Overview

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Est.

1977

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Phi Theta Kappa is a nonprofit organization dedicated to recognizing the academic achievements of college students and providing them with opportunities to develop as scholars and leaders. With an operating budget of $16.7 million and total revenue of $17.1 million for the 2024 filing year, the organization is supported by multiple funders, none of which contribute 50% or more of its revenue. For more information, visit their website at PTK.ORG.

Mission Statement

THE MISSION OF PHI THETA KAPPA IS TO RECOGNIZE ACADEMIC ACHIEVEMENT OF COLLEGE STUDENTS AND TO PROVIDE OPPORTUNITIES FOR THEM TO GROW AS SCHOLARS AND LEADERS.
Revenues
$17.1M
Expenses
$18.7M
Net Income:
-$1.6M
Assets
$28.9M
Liabilities
$2.9M
Net Assets:
+$26M
Operating Budget
$16.7M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
3
Median grant size
$443K
Largest grant received
$2.1M
D
DR Lynn Tincher-Ladner
Board Member
A
Amanda Gorman
Board Member
D
DR Michael Odu
Board Member

Frequently Asked Questions

What is PHI THETA KAPPA’s budget?
In 2024, PHI THETA KAPPA reported an annual operating budget of around $16.7 million. More detailed financial information is available to registered users.
Where does PHI THETA KAPPA operate?
PHI THETA KAPPA is headquartered in Jackson, MS.
Who funded PHI THETA KAPPA recently?
In 2024, PHI THETA KAPPA received grants from PHI THETA KAPPA FOUNDATION, COCA-COLA SCHOLARS FOUNDATION INC, and Arthur J Gallagher Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant PHI THETA KAPPA received in 2024?
The largest grant to PHI THETA KAPPA in 2024 exceeds $2.1 million.