Iota Of Phi Kappa Alumni Assn
- Assets
- $334.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Corning, KS
- Founding
- 12/1934
- Data as of
- 12/2023
- EIN
- 48-6117109
Organization Overview
Iota Of Phi Kappa Alumni Assn is located in Corning, KS. The organization was established in 1934. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, 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. Iota Of Phi Kappa Alumni Assn is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 12/2023, Iota Of Phi Kappa Alumni Assn generated $40.4k 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 (3.4%) each year. All expenses for the organization totaled $74.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Troub President | 0 | $0 | |
Mark Portell Secretary | 0 | $0 | |
Steven Joseph Kramer Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,365 |
| Total Program Service Revenue | $19,890 |
| Membership dues | $0 |
| Investment income | $101 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $40,356 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $74,336 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $74,336 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,167 |
| Other assets | $0 |
| Total assets | $334,167 |
| Total liabilities | $403,301 |
| Net assets or fund balances | -$69,134 |