Phi Kappa Tau Fraternity
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 172,725 | 211,113 | −38,388 | -3.5 | — |
| 2016 | 134,280 | 157,938 | −23,658 | -6.4 | — |
| 2017 | 180,192 | 175,895 | 4,297 | -5.5 | — |
| 2018 | 169,064 | 160,673 | 8,391 | -5.4 | — |
| 2019 | 197,443 | 171,141 | 26,302 | -3.2 | — |
| 2020 | 146,132 | 126,413 | 19,719 | -2.5 | — |
| 2021 | 169,540 | 183,444 | −13,904 | -2.6 | — |
| 2022 | 223,382 | 202,908 | 20,474 | -1.1 | 0% |
| 2023 | 231,788 | 244,838 | −13,050 | -1.6 | 0% |
In its most recent public year (2023), this organization spent $13,050 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.6 months), up from -3.5 in 2015. 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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