Civic Intelligence

Phi Sigma Kappa

990EZ • Fiscal year 2020 • EIN 41-0479442

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 05, 2020

Organization ProfilePHISIG.COM
2221 University Ave SE Ste 111Minneapolis, MN 55414

(612) 624-5015

Siviq Scores

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

Liabilities / Assets

99th percentile

3.55x

Higher debt load relative to assets than 99% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

95th percentile

1.41x

Higher debt load relative to revenue than 95% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Net Margin

39th percentile

-2.0%

Higher net margin than 39% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Asset Growth

41st percentile

-1.6%

Faster asset growth than 41% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

91st percentile

26%

Faster revenue growth than 91% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$28,929

Down $471 (-1.6%) from 2019

Net Assets

-$73,808

No earlier filing loaded for comparison.

Liabilities

Up

$102,737

Up $102,737 from 2019

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin39th percentile

Revenue

Up

$73,018

Up $14,982 (+26%) from 2019

Expenses

Up

$74,470

Up $19,989 (+37%) from 2019

Net Income

Down

-$1,452

Down $5,007 (-141%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth41st percentile

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

$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

2020

Assets$28,929
Liabilities$102,737
Net Assets-$73,808
Open 2020 Filing

Operations Trend

Revenue Growth91st percentile

Revenue, expenses, and net income across loaded years, with this 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

2020

Revenue$73,018
Expenses$74,470
Net Income-$1,452
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 5, 2020
Return Version
2019v5.0
Gross Receipts
$73,018
Mission and Program Overview

Mission

SOCIAL CLUB

Program Services

DescriptionGrantsExpenses
PROVIDING COLLEGIATE FRATERNITY HOUSING, ACTIVITIES, AND ENVIRONMENT--
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NATE HAYDENPresidentPT$0--
JUSTIN SCHERERVice PresidentPT$0--
SAM CESAFSKYSecretaryPT$0--
LOGAN QUIMBYTreasurerPT$0--
SAM BIERELEInductorPT$0--
JUSTIN HILLSentinelPT$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
Logan Quimby
Title
Treasurer
Signed
2020-11-05
Discuss with paid preparer
Yes

Preparer

Firm
Fraternity Purchasing Association
Address
2221 UNIVERSITY AVE SE STE 111, MINNEAPOLIS, MN 55414
Preparer
Michelle Ballensky
Phone
6126245015
Supplemental Narrative

Additional Explanations

Part I, Line 16 Other Expense

“Insurance 11612, payments to affiliates 4191, bad debt write off 2875, convention 3266, miscellaneous 769”

Part I, Line 10 Grants and Similar Amounts Paid

“SPECIAL OLYMPICS 748”

Part II, Line 24 Other Assets

“Accounts receivable 19627, prepaid expense 4235, fpa advance deposit 1000”

Part II, Line 26 Total Liabilities

“Accounts payable 102337, member security deposits 400”

Raw XML Appendix120 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BenefitsPaidToOrForMembersAmt044514
IRS990EZ/BooksInCareOfDetail/PersonNm0LOGAN QUIMBY
IRS990EZ/BooksInCareOfDetail/PhoneNum05079936695
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0317 18TH AVE SE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MINNEAPOLIS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055414
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03725
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04068
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1452
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01168
IRS990EZ/Form990TotalAssetsGrp/BOYAmt029400
IRS990EZ/Form990TotalAssetsGrp/EOYAmt028929
IRS990EZ/FundraisingGrossIncomeAmt0710
IRS990EZ/GrantsAndSimilarAmountsPaidAmt0748
IRS990EZ/GrossReceiptsAmt073018
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/GroupExemptionNum00258
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt015
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt046433
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-72356
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-73808
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-72356
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-73808
IRS990EZ/OccupancyRentUtltsAndMaintAmt05328
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt015
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt115
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt212
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt312
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt410
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt510
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NATE HAYDEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JUSTIN SCHERER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SAM CESAFSKY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LOGAN QUIMBY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SAM BIERELE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JUSTIN HILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4INDUCTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5SENTINEL
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt025675
IRS990EZ/OtherAssetsTotalDetail/EOYAmt024861
IRS990EZ/OtherExpensesTotalAmt022712
IRS990EZ/PrimaryExemptPurposeTxt0SOCIAL CLUB
IRS990EZ/ProgramServiceRevenueAmt025860
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDING COLLEGIATE FRATERNITY HOUSING, ACTIVITIES, AND ENVIRONMENT
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsNetIncomeLossAmt0710
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0101756
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0102737
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt074470
IRS990EZ/TotalRevenueAmt073018
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationOtherDesc0SOCIALCLUB
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990EZ/WebsiteAddressTxt0PHISIG.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INSURANCE 11612, PAYMENTS TO AFFILIATES 4191, BAD DEBT WRITE OFF 2875, CONVENTION 3266, MISCELLANEOUS 769
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SPECIAL OLYMPICS 748
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 19627, PREPAID EXPENSE 4235, FPA ADVANCE DEPOSIT 1000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE 102337, MEMBER SECURITY DEPOSITS 400
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 16 OTHER EXPENSE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 10 GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART II, LINE 24 OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART II, LINE 26 TOTAL LIABILITIES
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LOGAN QUIMBY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PHI SIGMA KAPPA
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0BETA DEUTERON
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/FilingSecurityInformation/AtSubmissionCreationDeviceId0A44F276F17128A6BAA3066C56978BA8ADDFE5A91
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId07DEFF8F965B8BEBDF50A7107A7FF5A01A3378560
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0160.94.189.157
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410265424
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FRATERNITY PURCHASING ASSOCIATION
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02221 UNIVERSITY AVE SE STE 111
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MINNEAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055414
ReturnHeader/PreparerPersonGrp/PhoneNum06126245015
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHELLE BALLENSKY
ReturnHeader/ReturnTs02020-11-05T14:18:28-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

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
$28,929
Liabilities
$102,737
Net assets
-$73,808
Revenue
$73,018
Expenses
$74,470
Net income
-$1,452
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