The Endowment Fund Of The Phi Kappa Psi Fraternity
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,422,864 | 5,044,234 | −1,621,370 | 38.5 | 24% |
| 2021 | 5,253,152 | 5,320,092 | −66,940 | 40.7 | 23% |
| 2022 | 9,239,646 | 6,103,120 | 3,136,526 | 34.2 | 21% |
| 2023 | 61,569,718 | 5,160,954 | 56,408,764 | 177.6 | 25% |
In its most recent public year (2023), this organization brought in $56,408,764 more than it spent. Its reserves stood at about 177.6 months of spending, up from 38.5 in 2020. Staff pay was 25% of spending. $36,603,668 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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