Civic Intelligence

Pi Kappa Phi Fraternity

990 • Fiscal year 2023 • EIN 57-0340150

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 08, 2023

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

69th percentile

0.56x

Higher debt load relative to assets than 69% of similar nonprofits.

2023 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

62nd percentile

0.84x

Higher debt load relative to revenue than 62% of similar nonprofits.

2023 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2023

Net Margin

28th percentile

-0.2%

Higher net margin than 28% of similar nonprofits.

2023 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

84th percentile

$210,696

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2023 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2023

Asset Growth

12th percentile

-4.4%

Faster asset growth than 12% of similar nonprofits.

2023 filings • 501(c)7 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

10th percentile

-12%

Faster revenue growth than 10% of similar nonprofits.

2023 filings • 501(c)7 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Down

$8,187,054

Down $375,286 (-4.4%) from 2022

Net Assets

Down

$3,638,303

Down $9,979 (-0.3%) from 2022

Liabilities

Down

$4,548,751

Down $365,307 (-7.4%) from 2022

Revenue

Down

$5,392,809

Down $725,010 (-12%) from 2022

Expenses

Down

$5,402,788

Down $560,505 (-9.4%) from 2022

Net Income

Down

-$9,979

Down $164,505 (-106%) from 2022

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

2023

Assets$8,187,054
Liabilities$4,548,751
Net Assets$3,638,303

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

2023

Revenue$5,392,809
Expenses$5,402,788
Net Income-$9,979
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 8, 2023
Return Version
2022v5.0
Gross Receipts
$5,580,425
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$3,659,842$3,467,284▼ $192,558
Investments in Publicly Traded Securities$1,258,022$1,222,829▼ $35,193
Accounts Receivable$1,290,768$1,088,194▼ $202,574
Savings and Temporary Cash Investments$949,159$962,530▲ $13,371
Land, Buildings, and Equipment, Net$410,926$436,015▲ $25,089
Prepaid Expenses and Deferred Charges$389,941$383,792▼ $6,149
Inventories for Sale or Use$82,969$174,167▲ $91,198
Other Notes and Loans Receivable, Net$88,920--
Total Assets$8,562,340$8,187,054▼ $375,286
Other Assets Total$431,793$452,243▲ $20,450
Liabilities
Deferred Revenue$3,617,783$3,638,632▲ $20,849
Other Liabilities$767,079$518,210▼ $248,869
Accounts Payable and Accrued Expenses$529,196$391,909▼ $137,287
Total Liabilities$4,914,058$4,548,751▼ $365,307
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,648,282$3,638,303▼ $9,979
Total Net Assets Fund Balance$3,648,282$3,638,303▼ $9,979
Total Liabilities and Net Assets / Fund Balance$8,562,340$8,187,054▼ $375,286

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$323,542$346,219$669,761
Equipment$72,984$569,543$642,527
Leasehold Improvements$18,838$319,256$338,094
Other Land Buildings$15,651$39,551$55,202
Land$5,000-$5,000
Other Assets Org$25,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark E TimmesC.e.o. EmeritusFT$137,231$73,465$210,696
Jake HendersonC.e.o.FT$168,029$6,059$174,088

Board Members and Trustees

NameTitle
James SmithPresident
Joe BradyVice President
Brandon BeloteC.o.o
Ben BushChancellor
Todd DwayneChaplain
Andre TurnerHistorian
Alan DuesterhausSecretary
Jacob BeaverStudent Liaison
Walter WahlfeldtTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$105,000
Program Service Revenue
$5,150,132
Investment Income
$52,078
Other Revenue
$85,599
Change in Net Assets
$-9,979
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,146,315
Salaries, Compensation, and Employee Benefits$2,256,473
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,289,910
Travel---$537,080
All Other Expenses---$536,394
Current Officers, Directors, Trustees, and Key Employees---$384,785
Other Employee Benefits---$286,554
Conferences and Meetings---$255,117
Payroll Taxes---$220,725
Other Expenses---$161,116
Office Expenses---$151,694
Occupancy---$146,446
Pension Plan Contributions---$74,499
Depreciation Depletion---$47,725
Fees for Services Accounting---$7,465
Fees for Services Legal---$309
Total Functional Expenses$0$0$0$5,402,788
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$284,893
Deferred Compensation$240,263
Other Liabilities$200
Contingent Incentive Rebate$-7,146
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
2023-11-08
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
49
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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
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IRS990/OtherAssetsTotalGrp/EOYAmt0452243
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0286554
IRS990/OtherExpensesGrp/Desc0LIABILITY/PROPERTY INSU
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2FOOD
IRS990/OtherExpensesGrp/Desc3CHAPTER SUPPORT
IRS990/OtherExpensesGrp/TotalAmt0839365
IRS990/OtherExpensesGrp/TotalAmt1269440
IRS990/OtherExpensesGrp/TotalAmt2194164
IRS990/OtherExpensesGrp/TotalAmt3161116
IRS990/OtherLiabilitiesGrp/BOYAmt0767079
IRS990/OtherLiabilitiesGrp/EOYAmt0518210
IRS990/OtherRevenueMiscGrp/BusinessCd0900003
IRS990/OtherRevenueMiscGrp/Desc0AFFINITY REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0126109
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0126109
IRS990/OtherRevenueTotalAmt0126109
IRS990/OtherSalariesAndWagesGrp/TotalAmt01289910
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt088920
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0220725
IRS990/PensionPlanContributionsGrp/TotalAmt074499
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0389941
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0383792
IRS990/PrincipalOfficerNm0JAKE HENDERSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900003
IRS990/ProgramServiceRevenueGrp/Desc0PROG.SERV.REVENUE-RELA
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05150132
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05150132
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0160000
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt041180
IRS990/PYOtherExpensesAmt03482381
IRS990/PYOtherRevenueAmt084400
IRS990/PYProgramServiceRevenueAmt05832239
IRS990/PYRevenuesLessExpensesAmt0154526
IRS990/PYSalariesCompEmpBnftPaidAmt02480912
IRS990/PYTotalExpensesAmt05963293
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06117819
IRS990/ReconcilationRevenueExpnssAmt0-9979
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0105000
IRS990/RentalIncomeOrLossGrp/RealAmt0-74118
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05392809
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0949159
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0962530
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0323542
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0346219
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0669761
IRS990ScheduleD/EquipmentGrp/BookValueAmt072984
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0569543
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0642527
IRS990ScheduleD/LandGrp/BookValueAmt05000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt018838
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0319256
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0338094
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0240263
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1186980
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt225000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0LIFE INSURANCE CASH VALUE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1INVESTMENT IN FRMT, LTD.
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2SPECIAL PROJECTS FUND
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt015651
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt039551
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt055202
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0240263
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1284893
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3-7146
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED COMPENSATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CONTINGENT INSUR. LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OTHER LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3CONTINGENT INCENTIVE REBATE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0436015
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0452243
IRS990ScheduleD/TotalLiabilityAmt0518210
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/ClubDuesOrFeesInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/HousingAllowanceOrResidenceInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0137231
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1168029
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount048500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt024965
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt16059
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MARK E TIMMES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JAKE HENDERSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0C.E.O. EMERITUS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1C.E.O.
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0210696
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1174088
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
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

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