Pi Kappa Alpha Fraternity is located in Lincoln, NE. 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 06/2024, Pi Kappa Alpha Fraternity generated $305.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $303.7k during the year ending 06/2024. While expenses have increased by 19.7% per year over the past 4 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
PI KAPPA ALPHA GAMMA BETA CHAPTER IS A LOCAL CHAPTER OF A NATIONAL COLLEGIATE FRATERNITY FOR THE PURPOSE OF INSTILLING HIGH CHARACTER QUALITIES WITH ITS MEMBERS AND PROMOTING PHILANTHROPIC EFFORTS IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PHILANTHROPY IN THE COMMUNITY ACCOMPLISHED BY TIME VOLUNTEERED BY ITS MEMBERS AT CAR WASHES, VOLLEYBALL TOURNAMENTS, BANQUETS AND FUNDRAISING EVENTS.
THE REMAINING 48,820 IS COMPRISED OF OUR OFFICE EXPENSES AND PAYMENTS MADE TO OUR AFFILIATE ORGANIZATIONS. WE PAY BI-ANNUAL ASSESSMENTS TO BOTH OUR NATIONAL FRATERNITY AND THE UNIVERSITY OF NEBRASKA - LINCOLN INTERFRATERNITY COUNCIL (IFC).
PROFESSIONAL DEVELOPMENT AND ADVANCEMENT OF THE FRATERNITY'S MEMBERS THROUGH ATTENDING THE FOUR LEADERSHIP SUMMITS AND EDUCATIONAL CONFERENCES PUT ON BY THE FRATERNITY'S NATIONAL ORGANIZATION DURING THE YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jonathan Patton Treasurer | Officer | $0 | |
Allan Muinov President | Officer | $0 | |
David Goldsmith External VP | Officer | $0 | |
Ethan Heinemann Sergeant-At | Officer | $0 | |
Zach Leinen Recruitment | Officer | $0 | |
Trevin Caverzagie Internal VP | Officer | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $193,000 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $112,579 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $305,579 |
Total Program Service Revenue | $0 |
Investment income | $2 |
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 | $305,581 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $41,876 |
Grants and other assistance to domestic individuals. | $12,418 |
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 | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $917 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $9,191 |
Interest | $0 |
Payments to affiliates | $47,903 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $303,724 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $78,160 |
Savings and temporary cash investments | $2,370 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $80,530 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $80,530 |
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 | $0 |
Total liabilities and net assets/fund balances | $80,530 |