collegiate social fraternity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$54,497$63,124▲ $8,627
Rtn Earn Endowment Incm Other Fnds$54,497$63,124▲ $8,627
Total Assets$54,497$63,124▲ $8,627
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$54,497$63,124▲ $8,627
Total Liabilities and Net Assets / Fund Balance$54,497$63,124▲ $8,627
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Aidan MaguirePresident
Jacob DallyRisk Manager
Brian JonovichTreasurer
Connor TobinVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
College Fresh INCCatering701 DEVONSHIRE DRIVE C-23, Champaign, IL 61820$153,243
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$463,656
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$8,627
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$455,029
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$197,943--$197,943
Other Expenses$19,483--$19,483
Fees for Services Accounting$8,075--$8,075
Office Expenses$1,994--$1,994
Total Functional Expenses$455,029$0$0$455,029
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The organization's form 990 is prepared by an accountant experienced in the area of non-profit taxation. The board makes a cursory review of the return to make sure no material omissions or misstatements are made on the return before it is filed. Once approved, the return is signed by an authorized agent and filed.”

Form 990, Page 6, Part VI, Line 19

“Upon request, within one week of request.”

Filing and Contact Details

Filer

Filer Name
Pennsylvania Lambda Chapter of
EIN
24-0798406
Phone
2155898481
Address
403 LOCUST LANE, STATE COLLEGE, PA 16801

Signing Officer

Name
Brian Jonovich
Title
Treasurer
Phone
2155898481
Signed
2022-07-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Jonovich
Formed
1912
Legal Domicile
Pa
Voting Board Members
4
Independent Board Members
0
Employees
0
Volunteers
24

Preparer

Firm
Greek Resource Services LLC
Address
PO BOX 1880, TUSCALOOSA, AL 35403-1880
Preparer
Elizabeth Brewer
Phone
2057587754
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To operate the local chapter of phi kappa psi fraternity penn lambda chapter at, penn state universiy, a college social fraternity. Specifically, to promote the social, intellectual, and moral development of college and university men, both members and pledges of phi kappa psi fraternity. To continue among graduate members the close friendship and loyalty inspired and stabilized by mutual aid and understanding. To support the education of members and outstanding scholars, to assist members in time of need, and to support selected humanitarian activities. Our organization supports numerous charitable organizations and we hold many community service events annually”

Raw XML Appendix247 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.

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IRS990/BooksInCareOfDetail/PersonNm0BRIAN JONOVICH
IRS990/BooksInCareOfDetail/PhoneNum02155898481
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IRS990/ContractorCompensationGrp/CompensationAmt0153243
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0CHAMPAIGN
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd061820
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IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
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IRS990/EmployeeCnt00
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IRS990/FeesForServicesAccountingGrp/TotalAmt08075
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IRS990/Form990PartVIISectionAGrp/PersonNm0JACOB DALLY
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IRS990/Form990PartVIISectionAGrp/PersonNm2AIDAN MAGUIRE
IRS990/Form990PartVIISectionAGrp/PersonNm3CONNOR TOBIN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0RISK MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01912
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0463656
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InitiationFeesAndCapContriAmt05750
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO OPERATE THE LOCAL CHAPTER OF PHI KAPPA PSI FRATERNITY PENN LAMBDA CHAPTER AT, PENN STATE UNIVERSIY, A COLLEGE SOCIAL FRATERNITY. SPECIFICALLY, TO PROMOTE THE SOCIAL, INTELLECTUAL, AND MORAL DEVELOPMENT OF COLLEGE AND UNIVERSITY MEN, BOTH MEMBERS AND PLEDGES OF PHI KAPPA PSI FRATERNITY. TO CONTINUE AMONG GRADUATE MEMBERS THE CLOSE FRIENDSHIP AND LOYALTY INSPIRED AND STABILIZED BY MUTUAL AID AND UNDERSTANDING. TO SUPPORT THE EDUCATION OF MEMBERS AND OUTSTANDING SCHOLARS, TO ASSIST MEMBERS IN TIME OF NEED, AND TO SUPPORT SELECTED HUMANITARIAN ACTIVITIES. OUR ORGANIZATION SUPPORTS NUMEROUS CHARITABLE ORGANIZATIONS AND WE HOLD MANY COMMUNITY SERVICE EVENTS ANNUALLY
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt054497
IRS990/NetAssetsOrFundBalancesEOYAmt063124
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0197943
IRS990/OccupancyGrp/TotalAmt0197943
IRS990/OfficeExpensesGrp/ProgramServicesAmt01994
IRS990/OfficeExpensesGrp/TotalAmt01994
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0KITCHEN EXPENSES
IRS990/OtherExpensesGrp/Desc1CHAPTER DUES & FEES
IRS990/OtherExpensesGrp/Desc2CHAPTER OPERATIONS
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IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
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IRS990/PYTotalRevenueAmt0298488
IRS990/ReconcilationRevenueExpnssAmt08627
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt054497
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IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO OPERATE THE LOCAL CHAPTER OF PHI KAPPA PSI FRATERNITY PENN LAMBDA CHAPTER AT, PENN STATE UNIVERSIY, A COLLEGE SOCIAL FRATERNITY. SPECIFICALLY, TO PROMOTE THE SOCIAL, INTELLECTUAL, AND MORAL DEVELOPMENT OF COLLEGE AND UNIVERSITY MEN, BOTH MEMBERS AND PLEDGES OF PHI KAPPA PSI FRATERNITY. TO CONTINUE AMONG GRADUATE MEMBERS THE CLOSE FRIENDSHIP AND LOYALTY INSPIRED AND STABILIZED BY MUTUAL AID AND UNDERSTANDING. TO SUPPORT THE EDUCATION OF MEMBERS AND OUTSTANDING SCHOLARS, TO ASSIST MEMBERS IN TIME OF NEED, AND TO SUPPORT SELECTED HUMANITARIAN ACTIVITIES. OUR ORGANIZATION SUPPORTS NUMEROUS CHARITABLE ORGANIZATIONS AND WE HOLD MANY COMMUNITY SERVICE EVENTS ANNUALLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S FORM 990 IS PREPARED BY AN ACCOUNTANT EXPERIENCED IN THE AREA OF NON-PROFIT TAXATION. THE BOARD MAKES A CURSORY REVIEW OF THE RETURN TO MAKE SURE NO MATERIAL OMISSIONS OR MISSTATEMENTS ARE MADE ON THE RETURN BEFORE IT IS FILED. ONCE APPROVED, THE RETURN IS SIGNED BY AN AUTHORIZED AGENT AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST, WITHIN ONE WEEK OF REQUEST.
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
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRIAN JONOVICH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02155898481
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-07-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PENNSYLVANIA LAMBDA CHAPTER OF
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0PHI KAPPA PSI
ReturnHeader/Filer/BusinessNameControlTxt0PENN
ReturnHeader/Filer/EIN0240798406
ReturnHeader/Filer/PhoneNum02155898481
ReturnHeader/Filer/USAddress/AddressLine1Txt0403 LOCUST LANE
ReturnHeader/Filer/USAddress/CityNm0STATE COLLEGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd016801
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GREEK RESOURCE SERVICES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1880
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TUSCALOOSA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0354031880
ReturnHeader/PreparerPersonGrp/PhoneNum02057587754
ReturnHeader/PreparerPersonGrp/PreparationDt02022-07-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELIZABETH BREWER
ReturnHeader/ReturnTs02022-07-18T16:09:45-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BRIAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0JONOVICH
ReturnHeader/TaxPeriodBeginDt02021-01-01
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
$63,124
Liabilities
$0
Net assets
$63,124
Revenue
$463,656
Expenses
$455,029
Net income
$8,627
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$5.34$4.68$0.66
2023Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$4.10$4.76$0.66
2022Detailed filing. Detailed filing data is available for this year.$2.11$0.00$2.11$5.14$3.66$1.48
2021Detailed filing. Detailed filing data is available for this year.$0.63$0.00$0.63$4.64$4.55$0.09