Return of Organization Exempt From Income Tax 01,111 No 1S4SOW Farm Under section 501jc), 527, or 4947(a)(1) of the Internal Revenue Code (except black loop 990 benefit trust or private foundation) owarVn%nt or Me rntasuy °p~2002 ~0 Public Imemei Rwmue service 1 The organization may have to use a copy of this return la satisfy state reporting requirements kiLaBCtlpf1 . A For the 2002 calendar year, or tax year period beginning B Chsk if PI ~e C Name of organization D Employer Identification number IRS AOd- I,~nnt~;PHI THETA KAPPA E~Icnariae N. =a .g. see Number and street (or P 0 box if mail is not delivered to street address) RoaMSUrte I E Telephone number =.Iumln,UW spwri-P .O . BOX 13729 601-984-3565 Flnsl Inattuc- ~~wm nova City or down, slate or country, and ZIP + 4 F eaounaromeaia¢ D Cash EXI Accrual °° ACKSON MS 39236-3729 QPApai ouon e Section 501(c)(3) organizations and C947(a)(1) nonexempt charitable trus H end I are not applicable to section 527 organizations must attach a completed Schedule A (Form 990 or 990-EZ) H(a) Is this a group return for affiliates? Yes No H(b) It Yes ; enter number otaffiliates IN- J Organization type (~yoeN,ine) " U 501(c) ( 3 )1 onsenno) U 49471a1(1) or U 52 His) Are all affiliates included ? N/A Yes No " (If 'N0,' attach a list ) K Check here = it the organization's grass receipts are normally not more loan $25,000 The HBO) Is this a separate return filed by an or- ,-, organization need not file a return with the IRS, but d the organization received a Forth 990 Package in the mail, it should file a return without financial data Some states require a complete return M Check " U d the organization is not required to attach L Gross receipts Add lines 6b, 8D, 9b, and 10b to line 12 . 7,788,743 . Sch B(FOrm 990.990-EZ,or990-PF) Part I Revenue Expenses, and Changes in Net Assets or Fund Balances 1 Contributions, gifts grants, and similar amounts received a Direct public support Its 256 , 42 h Indirect public support 16 e Government contributions (prants) 1s 270 20 d Total (add lines 1a through 7c) (cash $ 526,626 . nancash $ ) 526,626 . 2 Program service revenue including government tees and contracts (from Part VII, line 93) 3 Membership dues and assessments d Interest on savings and temporary cash Investments 5 Dividends and Interest from securities 6 a Gross rents 6a b Less rental expenses 5b C Net rental income or (loss) (subtract line 6b tram line 6a) v 7 Other investment income (describe 'c a Gross amount from A L B sale of assets other Securities II I Other than inventory 3 9 0 598 . 1 Be b Less cost or other basis and sales expenses 4 4 8 517 . 1 gp c Gain or (loss)(attach schedule 7 9 1 9 . 8e d Net pain or (loss) (combine tin 8c,co IRt 1 <57,919 .> 9 Special events and activities (a ach r" --~~I a Gross revenue (nolincludinp `I of ributions reported on line t a) c~v ~Q ~ 9a b Less direct expenses other th fu ses ~ ~ 9D c Net income or (loss) from spe c al eve ~Ll~ 9b fi ~ line 9 ) 10 a Gross sales of invantory,less r 1Oa 1 352 64 D Less costotgoodssold lob 585 , 38 e Gross profit or (lass) from sales of inventory (attach schedule) (subtract line 70b from line 10a) Stmt 2 11 Other revenue (from Part VII, line 103) v 13 Program services (tram line 44, column (8)) 14 Management and general (tram line 44, column (C)) 15 Fundraising (from line 44, column (D)) w 18 Payments to affiliates (attach schedule) 17 Total ex penses add lines 16 and 44 column A 18 Excess or (debut) for the year (subtract line 17 from line 12) v u 19 Net assets or fund balances at beginning of year (tram line 73, column (A)) ~ 20 Other changes inn9Iassets 0rtundbalances (2II2ChExpItn3ti0n) $22 Statement 3 <147,262 . > ,005,728 . of-zx os LHA For Paperwork Reduction Act Notice, see the separate Instructions Farm 990 (2002) 1 11081020 353375 646012238 2002 .06030 PHI THETA KAPPA 64601221 ind (0) are required for se ction 501(c)(3) Page p hle trusts but optional for others !JO not include amounts reported on line (C) Management 6b. 8b, 9b, 10b, or 16 of Part / (A) Tata I and general (0) Fundraising 22 Grants and allocations (attach schedule) a cash $-n.n..h $ 23 Specific assistance to individuals (attach schedule) 24 Benefits paid to or for members (attach schedule) 25 Compensation of officers, directors, etc 26 Other salanes and wages 2 882 07( 27 Pension plan contributions 28 Other employee benefits 258 , 96S 29 Payroll taxes 62 .429 30 Professional tundraising tees 31 Accounting fees 32 Legal fees 33 Supplies 34 Telephone 35 Postage and sipping 6 36 Occupancy 37 Equipment rental and maintenance 9 38 Printing and publications 44 39 Travel 066 40 Conferences, conventions, and meetings 41 Interest 42 Depreciation, depletion BtC (attach schedule) 43 Other expenses not covered above (itemize) a b c a e See Statement 4 44 qpanineaucomptrunp cdurdis IBS{P~if tioytiiee tbuistulinm 13 15 144 I b , 1 L J , 17 `! . ~ 4 , 1 U Z , Y .i 1 . ~ L 1U l U , 91 1 . Joint Costs Check " ~ you are follawinp SOP 98.2 Are any point costs from a combined educational campaign and fundraising solicitation reported in (B) Program services " 0 Yes ~X No It Yes; enter (I) the aggregate amount of these point costs E , (II) the amount allocates to Program services $ Weal is the organization's primary exempt purposes 01 TO PROMOTE ACADEMIC EXCELLENCE . Pro ~ramServlce All organizations must Cmcrloe their aramot Purpose ~hImemente in a desran7 mnclx manner State the numberol clients servW, Publications lasuq att Discuss zpentes srJilavmenp met en not nqvunible (9acdon 501(c)('J) (4) dB<7()/1) (Re 9uIreC far 501(c)(3) e and organizations and nonexempt tJivIGGie trash must alto enter the amount of 0grant, and (d) Oip7 , and d9/7(lM allocations b others) trusts, OuIOpHOnNbran a THE PURPOSE OF PHI THETA KAPPA IS TO NURTURE ACADRMTC 4 b c d and allocations Service Expenses (should equal line Form 990 (2002) 2 11081020 353375 646012238 2002 .06030 PHI THETA KAPPA 64601221 Form 990(2002) PHZ TH~TA KAPPA 64-6012238 Page 3 Part IV Balance Sheets Note Where required, attached schedules end amounts within the description column (A) (B) should be for end-of-year amounts only Beginning of year End of year 45 Cash-non-interest-bearing 427 511 . 45 954 L671 . 46 Savings andtemporary cash investments 345 202 . 46 52 , 742 . 47a Accounts receivable a7a 374 635 . 6 Less allowance tordoubtful accounts 07u 345 , 701 . 07c 374 635 . 48a Pledges receivable aea 38 , 929 . b Less allowance for doubtful accounts 4811 18 1 681 . 7 , 489 . a8c 20 , 248 . 49 Grants receivable 49 50 Recervahles from officers, directors, trustees, and key employees 50 57 a Other notes and loans receivable 512 b Less allowance for doubtful accounts 51b 51C 1 52 Inventories lorsale oruse 204 225 . 52 127 550 . 53 Prepaid expenses anddeferred charges 134 056 . 53 230 354 . 54 Investments-securities Stmt 5 " ~ Cast ~ FMV 1 491 , 062t 54 1 618 680 . 55a Investments - land. buildings, and equipment basis 55a b Less accumulated depreciation 5511 55c 56 Investments - other 58 57 a Land, buildings, and equipment basis 57a 6 , 692 , 098 . h Less accumulated depreciation 57h 2 , 024 , 206 . 4,703,000 . 57e 4 , 667 , 892 . 58 Other assets (describe " See Statement 6 ~ 164 , 367 . 5e 189 636 . 59 Total assets add lines 45throuthrough 58) must equal line 74 7 82 2 61 3 . 59 8 , 2 3 6 , 4 08 . 80 accounts payable and accrued expenses 473 , 630 . 60 4 6 2 032 . 81 Grants payable 81 62 Deterred revenue 62 63 Loans from officers, directors, trustees, and key employees 63 a 60 a Tax-exempt bond liabilities He bMortgages anoother notes payable ~ 491,186 . 64b 255 008 . s5 Other liabilities (describe 10, See Statement 7 ~ 336 490 . ss 513,640 . 1,230,680 . Organizations that fallow SFAS 117, check here P LAU and complete lines 67 through 69 and lines 73 and 74 $ 67 Unrestricted 5 848 819 . 67 6 , 193 , 015 . A 68 Temporarily restricted 621 , 317 . se 761 449 . 69 Permanently restricted 51 , 171 . 69 51 , 26 4 . Organizations that do not fallow SFAS 117, check here 1 0 and complete lines 70 through 74 70 Capital stock, trust principal, or current funds 70 H 77 Paid-in or capital surplus, or land. building, and equipment fund 71 72 Retained earnings, endowment, accumulated income, or other funds 72 73 Total net assets or fund balances (add lines 67 through 69 or lines 70 through 72, column (A)must equal line l9,column (B) must equal line 2l) 6 , 521 , 307 . 73 7 , 005 , 728 . ~ 74 Total liabilities and net assets / was balances (add lines 66 and 73) ~ 7,13 2 2,613 .1 74 8,236,408 . Form 990 is available for public inspection and, for some people, serves as the primary or sole source of information about a particular organization How the public perceives an organization in such cases may be determined by the information presented on it return Therefore, please make sure tie return is complete and accurate and tiny describes, in Part Ill, the organization's programs and accomplishments zzauei of zx-m 3 11081020 353375 646012238 2002 .06030 PHI THETA KAPPA 64601221 Form 990 THETA KAPPA 4 of Revenue per Audited apses per nuaitea ments with Revenue per with Expenses per a Total revenue, pains, and agar support e Total expenses and I osses per - I ` per audited financial statements 5 8 3 5 80 .