Overview
What is The Honor Society Of Phi Kappa Phi?
The Honor Society of Phi Kappa Phi is a distinguished nonprofit organization situated in Baton Rouge, Louisiana. Established with a mission to celebrate academic excellence across various disciplines of higher education, it also encourages its members to engage in serving their communities. The organization boasts over 100,000 active members, reaching out to government officials, executives, and others through its award-winning publication, Phi Kappa Phi Forum. Furthermore, members receive regular updates through a monthly electronic communication called Phi Kappa Phi Focus. The society's annual report provides an overview of its activities in the past year, including a financial summary, while a merchandise flyer is included in new member packets and renewal statements to boost brand awareness. With a workforce of 21 dedicated individuals, The Honor Society of Phi Kappa Phi continuously strives to promote academic achievements and foster a sense of community service among its members.
Official website here: www.phikappaphi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 94% - Four-Star out of Four Star rating
The Honor Society of Phi Kappa Phi has earned a commendable Four-Star rating on Charity Navigator, reflecting strong performance in accountability and finance. With a score of 94% in this category, the organization demonstrates robust governance, including a fully independent board and comprehensive financial oversight measures. Their commitment to transparency is evident through policies on conflict of interest, whistleblower protections, and thorough documentation practices.
In the area of Culture & Community, the organization stands out with a perfect score of 100%. This underscores their proactive approach to gathering and utilizing feedback, ensuring that the voices of their members and stakeholders are integral to their operations. The society's practices in this domain reflect a strong commitment to fostering a positive culture and community engagement.
However, the program expense ratio of 60.41% and a fundraising efficiency ratio of $0.01 indicate that there may be areas for improvement in how funds are allocated towards programs versus administrative costs and fundraising efforts. While the organization maintains solid financial health with a low liabilities to assets ratio, enhancing fundraising efficiency could further bolster their impact.
This AI summary has been generated from information found on Charity Navigator.
Is The Honor Society Of Phi Kappa Phi legitimate?
The Honor Society Of Phi Kappa Phi is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Honor Society Of Phi Kappa Phi 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: $669,942
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,029,197
For more financial information, click here
Official website here: www.phikappaphi.org
What is the mission statement of The Honor Society Of Phi Kappa Phi?
The Honor Society of Phi Kappa Phi's mission is centered around recognizing and promoting academic excellence in various fields of higher education. The society aims to engage its community of scholars in serving others. Their primary focus is on advocating for academic achievement and encouraging community service. The Honor Society's activities include publishing an award-winning publication, The Phi Kappa Phi Forum, reaching over 100,000 active members and other relevant entities. Members also receive regular electronic communications, keeping them informed about the society's activities and opportunities. The annual report provides an overview of the society's activities in the previous year, including a financial summary. A merchandise flyer is included in new member packets and renewal statements, enhancing brand awareness.
Official website here: www.phikappaphi.org
Who is the CEO of The Honor Society Of Phi Kappa Phi?
Bradley R Newcomer is the President of The Honor Society Of Phi Kappa Phi.
Official website here: www.phikappaphi.org
What is the revenue of The Honor Society Of Phi Kappa Phi?
The Honor Society Of Phi Kappa Phi's revenue in 2022 was $6,309,664.
Official website here: www.phikappaphi.org
Who are the executives of The Honor Society Of Phi Kappa Phi and what are their salaries?
The average compensation at The Honor Society Of Phi Kappa Phi during 2022 was $80,911. There are 21 employees at The Honor Society Of Phi Kappa Phi.
Here are 16 key members and their salaries:
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- Compensation: $179,461
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- Compensation: $114,977
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- Compensation: $148,966
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- Other: $12,647
Official website here: www.phikappaphi.org
Where can I find the form 990 for The Honor Society Of Phi Kappa Phi?
The Honor Society Of Phi Kappa Phi's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.phikappaphi.org
Learn more at the official website: www.phikappaphi.org
Mission Statement of The Honor Society Of Phi Kappa Phi
The Honor Society of Phi Kappa Phi, a distinguished organization, is dedicated to recognizing and promoting academic excellence across various fields of higher education. Its mission is geared towards engaging the community of scholars in service to others. By doing so, the society aims to foster a culture of intellectual achievement and community service, encouraging its members to contribute positively to society beyond their academic pursuits.
The Honor Society of Phi Kappa Phi achieves its mission through several means. Its primary platform for disseminating knowledge and fostering a sense of community is the Phi Kappa Phi Forum, an award-winning publication that reaches over 100,000 active members, government officials, executives, and other interested parties. Additionally, members receive a monthly electronic communication called Phi Kappa Phi Focus, which keeps them informed about the society's activities and opportunities. The annual report provides an overview of the society's activities in the past year, including a financial summary, offering transparency and accountability to its members and stakeholders. Furthermore, a merchandise flyer is included in new member packets and renewal statements to enhance brand awareness and engagement.
In summary, The Honor Society of Phi Kappa Phi is an organization that celebrates academic excellence and encourages its members to serve others. It achieves this through its various platforms, including the Phi Kappa Phi Forum, Phi Kappa Phi Focus, and the annual report. By doing so, the society fosters a sense of community among its members and promotes intellectual growth and service to others.
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Impact
July, 2024
The Honor Society of Phi Kappa Phi has a significant impact on the academic community by recognizing and promoting excellence in all fields of higher education. Through its activities and publications, such as the Phi Kappa Phi Forum reaching over 100,000 active members, government officials, libraries, executives, and others, the society plays a crucial role in fostering a community of scholars dedicated to service and academic achievement. Members benefit from resources like the monthly electronic communication Phi Kappa Phi Focus, keeping them informed of society activities and opportunities. Additionally, the society's annual report provides an overview of its past year's activities and financial summary, showcasing its commitment to transparency and accountability. By including merchandise flyers in new member packets and renewal statements, Phi Kappa Phi enhances its brand awareness and further engages its members in its mission.
This information is meant to be a general summary of The Honor Society Of Phi Kappa Phi. 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 2022.
- Investment Income: $3,091,260
- Gross Receipts: $6,377,867
Assets and Liabilities:
- Total Assets: $65,517,375
- Total Liabilities: $11,334,346
- Net Assets: $54,183,029
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Organization Details
Founding Year
1972
Phone
(225) 388-4917Principal Officer
Bradley R Newcomer
Main Address
7576 GOODWOOD BLVD, BATON ROUGE, LA, 70806
Website
www.phikappaphi.orgNTEE Category
Code: B830 - Education
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