Pi Kappa Alpha Fraternity Kappa Iota
EIN: 262009474 · Narragansett, RI
| Metric | Value |
|---|---|
| Total Expenses | $66K |
| Net Assets | $1K |
Is Pi Kappa Alpha Fraternity Kappa Iota 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 Kappa Iota
Pi Kappa Alpha Fraternity Kappa Iota (EIN: 262009474) is a nonprofit organization based in Narragansett, RI. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pi Kappa Alpha Fraternity Kappa Iota's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pi Kappa Alpha Fraternity Kappa Iota is a micro nonprofit, with 4 years of IRS 990 filings on record (2012–2016). Revenue has grown at a compound annual rate of 5.4%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $66K |
| Total Expenses | $66K |
| Surplus / Deficit | $-18 |
| Total Assets | $1K |
| Net Assets | $1K |
| Operating Margin | -0.0% |
| Months of Reserves | 0.2 months |
Financial Health Grade: C
In 2016, Pi Kappa Alpha Fraternity Kappa Iota reported a deficit of $18 with expenses exceeding revenue, holds 0.2 months of operating reserves (limited).
Financial Trends
Over 4 years of filings (2012–2016), Pi Kappa Alpha Fraternity Kappa Iota's revenue has grown at a compound annual growth rate (CAGR) of 5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +36.7% | +39.7% | -46.0% |
| 2014 | +0.0% | -17.5% | -51.8% |
| 2013 | -9.7% | -6.7% | +91.5% |
AI Analysis Pending
AI enrichment for Pi Kappa Alpha Fraternity Kappa Iota 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 Kappa Iota 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18, with expenses exceeding revenue.
Frequently Asked Questions about Pi Kappa Alpha Fraternity Kappa Iota
Is Pi Kappa Alpha Fraternity Kappa Iota a legitimate charity?
Pi Kappa Alpha Fraternity Kappa Iota (EIN: 262009474) is a registered tax-exempt nonprofit based in Rhode Island. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Pi Kappa Alpha Fraternity Kappa Iota spend its money?
Pi Kappa Alpha Fraternity Kappa Iota reported its financials in IRS 990 filings. 4 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 Kappa Iota tax-deductible?
Pi Kappa Alpha Fraternity Kappa Iota is registered as a tax-exempt nonprofit (EIN: 262009474). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pi Kappa Alpha Fraternity Kappa Iota located?
Pi Kappa Alpha Fraternity Kappa Iota is headquartered in Narragansett, Rhode Island and files with the IRS under EIN 262009474.
How many years of IRS 990 filings does Pi Kappa Alpha Fraternity Kappa Iota have?
Pi Kappa Alpha Fraternity Kappa Iota has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Pi Kappa Alpha Fraternity Kappa Iota showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2012–2016), Pi Kappa Alpha Fraternity Kappa Iota's revenue has grown by 23.4%, moving from $54K to $66K. Total assets decreased by 50.2% over the same period, from $2K to $1K. Total functional expenses rose by 7.6%, from $61K to $66K. In its most recent filing year (2016), Pi Kappa Alpha Fraternity Kappa Iota reported a deficit of $18, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $66K | $66K | $1K | $0 | — | — |
| 2014 | $48K | $47K | $2K | $0 | — | View 990 |
| 2013 | $48K | $57K | $4K | $0 | — | View 990 |
| 2012 | $54K | $61K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $66K, expenses of $66K, and assets of $1K (revenue +36.7% year-over-year).
- 2014: Revenue of $48K, expenses of $47K, and assets of $2K (revenue +0.0% year-over-year).
- 2013: Revenue of $48K, expenses of $57K, and assets of $4K (revenue -9.7% year-over-year).
- 2012: Revenue of $54K, expenses of $61K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pi Kappa Alpha Fraternity Kappa Iota:
Data Sources and Methodology
This transparency report for Pi Kappa Alpha Fraternity Kappa Iota 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.