Phi Kappa Psi Fraternity Alabama Alpha Chapter
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 1,442,558 | 1,356,845 | 85,713 | 7.3 | 9% |
| 2023 | 1,710,085 | 1,629,330 | 80,755 | 6.7 | 9% |
In its most recent public year (2023), this organization brought in $80,755 more than it spent. Its reserves stood at about 6.7 months of spending. Staff pay was 9% 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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