Phi Kappa Sigma Building Association

Nonprofit profile at a glance

EIN
760700911
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024
Location
Bristow, OK, USA
Phone
9183673333
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Student Sororities, Fraternities

Official website

Reported finances

Revenue
$5,178
Expenses
$1,079
Assets
$102,642
Liabilities
$15,905

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

Leadership & pay

7 people listed

Executive titles in this filing

  • KEVIN CALIENDO (President)

People named in this filing

  • KEVIN CALIENDO (President)
  • BLAKE THOMPSON (Director)
  • BRENT MORGAN (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

The objects of Phi Kappa Sigma Fraternity shall be the promotion ofgood fellowship and the cultivation of the social virtues among ourmembers; the protection of just rights and the advancement of thebest interests, present and future, individual and collective, of allthose who shall be associated together as members of this Fraternity; the encouragement of good scholarship and the breadth of training forour members; and cooperation in the educational and cultural programsof institutions of higher education in which our Chapters are located.

What it reported doing in 2024

Perpetuate the Omicron Chapter of Phi Kppa Sigma Fraternity at the University of Oklahoma, Norman, Oklahoma; to supplement the student members' classroom experience and contribute to their personal development in the areas of education, morals, manners, culture and philosophy by providing them a safe, wholesome living environment and culture in which they can thrive. The fraternity attracts men of good character and scholastic and augments and fosters the education experience.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% 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.

The verdict

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 51
  • Transparency & Controls: 82
  • Sustainability: 83
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 20.8%; rating input score 21
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 79.2%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 95.13; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: 0.15; rating input score 15; 15th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -44.7% per year; rating input score 0; 9th percentile among comparable filings
  • Revenue growth: 91.9% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 2.8% per year; rating input score 100; 50th percentile among comparable filings

Details

  • Where the money goes: 20.8% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $1K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • 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 — Financial Efficiency: Mission deployment rate scored 21/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 15/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.