Phi Kappa Tau Fraternity is located in Troy, ID. 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. Phi Kappa Tau 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 Tau Fraternity generated $169.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $183.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.0%) 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
2021
Describe the Organization's Program Activity:
Part 3
FRATERNAL CHAPTER. THE ORGANIZATION PROVIDED FOR HOUSING AND RELATED EXPENSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Phillip Collaer President | 0.5 | $0 | |
James Phalin Treasurer | 1 | $0 | |
Keven Prather Secretary | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $169,539 |
Investment income | $1 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $169,540 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $122,270 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $61,174 |
Total expenses | $183,444 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $103,218 |
Other assets | $0 |
Total assets | $150,849 |
Total liabilities | $190,687 |
Net assets or fund balances | -$39,838 |
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Alpha Gamma Delta Fraternity Seattle, WA | $319,187 | $750,834 |
Alpha Gamma Delta Fraternity Pullman, WA | $460,974 | $722,907 |