What the amendment changed
Compared with the return it replaced , filed 13 May 2024. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
- Total revenue
- $2,809,807 changed to $2,809,805
- Investment income
- $1,275,111 changed to $1,275,109
- Total assets, end of year
- $16,551,671 changed to $16,551,673
- Total liabilities, end of year
- $441,559 changed to $441,563
- Net assets or fund balances, end of year
- $16,110,112 changed to $16,110,110
Totals
- Total revenue
- $2,809,805
- Total expenses
- $1,750,924
- Contributions and grants received
- $1,528,696
- Grants paid
- $278,492
- Program service revenue
- $0
- Investment income
- $1,275,109
- Other revenue
- $6,000
- Total assets, end of year
- $16,551,673
- Total liabilities, end of year
- $441,563
- Net assets or fund balances, end of year
- $16,110,110
- Program services expenses (Part IX)
- $424,923
- Management and general expenses
- $464,699
- Fundraising expenses
- $861,302
- Program service expenses (Part III)
- $424,923
Program services were 24.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,528,696
-
1g · Noncash contributions included above
$5,970
-
3 · Investment income
total $486,496 · excluded $486,496
-
7a · Gross sales of assets other than inventory
securities $788,613
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $788,613
-
7d · Net gain or loss
total $788,613 · excluded $788,613
-
11a · Other revenue: COST SHARING REIMBURSEMENT
total $6,000 · related or exempt $6,000
-
11e · Other revenue, total
$6,000
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $242,602 · program services $242,602
-
2 · Grants to domestic individuals
total $35,890 · program services $35,890
-
5 · Compensation of officers, directors and key employees
total $158,104 · program services $35,775 · management and general $72,558 · fundraising $49,771
-
7 · Other salaries and wages
total $184,661 · program services $41,785 · management and general $84,745 · fundraising $58,131
-
8 · Pension plan contributions
total $8,895 · program services $2,013 · management and general $4,082 · fundraising $2,800
-
9 · Other employee benefits
total $20,300 · program services $4,594 · management and general $9,315 · fundraising $6,391
-
10 · Payroll taxes
total $26,556 · program services $6,009 · management and general $12,187 · fundraising $8,360
-
11b · Fees: legal
total $9,022 · management and general $9,022
-
11c · Fees: accounting
total $46,080 · management and general $46,080
-
11e · Fees: professional fundraising services
total $20,908 · fundraising $20,908
-
11f · Fees: investment management
total $56,194 · management and general $56,194
-
11g · Fees: other
total $58,314 · program services $5,950 · management and general $39,587 · fundraising $12,777
-
14 · Information technology
total $17,186 · management and general $11,574 · fundraising $5,612
-
16 · Occupancy
total $29,020 · program services $6,566 · management and general $13,318 · fundraising $9,136
-
17 · Travel
total $10,388 · program services $871 · management and general $8,945 · fundraising $572
-
19 · Conferences, conventions and meetings
total $16,447 · program services $16,447
-
22 · Depreciation, depletion and amortization
total $47,888 · management and general $47,888
-
23 · Insurance
total $8,721 · management and general $2,925 · fundraising $5,796
-
24a · Other expenses: BAD DEBT EXPENSE
total $647,939 · fundraising $647,939
-
24b · Other expenses: MISCELLANEOUS EXPENSE
total $44,349 · management and general $36,375 · fundraising $7,974
-
24c · Other expenses: PRINTING & PRODUCTION
total $22,260 · program services $8,251 · management and general $1,909 · fundraising $12,100
-
24d · Other expenses: POSTAGE & SHIPPING
total $17,914 · program services $5,279 · management and general $3,630 · fundraising $9,005
-
24e · All other expenses
total $21,286 · program services $12,891 · management and general $4,365 · fundraising $4,030
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $1,174,232 · end of year $1,259,762
-
3 · Pledges and grants receivable
beginning of year $822,233 · end of year $537,206
-
9 · Prepaid expenses and deferred charges
beginning of year $15,345 · end of year $13,352
-
10a · Land, buildings and equipment: cost or other basis
$1,963,930
-
10b · Land, buildings and equipment: accumulated depreciation
$1,267,123
-
10c · Land, buildings and equipment, net
beginning of year $662,690 · end of year $696,807
-
11 · Investments: publicly traded securities
beginning of year $8,462,124 · end of year $8,870,789
-
15 · Other assets
beginning of year $4,820,683 · end of year $5,173,757
-
17 · Accounts payable and accrued expenses
beginning of year $68,313 · end of year $28,041
-
21 · Escrow or custodial account liability
beginning of year $78,542 · end of year $89,581
-
25 · Other liabilities
beginning of year $630,052 · end of year $323,941
-
27 · Net assets without donor restrictions
beginning of year $5,234,439 · end of year $5,190,201
-
28 · Net assets with donor restrictions
beginning of year $9,945,961 · end of year $10,919,909
Mission and programs · 2022
Mission
TO SUPPORT THE EDUCATIONAL UNDERTAKINGS OF PHI KAPPA TAU FRATERNITY AND ITS CHAPTERS.
Activities or mission (Part I)
TO SUPPORT THE EDUCATIONAL UNDERTAKING OF THE PHI KAPPA TAU FRATERNITY AND ITS CHAPTERS.
-
FRATERNITY EDUCATIONAL SUPPORT - PROVIDES SUPPORT FOR VARIOUS EDUCATIONAL PROGRAMS OF THE FRATERNITY.
-
SCHOLARSHIPS - PROVIDES FUNDS FOR SCHOLARSHIPS AND FINANCIAL ASSISTANCE TO PHI KAPPA TAU UNDERGRADUATES AND ALUMNI.
Expenses $396,923 · Grants $250,492
-
GRANTS TO CAMPS SERVING CHILDREN WITH CANCER AND OTHER LIFE-THREATENING ILLNESSES INCLUDING TRAVEL REIMBURSEMENT OF MEMBERS WHO VOLUNTEER AT ONE OF THE CAMPS.
Expenses $28,000 · Grants $28,000
-
GRANT TO SPONSOR IMPROVEMENTS TO LOCAL HOSPITAL AND DONATION OF PAINTING TO
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jeffrey HilpertsJEFFREY HILPERTS
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 10
-
Doug AdamsDOUG ADAMS
VICE-CHAIRMAN
- Total calculated
- $0
- Hours/week
- 5
-
Robert ReeseROBERT REESE
TREASURER
- Total calculated
- $0
- Hours/week
- 10
-
John SayersJOHN SAYERS
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
Jack AlvenusJACK ALVENUS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Jim BaconJIM BACON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Michael BichimerMICHAEL BICHIMER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Tim CollinsTIM COLLINS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Ray CoxRAY COX
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Bill FisherBILL FISHER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Wesley FugateWESLEY FUGATE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Adam GoetzADAM GOETZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Dale HollandDALE HOLLAND
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Stephen MartinoSTEPHEN MARTINO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Barry MaskBARRY MASK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Warren MattoxWARREN MATTOX
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Richard MichaelRICHARD MICHAEL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Richard MurrayRICHARD MURRAY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
David RuckmanDAVID RUCKMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Cliff UngerCLIFF UNGER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Travis RobinsonTRAVIS ROBINSON
INTERIM EXEUCTIVE DIRECTOR
- Total calculated
- $125,512
- From this org
- $101,273
- From related orgs
- $8,806
- Other
- $15,433
- Hours/week
- 60
-
K Craig RogersK CRAIG ROGERS
EXECUTIVE DIRECTOR
- Total calculated
- $20,522
- From this org
- $18,333
- From related orgs
- $0
- Other
- $2,189
- Hours/week
- 60
-
W Timothy HudsonW TIMOTHY HUDSON
CHIEF EXECUTIVE
- Total calculated
- $49,752
- From this org
- $19,250
- From related orgs
- $28,875
- Other
- $1,627
- Hours/week
- 60 + 20 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
PHI KAPPA TAU FRATERNITY - AFFILIATED CHAPTER'S
$213,352
EDUCATIONAL
-
SERIOUSFUN CHILDREN'S NETWORK
$28,000
EDUCATIONAL
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
FRATERNITY · OH
Directly controlled by PHI KAPPA TAU PROPERTIES INC
-
PHI KAPPA TAU PROPERTIES
TITLE HOLD · OH
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 August 2024
- IRS schema version
- 2022v5.0
- Source object
- 202432349349301003
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