Pi Kappa Alpha Fraternity EIN 48-0374610 Form 990 (PDF) Claim this org

Pi Kappa Alpha Fraternity

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Offers housing for undergraduate students at Kansas State University. For fiscal year 2025 it reported $915K in revenue, $929K in expenses, and $201K in net assets.Pt I

Type
Mutual-benefit / member-serving · Nonprofit
Location
Manhattan, KS
Website
www.alphaomega.pikes.org
Filings
4 on file (2021–2025)
Revenue
$915KFY2025
Expenses
$929K
Net assets
$201K
People
2
Filings
4
Updates
0
More identity details & actions ⌄
EIN  48-0374610 Mutual-benefit / member-serving Manhattan, KS
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers housing for undergraduate students at Kansas State University.
Leadership
Colton Wallace · President
Money in and out
$915K revenue, $929K expenses
Bottom line
-1% surplus margin
Reported financial activity · FY2025
Total revenue
$915K
Pt VIII · Ln 12
Total expenses
$929K
Pt IX · Ln 25
Net assets
$201K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$14K
Where spending went · Part IX cols B–D
Program services $0.54 Management & general $0.46
Surplus margin
-1%
revenue over expenses, this year▼ -107% vs prior filing year
Program spending
54%
of expenses reach programs▲ +9% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$915K
FY2025▼ -10%
Expenses
$929K
FY2025▲ +15%
Total assets
$201K
FY2025▼ -6%
Total liabilities
$0
FY2025
Total revenue
$915K
Pt VIII · Ln 12
Total expenses
$929K
Pt IX · Ln 25
Net assets
$201K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$14K
Total assetsPt X · Ln 16$201K
Program-expense ratioPt IX · col B54%
Voting members of governing bodyPt I · Ln 3139
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPi Kappa Alpha Fraternity
EINHdr · item D48-0374610
Principal addressHdr · item CManhattan, KS
WebsiteHdr · item Jwww.alphaomega.pikes.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MKS
Exempt statusHdr · item I501(c)(7) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFMar 1941

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a139
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $499K of program spending, described in the organization's own filed words · FY2024.
01

Various community service projects which no expenses were incurred as members donated their time.

$499Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue100%$915K
Total revenueLn 12$915K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.54 Management & general $0.46
Program services54%$499K
Management & general46%$430K
Total functional expensesLn 25$929K

Balance Sheet

Part X · end of year
CashLn 1$201K
Total assetsLn 16$201K
Total liabilitiesLn 26$0
Total net assetsLn 32$201K
Months of cash on handcomputed2.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $201K · Operating expenses/yr $929K
2.6 months
Where the money goes
Program services
Program services $499K · Total expenses $929K
54%
Management & General
Management & general $430K · Total expenses $929K
46%
Fundraising
Fundraising $0 · Total expenses $929K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $915K
0%
Government reliance
Government grants — · Total revenue $915K
Earned-income share
Program service revenue $915K · Total revenue $915K
100%
Investment reliance
Investment income $0 · Total revenue $915K
0%
Program self-sufficiency
Program service revenue $915K · Total expenses $929K
99%
Growth & trend
Revenue growth (YoY)
This year $915K · Prior year $1.0M
-10%
Revenue CAGR
FY2020 $136K · FY2024 $915K
+61%
Net-asset trend (YoY)
End of year $201K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $915K · Expenses $929K
-1%
Liabilities-to-Assets
Total liabilities — · Total assets $201K
Net-asset ratio
Net assets $201K · Total assets $201K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $201K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Colton Wallace · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $929K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $929K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 54%
Overhead ratio 46%
Revenue growth -10%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$915K revenue · viewing · ⤓ 990 PDF
FY2024$1.0M revenue · ⤓ 990 PDF
FY2023not on file
FY2022$150K revenue · ⤓ 990 PDF
FY2021$136K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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