Phi Kappa Tau Fraternity
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 76,877 | 79,570 | −2,693 | 1.9 | — |
| 2020 | 37,008 | 38,685 | −1,677 | 3.3 | — |
| 2022 | 86,495 | 86,881 | −386 | 1.3 | — |
| 2023 | 93,321 | 92,889 | 432 | 1.3 | — |
In its most recent public year (2023), this organization brought in $432 more than it spent. Its reserves stood at about 1.3 months 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
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