Pi Kappa Alpha Fraternity
Pi Kappa Alpha Fraternity shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 20351827 · Winchester, MA · NTEE: N50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $231K |
| Total Expenses | $140K |
| Program Spending | 70% |
| Net Assets | $384K |
| Transparency Score | 85/100 |
Is Pi Kappa Alpha Fraternity Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pi Kappa Alpha Fraternity directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Pi Kappa Alpha Fraternity
Pi Kappa Alpha Fraternity (EIN: 20351827) is a nonprofit organization based in Winchester, MA, classified under NTEE code N50. The organization reported total revenue of $231K and total assets of $530K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pi Kappa Alpha Fraternity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pi Kappa Alpha Fraternity is a small nonprofit that has been operating for 85 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $236K |
| Total Expenses | $140K |
| Surplus / Deficit | +$96K |
| Total Assets | $534K |
| Total Liabilities | $150K |
| Net Assets | $384K |
| Operating Margin | 40.6% |
| Debt-to-Asset Ratio | 28.1% |
| Months of Reserves | 45.7 months |
Financial Health Grade: A
In 2023, Pi Kappa Alpha Fraternity reported a surplus of $96K with revenue exceeding expenses, holds 45.7 months of operating reserves (strong position), has a debt-to-asset ratio of 28.1% (moderate leverage).
Financial Trends
Over 10 years of filings (2014–2023), Pi Kappa Alpha Fraternity's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.8% | +15.7% | +21.2% |
| 2022 | +2.4% | -16.2% | +22.2% |
| 2021 | +30.0% | -9.7% | +22.1% |
| 2020 | -21.4% | -5.2% | -5.3% |
| 2019 | +8.7% | +19.9% | +16.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1941 |
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 Kappa Alpha Fraternity with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Pi Kappa Alpha Fraternity allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $96K, with revenue exceeding expenses.
- Debt-to-asset ratio: 28.1%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not categorized as officer compensation, which is a positive for resource allocation.
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 Kappa Alpha Fraternity's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
Strengths
The following positive indicators were identified for Pi Kappa Alpha Fraternity:
- Consistent revenue growth over 10 years (from $176,020 in 2014 to $235,750 in 2023)
- Significant asset accumulation (more than doubled from $247,173 in 2014 to $533,911 in 2023)
- Consistent operating surplus (revenue generally exceeds expenses)
- No reported officer compensation across all filings
- Strong financial stability and increasing net assets
Frequently Asked Questions about Pi Kappa Alpha Fraternity
Is Pi Kappa Alpha Fraternity a legitimate charity?
Based on AI analysis of IRS 990 filings, Pi Kappa Alpha Fraternity (EIN: 20351827) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Pi Kappa Alpha Fraternity spend its money?
Pi Kappa Alpha Fraternity directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pi Kappa Alpha Fraternity tax-deductible?
Pi Kappa Alpha Fraternity is registered as a tax-exempt nonprofit (EIN: 20351827). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Pi Kappa Alpha Fraternity's spending goes to programs?
Pi Kappa Alpha Fraternity directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Pi Kappa Alpha Fraternity compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Pi Kappa Alpha Fraternity is above average for NTEE category N50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Pi Kappa Alpha Fraternity located?
Pi Kappa Alpha Fraternity is headquartered in Winchester, Massachusetts and files with the IRS under EIN 20351827. It is classified under NTEE code N50.
How many years of IRS 990 filings does Pi Kappa Alpha Fraternity have?
Pi Kappa Alpha Fraternity has 10 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 $231K in total revenue.
Is Pi Kappa Alpha Fraternity financially stable?
Yes, the fraternity demonstrates strong financial stability with consistent revenue growth from $176,020 in 2014 to $235,750 in 2023, and a significant increase in assets from $247,173 to $533,911 over the same period. They consistently operate with a surplus.
How much of Pi Kappa Alpha Fraternity's revenue goes to executive compensation?
Based on the provided IRS 990 data, Pi Kappa Alpha Fraternity reports 0% officer compensation for all ten years of filings, indicating no direct compensation to officers from the organization's funds.
What is the trend in Pi Kappa Alpha Fraternity's assets?
Pi Kappa Alpha Fraternity's assets have shown a strong upward trend, more than doubling from $247,173 in 2014 to $533,911 in 2023, indicating healthy financial growth and accumulation of resources.
Filing History
IRS 990 filing history for Pi Kappa Alpha Fraternity showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Pi Kappa Alpha Fraternity's revenue has grown by 33.9%, moving from $176K to $236K. Total assets increased by 116% over the same period, from $247K to $534K. Total functional expenses fell by 16.5%, from $168K to $140K. In its most recent filing year (2023), Pi Kappa Alpha Fraternity reported a surplus of $96K, with revenue exceeding expenses. The organization holds $150K in liabilities against $534K in assets (debt-to-asset ratio: 28.1%), resulting in net assets of $384K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $236K | $140K | $534K | $150K | — | View 990 |
| 2022 | $215K | $121K | $441K | $158K | — | View 990 |
| 2021 | $210K | $144K | $360K | $172K | — | — |
| 2020 | $161K | $160K | $295K | $172K | — | View 990 |
| 2019 | $205K | $169K | $312K | $190K | — | View 990 |
| 2018 | $189K | $141K | $267K | $182K | — | View 990 |
| 2017 | $67K | $154K | $221K | $184K | — | View 990 |
| 2016 | $169K | $135K | $314K | $190K | — | View 990 |
| 2015 | $178K | $139K | $287K | $197K | — | View 990 |
| 2014 | $176K | $168K | $247K | $196K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $236K, expenses of $140K, and assets of $534K (revenue +9.8% year-over-year).
- 2022: Revenue of $215K, expenses of $121K, and assets of $441K (revenue +2.4% year-over-year).
- 2021: Revenue of $210K, expenses of $144K, and assets of $360K (revenue +30.0% year-over-year).
- 2020: Revenue of $161K, expenses of $160K, and assets of $295K (revenue -21.4% year-over-year).
- 2019: Revenue of $205K, expenses of $169K, and assets of $312K (revenue +8.7% year-over-year).
- 2018: Revenue of $189K, expenses of $141K, and assets of $267K (revenue +183.2% year-over-year).
- 2017: Revenue of $67K, expenses of $154K, and assets of $221K (revenue -60.5% year-over-year).
- 2016: Revenue of $169K, expenses of $135K, and assets of $314K (revenue -4.9% year-over-year).
- 2015: Revenue of $178K, expenses of $139K, and assets of $287K (revenue +1.0% year-over-year).
- 2014: Revenue of $176K, expenses of $168K, and assets of $247K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pi Kappa Alpha Fraternity:
Data Sources and Methodology
This transparency report for Pi Kappa Alpha 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.