Phi Delta Kappa Fraternity FY2023 filing

Danville, IN501(c)(7)EIN 35-1066121

Social fraternity

Mission: Form 990 Part I, line 1

Before you give

FY2023 · 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
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
5 of 5
filings with a surplus
Average surplus $25K a year · 18% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
8 mo
of spending, in cash
Looks good: 8.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$169K
70% of total assets
Worth a look: liabilities are 70% of assets; over 65%.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$145K
+24% vs prior year
Spent
$140K
To programs
0%
Net assets
$74K
By yearFY2020–FY2024
Revenue
$145K
FY2023▲ +24%
Revenue by fiscal year
FY2020$133K
FY2021$99K
FY2022$117K
FY2023$145K
FY2024$201K
Expenses
$140K
FY2023▲ +38%
Expenses by fiscal year
FY2020$96K
FY2021$96K
FY2022$102K
FY2023$140K
FY2024$138K
Net assets
$74K
FY2023▼ -23%
Net assets by fiscal year
FY2020$86K
FY2021$111K
FY2022$96K
FY2023$74K
FY2024$84K

From the FY2023 Form 990 · see the original

You’re viewing the FY2023 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 Aug 1990.

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

Where the money goes

What each dollar paid for.

Management & general 100% · $140K

Form 990 Part IX, line 25. Every line is in By the numbers.

Who runs it and what they're paid

16 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Inner Guard
$0Pt VII · Sec A
Outer Guard
$0Pt VII · Sec A
See Phi Delta Kappa Fraternity executive salaries →

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

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Phi Delta Kappa Fraternity is a member-serving organization based in Danville, IN.

Provided by the organization

This section is blank until Phi Delta Kappa Fraternity claims this page.

Know this organization? Claim it to add your story

1 program service, described in the organization's own filed words · FY2023.
01

Capital improvements and scholarships

Pt IX · col B

Run this program? Claim this org to tell your story

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$145K
Ln 12
Other incomeLn 4–11$74K
Fees for servicesLn 2g$41K
Gifts and grantsLn 1h$30K
Money outPt IX
$140K
Ln 25
Managementcol C$140K
Owns and owesPt X
$74K
net assets · Ln 32
Cash and savingsLn 1–2$98K
Total assetsLn 16$243K
LiabilitiesLn 26$169K
PeoplePt VI, VII
16
listed · VII A
PaidVII A0
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$30K
Fees for servicesLn 2g$41K
Investment incomeLn 3$302
Other incomeLn 4–11$74K
Total revenueLn 12$145K
Assets in detailPt X, end of year
CashLn 1$11K
SavingsLn 2$87K
Cash and savings togetherLn 1–2$98K
Land, buildings, equipmentLn 10c$134K
Total assetsLn 16$243K
LiabilitiesLn 26$169K
Net assetsLn 32$74K
OperationsPt I, VI
EmployeesI 52
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$109K$98K
Land, buildings, equipmentLn 10c$138K$134K
Total assetsLn 16$267K$243K
LiabilitiesLn 26$170K$169K
Net assetsLn 32$96K$74K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$40K$40K
Payroll taxesLn 10$3K$3K
Accounting feesLn 11c$430$430
Office expensesLn 13$28K$28K
OccupancyLn 16$37K$37K
InterestLn 20$6K$6K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$23K$23K
Total functional expensesLn 25$140K$0$140K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $201K$138K$63K$84K 990 PDF
FY2023 Viewing $145K$140K$5K$74K 990 PDF
FY2022 $117K$102K$15K$96K 990 PDF
FY2021 $99K$96K$3K$111K 990 PDF
FY2020 $133K$96K$37K$86K 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 FY2023 990 (4 parts)
Part VIII · Statement of revenue $144,972 across 7 lines filed
Lines not itemized here account for $63,908 of total revenue; see the IRS return.
VIII-1b Membership dues$26,902
VIII-1f All other contributions, gifts and grants$3,022
VIII-1h Total contributions, gifts and grants$29,924
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $40,654$40,654
VIII-3 Investment income$302
VIII-6 Net rental income or loss$10,184
VIII-12 Total revenueRelated to mission $40,654 · Unrelated business $0 · Excluded from tax $0$144,972
Part IX · Statement of functional expenses $139,894 across 8 lines filed
IX-7 Other salaries and wagesManagement $40,344$40,344
IX-10 Payroll taxesManagement $3,265$3,265
IX-11c Accounting feesManagement $430$430
IX-13 Office expensesManagement $28,388$28,388
IX-16 OccupancyManagement $36,598$36,598
IX-20 InterestManagement $5,814$5,814
IX-23 InsuranceManagement $2,524$2,524
IX-24 Other expenses (24a–d)Management $22,531$22,531
IX-25 Total functional expensesPrograms $0 · Management $139,894 · Fundraising $0$139,894
Part X · Balance sheet $243,109 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $25,674$11,006
X-2 Savings and temporary cash investmentsStart of year $82,893$86,891
X-4 Accounts receivableStart of year $19,920$11,023
X-10c Land, buildings and equipment, netStart of year $138,030$134,189
X-16 Total assetsStart of year $266,517$243,109
X-26 Total liabilitiesStart of year $170,361$169,047
X-27 Net assets without donor restrictionsStart of year $0$0
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $96,156$74,062
X-33 Total liabilities and net assetsStart of year $266,517$243,109
Part XI · Reconciliation of net assets $74,062 net assets at year end
XI-1 Total revenue$144,972
XI-2 Total expenses$139,894
XI-3 Revenue less expenses$5,078
XI-4 Net assets at start of year$96,156
XI-10 Net assets at end of year$74,062

Form 990 e-file (XML) FY2023 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.