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THE HONOR SOCIETY OF PHI KAPPA PHI Parent

Let the love of learning rule humanity.

Baton Rouge, LA   |  www.phikappaphi.org
GuideStar Charity Check

THE HONOR SOCIETY OF PHI KAPPA PHI

EIN: 95-1856406


Mission

TO RECOGNIZE AND PROMOTE ACADEMIC EXCELLENCE IN ALL FIELDS OF HIGHER EDUCATION AND TO ENGAGE THE COMMUNITY OF SCHOLARS IN SERVICE TO OTHERS

Ruling year info

1999

Executive Director

Dr. Bradley Newcomer

Main address

7576 Goodwood Blvd

Baton Rouge, LA 70806 USA

Show more contact info

EIN

95-1856406

Subject area info

Education

Philanthropy

Population served info

Adults

NTEE code info

Professional Societies & Associations (B03)

Professional Societies, Associations (T03)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Affiliations

See related organizations info

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

The Honor Society of Phi Kappa Phi strives to recognize and promote academic excellence in all fields of higher education and engages the community of scholars in service to others.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Phi Kappa Phi Forum

Phi Kappa Phi Forum is the Society's award-winning publication, reaching more than 110,000 active members, government officials, libraries, executives, and others.

Population(s) Served
Adults

Where we work

Awards

Excel Award 2021

AM&P Network EXCEL Awards

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

The Honor Society of Phi Kappa Phi strives to recognize and promote academic excellence in all fields of higher education and engages the community of scholars in service to others.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive

  • What challenges does the organization face when collecting feedback?

    It is difficult to get the people we serve to respond to requests for feedback, The people we serve tell us they find data collection burdensome

Financials

THE HONOR SOCIETY OF PHI KAPPA PHI
Fiscal year: Jul 01 - Jun 30
Financial documents
2023 Audited Financial Statements
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

5.63

Average of 8.76 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

0.5

Average of 1.2 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

32%

Average of 26% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

THE HONOR SOCIETY OF PHI KAPPA PHI

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

THE HONOR SOCIETY OF PHI KAPPA PHI

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

THE HONOR SOCIETY OF PHI KAPPA PHI

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of THE HONOR SOCIETY OF PHI KAPPA PHI’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $1,008,001 $536,748 -$8,385,151 $45,117,258 -$10,410,237
As % of expenses 27.6% 13.0% -232.6% 1141.7% -198.1%
Unrestricted surplus (deficit) after depreciation $873,354 $413,126 -$8,508,006 $45,019,911 -$10,487,047
As % of expenses 23.1% 9.7% -228.2% 1111.8% -196.7%
Revenue composition info
Total revenue (unrestricted & restricted) $3,977,114 $3,865,041 $3,964,595 $46,742,471 $6,309,664
Total revenue, % change over prior year -22.2% -2.8% 2.6% 1079.0% -86.5%
Program services revenue 0.1% 0.1% 0.1% 0.0% 0.0%
Membership dues 71.7% 69.9% 65.2% 5.4% 40.9%
Investment income 15.4% 17.3% 16.1% 2.2% 49.0%
Government grants 0.0% 0.0% 0.0% 0.7% 0.0%
All other grants and contributions 1.3% 2.4% 0.8% 90.3% 7.6%
Other revenue 11.5% 10.2% 17.9% 1.4% 2.4%
Expense composition info
Total expenses before depreciation $3,647,893 $4,123,654 $3,604,930 $3,951,843 $5,254,940
Total expenses, % change over prior year -11.8% 13.0% -12.6% 9.6% 33.0%
Personnel 44.4% 38.3% 45.5% 52.4% 42.7%
Professional fees 11.5% 6.1% 9.3% 8.9% 12.3%
Occupancy 0.8% 0.8% 0.8% 1.2% 0.0%
Interest 0.1% 0.0% 0.0% 0.0% 0.0%
Pass-through 6.9% 12.5% 7.5% 4.3% 20.0%
All other expenses 36.4% 42.4% 36.9% 33.3% 25.0%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $3,782,540 $4,247,276 $3,727,785 $4,049,190 $5,331,750
One month of savings $303,991 $343,638 $300,411 $329,320 $437,912
Debt principal payment $89,607 $84,468 $0 $328,890 $0
Fixed asset additions $201,100 $271,338 $168,346 $0 $0
Total full costs (estimated) $4,377,238 $4,946,720 $4,196,542 $4,707,400 $5,769,662

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 0.4 0.2 0.9 1.0 0.5
Months of cash and investments 84.0 74.1 87.4 228.5 144.8
Months of estimated liquid unrestricted net assets 76.9 68.6 50.0 182.7 113.6
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $136,332 $80,325 $278,974 $338,279 $219,701
Investments $25,407,998 $25,374,382 $25,974,866 $74,923,031 $63,202,701
Receivables $74,549 $66,560 $85,026 $189,905 $374,367
Gross land, buildings, equipment (LBE) $3,188,709 $3,460,048 $3,628,393 $2,902,526 $2,914,289
Accumulated depreciation (as a % of LBE) 55.2% 54.4% 55.3% 48.7% 51.2%
Liabilities (as a % of assets) 8.2% 7.2% 39.8% 14.4% 17.3%
Unrestricted net assets $24,729,216 $25,142,342 $16,634,336 $61,654,247 $51,167,200
Temporarily restricted net assets $0 $0 N/A N/A N/A
Permanently restricted net assets $390,527 $419,321 N/A N/A N/A
Total restricted net assets $390,527 $419,321 $432,976 $4,370,044 $3,015,829
Total net assets $25,119,743 $25,561,663 $17,067,312 $66,024,291 $54,183,029

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Executive Director

Dr. Bradley Newcomer

Number of employees

Source: IRS Form 990

THE HONOR SOCIETY OF PHI KAPPA PHI

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

THE HONOR SOCIETY OF PHI KAPPA PHI

Highest paid employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of highest paid employee data for this organization

THE HONOR SOCIETY OF PHI KAPPA PHI

Board of directors
as of 01/18/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Dr. Lora Becker

The Honor Society of Phi Kappa Phi

Term: 2022 - 2024

Daniel H. Sandweiss

The Honor Society of Phi Kappa Phi

Lora A. Becker

The Honor Society of Phi Kappa Phi

George Randels

The Honor Society of Phi Kappa Phi

Sharhonda Rush

The Honor Society of Phi Kappa Phi

Leslie Zenk

The Honor Society of Phi Kappa Phi

Bradley Newcomer

The Honor Society of Phi Kappa Phi

Philip Phillips

The Honor Society of Phi Kappa Phi

Ronald Tulley

The Honor Society of Phi Kappa Phi

Mattia Migliore

The Honor Society of Phi Kappa Phi

JoAnn Canales

The Honor Society of Phi Kappa Phi

Alex Shantiai

The Honor Society of Phi Kappa Phi

Ruth Nichols

The Honor Society of Phi Kappa Phi

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Not applicable

Contractors

Fiscal year ending
There are no fundraisers recorded for this organization.