Pi Kappa Phi Theta Epsilon Alumni Chapter Inc
Pi Kappa Phi Theta Epsilon Alumni Chapter Inc faces severe financial distress with declining revenue and substantial liabilities.
EIN: 113642443 · Andover, KS · NTEE: N50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5K |
| Total Expenses | $35K |
| Program Spending | 75% |
| Net Assets | $-196,561 |
| Transparency Score | 35/100 |
Is Pi Kappa Phi Theta Epsilon Alumni Chapter Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pi Kappa Phi Theta Epsilon Alumni Chapter Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pi Kappa Phi Theta Epsilon Alumni Chapter Inc
Pi Kappa Phi Theta Epsilon Alumni Chapter Inc (EIN: 113642443) is a nonprofit organization based in Andover, KS, classified under NTEE code N50. The organization reported total revenue of $5K and total assets of $4K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pi Kappa Phi Theta Epsilon Alumni Chapter Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pi Kappa Phi Theta Epsilon Alumni Chapter Inc is a micro nonprofit that has been operating for 22 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -36.6%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $35K |
| Surplus / Deficit | $-30,327 |
| Total Assets | $4K |
| Total Liabilities | $200K |
| Net Assets | $-196,561 |
| Operating Margin | -640.8% |
| Debt-to-Asset Ratio | 5582.9% |
| Months of Reserves | 1.2 months |
Financial Health Grade: D
In 2021, Pi Kappa Phi Theta Epsilon Alumni Chapter Inc reported a deficit of $30K with expenses exceeding revenue, holds 1.2 months of operating reserves (limited), has a debt-to-asset ratio of 5582.9% (high leverage).
Financial Trends
Over 11 years of filings (2011–2021), Pi Kappa Phi Theta Epsilon Alumni Chapter Inc's revenue has declined at a compound annual growth rate (CAGR) of -36.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -89.9% | -92.6% | -93.3% |
| 2020 | -92.1% | -8.7% | -89.4% |
| 2019 | +100.2% | +108.9% | +38.7% |
| 2018 | +10.6% | -17.5% | +31.6% |
| 2017 | -47.7% | -39.1% | +63.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Theta Epsilon Alumni Chapter Inc with a Mission Score of 35 out of 100 (Poor). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Pi Kappa Phi Theta Epsilon Alumni Chapter Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $30K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5582.9%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries were paid to officers, which is positive for transparency and resource allocation.
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 Theta Epsilon Alumni Chapter Inc's IRS 990 filings:
- Severe decline in revenue from $46,895 in 2020 to $4,733 in 2021.
- High liabilities ($200,146 in 2021) significantly exceeding assets ($3,585), indicating negative net assets.
- Consistent operating deficits in recent years, with expenses ($35,060 in 2021) far exceeding revenue ($4,733).
- Significant financial volatility over the past several years, making future financial health unpredictable.
Strengths
The following positive indicators were identified for Pi Kappa Phi Theta Epsilon Alumni Chapter Inc:
- Consistent reporting of 0% officer compensation, indicating no executive salaries were paid.
- History of substantial revenues in earlier periods (e.g., $591,595 in 2019), suggesting past capacity for fundraising or member engagement.
Frequently Asked Questions about Pi Kappa Phi Theta Epsilon Alumni Chapter Inc
Is Pi Kappa Phi Theta Epsilon Alumni Chapter Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Pi Kappa Phi Theta Epsilon Alumni Chapter Inc (EIN: 113642443) significant concerns. Mission Score: 35/100. 4 red flags identified, 2 strengths noted.
How does Pi Kappa Phi Theta Epsilon Alumni Chapter Inc spend its money?
Pi Kappa Phi Theta Epsilon Alumni Chapter Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pi Kappa Phi Theta Epsilon Alumni Chapter Inc tax-deductible?
Pi Kappa Phi Theta Epsilon Alumni Chapter Inc is registered as a tax-exempt nonprofit (EIN: 113642443). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Pi Kappa Phi Theta Epsilon Alumni Chapter Inc's spending goes to programs?
Pi Kappa Phi Theta Epsilon Alumni Chapter Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Pi Kappa Phi Theta Epsilon Alumni Chapter Inc compare to similar nonprofits?
With a transparency score of 35/100 (Poor), Pi Kappa Phi Theta Epsilon Alumni Chapter Inc is below average for NTEE category N50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Pi Kappa Phi Theta Epsilon Alumni Chapter Inc located?
Pi Kappa Phi Theta Epsilon Alumni Chapter Inc is headquartered in Andover, Kansas and files with the IRS under EIN 113642443. It is classified under NTEE code N50.
How many years of IRS 990 filings does Pi Kappa Phi Theta Epsilon Alumni Chapter Inc have?
Pi Kappa Phi Theta Epsilon Alumni Chapter Inc has 11 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 $5K in total revenue.
Is Pi Kappa Phi Theta Epsilon Alumni Chapter Inc a good charity?
Based on the financial data, the organization is experiencing significant financial challenges, with a sharp decline in revenue to $4,733 in 2021 and liabilities of $200,146 far exceeding assets of $3,585. While officer compensation is 0%, the overall financial health raises concerns about its operational capacity and long-term viability.
Why did revenue drop so sharply in 2021?
The filings show a dramatic decrease in revenue from $46,895 in 2020 to $4,733 in 2021. The IRS 990 data alone does not provide the specific reasons for this sharp decline, but it is a critical factor impacting the organization's financial stability.
What is the nature of the high liabilities?
The organization reported liabilities of $200,146 in 2021, significantly higher than its assets. The IRS 990 summary data does not detail the specific nature of these liabilities (e.g., loans, accounts payable), but their magnitude is a major financial concern.
Filing History
IRS 990 filing history for Pi Kappa Phi Theta Epsilon Alumni Chapter Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Pi Kappa Phi Theta Epsilon Alumni Chapter Inc's revenue has declined by 99%, moving from $453K to $5K. Total assets decreased by 93.3% over the same period, from $53K to $4K. Total functional expenses fell by 92.1%, from $443K to $35K. In its most recent filing year (2021), Pi Kappa Phi Theta Epsilon Alumni Chapter Inc reported a deficit of $30K, with expenses exceeding revenue. The organization holds $200K in liabilities against $4K in assets (debt-to-asset ratio: 5582.9%), resulting in net assets of $-196,561.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $5K | $35K | $4K | $200K | — | — |
| 2020 | $47K | $473K | $54K | $220K | — | View 990 |
| 2019 | $592K | $518K | $510K | $251K | — | — |
| 2018 | $295K | $248K | $368K | $183K | — | View 990 |
| 2017 | $267K | $301K | $279K | $142K | — | View 990 |
| 2016 | $511K | $494K | $171K | $0 | — | View 990 |
| 2015 | $549K | $489K | $154K | $0 | — | View 990 |
| 2014 | $520K | $514K | $94K | $447 | — | View 990 |
| 2013 | $528K | $506K | $91K | $3K | — | View 990 |
| 2012 | $520K | $488K | $70K | $3K | — | View 990 |
| 2011 | $453K | $443K | $53K | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $5K, expenses of $35K, and assets of $4K (revenue -89.9% year-over-year).
- 2020: Revenue of $47K, expenses of $473K, and assets of $54K (revenue -92.1% year-over-year).
- 2019: Revenue of $592K, expenses of $518K, and assets of $510K (revenue +100.2% year-over-year).
- 2018: Revenue of $295K, expenses of $248K, and assets of $368K (revenue +10.6% year-over-year).
- 2017: Revenue of $267K, expenses of $301K, and assets of $279K (revenue -47.7% year-over-year).
- 2016: Revenue of $511K, expenses of $494K, and assets of $171K (revenue -6.8% year-over-year).
- 2015: Revenue of $549K, expenses of $489K, and assets of $154K (revenue +5.6% year-over-year).
- 2014: Revenue of $520K, expenses of $514K, and assets of $94K (revenue -1.6% year-over-year).
- 2013: Revenue of $528K, expenses of $506K, and assets of $91K (revenue +1.5% year-over-year).
- 2012: Revenue of $520K, expenses of $488K, and assets of $70K (revenue +14.7% year-over-year).
- 2011: Revenue of $453K, expenses of $443K, and assets of $53K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pi Kappa Phi Theta Epsilon Alumni Chapter Inc:
Data Sources and Methodology
This transparency report for Pi Kappa Phi Theta Epsilon Alumni Chapter Inc 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.