Civic Intelligence

Phi Kappa Tau - Mississippi State Univ Alpha Chi Chapter

990 • Fiscal year 2020 • EIN 64-0392930

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 12, 2021

PO Box 3596Mississippi State, MS 39762

(267) 221-8514

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.00x

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

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

Liabilities / Revenue

52nd percentile

0.00x

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

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

Net Margin

60th percentile

7.6%

Higher net margin than 60% 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

95th percentile

111%

Faster asset growth than 95% of similar nonprofits.

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

Revenue Growth

56th percentile

-11%

Faster revenue growth than 56% of similar nonprofits.

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

Assets

Up

$47,742

Up $25,089 (+111%) from 2019

Net Assets

Up

$47,742

Up $25,089 (+111%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$329,648

Down $39,071 (-11%) from 2019

Expenses

Down

$304,559

Down $69,874 (-19%) from 2019

Net Income

Up

$25,089

Up $30,803 (+539%) from 2019

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2015: $413Liabilities 2015: $0Net Assets 2015: $4132015Assets 2016: $28,916Liabilities 2016: $0Net Assets 2016: $28,9162016Assets 2017: $13,223Liabilities 2017: $0Net Assets 2017: $13,2232017Assets 2018: $28,366Liabilities 2018: $0Net Assets 2018: $28,3662018Assets 2019: $22,653Liabilities 2019: $0Net Assets 2019: $22,6532019Assets 2020: $47,742Liabilities 2020: $0Net Assets 2020: $47,7422020Assets 2021: $48,906Liabilities 2021: $0Net Assets 2021: $48,9062021Assets 2022: $63,506Liabilities 2022: $0Net Assets 2022: $63,5062022Assets 2023: $42,947Liabilities 2023: $0Net Assets 2023: $42,9472023

Highlighted filing

2020

Assets$47,742
Liabilities$0
Net Assets$47,742

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2015: $76,128Expenses 2015: $76,840Net Income 2015: -$7122015Revenue 2016: $63,965Expenses 2016: $35,462Net Income 2016: $28,5032016Revenue 2017: $199,996Expenses 2017: $215,689Net Income 2017: -$15,6932017Revenue 2018: $309,883Expenses 2018: $294,740Net Income 2018: $15,1432018Revenue 2019: $368,719Expenses 2019: $374,433Net Income 2019: -$5,7142019Revenue 2020: $329,648Expenses 2020: $304,559Net Income 2020: $25,0892020Revenue 2021: $290,797Expenses 2021: $289,633Net Income 2021: $1,1642021Revenue 2022: $376,486Expenses 2022: $361,886Net Income 2022: $14,6002022Revenue 2023: $335,500Expenses 2023: $356,059Net Income 2023: -$20,5592023

Highlighted filing

2020

Revenue$329,648
Expenses$304,559
Net Income$25,089
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 12, 2021
Return Version
2019v5.0
Gross Receipts
$329,648
Mission and Program Overview

Mission

The organization is a local chapter of national collegiate social fraternity whose purpose is to provide meals, housing and social programs for the local social fraternity members.

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$22,653$47,742▲ $25,089
Rtn Earn Endowment Incm Other Fnds$22,653$47,742▲ $25,089
Total Assets$22,653$47,742▲ $25,089
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$22,653$47,742▲ $25,089
Total Liabilities and Net Assets / Fund Balance$22,653$47,742▲ $25,089
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael BlanchardPresident
Frank MuellerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$329,648
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$25,089
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$304,559
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---$147,670
Other Expenses---$12,169
Fees for Services Accounting---$6,254
All Other Expenses---$3,692
Total Functional Expenses$0$0$0$304,559
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
No
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 individual experienced in the area of non-profit taxation. The board makes a cursory reveiw 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
64-0392930
Phone
2672218514
Address
PO BOX 3596, MISSISSIPPI STATE, MS 39762

Signing Officer

Name
Frank Mueller
Title
Treasurer
Phone
2672218514
Signed
2021-02-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frank Mueller
Formed
2014
Legal Domicile
Ms
Voting Board Members
5
Independent Board Members
0
Employees
0
Volunteers
5

Preparer

Firm
Greek Resource Services LLC
Address
PO BOX 1880, TUSCALOOSA, AL 35403-1880
Preparer
Elizabeth Brewer
Phone
2057587754
Raw XML Appendix221 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/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
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IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0329648
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InitiationFeesAndCapContriAmt07250
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MS
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
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IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
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IRS990/OtherExpensesGrp/Desc1CHAPTER OPERATIONS
IRS990/OtherExpensesGrp/Desc2DUES AND FEES
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IRS990/OtherExpensesGrp/TotalAmt062547
IRS990/OtherExpensesGrp/TotalAmt137583
IRS990/OtherExpensesGrp/TotalAmt234644
IRS990/OtherExpensesGrp/TotalAmt312169
IRS990/OtherWebsiteInd0X
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IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/Desc1COLLECTIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0329048
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1600
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0329048
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYOtherExpensesAmt0374433
IRS990/PYProgramServiceRevenueAmt0368719
IRS990/PYRevenuesLessExpensesAmt0-5714
IRS990/PYTotalExpensesAmt0374433
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IRS990/ReconcilationRevenueExpnssAmt025089
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IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportLandBuildingEquipmentInd0false
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ALPHA CHI CHAPTER
ReturnHeader/Filer/BusinessNameControlTxt0PHIK
ReturnHeader/Filer/EIN0640392930
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0354031880
ReturnHeader/PreparerPersonGrp/PhoneNum02057587754
ReturnHeader/PreparerPersonGrp/PreparationDt02021-03-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELIZABETH BREWER
ReturnHeader/ReturnTs02021-03-25T12:27:59-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

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Filings