Pi Kappa Alpha Fraternity
Pi Kappa Alpha Fraternity maintains stable operations with fluctuating but generally positive net assets and no reported officer compensation.
EIN: 205838810 · Minneapolis, MN · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $249K |
| Total Expenses | $70K |
| Program Spending | 85% |
| Net Assets | $21K |
| Transparency Score | 75/100 |
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 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pi Kappa Alpha Fraternity
Pi Kappa Alpha Fraternity (EIN: 205838810) is a nonprofit organization based in Minneapolis, MN. The organization reported total revenue of $249K and total assets of $15K 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 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -5.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $91K |
| Total Expenses | $70K |
| Surplus / Deficit | +$21K |
| Total Assets | $21K |
| Net Assets | $21K |
| Operating Margin | 23.0% |
| Months of Reserves | 3.6 months |
Financial Health Grade: A
In 2024, Pi Kappa Alpha Fraternity reported a surplus of $21K with revenue exceeding expenses, holds 3.6 months of operating reserves (adequate).
Financial Trends
Over 14 years of filings (2011–2024), Pi Kappa Alpha Fraternity's revenue has declined at a compound annual growth rate (CAGR) of -5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -64.3% | -71.5% | +105.3% |
| 2023 | -7.9% | -13.4% | +321.4% |
| 2022 | +11.8% | +16.3% | -76.7% |
| 2021 | -20.0% | -23.3% | -17.3% |
| 2020 | +2.2% | +0.0% | -42.9% |
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 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Pi Kappa Alpha Fraternity allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $21K, with revenue exceeding expenses.
Executive Compensation Analysis
No officer compensation has been reported across all 14 available IRS 990 filings, indicating that executive leadership may be volunteer-based or compensated through mechanisms not categorized as officer compensation, which is a positive for resource allocation given the organization's modest revenue and asset base.
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:
- Fluctuating asset base, indicating limited long-term reserves (e.g., $2,415 in 202206 vs. $20,889 in 202406).
- Occasional periods of expenses exceeding revenue (e.g., 202206: Expenses $284,446 > Revenue $276,756).
Strengths
The following positive indicators were identified for Pi Kappa Alpha Fraternity:
- Consistent filing of IRS Form 990s, demonstrating transparency.
- No reported officer compensation, suggesting efficient use of funds for mission.
- Zero reported liabilities across all filings, indicating strong debt management.
- Generally positive net income or near break-even operations over many years (e.g., 202406: Revenue $91,018, Expenses $70,129).
Frequently Asked Questions about Pi Kappa Alpha Fraternity
Is Pi Kappa Alpha Fraternity a legitimate charity?
Pi Kappa Alpha Fraternity (EIN: 205838810) is a registered tax-exempt nonprofit based in Minnesota. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $249K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Pi Kappa Alpha Fraternity spend its money?
Pi Kappa Alpha Fraternity directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Pi Kappa Alpha Fraternity tax-deductible?
Pi Kappa Alpha Fraternity is registered as a tax-exempt nonprofit (EIN: 205838810). 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 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Pi Kappa Alpha Fraternity located?
Pi Kappa Alpha Fraternity is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 205838810.
How many years of IRS 990 filings does Pi Kappa Alpha Fraternity have?
Pi Kappa Alpha Fraternity has 14 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 $249K in total revenue.
Is Pi Kappa Alpha Fraternity financially stable?
Yes, the organization appears financially stable, consistently managing revenues and expenses. While assets fluctuate (e.g., $20,889 in 202406, $2,415 in 202206), there are no reported liabilities, indicating a healthy balance sheet.
How does Pi Kappa Alpha Fraternity manage executive compensation?
The organization reports 0% officer compensation across all available filings, suggesting that executive roles are either volunteer-based or compensated through other means not classified as officer compensation on the 990.
What is the trend in the organization's assets?
Assets have fluctuated over time, from a high of $37,993 in 201806 to a low of $2,415 in 202206, and most recently at $20,889 in 202406. This indicates varying levels of financial reserves.
Does the organization carry any debt?
No, the organization consistently reports $0 in liabilities across all 14 available IRS 990 filings, indicating it operates without debt.
Filing History
IRS 990 filing history for Pi Kappa Alpha Fraternity showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Pi Kappa Alpha Fraternity's revenue has declined by 52.2%, moving from $190K to $91K. Total assets increased by 11.9% over the same period, from $19K to $21K. Total functional expenses fell by 61.4%, from $182K to $70K. In its most recent filing year (2024), Pi Kappa Alpha Fraternity reported a surplus of $21K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $91K | $70K | $21K | $0 | — | — |
| 2023 | $255K | $246K | $10K | $0 | — | View 990 |
| 2022 | $277K | $284K | $2K | $0 | — | View 990 |
| 2021 | $247K | $245K | $10K | $0 | — | — |
| 2020 | $309K | $319K | $13K | $0 | — | — |
| 2019 | $303K | $319K | $22K | $0 | — | View 990 |
| 2018 | $328K | $300K | $38K | $0 | — | View 990 |
| 2017 | $284K | $287K | $10K | $0 | — | View 990 |
| 2016 | $325K | $317K | $13K | $0 | — | View 990 |
| 2015 | $294K | $295K | $6K | $0 | — | View 990 |
| 2014 | $252K | $252K | $7K | $0 | — | View 990 |
| 2013 | $256K | $263K | $7K | $0 | — | View 990 |
| 2012 | $231K | $236K | $14K | $0 | — | View 990 |
| 2011 | $190K | $182K | $19K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $91K, expenses of $70K, and assets of $21K (revenue -64.3% year-over-year).
- 2023: Revenue of $255K, expenses of $246K, and assets of $10K (revenue -7.9% year-over-year).
- 2022: Revenue of $277K, expenses of $284K, and assets of $2K (revenue +11.8% year-over-year).
- 2021: Revenue of $247K, expenses of $245K, and assets of $10K (revenue -20.0% year-over-year).
- 2020: Revenue of $309K, expenses of $319K, and assets of $13K (revenue +2.2% year-over-year).
- 2019: Revenue of $303K, expenses of $319K, and assets of $22K (revenue -7.6% year-over-year).
- 2018: Revenue of $328K, expenses of $300K, and assets of $38K (revenue +15.3% year-over-year).
- 2017: Revenue of $284K, expenses of $287K, and assets of $10K (revenue -12.5% year-over-year).
- 2016: Revenue of $325K, expenses of $317K, and assets of $13K (revenue +10.4% year-over-year).
- 2015: Revenue of $294K, expenses of $295K, and assets of $6K (revenue +16.5% year-over-year).
- 2014: Revenue of $252K, expenses of $252K, and assets of $7K (revenue -1.3% year-over-year).
- 2013: Revenue of $256K, expenses of $263K, and assets of $7K (revenue +10.7% year-over-year).
- 2012: Revenue of $231K, expenses of $236K, and assets of $14K (revenue +21.3% year-over-year).
- 2011: Revenue of $190K, expenses of $182K, and assets of $19K.
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.