Phi Gamma Pi Fraternity is located in Shutesbury, MA. The organization was established in 2010. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Phi Gamma Pi Fraternity is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2024, Phi Gamma Pi Fraternity generated $2.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.5%) each year. All expenses for the organization totaled $160.3k during the year ending 05/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATION TO NORTHEASTERN UNIVERSITY FOR VETERAN ENTREPRENEURIALTRAINING AND RESOURCE NETWORK
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bill Fontaine President | 1 | $0 | |
Fred Lora Vice President | 1 | $0 | |
David Trasher Secretary | 1 | $0 | |
James Walton Treasurer | 1 | $0 | |
Steve Woolbert Director | 1 | $0 | |
Eddie Moussouris Director | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $2,039 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $2,039 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $8,129 |
Total operating and administrative expenses | $10,254 |
Contributions, gifts, grants paid | $150,000 |
Total expenses and disbursements | $160,254 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $92,293 |
Savings and temporary cash investments | $11,538 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $103,831 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Phi Gamma Pi Fraternity has awarded $115,455 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
NORTHEASTERN UNIVERSITY PURPOSE: DONATION TO NORTHEASTERN UNIVERSITY FOR VETERAN ENTREPRENEURIAL TRAINING AND RESOURCE NETWORK. | $110,455 |
NORTHEASTERN UNIVERSITY PURPOSE: DONATION TO NORTHEASTERN UNIVERSITY FOR RUN TO HOME BASE PROGRAM FOR VETERANS. | $5,000 |