Quick charity verification for Phi Theta Kappa Foundation (EIN: 205469890)
Verdict: Phi Theta Kappa Foundation appears trustworthy
90/100Mission Score
$4.3MRevenue
$17.9MAssets
1Red Flags
4Strengths
Red Flags
Significant increase in liabilities in 2023 to $2,647,342, up from $206,148 in 2022, warrants further scrutiny.
Strengths
Consistent asset growth over the past decade, reaching $17,874,262.
Zero reported officer compensation across all available filings, indicating strong financial stewardship.
Generally low liabilities relative to assets, demonstrating financial stability.
Expenses consistently managed below revenue in most periods, contributing to reserves.
Spending Breakdown
How Phi Theta Kappa Foundation 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 Theta Kappa Foundation
Is Phi Theta Kappa Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Phi Theta Kappa Foundation (EIN: 205469890) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Phi Theta Kappa Foundation a good charity to donate to?
Phi Theta Kappa Foundation has a Mission Score of 90/100. Revenue: $4.3M. Assets: $17.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Phi Theta Kappa Foundation?
The Employer Identification Number (EIN) for Phi Theta Kappa Foundation is 205469890. 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 Theta Kappa Foundation spend its money?
Phi Theta Kappa Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Phi Theta Kappa Foundation's tax-exempt status?
You can verify Phi Theta Kappa Foundation's tax-exempt status using EIN 205469890 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
The Phi Theta Kappa Foundation demonstrates consistent financial health with a strong asset base, currently at $17,874,262. Over the past decade, the organization has shown steady growth in assets, indicating effective financial management and accumulation of resources. While revenue has fluctuated, generally staying within the $2.5M-$4.3M range, expenses have largely remained below revenue, contributing to asset growth. The organization's liabilities have generally been low relative to its assets, with a notable increase in 2023 to $2,647,342, which warrants closer examination but still represents a manageable portion of its $16,381,188 assets for that period. The absence of reported officer compensation across all available filings suggests a high degree of transparency and potentially a volunteer-driven leadership structure, which is a positive indicator for donor confidence.