Civic Intelligence

Chi Phi Fraternity Inc

990 • Fiscal year 2013 • EIN 05-6034579

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 04, 2014

34 Lower College RdNorth Providence, RI 02881

(401) 874-2557

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

50th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)7 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)7 • <$500k nonprofits • Source year 2013

Net Margin

48th percentile

2.2%

Higher net margin than 48% of similar nonprofits.

2013 filings • 501(c)7 • <$500k nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

89th percentile

41%

Faster asset growth than 89% of similar nonprofits.

2013 filings • 501(c)7 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

39th percentile

-2.7%

Faster revenue growth than 39% of similar nonprofits.

2013 filings • 501(c)7 • <$500k nonprofits • Annualized from 2012 to 2013

Assets

Up

$32,204

Up $9,394 (+41%) from 2012

Net Assets

Up

$32,204

Up $9,394 (+41%) from 2012

Liabilities

Flat

$0

Flat from 2012

Revenue

Down

$424,950

Down $11,811 (-2.7%) from 2012

Expenses

Up

$415,556

Up $29,190 (+7.6%) from 2012

Net Income

Down

$9,394

Down $41,001 (-81%) from 2012

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0-$50KAssets 2010: $9,437Liabilities 2010: $0Net Assets 2010: $9,4372010Assets 2011: -$27,585Liabilities 2011: $0Net Assets 2011: -$27,5852011Assets 2012: $22,810Liabilities 2012: $0Net Assets 2012: $22,8102012Assets 2013: $32,204Liabilities 2013: $0Net Assets 2013: $32,2042013Assets 2014: -$7,979Liabilities 2014: $0Net Assets 2014: -$7,9792014Assets 2015: $56,547Liabilities 2015: $0Net Assets 2015: $56,5472015Assets 2016: $1Liabilities 2016: $13,974Net Assets 2016: -$13,9742016Assets 2017: $7,390Liabilities 2017: $20,3862017Assets 2018: $8,719Liabilities 2018: $15,5602018Assets 2019: $8,719Liabilities 2019: $7,4312019Assets 2020: $10,770Liabilities 2020: $8,281Net Assets 2020: $2,4892020

Highlighted filing

2013

Assets$32,204
Liabilities$0
Net Assets$32,204

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2010: $388,9332010Expenses 2011: $386,8692011Revenue 2012: $436,761Expenses 2012: $386,366Net Income 2012: $50,3952012Revenue 2013: $424,950Expenses 2013: $415,556Net Income 2013: $9,3942013Revenue 2014: $423,987Expenses 2014: $464,170Net Income 2014: -$40,1832014Revenue 2015: $520,752Expenses 2015: $456,226Net Income 2015: $64,5262015Revenue 2016: $32,826Expenses 2016: $103,348Net Income 2016: -$70,5222016Revenue 2017: $3,804Expenses 2017: $2,826Net Income 2017: $9782017Revenue 2018: $6,155Expenses 2018: $0Net Income 2018: $6,1552018Revenue 2019: $8,130Expenses 2019: $0Net Income 2019: $8,1302019Revenue 2020: $1,200Expenses 2020: $0Net Income 2020: $1,2002020

Highlighted filing

2013

Revenue$424,950
Expenses$415,556
Net Income$9,394
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 4, 2014
Return Version
2013v3.0
Gross Receipts
$424,950
Mission and Program Overview

Mission

Operation of college fraternity on the campus of uri

Operation of college fraternity

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$22,810$32,204▲ $9,394
Total Assets$22,810$32,204▲ $9,394
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$22,810$32,204▲ $9,394
Total Net Assets Fund Balance$22,810$32,204▲ $9,394
Total Liabilities and Net Assets / Fund Balance$22,810$32,204▲ $9,394
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ryan BorsariPresident
Nicholas PezzilloVice President
Billy MetzgerSecretary
Noah MorelandTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$424,950
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$9,394
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$357,347
Salaries, Compensation, and Employee Benefits$58,209
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$180,000
Other Salaries and Wages---$40,690
Other Employee Benefits---$17,519
Other Expenses---$14,271
Insurance---$8,409
All Other Expenses---$3,625
Total Functional Expenses$0$0$0$415,556
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization is a fraternal organization made up of brothers who are students at the university of rhode island

Form 990, Part VI, Section A, Line 7A

All officers of the fraternity are elected by the members of the fraternity.

Form 990, Part VI, Section A, Line 7B

All decisions of the fraternity must be approved by the active members of the fraternity.

Form 990, Part VI, Section A, Line 8B

The organization does not have any committees

Form 990, Part VI, Section B, Line 11

The return is reviewed by the officers of the fraternity before filing. At the next meeting the members are advised that the return has been filed and that a copy is available for their review.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents available upon written request.

Filing and Contact Details

Filer

EIN
05-6034579
Phone
4018742557

Signing Officer

Name
Ryan Borsari
Title
President
Phone
4018742557
Signed
2014-08-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ryan Borsari
Formed
1962
Legal Domicile
Ri
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Preparer
Donald Sullivan
Phone
4012725600
Raw XML Appendix259 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/GrantsToIndividualsInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A FRATERNAL ORGANIZATION MADE UP OF BROTHERS WHO ARE STUDENTS AT THE UNIVERSITY OF RHODE ISLAND
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL OFFICERS OF THE FRATERNITY ARE ELECTED BY THE MEMBERS OF THE FRATERNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DECISIONS OF THE FRATERNITY MUST BE APPROVED BY THE ACTIVE MEMBERS OF THE FRATERNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE RETURN IS REVIEWED BY THE OFFICERS OF THE FRATERNITY BEFORE FILING. AT THE NEXT MEETING THE MEMBERS ARE ADVISED THAT THE RETURN HAS BEEN FILED AND THAT A COPY IS AVAILABLE FOR THEIR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
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ReturnHeader/BusinessOfficerGrp/PhoneNum04018742557
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ReturnHeader/Filer/BusinessName/BusinessNameLine10CHI PHI FRATERNITY INC
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ReturnHeader/Filer/EIN0056034579
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061009205
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10BLUM SHAPIRO & COMPANY PC CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1050 HOLDEN STREET
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DONALD SULLIVAN
ReturnHeader/ReturnTs02014-08-13T08:00:31-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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Filings