Civic Intelligence

Lambda Nu Association of Phi Gamma Delta

990 • Fiscal year 2018 • EIN 20-8189502

Jul 01, 2017 to Jun 30, 2018 • Filed on Dec 12, 2018

16950 Wright Plz Ste 127Omaha, NE 68130

(402) 397-9550

Siviq Scores

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

Liabilities / Assets

60th percentile

0.35x

Higher debt load relative to assets than 60% of similar nonprofits.

2018 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

99th percentile

14.72x

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

2018 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2018

Net Margin

1st percentile

-81%

Higher net margin than 1% of similar nonprofits.

2018 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2018 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2018

Asset Growth

29th percentile

-2.6%

Faster asset growth than 29% of similar nonprofits.

2018 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

13th percentile

-12%

Faster revenue growth than 13% of similar nonprofits.

2018 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$2,543,598

Down $68,085 (-2.6%) from 2017

Net Assets

Down

$1,657,999

Down $21,532 (-1.3%) from 2017

Liabilities

Down

$885,599

Down $46,553 (-5.0%) from 2017

Revenue

Down

$60,173

Down $7,890 (-12%) from 2017

Expenses

Up

$108,648

Up $41,304 (+61%) from 2017

Net Income

Down

-$48,475

Down $49,194 (-6842%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,812,782Liabilities 2011: $849,041Net Assets 2011: $963,7412011Assets 2012: $2,531,134Liabilities 2012: $1,123,946Net Assets 2012: $1,407,1882012Assets 2013: $2,589,287Liabilities 2013: $1,061,787Net Assets 2013: $1,527,5002013Assets 2014: $2,709,599Liabilities 2014: $1,061,787Net Assets 2014: $1,647,8122014Assets 2015: $2,585,831Liabilities 2015: $998,265Net Assets 2015: $1,587,5662015Assets 2016: $2,661,130Liabilities 2016: $982,319Net Assets 2016: $1,678,8112016Assets 2017: $2,611,683Liabilities 2017: $932,152Net Assets 2017: $1,679,5312017Assets 2018: $2,543,598Liabilities 2018: $885,599Net Assets 2018: $1,657,9992018Assets 2019: $2,655,268Liabilities 2019: $887,874Net Assets 2019: $1,767,3942019Assets 2020: $2,552,247Liabilities 2020: $855,589Net Assets 2020: $1,696,6582020Assets 2021: $2,619,217Liabilities 2021: $804,078Net Assets 2021: $1,815,1392021Assets 2022: $59,165Liabilities 2022: $0Net Assets 2022: $59,1652022Assets 2023: $101,190Liabilities 2023: $0Net Assets 2023: $101,1902023

Highlighted filing

2018

Assets$2,543,598
Liabilities$885,599
Net Assets$1,657,999

Operations Trend

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

$1.0M$0-$1.0M-$2.0MRevenue 2011: $140,270Expenses 2011: $36,032Net Income 2011: $104,2382011Revenue 2012: $538,853Expenses 2012: $95,406Net Income 2012: $443,4472012Revenue 2013: $208,408Expenses 2013: $88,096Net Income 2013: $120,3122013Revenue 2014: $208,408Expenses 2014: $88,096Net Income 2014: $120,3122014Revenue 2015: $125,000Expenses 2015: $83,742Net Income 2015: $41,2582015Revenue 2016: $179,902Expenses 2016: $88,654Net Income 2016: $91,2482016Revenue 2017: $68,063Expenses 2017: $67,344Net Income 2017: $7192017Revenue 2018: $60,173Expenses 2018: $108,648Net Income 2018: -$48,4752018Revenue 2019: $129,484Expenses 2019: $126,087Net Income 2019: $3,3972019Revenue 2020: $1,599Expenses 2020: $69,172Net Income 2020: -$67,5732020Revenue 2021: $187,896Expenses 2021: $75,277Net Income 2021: $112,6192021Revenue 2022: -$1,709,245Expenses 2022: $46,729Net Income 2022: -$1,755,9742022Revenue 2023: $64,663Expenses 2023: $22,638Net Income 2023: $42,0252023

Highlighted filing

2018

Revenue$60,173
Expenses$108,648
Net Income-$48,475
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 12, 2018
Return Version
2017v2.3
Gross Receipts
$60,173
Mission and Program Overview

Mission

Provide housing and support the education to members or pledges of phi gamma delta fraternity, lambda ny chapter. The organization also promotes social, intellectual, and moral development of college men, both members and pledges.

Provide housing and support the education to members or pledges of phi gamma delta fraternity, lambda nu chapter.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,470,142$2,526,591▲ $56,449
Rtn Earn Endowment Incm Other Fnds$1,679,531$1,657,999▼ $21,532
Accounts Receivable$63,340$14,191▼ $49,149
Savings and Temporary Cash Investments$44,947$2,665▼ $42,282
Cash and Non-Interest-Bearing Accounts$33,254$151▼ $33,103
Total Assets$2,611,683$2,543,598▼ $68,085
Liabilities
Mortgage Notes Payable Secured by Investment Property$924,836$885,599▼ $39,237
Accounts Payable and Accrued Expenses$7,316--
Total Liabilities$932,152$885,599▼ $46,553
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,679,531$1,657,999▼ $21,532
Total Liabilities and Net Assets / Fund Balance$2,611,683$2,543,598▼ $68,085

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,095,649-$2,095,649
Land$250,000-$250,000
Other Land Buildings$107,300-$107,300
Equipment$73,641-$73,641
Compensation and Service Providers

Board Members and Trustees

NameTitle
John OsterholmPresident
Scott ThompsonBoard Member
Joe SkradskiHouse Management
Scott OmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$60,050
Program Service Revenue
$0
Investment Income
$123
Other Revenue
$0
All Other Contributions
$60,050
Change in Net Assets
$-48,475
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$108,648
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$41,945--$41,945
Fees for Services Legal-$34,427-$34,427
Insurance$8,378--$8,378
All Other Expenses$7,486--$7,486
Other Expenses$500$103-$500
Fees for Services Lobbying-$500-$500
Total Functional Expenses$73,618$35,030$0$108,648
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION B LINE 11A:

Form 990 is provided to the board of directors

FORM 990, PART VI, SECTION C, LINE 19:

The governing documents, conflict of interest policy, and financial statements are available upon request

Filing and Contact Details

Filer

Filer Name
Lambda Nu Association of Phi Gamma Delta
EIN
20-8189502
Phone
4023979550
Address
16950 WRIGHT PLZ STE 127, OMAHA, NE 68130

Signing Officer

Name
John Osterholm
Title
President
Phone
4023979550
Signed
2018-12-12
Discuss with paid preparer
No

Organization Details

Principal Officer
John Osterholm
Formed
1960
Legal Domicile
Ne
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
H and R Block
Address
4959 S 155TH ST, OMAHA, NE 68137
Preparer
R D Alderson
Phone
4028618943
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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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ReturnHeader/TaxPeriodEndDt02018-06-30
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$0.10$0.00$0.10$0.06$0.02$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.00$0.06$1.71$0.05$1.76
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.62$0.80$1.82$0.19$0.08$0.11
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.55$0.86$1.70$0.00$0.07$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.66$0.89$1.77$0.13$0.13$0.00
2018Detailed filing. Detailed filing data is available for this year.$2.54$0.89$1.66$0.06$0.11$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.61$0.93$1.68$0.07$0.07$0.00
2016Summary only. Only limited summary data is available for this year.$2.66$0.98$1.68$0.18$0.09$0.09
2015Summary only. Only limited summary data is available for this year.$2.59$1.00$1.59$0.13$0.08$0.04
2014Summary only. Only limited summary data is available for this year.$2.71$1.06$1.65$0.21$0.09$0.12
2013Summary only. Only limited summary data is available for this year.$2.59$1.06$1.53$0.21$0.09$0.12
2012Summary only. Only limited summary data is available for this year.$2.53$1.12$1.41$0.54$0.10$0.44
2011Summary only. Only limited summary data is available for this year.$1.81$0.85$0.96$0.14$0.04$0.10