Nonprofit · EIN 51-6022780
PHI BETA KAPPA SOCIETY
Also known as ALPHA OF DELAWARE CHAPTER
Tax-exempt · NEWARK, DE 19716
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $103,685 | $37,034 | $66,651 | $1,142,228 | $0 | $1,142,228 |
| December 31, 2024 | 990 | $207,107 | $29,012 | $178,095 | $1,075,577 | $0 | $1,075,577 |
| December 31, 2023 | 990 | $663,639 | $20,666 | $642,973 | $897,482 | $0 | $897,482 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $400
- Program service revenue
- $0
- Investment income
- $103,245
- Net gain from sales of assets
- $76,631
- Other revenue
- $40
Expenses
- Grants and similar amounts paid
- $10,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $5,100
- Program services (functional)
- $31,725
- Management and general (functional)
- $5,309
Balance sheet and other
- Total assets, start of year
- $1,075,577
- Total assets, end of year
- $1,142,228
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,142,228
- Publicly traded securities
- $1,037,861
- Net assets without donor restrictions
- $1,142,228
- Gross receipts
- $495,715
- Employees
- 0
- Volunteers
- 10
- Year formed
- 1956
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LYNN MAHAFFY | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JESSICA TANIS | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| RAY PETERS | SECRETARY Trustee or director, Officer | 2 | $0 |
| ELIZABETH BAYLEY | TREASURER Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LYNN MAHAFFY | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JESSICA TANIS | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| RAY PETERS | SECRETARY Trustee or director, Officer | 2 | $0 |
| ELIZABETH BAYLEY | TREASURER Trustee or director, Officer | 2 | $0 |
| LISA GENSEL | CHAIR, MEMBERS IN COURSE C Trustee or director, Officer | 0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LYNN MAHAFFY | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JESSICA TANIS | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| RAY PETERS | SECRETARY Trustee or director, Officer | 2 | $0 |
| ELIZABETH BAYLEY | TREASURER Trustee or director, Officer | 2 | $0 |
| LISA GENSEL | CHAIR, MEMBERS IN COURSE COMMITTEE Trustee or director, Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 42 AMSTEL AVE PURNELL HALL 4TH F, NEWARK, DE 19716-2799
- In care of
- % U OF DELAWARE-PBK SOCIETY
- Mailing address (990-N for 2021)
- 1606 New Hampshire Avenue NW, Washington DC 20009
- Principal officer (990 for 2025)
- ELIZABETH BAYLEY PHD, 42 AMSTEL AVE 4TH FL PURNELL HALL, NEWARK, DE 19716
- Signed the 990
- ELIZABETH BAYLEY PHD, TREASURER
- Phone
- (302) 831-4623
- Return prepared by
- GUNNIP & COMPANY LLP
Mission
TO FOSTER THE PRINCIPLES OF FREEDOM OF INQUIRY, FREEDOM OF THOUGHT AND FREEDOM OF EXPRESSION. THE SOCIETY PROMOTES A CULTURE OF DISCIPLINARY RIGOR, BREADTH OF INTELLECTUAL PERSPECTIVE, THE CULTIVATION OF SKILLS OF DELIBERATION AND ETHICAL REFLECTION, THE PUSUIT OF WISDOM, AND THE APPLICATION OF THE FRUITS OF SCHOLARSHIP AND RESEARCH IN PRACTIAL LIFE.
Program accomplishments
- ENCOURAGING, STIMULATING, RECOGNIZING, AND REWARDING INTELLECTUAL ACHIEVEMNET.Expenses $31,725 · grants $10,000
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 | 990 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
- 51-6022780
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Exempt since
- 1967
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 1130: PHI BETA KAPPA SOCIETY
- Assets (IRS master file)
- $1,142,228
- Income (IRS master file)
- $495,715
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $103,685 | $37,034 | $1,142,228 | IRS |
| 990 | December 2024 | $207,107 | $29,012 | $1,075,577 | XML |
| 990 | December 2023 | $663,639 | $20,666 | $897,482 | XML |
| 990-N for 2021 | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2018 | December 31, 2018 | ≤ $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 51-6022780).
Questions about PHI BETA KAPPA SOCIETY
- What is the EIN of PHI BETA KAPPA SOCIETY?
- The employer identification number (EIN) of PHI BETA KAPPA SOCIETY is 51-6022780.
- Is PHI BETA KAPPA SOCIETY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1967.
- Which annual return does PHI BETA KAPPA SOCIETY 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 BETA KAPPA SOCIETY 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 BETA KAPPA SOCIETY 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 BETA KAPPA SOCIETY?
- The 990 for the year ended December 31, 2025 names ELIZABETH BAYLEY PHD.
- Who are the officers and directors of PHI BETA KAPPA SOCIETY?
- The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does PHI BETA KAPPA SOCIETY have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $103,685, expenses of $37,034 and total assets of $1,142,228 at year end.
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