Civic Intelligence

Phi Kappa Psi Fraternity

990 • Fiscal year 2014 • EIN 36-2362161

Jun 01, 2013 to May 31, 2014 • Filed on Oct 28, 2014

5395 Emerson Way46226

(317) 632-1852

Siviq Scores

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

Liabilities / Assets

4th percentile

0.04x

Higher debt load relative to assets than 4% of similar nonprofits.

2014 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

4th percentile

0.07x

Higher debt load relative to revenue than 4% of similar nonprofits.

2014 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2014

Net Margin

93rd percentile

19%

Higher net margin than 93% of similar nonprofits.

2014 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

49th percentile

$132,261

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2014 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

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

Source year 2014

Revenue Growth

Score unavailable

No value available

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

Source year 2014

Assets

$7,834,667

No earlier filing loaded for comparison.

Net Assets

$7,557,809

No earlier filing loaded for comparison.

Liabilities

$276,858

No earlier filing loaded for comparison.

Revenue

$3,920,292

No earlier filing loaded for comparison.

Expenses

$3,175,439

No earlier filing loaded for comparison.

Net Income

$744,853

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2014: $7,834,667Liabilities 2014: $276,858Net Assets 2014: $7,557,8092014Assets 2015: $8,515,423Liabilities 2015: $381,788Net Assets 2015: $8,133,6352015Assets 2016: $7,653,615Liabilities 2016: $470,334Net Assets 2016: $7,183,2812016Assets 2017: $6,874,281Liabilities 2017: $208,983Net Assets 2017: $6,665,2982017Assets 2018: $7,797,394Liabilities 2018: $944,581Net Assets 2018: $6,852,8132018Assets 2019: $2,274,604Liabilities 2019: $1,221,636Net Assets 2019: $1,052,9682019Assets 2020: $2,264,614Liabilities 2020: $566,012Net Assets 2020: $1,698,6022020Assets 2021: $1,977,593Liabilities 2021: $476,541Net Assets 2021: $1,501,0522021Assets 2022: $3,086,235Liabilities 2022: $811,409Net Assets 2022: $2,274,8262022Assets 2023: $3,856,663Liabilities 2023: $1,322,403Net Assets 2023: $2,534,2602023Assets 2024: $3,874,343Liabilities 2024: $1,368,036Net Assets 2024: $2,506,3072024

Highlighted filing

2014

Assets$7,834,667
Liabilities$276,858
Net Assets$7,557,809

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $3,920,292Expenses 2014: $3,175,439Net Income 2014: $744,8532014Revenue 2015: $4,414,046Expenses 2015: $3,785,577Net Income 2015: $628,4692015Revenue 2016: $3,764,426Expenses 2016: $5,413,951Net Income 2016: -$1,649,5252016Revenue 2017: $5,319,031Expenses 2017: $5,837,014Net Income 2017: -$517,9832017Revenue 2018: $5,177,807Expenses 2018: $4,990,292Net Income 2018: $187,5152018Revenue 2019: $4,812,482Expenses 2019: $5,088,112Net Income 2019: -$275,6302019Revenue 2020: $4,069,037Expenses 2020: $3,536,070Net Income 2020: $532,9672020Revenue 2021: $1,978,142Expenses 2021: $2,551,586Net Income 2021: -$573,4442021Revenue 2022: $3,577,760Expenses 2022: $3,220,135Net Income 2022: $357,6252022Revenue 2023: $3,789,770Expenses 2023: $3,558,112Net Income 2023: $231,6582023Revenue 2024: $3,462,956Expenses 2024: $3,596,087Net Income 2024: -$133,1312024

Highlighted filing

2014

Revenue$3,920,292
Expenses$3,175,439
Net Income$744,853
Jump To
Filing Snapshot
Filing Period
Jun 1, 2013 to May 31, 2014
Signed
Oct 28, 2014
Return Version
2013v3.0
Gross Receipts
$6,625,235
Mission and Program Overview

Mission

The organization is an association of men of integrity who strive to develop the individual in his intellect, in his involvement in the community, and in his faith.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,995,123$5,654,218▲ $659,095
Cash and Non-Interest-Bearing Accounts$1,240,997$1,502,526▲ $261,529
Prepaid Expenses and Deferred Charges$456,119$484,266▲ $28,147
Land, Buildings, and Equipment, Net$191,250$127,191▼ $64,059
Accounts Receivable$44,177$40,905▼ $3,272
Inventories for Sale or Use$24,794$25,561▲ $767
Total Assets$6,986,020$7,834,667▲ $848,647
Other Assets Total$33,560$0▼ $33,560
Liabilities
Accounts Payable and Accrued Expenses$191,057$130,541▼ $60,516
Deferred Revenue$34,175$123,095▲ $88,920
Other Liabilities$23,638$23,222▼ $416
Total Liabilities$248,870$276,858▲ $27,988
Net Assets / Fund Balance
Unrestricted Net Assets$6,598,633$7,419,292▲ $820,659
Temporarily Rstr Net Assets$138,517$138,517→ $0
Total Net Assets Fund Balance$6,737,150$7,557,809▲ $820,659
Total Liabilities and Net Assets / Fund Balance$6,986,020$7,834,667▲ $848,647

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$88,696$319,531$408,227
Equipment$38,495$68,052$106,547
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Shawn CollinsworthExecutive Director (non-voting)FT$116,972$15,289$132,261

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$111,305
Program Service Revenue
$3,099,340
Investment Income
$580,160
Other Revenue
$129,487
All Other Contributions
$111,305
Change in Net Assets
$744,853

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,913,192
Revenue Not Reported on Financial Statements
$7,100
Revenue Not Reported on Form 990
$145,169
Other Revenue Adjustments
$7,100
Total Revenue per Audited Statements
$4,058,361
Total Revenue per Form 990
$3,920,292
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,304,500
Salaries, Compensation, and Employee Benefits$767,659
Grants and Similar Amounts Paid$103,280
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance---$1,005,079
Other Salaries and Wages---$540,751
Travel---$495,393
Office Expenses---$141,376
Information Technology---$132,954
Current Officers, Directors, Trustees, and Key Employees---$131,122
Grants to Domestic Orgs---$97,280
Occupancy---$88,570
Depreciation Depletion---$70,174
Payroll Taxes---$52,351
Fees for Services Accounting---$39,607
Fees for Services Other---$38,963
Other Employee Benefits---$32,838
Fees for Service Investment Mgmnt Fees---$21,513
Pension Plan Contributions---$10,597
Conferences and Meetings---$6,140
Grants to Domestic Individuals---$6,000
Fees for Services Legal---$4,146
Other Expenses---$1,292
All Other Expenses---$314
Total Functional Expenses$0$0$0$3,175,439

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,237,702
Total Expenses per Form 990$3,175,439
Expenses per Audited Statements$3,168,339
Expenses Not Reported on Form 990$69,363
Expenses Not Reported on Financial Statements$7,100
Other Expense Adjustments$7,100
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
20-4221922--Charitable$91,180
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Held in Trust$23,222
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The members of this fraternity shall be classified as undergraduates and alumni. The term "undergraduate" shall include every member of this fraternity who is in actual attendance as a student in any department of the college where the chapter by which he was initiated, or to which he was last transferred, is located. The term "alumnus" shall include all other members of this fraternity.

Form 990, Part VI, Section A, Line 7A

The organization has individuals who have the power to elect or appoint members of the governing body.

Form 990, Part VI, Section A, Line 7B

Rate changes and by-law changes are subject to approval by the grand arch council which is comprised of chapter delegates who are also members of the fraternity.

Form 990, Part VI, Section A, Line 8B

The organization has no committee with the authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 10B

The organization has individual chapters nationwide. The organization's role is to guide these chapters with resources and best practices and not to independently or individually supervise these chapters.

Form 990, Part VI, Section B, Line 11

The return will be provided to the governing body for review before being signed.

Form 990, Part VI, Section B, Line 12C

All employees, board members, and executive council are required to sign an annual declaration of any conflicts of interest.

Form 990, Part VI, Section B, Line 15A

The executive council ensures the executive director's salary is comparable to other executives in similar organizations. In addition, any bonuses awarded are based on achieving established benchmarks.

Form 990, Part VI, Section C, Line 19

Consistent with the requirements of section 6104(d) of the internal revenue code and regulations thereunder, copies of the irs form 990 and application for exemption, other governing documents, conflict of interest policy, and financial statements shall be made available, upon request, in a timely manner, and subject to the charges permitted by law to any individuals who request it.

Filing and Contact Details

Filer

EIN
36-2362161
Phone
3176321852

Signing Officer

Name
Shawn M Collinsworth
Title
Executive Director
Phone
3176321852
Signed
2014-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shawn M Collinsworth
Formed
1987
Legal Domicile
In
Voting Board Members
10
Independent Board Members
10
Employees
22
Volunteers
0

Preparer

Preparer
Michelle Siner
Phone
3174690169
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The oversight and selection process have not changed during the tax year.

Financial Statement Notes

PART X, LINE 2:

The fraternity files annual returns in the u. S. Federal and indiana jurisdictions. Currently, the three prior tax years are open and subject to examination by the internal revenue service and the indiana department of revenue. However, the fraternity is not currently under audit nor has it been contacted by these jurisdictions. Based on the evaluation of the fraternity's tax positions, management believes all significant positions taken would be upheld under an examination.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 69,363.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Recovered bad debt 7,100.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 69,363.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Recovered bad debt 7,100.

Raw XML AppendixShowing 400 of 508 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/NetAssetsOrFundBalancesEOYAmt07557809
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0442913
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt0442913
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-57130
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-57130
IRS990/NetUnrelatedBusTxblIncmAmt0-84918
IRS990/NetUnrlzdGainsLossesInvstAmt075806
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt088570
IRS990/OfficeExpensesGrp/TotalAmt0141376
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt033560
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt032838
IRS990/OtherExpensesGrp/Desc0WWLS/GAC
IRS990/OtherExpensesGrp/Desc1CLUB DUES
IRS990/OtherExpensesGrp/Desc2CHAPTER INSTALLATION
IRS990/OtherExpensesGrp/Desc3AWARDS
IRS990/OtherExpensesGrp/TotalAmt0241606
IRS990/OtherExpensesGrp/TotalAmt113064
IRS990/OtherExpensesGrp/TotalAmt24309
IRS990/OtherExpensesGrp/TotalAmt31292
IRS990/OtherLiabilitiesGrp/BOYAmt023638
IRS990/OtherLiabilitiesGrp/EOYAmt023222
IRS990/OtherRevenueMiscGrp/BusinessCd0541900
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0ADMINISTRATIVE FEES
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0114786
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt134756
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0114786
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt134756
IRS990/OtherRevenueTotalAmt0149542
IRS990/OtherSalariesAndWagesGrp/TotalAmt0540751
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt052351
IRS990/PensionPlanContributionsGrp/TotalAmt010597
IRS990/PoliciesReferenceChaptersInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0456119
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0484266
IRS990/PrincipalOfficerNm0SHAWN M COLLINSWORTH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES & ASSESSMENTS
IRS990/ProgramServiceRevenueGrp/Desc1CHAPTER SERVICE/CONFERENC
IRS990/ProgramServiceRevenueGrp/Desc2CONVENTION/GRAND ARCH
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02331101
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1698339
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt269900
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02331101
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1698339
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt269900
IRS990/ProgSrvcAccomActy2Grp/Desc0PUBLICATION EXPENDITURES FOR THE PROMOTION OF CITIZENSHIP, LEADERSHIP, AND SCHOLASTIC ACHIEVEMENT OF THE UNDERGRADUATE AND ALUMNI MEMBERS.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0100995
IRS990/PYGrantsAndSimilarPaidAmt099010
IRS990/PYInvestmentIncomeAmt0326694
IRS990/PYOtherExpensesAmt02444443
IRS990/PYOtherRevenueAmt0109858
IRS990/PYProgramServiceRevenueAmt02923382
IRS990/PYRevenuesLessExpensesAmt0161859
IRS990/PYSalariesCompEmpBnftPaidAmt0755617
IRS990/PYTotalExpensesAmt03299070
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03460929
IRS990/ReconcilationRevenueExpnssAmt0744853
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt037075
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt037075
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt038495
IRS990ScheduleD/EquipmentGrp/DepreciationAmt068052
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0106547
IRS990ScheduleD/ExpensesNotReportedAmt069363
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt07100
IRS990ScheduleD/ExpensesSubtotalAmt03168339
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt075806
IRS990ScheduleD/OtherExpensesIncludedAmt069363
IRS990ScheduleD/OtherExpensesNotIncludedAmt07100
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt088696
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0319531
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0408227
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt023222
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FUNDS HELD IN TRUST
IRS990ScheduleD/OtherRevenueAmt069363
IRS990ScheduleD/OtherRevenuesNotIncludedAmt07100
IRS990ScheduleD/RevenueNotReportedAmt0145169
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt07100
IRS990ScheduleD/RevenueSubtotalAmt03913192
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FRATERNITY FILES ANNUAL RETURNS IN THE U. S. FEDERAL AND INDIANA JURISDICTIONS. CURRENTLY, THE THREE PRIOR TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE INDIANA DEPARTMENT OF REVENUE. HOWEVER, THE FRATERNITY IS NOT CURRENTLY UNDER AUDIT NOR HAS IT BEEN CONTACTED BY THESE JURISDICTIONS. BASED ON THE EVALUATION OF THE FRATERNITY'S TAX POSITIONS, MANAGEMENT BELIEVES ALL SIGNIFICANT POSITIONS TAKEN WOULD BE UPHELD UNDER AN EXAMINATION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COST OF GOODS SOLD 69,363.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RECOVERED BAD DEBT 7,100.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3COST OF GOODS SOLD 69,363.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4RECOVERED BAD DEBT 7,100.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0127191
IRS990ScheduleD/TotalExpensesPerForm990Amt03175439
IRS990ScheduleD/TotalLiabilityAmt023222
IRS990ScheduleD/TotalRevenuePerForm990Amt03920292
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04058361
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03237702
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt06000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0N/A
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt010
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0CASH
IRS990ScheduleI/RecipientTable/CashGrantAmt091180
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0N/A
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CHARITABLE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10CANONSBURG CORPORATION
IRS990ScheduleI/RecipientTable/RecipientEIN0204221922
IRS990ScheduleI/RecipientTable/USAddress/AddressLine105395 EMERSON AVE
IRS990ScheduleI/RecipientTable/USAddress/City0INDIANAPOLIS
IRS990ScheduleI/RecipientTable/USAddress/State0IN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode046226
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERS OF THIS FRATERNITY SHALL BE CLASSIFIED AS UNDERGRADUATES AND ALUMNI. THE TERM "UNDERGRADUATE" SHALL INCLUDE EVERY MEMBER OF THIS FRATERNITY WHO IS IN ACTUAL ATTENDANCE AS A STUDENT IN ANY DEPARTMENT OF THE COLLEGE WHERE THE CHAPTER BY WHICH HE WAS INITIATED, OR TO WHICH HE WAS LAST TRANSFERRED, IS LOCATED. THE TERM "ALUMNUS" SHALL INCLUDE ALL OTHER MEMBERS OF THIS FRATERNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS INDIVIDUALS WHO HAVE THE POWER TO ELECT OR APPOINT MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2RATE CHANGES AND BY-LAW CHANGES ARE SUBJECT TO APPROVAL BY THE GRAND ARCH COUNCIL WHICH IS COMPRISED OF CHAPTER DELEGATES WHO ARE ALSO MEMBERS OF THE FRATERNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS NO COMMITTEE WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS INDIVIDUAL CHAPTERS NATIONWIDE. THE ORGANIZATION'S ROLE IS TO GUIDE THESE CHAPTERS WITH RESOURCES AND BEST PRACTICES AND NOT TO INDEPENDENTLY OR INDIVIDUALLY SUPERVISE THESE CHAPTERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE RETURN WILL BE PROVIDED TO THE GOVERNING BODY FOR REVIEW BEFORE BEING SIGNED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALL EMPLOYEES, BOARD MEMBERS, AND EXECUTIVE COUNCIL ARE REQUIRED TO SIGN AN ANNUAL DECLARATION OF ANY CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE EXECUTIVE COUNCIL ENSURES THE EXECUTIVE DIRECTOR'S SALARY IS COMPARABLE TO OTHER EXECUTIVES IN SIMILAR ORGANIZATIONS. IN ADDITION, ANY BONUSES AWARDED ARE BASED ON ACHIEVING ESTABLISHED BENCHMARKS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8CONSISTENT WITH THE REQUIREMENTS OF SECTION 6104(D) OF THE INTERNAL REVENUE CODE AND REGULATIONS THEREUNDER, COPIES OF THE IRS FORM 990 AND APPLICATION FOR EXEMPTION, OTHER GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS SHALL BE MADE AVAILABLE, UPON REQUEST, IN A TIMELY MANNER, AND SUBJECT TO THE CHARGES PERMITTED BY LAW TO ANY INDIVIDUALS WHO REQUEST IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9THE OVERSIGHT AND SELECTION PROCESS HAVE NOT CHANGED DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 10B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10PHI KAPPA PSI FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0366130655

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