Is Pi Kappa Phi Theta Epsilon Alumni Chapter Inc Legit?
Quick charity verification for Pi Kappa Phi Theta Epsilon Alumni Chapter Inc (EIN: 113642443)
Verdict: Pi Kappa Phi Theta Epsilon Alumni Chapter Inc has notable concerns
35/100Mission Score
$5KRevenue
$4KAssets
4Red Flags
2Strengths
Red Flags
Severe decline in revenue from $46,895 in 2020 to $4,733 in 2021.
High liabilities ($200,146 in 2021) significantly exceeding assets ($3,585), indicating negative net assets.
Consistent operating deficits in recent years, with expenses ($35,060 in 2021) far exceeding revenue ($4,733).
Significant financial volatility over the past several years, making future financial health unpredictable.
Strengths
Consistent reporting of 0% officer compensation, indicating no executive salaries were paid.
History of substantial revenues in earlier periods (e.g., $591,595 in 2019), suggesting past capacity for fundraising or member engagement.
Spending Breakdown
How Pi Kappa Phi Theta Epsilon Alumni Chapter Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Pi Kappa Phi Theta Epsilon Alumni Chapter Inc
Is Pi Kappa Phi Theta Epsilon Alumni Chapter Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Pi Kappa Phi Theta Epsilon Alumni Chapter Inc (EIN: 113642443) has notable concerns. Mission Score: 35/100. 4 red flags identified, 2 strengths noted.
Is Pi Kappa Phi Theta Epsilon Alumni Chapter Inc a good charity to donate to?
Pi Kappa Phi Theta Epsilon Alumni Chapter Inc has a Mission Score of 35/100. Revenue: $5K. Assets: $4K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Pi Kappa Phi Theta Epsilon Alumni Chapter Inc?
The Employer Identification Number (EIN) for Pi Kappa Phi Theta Epsilon Alumni Chapter Inc is 113642443. 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 Pi Kappa Phi Theta Epsilon Alumni Chapter Inc spend its money?
Pi Kappa Phi Theta Epsilon Alumni Chapter Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Pi Kappa Phi Theta Epsilon Alumni Chapter Inc's tax-exempt status?
You can verify Pi Kappa Phi Theta Epsilon Alumni Chapter Inc's tax-exempt status using EIN 113642443 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
Pi Kappa Phi Theta Epsilon Alumni Chapter Inc has experienced significant financial volatility over the past few years. While the organization reported substantial revenues in earlier periods, such as $591,595 in 2019 and $548,746 in 2015, its latest filing for 2021 shows a drastic drop in revenue to $4,733, accompanied by expenses of $35,060. This indicates a substantial operating deficit in the most recent period. The organization also carries a high level of liabilities, reaching $200,146 in 2021, significantly outweighing its assets of $3,585.
The consistent reporting of 0% officer compensation across all available filings suggests good transparency regarding executive pay, as it indicates no salaries were paid to officers. However, the dramatic fluctuations in revenue and the growing liabilities, particularly the negative net assets in recent years, raise concerns about the organization's long-term financial stability and its ability to sustain its operations. The NTEE code N50, which typically refers to 'Fraternal Societies, Service Clubs, Etc.', suggests a focus on member services or community engagement, but the financial data points to significant operational challenges.