philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Pi Kappa Phi Fraternity FY2020 filing

Not tax-deductible

Ithaca, NY501(c)(7)EIN 16-6077319Revenue $276K in FY2020

On file with the IRS55 Ridgewood Rd, 14850-2405 · Ithaca, NYTax-exempt since May 1941

This page gets seen. Tell your story. Claim this org.

The purpose of the entity is to operate the local chapter of Pi Kappa Phi Fraternity psi chapter at cornell university, a college social Fraternity. The mission of the organization is to promote the social, intellectual, and moral development of college and university men, both members and pledges of Pi Kappa Phi Fraternity. The organization spends resources to support the education of members, promote social functions, and support philanthropic causes in the community. The organization spends equal amounts of time on each mission IT supports. The activities are supported through member dues and donations.

Mission: Form 990 Part I, line 1

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 3
filings with a surplus
Average surplus $18K a year · 6% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Cash reserves
3 mo
of spending, in cash
Fine: 2.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$51K
32% of total assets
Looks good: liabilities are 32% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$276K
Spent
$261K
Net assets
$109K
By yearFY2020–FY2024
Revenue
$276K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$276K
FY2021$324K
FY2022$174K
FY2023$139K
FY2024$301K
Expenses
$261K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$261K
FY2021$290K
FY2022Not on file
FY2023Not on file
FY2024$297K
Net assets
$109K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$109K
FY2021$143K
FY2022$178K
FY2023$165K
FY2024$4K

From the FY2020 Form 990 (year ending June 2020) · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1941.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Rohan Sasso
President
$0Pt VII · Sec A
Brady Barnett
Vice President
$0Pt VII · Sec A
Ryan Ho
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
See Pi Kappa Phi Fraternity executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Develops college men socially, intellectually, and morally through fraternity activities and community support.

Provided by the organization

Know this organization? Claim it to add your story

1 program · in their own filed words · FY2019
01

To provide room, board and fellowship to members of college fraternity

Pt IX · col B

By the numbers

The FY2020 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$276K
Ln 12
Fees for servicesLn 2g$276K
Money outPt IX
$261K
Ln 25
Owns and owesPt X
$109K
net assets · Ln 32
Cash and savingsLn 1–2$58K
Total assetsLn 16$161K
LiabilitiesLn 26$51K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$276K
Total revenueLn 12$276K
Assets in detailPt X, end of year
CashLn 1$30K
SavingsLn 2$28K
Cash and savings togetherLn 1–2$58K
Land, buildings, equipmentLn 10c$4K
Other assetsLn 15$37K
Total assetsLn 16$161K
LiabilitiesLn 26$51K
Net assetsLn 32$109K
OperationsPt I, VI
EmployeesI 50
VolunteersI 64
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$80K$58K
Land, buildings, equipmentLn 10c$5K$4K
Total assetsLn 16$146K$161K
LiabilitiesLn 26$51K$51K
Net assetsLn 32$94K$109K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$10K
Other fees for servicesLn 11g$3K
Information technologyLn 14$190
OccupancyLn 16$30K
Conferences, conventions and meetingsLn 19$235
Depreciation, depletion and amortizationLn 22$845
InsuranceLn 23$1K
Other expenses (24a–d)Ln 24$205K
All other expensesLn 24e$11K
Total functional expensesLn 25$261K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $301K$297K$4K$4K 990 PDF
FY2023 $139K$165K 990 PDF
FY2022 $174K$178K 990 PDF
FY2021 $324K$290K$34K$143K 990 PDF
FY2020 Viewing $276K$261K$15K$109K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $276,200 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $276,075$276,200
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $276,075$276,200
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $276,496$261,154
I-18 Total expensesPrior year $276,496$261,154
I-19 Revenue less expensesPrior year −$421$15,046
Part VI · Governance 4 of 4 board members independent, 3 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $276,200 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $276,200$276,200
VIII-12 Total revenueRelated to mission $276,200 · Unrelated business $0 · Excluded from tax $0$276,200
Part IX · Statement of functional expenses $261,154 across 9 lines filed
IX-11c Accounting fees$9,718
IX-11g Other fees for services$3,070
IX-14 Information technology$190
IX-16 Occupancy$29,975
IX-19 Conferences, conventions and meetings$235
IX-22 Depreciation, depletion and amortization$845
IX-23 Insurance$1,104
IX-24 Other expenses (24a–d)$205,402
IX-24e All other expenses$10,615
IX-25 Total functional expenses$261,154
Part X · Balance sheet $160,624 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $52,514$29,922
X-2 Savings and temporary cash investmentsStart of year $27,676$27,676
X-4 Accounts receivableStart of year $35,192$47,245
X-9 Prepaid expenses and deferred chargesStart of year $11,400$14,973
X-10c Land, buildings and equipment, netStart of year $4,783$3,938
X-15 Other assetsStart of year $13,986$36,870
X-16 Total assetsStart of year $145,551$160,624
X-17 Accounts payable and accrued expensesStart of year $1,464$3,833
X-25 Other liabilitiesStart of year $49,842$47,500
X-26 Total liabilitiesStart of year $51,306$51,333
X-32 Total net assets or fund balancesStart of year $94,245$109,291
X-33 Total liabilities and net assetsStart of year $145,551$160,624
Part XI · Reconciliation of net assets $109,291 net assets at year end
XI-1 Total revenue$276,200
XI-2 Total expenses$261,154
XI-3 Revenue less expenses$15,046
XI-4 Net assets at start of year$94,245
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$109,291

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.