Phi Kappa Psi Fraternity
- Assets
- $8.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lafayette, LA
- Founding
- 01/1971
- Data as of
- 12/2021
- EIN
- 46-2463740
Organization Overview
Phi Kappa Psi Fraternity is located in Lafayette, LA. The organization was established in 1971. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Phi Kappa Psi Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Phi Kappa Psi Fraternity generated $60.1k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $67.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Cordes Treasurer | 4 | $0 | |
Dyland Clark Vice President | 3 | $0 | |
Jacob Degruy President | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,419 |
| Total Program Service Revenue | $0 |
| Membership dues | $55,729 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1 |
| Total Revenue | $60,149 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $5,533 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,542 |
| Occupancy, rent, utilities, and maintenance | $40,835 |
| Printing, publications, postage, and shipping | $619 |
| Other expenses | $18,812 |
| Total expenses | $67,341 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,004 |
| Other assets | $0 |
| Total assets | $8,004 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,004 |
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