Phi Tau Sigma Honorary Society Inc
Nonprofit profile at a glance
- EIN
- 421199432
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Vadnais Heights, MN, USA
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $59,421
- Expenses
- $52,739
- Assets
- $425,046
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- Dr Elizabeth Grasso-Kelley (President)
- Dr Fanbin Kong (President Elect)
- Dr Terri Boylston (Past President)
- Dr Kathryn Kotula (Executive Director)
People named in this filing
- Dr Elizabeth Grasso-Kelley (President)
- Dr Fanbin Kong (President Elect)
- Dr Terri Boylston (Past 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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
A. To recognize and honor the professional achievements of food scientists and technologists especially students. B. To encourage the application of fundamental scientific principles to food science and technology C. To stimulate and foster the exchange of scientific knowledge through meetings lectures electronic means publications and other communication tools and D. To promote leadership in science service education and social programs for the SOCIETY membership.
What it reported doing in 2024
Sponsorships of Students Competitions for undergraduates and graduate students at universities scientific meetings and on line scientific events
Operating model
- Revenue model
- Donor-supported. 70% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 62% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 100
- Sustainability: 58
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.5%; rating input score 82
- Program expense ratio: 79.5%; rating input score 80
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 11.2%; rating input score 64; 64th percentile among comparable filings
- Total-asset coverage ratio: 8.06; rating input score 90; 90th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 11.4%; rating input score 9; 9th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 81.5% of revenue deployed · 79.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $42K in reported program spending
- Leadership: top reported pay $0 · 17 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 1 filing year from 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 — Sustainability: Officer compensation ratio scored 9/100.