Civic Intelligence

Chi Phi Fraternity Inc

990EZ • Fiscal year 2020 • EIN 05-6034579

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 05, 2021

PO Box 40817Providence, RI 02940

(401) 351-3522

Siviq Scores

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

Liabilities / Assets

94th percentile

0.77x

Higher debt load relative to assets than 94% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

99th percentile

6.90x

Higher debt load relative to revenue than 99% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Asset Growth

79th percentile

24%

Faster asset growth than 79% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

4th percentile

-85%

Faster revenue growth than 4% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$10,770

Up $2,051 (+24%) from 2019

Net Assets

$2,489

No earlier filing loaded for comparison.

Liabilities

Up

$8,281

Up $850 (+11%) from 2019

Revenue

Down

$1,200

Down $6,930 (-85%) from 2019

Expenses

Flat

$0

Flat from 2019

Net Income

Down

$1,200

Down $6,930 (-85%) from 2019

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

2020

Assets$10,770
Liabilities$8,281
Net Assets$2,489

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

2020

Revenue$1,200
Expenses$0
Net Income$1,200
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 5, 2021
Return Version
2020v4.0
Gross Receipts
$1,200
Mission and Program Overview

Mission

Operation of college fraternity on the campus of uri

The primary exempt purpose is the operation of a college fraternity. The chi phi fraternity of uri was suspended from campus at the end of 2015. Since that time, the fraternity chapter has not operated at uri.

Program Services

DescriptionGrantsExpenses
OPERATION OF A FRATERNITY ON THE CAMPUS AT URI. OPERATIONS WERE SUSPENDED BY URI AT THE END OF 2015.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DOUGLAS BENNETTreasurer-$0--
KEVIN BARRYPresident-$0--
WILLIAM BROMBERGVice Preside-$0--
MARIO GUTIERREZSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Chi Phi Fraternity Inc
EIN
05-6034579
Phone
4013513522
Address
PO BOX 40817, PROVIDENCE, RI 02940

Signing Officer

Name
Douglas Bennet
Title
Treasurer
Phone
4013513522
Signed
2021-11-05

Preparer

Firm
Daniel J Rubiano CPA and Company Inc
Address
7 AUSTIN AVE STE 1, GREENVILLE, RI 02828
Preparer
Donald Sullivan
Phone
4019492600
Supplemental Narrative

Additional Explanations

Form 990-ez, Part II

Line 24, other assets: receivable for chi phi holding corporation of rhode island a related corporation line 26, other liabilities: amount due to the fraternity managers association at uri

Form 990-ez, Part II, Line 24

Due from related party 8,719 10,770 total 8,719 10,770

Form 990-ez, Part II, Line 26

7,430 8,281

Form 990-ez, Part III

The primary exempt purpose is the operation of a college fraternity. The chi phi fraternity of uri was suspended from campus at the end of 2015. Since that time, the fraternity chapter has not operated at uri.

Form 990-ez, Part IV

The chapters financials are being overseen by the officers of the chi phi holding corporation of rhode island, inc.

Form 990-ez, Part V

During the year the organization did not receive any funds, directly or indirectly, to pay premiums on a personal benefit contract. They did not pay any premiums on a personal contract.

Raw XML Appendix110 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.

Path#Value
CompensationExplanation/CompensationExplanationGrp/PersonNm0DOUGLAS BENNET
CompensationExplanation/CompensationExplanationGrp/PersonNm1KEVIN BARRY
CompensationExplanation/CompensationExplanationGrp/PersonNm2WILLIAM BROMBERG
CompensationExplanation/CompensationExplanationGrp/PersonNm3MARIO GUTIERREZ
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0DOUGLAS BENNET
IRS990EZ/BooksInCareOfDetail/PhoneNum04013513522
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 40817
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PROVIDENCE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0RI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002940
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01200
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt08719
IRS990EZ/Form990TotalAssetsGrp/EOYAmt010770
IRS990EZ/GrossReceiptsAmt01200
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIVInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01289
IRS990EZ/NetAssetsOrFundBalancesEOYAmt02489
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01289
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt02489
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DOUGLAS BENNET
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KEVIN BARRY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2WILLIAM BROMBERG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MARIO GUTIERREZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt08719
IRS990EZ/OtherAssetsTotalDetail/EOYAmt010770
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PRIMARY EXEMPT PURPOSE IS THE OPERATION OF A COLLEGE FRATERNITY. THE CHI PHI FRATERNITY OF URI WAS SUSPENDED FROM CAMPUS AT THE END OF 2015. SINCE THAT TIME, THE FRATERNITY CHAPTER HAS NOT OPERATED AT URI.
IRS990EZ/ProgramServiceRevenueAmt01200
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0OPERATION OF A FRATERNITY ON THE CAMPUS AT URI. OPERATIONS WERE SUSPENDED BY URI AT THE END OF 2015.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt07430
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt08281
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalRevenueAmt01200
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 24, OTHER ASSETS: RECEIVABLE FOR CHI PHI HOLDING CORPORATION OF RHODE ISLAND A RELATED CORPORATION LINE 26, OTHER LIABILITIES: AMOUNT DUE TO THE FRATERNITY MANAGERS ASSOCIATION AT URI
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DUE FROM RELATED PARTY 8,719 10,770 TOTAL 8,719 10,770
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt27,430 8,281
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PRIMARY EXEMPT PURPOSE IS THE OPERATION OF A COLLEGE FRATERNITY. THE CHI PHI FRATERNITY OF URI WAS SUSPENDED FROM CAMPUS AT THE END OF 2015. SINCE THAT TIME, THE FRATERNITY CHAPTER HAS NOT OPERATED AT URI.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CHAPTERS FINANCIALS ARE BEING OVERSEEN BY THE OFFICERS OF THE CHI PHI HOLDING CORPORATION OF RHODE ISLAND, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DURING THE YEAR THE ORGANIZATION DID NOT RECEIVE ANY FUNDS, DIRECTLY OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT. THEY DID NOT PAY ANY PREMIUMS ON A PERSONAL CONTRACT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART II
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART IV
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART V
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DOUGLAS BENNET
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04013513522
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHI PHI FRATERNITY INC
ReturnHeader/Filer/BusinessNameControlTxt0CHIP
ReturnHeader/Filer/EIN0056034579
ReturnHeader/Filer/PhoneNum04013513522
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 40817
ReturnHeader/Filer/USAddress/CityNm0PROVIDENCE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0RI
ReturnHeader/Filer/USAddress/ZIPCd002940
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0050431957
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DANIEL J RUBIANO CPA AND COMPANY INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07 AUSTIN AVE STE 1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREENVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002828
ReturnHeader/PreparerPersonGrp/PhoneNum04019492600
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DONALD SULLIVAN
ReturnHeader/ReturnTs02021-11-04T15:00:01-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DOUGLAS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BENNET
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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