Phi Gamma Delta Fraternity EIN 63-0742491

Phi Gamma Delta Fraternity

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Phi Gamma Delta Fraternity is a member-serving organization based in Killen, AL. For fiscal year 2022 it reported $45K in revenue, $59K in expenses, and $536K in net assets.Pt I

Type
Mutual-benefit / member-serving · Nonprofit
Location
Killen, AL
Filings
3 on file (2020–2022)
Revenue
$45KFY2022
Expenses
$59K
Net assets
$536K
People
1
Filings
3
Updates
0
More identity details & actions ⌄
EIN  63-0742491 Mutual-benefit / member-serving Killen, AL
Form 990 (PDF)
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Size
<$100K
What they do
a member-serving organization
Leadership
William Rogers · Pres-Al
Money in and out
$45K revenue, $59K expenses
Bottom line
-32% surplus margin
Reported financial activity · FY2022
Total revenue
$45K
Pt VIII · Ln 12
Total expenses
$59K
Pt IX · Ln 25
Net assets
$536K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$14K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Surplus margin
-32%
revenue over expenses, this year▲ +13% vs prior filing year
Program spending
99%
of expenses reach programs-0.04% vs prior filing year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$45K
FY2022▼ -0.7%
Expenses
$59K
FY2022▼ -4%
Total assets
$782K
FY2022▼ -5%
Total liabilities
$246K
FY2022▼ -10%
Total revenue
$45K
Pt VIII · Ln 12
Total expenses
$59K
Pt IX · Ln 25
Net assets
$536K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$14K
Total assetsPt X · Ln 16$782K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 31
Independent voting membersPt I · Ln 41
Mission & Programs · Part III

Where the work happens

1 program service account for $59K of program spending, described in the organization's own filed words · FY2022.
01

A college fraternity that maintains a chapter house for active members who are students

$59Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPhi Gamma Delta Fraternity
EINHdr · item D63-0742491
Principal addressHdr · item CKillen, AL
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAL
Exempt statusHdr · item I501(c)(7) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFNov 1940

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a1
Independent voting membersPt VI · Ln 1b1
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$28K · 63%
Contributions & grants$16K · 37%
Program service revenue63%$28K
Contributions & grants37%$16K
Total revenueLn 12$45K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$59K
Management & general1%$500
Total functional expensesLn 25$59K

Balance Sheet

Part X · end of year
CashLn 1$15K
Total assetsLn 16$782K
Total liabilitiesLn 26$246K
Total net assetsLn 32$536K
Months of cash on handcomputed3.0

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $31K · Operating expenses/yr $59K
6.3 months
Where the money goes
Program services
Program services $59K · Total expenses $59K
99%
Management & General
Management & general $500 · Total expenses $59K
0.8%
Fundraising
Fundraising $0 · Total expenses $59K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $16K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $16K · Total revenue $45K
37%
Government reliance
Government grants — · Total revenue $45K
Earned-income share
Program service revenue $28K · Total revenue $45K
63%
Investment reliance
Investment income $0 · Total revenue $45K
0%
Program self-sufficiency
Program service revenue $28K · Total expenses $59K
48%
Growth & trend
Revenue growth (YoY)
This year $45K · Prior year $45K
-0.7%
Net-asset trend (YoY)
End of year $536K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $45K · Expenses $59K
-32%
Liabilities-to-Assets
Total liabilities — · Total assets $782K
Net-asset ratio
Net assets $536K · Total assets $782K
69%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $16K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $782K
2%
People & payroll
Highest Reported Total Compensation
Individual William Rogers · Reported title PRES-AL · Highest reported compensation $0 · Total expenses $59K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $59K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 0.8%
Fundraising cost ratio 0%
Revenue growth -0.7%
Accounting fee ratio 0.8%

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
FY2022 (Latest)$45K revenue · viewing · ⤓ 990 PDF
FY2021$45K revenue · ⤓ 990 PDF
FY2020$41K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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