Civic Intelligence

Phi Sigma Kappa

EIN 41-0479442 • 501(c)7 • Minneapolis, MN

Profile

SOCIAL CLUB

2221 University Ave SE Ste 111Minneapolis, MN 55414

phisig.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

65th percentile

0.01x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

61st percentile

0.00x

Higher debt load relative to revenue than 61% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2025

Net Margin

81st percentile

19%

Higher net margin than 81% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2025

Top Officer Pay

95th percentile

$0

Higher top officer pay than 95% of similar nonprofits.

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

501(c)7 • <$500k nonprofits • Source year 2023

Asset Growth

96th percentile

109%

Faster asset growth than 96% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

84th percentile

32%

Faster revenue growth than 84% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$34,951

Up $18,248 (+109%) from 2024

Liabilities

Down

$418

Down $455 (-52%) from 2024

Net Assets

Up

$34,533

Up $18,703 (+118%) from 2024

Operations
Liabilities / Revenue61st percentileNet Margin81st percentile

Revenue

Up

$97,095

Up $23,350 (+32%) from 2024

Expenses

Up

$78,393

Up $7,206 (+10%) from 2024

Net Income

Up

$18,702

Up $16,144 (+631%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth96th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$100K$0-$100KAssets 2011: $81,810Liabilities 2011: $113,4352011Assets 2012: $81,557Liabilities 2012: $148,5442012Assets 2013: $56,664Liabilities 2013: $138,8872013Assets 2014: $51,755Liabilities 2014: $142,7892014Assets 2015: $17,655Liabilities 2015: $116,6882015Assets 2016: $11,512Liabilities 2016: $104,7172016Assets 2017: $20,234Liabilities 2017: $104,3592017Assets 2018: $29,355Liabilities 2018: $105,2662018Assets 2019: $29,400Liabilities 2019: $02019Assets 2020: $28,929Liabilities 2020: $102,737Net Assets 2020: -$73,8082020Assets 2021: $31,993Liabilities 2021: $104,108Net Assets 2021: -$72,1152021Assets 2022: $12,069Liabilities 2022: $1,724Net Assets 2022: $10,3452022Assets 2023: $13,685Liabilities 2023: $412Net Assets 2023: $13,2732023Assets 2024: $16,703Liabilities 2024: $873Net Assets 2024: $15,8302024Assets 2025: $34,951Liabilities 2025: $418Net Assets 2025: $34,5332025

Highlighted filing

2025

Assets$34,951
Liabilities$418
Net Assets$34,533
Open 2025 Filing

Operations Trend

Revenue Growth84th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2011: $49,642Expenses 2011: $86,657Net Income 2011: -$37,0152011Revenue 2012: $62,689Expenses 2012: $98,049Net Income 2012: -$35,3602012Revenue 2013: $77,269Expenses 2013: $92,505Net Income 2013: -$15,2362013Revenue 2014: $96,992Expenses 2014: $105,803Net Income 2014: -$8,8112014Revenue 2015: $43,105Expenses 2015: $51,105Net Income 2015: -$8,0002015Revenue 2016: $38,537Expenses 2016: $32,708Net Income 2016: $5,8292016Revenue 2017: $52,675Expenses 2017: $43,594Net Income 2017: $9,0812017Revenue 2018: $58,726Expenses 2018: $50,512Net Income 2018: $8,2142018Revenue 2019: $58,036Expenses 2019: $54,481Net Income 2019: $3,5552019Revenue 2020: $73,018Expenses 2020: $74,470Net Income 2020: -$1,4522020Revenue 2021: $67,186Expenses 2021: $65,493Net Income 2021: $1,6932021Revenue 2022: $169,106Expenses 2022: $86,644Net Income 2022: $82,4622022Revenue 2023: $58,322Expenses 2023: $55,395Net Income 2023: $2,9272023Revenue 2024: $73,745Expenses 2024: $71,187Net Income 2024: $2,5582024Revenue 2025: $97,095Expenses 2025: $78,393Net Income 2025: $18,7022025

Highlighted filing

2025

Revenue$97,095
Expenses$78,393
Net Income$18,702
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$34,951
Liabilities
$418
Net assets
$34,533
Revenue
$97,095
Expenses
$78,393
Net income
$18,702
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$0.97$0.78$0.19
2024Detailed filing. Detailed filing data is available for this year.$0.17$0.01$0.16$0.74$0.71$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.13$0.58$0.55$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.12$0.02$0.10$1.69$0.87$0.82
2021Detailed filing. Detailed filing data is available for this year.$0.32$1.04$0.72$0.67$0.65$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.29$1.03$0.74$0.73$0.74$0.01
2019Summary only. Only limited summary data is available for this year.$0.29$0.00$0.58$0.54$0.04
2018Summary only. Only limited summary data is available for this year.$0.29$1.05$0.59$0.51$0.08
2017Summary only. Only limited summary data is available for this year.$0.20$1.04$0.53$0.44$0.09
2016Summary only. Only limited summary data is available for this year.$0.12$1.05$0.39$0.33$0.06
2015Summary only. Only limited summary data is available for this year.$0.18$1.17$0.43$0.51$0.08
2014Summary only. Only limited summary data is available for this year.$0.52$1.43$0.97$1.06$0.09
2013Summary only. Only limited summary data is available for this year.$0.57$1.39$0.77$0.93$0.15
2012Summary only. Only limited summary data is available for this year.$0.82$1.49$0.63$0.98$0.35
2011Summary only. Only limited summary data is available for this year.$0.82$1.13$0.50$0.87$0.37
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 10, 2025
Return Version
2024v5.2
Gross Receipts
$97,095
Mission and Program Overview

Mission

SOCIAL CLUB

Program Services

DescriptionGrantsExpenses
PROVIDING COLLEGIATE FRATERNITY HOUSING, ACTIVITIES,AND ENVIRONMENT--
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ISAAC SUTTERPresidentPT$0--
CHARLIE CROSSLEYVice-PresidentPT$0--
WILL HJELSETHSecretaryPT$0--
JAKE OLSONTreasurerPT$0--
MATTHEW ROTHFORKSentinelPT$0--
JOSH KRISTJANSONInductorPT$0--
Filing and Contact Details

Filer

Filer Name
Phi Sigma Kappa
EIN
41-0479442
Phone
6126245015
Address
2221 UNIVERSITY AVE SE STE 111, MINNEAPOLIS, MN 55414

Signing Officer

Name
Jake Olson
Title
Treasurer
Phone
6126245015
Signed
2025-11-10
Discuss with paid preparer
Yes

Preparer

Firm
Fraternity Purchasing Association
Address
2221 University Ave SE Ste 11, Minneapolis, MN 55414
Preparer
Michelle Ballensky
Phone
6126245015
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

“FINES 100.”

Form 990EZ, Part I, Line 10

“Donation of Philanthropy Event proceeds; Donation; B+ Foundation: 101 Rockland Circle, Wilmington, DE, 19803; none, 1416.”

Form 990EZ, Part I, Line 16

“Payments to affiliates 5720.”

Form 990EZ, Part I, Line 16

“INSURANCE 10836.”

Form 990EZ, Part I, Line 16

“Disbursements for members 44946.”

Form 990EZ, Part I, Line 16

“Convention/conference 2050.”

Form 990EZ, Part I, Line 16

“ADMINISTRATIVE 208.”

Form 990EZ, Part I, Line 16

“BAD DEBT WRITE OFF 2660.”

Form 990EZ, Part I, Line 16

“MISCELLANEOUS 78.”

Form 990EZ, Part II, Line 24

“PREPAID EXPENSE 0. 3697.”

Form 990EZ, Part II, Line 24

“Advance deposit - cooperative 1000. 1000.”

Form 990EZ, Part II, Line 24

“Accounts receivable 8378. 26476.”

Form 990EZ, Part II, Line 26

“Accounts payable 873. 418.”

Form 990EZ, Part II, Line 26

“DEFERRED INCOME 0. 0.”

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/PersonNm0JAKE OLSON
IRS990EZ/BooksInCareOfDetail/PhoneNum06122961184
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0317 18TH AVE SE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MINNEAPOLIS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055414
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt07325
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03778
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt018702
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01877
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt016703
IRS990EZ/Form990TotalAssetsGrp/EOYAmt034951
IRS990EZ/FundraisingGrossIncomeAmt0430
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt01416
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt097095
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt0148
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt073720
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt015830
IRS990EZ/NetAssetsOrFundBalancesEOYAmt034533
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt015830
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt034533
IRS990EZ/OccupancyRentUtltsAndMaintAmt08602
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt19.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt36.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt47.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt56.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ISAAC SUTTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CHARLIE CROSSLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2WILL HJELSETH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JAKE OLSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MATTHEW ROTHFORK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JOSH KRISTJANSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE-PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SENTINEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5INDUCTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt09378
IRS990EZ/OtherAssetsTotalDetail/EOYAmt031173
IRS990EZ/OtherChangesInNetAssetsAmt01
IRS990EZ/OtherExpensesTotalAmt066498
IRS990EZ/OtherRevenueTotalAmt0100
IRS990EZ/PrimaryExemptPurposeTxt0SOCIAL CLUB
IRS990EZ/ProgramServiceRevenueAmt022697
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDING COLLEGIATE FRATERNITY HOUSING, ACTIVITIES,AND ENVIRONMENT
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt0430
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0873
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0418
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt078393
IRS990EZ/TotalRevenueAmt097095
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0PHISIG.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FINES 100.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Donation of Philanthropy Event proceeds; Donation; B+ Foundation: 101 Rockland Circle, Wilmington, DE, 19803; none, 1416.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAYMENTS TO AFFILIATES 5720.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INSURANCE 10836.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DISBURSEMENTS FOR MEMBERS 44946.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONVENTION/CONFERENCE 2050.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ADMINISTRATIVE 208.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BAD DEBT WRITE OFF 2660.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8MISCELLANEOUS 78.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9PREPAID EXPENSE 0. 3697.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10ADVANCE DEPOSIT - COOPERATIVE 1000. 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11ACCOUNTS RECEIVABLE 8378. 26476.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12ACCOUNTS PAYABLE 873. 418.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13DEFERRED INCOME 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 10
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 I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JAKE OLSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06126245015
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PHI SIGMA KAPPA
ReturnHeader/Filer/BusinessNameControlTxt0PHIS
ReturnHeader/Filer/EIN0410479442
ReturnHeader/Filer/PhoneNum06126245015
ReturnHeader/Filer/USAddress/AddressLine1Txt02221 UNIVERSITY AVE SE STE 111
ReturnHeader/Filer/USAddress/CityNm0MINNEAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055414
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410265424
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Fraternity Purchasing Association
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02221 University Ave SE Ste 11
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Minneapolis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055414
ReturnHeader/PreparerPersonGrp/PhoneNum06126245015
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHELLE BALLENSKY
ReturnHeader/ReturnTs02025-11-11T08:32:53-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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