Consistent IRS 990 filing history (13 filings), demonstrating transparency and compliance.
Revenues generally cover expenses, indicating sound financial management.
Low liabilities relative to assets, suggesting good financial solvency.
Spending Breakdown
How Phi Eta Kappa Building Association allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Phi Eta Kappa Building Association
Is Phi Eta Kappa Building Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Phi Eta Kappa Building Association (EIN: 10442081) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Phi Eta Kappa Building Association a good charity to donate to?
Phi Eta Kappa Building Association has a Mission Score of 85/100. Revenue: $64K. Assets: $242K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Phi Eta Kappa Building Association?
The Employer Identification Number (EIN) for Phi Eta Kappa Building Association is 10442081. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Phi Eta Kappa Building Association spend its money?
Phi Eta Kappa Building Association allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Phi Eta Kappa Building Association's tax-exempt status?
You can verify Phi Eta Kappa Building Association's tax-exempt status using EIN 10442081 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Phi Eta Kappa Building Association demonstrates consistent financial activity, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 2023, revenue was $55,600 against expenses of $53,476, indicating a slight surplus. The organization's assets have remained relatively stable, fluctuating around the $240,000-$290,000 range, with current assets at $241,659. Liabilities have shown some variability but are generally well-covered by assets. The NTEE code S47 suggests a focus on fraternal societies, which often involves property management for a specific group. Given the nature of a 'Building Association,' a significant portion of expenses would likely be related to property maintenance and operational costs, which are considered program-related for such an entity. The consistent reporting of 0% officer compensation across all filings indicates a volunteer-led structure, enhancing its financial efficiency and transparency regarding executive pay.
The organization's spending efficiency appears reasonable for its stated purpose. While specific program spending breakdowns aren't provided in the summary data, the consistent operational expenses relative to revenue suggest that funds are being utilized for the building's upkeep and associated activities. The absence of officer compensation is a strong indicator of efficient use of funds, as no revenue is diverted to executive salaries. Transparency is high due to the consistent filing of IRS Form 990s and the clear indication of no paid officers, which simplifies the financial structure and reduces potential conflicts of interest. The organization's financial health appears stable, with sufficient assets to cover liabilities and a consistent revenue stream to support its operations.