Civic Intelligence

Alpha Epsilon of Phi Kappa Sigma

990 • Fiscal year 2016 • EIN 36-2518603

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 08, 2017

3366 South Michigan AvenueChicago, IL 60616-3818

(312) 808-6230

Siviq Scores

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

Liabilities / Assets

54th percentile

0.00x

Higher debt load relative to assets than 54% of similar nonprofits.

2016 filings • 501(c)7 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

53rd percentile

0.00x

Higher debt load relative to revenue than 53% of similar nonprofits.

2016 filings • 501(c)7 • <$500k nonprofits • Source year 2016

Net Margin

19th percentile

-9.3%

Higher net margin than 19% of similar nonprofits.

2016 filings • 501(c)7 • <$500k nonprofits • Source year 2016

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

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

2016 filings • 501(c)7 • <$500k nonprofits • Source year 2016

Asset Growth

20th percentile

-11%

Faster asset growth than 20% of similar nonprofits.

2016 filings • 501(c)7 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

25th percentile

-10%

Faster revenue growth than 25% of similar nonprofits.

2016 filings • 501(c)7 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$118,534

Down $14,994 (-11%) from 2015

Net Assets

Down

$118,415

Down $13,252 (-10%) from 2015

Liabilities

Down

$119

Down $1,742 (-94%) from 2015

Revenue

Down

$260,396

Down $30,235 (-10%) from 2015

Expenses

Up

$284,645

Up $12,957 (+4.8%) from 2015

Net Income

Down

-$24,249

Down $43,192 (-228%) from 2015

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2012: $65,400Liabilities 2012: $14,751Net Assets 2012: $50,6492012Assets 2013: $76,657Liabilities 2013: $5,400Net Assets 2013: $71,2572013Assets 2014: $91,912Liabilities 2014: $0Net Assets 2014: $91,9122014Assets 2015: $133,528Liabilities 2015: $1,861Net Assets 2015: $131,6672015Assets 2016: $118,534Liabilities 2016: $119Net Assets 2016: $118,4152016Assets 2017: $103,467Liabilities 2017: $119Net Assets 2017: $103,3482017Assets 2018: $121,989Liabilities 2018: $119Net Assets 2018: $121,8702018Assets 2019: $105,156Liabilities 2019: $713Net Assets 2019: $104,4432019Assets 2020: $211,110Liabilities 2020: $5,261Net Assets 2020: $205,8492020Assets 2021: $225,611Liabilities 2021: $24,961Net Assets 2021: $200,6502021Assets 2022: $186,594Liabilities 2022: $3,867Net Assets 2022: $182,7272022Assets 2023: $151,387Liabilities 2023: $9,917Net Assets 2023: $141,4702023Assets 2024: $111,871Liabilities 2024: $22,229Net Assets 2024: $89,6422024

Highlighted filing

2016

Assets$118,534
Liabilities$119
Net Assets$118,415

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2012: $188,0772012Expenses 2013: $262,2482013Revenue 2014: $263,576Expenses 2014: $242,133Net Income 2014: $21,4432014Revenue 2015: $290,631Expenses 2015: $271,688Net Income 2015: $18,9432015Revenue 2016: $260,396Expenses 2016: $284,645Net Income 2016: -$24,2492016Revenue 2017: $275,488Expenses 2017: $304,792Net Income 2017: -$29,3042017Revenue 2018: $269,517Expenses 2018: $273,398Net Income 2018: -$3,8812018Revenue 2019: $273,343Expenses 2019: $290,770Net Income 2019: -$17,4272019Revenue 2020: $306,099Expenses 2020: $204,268Net Income 2020: $101,8312020Revenue 2021: $227,482Expenses 2021: $223,347Net Income 2021: $4,1352021Revenue 2022: $149,732Expenses 2022: $167,875Net Income 2022: -$18,1432022Revenue 2023: $148,730Expenses 2023: $173,494Net Income 2023: -$24,7642023Revenue 2024: $153,250Expenses 2024: $205,078Net Income 2024: -$51,8282024

Highlighted filing

2016

Revenue$260,396
Expenses$284,645
Net Income-$24,249
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 8, 2017
Return Version
2015v3.0
Gross Receipts
$260,396
Mission and Program Overview

Mission

The primary exempt purpose of alpha epsilon of phi kappa sigma "the fraternity" is the promotion of good fellowship and the cultivation of the social virtues among its members; the protection of the just rights and the advancement of the best interest, present and future, individual and collective, of all those who shall be associated together as members of the fraternity; the encouragement of good scholarship and breadth of training for its members; and cooperation in the educational and cultural programs of institutions of higher education in which chapters are located.

Our primary exempt purpose is the promotion of good fellowship and the cultivation of the social virtues among our members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$131,667$118,415▼ $13,252
Cash and Non-Interest-Bearing Accounts$94,394$113,299▲ $18,905
Savings and Temporary Cash Investments$39,134$5,235▼ $33,899
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities$0--
Investments Program Related$0--
Investments in Publicly Traded Securities$0--
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$133,528$118,534▼ $14,994
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$100$100→ $0
Accounts Payable and Accrued Expenses$1,761$19▼ $1,742
Total Liabilities$1,861$119▼ $1,742
Net Assets / Fund Balance
Total Net Assets Fund Balance$131,667$118,415▼ $13,252
Total Liabilities and Net Assets / Fund Balance$133,528$118,534▼ $14,994
Compensation and Service Providers

Board Members and Trustees

NameTitle
-Education Chair
-New Member Education Chair
-Recruitment Chair
-President
-Vice President
-Secretary
-Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$215,370
Investment Income
$33
Other Revenue
$44,993
Change in Net Assets
$-24,249
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$262,481
Salaries, Compensation, and Employee Benefits$21,410
Grants and Similar Amounts Paid$754
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$66,482
Other Expenses---$66,021
Other Salaries and Wages---$20,410
Conferences and Meetings---$4,341
Office Expenses---$3,387
Current Officers, Directors, Trustees, and Key Employees---$1,000
Grants to Domestic Individuals---$754
Total Functional Expenses$0$0$0$284,645
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$100
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 12A CONFLICT OF INTEREST POLICY

Due to the size and nature of the organization, there is no conflict of interest policy.

Form 990, Part VI, Line 13 WHISTLEBLOWER POLICY

Due to the size of the organization, there is no whistleblower policy in place.

Form 990, Part VI, Line 14 DOCUMENT DESTRUCTION AND RETENTION POLICY

Due to the size of the organization, there is no document retention policy in place.

Form 990, Part VI, Line 6 Classes of members or stockholders

The Fraternity defines four classes of membership in its Bylaws: a "New Member" is one who has accepted a bid and is being educated to become an Active Member. A "Junior Active Member" is a recently initiated member who has not witnessed another initiation. An "Active Member" is named following the aforementioned initiation. A "Probationary Member" is one who has not fulfilled the requirements for active status.

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

The majority of officers positions are elected semi-annually, with the exception of two offices elected annually. A quorum of the voting members must be present, and a majority vote elects an officer into position.

Form 990, Part VI, Line 8B Documentation of meetings held by committees of governing body

There are no committees that can act on behalf of the governing body.

Form 990, Part VI, Line 11B Review of form 990 by governing body

A copy of the Form 990 is distributed to each member of the board for review before it is filed with the IRS.

Form 990, Part VI, Line 19 Required documents available to the public

Disclosures pursuant to Internal Revenue Code (IRC) Section 6104. These documents are not available to the public at this time.

Filing and Contact Details

Filer

Filer Name
Alpha Epsilon of Phi Kappa Sigma
EIN
36-2518603
Phone
3128086230
Address
3366 South Michigan Avenue, Chicago, IL 60616-3818

Signing Officer

Name
Joseph Muchna
Title
Treasurer
Signed
2017-02-08
Discuss with paid preparer
Yes

Organization Details

Formed
1898
Legal Domicile
Il
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
30

Preparer

Firm
Crowe Horwath Llp
Address
225 West Wacker Drive, Suite 2600, Chicago, IL 60606-1224
Preparer
Danielle Tewes
Phone
3128997000
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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/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt07993
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt137000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07993
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt137000
IRS990/OtherRevenueTotalAmt044993
IRS990/OtherSalariesAndWagesGrp/TotalAmt020410
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Bradley Jones
IRS990/PriorPeriodAdjustmentsAmt010997
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Fraternal Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0215370
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0215370
IRS990/ProgSrvcAccomActy2Grp/Desc0DUES ALLOW AFFILIATIONS TO NATIONAL ORGANIZATIONS AND PARTICIPATION IN LEADERSHIP CONFERENCES WHICH ARE ESSENTIAL TO CHAPTER FUNCTION.
IRS990/ProgSrvcAccomActy3Grp/Desc0LEADERSHIP CONFERENCE EXPENSES ENABLE CURRENT MEMBERS TO TRAVEL TO DIFFERENT LEADERSHIP TRAINING OPPORTUNITIES.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0974
IRS990/PYInvestmentIncomeAmt044
IRS990/PYOtherExpensesAmt0245364
IRS990/PYProgramServiceRevenueAmt0290587
IRS990/PYRevenuesLessExpensesAmt018943
IRS990/PYSalariesCompEmpBnftPaidAmt025350
IRS990/PYTotalExpensesAmt0271688
IRS990/PYTotalRevenueAmt0290631
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-24249
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0131667
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0118415
IRS990/SavingsAndTempCashInvstGrp/BOYAmt039134
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05235
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0100
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/TotalLiabilityAmt0100
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DUE TO THE SIZE AND NATURE OF THE ORGANIZATION, THERE IS NO CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DUE TO THE SIZE OF THE ORGANIZATION, THERE IS NO WHISTLEBLOWER POLICY IN PLACE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DUE TO THE SIZE OF THE ORGANIZATION, THERE IS NO DOCUMENT RETENTION POLICY IN PLACE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Fraternity defines four classes of membership in its Bylaws: a "New Member" is one who has accepted a bid and is being educated to become an Active Member. A "Junior Active Member" is a recently initiated member who has not witnessed another initiation. An "Active Member" is named following the aforementioned initiation. A "Probationary Member" is one who has not fulfilled the requirements for active status.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The majority of officers positions are elected semi-annually, with the exception of two offices elected annually. A quorum of the voting members must be present, and a majority vote elects an officer into position.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5There are no committees that can act on behalf of the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6A copy of the Form 990 is distributed to each member of the board for review before it is filed with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Disclosures pursuant to Internal Revenue Code (IRC) Section 6104. These documents are not available to the public at this time.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 12a CONFLICT OF INTEREST POLICY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 13 WHISTLEBLOWER POLICY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 14 DOCUMENT DESTRUCTION AND RETENTION POLICY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 6 Classes of members or stockholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 7a Members or stockholders electing members of governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 11b Review of form 990 by governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Line 19 Required documents available to the public
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0133528
IRS990/TotalAssetsEOYAmt0118534
IRS990/TotalAssetsGrp/BOYAmt0133528
IRS990/TotalAssetsGrp/EOYAmt0118534
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0284645
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01861
IRS990/TotalLiabilitiesEOYAmt0119
IRS990/TotalLiabilitiesGrp/BOYAmt01861
IRS990/TotalLiabilitiesGrp/EOYAmt0119
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0131667
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0118415
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt00
IRS990/TotalProgramServiceRevenueAmt0215370
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt033
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0260363
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0260396
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0133528
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0118534
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03366 South Michigan Avenue
IRS990/USAddress/CityNm0Chicago
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd0606163818
IRS990/VotingMembersGoverningBodyCnt016
IRS990/VotingMembersIndependentCnt016
IRS990/WebsiteAddressTxt0www.aepks.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Joseph Muchna
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Alpha Epsilon of Phi Kappa Sigma
ReturnHeader/Filer/BusinessNameControlTxt0ALPH
ReturnHeader/Filer/EIN0362518603
ReturnHeader/Filer/PhoneNum03128086230
ReturnHeader/Filer/USAddress/AddressLine1Txt03366 South Michigan Avenue
ReturnHeader/Filer/USAddress/CityNm0Chicago
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd0606163818
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0350921680
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CROWE HORWATH LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0225 West Wacker Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt0Suite 2600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Chicago
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0606061224
ReturnHeader/PreparerPersonGrp/PhoneNum03128997000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Danielle Tewes
ReturnHeader/ReturnTs02017-05-15T12:06:06-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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