Civic Intelligence

Phi Mu Delta National Fraternity

990 • Fiscal year 2024 • EIN 23-2365050

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 06, 2024

4885-a Mcknight Rd 263Pittsburgh, PA 15237

(412) 203-5169

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.06x

Higher debt load relative to assets than 73% of similar nonprofits.

2024 filings • 501(c)7 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

71st percentile

0.05x

Higher debt load relative to revenue than 71% of similar nonprofits.

2024 filings • 501(c)7 • <$500k nonprofits • Source year 2024

Net Margin

95th percentile

46%

Higher net margin than 95% of similar nonprofits.

2024 filings • 501(c)7 • <$500k nonprofits • Source year 2024

Top Officer Pay

100th percentile

$60,000

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 21.6% of source-year revenue.

2024 filings • 501(c)7 • <$500k nonprofits • Source year 2024

Asset Growth

96th percentile

136%

Faster asset growth than 96% of similar nonprofits.

2024 filings • 501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

85th percentile

32%

Faster revenue growth than 85% of similar nonprofits.

2024 filings • 501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$197,821

Up $114,150 (+136%) from 2023

Net Assets

Up

$185,208

Up $127,485 (+221%) from 2023

Liabilities

Down

$12,613

Down $13,335 (-51%) from 2023

Revenue

Up

$277,611

Up $67,921 (+32%) from 2023

Expenses

Down

$150,126

Down $74,200 (-33%) from 2023

Net Income

Up

$127,485

Up $142,121 (+971%) from 2023

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2016: $42,892Liabilities 2016: $12,676Net Assets 2016: $30,2162016Assets 2017: $32,095Liabilities 2017: $12,589Net Assets 2017: $19,5062017Assets 2018: $86,017Liabilities 2018: $27,057Net Assets 2018: $58,9602018Assets 2019: $74,331Liabilities 2019: $26,318Net Assets 2019: $48,0132019Assets 2020: $97,320Liabilities 2020: $19,198Net Assets 2020: $78,1222020Assets 2021: $109,318Liabilities 2021: $23,519Net Assets 2021: $85,7992021Assets 2022: $95,608Liabilities 2022: $23,249Net Assets 2022: $72,3592022Assets 2023: $83,671Liabilities 2023: $25,948Net Assets 2023: $57,7232023Assets 2024: $197,821Liabilities 2024: $12,613Net Assets 2024: $185,2082024Assets 2025: $191,242Liabilities 2025: $85,385Net Assets 2025: $105,8572025

Highlighted filing

2024

Assets$197,821
Liabilities$12,613
Net Assets$185,208

Operations Trend

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

$400K$200K$0-$200KRevenue 2016: $239,300Expenses 2016: $225,290Net Income 2016: $14,0102016Revenue 2017: $272,075Expenses 2017: $282,785Net Income 2017: -$10,7102017Revenue 2018: $347,280Expenses 2018: $307,826Net Income 2018: $39,4542018Revenue 2019: $253,636Expenses 2019: $264,583Net Income 2019: -$10,9472019Revenue 2020: $198,828Expenses 2020: $168,719Net Income 2020: $30,1092020Revenue 2021: $162,201Expenses 2021: $125,796Net Income 2021: $36,4052021Revenue 2022: $218,191Expenses 2022: $231,631Net Income 2022: -$13,4402022Revenue 2023: $209,690Expenses 2023: $224,326Net Income 2023: -$14,6362023Revenue 2024: $277,611Expenses 2024: $150,126Net Income 2024: $127,4852024Revenue 2025: $211,183Expenses 2025: $290,534Net Income 2025: -$79,3512025

Highlighted filing

2024

Revenue$277,611
Expenses$150,126
Net Income$127,485
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 6, 2024
Return Version
2023v5.1
Gross Receipts
$277,611
Mission and Program Overview

Mission

To provide a positive fraternity experience for today's college man, encouraging high personal standards, morally, mentally, and spiritually, and, to help its members live the ideals of our founders: democracy, brotherhood and service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$57,723$185,208▲ $127,485
Cash and Non-Interest-Bearing Accounts$14,427$128,577▲ $114,150
Savings and Temporary Cash Investments$69,244$69,244→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$83,671$197,821▲ $114,150
Liabilities
Other Liabilities$25,948$12,613▼ $13,335
Total Liabilities$25,948$12,613▼ $13,335
Net Assets / Fund Balance
Total Net Assets Fund Balance$57,723$185,208▲ $127,485
Total Liabilities and Net Assets / Fund Balance$83,671$197,821▲ $114,150
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Samuel R WaltemeyerExecutive DirectorFT$60,000$60,000

Board Members and Trustees

NameTitle
Joseph ThompsonPresident
Richard WinterVice President
Michael DoranMember-at-large
Thomas StephenMember-at-large
Timothy SchaferMember-at-large
William Foran IiiSecretary
Phillip MorinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$70,730
Program Service Revenue
$206,881
Investment Income
$0
Other Revenue
$0
All Other Contributions
$70,730
Change in Net Assets
$127,485
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$107,057
Other Expenses$43,069
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$43,508
Current Officers, Directors, Trustees, and Key Employees---$36,000
Payroll Taxes---$22,201
Fees for Services Other---$9,203
Other Employee Benefits---$5,348
Conferences and Meetings---$2,007
Other Expenses---$392
Office Expenses---$90
Total Functional Expenses$0$0$0$150,126
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$12,613
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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

Line 6 explanation - the organization is made up of underfraduate memebers and alumni members. 187 undergraduates are organized into 12 chapters, each with 2 voting ballots. Alumni my form alumni associations and receive one voting ballot. Those chapters with housing may form a house corporation and receive one voting ballot.

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

Line 7a explanation - the national council is voted on from a slate created by the nominations committee at each national conclave. National conclaves are held every other year.

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

Line 7b explanation - the national conclave may overturn any decision of the national council by a majority vote.

Form 990, Part VI, Section B, Line 11B

Line 11b explanation - the national treasurer submits the 990 to the national council. After review, the 990 is sent out to all chapters, alumni associations and house corporations. The 990 is also made available on the national website or by request.

Form 990, Part VI, Section B, Line 12C

Each volunteer was required to sign-off on all policies. Undergraduate and alumni members were notified by electronic mail and forms were presented at each national meeting.

Form 990, Part VI, Section B, Line 15

The fraternity executive association takes an annual survey of all fraternity executives and their salary. The fraternity executive association supplies data from all other national fraternities and sororities.

Form 990, Part VI, Section C, Line 18

All policies and documents are found online and are mailed to all constituencies on an annual basis.

Form 990, Part VI, Section C, Line 19

The documents are made available on the organization's website.

Filing and Contact Details

Filer

Filer Name
Phi Mu Delta National Fraternity
EIN
23-2365050
Phone
4122035169
Address
4885-A MCKNIGHT RD 263, PITTSBURGH, PA 15237

Signing Officer

Name
Sam Waltemeyer
Title
Executive Director
Phone
4122035169
Signed
2024-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sam Waltemeyer
Formed
1966
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
7
Employees
2
Volunteers
77

Preparer

Firm
Cherry Bekaert Advisory LLC
Address
222 SECOND AVE SOUTH STE 1240, NASHVILLE, TN 37201
Preparer
Lauren Moses
Phone
6153836592
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

This past year phi mu delta paused the foundations institute. Each january, phi mu delta fraternity hosts foundation institute. The purpose of this program is to offer nuts & bolts training to all newly elected officers. This three day training workshop provides officers with the essential tools to manage chapter operations and attain goals for the coming year. All five members of the executive board are expected to attend.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THIS PAST YEAR PHI MU DELTA PAUSED THE FOUNDATIONS INSTITUTE. EACH JANUARY, PHI MU DELTA FRATERNITY HOSTS FOUNDATION INSTITUTE. THE PURPOSE OF THIS PROGRAM IS TO OFFER NUTS & BOLTS TRAINING TO ALL NEWLY ELECTED OFFICERS. THIS THREE DAY TRAINING WORKSHOP PROVIDES OFFICERS WITH THE ESSENTIAL TOOLS TO MANAGE CHAPTER OPERATIONS AND ATTAIN GOALS FOR THE COMING YEAR. ALL FIVE MEMBERS OF THE EXECUTIVE BOARD ARE EXPECTED TO ATTEND.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LINE 6 EXPLANATION - THE ORGANIZATION IS MADE UP OF UNDERFRADUATE MEMEBERS AND ALUMNI MEMBERS. 187 UNDERGRADUATES ARE ORGANIZED INTO 12 CHAPTERS, EACH WITH 2 VOTING BALLOTS. ALUMNI MY FORM ALUMNI ASSOCIATIONS AND RECEIVE ONE VOTING BALLOT. THOSE CHAPTERS WITH HOUSING MAY FORM A HOUSE CORPORATION AND RECEIVE ONE VOTING BALLOT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LINE 7A EXPLANATION - THE NATIONAL COUNCIL IS VOTED ON FROM A SLATE CREATED BY THE NOMINATIONS COMMITTEE AT EACH NATIONAL CONCLAVE. NATIONAL CONCLAVES ARE HELD EVERY OTHER YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LINE 7B EXPLANATION - THE NATIONAL CONCLAVE MAY OVERTURN ANY DECISION OF THE NATIONAL COUNCIL BY A MAJORITY VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LINE 11B EXPLANATION - THE NATIONAL TREASURER SUBMITS THE 990 TO THE NATIONAL COUNCIL. AFTER REVIEW, THE 990 IS SENT OUT TO ALL CHAPTERS, ALUMNI ASSOCIATIONS AND HOUSE CORPORATIONS. THE 990 IS ALSO MADE AVAILABLE ON THE NATIONAL WEBSITE OR BY REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EACH VOLUNTEER WAS REQUIRED TO SIGN-OFF ON ALL POLICIES. UNDERGRADUATE AND ALUMNI MEMBERS WERE NOTIFIED BY ELECTRONIC MAIL AND FORMS WERE PRESENTED AT EACH NATIONAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE FRATERNITY EXECUTIVE ASSOCIATION TAKES AN ANNUAL SURVEY OF ALL FRATERNITY EXECUTIVES AND THEIR SALARY. THE FRATERNITY EXECUTIVE ASSOCIATION SUPPLIES DATA FROM ALL OTHER NATIONAL FRATERNITIES AND SORORITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ALL POLICIES AND DOCUMENTS ARE FOUND ONLINE AND ARE MAILED TO ALL CONSTITUENCIES ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE DOCUMENTS ARE MADE AVAILABLE ON THE ORGANIZATION'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd01
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt083671
IRS990/TotalAssetsEOYAmt0197821
IRS990/TotalAssetsGrp/BOYAmt083671
IRS990/TotalAssetsGrp/EOYAmt0197821
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt070730
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/TotalAmt0150126
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt025948
IRS990/TotalLiabilitiesEOYAmt012613
IRS990/TotalLiabilitiesGrp/BOYAmt025948
IRS990/TotalLiabilitiesGrp/EOYAmt012613
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt057723
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0185208
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0206881
IRS990/TotalReportableCompFromOrgAmt060000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0206881
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0277611
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt077
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt083671
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0197821
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04885-A MCKNIGHT RD 263
IRS990/USAddress/CityNm0PITTSBURGH
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd015237
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.PHIMUDELTA.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SAM WALTEMEYER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04122035169
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PHI MU DELTA NATIONAL FRATERNITY
ReturnHeader/Filer/BusinessNameControlTxt0PHIM
ReturnHeader/Filer/EIN0232365050
ReturnHeader/Filer/PhoneNum04122035169
ReturnHeader/Filer/USAddress/AddressLine1Txt04885-A MCKNIGHT RD 263
ReturnHeader/Filer/USAddress/CityNm0PITTSBURGH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd015237
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0882730877
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHERRY BEKAERT ADVISORY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0222 SECOND AVE SOUTH STE 1240
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NASHVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037201
ReturnHeader/PreparerPersonGrp/PhoneNum06153836592
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAUREN MOSES
ReturnHeader/ReturnTs02024-11-08T11:11:50-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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