Phi Eta Kappa is located in Orono, ME. The organization was established in 2010. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Phi Eta Kappa is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 08/2023, Phi Eta Kappa generated $107.8k in total revenue. All expenses for the organization totaled $87.7k during the year ending 08/2023. While expenses have increased by 56.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATIONS EXEMPT PURPOSE ACHIEVEMENTS PROVIDED A SUPPORTIVE ENVIRONMENT FOR STUDENTS TO LEARN. THE ORGANIZATION ALSO HOSTED SEVERAL EVENTS IN SUPPORT OF THE UNIVERSITY OF MAINE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gabriel Martin President | 1 | $0 | |
Connor Albertson Vice President | 1 | $0 | |
Nick Mcgovern Treasurer | 1 | $0 | |
Alexander Grover Secretary | 1 | $0 | |
Ryan Crockett House Manager | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $107,753 |
Membership dues | $0 |
Investment income | $23 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $107,776 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $2,080 |
Occupancy, rent, utilities, and maintenance | $820 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $84,805 |
Total expenses | $87,705 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $85,692 |
Other assets | $0 |
Total assets | $158,250 |
Total liabilities | $124,153 |
Net assets or fund balances | $34,097 |