Pi Kappa Phi Fraternity is located in Ithaca, NY. The organization was established in 1941. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Pi Kappa Phi Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2023, Pi Kappa Phi Fraternity generated $139.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $152.4k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (7.5%) per year over the past 7 years. 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
TO PROVIDE ROOM, BOARD AND FELLOWSHIP TO MEMBERS OF COLLEGE FRATERNITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jonathan Reiss President | 1 | $0 | |
Daniel Fabrizio Vice President | 1 | $0 | |
Phil Guernsey Ackerman Treasurer | 1 | $0 | |
Nick Nolan Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $139,405 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $139,405 |
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 | $9,970 |
Occupancy, rent, utilities, and maintenance | $37,966 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $104,451 |
Total expenses | $152,387 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $69,214 |
Other assets | $0 |
Total assets | $218,038 |
Total liabilities | $53,443 |
Net assets or fund balances | $164,595 |