Phi Kappa Sigma Fraternity Grand Chapter
EIN: 230967790 · Carmel, IN
| Metric | Value |
|---|---|
| Total Revenue | $948K |
| Total Expenses | $716K |
| Net Assets | $1.3M |
Is Phi Kappa Sigma Fraternity Grand Chapter Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Phi Kappa Sigma Fraternity Grand Chapter
Phi Kappa Sigma Fraternity Grand Chapter (EIN: 230967790) is a nonprofit organization based in Carmel, IN. The organization reported total revenue of $948K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Phi Kappa Sigma Fraternity Grand Chapter's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Phi Kappa Sigma Fraternity Grand Chapter is a small nonprofit that has been operating for 86 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $716K |
| Surplus / Deficit | +$289K |
| Total Assets | $1.5M |
| Total Liabilities | $173K |
| Net Assets | $1.3M |
| Operating Margin | 28.8% |
| Debt-to-Asset Ratio | 11.5% |
| Months of Reserves | 25.2 months |
Financial Health Grade: A
In 2023, Phi Kappa Sigma Fraternity Grand Chapter reported a surplus of $289K with revenue exceeding expenses, holds 25.2 months of operating reserves (strong position), has a debt-to-asset ratio of 11.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Phi Kappa Sigma Fraternity Grand Chapter's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.6% | -23.1% | +25.6% |
| 2022 | +19.0% | +20.9% | -16.3% |
| 2021 | -24.0% | -17.4% | +0.7% |
| 2020 | -21.6% | -20.5% | +9.1% |
| 2019 | +0.5% | +13.8% | -7.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1940 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Phi Kappa Sigma Fraternity Grand Chapter has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Phi Kappa Sigma Fraternity Grand Chapter with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $289K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.5%.
Frequently Asked Questions about Phi Kappa Sigma Fraternity Grand Chapter
Is Phi Kappa Sigma Fraternity Grand Chapter a legitimate charity?
Phi Kappa Sigma Fraternity Grand Chapter (EIN: 230967790) is a registered tax-exempt nonprofit based in Indiana. It has 13 years of IRS 990 filings on record. Total revenue: $948K. No red flags identified. Financial health grade: A.
How does Phi Kappa Sigma Fraternity Grand Chapter spend its money?
Phi Kappa Sigma Fraternity Grand Chapter reported $948K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Phi Kappa Sigma Fraternity Grand Chapter tax-deductible?
Phi Kappa Sigma Fraternity Grand Chapter is registered as a tax-exempt nonprofit (EIN: 230967790). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Phi Kappa Sigma Fraternity Grand Chapter located?
Phi Kappa Sigma Fraternity Grand Chapter is headquartered in Carmel, Indiana and files with the IRS under EIN 230967790.
How many years of IRS 990 filings does Phi Kappa Sigma Fraternity Grand Chapter have?
Phi Kappa Sigma Fraternity Grand Chapter has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $948K in total revenue.
Filing History
IRS 990 filing history for Phi Kappa Sigma Fraternity Grand Chapter showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Phi Kappa Sigma Fraternity Grand Chapter's revenue has grown by 100.4%, moving from $501K to $1.0M. Total assets increased by 39.3% over the same period, from $1.1M to $1.5M. Total functional expenses rose by 32.5%, from $540K to $716K. In its most recent filing year (2023), Phi Kappa Sigma Fraternity Grand Chapter reported a surplus of $289K, with revenue exceeding expenses. The organization holds $173K in liabilities against $1.5M in assets (debt-to-asset ratio: 11.5%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $716K | $1.5M | $173K | — | — |
| 2022 | $800K | $930K | $1.2M | $182K | — | View 990 |
| 2021 | $672K | $769K | $1.4M | $194K | — | — |
| 2020 | $885K | $931K | $1.4M | $201K | — | — |
| 2019 | $1.1M | $1.2M | $1.3M | $36K | — | View 990 |
| 2018 | $1.1M | $1.0M | $1.4M | $94K | — | View 990 |
| 2017 | $1.1M | $1.0M | $1.3M | $127K | — | View 990 |
| 2016 | $1.1M | $1.1M | $1.3M | $134K | — | View 990 |
| 2015 | $977K | $881K | $1.2M | $25K | — | View 990 |
| 2014 | $1.0M | $1.0M | $1.1M | $26K | — | View 990 |
| 2013 | $735K | $688K | $1.2M | $52K | — | View 990 |
| 2012 | $628K | $561K | $1.1M | $47K | — | View 990 |
| 2011 | $501K | $540K | $1.1M | $62K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $716K, and assets of $1.5M (revenue +25.6% year-over-year).
- 2022: Revenue of $800K, expenses of $930K, and assets of $1.2M (revenue +19.0% year-over-year).
- 2021: Revenue of $672K, expenses of $769K, and assets of $1.4M (revenue -24.0% year-over-year).
- 2020: Revenue of $885K, expenses of $931K, and assets of $1.4M (revenue -21.6% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.2M, and assets of $1.3M (revenue +0.5% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.0M, and assets of $1.4M (revenue +4.4% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.0M, and assets of $1.3M (revenue -0.4% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.1M, and assets of $1.3M (revenue +10.4% year-over-year).
- 2015: Revenue of $977K, expenses of $881K, and assets of $1.2M (revenue -3.4% year-over-year).
- 2014: Revenue of $1.0M, expenses of $1.0M, and assets of $1.1M (revenue +37.7% year-over-year).
- 2013: Revenue of $735K, expenses of $688K, and assets of $1.2M (revenue +16.9% year-over-year).
- 2012: Revenue of $628K, expenses of $561K, and assets of $1.1M (revenue +25.3% year-over-year).
- 2011: Revenue of $501K, expenses of $540K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Phi Kappa Sigma Fraternity Grand Chapter:
Data Sources and Methodology
This transparency report for Phi Kappa Sigma Fraternity Grand Chapter is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.