Phi Kappa Sigma Fraternity Beta Eta Foundation

Nonprofit profile at a glance

EIN: 752263888
IRS 990-EZ coverage: 2014–2015
Forms available: Form 990-EZ 2015
Location: Denton, TX, USA
Phone: 9403005923
Rating: 81
Verdict: STRONG
Rating confidence: Moderate
Sector: Student Sororities, Fraternities

Reported finances

Revenue: $43,775
Expenses: $39,932
Assets: $297,603

Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

Stepan Perfilev (President)
Tom Levins (Vice President)
Floyd Hensley (Vice President)
Joel Bell (Vice President)

People named in this filing

Stepan Perfilev (President)
Tom Levins (Vice President)
Floyd Hensley (Vice President)

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 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Promote scholarship among members.

What it reported doing in 2015

Provide room and board, the promotion of good fellowship, and the cultivation of social virtues among members.

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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

Financial Efficiency: 85
Transparency & Controls: 82
Sustainability: 62
Growth: 60

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 81.8%; rating input score 82
Program expense ratio: 89.6%; rating input score 90

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: 8.8%; rating input score 62; 62nd percentile among comparable filings
Total-asset coverage ratio: 7.45; rating input score 90; 90th percentile among comparable filings
Liabilities to assets ratio: Limited
Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

Program expense growth: 9.7% per year; rating input score 100; 71st percentile among comparable filings
Revenue growth: -55% per year; rating input score 0; 6th percentile among comparable filings
Asset growth: 1.3% per year; rating input score 100; 49th percentile among comparable filings

Details

Where the money goes: 81.8% of revenue deployed · 89.6% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $36K in reported program spending
Leadership: top reported pay $0 · 4 people listed
Consistency: 6 of 6 current checks pass
Schedules: 1 filed schedules
Filing history: 2 filing years from 2014 to 2015
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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

High — Growth: Revenue growth scored 0/100.
Review — Sustainability: Officer compensation ratio scored 57/100.
High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.