Operating record

Chi Phi Fraternity Inc

N Providence, RI · EIN 05-0423705 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2019$38,029$55,344−$17,315275.60%
2020$4,491$12,436−$7,9451218.70%
2021$1,325$4,135−$2,8103657.10%
2022$28,750$22$28,728703040.70%
2023$68,123$1,207,927−$1,139,8041.50%

In its most recent public year (2023), this organization spent $1,139,804 more than it brought in. Its reserves stood at about 1.5 months of spending, down from 275.6 in 2019. Staff pay was 0% of spending.

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 ↗