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Phi Kappa Sigma Fraternity

EIN 36-2518603 · Chicago, IL

Public records raise at least one point you should look into before giving.

LegitimacyCautionRegistration and standingFinancial healthNot ratedToo small or too little detailGovernanceNot ratedToo small or too little detailImpact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE PRIMARY EXEMPT PURPOSE OF ALPHA EPSILON OF PHI KAPPA SIGMA "THE FRATERNITY" IS THE PROMOTION OF GOOD FELLOWSHIP AND THE CULTIVATION OF THE SOCIAL VIRTUES AMONG ITS MEMBERS; THE PROTECTION OF THE JUST RIGHTS AND THE ADVANCEMENT OF THE BEST INTEREST, PRESENT AND FUTURE, INDIVIDUAL AND COLLECTIVE, OF ALL THOSE WHO SHALL BE ASSOCIATED TOGETHER AS MEMBERS OF THE FRATERNITY; THE ENCOURAGEMENT OF GOOD SCHOLARSHIP AND BREADTH OF TRAINING FOR ITS MEMBERS; AND COOPERATION IN THE EDUCATIONAL AND CULTURAL PROGRAMS OF INSTITUTIONS OF HIGHER EDUCATION IN WHICH CHAPTERS ARE LOCATED.

Income
$172,925
Spending
$157,719
Employees
0
Volunteers
30
Highest pay
$1,000, treasurer (term exp 4/29/25)

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate

Financial health

We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate

Governance

This return does not answer enough of the governance questions to score.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. THE ALPHA EPSILON CHAPTER OF PHI KAPPA SIGMA ACCOMPLISHES ITS EXEMPT PURPOSE THROUGH SEVERAL KEY ACTIVITIES. OCCUPANCY FEES COLLECTED PROVIDE A SPACE FOR STUDENT ACCOMMODATION, FRATERNALGATHERINGS, ACADEMIC STUDY SESSIONS, AND DAY-TO-DAY OPERATIONS. THIS NOT ONLY FOSTERS A SENSE OF COMMUNITY BUT ALSO SUPPORTS ACADEMIC SUCCESS. MEMBERSHIP DUES ARE INSTRUMENTAL IN MAINTAINING OUR AFFILIATION WITH NATIONAL ORGANIZATIONS AND ENABLING PARTICIPATION IN ESSENTIAL LEADERSHIP CONFERENCES, WHICH ARE CRUCIAL FOR THE FUNCTIONING OF OUR CHAPTER. ADDITIONALLY, THE ALLOCATION OF FUNDS FOR LEADERSHIP CONFERENCE EXPENSES PROVIDES OUR CURRENT MEMBERS WITH THE OPPORTUNITY TO TRAVEL AND PARTICIPATE IN VARIOUS LEADERSHIP TRAINING PROGRAMS, FURTHERING THEIR PERSONAL DEVELOPMENT AND ENHANCING THE OVERALL EFFECTIVENESS OF OUR CHAPTER.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(7) social or recreational club.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Caution.

    The IRS master file records contributions to this 501(c)(7) social or recreational club as not deductible.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since December 1940.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.