Phi Kappa Tau Foundation
EIN: 316024975 · Oxford, OH
Is Phi Kappa Tau Foundation 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 Tau Foundation
Phi Kappa Tau Foundation (EIN: 316024975) is a nonprofit organization based in Oxford, OH. The organization reported total revenue of $1.8M and total assets of $17.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Phi Kappa Tau Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Phi Kappa Tau Foundation 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 Tau Foundation 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.
Frequently Asked Questions about Phi Kappa Tau Foundation
Is Phi Kappa Tau Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Phi Kappa Tau Foundation (EIN: 316024975) insufficient data. 0 red flags identified, 0 strengths noted.
How does Phi Kappa Tau Foundation spend its money?
Detailed spending breakdown data is not yet available for Phi Kappa Tau Foundation. Check back for updated IRS 990 analysis.
Are donations to Phi Kappa Tau Foundation tax-deductible?
Phi Kappa Tau Foundation is registered as a tax-exempt nonprofit (EIN: 316024975). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Phi Kappa Tau Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Phi Kappa Tau Foundation's revenue has grown by 248%, moving from $807K to $2.8M. Total assets increased by 56.9% over the same period, from $10.5M to $16.6M. Total functional expenses rose by 94.9%, from $898K to $1.8M. In its most recent filing year (2023), Phi Kappa Tau Foundation reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $442K in liabilities against $16.6M in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $16.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $1.8M | $16.6M | $442K | — | — |
| 2022 | $1.9M | $675K | $16.0M | $777K | — | View 990 |
| 2021 | $3.6M | $1.1M | $17.2M | $784K | — | — |
| 2018 | $1.5M | $955K | $13.4M | $309K | — | View 990 |
| 2017 | $1.3M | $982K | $12.8M | $411K | — | View 990 |
| 2016 | $1.3M | $1.1M | $12.1M | $398K | — | View 990 |
| 2015 | $1.0M | $990K | $12.1M | $234K | — | View 990 |
| 2013 | $1.8M | $976K | $11.2M | $100K | — | View 990 |
| 2012 | $820K | $893K | $10.1M | $127K | — | View 990 |
| 2011 | $807K | $898K | $10.5M | $256K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $1.8M, and assets of $16.6M (revenue +46.8% year-over-year).
- 2022: Revenue of $1.9M, expenses of $675K, and assets of $16.0M (revenue -47.0% year-over-year).
- 2021: Revenue of $3.6M, expenses of $1.1M, and assets of $17.2M (revenue +143.2% year-over-year).
- 2018: Revenue of $1.5M, expenses of $955K, and assets of $13.4M (revenue +16.8% year-over-year).
- 2017: Revenue of $1.3M, expenses of $982K, and assets of $12.8M (revenue +0.9% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.1M, and assets of $12.1M (revenue +25.3% year-over-year).
- 2015: Revenue of $1.0M, expenses of $990K, and assets of $12.1M (revenue -45.3% year-over-year).
- 2013: Revenue of $1.8M, expenses of $976K, and assets of $11.2M (revenue +124.0% year-over-year).
- 2012: Revenue of $820K, expenses of $893K, and assets of $10.1M (revenue +1.6% year-over-year).
- 2011: Revenue of $807K, expenses of $898K, and assets of $10.5M.
Data Sources and Methodology
This transparency report for Phi Kappa Tau Foundation 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.