Pi Kappa Phi Fraternity
Pi Kappa Phi Fraternity reports positive net income and no officer compensation in its latest filing.
EIN: 202631487 · Reno, NV · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $125K |
| Total Expenses | $105K |
| Program Spending | 70% |
| Net Assets | $9K |
| Transparency Score | 75/100 |
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 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Pi Kappa Phi Fraternity
Pi Kappa Phi Fraternity (EIN: 202631487) is a nonprofit organization based in Reno, NV. The organization reported total revenue of $125K and total assets of $18K 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $111K |
| Total Expenses | $105K |
| Surplus / Deficit | +$7K |
| Total Assets | $9K |
| Net Assets | $9K |
| Operating Margin | 6.0% |
| Months of Reserves | 1.0 months |
Financial Health Grade: A
In 2024, Pi Kappa Phi Fraternity reported a surplus of $7K with revenue exceeding expenses, holds 1.0 months of operating reserves (limited).
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 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Pi Kappa Phi Fraternity allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reported 0% officer compensation in its 202406 filing, indicating that no compensation was paid to officers, which is notable for an organization of 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:
- Limited financial history (only one filing available) makes trend analysis difficult.
- Lack of detailed expense breakdown prevents precise assessment of program vs. overhead spending.
Strengths
The following positive indicators were identified for Pi Kappa Phi Fraternity:
- Positive net income in the latest filing ($111,126 revenue vs. $104,503 expenses).
- Reported 0% officer compensation in the latest filing, indicating efficient executive pay practices.
- No reported liabilities in the latest filing, suggesting good financial management.
Frequently Asked Questions about Pi Kappa Phi Fraternity
Is Pi Kappa Phi Fraternity a legitimate charity?
Pi Kappa Phi Fraternity (EIN: 202631487) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 75/100. Total revenue: $125K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Pi Kappa Phi Fraternity spend its money?
Pi Kappa Phi Fraternity directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Pi Kappa Phi Fraternity tax-deductible?
Pi Kappa Phi Fraternity is registered as a tax-exempt nonprofit (EIN: 202631487). 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 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Pi Kappa Phi Fraternity located?
Pi Kappa Phi Fraternity is headquartered in Reno, Nevada and files with the IRS under EIN 202631487.
What are the specific program activities funded by Pi Kappa Phi Fraternity?
The available IRS 990 data does not detail specific program activities, making it difficult to assess the direct impact of its spending.
How does Pi Kappa Phi Fraternity manage its administrative and fundraising costs?
Without a detailed breakdown of expenses beyond total expenses, it's challenging to precisely determine the allocation to administrative and fundraising activities. However, the overall expenses of $104,503 against revenue of $111,126 suggest a relatively efficient operation.
What is the long-term financial strategy given the limited asset base?
With assets of $17,606, the organization has a modest financial cushion. The single filing does not provide enough information to infer a long-term financial strategy.
Filing History
IRS 990 filing history for Pi Kappa Phi Fraternity showing financial trends over 1 year of public records:
In its most recent filing year (2024), Pi Kappa Phi Fraternity reported a surplus of $7K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $111K | $105K | $9K | $0 | — | — |
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.