Civic Intelligence

Wake Forest Chapter of Pi Kappa Phi

990 • Fiscal year 2024 • EIN 88-1916657

Jul 01, 2023 to Jun 30, 2024 • Filed on Oct 22, 2024

Organization ProfileN/A
817 Charles Village LaneWinstonsalem, NC 27106

(859) 494-8879

Siviq Scores

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

Liabilities / Assets

54th percentile

0.00x

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

2024 filings • 501(c)7 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

54th percentile

0.00x

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

2024 filings • 501(c)7 • <$500k nonprofits • Source year 2024

Net Margin

45th percentile

1.0%

Higher net margin than 45% of similar nonprofits.

2024 filings • 501(c)7 • <$500k nonprofits • Source year 2024

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.

2024 filings • 501(c)7 • <$500k nonprofits • Source year 2024

Asset Growth

58th percentile

5.0%

Faster asset growth than 58% of similar nonprofits.

2024 filings • 501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

94th percentile

69%

Faster revenue growth than 94% of similar nonprofits.

2024 filings • 501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets54th percentile

Assets

Up

$50,825

Up $2,439 (+5.0%) from 2023

Net Assets

Up

$50,825

Up $2,439 (+5.0%) from 2023

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin45th percentile

Revenue

Up

$240,355

Up $98,085 (+69%) from 2023

Expenses

Up

$237,916

Up $122,502 (+106%) from 2023

Net Income

Down

$2,439

Down $24,417 (-91%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth58th percentile

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

$60K$40K$20K$0Assets 2023: $48,386Net Assets 2023: $48,3862023Assets 2024: $50,825Liabilities 2024: $0Net Assets 2024: $50,8252024

Highlighted filing

2024

Assets$50,825
Liabilities$0
Net Assets$50,825
Open 2024 Filing

Operations Trend

Revenue Growth94th percentile

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

$300K$200K$100K$0Revenue 2023: $142,270Expenses 2023: $115,414Net Income 2023: $26,8562023Revenue 2024: $240,355Expenses 2024: $237,916Net Income 2024: $2,4392024

Highlighted filing

2024

Revenue$240,355
Expenses$237,916
Net Income$2,439
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Oct 22, 2024
Return Version
2023v5.0
Gross Receipts
$240,355
Mission and Program Overview

Mission

To operate the local chapter of pi kappa phi fraternity wake forest chapter at wake forest university, a college social fraternity. Specifically, to promote the social, intellectual, and moral development of college and university men, both members and pledges of pi kappa phi fraternity. To continue among graduate members the close friendship and loyalty inspired and stabilized by mutual aid and understanding. To support the education of members and outstanding scholars, to assist members in time of need, and to support selected humanitarian activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$48,386$50,825▲ $2,439
Total Assets$48,386$50,825▲ $2,439
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$48,386$50,825▲ $2,439
Total Net Assets Fund Balance$48,386$50,825▲ $2,439
Total Liabilities and Net Assets / Fund Balance$48,386$50,825▲ $2,439
Compensation and Service Providers
Top Officer Pay94th percentile

Board Members and Trustees

NameTitle
Harrison SiegelArchon
Ethan LangeChaplain
Charlie TimmisHistorian
Luke MortonPhilanthropy
Jonah MayerRisk Manager
Nico SolisSecretary
Will AlexanderStandards Ch
Max WolfangerTreasurer
Cooper HoughVice Archon
Steven CayeaWarden
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$240,355
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$2,439
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$237,916
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
Other Expenses$23,814--$23,814
Occupancy$15,660--$15,660
Insurance$7,950--$7,950
Fees for Services Accounting$5,932--$5,932
Total Functional Expenses$237,916$0$0$237,916
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
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
No
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

“Officers will review form 990 prior to signature and electronc filing.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Wake Forest Chapter of Pi Kappa Phi
EIN
88-1916657
Phone
8594948879
Address
817 CHARLES VILLAGE LANE, WINSTONSALEM, NC 27106

Signing Officer

Name
Max Wolfanger
Title
Treasurer
Phone
5618627666
Signed
2024-10-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Harrison Siegel
Formed
2022
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
55

Preparer

Firm
Greek Resource Services LLC
Address
PO BOX 1880, TUSCALOOSA, AL 35403-1880
Preparer
Cindy Neal
Phone
8002766342
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To operate the local chapter of pi kappa phi fraternity wake forest chapter at wake forest university, a college social fraternity. Specifically, to promote the social, intellectual, and moral development of college and university men, both members and pledges of pi kappa phi fraternity. To continue among graduate members the close friendship and loyalty inspired and stabilized by mutual aid and understanding. To support the education of members and outstanding scholars, to assist members in time of need, and to support selected humanitarian activities.”

Form 990, Page 2, Part III, Line 4D

“FOR MEMBER BENEFIT”

Form 990, Page 5, Part V, Line 3B

“The organziation has no unrealted or investement income.”

Raw XML Appendix286 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO OPERATE THE LOCAL CHAPTER OF PI KAPPA PHI FRATERNITY WAKE FOREST CHAPTER AT WAKE FOREST UNIVERSITY, A COLLEGE SOCIAL FRATERNITY. SPECIFICALLY, TO PROMOTE THE SOCIAL, INTELLECTUAL, AND MORAL DEVELOPMENT OF COLLEGE AND UNIVERSITY MEN, BOTH MEMBERS AND PLEDGES OF PI KAPPA PHI FRATERNITY. TO CONTINUE AMONG GRADUATE MEMBERS THE CLOSE FRIENDSHIP AND LOYALTY INSPIRED AND STABILIZED BY MUTUAL AID AND UNDERSTANDING. TO SUPPORT THE EDUCATION OF MEMBERS AND OUTSTANDING SCHOLARS, TO ASSIST MEMBERS IN TIME OF NEED, AND TO SUPPORT SELECTED HUMANITARIAN ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FOR MEMBER BENEFIT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANZIATION HAS NO UNREALTED OR INVESTEMENT INCOME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICERS WILL REVIEW FORM 990 PRIOR TO SIGNATURE AND ELECTRONC FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 5, PART V, LINE 3B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/TaxYr02023

Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$50,825
Liabilities
$0
Net assets
$50,825
Revenue
$240,355
Expenses
$237,916
Net income
$2,439
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$2.40$2.38$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.48$0.48$1.42$1.15$0.27