Overview
What is Wichita State Phi's Educational?
Wichita State Phi's Educational is a nonprofit organization situated in Andover, Kansas, with an address at 213 Chaparral Court, 67002. Its primary objective is to raise funds and contribute to the Wichita Phi's Building Association for the construction of a new chapter house. This new building will serve as a hub for educational purposes, and the organization also aims to provide educational scholarships. The scholarships are administered by the Endowment Association of the University, thereby supporting academic growth and opportunities for individuals associated with Wichita Phi's.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33%
Wichita State Phi's Educational has received a rating of 33%, resulting in a Zero-Star out of Four Star rating. This score is derived entirely from its Accountability & Finance metrics, indicating significant concerns in these areas. The organization does maintain a fully independent board, which is a positive aspect, but this is overshadowed by multiple deficiencies in operational transparency and governance policies.
The organization scores well in terms of board independence and documentation of board meeting minutes; however, it lacks essential policies such as conflict of interest and whistleblower policies. Additionally, the absence of a website listed on their tax form, along with missing financial documents on their site, raises questions regarding transparency and accountability to stakeholders and potential donors.
Financially, Wichita State Phi's Educational has a program expense ratio of approximately 40%, which may imply that a significant portion of funds raised is not being directed towards programmatic activities. The liabilities to assets ratio is reported at 0.00%, but this figure alone does not mitigate the overall concerns about financial management and operational practices.
This AI summary has been generated from information found on Charity Navigator.
Is Wichita State Phi's Educational legitimate?
Wichita State Phi's Educational is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wichita State Phi's Educational submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Wichita State Phi's Educational?
Wichita State Phi's Educational Foundation was established with a dual purpose. Its primary objective is to gather funds and contribute to the Wichita Phi's Building Association for the construction of a new chapter house, which would be utilized for educational purposes. Secondly, the foundation aims to provide educational scholarships. These scholarships are administered by the Endowment Association of the University. The funds collected are also prepared for granting scholarships through the Wichita Phi Building Association Scholarship Program.
Who is the CEO of Wichita State Phi's Educational?
Michael Babich is the President of Wichita State Phi's Educational.
What is the revenue of Wichita State Phi's Educational?
Wichita State Phi's Educational's revenue in 2021 was $77,271.
Who are the executives of Wichita State Phi's Educational and what are their salaries?
There 8 volunteers at Wichita State Phi's Educational.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Wichita State Phi's Educational?
Wichita State Phi's Educational's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Wichita State Phi's Educational
Wichita State Phi's Educational, a nonprofit organization, was established with a dual mission. Its primary objective is to raise funds and contribute to the Wichita Phi's Building Association for the construction of a new chapter house. This new building is intended for educational purposes. Alongside this construction endeavor, Wichita State Phi's Educational also administers educational scholarships through the Endowment Association of the University. These scholarships aim to support the Wichita Phi Building Association Scholarship Program. In essence, the organization's mission is to support the educational growth of its community by funding the construction of a new educational facility and providing financial aid to deserving individuals.
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Impact
August, 2024
Wichita State Phi's Educational has a significant educational impact through its efforts to raise funds for the construction of a new chapter house and provide educational scholarships. The foundation's mission is focused on supporting educational purposes, particularly by contributing towards the construction of a new chapter house and offering scholarships administered by the Endowment Association of the University. This philanthropic initiative not only benefits the fraternity members but also contributes to the academic and personal development of individuals supported by the scholarships.
This information is meant to be a general summary of Wichita State Phi's Educational. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $76,765
- Gross Receipts: $77,271
Assets and Liabilities:
- Total Assets: $1,152,628
- Total Liabilities: $0
- Net Assets: $1,152,628
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Organization Details
Founding Year
1989
Phone
(316) 634-1190Principal Officer
Michael Babich
Main Address
213 CHAPARRAL COURT, ANDOVER, KS, 67002
NTEE Category
Code: T22Z - Philanthropy
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