Pi Kappa Alpha Fraternity
- Assets
- $976.5k
- Revenue
- $278.6k
- Investments
- $0.0
- Employees
- 0
- Location
- State College, PA
- Founding
- 03/1941
- Data as of
- 06/2022
- EIN
- 23-6413875
Organization Overview
Pi Kappa Alpha Fraternity is located in State College, PA. 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 Alpha Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2022, Pi Kappa Alpha Fraternity generated $278.6k 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 (7.3%) each year. All expenses for the organization totaled $315.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
BROTHERHOOD, SCHOLARSHIP,LEADERSHIP
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FRATERNITY HOUSE FOR MEMBERS OF PI KAPPA ALPHA FRATERNITY, BETA ALPHA CHAPTER
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Becker President | OfficerTrustee | 5 | $0 |
Charles George Philanthrophy | OfficerTrustee | 0.5 | $0 |
Brian Fritz Treasurer | OfficerTrustee | 1 | $0 |
Brett Jeffries Events Coordinator | OfficerTrustee | 0.5 | $0 |
Keith Minarik Housing Corp. | OfficerTrustee | 0.5 | $0 |
Mark Prybutok Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $277,952 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $277,952 |
| Total Program Service Revenue | $600 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $278,552 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $161,942 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,887 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $5,625 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,139 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $29,249 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $47,129 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $315,141 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $155,479 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,080 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $810,963 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $976,522 |
| Accounts payable and accrued expenses | $1,017 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $501,059 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $23,513 |
| Total liabilities | $525,589 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $450,933 |
| Total liabilities and net assets/fund balances | $976,522 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tuscarora Intermediate Unit Capital Insurance Trust Pleasant Gap, PA | $4,120,321 | $22,419,678 |
Weachieve Inc Silver Spring, MD | $15,012,410 | $16,647,397 |
Beta Theta Pi Fraternity Oxford, OH | $3,680,117 | $8,942,106 |
Beta Theta Pi Fraternity Oxford, OH | $10,733,585 | $6,268,729 |
Delta Gamma Foundation Columbus, OH | $43,080,592 | $13,458,880 |
Phi Sigma Sigma National Housing Corporation Eldersburg, MD | $5,105,404 | $4,513,250 |
Phi Delta Theta Foundation Oxford, OH | $39,955,120 | $4,831,339 |
Delta Zeta Foundation Oxford, OH | $16,389,397 | $3,220,126 |
Delta Phi Epsilon Sorority Inc Philadelphia, PA | $2,908,015 | $2,233,543 |
Beta Psi House Corporation Of Delta Gamma Fraternity Columbus, OH | $8,243,959 | $1,563,984 |
Alpha Psi House Corporation Of Delta Gamma Fraternity Inc Columbus, OH | $10,685,120 | $1,625,378 |
Delta Gamma House Corp Columbus, OH | $9,588,322 | $1,372,665 |