Civic Intelligence

Kappa Chi Alumni Association of the Phi Chi Fraternity

EIN 41-6037015 • 501(c)7 • Minneapolis, MN

Profile

Providing graduate fraternity housing

2221 University Ave SE Ste 111Minneapolis, MN 55414

n/A

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Higher debt load relative to assets than 58% 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

37th percentile

-1.9%

Higher net margin than 37% of similar nonprofits.

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

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

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

Asset Growth

47th percentile

-0.3%

Faster asset growth than 47% of similar nonprofits.

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

Revenue Growth

76th percentile

18%

Faster revenue growth than 76% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$473,120

Down $1,369 (-0.3%) from 2024

Liabilities

Flat

$165

Flat from 2024

Net Assets

$472,955

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue61st percentileNet Margin37th percentile

Revenue

Up

$71,951

Up $10,866 (+18%) from 2024

Expenses

Up

$73,320

Up $9,219 (+14%) from 2024

Net Income

Up

-$1,369

Up $1,647 (+55%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth47th percentile

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

$600K$400K$200K$0Assets 2012: $342,572Liabilities 2012: $02012Assets 2013: $351,287Liabilities 2013: $4,4842013Assets 2014: $354,124Liabilities 2014: $6702014Assets 2015: $366,307Liabilities 2015: $02015Assets 2016: $372,638Liabilities 2016: $02016Assets 2017: $456,439Liabilities 2017: $65,5042017Assets 2018: $498,295Liabilities 2018: $84,5142018Assets 2019: $488,211Liabilities 2019: $63,3922019Assets 2020: $463,868Liabilities 2020: $22,4352020Assets 2021: $457,668Liabilities 2021: $20,340Net Assets 2021: $437,3282021Assets 2022: $470,481Liabilities 2022: $1,022Net Assets 2022: $469,4592022Assets 2023: $477,491Liabilities 2023: $1502023Assets 2024: $474,489Liabilities 2024: $1652024Assets 2025: $473,120Liabilities 2025: $165Net Assets 2025: $472,9552025

Highlighted filing

2025

Assets$473,120
Liabilities$165
Net Assets$472,955
Open 2025 Filing

Operations Trend

Revenue Growth76th percentile

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

$100K$50K$0-$50KRevenue 2012: $35,910Expenses 2012: $33,779Net Income 2012: $2,1312012Revenue 2013: $37,238Expenses 2013: $33,007Net Income 2013: $4,2312013Revenue 2014: $39,685Expenses 2014: $33,034Net Income 2014: $6,6512014Revenue 2015: $46,809Expenses 2015: $33,956Net Income 2015: $12,8532015Revenue 2016: $40,575Expenses 2016: $34,244Net Income 2016: $6,3312016Revenue 2017: $51,905Expenses 2017: $33,608Net Income 2017: $18,2972017Revenue 2018: $63,103Expenses 2018: $40,257Net Income 2018: $22,8462018Revenue 2019: $62,876Expenses 2019: $51,838Net Income 2019: $11,0382019Revenue 2020: $78,147Expenses 2020: $61,533Net Income 2020: $16,6142020Revenue 2021: $49,756Expenses 2021: $53,861Net Income 2021: -$4,1052021Revenue 2022: $81,782Expenses 2022: $49,651Net Income 2022: $32,1312022Revenue 2023: $57,656Expenses 2023: $49,774Net Income 2023: $7,8822023Revenue 2024: $61,085Expenses 2024: $64,101Net Income 2024: -$3,0162024Revenue 2025: $71,951Expenses 2025: $73,320Net Income 2025: -$1,3692025

Highlighted filing

2025

Revenue$71,951
Expenses$73,320
Net Income-$1,369
Open 2025 Filing

Filings

Most recent year

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

Open filing
Assets
$473,120
Liabilities
$165
Net assets
$472,955
Revenue
$71,951
Expenses
$73,320
Net income
-$1,369
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.73$0.00$4.73$0.72$0.73$0.01
2024Summary only. Only limited summary data is available for this year.$4.74$0.00$0.61$0.64$0.03
2023Summary only. Only limited summary data is available for this year.$4.77$0.00$0.58$0.50$0.08
2022Detailed filing. Detailed filing data is available for this year.$4.70$0.01$4.69$0.82$0.50$0.32
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.58$0.20$4.37$0.50$0.54$0.04
2020Summary only. Only limited summary data is available for this year.$4.64$0.22$0.78$0.62$0.17
2019Summary only. Only limited summary data is available for this year.$4.88$0.63$0.63$0.52$0.11
2018Summary only. Only limited summary data is available for this year.$4.98$0.85$0.63$0.40$0.23
2017Summary only. Only limited summary data is available for this year.$4.56$0.66$0.52$0.34$0.18
2016Summary only. Only limited summary data is available for this year.$3.73$0.00$0.41$0.34$0.06
2015Summary only. Only limited summary data is available for this year.$3.66$0.00$0.47$0.34$0.13
2014Summary only. Only limited summary data is available for this year.$3.54$0.01$0.40$0.33$0.07
2013Summary only. Only limited summary data is available for this year.$3.51$0.04$0.37$0.33$0.04
2012Summary only. Only limited summary data is available for this year.$3.43$0.00$0.36$0.34$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Aug 5, 2025
Return Version
2024v5.2
Gross Receipts
$71,951
Mission and Program Overview

Mission

Provide fraternity housing

Providing graduate fraternity housing

Program Services

DescriptionGrantsExpenses
PROVIDING GRADUATE FRATERNITY HOUSING, ACTIVITIES AND ENVIRONMENT--
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ERIK LUNDCo-President-$0--
BRIAN GRUBBSCo-President-$0--
Filing and Contact Details

Filer

Filer Name
Kappa Chi Alumni Association of the Phi Chi Fraternity
EIN
41-6037015
Phone
6126245015
Address
2221 UNIVERSITY AVE SE STE 111, MINNEAPOLIS, MN 55414

Signing Officer

Name
Erik Lund
Title
Co-president
Phone
6126245015
Signed
2025-08-05
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 16

“INSURANCE 16767.”

Form 990EZ, Part I, Line 16

“ADMINISTRATIVE 60.”

Form 990EZ, Part I, Line 16

“Scholarships 6800.”

Form 990EZ, Part I, Line 16

“Depreciation 19375.”

Form 990EZ, Part II, Line 24

“PREPAID EXPENSE 9719.”

Form 990EZ, Part II, Line 26

“ACCOUNTS PAYABLE 165.”

Raw XML Appendix118 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/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0FRATERNITY PURCHASING ASSOCIATION
IRS990EZ/BooksInCareOfDetail/PhoneNum06126245015
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02221 UNIVERSITY AVE SE 111
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MINNEAPOLIS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055414
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0141645
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0135342
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1369
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01710
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0474489
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0473120
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt071951
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt017911
IRS990EZ/LandAndBuildingsGrp/BOYAmt0323125
IRS990EZ/LandAndBuildingsGrp/EOYAmt0331237
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0474324
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0472955
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0474324
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0472955
IRS990EZ/OccupancyRentUtltsAndMaintAmt028608
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ERIK LUND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BRIAN GRUBBS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CO-PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CO-PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0true
IRS990EZ/OrganizationHadUBIInd0true
IRS990EZ/OtherAssetsTotalDetail/BOYAmt09719
IRS990EZ/OtherAssetsTotalDetail/EOYAmt06541
IRS990EZ/OtherExpensesTotalAmt043002
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDING GRADUATE FRATERNITY HOUSING
IRS990EZ/ProgramServiceRevenueAmt054040
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDING GRADUATE FRATERNITY HOUSING, ACTIVITIES AND ENVIRONMENT
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0165
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0165
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt073320
IRS990EZ/TotalRevenueAmt071951
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INSURANCE 16767.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ADMINISTRATIVE 60.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Scholarships 6800.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation 19375.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PREPAID EXPENSE 9719.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ACCOUNTS PAYABLE 165.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIK LUND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CO-PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06126245015
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KAPPA CHI ALUMNI ASSOCIATION OF THE PHI CHI FRATERNITY
ReturnHeader/Filer/BusinessNameControlTxt0KAPP
ReturnHeader/Filer/EIN0416037015
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/PreparationDt02025-08-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHELLE BALLENSKY
ReturnHeader/ReturnTs02025-08-06T11:02:15-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-04-01
ReturnHeader/TaxPeriodEndDt02025-03-31
ReturnHeader/TaxYr02024

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