Tau Chapter of Pi Kappa Phi Fraternity
Nonprofit profile at a glance
- EIN
- 831519997
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024
- Location
- Raleigh, NC, USA
- Phone
- 9192088213
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $213,471
- Expenses
- $206,447
- Assets
- $49,220
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
People named in this filing
- JOSE ARGUELLO (RISK MGMT SP)
- BRUCE BARTELDT (SECRETARY)
- OWEN EDWARDS (VICE ARCHON)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To create an uncommon and lifelong brotherhood that develops leaders and encourages service to others for the betterment of our communities. Vision statement: a future where every pi kappa phi embraces his role as a leader, puts service before self and improves the world around him.
What it reported doing in 2024
Provided meals, housing and social programs for the local social fraternity members - total of 139 members for the year.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- 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 - 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 some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 79
- Accountability: 70
- Sustainability: 43
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.7%; rating input score 97
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 87.5%; rating input score 88; 4th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 3.3%; rating input score 47; 47th percentile among comparable filings
- Total-asset coverage ratio: 0.24; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 96.7% of revenue deployed · 100% of spending went to programs
- Governance: 32 of 10 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 11 of 12 current checks pass · 1 finding to review
- Schedules: 1 filed schedules
- Contacts: How to reach this organization
- 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: 4 of 6 not reported.
- Moderate — Transparency & Controls: Independent members within voting members did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 13/100.
- Moderate — Sustainability: Operating margin scored 47/100.