Phi Kappa Theta Fraternity Beta Delta Alumni Association

990EZ • Fiscal year 2020 • EIN 37-6036050

Sep 01, 2019 to Aug 31, 2020 • Filed on Nov 17, 2020

Organization Profile N/A

401 E Springfield AveChampaign, IL 61820

(217) 352-4743

Siviq Scores

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

0.45x

Higher debt load relative to assets than 78% of similar nonprofits.

2020 filings • 501(c)2 • <$500k nonprofits • Source year 2020

1.15x

Higher debt load relative to revenue than 75% of similar nonprofits.

2020 filings • 501(c)2 • <$500k nonprofits • Source year 2020

29%

Higher net margin than 78% of similar nonprofits.

2020 filings • 501(c)2 • <$500k nonprofits • Source year 2020

Higher top officer pay than 80% of similar nonprofits.

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

2020 filings • 501(c)2 • <$500k nonprofits • Source year 2020

-3.2%

Faster asset growth than 47% of similar nonprofits.

2020 filings • 501(c)2 • <$500k nonprofits • Annualized from 2019 to 2020

42%

Faster revenue growth than 91% of similar nonprofits.

2020 filings • 501(c)2 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet

Liabilities / Assets78th percentile

Assets

Down

$464,943

Down $15,605 (-3.2%) from 2019

Net Assets

$256,407

Up $53,430 (+26%) from 2019

Liabilities

Down

$208,536

Down $69,035 (-25%) from 2019

Revenue And Expenses

Liabilities / Revenue75th percentile Net Margin78th percentile

Revenue

$181,639

Up $53,513 (+42%) from 2019

Expenses

Down

$128,209

Down $14,104 (-9.9%) from 2019

Net Income

$53,430

Up $67,617 (+477%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth47th percentile

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

Highlighted filing

2020

Assets$464,943

Liabilities$208,536

Net Assets$256,407

Open 2020 Filing

Operations Trend

Revenue Growth91st percentile

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

Highlighted filing

2020

Revenue$181,639

Expenses$128,209

Net Income$53,430

Open 2020 Filing

Jump To

Filing Snapshot

Filing Period: Sep 1, 2019 to Aug 31, 2020
Signed: Nov 17, 2020
Return Version: 2019v5.0
Gross Receipts: $181,639

Mission and Program Overview

Mission

Maintain fraternity house

Program Services

Description	Grants	Expenses
MAINTAIN FRATERNITY HOUSE	$128,209	-

Compensation and Service Providers

Top Officer Pay80th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
MARK OLSEN	Treasurer	-	$0	-	-
ERIC REDD	President	-	$0	-	-
WILLIAM KARSTEN	Secretary	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Phi Kappa Theta Fraternity-beta Delta Al
EIN: 37-6036050
Phone: 2173524743
Address: 401 E SPRINGFIELD AVE, CHAMPAIGN, IL 61820

Signing Officer

Name: Mark Olsen
Title: Treasurer
Signed: 2020-11-17
Discuss with paid preparer: Yes

Preparer

Firm: Hays & Associates PCCPA
Address: 401 East Springfield, Champaign, IL 61820
Preparer: Mary Lee Brady
Phone: 2173524743

Supplemental Narrative

Additional Explanations

Other Expenses.1008

“Interest $8031”

Other Expenses.1009

“Depreciation $31731”

Other Expenses.1010

“Amortization $25”

Other Expenses.1012

“Insurance $11368”

Other Expenses.1

“PROPERTY TAXES $35897”

Other Expenses.2

“UTILITIES $13369”

Other Expenses.3

“Repair & maintenance $11851”

Other Expenses.4

“GROUNDS UPKEEP $1955”

Other Expenses.5

“Recycle/sanitary/sewer $1864”

Other Expenses.6

“CLEANING $725”

Other Expenses.7

“SUPPLIES - HOUSE $338”

Other Expenses.8

“ALUMNI ACTIVITIES $150”

Other Expenses.9

“MISCELLANEOUS $10”

Other Assets.1002

“Furniture and Fixtures - Beginning $10485 Furniture and Fixtures - Ending $7019”

Other Assets.1003

“Machinery and Equipment - Beginning $1940 Machinery and Equipment - Ending $1235”

Other Assets.1005

“Accounts Receivable - Beginning $4500 Accounts Receivable - Ending $4595”

Other Assets.1011

“Prepaid Expenses and Deferred Charges - Beginning $6634 Prepaid Expenses and Deferred Charges - Ending $7443”

Other Assets.1012

“Intangible Assets - Beginning $178 Intangible Assets - Ending $153”

Other Assets.1

“ESCROW ACCOUNT - Beginning $967 ESCROW ACCOUNT - Ending $0”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $1932 Accounts Payable and Accrued Expenses - Ending $855”

Total Liabilities.1003

“Deferred Revenue - Beginning $92120 Deferred Revenue - Ending $30280”

Total Liabilities.1007

“Secured Mortgages and Notes Payable - Beginning $147402 Secured Mortgages and Notes Payable - Ending $140534”

Total Liabilities.1008

“Unsecured Notes and Loans Payable - Beginning $31192 Unsecured Notes and Loans Payable - Ending $31192”

Total Liabilities.1

“DEPOSITS PAYABLE - Beginning $4925 DEPOSITS PAYABLE - Ending $5675”

Raw XML Appendix152 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/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BooksInCareOfDetail/PersonNm	0	HAYS ASSOCIATES PC CPA
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	2173524743
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	401 E SPRINGFIELD AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	CHAMPAIGN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	61820
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	43232
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	59446
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	800
IRS990EZ/CostOfGoodsSoldAmt	0	0
IRS990EZ/CostOrOtherBasisExpenseSaleAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	53430
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	10895
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	480548
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	464943
IRS990EZ/FundraisingGrossIncomeAmt	0	0
IRS990EZ/GrossReceiptsAmt	0	181639
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InvestmentIncomeAmt	0	6
IRS990EZ/LandAndBuildingsGrp/BOYAmt	0	412612
IRS990EZ/LandAndBuildingsGrp/EOYAmt	0	385052
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingAccrualInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	202977
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	256407
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	202977
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	256407
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	4.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	MARK OLSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	ERIC REDD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	WILLIAM KARSTEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	Secretary
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501cInd	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	24704
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	20445
IRS990EZ/OtherExpensesTotalAmt	0	117314
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	MAINTAIN FRATERNITY HOUSE
IRS990EZ/ProgramServiceRevenueAmt	0	180833
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	MAINTAIN FRATERNITY HOUSE
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	128209
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SpecialEventsDirectExpensesAmt	0	0
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	277571
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	208536
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	128209
IRS990EZ/TotalProgramServiceExpensesAmt	0	128209
IRS990EZ/TotalRevenueAmt	0	181639
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Interest $8031
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Depreciation $31731
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	Amortization $25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	Insurance $11368
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	PROPERTY TAXES $35897
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	5	UTILITIES $13369
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	6	REPAIR & MAINTENANCE $11851
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	7	GROUNDS UPKEEP $1955
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	8	RECYCLE/SANITARY/SEWER $1864
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	9	CLEANING $725
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	10	SUPPLIES - HOUSE $338
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	11	ALUMNI ACTIVITIES $150
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	12	MISCELLANEOUS $10
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	13	Furniture and Fixtures - Beginning $10485 Furniture and Fixtures - Ending $7019
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	14	Machinery and Equipment - Beginning $1940 Machinery and Equipment - Ending $1235
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	15	Accounts Receivable - Beginning $4500 Accounts Receivable - Ending $4595
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	16	Prepaid Expenses and Deferred Charges - Beginning $6634 Prepaid Expenses and Deferred Charges - Ending $7443
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	17	Intangible Assets - Beginning $178 Intangible Assets - Ending $153
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	18	ESCROW ACCOUNT - Beginning $967 ESCROW ACCOUNT - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	19	Accounts Payable and Accrued Expenses - Beginning $1932 Accounts Payable and Accrued Expenses - Ending $855
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	20	Deferred Revenue - Beginning $92120 Deferred Revenue - Ending $30280
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	21	Secured Mortgages and Notes Payable - Beginning $147402 Secured Mortgages and Notes Payable - Ending $140534
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	22	Unsecured Notes and Loans Payable - Beginning $31192 Unsecured Notes and Loans Payable - Ending $31192
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	23	DEPOSITS PAYABLE - Beginning $4925 DEPOSITS PAYABLE - Ending $5675
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Other Expenses.1008
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Other Expenses.1010
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	5	Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	6	Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	7	Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	8	Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	9	Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	10	Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	11	Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	12	Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	13	Other Assets.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	14	Other Assets.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	15	Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	16	Other Assets.1011
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	17	Other Assets.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	18	Other Assets.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	19	Total Liabilities.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	20	Total Liabilities.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	21	Total Liabilities.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	22	Total Liabilities.1008
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	23	Total Liabilities.1
ReturnHeader/BuildTS	0	2021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	MARK OLSEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2020-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	PHI KAPPA THETA FRATERNITY-BETA DELTA AL
ReturnHeader/Filer/BusinessNameControlTxt	0	PHIK
ReturnHeader/Filer/EIN	0	376036050
ReturnHeader/Filer/PhoneNum	0	2173524743
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	401 E SPRINGFIELD AVE
ReturnHeader/Filer/USAddress/CityNm	0	CHAMPAIGN
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	IL
ReturnHeader/Filer/USAddress/ZIPCd	0	61820
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	371217081
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	Hays & Associates PCCPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	401 East Springfield
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	Champaign
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	61820
ReturnHeader/PreparerPersonGrp/PhoneNum	0	2173524743
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	MARY LEE BRADY
ReturnHeader/ReturnTs	0	2020-11-17T07:42:07-08:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2019-09-01
ReturnHeader/TaxPeriodEndDt	0	2020-08-31
ReturnHeader/TaxYr	0	2019

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: $464,943
Liabilities: $208,536
Net assets: $256,407
Revenue: $181,639
Expenses: $128,209
Net income: $53,430

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.	$4.66	$1.07	$3.60	$2.19	$1.65	$0.54
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$4.33	$1.35	$2.99	$1.90	$1.53	$0.36
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$4.16	$1.54	$2.62	$1.49	$1.44	$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$4.25	$1.67	$2.58	$1.45	$1.44	$0.01
2020Detailed filing. Detailed filing data is available for this year.	$4.65	$2.09	$2.56	$1.82	$1.28	$0.53
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$4.81	$2.78	$2.03	$1.28	$1.42	$0.14
2018Detailed filing. Detailed filing data is available for this year.	$4.72	$2.55	$2.17	$1.32	$1.41	$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$4.81	$2.54	$2.27	$0.63	$1.42	$0.80
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$4.96	$1.90	$3.06	$1.05	$1.28	$0.22
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$4.85	$1.57	$3.29	$0.32	$1.47	$1.15
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$5.00	$0.56	$4.44	$1.31	$1.57	$0.26
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$5.63	$0.93	$4.70	$1.34	$1.82	$0.48
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$5.20	$0.01	$5.19		$0.95
2011Summary only. Only limited summary data is available for this year.	$5.50	$0.60	$4.90	$1.14	$0.89	$0.25