Civic Intelligence

Phi Kappa Tau Fraternity Alpha Lambda Chapter

990 • Fiscal year 2019 • EIN 63-0297938

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 14, 2020

841 W Magnolia AveAuburn, AL 36832

(443) 890-1866

Siviq Scores

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

Liabilities / Assets

24th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

24th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2019

Net Margin

43rd percentile

1.8%

Higher net margin than 43% of similar nonprofits.

2019 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

93rd percentile

39%

Faster asset growth than 93% of similar nonprofits.

2019 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

6th percentile

-24%

Faster revenue growth than 6% of similar nonprofits.

2019 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$34,271

Up $9,667 (+39%) from 2018

Net Assets

Up

$34,271

Up $9,667 (+39%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$540,754

Down $169,444 (-24%) from 2018

Expenses

Down

$531,087

Down $173,268 (-25%) from 2018

Net Income

Up

$9,667

Up $3,824 (+65%) from 2018

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2010: $20,350Liabilities 2010: $0Net Assets 2010: $20,3502010Assets 2011: $32,695Liabilities 2011: $0Net Assets 2011: $32,6952011Assets 2012: $19,902Liabilities 2012: $0Net Assets 2012: $19,9022012Assets 2013: $26,943Liabilities 2013: $0Net Assets 2013: $26,9432013Assets 2014: $23,197Liabilities 2014: $0Net Assets 2014: $23,1972014Assets 2015: $28,020Liabilities 2015: $0Net Assets 2015: $28,0202015Assets 2016: $39,287Liabilities 2016: $0Net Assets 2016: $39,2872016Assets 2017: $18,761Liabilities 2017: $0Net Assets 2017: $18,7612017Assets 2018: $24,604Liabilities 2018: $0Net Assets 2018: $24,6042018Assets 2019: $34,271Liabilities 2019: $0Net Assets 2019: $34,2712019

Highlighted filing

2019

Assets$34,271
Liabilities$0
Net Assets$34,271

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $335,2822010Revenue 2011: $339,315Expenses 2011: $326,970Net Income 2011: $12,3452011Expenses 2012: $390,1652012Revenue 2013: $365,418Expenses 2013: $358,377Net Income 2013: $7,0412013Revenue 2014: $343,427Expenses 2014: $347,173Net Income 2014: -$3,7462014Revenue 2015: $432,996Expenses 2015: $428,173Net Income 2015: $4,8232015Revenue 2016: $575,696Expenses 2016: $564,429Net Income 2016: $11,2672016Revenue 2017: $594,427Expenses 2017: $614,953Net Income 2017: -$20,5262017Revenue 2018: $710,198Expenses 2018: $704,355Net Income 2018: $5,8432018Revenue 2019: $540,754Expenses 2019: $531,087Net Income 2019: $9,6672019

Highlighted filing

2019

Revenue$540,754
Expenses$531,087
Net Income$9,667
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 14, 2020
Return Version
2019v5.0
Gross Receipts
$540,754
Mission and Program Overview

Mission

The mission of phi kappa tau is to champion a lifelong commitment to brotherhood, learning, ethical leadership and exemplary character.

Local chapter of a national collegiate social fraternity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$24,604$34,271▲ $9,667
Total Assets$24,604$34,271▲ $9,667
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$24,604$34,271▲ $9,667
Total Net Assets Fund Balance$24,604$34,271▲ $9,667
Total Liabilities and Net Assets / Fund Balance$24,604$34,271▲ $9,667
Compensation and Service Providers

Board Members and Trustees

NameTitle
Theodore FlemingPresident
Kyle FlemingSecretary
Jack SchlossbergTreasurer
John Michael KaylorVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$540,754
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$9,667
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$531,087
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$309,377
Fees for Services Accounting---$8,998
Other Expenses---$4,736
Office Expenses---$2,641
Total Functional Expenses$0$0$0$531,087
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
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, Page 6, Part VI, Line 11B

The organization's form 990 is prepared by an accountant experienced in the area of non-profit taxation. The board makes a cursory review of the return to make sure no material omissions or misstatements are made on the return before it is filed. Once approved, the return is signed by an authorized agent and filed.

Form 990, Page 6, Part VI, Line 19

Upon request, within one week of request.

Filing and Contact Details

Filer

Filer Name
Phi Kappa Tau Fraternity
EIN
63-0297938
Phone
4438901866
Address
841 W MAGNOLIA AVE, AUBURN, AL 36832

Signing Officer

Name
Jack Schlossberg
Title
Treasurer
Phone
4438901866
Signed
2020-09-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Theodore Fleming
Formed
1927
Voting Board Members
5
Independent Board Members
0
Employees
0
Volunteers
8

Preparer

Firm
Greek Resource Services LLC
Address
PO BOX 1880, TUSCALOOSA, AL 35403-1880
Preparer
Elizabeth Brewer
Phone
2057587754
Raw XML Appendix233 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.

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IRS990/IRPDocumentCnt00
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