Pi Beta Phi Fraternity
Pi Beta Phi Fraternity shows declining assets and frequent operating deficits, but maintains zero officer compensation.
EIN: 205767321 · Chesterfield, MO · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $96K |
| Total Expenses | $80K |
| Program Spending | 80% |
| Net Assets | $99K |
| Transparency Score | 70/100 |
Is Pi Beta Phi Fraternity Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pi Beta Phi Fraternity directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pi Beta Phi Fraternity
Pi Beta Phi Fraternity (EIN: 205767321) is a nonprofit organization based in Chesterfield, MO. The organization reported total revenue of $96K and total assets of $93K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pi Beta Phi Fraternity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pi Beta Phi Fraternity is a micro nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $74K |
| Total Expenses | $80K |
| Surplus / Deficit | $-5,950 |
| Total Assets | $102K |
| Total Liabilities | $3K |
| Net Assets | $99K |
| Operating Margin | -8.1% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 15.3 months |
Financial Health Grade: B
In 2023, Pi Beta Phi Fraternity reported a deficit of $6K with expenses exceeding revenue, holds 15.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Pi Beta Phi Fraternity's revenue has declined at a compound annual growth rate (CAGR) of -5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.5% | -8.9% | -3.2% |
| 2022 | +579.4% | +201.8% | -1.6% |
| 2021 | -85.8% | -53.1% | -12.8% |
| 2020 | -9.0% | -59.0% | +26.6% |
| 2019 | -11.1% | +42.5% | -34.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1942 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Pi Beta Phi Fraternity with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Pi Beta Phi Fraternity allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.6%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0%, indicating that officers are not paid salaries, which is a strong positive for minimizing administrative costs relative to the organization's size and revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Pi Beta Phi Fraternity's IRS 990 filings:
- Declining asset base over the past several years (from $158,418 in 2016 to $101,635 in 2023)
- Frequent operating deficits where expenses exceed revenue (e.g., 2023, 2022, 2021, 2019, 2017)
Strengths
The following positive indicators were identified for Pi Beta Phi Fraternity:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for executive salaries.
- Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
- Very low or zero reported liabilities across most filing periods, indicating good financial management of debt.
Frequently Asked Questions about Pi Beta Phi Fraternity
Is Pi Beta Phi Fraternity a legitimate charity?
Pi Beta Phi Fraternity (EIN: 205767321) is a registered tax-exempt nonprofit based in Missouri. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $96K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Pi Beta Phi Fraternity spend its money?
Pi Beta Phi Fraternity directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Pi Beta Phi Fraternity tax-deductible?
Pi Beta Phi Fraternity is registered as a tax-exempt nonprofit (EIN: 205767321). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Pi Beta Phi Fraternity's spending goes to programs?
Pi Beta Phi Fraternity directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Pi Beta Phi Fraternity located?
Pi Beta Phi Fraternity is headquartered in Chesterfield, Missouri and files with the IRS under EIN 205767321.
How many years of IRS 990 filings does Pi Beta Phi Fraternity have?
Pi Beta Phi Fraternity 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 $96K in total revenue.
Is Pi Beta Phi Fraternity a good charity?
Based on the available financial data, Pi Beta Phi Fraternity demonstrates financial stability with consistent IRS 990 filings and a commendable practice of zero officer compensation. However, without a detailed breakdown of program spending, it's difficult to fully assess its programmatic impact and efficiency. The organization's assets have been declining, and expenses have frequently exceeded revenue in recent years, which warrants attention.
Why are assets declining?
The organization's assets have shown a gradual decline from $158,418 in 2016 to $101,635 in 2023. This could be due to several factors, including using reserves to cover operating deficits (as seen in 2023 and 2022 where expenses exceeded revenue), a lack of significant new asset acquisition, or depreciation of existing assets. Further detailed financial statements would be needed to pinpoint the exact reasons.
How does the organization cover its expenses when revenue is lower?
In several periods, such as 2023 ($73,724 revenue vs. $79,674 expenses) and 2022 ($86,238 revenue vs. $87,425 expenses), expenses exceeded revenue. This suggests the organization is likely drawing from its accumulated assets or reserves to cover the shortfall, as indicated by the overall decline in assets over time.
Filing History
IRS 990 filing history for Pi Beta Phi Fraternity showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pi Beta Phi Fraternity's revenue has declined by 50.7%, moving from $150K to $74K. Total assets increased by 44.4% over the same period, from $70K to $102K. Total functional expenses fell by 46.5%, from $149K to $80K. In its most recent filing year (2023), Pi Beta Phi Fraternity reported a deficit of $6K, with expenses exceeding revenue. The organization holds $3K in liabilities against $102K in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $99K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $74K | $80K | $102K | $3K | — | — |
| 2022 | $86K | $87K | $105K | $86 | — | — |
| 2021 | $13K | $29K | $107K | $598 | — | View 990 |
| 2020 | $89K | $62K | $122K | $0 | — | View 990 |
| 2019 | $98K | $151K | $97K | $2K | — | View 990 |
| 2018 | $110K | $106K | $148K | $17 | — | View 990 |
| 2017 | $131K | $146K | $145K | $2K | — | View 990 |
| 2016 | $146K | $135K | $158K | $0 | — | View 990 |
| 2015 | $152K | $137K | $147K | $0 | — | View 990 |
| 2014 | $174K | $144K | $133K | $0 | — | View 990 |
| 2013 | $162K | $158K | $103K | $0 | — | View 990 |
| 2012 | $155K | $127K | $99K | $675 | — | View 990 |
| 2011 | $150K | $149K | $70K | $700 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $74K, expenses of $80K, and assets of $102K (revenue -14.5% year-over-year).
- 2022: Revenue of $86K, expenses of $87K, and assets of $105K (revenue +579.4% year-over-year).
- 2021: Revenue of $13K, expenses of $29K, and assets of $107K (revenue -85.8% year-over-year).
- 2020: Revenue of $89K, expenses of $62K, and assets of $122K (revenue -9.0% year-over-year).
- 2019: Revenue of $98K, expenses of $151K, and assets of $97K (revenue -11.1% year-over-year).
- 2018: Revenue of $110K, expenses of $106K, and assets of $148K (revenue -16.2% year-over-year).
- 2017: Revenue of $131K, expenses of $146K, and assets of $145K (revenue -10.4% year-over-year).
- 2016: Revenue of $146K, expenses of $135K, and assets of $158K (revenue -3.5% year-over-year).
- 2015: Revenue of $152K, expenses of $137K, and assets of $147K (revenue -12.8% year-over-year).
- 2014: Revenue of $174K, expenses of $144K, and assets of $133K (revenue +7.1% year-over-year).
- 2013: Revenue of $162K, expenses of $158K, and assets of $103K (revenue +4.6% year-over-year).
- 2012: Revenue of $155K, expenses of $127K, and assets of $99K (revenue +3.9% year-over-year).
- 2011: Revenue of $150K, expenses of $149K, and assets of $70K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pi Beta Phi Fraternity:
Data Sources and Methodology
This transparency report for Pi Beta Phi Fraternity 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.