Phi Kappa Psi Fraternity is located in College Park, MD. The organization was established in 1971. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Phi Kappa Psi Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending undefined, Phi Kappa Psi Fraternity generated $67.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $65.0k during the year ending undefined. While expenses have increased by 1.8% per year over the past 4 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
Describe the Organization's Program Activity:
Part 3
PROVIDED MEALS, HOUSING, AND SOCIAL PROGRAMS FOR LOCAL SOCIAL FRATERNITY MEMBERS- TOTAL OF 48 MEMBERS FOR THE YEAR.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brandon Knorr Treasurer | 0 | $0 | |
Brent Jones President | 0 | $0 | |
Haydn Lang Vice Preside | 0 | $0 | |
Mark Mcclure Correspondin | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $67,308 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $67,308 |
| Statement of Expenses | |
|---|---|
| Total expenses | $65,049 |
| Balance Sheet | |
|---|---|
| Total assets | $3,887 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,887 |