Professional Fraternity Association Inc is located in Indianapolis, IN. The organization was established in 1996. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Professional Fraternity Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Professional Fraternity Association Inc generated $68.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $73.8k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
PROFESSIONAL FRATERNITY ASSOCIATION, INC. HELD ITS ANNUAL CONVENTION VIRTUALLY PROVIDING TRAINING AND EDUCATION TO OVER 38 FRATERNAL MEMBERS AND 40 ASSOCIATE MEMBERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Martin-Boyd President | 1 | $0 | |
Steve Hartman Vice-President | 1 | $0 | |
Jeremy Levine Treasurer | 1 | $0 | |
Gary Ammons Director | 1 | $0 | |
Netti Fulton Associate Liaison | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $60,471 |
| Membership dues | $8,124 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $68,595 |
| 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 | $24,408 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $49,425 |
| Total expenses | $73,833 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $102,040 |
| Other assets | $0 |
| Total assets | $103,821 |
| Total liabilities | $0 |
| Net assets or fund balances | $103,821 |