Civic Intelligence

Phi Kappa Psi Fraternity Housing Corpora

990EZ • Fiscal year 2021 • EIN 31-0976217

Jan 01, 2021 to Dec 31, 2021 • Filed on Feb 19, 2022

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

95th percentile

0.93x

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

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

Liabilities / Revenue

97th percentile

2.29x

Higher debt load relative to revenue than 97% of similar nonprofits.

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

Net Margin

65th percentile

14%

Higher net margin than 65% 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

32nd percentile

-3.5%

Faster asset growth than 32% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

64th percentile

19%

Faster revenue growth than 64% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$446,210

Down $16,177 (-3.5%) from 2020

Net Assets

Up

$32,333

Up $24,605 (+318%) from 2020

Liabilities

Down

$413,877

Down $40,782 (-9.0%) from 2020

Revenue

Up

$180,521

Up $29,320 (+19%) from 2020

Expenses

Down

$155,946

Down $42,697 (-21%) from 2020

Net Income

Up

$24,575

Up $72,017 (+152%) from 2020

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

2021

Assets$446,210
Liabilities$413,877
Net Assets$32,333

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

2021

Revenue$180,521
Expenses$155,946
Net Income$24,575
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Feb 19, 2022
Return Version
2021v4.1
Gross Receipts
$180,521
Mission and Program Overview

Mission

University fraternal housing.

Program Services

DescriptionGrantsExpenses
CONTINOUS MAINTENANCE AND UPKEEP OF UNIVERSITY APPROVED HOUSING FOR MEMBERS OF THE PHI KAPPA PSI FRATERNITY DURING ALL SEMESTERS OF STUDENT ENROLLMENT.$0$155,946
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JUSTIN BIANCARDIPresidentPT$0--
SCOTT JACOBSONTreasurerPT$0--
DANIEL WALTERSecretaryPT$0--
CHAD MARTINVice PresidentPT$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
Phone
3176967744
Signed
2022-02-19
Discuss with paid preparer
Yes

Preparer

Firm
Cna Tax Professionals Inc
Address
10475 CROSSPOINT BOULEVARD SUITE, 200, INDIANAPOLIS, IN 46256
Preparer
Lindsey Howell CPA
Phone
3178413393
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 49.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 20,915. Description: other expenses. Amount: 53,254. Total to form 990-ez, line 14: 74,169.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: repairs and maintenance. Amount: 37,710. Description: property taxes. Amount: 17. Description: interest expense. Amount: 317. Description: travel meetings. Amount: 520. Description: office expenses. Amount: 1,500. Description: security deposit refund. Amount: 15,200. Total to form 990-ez, line 16: 55,264.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: rollover correction . Amount: 30.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: other liabilities. Beg. Of year amount: 1,500. End of year amount: 1,500. Description: secured mortgages and notes payable. Beg. Of year amount: 453,159. End of year amount: 412,377.

Raw XML Appendix173 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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IRS990EZ/BooksInCareOfDetail/PhoneNum03177526174
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0INDIANAPOLIS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
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IRS990EZ/LandAndBuildingsGrp/EOYAmt0351074
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IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt07728
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JUSTIN BIANCARDI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SCOTT JACOBSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DANIEL WALTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CHAD MARTIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt030
IRS990EZ/OtherExpensesTotalAmt055264
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0UNIVERSITY FRATERNAL HOUSING.
IRS990EZ/ProgramServiceRevenueAmt0180472
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CONTINOUS MAINTENANCE AND UPKEEP OF UNIVERSITY APPROVED HOUSING FOR MEMBERS OF THE PHI KAPPA PSI FRATERNITY DURING ALL SEMESTERS OF STUDENT ENROLLMENT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0155946
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0413877
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt0155946
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IRS990EZ/TotalRevenueAmt0180521
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 49.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DEPRECIATION. AMOUNT: 20,915. DESCRIPTION: OTHER EXPENSES. AMOUNT: 53,254. TOTAL TO FORM 990-EZ, LINE 14: 74,169.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: REPAIRS AND MAINTENANCE. AMOUNT: 37,710. DESCRIPTION: PROPERTY TAXES. AMOUNT: 17. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 317. DESCRIPTION: TRAVEL MEETINGS. AMOUNT: 520. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 1,500. DESCRIPTION: SECURITY DEPOSIT REFUND. AMOUNT: 15,200. TOTAL TO FORM 990-EZ, LINE 16: 55,264.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ROLLOVER CORRECTION . AMOUNT: 30.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: OTHER LIABILITIES. BEG. OF YEAR AMOUNT: 1,500. END OF YEAR AMOUNT: 1,500. DESCRIPTION: SECURED MORTGAGES AND NOTES PAYABLE. BEG. OF YEAR AMOUNT: 453,159. END OF YEAR AMOUNT: 412,377.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum03176967744
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-19
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
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ReturnHeader/PreparerPersonGrp/PhoneNum03178413393
ReturnHeader/PreparerPersonGrp/PreparationDt02022-02-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LINDSEY HOWELL CPA
ReturnHeader/ReturnTs02022-02-24T09:14:43-06:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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