2012-05-11T13:49:46-05:00 2011-12-31 201941244 HORNE LLP 1020 HIGHLAND COLONY PKWY STE 400 RIDGELAND MS 39157 990 2011-01-01 646012238 PHI THETA KAPPA PHIT 6019843504 PO BOX 13729 JACKSON MS 392363729 ROD A RISLEY 6019843504 2012-05-10 1 MARSHA H DIECKMAN CPA P00246741 6013261000 2012-05-04 2011 2016-02-24 21:20:13Z PHI THETA KAPPA HONOR SOCIETY ROD A RISLEY 1625 EASTOVER DRIVE JACKSON MS 39211 12188013 0 X PTK.ORG X 1977 MS PHI THETA KAPPA IS AN HONOR SOCIETY FOR STUDENTS AT TWO-YEAR COLLEGES WITH THE PURPOSE OF RECOGNIZING AND ENCOURAGING SCHOLARSHIP AMONG THESE STUDENTS. 7 6 104 135500 0 0 861564 1260493 7655646 8537503 64088 161325 1838612 1613960 10419910 11573281 589237 606179 67158 75212 4881200 5018543 0 0 113168 4745014 5721961 10282609 11421895 137301 151386 12304771 12743062 3828951 4324043 8475820 8419019 X THE PURPOSE OF PHI THETA KAPPA SHALL BE TO RECOGNIZE AND ENCOURAGE SCHOLARSHIP AMONG TWO-YEAR COLLEGE STUDENTS. TO ACHIEVE THIS PURPOSE, PHI THETA KAPPA SHALL PROVIDE OPPORTUNITY FOR THE DEVELOPMENT OF LEADERSHIP AND SERVICE, FOR AN INTELLECTUAL CLIMATE FOR EXCHANGE OF IDEAS AND IDEALS, FOR LIVELY FELLOWSHIP FOR SCHOLARS, AND FOR STIMULATION OF INTEREST IN CONTINUING ACADEMIC EXCELLENCE. 0 0 8902010 606179 10151463 LEADERSHIP PROGRAMS, DEVELOPMENT PROGRAMS, ACADEMIC SCHOLARSHIP RECOGNITION, AND ACADEMIC EXCELLENCE PUBLICATIONS. 8902010 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 37 0 1 104 1 0 0 0 0 0 1 1 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 1 0 1 1 0 1 1 1 1 0 1 1 0 X ROD A RISLEY 6019843504 1625 EASTOVER DRIVE JACKSON MS 39211 DR ROD A RISLEY 40.00 X X 344021 0 299074 EVERETT C JOHNSON 2.00 X 0 0 0 DR GEORGE BOGGS 2.00 X 0 0 0 DR MARY HOOD 2.00 X 0 0 0 TAMEKA WILSON 2.00 X 0 0 0 DAN BAILEY 2.00 X 0 0 0 DR WALTER BUMPHUS 2.00 X 0 0 0 DEIDRA A DAWS 40.00 X 127853 0 3490 ELLEN C ROSTER 40.00 X 199458 0 72382 SARALYN S QUINN 40.00 X 100353 0 12908 771685 0 387854 4 0 1 0 GRAYCO SYSTEMS INC 201 CAMPBELL LOOP HATTIESBURG MS 39401 COMPUTER PROG. & MAILING SERV. 347343 FEDERAL EXPRESS PO BOX 371599 PITTSBURGH PA 15250 SHIPPING SERVICES 326944 TEK PRODUCTIONS LLC 4403 VINELAND ROAD SUITE B17 ORLANDO FL 32811 STAGING & LIGHTING 283867 BOSTON UNIVERSITY 225 BAY STATE ROAD BOSTON MA 02215 EVENTS & CONFERENCES 240454 HEDERMAN BROTHERS INC PO BOX 6100 RIDGELAND MS 39158 PRINTING SERVICES 228783 8 1092112 168381 1260493 MEMBERSHIP DUES 611710 5969705 5969705 CONVENTION FEES 611710 1052024 1052024 REGIONAL PROGRAM FEES 611710 481593 481593 COLLEGE FISH SUBSCRIPT 611710 460650 460650 HONORS INSTITUTE TUITI 611710 343975 343975 229556 229556 8537503 74965 74965 86360 86360 86360 86360 2183675 614732 1568943 1568943 MISCELLANEOUS REVENUE 900099 45017 45017 45017 11573281 10151463 0 161325 606179 606179 75212 75212 1046278 416552 629726 3239123 3003556 235567 107305 71468 35837 360519 248399 112120 265318 166877 98441 10612 2025 8587 33744 33744 24943 24064 879 126069 54485 71584 198945 97021 101924 449728 382476 67252 558411 193904 251339 113168 508934 317888 191046 44861 44861 SUBSISTENCE 1040192 978310 61882 PROGRAM 978696 949112 29584 PRINTING AND PUBLICATIO 367256 336147 31109 SHIPPING 324314 321681 2633 1055256 656654 398602 11421895 8902010 2406717 113168 1837204 2867461 104639 45615 1145772 415295 124803 224199 239755 240344 10421446 5144620 5509641 5276826 3063428 3157421 384168 411262 12304771 12743062 908567 1086603 2920384 3237440 3828951 4324043 X 7629052 7443160 846768 975859 8475820 8419019 12304771 12743062 X 151386 -208187 X X 0 1 1 X 0 X 4586812 5145984 5661642 6404857 7230198 29029493 4586812 5145984 5661642 6404857 7230198 29029493 29029493 135905 72213 33336 58753 74965 375172 29404665 20604011 0.98720 0.98430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 1 1 1 0.00000 0.00000 0.00000 0 1 1 900000 900000 4020092 1461072 2559020 2674165 2674165 0 2827189 1009383 1817806 5276826 DEFERRED COMPENSATION PAYABLE 2125472 TAX DEFERRED BONUS OPTION PLAN PAYABLE 1111968 3237440 11573281 11421895 151386 -208187 -208187 -56801 11365094 -208187 -208187 11573281 0 11573281 11421895 0 11421895 0 11421895 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ALL ENDOWMENTS ARE HELD AND ADMINISTERED BY PHI THETA KAPPA FOUNDATION, WHOSE MISSION IS TO SECURE THE FINANCIAL RESOURCES TO SUPPORT THE VALUES, VISIONS, AND PRIORITIES OF PHI THETA KAPPA HONOR SOCIETY. FOUNDATION REPORTS THESE ENDOWMENT BALANCES ON THEIR FORM 990, SCHEDULE D. PLEASE NOTE THAT THE $1 IN CONTRIBUTIONS AND $1 IN EXPENDITURES IS ONLY FOR THE PURPOSES OF GETTING THE RETURN QUALIFIED FOR ELECTRONIC FILING. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). IN ACCORDANCE WITH ASC TOPIC 740, THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2011 AND 2010. ALL TAX PERIODS AFTER 2007 REMAIN OPEN TO EXAMINATION BY THE FEDERAL AND STATE TAXING JURISDICTIONS TO WHICH THE ORGANIZATION IS SUBJECT. 1 SCHOLARSHIP ASSISTANCE FOR PHI THETA KAPPA STUDENTS 581 606179 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: EACH SCHOLARSHIP PROGRAM ADMINISTERED BY PHI THETA KAPPA CONTAINS ELIGIBILITY REQUIREMENTS WHICH ARE DESCRIBED IN THE APPLICATION. SCHOLARSHIP CRITERIA MAY INCLUDE A MINIMUM CUMULATIVE GRADE POINT AVERAGE, MINIMUM OR MAXIMUM NUMBER OF COURSES COMPLETED, DEMONSTRATION OF LEADERSHIP SKILLS, WRITTEN RESPONSES TO DISCUSSION OR ESSAY QUESTIONS, AND DESCRIPTIONS OF ENGAGEMENT IN COMMUNITY SERVICE AND HONORS RESEARCH. STUDENTS MUST PROVIDE PROOF OF ENROLLMENT, IDENTIFY PROPOSED USE OF FUNDS, AND AFFIRM PROGRAM COMPLIANCE IN ORDER TO RECEIVE SCHOLARSHIP AWARDS. 1 X X X X X X 0 1 0 0 0 0 0 0 0 DR ROD A RISLEY 280000 0 50000 0 14021 0 291605 0 7469 0 643095 0 0 0 ELLEN C ROSTER 192739 0 0 0 6719 0 48878 0 23504 0 271840 0 0 0 PART I, LINE 4B THE FOLLOWING EMPLOYEES PARTICIPATED IN A 457(F) PLAN: DR. ROD A. RISLEY ELLEN C. ROSTER FORM 990, PART VI, SECTION B, LINE 11 MANAGEMENT OF PHI THETA KAPPA COORDINATES AND REVIEWS THE FORM 990 PREPARATION WITH AN INDEPENDENT ACCOUNTING FIRM IN CONJUNCTION WITH THE COMPLETION OF AN ANNUAL FINANCIAL STATEMENT AUDIT. THE EXECUTIVE DIRECTOR OF PHI THETA KAPPA REVIEWS AND SIGNS THE RETURN PRIOR TO FILING. THE BOARD'S FINANCE COMMITTEE IS PRESENTED ANNUALLY THE COMPLETED FORM 990 FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE PHI THETA KAPPA BOARD REVIEWS THE CURRENT CONFLICT OF INTEREST POLICY AT A REGULARLY SCHEDULED BOARD MEETING EACH YEAR. TIME IS SET ASIDE FOR A DISCUSSION PERTAINING TO CONFLICT OF INTEREST ISSUES. AT ANY TIME, LEGAL COUNSEL IS AVAILABLE IF THERE ARE ISSUES IN QUESTION. EACH BOARD MEMBER, OFFICER AND KEY EMPLOYEE IS REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST FORM EACH YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE PHI THETA KAPPA BOARD OF DIRECTORS AUTHORIZED COMMITTEE UTILIZES DUE DILIGENCE AND PROCEDURES INCLUDING THE USE OF INDEPENDENT CONSULTANTS AND EXAMINATION OF COMPARABLE DATA DURING THE DELIBERATION AND DECISION OF COMPENSATION FOR TOP MANAGEMENT, OFFICERS AND KEY EMPLOYEES. THIS DELIBERATION AND DECISION INCLUDES CONTEMPORANEOUS SUBSTANTIATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -208,187. AUDIT COMMITTEE FORM 990, PART XII, LINE 2C THERE HAVE BEEN NO CHANGES FROM THE PRIOR YEAR IN THE WAY THE ORGANIZATION SELECTS AND MONITORS THE AUDITOR. ESTIMATE OF VOLUNTEERS FORM 990, PART I, LINE 6 PHI THETA KAPPA ORGANIZATION SERVICES DERIVE FROM FULL-TIME AND PART-TIME VOLUNTEER ACTIVITIES. ESTIMATES ARE BASED ON CURRENT YEAR INDUCTED MEMBERS, CHAPTER ADVISORS, AND HEADQUARTERS STAFF. SERVICES ARE ALSO PROVIDED BY ALUMNI, FACULTY AT INSTITUTIONS WITH CHAPTERS, AND MEMBERS INDUCTED IN PRIOR YEARS. ACTIVITIES PERFORMED SUPPORT THE PHI THETA KAPPA HALLMARKS OF LEADERSHIP, SERVICE, FELLOWSHIP, AND SCHOLARSHIP. PHI THETA KAPPA FOUNDATION 1625 EASTOVER DRIVE JACKSON MS 39211 205469890 FUNDRAISING MS 501(C)(3) 170(B)(1)(A) (VI) 0 PHI THETA KAPPA GROUP 1625 EASTOVER DRIVE JACKSON MS 39211 237047681 HONOR SOCIETY COLLEGE CHAPTERS - GROUP MS 501(C)(3) 509(A)(2) 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 PHI THETA KAPPA FOUNDATION C 1092112 CASH PHI THETA KAPPA FOUNDATION M 88130 CASH PHI THETA KAPPA FOUNDATION N 470281 CASH PHI THETA KAPPA FOUNDATION B 558411 CASH PHI THETA KAPPA FOUNDATION P 237465 CASH