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Nonprofit · EIN 23-6235335

PHI KAPPA SIGMA EDUCATIONAL FUND INC

Also known as Phi Kappa Sigma Carthage College Gamma Gamma Chapter

Tax-exempt · CHESTERTOWN, MD 21620

Financials

$316K$516K2023$426K$403K2024$594K$530K2025
Revenue Expenses · by fiscal year end
Financials of PHI KAPPA SIGMA EDUCATIONAL FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$593,940$529,775$64,165$4,991,487$0$4,991,487
December 31, 2024990$426,177$403,318$22,859$4,819,144$511$4,818,633
December 31, 2023990$316,275$515,833-$199,558$4,563,530$29,967$4,533,563
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$86,120
Program service revenue
$0
Investment income
$494,002
Net rental income
$13,818
Net gain from sales of assets
$398,238
Other revenue
$13,818

Expenses

Grants and similar amounts paid
$171,885
Compensation of officers, directors and key employees
$124,046
Other salaries and wages
$2,125
Salaries, compensation and benefits (total)
$136,028
Professional fundraising fees
$0
Legal fees
$85,066
Accounting fees
$16,713
Program services (functional)
$171,885
Management and general (functional)
$202,512
Fundraising (functional)
$155,378

Balance sheet and other

Total assets, start of year
$4,819,144
Total assets, end of year
$4,991,487
Total liabilities, end of year
$0
Net assets, end of year
$4,991,487
Land, buildings and equipment
$242,789
Publicly traded securities
$4,698,882
Net assets without donor restrictions
$4,775,752
Net assets with donor restrictions
$215,735
Gross receipts
$1,295,924
Employees
1
Year formed
1953
State of legal domicile
DE

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
DENNIS SHEADIRECTOR OF
Trustee or director
40$124,046
PETER NICHOLSPRESIDENT
Trustee or director
10$0
LONNY BOEKEVICE PRESIDE
Trustee or director
10$0
JEFFREY LONGTREASURER
Trustee or director
10$0
CT BENISSECRETARY
Trustee or director
10$0
990 for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
DENNIS SHEADIRECTOR OF
Trustee or director
40$126,979
PETER NICHOLSPRESIDENT
Trustee or director
10$0
LONNY BOEKEVICE PRESIDE
Trustee or director
10$0
JEFFREY LONGTREASURER
Trustee or director
10$0
CT BENISSECRETARY
Trustee or director
10$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
DENNIS SHEADIRECTOR OF
Trustee or director
40$125,557
PETER NICHOLSPRESIDENT
Trustee or director
1$0
LONNY BOEKEVICE PRESIDE
Trustee or director
1$0
JEFFREY LONGTREASURER
Trustee or director
1$0
CT BENISSECRETARY
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 508, CHESTERTOWN, MD 21620-0508
In care of
% ALLAN M CAMERON JR
Mailing address (990-N for 2013)
2001 Alford Park Drive, Kenosha WI WI 53140
Principal officer (990 for 2025)
JEFFREY LONG, 25440 LEARMAN RD, CHESTERTOWN, MD 21620
Principal officer (990-N for 2013)
Cathage College Phi Kappa Sigma, 2001 Alford Park Drive, Kenosha WI 53140
Signed the 990
JEFFREY LONG, TREASURER
Phone
(610) 937-2204
Return prepared by
RD BARNETT PLLC

Mission

TO PROVIDE FINANCIAL ASSISTANCE IN THE FORM OF SCHOLARSHIPS TO ELIGIBLE FRATERNITY MEMBERS AND SUPPORT DEVELOPMENT OF SCHOLASTIC IMPROVEMENT AND LEADERSHIP CAPABILITY OF FRATERNITY MEMBERS WITHIN THE INDIVIDUAL CHAPTERS OF THE FRATERNITY.

990 for the year ended December 31, 2025

Program accomplishments

  • TO PROVIDE FINANCIAL ASSISTANCE AND TRAINING FOR EDUCATION TO ELIGIBLE FRATERNITY MEMBERS.
    Expenses $171,885 · grants $171,885

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-6235335
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
1955
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,991,487
Income (IRS master file)
$1,295,924

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$593,940$529,775$4,991,487IRS
990December 2024$426,177$403,318$4,819,144XML
990December 2023$316,275$515,833$4,563,530XML
990December 2022$361,518$509,782$4,460,494IRS
990December 2021–––IRS
990July 2021–––IRS
990July 2020–––IRS
990July 2019–––IRS
990July 2018–––IRS
990-N for 2013
Officer: Cathage College Phi Kappa Sigma
July 31, 2014≤ $50,000 receipts––e-Postcard

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 23-6235335).

Questions about PHI KAPPA SIGMA EDUCATIONAL FUND INC

What is the EIN of PHI KAPPA SIGMA EDUCATIONAL FUND INC?
The employer identification number (EIN) of PHI KAPPA SIGMA EDUCATIONAL FUND INC is 23-6235335.
Is PHI KAPPA SIGMA EDUCATIONAL FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1955.
Are donations to PHI KAPPA SIGMA EDUCATIONAL FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PHI KAPPA SIGMA EDUCATIONAL FUND INC 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 KAPPA SIGMA EDUCATIONAL FUND INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PHI KAPPA SIGMA EDUCATIONAL FUND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of PHI KAPPA SIGMA EDUCATIONAL FUND INC?
The 990 for the year ended December 31, 2025 names JEFFREY LONG.
Who are the officers and directors of PHI KAPPA SIGMA EDUCATIONAL FUND INC?
The 990 for the year ended December 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $124,046 (DENNIS SHEA, DIRECTOR OF).
How much revenue does PHI KAPPA SIGMA EDUCATIONAL FUND INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $593,940, expenses of $529,775 and total assets of $4,991,487 at year end.

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