Pi Kappa Phi Fraternity is located in Seattle, WA. 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 08/2023, Pi Kappa Phi Fraternity generated $601.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $648.7k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FURNISHED LIVING FACILITIES, MEALS AND SOCIAL ACTIVITIES FOR COLLEGE STUDENT MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FURNISHED LIVING FACILITIES, MEALS AND SOCIAL ACTIVITIES FOR COLLEGE STUDENT MEMBERS OF THE FRATERNITY.
PROVIDE FURNISHED LIVING FACILITIES, MEALS AND SOCIAL ACTIVITIES SPECIFICALLY FOR " SUMMER GIRLS" UNREALTED TO FRATERNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jake Mueller Treasurer | Officer | 8 | $1,925 |
Matthew Gustafson President | Officer | 20 | $5,740 |
Connor Mahoney President | Officer | 8 | $1,262 |
Dane Tsue Vice Preside | Officer | 5 | $756 |
Ashton Granger Vice Preside | Officer | 12 | $3,067 |
Henry Huchington Former Treas | Officer | 8 | $1,264 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
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 | $0 |
Total Program Service Revenue | $601,111 |
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 | $601,113 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $400 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $173 |
Compensation of current officers, directors, key employees. | $23,613 |
Compensation of current officers, directors, key employees. | $23,613 |
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 | $18,323 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $81,766 |
Advertising and promotion | $9,414 |
Office expenses | $8,571 |
Information technology | $590 |
Royalties | $0 |
Occupancy | $260,409 |
Travel | $37,355 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $10,153 |
Interest | $0 |
Payments to affiliates | $6,068 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | -$2,668 |
Total functional expenses | $648,697 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $27,668 |
Savings and temporary cash investments | $0 |
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 | $27,668 |
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 | -$4,776 |
Net assets with donor restrictions | $32,444 |
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 | $27,668 |