Civic Intelligence

Phi Kappa Psi Fraternity Housing Corpora

990EZ • Fiscal year 2015 • EIN 31-0976217

Jan 01, 2015 to Dec 31, 2015 • Filed on Apr 26, 2016

PO Box 17697Indianapolis, IN 46217

(317) 752-6174

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.65x

Higher debt load relative to assets than 92% of similar nonprofits.

2015 filings • 501(c)7 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

98th percentile

2.52x

Higher debt load relative to revenue than 98% of similar nonprofits.

2015 filings • 501(c)7 • <$500k nonprofits • Source year 2015

Net Margin

2nd percentile

-91%

Higher net margin than 2% of similar nonprofits.

2015 filings • 501(c)7 • <$500k nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2015

Asset Growth

12th percentile

-22%

Faster asset growth than 12% of similar nonprofits.

2015 filings • 501(c)7 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

3rd percentile

-55%

Faster revenue growth than 3% of similar nonprofits.

2015 filings • 501(c)7 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$486,647

Down $137,206 (-22%) from 2014

Net Assets

Down

$170,147

Down $114,025 (-40%) from 2014

Liabilities

Down

$316,500

Down $23,181 (-6.8%) from 2014

Revenue

Down

$125,755

Down $153,755 (-55%) from 2014

Expenses

Up

$239,780

Up $38,064 (+19%) from 2014

Net Income

Down

-$114,025

Down $191,819 (-247%) from 2014

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2014: $623,853Liabilities 2014: $339,681Net Assets 2014: $284,1722014Assets 2015: $486,647Liabilities 2015: $316,500Net Assets 2015: $170,1472015Assets 2016: $475,858Liabilities 2016: $326,500Net Assets 2016: $149,3582016Assets 2017: $449,206Liabilities 2017: $325,169Net Assets 2017: $124,0372017Assets 2018: $417,812Liabilities 2018: $323,366Net Assets 2018: $94,4462018Assets 2019: $408,536Liabilities 2019: $353,366Net Assets 2019: $55,1702019Assets 2020: $462,387Liabilities 2020: $454,659Net Assets 2020: $7,7282020Assets 2021: $446,210Liabilities 2021: $413,877Net Assets 2021: $32,3332021Assets 2022: $472,987Liabilities 2022: $408,157Net Assets 2022: $64,8302022Assets 2023: $559,239Liabilities 2023: $431,932Net Assets 2023: $127,3072023Assets 2024: $522,090Liabilities 2024: $388,709Net Assets 2024: $133,3812024

Highlighted filing

2015

Assets$486,647
Liabilities$316,500
Net Assets$170,147

Operations Trend

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

$300K$200K$100K$0-$100K-$200KRevenue 2014: $279,510Expenses 2014: $201,716Net Income 2014: $77,7942014Revenue 2015: $125,755Expenses 2015: $239,780Net Income 2015: -$114,0252015Revenue 2016: $54,318Expenses 2016: $75,107Net Income 2016: -$20,7892016Revenue 2017: $30,948Expenses 2017: $56,269Net Income 2017: -$25,3212017Revenue 2018: $20,006Expenses 2018: $49,597Net Income 2018: -$29,5912018Revenue 2019: $5,610Expenses 2019: $44,886Net Income 2019: -$39,2762019Revenue 2020: $151,201Expenses 2020: $198,643Net Income 2020: -$47,4422020Revenue 2021: $180,521Expenses 2021: $155,946Net Income 2021: $24,5752021Revenue 2022: $145,836Expenses 2022: $113,339Net Income 2022: $32,4972022Revenue 2023: $163,489Expenses 2023: $100,817Net Income 2023: $62,6722023Revenue 2024: $163,605Expenses 2024: $157,531Net Income 2024: $6,0742024

Highlighted filing

2015

Revenue$125,755
Expenses$239,780
Net Income-$114,025
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Apr 26, 2016
Return Version
2015v2.0
Gross Receipts
$125,755
Mission and Program Overview

Mission

University fraternal housing.

University fraternal housing

Program Services

DescriptionGrantsExpenses
CONTINUOUS MAINTENANCE AND UPKEEP OF UNIVERSITY APPROVED HOUSING FOR MEMBERS OF THE PHI KAPPA PSI FRATERNITY DURING ALL SEMESTERS OF STUDENT ENROLLMENT.$239,780-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Justin BiancardiPresidentPT$0--
Drew StuartSecretaryPT$0--
Scott JacobsonTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Phi Kappa Psi Fraternity
EIN
31-0976217
Phone
3177526174
Address
PO Box 17697, INDIANAPOLIS, IN 46217

Signing Officer

Name
Scott Jacobson
Title
Treasurer
Signed
2016-04-26
Discuss with paid preparer
Yes

Preparer

Firm
CNA Tax Professionals Inc
Address
8606 Allisonville Rd Ste 120, Indianapolis, IN 46250
Preparer
Xiaolin Shi CPA
Phone
3178413393
Supplemental Narrative

Additional Explanations

Other Revenue.1

Insurance proceeds $106598

Other Revenue.2

Laundry machine income $45

Other Expenses.1002

Office Expenses $526

Other Expenses.1008

Interest $38634

Other Expenses.1009

Depreciation $20915

Other Expenses.1012

Insurance $5791

Other Expenses.1

REAL ESTATE TAXES $5527

Other Expenses.2

Meals and entertainment $259

Total Liabilities.1007

Secured Mortgages and Notes Payable - Beginning $335070 Secured Mortgages and Notes Payable - Ending $315000

Total Liabilities.1

OTHER LIABILITIES - Beginning $4611 OTHER LIABILITIES - Ending $1500

Raw XML Appendix125 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0SCOTT JACOBSON
IRS990EZ/BooksInCareOfDetail/PhoneNum03177526174
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 17697
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0INDIANAPOLIS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd046217
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0126374
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt010083
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-114025
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt05494
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0623853
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0486647
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0125755
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt095
IRS990EZ/LandAndBuildingsGrp/BOYAmt0497479
IRS990EZ/LandAndBuildingsGrp/EOYAmt0476564
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0284172
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0170147
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0284172
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0170147
IRS990EZ/OccupancyRentUtltsAndMaintAmt0148444
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Justin Biancardi
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Drew Stuart
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Scott Jacobson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt071652
IRS990EZ/OtherRevenueTotalAmt0106643
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0UNIVERSITY FRATERNAL HOUSING
IRS990EZ/ProgramServiceRevenueAmt019017
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CONTINUOUS MAINTENANCE AND UPKEEP OF UNIVERSITY APPROVED HOUSING FOR MEMBERS OF THE PHI KAPPA PSI FRATERNITY DURING ALL SEMESTERS OF STUDENT ENROLLMENT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0239780
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt014190
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0339681
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0316500
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0239780
IRS990EZ/TotalProgramServiceExpensesAmt0239780
IRS990EZ/TotalRevenueAmt0125755
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INSURANCE PROCEEDS $106598
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LAUNDRY MACHINE INCOME $45
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Office Expenses $526
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Interest $38634
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Depreciation $20915
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance $5791
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6REAL ESTATE TAXES $5527
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MEALS AND ENTERTAINMENT $259
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Secured Mortgages and Notes Payable - Beginning $335070 Secured Mortgages and Notes Payable - Ending $315000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9OTHER LIABILITIES - Beginning $4611 OTHER LIABILITIES - Ending $1500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Revenue.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1008
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Total Liabilities.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Total Liabilities.1
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Scott Jacobson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-04-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PHI KAPPA PSI FRATERNITY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0HOUSING CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0PHIK
ReturnHeader/Filer/EIN0310976217
ReturnHeader/Filer/PhoneNum03177526174
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 17697
ReturnHeader/Filer/USAddress/CityNm0INDIANAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046217
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CNA Tax Professionals Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08606 Allisonville Rd Ste 120
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Indianapolis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046250
ReturnHeader/PreparerPersonGrp/PhoneNum03178413393
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Xiaolin Shi CPA
ReturnHeader/ReturnTs02016-04-26T09:09:30-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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