2024-03-20T16:53:47-05:00 2023-06-30 135565207 KPMG LLP 301 MAIN STREET SUITE 2150 BATON ROUGE LA 70801 990 2022-07-01 951856406 THE HONOR SOCIETY OF PHI KAPPA PHI HONO 2253884917 7576 GOODWOOD BLVD BATON ROUGE LA 70806 BRADLEY R NEWCOMER EXECUTIVE DIRECTOR/CEO 2253884917 2024-03-20 1 BRADLEY NEWCOMER 999009999 0 RYAN HOOKS P00746825 2253444000 2024-03-05 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BRADLEY R NEWCOMER 7576 GOODWOOD BLVD BATON ROUGE LA 70806 4768668 0 3488 X WWW.PHIKAPPAPHI.ORG X 1972 LA TO RECOGNIZE AND PROMOTE ACADEMIC EXCELLENCE IN ALL FIELDS OF HIGHEREDUCATION AND TO ENGAGE THE COMMUNITY OF SCHOLARS IN SERVICE TOOTHERS. 11 11 26 11 92404 0 3063949 2894741 0 135340 3091260 97289 154455 180725 6309664 3308095 1048610 1197491 0 0 2244316 2226953 0 0 173888 2038824 2593108 5331750 6017552 977914 -2709457 65517375 67755335 11334346 11381171 54183029 56374164 X TO RECOGNIZE AND PROMOTE ACADEMIC EXCELLENCE IN ALL FIELDS OF HIGHEREDUCATION AND TO ENGAGE THE COMMUNITY OF SCHOLARS IN SERVICE TOOTHERS. 0 0 3878879 1197491 135340 PKP RECOGNIZES AND PROMOTES ACADEMIC EXCELLENCE IN ALL FIELDS OF HIGHER EDUCATION AND ENGAGES THE COMMUNITY OF SCHOLARS IN SERVICES TO OTHERS. THE HONOR SOCIETY OF PHI KAPPA PHI (PKP) SUPPORTS OVER 300 CHAPTERS AT COLLEGES AND UNIVERSITIES ACROSS THE UNITED STATES, ITS TERRITORIES IN GUAM AND PUERTO RICO, AND IN THE PHILIPPINES. COLLECTIVELY, PKP AND ITS CHAPTERS PROMOTE ACADEMIC EXCELLENCE AND PROVIDE MEMBERSHIP BENEFITS TO ITS NEARLY 100,000 MEMBERS.SINCE 1932 PKP HAS SUPPORTED THE EDUCATIONAL PURSUITS OF ITS MEMBERS THROUGH ROBUST AND COMPETITIVE AWARD AND GRANT PROGRAMS. THE SOCIETY AWARDS OVER $1 MILLION EACH YEAR TO OUTSTANDING STUDENTS, MEMBERS, CHAPTERS, AND ORGANIZATIONS BY WAY OF ACADEMIC FELLOWSHIPS, FACULTY SABBATICALS, AWARDS, AND GRANTS. FROM FELLOWSHIPS UP TO $35,000 TO $1,000 STUDY ABROAD GRANTS TO $1,000 LOVE OF LEARNING GRANTS, THE SOCIETY HAS A LONG HISTORY OF SUPPORTING THE EDUCATIONAL PURSUITS OF ITS MEMBERS.PKP'S 322 CHAPTERS ARE ENCOURAGED TO SPONSOR CAMPUS AND COMMUNITY EVENTS THAT RECOGNIZE AND PROMOTE ACADEMIC EXCELLENCE AND COMMUNITY ENGAGEMENT. PKP SUPPORTS ITS CHAPTERS BY PROVIDING TRAINING TO STRENGHTEN CHAPTERS AND PROMOTE ITS MISSION ON NUMEROUS COLLEGE AND UNIVERSITY CAMPUSES BY DEVELOPING LEADERSHIP STRATEGIES AND OUTREACH OPPORTUNITIES FOR THEIR CHAPTERS AND MEMBERS. 3878879 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 30 0 1 26 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AK AL AR CA CO CT GA HI MA NC ND NH NJ NV OR PA SC TN UT VA WA DC X X BRAD JEWELL 2253884917 7576 GOODWOOD BLVD BATON ROUGE LA 70806 JOANN CANALES PHD DIRECTOR 1.00 X 0 0 0 MATTIA MIGLIORE PHD DIRECTOR 1.00 X 0 0 0 PHILIP PHILLIPS PHD DIRECTOR 1.00 X 0 0 0 RON TULLEY PHD DIRECTOR 1.00 X 0 0 0 LESLIE ZENK PHD DIRECTOR 1.00 X 0 0 0 ALEX SHANTIAI DIRECTOR 1.00 X 0 0 0 RUTH NICHOLS DIRECTOR 1.00 X 0 0 0 LORA BECKER PHD PRESIDENT 1.00 X X 0 0 0 SHARHONDA RUSH MBA PRESIDENT-ELECT 1.00 X X 0 0 0 DAN SANDWEISS PHD PAST PRESIDENT 1.00 X X 0 0 0 GEORGE RANDELS PHD DIRECTOR 1.00 X 0 0 0 BRADLEY R NEWCOMER PHD MBA EXECUTIVE DIRECTOR/SECRETARY 48.00 X 240308 0 8378 TRACI NAVARRE CHIEF OPERATING OFFICER 45.00 X 159453 0 25918 BRAD JEWELL CHIEF FINANCIAL OFFICER/TREASURER 50.00 X 183154 0 28525 582915 0 62821 3 0 1 0 FRANKLIN PRESS INC PO BOX 1269 BATON ROUGE LA 70821 MARKETING AND PRINTING 467335 LSC COMMUNICATIONS US LLC PO BOX 932987 CLEVELAND OH 44193 FORUM MAGAZINE 191540 2 2559610 335131 2894741 CONVENTION REVENUE 900099 61281 61281 MISCELLANEOUS REVENUE 900099 43473 43473 CHARTER & PETITION FEES 900099 19250 19250 FUNDS FROM WITHDRAWN CHAPTERS 900099 11336 11336 135340 1482823 1482823 244123 92404 151719 1385534 -1385534 -1385534 -1385534 11641 75039 -63398 -63398 3308095 71942 92404 249008 100000 100000 1061491 1061491 36000 36000 582916 277533 247091 58292 1086924 779092 277403 30429 139138 88054 43690 7394 287778 176721 96218 14839 130197 82397 40882 6918 38533 38533 49162 49162 60946 60946 479790 327378 150074 2338 133186 79508 53678 716901 340547 376354 383858 59262 324596 62553 62553 470896 470896 75760 75760 27793 27793 MISCELLANEOUS 93730 93730 6017552 3878879 1964785 173888 219701 211988 374367 412399 52746 13161 225568 156043 2763659 1384040 1422584 1379619 63202701 65504560 19708 77565 65517375 67755335 446369 412255 10798377 10823157 89600 128528 0 17231 11334346 11381171 X 51167200 53199886 3015829 3174278 54183029 56374164 65517375 67755335 -2709457 4900592 0 X X 0 1 X 1 0 X 2795463 2615058 4353422 3063949 2894741 15722633 2795463 2615058 4353422 3063949 2894741 15722633 832612 14890021 754203 751230 1145661 3207342 1634542 7492978 23215611 239443 0.64140 0.66630 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 35698630 128566 3043102 1197491 415628 37257179 43368238 76763 -5840457 1048610 857304 35698630 35147139 6413780 1962819 155500 43368238 34403091 451405 1676157 826423 12196 544895 35147139 32607325 856222 2210841 753768 7881 509648 34403091 0.90020 0.09980 0 0 114000 114000 1438395 585945 852450 792893 734410 58483 418371 63685 354686 1379619 OPERATING LEASE RIGHT-OF-USE LIABILITIES 17231 17231 X 8222782 4900592 75039 4975631 3247151 60944 60944 3308095 6031647 75039 75039 5956608 60944 60944 6017552 PART IV, LINE 2B: THE SOCIETY HOLDS IN ESCROW, DUES AND CONTRIBUTIONS RECEIVED FOR CHAPTERS THAT ARE CURRENTLY INACTIVE OR DO NOT MAINTAIN OFFICERS. ONCE THE CHAPTER HAS BEEN REACTIVATED OR APPOINTS NEW OFFICERS, THE ESCROW FUNDS ARE SENT TO THE CHAPTER. PART X, LINE 2: UNCERTAIN TAX POSITIONS ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ENTITY IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COGS RECLASS PART XI, LINE 4B - OTHER ADJUSTMENTS: BROKER FEES RECLASS PART XII, LINE 2D - OTHER ADJUSTMENTS: COGS RECLASS PART XII, LINE 4B - OTHER ADJUSTMENTS: BROKER FEES RECLASS PART V, LINE 4 THE ENDOWMENTS ARE USED FOR THE SOCIETY'S TAX EXEMPT PURPOSE: TO RECOGNIZE AND PROMOTE ACADEMIC EXCELLENCE IN ALL FIELDS OF HIGHER EDUCATION AND TO ENGAGE THE COMMUNITY OF SCHOLARS IN SERVICE TO OTHERS. AS PART OF THE MISSION, THE ORGANIZATION GIVES OUT APPROXIMATELY $1 MILLION ANNUALLY IN ACADEMIC FELLOWSHIPS, AWARDS, AND GRANTS. PART X, LINE 2 ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ENTITY IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. 1 CENTRAL AMERICA AND THE CARIBBEAN GRANTMAKING 1500 EAST ASIA AND THE PACIFIC GRANTMAKING 27500 EUROPE (INCLUDING ICELAND & GREENLAND) GRANTLMAKING 1000 MIDDLE EAST AND NORTH AFRICA GRANTMAKING 10000 NORTH AMERICA GRANTMAKING 3500 RUSSIA AND NEIGHBORING STATES GRANTMAKING 1000 SOUTH AMERICA GRANTMAKING 500 SOUTH ASIA GRANTMAKING 34500 SUB-SAHARAN AFRICA GRANTMAKING 7000 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, FUNDRAISING ACTIVITIES EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM FUNDRAISING ACTIVITIES 0 0 0 0 0 0 79500 7000 86500 LOVE OF LEARNING GRANT AND GRADUATE RESEARCH NORTH AMERICA 3 3500 ACH LOVE OF LEARNING GRANT EUROPE (INCLUDING ICELAND & GREENLAND) 2 1000 ACH LOVE OF LEARNING GRANT RUSSIA 2 1000 ACH LOVE OF LEARNING GRANT, GRADUATE RESEARCH, DISSERTATION ASSISTANCE, STUDY ABROAD EAST ASIA AND THE PACIFIC 12 27500 ACH LOVE OF LEARNING GRANT, GRADUATE RESEARCH, DISSERATION ASSISTANCE, STUDY ABROAD, FELLOWSHIP ASSISTANCE SOUTH ASIA 10 34500 ACH LOVE OF LEARNING GRANT SOUTH AMERICA 1 500 ACH LOVE OF LEARNING GRANT, GRADUATE RESEARCH, STUDY ABROAD SUB-SAHARAN AFRICA 8 7000 ACH GRADUATE RESEARCH CENTRAL AMERICA 1 1500 ACH DISSERTATION ASSISTANCE MIDDLE EAST 1 10000 ACH 0 0 0 0 0 0 PART I, LINE 2: ALL AWARD RECIPIENTS ARE REQUIRED TO SUBMIT A YEAR-END REPORT DETAILING THEIR EXPERIENCE FOR THE SOCIETY'S RECORDS AND MARKETING PURPOSES. THE SOCIETY'S AWARDS PROGRAM IS DIVERSE AND SO IS THE REQUIRED YEAR-END DOCUMENTATION FOR ANY GIVEN PROGRAM. FOR EXAMPLE, THE FELLOWSHIP PROGRAM REQUIRES FURTHER DETAILS SUCH AS A CERTIFICATE OF REGISTRATION TO BE COMPLETED IN CONJUNCTION WITH THE UNIVERSITY'S REGISTRAR CERTIFYING MATRICULATION INTO GRADUATE SCHOOL. ANOTHER EXAMPLE IS THE LITERACY GRANT PROGRAM IN WHICH RECIPIENTS MUST PROVIDE ITEMIZED RECEIPTS IN ADDITION TO A YEAR-END REPORT AT THE CONCLUSION OF THE PROJECT. FINALLY, WE RANDOMLY SELECT RECIPIENTS TO BE FEATURED IN VARIOUS MARKETING COLLATERAL SUCH AS BLOG AND SOCIAL MEDIA TESTIMONIALS, FORUM FEATURE ARTICLES, AND VIDEOS OUTLINING THEIR EXPERIENCE TO BE USED TO PROMOTE THE AWARDS PROGRAM. PART I, LINE 3: THE TAXPAYER USES THE ACCRUAL METHOD TO ACCOUNT FOR EXPENDITURES. PART III ACCOUNTING METHOD: PART III THE TAXPAYER USES THE ACCRUAL METHOD TO ACCOUNT FOR EXPENDITURES. X X X X 1 BOB CARTER COMPANIES LLC DBA CARTER 2145 14TH AVENUE SUITE 26 VERO BEACH FL 32960 STRATEGIC FUNDRAISING CONSULTING 0 0 17100 -17100 17100 -17100 AK AL AR CA CO CT GA HI MA NC ND NH NJ NV OR PA SC TN UT VA WA DC 1 LONGWOOD UNIVERSITY 201 HIGH STREET FARMVILLE VA 23909 546001788 501(C)(3) 100000 0 EXCELLENCE IN INNOVATION AWARD 1 LITERACY PROGRAM 16 31991 FELLOWSHIPS FOR FIRST-YEAR GRADUATE STUDENTS 61 652000 0 INTERNSHIP PROGRAM 119 119000 LOVE OF LEARNING PROGRAM 178 89000 FUNDS FOR GRADUATE STUDENT RESEARCH 12 18000 DISSERTATION FELLOWSHIP PROVIDES FUNDS FOR MEMBERS WHO ARE DOCTORAL CANDIDATES AND ARE COMPLETING DISSERTATIONS 10 100000 SCHOLAR/ARTIST SERVICE AWARD 2 2000 PART I, LINE 2 ALL AWARD RECIPIENTS ARE REQUIRED TO SUBMIT A YEAR-END REPORT DETAILING THEIR EXPERIENCE FOR THE SOCIETY'S RECORDS AND MARKETING PURPOSES. THE SOCIETY'S AWARDS PROGRAM IS DIVERSE AND SO IS THE REQUIRED YEAR-END DOCUMENTATION FOR ANY GIVEN PROGRAM. FOR EXAMPLE, THE FELLOWSHIP PROGRAM REQUIRES FURTHER DETAILS SUCH AS A CERTIFICATE OF REGISTRATION TO BE COMPLETED IN CONJUNCTION WITH THE UNIVERSITY'S REGISTRAR CERTIFYING MATRICULATION INTO GRADUATE SCHOOL. ANOTHER EXAMPLE IS THE LITERACY GRANT PROGRAM IN WHICH RECIPIENTS MUST PROVIDE ITEMIZED RECEIPTS IN ADDITION TO A YEAR-END REPORT AT THE CONCLUSION OF THE PROJECT. FINALLY, WE RANDOMLY SELECT RECIPIENTS TO BE FEATURED IN VARIOUS MARKETING COLLATERAL SUCH AS BLOG AND SOCIAL MEDIA TESTIMONIALS, FORUM FEATURE ARTICLES, AND VIDEOS OUTLINING THEIR EXPERIENCE TO BE USED TO PROMOTE THE AWARDS PROGRAM. X X X X 0 0 0 0 0 0 0 0 0 BRADLEY R NEWCOMER PHD MBA EXECUTIVE DIRECTOR/SECRETARY 240308 0 0 0 0 0 0 0 8378 0 248686 0 0 0 BRAD JEWELL CHIEF FINANCIAL OFFICER/TREASURER 183154 0 0 0 0 0 20147 0 8378 0 211679 0 0 0 TRACI NAVARRE CHIEF OPERATING OFFICER 159453 0 0 0 0 0 17540 0 8378 0 185371 0 0 0 PART I, LINE 3 THE BOARD OF DIRECTORS IS THE AUTHORIZED BODY TO APPROVE THE COMPENSATION OF SOCIETY OFFICERS. THE BOARD HAS AUTHORIZED THE HUMAN RESOURCES COMMITTEE ("HRC") TO PREPARE AND REVIEW COMPENSATION DATA AND INFORMATION ASSOCIATED WITH THE REBUTTABLE PRESUMPTION PROCESS AND PROVIDE COMPENSATION RECOMMENDATIONS TO THE BOARD FOR FINAL APPROVAL OF OFFICER COMPENSATION. FINAL APPROVAL AND MODIFICATIONS, IF ANY, TO THE HRC'S COMPENSATION RECOMMENDATIONS RESTS WITH THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS AND THE HRC UTILIZE COMPARABILITY DATA SUCH AS COMPENSATION SURVEYS AND THE IRS FORM 990 OF OTHER SIMILAR ORGANIZATIONS TO ANALYZE AND SET EXECUTIVE COMPENSATION. FORM 990, PART VI, SECTION A, LINE 6 THE HONOR SOCIETY OF PHI KAPPA PHI HAS 99,282 ACTIVE DUES-PAYING MEMBERS AND 322 ACTIVE CHAPTERS. FORM 990, PART VI, SECTION A, LINE 7A PHI KAPPA PHI MEMBERS, THROUGH THEIR PHI KAPPA PHI DELEGATES, VOTE FOR ALL BOARD POSITIONS. FORM 990, PART VI, SECTION A, LINE 7B SOCIETY MEMBERS (REPRESENTED BY CHAPTER OFFICERS) NEED TO APPROVE CHANGES TO THE SOCIETY'S BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS SENT ELECTRONICALLY TO ALL BOARD MEMBERS FOR REVIEW AND COMMENTS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY. ONCE A YEAR, MEMBERS OF THE STAFF AND THE BOARD OF DIRECTORS ARE ASKED TO DISCLOSE, BY SIGNING A FORM, ANY INTERESTS THAT WOULD GIVE RISE TO CONFLICTS. THE BOARD OF DIRECTORS WILL REVIEW ANY DISCLOSURES AND DETERMINE IF A CONFLICT OF INTEREST EXISTS. IF A CONFLICT EXISTS, THE BOARD OF DIRECTORS WILL LOOK FOR OTHER OPTIONS. IF OTHER OPTIONS ARE NOT REASONABLE, THE CONFLICTED PERSON WILL BE RECUSED FROM THE DISCUSSION AND VOTE ON ANY PROPOSED TRANSACTION OR ARRANGEMENT INVOLVING THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS IS THE AUTHORIZED BODY TO APPROVE THE COMPENSATION OF SOCIETY OFFICERS. THE BOARD HAS AUTHORIZED THE HUMAN RESOURCES COMMITTEE ("HRC") TO PREPARE AND REVIEW COMPENSATION DATA AND INFORMATION ASSOCIATED WITH THE REBUTTABLE PRESUMPTION PROCESS AND PROVIDE COMPENSATION RECOMMENDATIONS TO THE BOARD FOR FINAL APPROVAL OF OFFICER COMPENSATION. FINAL APPROVAL AND MODIFICATIONS, IF ANY, TO THE HRC'S COMPENSATION RECOMMENDATIONS RESTS WITH THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS AND THE HRC UTILIZE COMPARABILITY DATA SUCH AS COMPENSATION SURVEYS AND THE IRS FORM 990 OF OTHER SIMILAR ORGANIZATIONS TO ANALYZE AND SET EXECUTIVE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S BY-LAWS, FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND 990'S ARE AVAILABLE ON THE SOCIETY'S WEBSITE. PART XII LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.