Nonprofit · EIN 20-5469890
PHI THETA KAPPA FOUNDATION
Tax-exempt · JACKSON, MS 39211
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,322,097 | $3,000,169 | $321,928 | $17,874,262 | $3,085,526 | $14,788,736 |
| December 31, 2023 | 990 | $2,550,993 | $2,077,310 | $473,683 | $16,381,188 | $2,647,342 | $13,733,846 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,596,826
- Program service revenue
- $0
- Investment income
- $722,853
- Net gain from sales of assets
- $252,291
- Net income from fundraising events
- $2,418
- Other revenue
- $2,418
Expenses
- Grants and similar amounts paid
- $2,102,888
- Other salaries and wages
- $523,568
- Salaries, compensation and benefits (total)
- $624,993
- Professional fundraising fees
- $0
- Accounting fees
- $12,421
- Occupancy
- $15,687
- Travel
- $16,040
- Depreciation
- $11,856
- Program services (functional)
- $2,361,770
- Management and general (functional)
- $387,068
- Fundraising (functional)
- $251,331
Balance sheet and other
- Total assets, start of year
- $16,381,188
- Total assets, end of year
- $17,874,262
- Total liabilities, end of year
- $3,085,526
- Net assets, end of year
- $14,788,736
- Net assets without donor restrictions
- $4,162,728
- Net assets with donor restrictions
- $10,626,008
- Gross receipts
- $4,273,497
- Employees
- 0
- Volunteers
- 7
- Year formed
- 2006
- State of legal domicile
- MS
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DR LYNN TINCHER-LADNER | PRESIDENT & CEO Trustee or director, Officer | 8 | $0 | $425,078 | $26,621 |
| MONICA MARLOWE | EXECUTIVE DIRECTOR - PART YEAR Trustee or director, Officer | 40 | $0 | $164,303 | $17,618 |
| PAIGE B CHANDLER | CFO Officer | 4 | $0 | $159,362 | $19,475 |
| AMANDA GORMAN | INTERIM EXECUTIVE DIRECTOR - PART YEAR Trustee or director, Officer | 40 | $0 | $17,933 | $3,058 |
| DR WILLIS LOTT | CHAIR - PART YEAR Trustee or director | 1 | $0 | $0 | $0 |
| DR GEORGE BOGGS | CHAIR/INTERNATIONAL HONORARY MEM Trustee or director | 1 | $0 | $0 | $0 |
| LOU OBERNDORF | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JANE HALE PAULSEN | TRUSTEE - PART YEAR Trustee or director | 1 | $0 | $0 | $0 |
| JODI HARRIS | TRUSTEE - PART YEAR Trustee or director | 1 | $0 | $0 | $0 |
| DR JASON SCALES | TRUSTEE - PART YEAR Trustee or director | 1 | $0 | $0 | $0 |
| DR MICHAEL CHIPPS | TRUSTEE - PART YEAR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DR LYNN TINCHER-LADNER | SECRETARY Trustee or director, Officer | 8 | $0 | $386,564 | $23,578 |
| MONICA MARLOWE | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $0 | $174,122 | $19,390 |
| PAIGE B CHANDLER | CFO Officer | 4 | $0 | $153,192 | $18,165 |
| DR WILLIS LOTT | CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| DR GEORGE BOGGS | INTERNATIONAL HONORARY MEM Trustee or director | 1 | $0 | $0 | $0 |
| LOU OBERNDORF | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JANE HALE HOPKINS | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JODI HARRIS | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| DR JASON SCALES | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| DR MICHAEL CHIPPS | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1625 EASTOVER DR, JACKSON, MS 39211-6431
- In care of
- % NANCY L RIEVES
- Principal officer (990 for 2024)
- AMANDA GORMAN, 1625 EASTOVER DRIVE, JACKSON, MS 39211
- Signed the 990
- PAIGE CHANDLER, CFO
- Phone
- (601) 984-3504
- Website
- WWW.PTKFOUNDATION.ORG/
- Return prepared by
- HORNE LLP
Mission
THE MISSION OF THE PHI THETA KAPPA FOUNDATION IS TO SECURE THE FINANCIAL RESOURCES TO SUPPORT THE VALUES, VISION, AND PRIORITIES OF THE PHI THETA KAPPA HONOR SOCIETY.
Program accomplishments
- THE PHI THETA KAPPA FOUNDATION'S PURPOSE IS TO RAISE AND OVERSEE THE VOLUNTARY PRIVATE SUPPORT OF TIME, TALENT, AND FINANCIAL CONTRIBUTIONS TO SUPPORT AND ADVANCE THE MISSION, VISION AND PRIORITIES OF PHI THETA KAPPA HONOR SOCIETY.Expenses $2,361,770 · grants $2,102,887 · revenue $252,291
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-5469890
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $17,874,262
- Income (IRS master file)
- $4,273,497
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,322,097 | $3,000,169 | $17,874,262 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $2,550,993 | $2,077,310 | $16,381,188 | XML |
| 990 | December 2022 | $2,585,211 | $2,444,077 | $12,254,762 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-5469890).
Questions about PHI THETA KAPPA FOUNDATION
- What is the EIN of PHI THETA KAPPA FOUNDATION?
- The employer identification number (EIN) of PHI THETA KAPPA FOUNDATION is 20-5469890.
- Is PHI THETA KAPPA FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to PHI THETA KAPPA FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PHI THETA KAPPA FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PHI THETA KAPPA FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PHI THETA KAPPA FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of PHI THETA KAPPA FOUNDATION?
- The 990 for the year ended December 31, 2024 names AMANDA GORMAN.
- Who are the officers and directors of PHI THETA KAPPA FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
- How much revenue does PHI THETA KAPPA FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,322,097, expenses of $3,000,169 and total assets of $17,874,262 at year end.
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