PI KAPPA ALPHA FRATERNITY BETA ETA CHAPTER

EIN: 370661715

Champaign, IL

Total Revenue
$551,416
Total Expenses
$871,645
Total Assets
$50,500
Net Assets
$-328,788
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1950
Legal Domicile
IL
Principal Officer
Logan Blume
Phone
9013332787
Tax Period
2022-07-01 to 2023-06-30

PI KAPPA ALPHA FRATERNITY BETA ETA CHAPTER, founded in 1950, is a small nonprofit that reported $551K in total revenue in fiscal year 2022. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $872K exceeded revenue, resulting in a 58% operating deficit.

Mission

TO PROMOTE AN EDUCATIONAL ATMOSPHERE THROUGH FRATERNAL FELLOWSHIP

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $551,416
Investment Income $0
Other Revenue $0
TOTAL REVENUE $551,416

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $871,645
Other Expenses $871,645
TOTAL EXPENSES $871,645

Year-over-Year Comparison

2022 2021 Change
Revenue $551,416 $691,497 -0.2%
Expenses $871,645 $818,613 +0.1%
Net Income $-320,229 $-127,116 +1.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
6

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Logan Blume President 20
Officer
$0 $0 $0
Gavin Rose Treasurer 20
Officer
$0 $0 $0
Nathan Morhaim Internal Vice President 20
Officer
$0 $0 $0
Mark Erdmann External Vice President 20
Officer
$0 $0 $0
Maciej Flasza Secretary 20
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $551,416 $871,645 $50,500 $-320,229
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