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Phi Alpha Educational Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 481139379 ✦ Lawrence, KS ✦ Designated as a 501(c)(3)

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Overview

What is Phi Alpha Educational Foundation?

The Phi Alpha Educational Foundation is a nonprofit organization that primarily supports the Sigma Alpha Epsilon fraternity. Its primary functions include funding the construction, maintenance, and equipping of educational spaces within the fraternity house, ensuring the chapter operates smoothly. Moreover, the foundation offers scholarships to both fraternity members and pledges, and provides tutoring services for those in need of academic assistance. Furthermore, the foundation also contributes to the overall operations of the Sigma Alpha Epsilon fraternity.

Is Phi Alpha Educational Foundation legitimate?

Phi Alpha Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phi Alpha Educational Foundation submitted a form 990EZ, 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.

What is the mission statement of Phi Alpha Educational Foundation?

The Phi Alpha Educational Foundation's mission is centered around providing support to the Sigma Alpha Epsilon fraternity. This support encompasses funding for the educational areas of the chapter house, as well as covering construction, operating costs, furniture, fixtures, and equipment necessities. Additionally, the foundation grants scholarships to fraternity members and pledges. Furthermore, tutors are provided for these members to aid in their academic pursuits. Lastly, the foundation contributes to the operational costs of the Sigma Alpha Epsilon fraternity and awards scholarships to its members.

Who is the CEO of Phi Alpha Educational Foundation?

Allyn Risley is the President of Phi Alpha Educational Foundation.

What is the revenue of Phi Alpha Educational Foundation?

Phi Alpha Educational Foundation's revenue in 2022 was $101,435.

Who are the executives of Phi Alpha Educational Foundation and what are their salaries?


Here are 4 key members and their salaries:


Allyn Risley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Littrell (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Gage (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larence Ferree Iii (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Phi Alpha Educational Foundation?

Phi Alpha Educational Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Phi Alpha Educational Foundation

Phi Alpha Educational Foundation, a nonprofit organization, is dedicated to supporting the Sigma Alpha Epsilon fraternity. Its primary mission is to provide the necessary resources for the fraternity's educational areas within their chapter house. This includes covering construction costs, operational expenses, purchasing furniture, fixtures, and essential equipment. Beyond this, the foundation aims to award scholarships to both active fraternity members and pledges. Furthermore, it offers tutoring services to assist these members in their academic pursuits. In essence, Phi Alpha Educational Foundation's role is to aid and support the Sigma Alpha Epsilon fraternity in its operations and help its members excel academically through scholarships and tutoring services.

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Impact




October, 2024

Phi Alpha Educational Foundation plays a vital role in enhancing the educational environment and opportunities for members of the Sigma Alpha Epsilon fraternity. By providing essential support for the construction, operating costs, and the necessary furniture and fixtures, the foundation ensures that the chapter house can effectively serve as a conducive space for learning and personal development.

In addition to improving the physical infrastructure, the foundation grants scholarships to fraternity members and pledges, opening doors for academic advancement that might otherwise be inaccessible. Furthermore, by offering tutoring services, it directly contributes to the academic success of its members, fostering a culture of scholastic achievement within the fraternity.

Overall, the foundation’s impact is multifaceted—it not only enriches the educational experience of individual members but also strengthens the fraternity as a whole by promoting an environment where education and personal growth are prioritized.




This information is meant to be a general summary of Phi Alpha Educational Foundation. 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.

Revenue
$101,435 (2022)
Expenses
$152,148 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,062
  • Gross Receipts: $101,435

Assets and Liabilities:

  • Total Assets: $154,617
  • Total Liabilities: $0
  • Net Assets: $154,617

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Organization Details

Principal Officer

Allyn Risley

Main Address

2201 W 25TH ST STE R, LAWRENCE, KS, 66047

NTEE Category

Code: B110 - Education

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