Pi Kappa Alpha Fraternity
EIN: 741120034 · Austin, TX
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.3M |
| Net Assets | $-35,096 |
Is Pi Kappa Alpha Fraternity Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pi Kappa Alpha Fraternity
Pi Kappa Alpha Fraternity (EIN: 741120034) is a nonprofit organization based in Austin, TX. The organization reported total revenue of $1.2M and total assets of $153K 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 mid-size nonprofit that has been operating for 85 years, with 12 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-56,193 |
| Total Assets | $144K |
| Total Liabilities | $179K |
| Net Assets | $-35,096 |
| Operating Margin | -4.5% |
| Debt-to-Asset Ratio | 124.4% |
| Months of Reserves | 1.3 months |
Financial Health Grade: D
In 2024, Pi Kappa Alpha Fraternity reported a deficit of $56K with expenses exceeding revenue, holds 1.3 months of operating reserves (limited), has a debt-to-asset ratio of 124.4% (high leverage).
Financial Trends
Over 12 years of filings (2011–2024), Pi Kappa Alpha Fraternity's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +0.9% | +2.6% | -29.5% |
| 2023 | +18.4% | +25.5% | -3.5% |
| 2022 | +44.7% | +40.2% | +74.3% |
| 2019 | -7.4% | -12.0% | -28.2% |
| 2018 | -4.6% | +0.2% | -8.6% |
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 Analysis Pending
AI enrichment for Pi Kappa Alpha Fraternity 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 Pi Kappa Alpha Fraternity 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $56K, with expenses exceeding revenue.
- Debt-to-asset ratio: 124.4%.
Frequently Asked Questions about Pi Kappa Alpha Fraternity
Is Pi Kappa Alpha Fraternity a legitimate charity?
Pi Kappa Alpha Fraternity (EIN: 741120034) is a registered tax-exempt nonprofit based in Texas. It has 12 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. Financial health grade: D.
How does Pi Kappa Alpha Fraternity spend its money?
Pi Kappa Alpha Fraternity reported $1.2M in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Pi Kappa Alpha Fraternity tax-deductible?
Pi Kappa Alpha Fraternity is registered as a tax-exempt nonprofit (EIN: 741120034). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pi Kappa Alpha Fraternity located?
Pi Kappa Alpha Fraternity is headquartered in Austin, Texas and files with the IRS under EIN 741120034.
How many years of IRS 990 filings does Pi Kappa Alpha Fraternity have?
Pi Kappa Alpha Fraternity has 12 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Pi Kappa Alpha Fraternity showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2024), Pi Kappa Alpha Fraternity's revenue has grown by 104.2%, moving from $612K to $1.2M. Total assets decreased by 7.5% over the same period, from $156K to $144K. Total functional expenses rose by 101.7%, from $647K to $1.3M. In its most recent filing year (2024), Pi Kappa Alpha Fraternity reported a deficit of $56K, with expenses exceeding revenue. The organization holds $179K in liabilities against $144K in assets (debt-to-asset ratio: 124.4%), resulting in net assets of $-35,096.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.2M | $1.3M | $144K | $179K | — | View 990 |
| 2023 | $1.2M | $1.3M | $204K | $184K | — | — |
| 2022 | $1.0M | $1.0M | $212K | $158K | — | View 990 |
| 2019 | $723K | $723K | $121K | $157K | — | View 990 |
| 2018 | $780K | $821K | $169K | $204K | — | View 990 |
| 2017 | $817K | $820K | $185K | $179K | — | View 990 |
| 2016 | $801K | $835K | $199K | $195K | — | View 990 |
| 2015 | $884K | $836K | $250K | $212K | — | View 990 |
| 2014 | $762K | $774K | $216K | $226K | — | View 990 |
| 2013 | $739K | $797K | $196K | $194K | — | View 990 |
| 2012 | $750K | $677K | $226K | $166K | — | View 990 |
| 2011 | $612K | $647K | $156K | $159K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.2M, expenses of $1.3M, and assets of $144K (revenue +0.9% year-over-year).
- 2023: Revenue of $1.2M, expenses of $1.3M, and assets of $204K (revenue +18.4% year-over-year).
- 2022: Revenue of $1.0M, expenses of $1.0M, and assets of $212K (revenue +44.7% year-over-year).
- 2019: Revenue of $723K, expenses of $723K, and assets of $121K (revenue -7.4% year-over-year).
- 2018: Revenue of $780K, expenses of $821K, and assets of $169K (revenue -4.6% year-over-year).
- 2017: Revenue of $817K, expenses of $820K, and assets of $185K (revenue +2.1% year-over-year).
- 2016: Revenue of $801K, expenses of $835K, and assets of $199K (revenue -9.4% year-over-year).
- 2015: Revenue of $884K, expenses of $836K, and assets of $250K (revenue +16.1% year-over-year).
- 2014: Revenue of $762K, expenses of $774K, and assets of $216K (revenue +3.0% year-over-year).
- 2013: Revenue of $739K, expenses of $797K, and assets of $196K (revenue -1.5% year-over-year).
- 2012: Revenue of $750K, expenses of $677K, and assets of $226K (revenue +22.7% year-over-year).
- 2011: Revenue of $612K, expenses of $647K, and assets of $156K.
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.