Phi Kappa Psi Fraternity
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 55,815 | 77,074 | −21,259 | 0.5 | 0% |
| 2020 | 42,805 | 40,290 | 2,515 | 1.6 | 0% |
| 2021 | 88,374 | 77,953 | 10,421 | 2.4 | 0% |
| 2022 | 104,454 | 120,338 | −15,884 | -0.0 | 0% |
| 2023 | 114,212 | 118,854 | −4,642 | -0.5 | 0% |
In its most recent public year (2023), this organization spent $4,642 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.5 months). 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
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