Phi Alpha National Honor Society

Nonprofit profile at a glance

EIN
770705326
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Johnson City, TN, USA
Phone
4234397467
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$304,837
Expenses
$338,485
Assets
$475,791
Liabilities
$9,746

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • DR ADDIE MCCAFFERTY (PRESIDENT)

Highest reported compensation

  • DR PAUL BAGGETT (EXECUTIVE DI): $94,085 total reported compensation
  • TAMMY HAMILTON (SECRETARY): $40,355 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purposes of phi alpha honor society are to provide a closer bond among students of social work and promote humanitarian goals and ideals. Phi alpha fosters high standards of education for social workers and invites into membership those who have attained excellence in scholarship and achievement in social work.

What it reported doing in 2024

(1) chapter service awards - recognizes outstanding service conducted by chapters. Four 500.00 awards are presented per year. (2) advisor of the year - recognizes outstanding service to chapters. Advisors are nominated by their students. A plaque is awarded. (3) student leadership awards - recognizes outstanding student leadership consistent with the ideals and mission of phi alpha. The focus of the application is the student's leadership, service, impact, and commitment. Awards of 1,000, 750 amd 500 are presented each year. Students are nominated by their phi alpha chapter advisor. Students must be active leaders of a phi alpha chapter to be nominated. (4) patty gibbs-wahlberg bsw scholarships - recognizes student scholarship, service and leadership. Awards of 3,000, 2,000 and 1,000 are presented each year. (5) msw scholarships - recognizes student scholarshp, service and leadership, awards of 3,000, 2,000 and 1,000 are presented each year. (6) doctoral scholarships - recognizes student scholarship, service and leadership. Awards of 3,000, 2,000 and 1,000 are presented each year. (7) student membership support - is designed for students, eligible for phi alpha membership, whose situation makes it a challenge to pay membership fees. Each chapter may request 2 memberships per induction at no cost. Chapters are responsible for any local chapter fees. (8) honorary members - honorary members shall be persons, other than students, outside the society who have provided distinctive contributions to the field of social work. Honorary members are granted only by the sole permission of the society. Each chapter may request 2 memberships per induction at no cost. (9) chapter grants - promotes and supports chapters engagement in service learning. The program supports activities consistent with the mission of promoting: (1) humanitarian goals and (2) bonds among students. Chapters are to be funded up to 1,000 to conduct service projects in their communities. 6,000 is awarded each academic year. Chapters submit a brief account following the service project. (10) chapter support - supports chapters in organizing membership and new member recruitment. Chapters may request to receive up to 100 toward a recruitment event. Funds may be used for refreshments, materials, or other items. Chapter support funds are not provided for an inducti0n ceremony. Chapters submit a brief account following the event or meeting.

Operating model

Revenue model
Earned-program. 93% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 88% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 87
  • Accountability: 63
  • Sustainability: 32
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 73.5%; rating input score 73
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 1 of 8 controls in place; rating input score 12
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -11%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 1.41; rating input score 50; 50th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 40; 40th percentile among comparable filings
  • Officer compensation ratio: 14.2%; rating input score 25; 25th percentile among comparable filings

Growth

  • Program expense growth: 5.2% per year; rating input score 100; 54th percentile among comparable filings
  • Revenue growth: 3.6% per year; rating input score 100; 44th percentile among comparable filings
  • Asset growth: 1.5% per year; rating input score 100; 31st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 73.5% of spending went to programs
  • Governance: 642 of 642 board members independent · 1 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $249K in reported program spending
  • Leadership: top reported pay $94K · 9 people listed
  • Consistency: 25 of 26 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules · includes grants
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Governance controls: 6 of 7 not reported.
  • High — Sustainability: Operating margin scored 21/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Sustainability: Total-asset coverage ratio scored 50/100.
  • High — Sustainability: Officer compensation ratio scored 25/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 40/100.