IRS revoked this organization's tax-exempt status on June 15, 2011

Phi Kappa Theta Fraternity FY2024 filing

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EIN 58-6074021 Mutual-benefit / member-serving Athens, GA NTEE Y42
Form 990 (PDF)

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Revenue & expenses by yearFY2023–FY2025
Revenue
$253K
FY2024-0.4%
Expenses
$259K
FY2024▲ +3%

Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).


Develops brotherhood through social, philanthropic, and intellectual activities. For fiscal year 2024 it reported $253K in revenue, $259K in expenses, and $85K in net assets.Pt I

Founded
1963
Type
Mutual-benefit / member-serving · Mutual/Membership
Location
Athens, GA
Website
ugaphikaps.org
Filings
3 on file (2023–2024)
Revenue
$253KFY2024
Expenses
$259K
Net assets
$85K
People
9
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Size
$100K–1M
What they do
Develops brotherhood through social, philanthropic, and intellectual activities.
Leadership
Samuel Timberlake · President
Money in and out
$253K revenue, $259K expenses
Bottom line
-3% surplus margin

What Funders Ask

6 questions, answered from this org's own filings

Will my donation be tax-deductible?

CRITICAL

No — IRS exemption revoked

The IRS auto-revocation list shows this EIN's tax-exempt status revoked, so a contribution would not qualify as a deductible charitable gift. See detail →

Can I donate to this org right now?

CRITICAL

No — exemption revoked (2011-06-15)

This EIN appears on the IRS auto-revocation list with no later reinstatement on file. See detail →

Is this organization up to date?

GOOD

Yes — filed FY2025

Most recent Form 990 on file is for fiscal year 2025 (1 year ago). See detail →

Is it receiving grants from reputable foundations?

NEUTRAL

No foundation grants on file

No Schedule I/Schedule R grants from other foundations are on file for this EIN. See detail →

How is the money spent?

GOOD

77% to programs

77% of total functional expenses went to program services in the most recent filing (Form 990 Part IX); the rest is overhead and fundraising. See detail →

What's its financial size and trend?

NEUTRAL

$100K–1M · → -0.4% vs prior year

Revenue band $100K–1M, -0.4% versus the prior filing year (flat). See detail →

Reported financial activity · FY2024
Total revenue
$253K
Pt VIII · Ln 12
Total expenses
$259K
Pt IX · Ln 25
Net assets
$85K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$7K
Where spending went · Part IX cols B–D
Program services $0.77 Management & general $0.23
Surplus margin
-3%
revenue over expenses, this year
Program spending
77%
of expenses reach programs

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Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$85K
FY2024▼ -11%
Total liabilities
$0
FY2024▼ -100%
Revenue less expensesPt I · Ln 19−$7K
Total assetsPt X · Ln 16$85K
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CPhi Kappa Theta Fraternity
EINHdr · item D58-6074021
Principal addressHdr · item CAthens, GA
WebsiteHdr · item Jugaphikaps.org
Year of formationHdr · item L1963
State of legal domicileHdr · item MGA
Exempt statusHdr · item IRevoked
NTEE classificationIRS BMFMutual/Membership (Y42)
Ruling yearIRS BMFAug 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President of Finance
$0Pt VII · Sec A
Vice President of Intellectual Development
$0Pt VII · Sec A
Vice President of Social Development
$0Pt VII · Sec A
Vice President of Recruitment
$0Pt VII · Sec A
Vice President of Leadership Development
$0Pt VII · Sec A
Vice President of External Development
$0Pt VII · Sec A
Vice President of House Development
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $159K of program spending, described in the organization's own filed words · FY2024.
01

Social events hosted and/or sponsored by the fraternity for the benefit of fraternity members.

$118Kprogram expense
02

Improvements to the house where brothers live and events are hosted.

$28Kprogram expense
03

Recruitment of new members for the fraternity.

$13Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$245K · 97%
Other revenue$8K · 3%
Contributions & grants97%$245K
Other revenue3%$8K
Total revenueLn 12$253K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77 Management & general $0.23
Program services77%$199K
Management & general23%$60K
Total functional expensesLn 25$259K

Balance Sheet

Part X · end of year
CashLn 1$85K
Total assetsLn 16$85K
Total liabilitiesLn 26$0
Total net assetsLn 32$85K
Months of cash on handcomputed3.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $85K · Operating expenses/yr $259K
3.9 months
Where the money goes
Program services
Program services $199K · Total expenses $259K
77%
Management & General
Management & general $60K · Total expenses $259K
23%
Fundraising
Fundraising $0 · Total expenses $259K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $237K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $245K · Total revenue $253K
97%
Government reliance
Government grants $0 · Total revenue $253K
0%
Earned-income share
Program service revenue $0 · Total revenue $253K
0%
Investment reliance
Investment income $0 · Total revenue $253K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $259K
0%
Growth & trend
Revenue growth (YoY)
This year $253K · Prior year $254K
-0.4%
Net-asset trend (YoY)
End of year $85K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $253K · Expenses $259K
-3%
Liabilities-to-Assets
Total liabilities — · Total assets $85K
—
Net-asset ratio
Net assets $85K · Total assets $85K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $85K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Samuel Timberlake · Reported title President · Highest reported compensation $0 · Total expenses $259K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $259K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 77%——
Overhead ratio 23%——
Fundraising cost ratio 0%——
Revenue growth -0.4%——

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)$272K revenue · ⤓ 990 PDF
FY2024$253K revenue · viewing · ⤓ 990 PDF
FY2023$254K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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