Phi Alpha Educational Foundation is located in Lawrence, KS. The organization was established in 1995. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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 Alpha Educational Foundation 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 12/2022, Phi Alpha Educational Foundation generated $101.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 25.6% each year . All expenses for the organization totaled $152.1k during the year ending 12/2022. While expenses have increased by 27.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
SUPPORT SIGMA ALPHA EPSILON FRATERNITY OPERATIONS AND AWARD SCHOLARSHIPS TO FRATERNITY MEMBERS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allyn Risley President | 0 | $0 | |
Rich Littrell Vice President | 0 | $0 | |
David Gage Treasurer | 0 | $0 | |
Larence Ferree III Secretary | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $99,373 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,062 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $101,435 |
| 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 | $550 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,598 |
| Total expenses | $152,148 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $154,617 |
| Other assets | $0 |
| Total assets | $154,617 |
| Total liabilities | $0 |
| Net assets or fund balances | $154,617 |