Civic Intelligence

Professional Fraternity Association Inc

990EZ • Fiscal year 2020 • EIN 35-1991671

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 09, 2021

Organization Profilewww.professionalfraternity.org
4011 N Pennsylvania StreetIndianapolis, IN 46205

(317) 983-5905

Siviq Scores

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

Liabilities / Assets

56th percentile

0.01x

Higher debt load relative to assets than 56% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

69th percentile

0.08x

Higher debt load relative to revenue than 69% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

11th percentile

-53%

Higher net margin than 11% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

31st percentile

-7.7%

Faster asset growth than 31% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

8th percentile

-74%

Faster revenue growth than 8% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$141,108

Down $11,710 (-7.7%) from 2019

Net Assets

Down

$139,108

Down $13,710 (-9.0%) from 2019

Liabilities

$2,000

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin11th percentile

Revenue

Down

$25,938

Down $73,506 (-74%) from 2019

Expenses

Down

$39,648

Down $47,386 (-54%) from 2019

Net Income

Down

-$13,710

Down $26,120 (-210%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

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

$200K$150K$100K$50K$0Assets 2015: $96,310Liabilities 2015: $0Net Assets 2015: $96,3102015Assets 2018: $140,408Net Assets 2018: $140,4082018Assets 2019: $152,818Net Assets 2019: $152,8182019Assets 2020: $141,108Liabilities 2020: $2,000Net Assets 2020: $139,1082020Assets 2021: $109,059Net Assets 2021: $109,0592021Assets 2022: $103,821Net Assets 2022: $103,8212022Assets 2023: $124,882Liabilities 2023: $2,989Net Assets 2023: $121,8932023Assets 2024: $137,654Liabilities 2024: $10,557Net Assets 2024: $127,0972024

Highlighted filing

2020

Assets$141,108
Liabilities$2,000
Net Assets$139,108
Open 2020 Filing

Operations Trend

Revenue Growth8th percentile

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

$150K$100K$50K$0-$50KRevenue 2015: $90,852Expenses 2015: $75,137Net Income 2015: $15,7152015Revenue 2018: $84,080Expenses 2018: $52,110Net Income 2018: $31,9702018Revenue 2019: $99,444Expenses 2019: $87,034Net Income 2019: $12,4102019Revenue 2020: $25,938Expenses 2020: $39,648Net Income 2020: -$13,7102020Revenue 2021: $80,674Expenses 2021: $110,723Net Income 2021: -$30,0492021Revenue 2022: $68,595Expenses 2022: $73,833Net Income 2022: -$5,2382022Revenue 2023: $99,015Expenses 2023: $79,484Net Income 2023: $19,5312023Revenue 2024: $97,819Expenses 2024: $92,614Net Income 2024: $5,2052024

Highlighted filing

2020

Revenue$25,938
Expenses$39,648
Net Income-$13,710
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 9, 2021
Return Version
2020v4.1
Gross Receipts
$25,938
Mission and Program Overview

Mission

Professional fraternity association represents over 100,000 undergraduate and graduate students on over 1,000 campuses across the nation and supports about 40 fraternal member groups to preserve high standards on campus and in professional practice and about 40 associate members. Our members' groups have initiated 2.5 million members in professional fields such as agriculture, business, engineering, law, medicine, music, nursing, pharmacy, and more.

To support member fraternities. To advocate and encourage excellence in scholarship; promote the advancement of professional and interfraternity ethics; encourage cooperation amoung member fraternities for the advancement of fraternity

Program Services

DescriptionGrantsExpenses
Professional Fraternity Association, Inc. held its Annual Convention virtually providing training and education to over 38 Fraternal members and 40 Associate members.--
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Andrew SaganPresident-$0--
Tony ChaffeeVice-President-$0--
Steve NelsonTreasurer-$0--
Kimberly Martin-BoydSecretary-$0--
Jeffrey PerrinAssociate Liaison-$0--
Lane VelayoExecutive DirectorPT$0--
Steve HartmanDirector-$0--
Laharold WoodhouseDirector-$0--
Filing and Contact Details

Filer

Filer Name
Professional Fraternity Association Inc
EIN
35-1991671
Phone
3179835905
Address
4011 N Pennsylvania Street, Indianapolis, IN 46205

Signing Officer

Name
Lane Velayo
Title
Executive Director
Phone
3179835905
Signed
2021-11-09
Discuss with paid preparer
Yes

Preparer

Firm
WagnerCPAGroup
Address
8335 BROOKS FARM LN, INDIANAPOLIS, IN 46237
Preparer
Deb Wagner CPA
Phone
3178891769
Supplemental Narrative

Additional Explanations

Pt IV

“Management fees in the amount of $23,004 were paid to Synergos, which is owned by the Executive Director.”

Form 990EZ, Part I, Line 16

“Convention Expenses 6295.”

Form 990EZ, Part I, Line 16

“Website 4488.”

Form 990EZ, Part I, Line 16

“Credit Card Processing Expenses 737.”

Form 990EZ, Part I, Line 16

“Travel 937.”

Form 990EZ, Part I, Line 16

“Insurance 1748.”

Form 990EZ, Part II, Line 24

“PFA Equipment”

Form 990EZ, Part II, Line 24

“Inventory”

Raw XML Appendix158 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum03179835905
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Indianapolis
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd046205
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0148675
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0135327
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IRS990EZ/ContributionsGiftsGrantsEtcAmt00
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IRS990EZ/ExcessOrDeficitForYearAmt0-13710
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt025173
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
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IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
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IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartIVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt013800
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0152818
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0139108
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Andrew Sagan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Tony Chaffee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Steve Nelson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Kimberly Martin-Boyd
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Jeffrey Perrin
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Lane Velayo
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Steve Hartman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Laharold Woodhouse
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice-President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Associate Liaison
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt04143
IRS990EZ/OtherAssetsTotalDetail/EOYAmt05781
IRS990EZ/OtherExpensesTotalAmt014205
IRS990EZ/PrimaryExemptPurposeTxt0To support member fraternities. To advocate and encourage excellence in scholarship; promote the advancement of professional and interfraternity ethics; encourage cooperation amoung member fraternities for the advancement of fraternity
IRS990EZ/PrintingPublicationsPostageAmt0270
IRS990EZ/ProgramServiceRevenueAmt012138
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Professional Fraternity Association, Inc. held its Annual Convention virtually providing training and education to over 38 Fraternal members and 40 Associate members.
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt039648
IRS990EZ/TotalRevenueAmt025938
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.professionalfraternity.org
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Management fees in the amount of $23,004 were paid to Synergos, which is owned by the Executive Director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Convention Expenses 6295.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Website 4488.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Credit Card Processing Expenses 737.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Travel 937.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance 1748.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PFA Equipment
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Inventory
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt IV
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part II, Line 24
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Lane Velayo
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum03179835905
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Professional Fraternity Association Inc
ReturnHeader/Filer/BusinessNameControlTxt0PROF
ReturnHeader/Filer/EIN0351991671
ReturnHeader/Filer/PhoneNum03179835905
ReturnHeader/Filer/USAddress/AddressLine1Txt04011 N Pennsylvania Street
ReturnHeader/Filer/USAddress/CityNm0Indianapolis
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046205
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0INDIANAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046237
ReturnHeader/PreparerPersonGrp/PhoneNum03178891769
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Deb Wagner CPA
ReturnHeader/ReturnTs02021-11-15T12:48:27-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Lane
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Velayo
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$141,108
Liabilities
$2,000
Net assets
$139,108
Revenue
$25,938
Expenses
$39,648
Net income
-$13,710
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.38$0.11$1.27$0.98$0.93$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.25$0.03$1.22$0.99$0.79$0.20
2022Detailed filing. Detailed filing data is available for this year.$1.04$1.04$0.69$0.74$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.09$1.09$0.81$1.11$0.30
2020Detailed filing. Detailed filing data is available for this year.$1.41$0.02$1.39$0.26$0.40$0.14
2019Detailed filing. Detailed filing data is available for this year.$1.53$1.53$0.99$0.87$0.12
2018Detailed filing. Detailed filing data is available for this year.$1.40$1.40$0.84$0.52$0.32
2015Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$0.91$0.75$0.16