Civic Intelligence

Pi Kappa Phi Fraternity

990 • Fiscal year 2022 • EIN 57-0340150

Jul 01, 2021 to Jun 30, 2022 • Filed on Nov 07, 2022

2015 Ayrsley Town Blvd 200Charlotte, NC 28273

(704) 504-0888

Siviq Scores

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

Liabilities / Assets

70th percentile

0.57x

Higher debt load relative to assets than 70% of similar nonprofits.

2022 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

59th percentile

0.80x

Higher debt load relative to revenue than 59% of similar nonprofits.

2022 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2022

Net Margin

36th percentile

2.5%

Higher net margin than 36% of similar nonprofits.

2022 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

89th percentile

$227,786

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2022 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2022

Asset Growth

55th percentile

4.9%

Faster asset growth than 55% of similar nonprofits.

2022 filings • 501(c)7 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

76th percentile

21%

Faster revenue growth than 76% of similar nonprofits.

2022 filings • 501(c)7 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Up

$8,562,340

Up $398,194 (+4.9%) from 2021

Net Assets

Up

$3,648,282

Up $154,526 (+4.4%) from 2021

Liabilities

Up

$4,914,058

Up $243,668 (+5.2%) from 2021

Revenue

Up

$6,117,819

Up $1,068,801 (+21%) from 2021

Expenses

Up

$5,963,293

Up $521,336 (+9.6%) from 2021

Net Income

Up

$154,526

Up $547,465 (+139%) from 2021

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $5,057,991Liabilities 2011: $1,954,328Net Assets 2011: $3,103,6632011Assets 2012: $5,819,475Liabilities 2012: $2,407,756Net Assets 2012: $3,411,7192012Assets 2013: $6,048,745Liabilities 2013: $2,299,775Net Assets 2013: $3,748,9702013Assets 2014: $6,909,124Liabilities 2014: $2,988,253Net Assets 2014: $3,920,8712014Assets 2015: $7,347,097Liabilities 2015: $3,408,189Net Assets 2015: $3,938,9082015Assets 2016: $7,712,790Liabilities 2016: $3,690,265Net Assets 2016: $4,022,5252016Assets 2017: $7,951,941Liabilities 2017: $3,782,239Net Assets 2017: $4,169,7022017Assets 2018: $8,783,796Liabilities 2018: $4,485,125Net Assets 2018: $4,298,6712018Assets 2019: $8,501,056Liabilities 2019: $4,407,701Net Assets 2019: $4,093,3552019Assets 2020: $8,024,947Liabilities 2020: $4,138,251Net Assets 2020: $3,886,6962020Assets 2021: $8,164,146Liabilities 2021: $4,670,390Net Assets 2021: $3,493,7562021Assets 2022: $8,562,340Liabilities 2022: $4,914,058Net Assets 2022: $3,648,2822022Assets 2023: $8,187,054Liabilities 2023: $4,548,751Net Assets 2023: $3,638,3032023Assets 2024: $12,806,295Liabilities 2024: $8,166,805Net Assets 2024: $4,639,4902024

Highlighted filing

2022

Assets$8,562,340
Liabilities$4,914,058
Net Assets$3,648,282

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2011: $3,543,1862011Expenses 2012: $3,585,9592012Expenses 2013: $3,812,2792013Revenue 2014: $4,205,830Expenses 2014: $4,033,929Net Income 2014: $171,9012014Revenue 2015: $5,130,199Expenses 2015: $5,112,162Net Income 2015: $18,0372015Revenue 2016: $5,010,496Expenses 2016: $4,926,879Net Income 2016: $83,6172016Revenue 2017: $5,661,507Expenses 2017: $5,514,330Net Income 2017: $147,1772017Revenue 2018: $5,392,660Expenses 2018: $5,263,691Net Income 2018: $128,9692018Revenue 2019: $6,407,196Expenses 2019: $6,612,512Net Income 2019: -$205,3162019Revenue 2020: $5,436,341Expenses 2020: $5,642,681Net Income 2020: -$206,3402020Revenue 2021: $5,049,018Expenses 2021: $5,441,957Net Income 2021: -$392,9392021Revenue 2022: $6,117,819Expenses 2022: $5,963,293Net Income 2022: $154,5262022Revenue 2023: $5,392,809Expenses 2023: $5,402,788Net Income 2023: -$9,9792023Revenue 2024: $7,651,700Expenses 2024: $6,650,513Net Income 2024: $1,001,1872024

Highlighted filing

2022

Revenue$6,117,819
Expenses$5,963,293
Net Income$154,526
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 7, 2022
Return Version
2021v4.2
Gross Receipts
$6,279,180
Mission and Program Overview

Mission

To promote fellowship and mutual trust, uphold the traditions and ideals of its host colleges, encourage scholarship and the highest ideals of christian manhood and good citizenship.

To promote fellowship and mutual trust, uphold the traditions and ideals of its host colleges, encourage scholarship and the high ideals of christian manhood and good citizenship.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,694,309$3,659,842▼ $34,467
Accounts Receivable$903,821$1,290,768▲ $386,947
Investments in Publicly Traded Securities$1,167,542$1,258,022▲ $90,480
Savings and Temporary Cash Investments$576,569$949,159▲ $372,590
Land, Buildings, and Equipment, Net$461,624$410,926▼ $50,698
Prepaid Expenses and Deferred Charges$646,958$389,941▼ $257,017
Other Notes and Loans Receivable, Net$197,025$88,920▼ $108,105
Inventories for Sale or Use$82,713$82,969▲ $256
Total Assets$8,164,146$8,562,340▲ $398,194
Other Assets Total$433,585$431,793▼ $1,792
Liabilities
Deferred Revenue$3,092,005$3,617,783▲ $525,778
Other Liabilities$1,238,951$767,079▼ $471,872
Accounts Payable and Accrued Expenses$339,434$529,196▲ $189,762
Total Liabilities$4,670,390$4,914,058▲ $243,668
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,493,756$3,648,282▲ $154,526
Total Net Assets Fund Balance$3,493,756$3,648,282▲ $154,526
Total Liabilities and Net Assets / Fund Balance$8,164,146$8,562,340▲ $398,194

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$309,660$311,175$620,835
Equipment$84,354$531,670$616,024
Leasehold Improvements$6,327$313,207$319,534
Other Land Buildings$5,585$38,061$43,646
Land$5,000-$5,000
Other Assets Org$186,980--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark E TimmesC.e.o.FT$191,464$36,322$227,786

Board Members and Trustees

NameTitle
William SigmonPresident
James SmithVice President
Denise NelsonC.a.o
Jake HendersonC.e.o.
Curt HerzogC.g.o
Brandon BeloteC.o.o
Brooke IsbellC.x.o
Alan DuesterhausChancellor
Andrae TurnerChaplain
David CoreyHistorian
Mike LoySecretary
Andrew BreasureStudent Liaison
Joe BradyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$160,000
Program Service Revenue
$5,832,239
Investment Income
$41,180
Other Revenue
$84,400
Change in Net Assets
$154,526
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,482,381
Salaries, Compensation, and Employee Benefits$2,480,912
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,657,927
All Other Expenses---$532,835
Travel---$353,543
Other Employee Benefits---$280,592
Current Officers, Directors, Trustees, and Key Employees---$227,786
Payroll Taxes---$215,532
Conferences and Meetings---$199,059
Occupancy---$127,580
Other Expenses---$121,238
Office Expenses---$114,355
Pension Plan Contributions---$99,075
Depreciation Depletion---$73,470
Fees for Services Legal---$26,538
Fees for Services Accounting---$14,851
Total Functional Expenses$0$0$0$5,963,293
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Contingent Insur. Liability$342,737
Deferred Compensation$244,813
Other Liabilities$192,752
Contingent Incentive Rebate$-13,223
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

There are three member classes: student members, alumni members and members-at-large. Representatives of the members have the authority at the biannual national convention to elect the governing body and amend the organization's constitution and supreme laws or pass resolutions for the good of the order.

Form 990, Part VI, Section A, Line 7A

There are three member classes: student members, alumni members and members-at-large. Representatives of the members have the authority at the biannual national convention to elect the governing body and amend the organization's constitution and supreme laws or pass resolutions for the good of the order.

Form 990, Part VI, Section B, Line 11B

Prior to filing form 990, the chief executive officer of pi kappa phi fraternity conducts a detail review of the tax return. A list of review questions and comments is prepared and discussed with the tax preparer. Upon satisfaction of any follow-up items, an electronic or hard copy of the final return is forwarded to each board member for review prior to filing with the internal revenue service and applicable state authorities.

Form 990, Part VI, Section B, Line 12C

Conflict of interest policy pi kappa phi fraternity requires each board member to reveal possible conflicts of interest in an annual disclosure statement.

Form 990, Part VI, Section B, Line 15A

Compensation review and approval the board of directors reviews current compensation level and consults a compensation survey through asae. Once finalized, the terms are incorporated into an employment agreement and approved by the board.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest and financial statements no documents available to the public.

Filing and Contact Details

Filer

Filer Name
Pi Kappa Phi Fraternity
EIN
57-0340150
Phone
7045040888
Address
2015 AYRSLEY TOWN BLVD 200, CHARLOTTE, NC 28273

Signing Officer

Name
Jake Henderson
Title
CEO
Phone
7045040888
Signed
2022-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jake Henderson
Formed
1907
Legal Domicile
Sc
Voting Board Members
8
Independent Board Members
8
Employees
53
Volunteers
0

Preparer

Firm
Vance Flouhouse & Garges Pllc
Address
7725 BALLANTYNE COMMONS PKY STE103, CHARLOTTE, NC 28277
Preparer
Amanda R Melton
Phone
7043697200
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IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT
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IRS990/MissionDesc0TO PROMOTE FELLOWSHIP AND MUTUAL TRUST, UPHOLD THE TRADITIONS AND IDEALS OF ITS HOST COLLEGES, ENCOURAGE SCHOLARSHIP AND THE HIGHEST IDEALS OF CHRISTIAN MANHOOD AND GOOD CITIZENSHIP.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03493756
IRS990/NetAssetsOrFundBalancesEOYAmt03648282
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt040421
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt040421
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-44248
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-44248
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03493756
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03648282
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0127580
IRS990/OfficeExpensesGrp/TotalAmt0114355
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0433585
IRS990/OtherAssetsTotalGrp/EOYAmt0431793
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0280592
IRS990/OtherExpensesGrp/Desc0LIABILITY/PROPERTY INSU
IRS990/OtherExpensesGrp/Desc1PRINTING & PUBLICATIONS
IRS990/OtherExpensesGrp/Desc2DUES AND FEES
IRS990/OtherExpensesGrp/Desc3COMPUTER ENHANCEMENTS
IRS990/OtherExpensesGrp/TotalAmt01594213
IRS990/OtherExpensesGrp/TotalAmt1201012
IRS990/OtherExpensesGrp/TotalAmt2123687
IRS990/OtherExpensesGrp/TotalAmt3121238
IRS990/OtherLiabilitiesGrp/BOYAmt01238951
IRS990/OtherLiabilitiesGrp/EOYAmt0767079
IRS990/OtherRevenueMiscGrp/BusinessCd0900003
IRS990/OtherRevenueMiscGrp/Desc0AFFINITY REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt088227
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt088227
IRS990/OtherRevenueTotalAmt088227
IRS990/OtherSalariesAndWagesGrp/TotalAmt01657927
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0197025
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt088920
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0215532
IRS990/PensionPlanContributionsGrp/TotalAmt099075
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0646958
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0389941
IRS990/PrincipalOfficerNm0JAKE HENDERSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900003
IRS990/ProgramServiceRevenueGrp/Desc0PROG.SERV.REVENUE-RELA
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05832239
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05832239
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0139208
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt051305
IRS990/PYOtherExpensesAmt03430434
IRS990/PYOtherRevenueAmt035445
IRS990/PYProgramServiceRevenueAmt04823060
IRS990/PYRevenuesLessExpensesAmt0-392939
IRS990/PYSalariesCompEmpBnftPaidAmt02011523
IRS990/PYTotalExpensesAmt05441957
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05049018
IRS990/ReconcilationRevenueExpnssAmt0154526
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0160000
IRS990/RentalIncomeOrLossGrp/RealAmt0-44248
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt06117819
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0576569
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0949159
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0309660
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0311175
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0620835
IRS990ScheduleD/EquipmentGrp/BookValueAmt084354
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0531670
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0616024
IRS990ScheduleD/LandGrp/BookValueAmt05000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt06327
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0313207
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0319534
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0244813
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1186980
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0LIFE INSURANCE CASH VALUE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1INVESTMENT IN FRMT, LTD.
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05585
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt038061
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt043646
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0244813
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1342737
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2192752
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3-13223
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED COMPENSATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CONTINGENT INSUR. LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OTHER LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3CONTINGENT INCENTIVE REBATE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0410926
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0431793
IRS990ScheduleD/TotalLiabilityAmt0767079
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/ClubDuesOrFeesInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/HousingAllowanceOrResidenceInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0191464
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount04736
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt031586
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MARK E TIMMES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0C.E.O.
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0227786
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0MARK TIMMES, CEO, IS PROVIDED A RESIDENCE FOR PERSONAL USE. MARK'S GYM MEMBERSHIP DUES ARE ALSO REIMBURSED BY THE FRATERNITY. THE VALUE OF THE BENEFITS PROVIDED ARE INCLUDED IN REPORTABLE COMPENSATION. THE VALUE OF THE RESIDENCE IS $1,200 PER MONTH AND GYM MEMBERSHIP IS $1,128 PER YEAR.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 1A
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE THREE MEMBER CLASSES: STUDENT MEMBERS, ALUMNI MEMBERS AND MEMBERS-AT-LARGE. REPRESENTATIVES OF THE MEMBERS HAVE THE AUTHORITY AT THE BIANNUAL NATIONAL CONVENTION TO ELECT THE GOVERNING BODY AND AMEND THE ORGANIZATION'S CONSTITUTION AND SUPREME LAWS OR PASS RESOLUTIONS FOR THE GOOD OF THE ORDER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE THREE MEMBER CLASSES: STUDENT MEMBERS, ALUMNI MEMBERS AND MEMBERS-AT-LARGE. REPRESENTATIVES OF THE MEMBERS HAVE THE AUTHORITY AT THE BIANNUAL NATIONAL CONVENTION TO ELECT THE GOVERNING BODY AND AMEND THE ORGANIZATION'S CONSTITUTION AND SUPREME LAWS OR PASS RESOLUTIONS FOR THE GOOD OF THE ORDER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRIOR TO FILING FORM 990, THE CHIEF EXECUTIVE OFFICER OF PI KAPPA PHI FRATERNITY CONDUCTS A DETAIL REVIEW OF THE TAX RETURN. A LIST OF REVIEW QUESTIONS AND COMMENTS IS PREPARED AND DISCUSSED WITH THE TAX PREPARER. UPON SATISFACTION OF ANY FOLLOW-UP ITEMS, AN ELECTRONIC OR HARD COPY OF THE FINAL RETURN IS FORWARDED TO EACH BOARD MEMBER FOR REVIEW PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE AND APPLICABLE STATE AUTHORITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFLICT OF INTEREST POLICY PI KAPPA PHI FRATERNITY REQUIRES EACH BOARD MEMBER TO REVEAL POSSIBLE CONFLICTS OF INTEREST IN AN ANNUAL DISCLOSURE STATEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION REVIEW AND APPROVAL THE BOARD OF DIRECTORS REVIEWS CURRENT COMPENSATION LEVEL AND CONSULTS A COMPENSATION SURVEY THROUGH ASAE. ONCE FINALIZED, THE TERMS ARE INCORPORATED INTO AN EMPLOYMENT AGREEMENT AND APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, CONFLICT OF INTEREST AND FINANCIAL STATEMENTS NO DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0PI KAPPA PHI PROPERTIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1THE ABILITY EXPERIENCE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2PI KAPPA PHI FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0596216310
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1581588777
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2460975567
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(7)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1SERVICE

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$12.8$8.17$4.64$7.65$6.65$1.00
2023Detailed filing. Detailed filing data is available for this year.$8.19$4.55$3.64$5.39$5.40$0.01
2022Detailed filing. Detailed filing data is available for this year.$8.56$4.91$3.65$6.12$5.96$0.15
2021Detailed filing. Detailed filing data is available for this year.$8.16$4.67$3.49$5.05$5.44$0.39
2020Detailed filing. Detailed filing data is available for this year.$8.02$4.14$3.89$5.44$5.64$0.21
2019Detailed filing. Detailed filing data is available for this year.$8.50$4.41$4.09$6.41$6.61$0.21
2018Detailed filing. Detailed filing data is available for this year.$8.78$4.49$4.30$5.39$5.26$0.13
2017Detailed filing. Detailed filing data is available for this year.$7.95$3.78$4.17$5.66$5.51$0.15
2016Detailed filing. Detailed filing data is available for this year.$7.71$3.69$4.02$5.01$4.93$0.08
2015Detailed filing. Detailed filing data is available for this year.$7.35$3.41$3.94$5.13$5.11$0.02
2014Detailed filing. Detailed filing data is available for this year.$6.91$2.99$3.92$4.21$4.03$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.05$2.30$3.75$3.81
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.82$2.41$3.41$3.59
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.06$1.95$3.10$3.54