Pi Kappa Phi Fraternity
Pi Kappa Phi Fraternity maintains stable finances with growing assets and no reported liabilities or officer compensation.
EIN: 113657056 · Iowa City, IA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $258K |
| Total Expenses | $224K |
| Program Spending | 80% |
| Net Assets | $38K |
| Transparency Score | 85/100 |
Is Pi Kappa 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 Kappa Phi Fraternity directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pi Kappa Phi Fraternity
Pi Kappa Phi Fraternity (EIN: 113657056) is a nonprofit organization based in Iowa City, IA. The organization reported total revenue of $258K and total assets of $38K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pi Kappa Phi Fraternity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pi Kappa Phi Fraternity is a small nonprofit that has been operating for 85 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 10.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $258K |
| Total Expenses | $224K |
| Surplus / Deficit | +$35K |
| Total Assets | $38K |
| Net Assets | $38K |
| Operating Margin | 13.4% |
| Months of Reserves | 2.0 months |
Financial Health Grade: A
In 2024, Pi Kappa Phi Fraternity reported a surplus of $35K with revenue exceeding expenses, holds 2.0 months of operating reserves (limited).
Financial Trends
Over 10 years of filings (2012–2024), Pi Kappa Phi Fraternity's revenue has grown at a compound annual growth rate (CAGR) of 10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +23.6% | +6.4% | +1222.8% |
| 2023 | -18.4% | -17.3% | -28.8% |
| 2022 | +133.5% | +145.9% | -87.9% |
| 2018 | +23.3% | +6.8% | +24.4% |
| 2017 | -30.2% | -17.2% | -22.7% |
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 Phi 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Pi Kappa 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $35K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through non-officer roles, which is a positive sign for resource allocation relative to its size.
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 Phi Fraternity's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data
- NTEE code is unknown, limiting direct comparison to peer organizations
Strengths
The following positive indicators were identified for Pi Kappa Phi Fraternity:
- Consistent positive net assets and zero liabilities across multiple years
- No reported officer compensation, indicating efficient use of funds for operations
- Consistent filing of IRS Form 990s, demonstrating transparency
- Revenue growth over the past decade, from $81,881 in 2012 to $258,374 in 2024
- Positive financial surplus in the latest reporting period (202406: Revenue $258,374 vs. Expenses $223,660)
Frequently Asked Questions about Pi Kappa Phi Fraternity
Is Pi Kappa Phi Fraternity a legitimate charity?
Based on AI analysis of IRS 990 filings, Pi Kappa Phi Fraternity (EIN: 113657056) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Pi Kappa Phi Fraternity spend its money?
Pi Kappa Phi Fraternity directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pi Kappa Phi Fraternity tax-deductible?
Pi Kappa Phi Fraternity is registered as a tax-exempt nonprofit (EIN: 113657056). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Pi Kappa Phi Fraternity's spending goes to programs?
Pi Kappa Phi Fraternity directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Pi Kappa Phi Fraternity located?
Pi Kappa Phi Fraternity is headquartered in Iowa City, Iowa and files with the IRS under EIN 113657056.
How many years of IRS 990 filings does Pi Kappa Phi Fraternity have?
Pi Kappa Phi 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 $258K in total revenue.
What are the specific programs Pi Kappa Phi Fraternity funds?
The provided IRS 990 data does not detail specific program activities or their associated costs, making it difficult to assess the direct impact of the organization's spending on its mission.
How does Pi Kappa Phi Fraternity manage to have 0% officer compensation?
The filings consistently show 0% officer compensation, which could mean that officers are volunteers, or their compensation is reported under other expense categories not specifically identified as 'officer compensation' on the 990-EZ form.
What caused the significant increase in assets from $2,839 in 2023 to $37,553 in 2024?
The IRS 990 data indicates a substantial increase in assets, but the specific reasons for this growth (e.g., new investments, accumulated surplus, property acquisition) are not detailed in the summary provided.
Filing History
IRS 990 filing history for Pi Kappa Phi Fraternity showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Pi Kappa Phi Fraternity's revenue has grown by 215.5%, moving from $82K to $258K. Total assets increased by 119.8% over the same period, from $17K to $38K. Total functional expenses rose by 212.9%, from $71K to $224K. In its most recent filing year (2024), Pi Kappa Phi Fraternity reported a surplus of $35K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $258K | $224K | $38K | $0 | — | — |
| 2023 | $209K | $210K | $3K | $0 | — | View 990 |
| 2022 | $256K | $254K | $4K | $0 | — | View 990 |
| 2018 | $110K | $103K | $33K | $0 | — | — |
| 2017 | $89K | $97K | $26K | $0 | — | View 990 |
| 2016 | $127K | $117K | $34K | $0 | — | View 990 |
| 2015 | $123K | $116K | $24K | $0 | — | View 990 |
| 2014 | $106K | $103K | $17K | $0 | — | View 990 |
| 2013 | $92K | $95K | $13K | $460 | — | View 990 |
| 2012 | $82K | $71K | $17K | $460 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $258K, expenses of $224K, and assets of $38K (revenue +23.6% year-over-year).
- 2023: Revenue of $209K, expenses of $210K, and assets of $3K (revenue -18.4% year-over-year).
- 2022: Revenue of $256K, expenses of $254K, and assets of $4K (revenue +133.5% year-over-year).
- 2018: Revenue of $110K, expenses of $103K, and assets of $33K (revenue +23.3% year-over-year).
- 2017: Revenue of $89K, expenses of $97K, and assets of $26K (revenue -30.2% year-over-year).
- 2016: Revenue of $127K, expenses of $117K, and assets of $34K (revenue +3.4% year-over-year).
- 2015: Revenue of $123K, expenses of $116K, and assets of $24K (revenue +16.2% year-over-year).
- 2014: Revenue of $106K, expenses of $103K, and assets of $17K (revenue +15.4% year-over-year).
- 2013: Revenue of $92K, expenses of $95K, and assets of $13K (revenue +12.3% year-over-year).
- 2012: Revenue of $82K, expenses of $71K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pi Kappa Phi Fraternity:
Data Sources and Methodology
This transparency report for Pi Kappa 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.