Civic Intelligence

Epsilon Educational Endowment

990 • Fiscal year 2022 • EIN 23-7010656

May 01, 2021 to Apr 30, 2022 • Filed on Nov 30, 2022

Organization Profilealphaepsilonofchipsi.com/campaign
2746 Beechwood Dr SEGrand Rapids, MI 49506

(616) 802-4462

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

17th percentile

0.00x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

93rd percentile

66%

Higher net margin than 93% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

96th percentile

138%

Faster asset growth than 96% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2022

Revenue Growth

98th percentile

611%

Faster revenue growth than 98% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2022

Balance Sheet
Liabilities / Assets17th percentile

Assets

Up

$667,164

Up $617,786 (+1251%) from 2019

Net Assets

Up

$667,164

Up $617,786 (+1251%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin93rd percentile

Revenue

Up

$1,025,996

Up $1,023,139 (+35812%) from 2019

Expenses

Up

$350,334

Up $349,939 (+88592%) from 2019

Net Income

Up

$675,662

Up $673,200 (+27344%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$1.0M$500K$0Assets 2017: $87,350Liabilities 2017: $0Net Assets 2017: $87,3502017Assets 2018: $51,312Liabilities 2018: $0Net Assets 2018: $51,3122018Assets 2019: $49,378Liabilities 2019: $0Net Assets 2019: $49,3782019Assets 2022: $667,164Liabilities 2022: $0Net Assets 2022: $667,1642022Assets 2025: $960,506Liabilities 2025: $0Net Assets 2025: $960,5062025

Highlighted filing

2022

Assets$667,164
Liabilities$0
Net Assets$667,164
Open 2022 Filing

Operations Trend

Revenue Growth98th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2017: $2,085Expenses 2017: $8,878Net Income 2017: -$6,7932017Revenue 2018: $2,687Expenses 2018: $915Net Income 2018: $1,7722018Revenue 2019: $2,857Expenses 2019: $395Net Income 2019: $2,4622019Revenue 2022: $1,025,996Expenses 2022: $350,334Net Income 2022: $675,6622022Revenue 2025: $246,199Expenses 2025: $40,007Net Income 2025: $206,1922025

Highlighted filing

2022

Revenue$1,025,996
Expenses$350,334
Net Income$675,662
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2021 to Apr 30, 2022
Signed
Nov 30, 2022
Return Version
2021v4.0
Gross Receipts
$1,365,384
Mission and Program Overview

Mission

Scholarships and educational support are provided to students at the University of Michigan, with preference given to members of Chi Psi Fraternity at the University of Michigan.

Scholarships and educational support provided for members of Chi Psi Fraternity at the University of Michigan

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$44,767$562,734▲ $517,967
Pledges and Grants Receivable$0$104,430▲ $104,430
Investments Other Securities$22,684--
Total Assets$67,451$667,164▲ $599,713
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$67,451$667,164▲ $599,713
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$67,451$667,164▲ $599,713
Total Liabilities and Net Assets / Fund Balance$67,451$667,164▲ $599,713
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Chris LausPresident
Andrew McQuarrieSecretary
Steven StarnesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,010,948
Program Service Revenue
$0
Investment Income
$15,048
Other Revenue
$0
All Other Contributions
$1,010,948
Change in Net Assets
$675,662

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded4$444,517Avg of High/Low
Total Noncash Contributions4$444,517-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$350,000
Other Expenses$334
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$350,000--$350,000
Office Expenses$334--$334
Total Functional Expenses$350,334$0$0$350,334
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Chi Psi Educational TrustNashville, TN-To fund the Epsilon designated fund within the Chi Psi Educational Trust$350,000
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
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 A, Line 9

“President Chris Laus, 29 Douglas Dr, Saunderstown RI 02874”

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

“The Treasurer prepares and the President reviews.”

Form 990, Part VI, Section C, Line 19

“Upon request”

Filing and Contact Details

Filer

Filer Name
Epsilon Educational Endowment
EIN
23-7010656
Phone
6168024462
Address
2746 Beechwood Dr SE, Grand Rapids, MI 49506

Signing Officer

Name
Steven Starnes
Title
Treasurer
Phone
6168024462
Signed
2022-11-30

Organization Details

Principal Officer
Steven Starnes
Formed
1968
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7
Raw XML Appendix373 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
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Scholarships and educational support provided for members of Chi Psi Fraternity at the University of Michigan
IRS990/AllOtherContributionsAmt01010948
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0Steven Starnes
IRS990/BooksInCareOfDetail/PhoneNum06168024462
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02746 Beechwood Dr SE
IRS990/BooksInCareOfDetail/USAddress/CityNm0Grand Rapids
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd049506
IRS990/BusinessRlnWith35CtrlEntInd00
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IRS990/CompensationFromOtherSrcsInd00
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IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractTerminationInd0X
IRS990/ContriRptFundraisingEventAmt00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01010948
IRS990/CYGrantsAndSimilarPaidAmt0350000
IRS990/CYInvestmentIncomeAmt015048
IRS990/CYOtherExpensesAmt0334
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0675662
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0350334
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01025996
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0Tax year 2021 was a rebuilding year for the organization. Significant success on fundraising. No scholarships were given. One grant to the Chi Psi Educational Trust was made.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt00
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0350334
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FederatedCampaignsAmt00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form1098CFiledInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0Chris Laus
IRS990/Form990PartVIISectionAGrp/PersonNm1Steven Starnes
IRS990/Form990PartVIISectionAGrp/PersonNm2Andrew McQuarrie
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01968
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt010732
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt00
IRS990/GrantAmt0350000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0350000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0350000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0350120
IRS990/GrossReceiptsAmt01365384
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt07
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt04316
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04316
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt022684
IRS990/InvestmentsPubTradedSecGrp/BOYAmt044767
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0562734
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0339388
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Scholarships and educational support are provided to students at the University of Michigan, with preference given to members of Chi Psi Fraternity at the University of Michigan.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt067451
IRS990/NetAssetsOrFundBalancesEOYAmt0667164
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt010732
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt010732
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-75949
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt067451
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0667164
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0444517
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt0334
IRS990/OfficeExpensesGrp/TotalAmt0334
IRS990/OfficerMailingAddressInd01
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/PartialLiquidationInd01
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0104430
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Steven Starnes
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYContributionsGrantsAmt01100
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02413
IRS990/PYRevenuesLessExpensesAmt03513
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalRevenueAmt03513
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0675662
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0906518
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0906518
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt03267
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0910285
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt07217
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02388
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02410
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt04704
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt04634
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt021353
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt07217
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02388
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02410
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt04704
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt04634
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt021353
IRS990ScheduleA/InvestmentIncomeCYPct00.02292
IRS990ScheduleA/InvestmentIncomePYPct00.42228
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97708
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IRS990ScheduleA/PublicSupportTotal509Amt0910285
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0906518
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt00
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IRS990ScheduleA/Total509Grp/TotalAmt0910285
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0913735
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt05655
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt04704
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt05134
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0931638
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0350000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0To fund the Epsilon designated fund within the Chi Psi Educational Trust
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0The Chi Psi Educational Trust
IRS990ScheduleI/RecipientTable/RecipientEIN0030386312
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt045 Rutledge Street
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Nashville
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd037210
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The specific use of the funds is agreed to before a grant is made.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule I, Part I, Line 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/Form8283ReceivedCnt00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt04
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0Avg of High/Low
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt0444517
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0Affinity Connections helps coordinate fundraising efforts and with sending gift confirmation letters.
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule M, Part I, Line 32b
IRS990ScheduleM/ThirdPartiesUsedInd01
IRS990ScheduleN/DirectorOfSuccessor2Ind00
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0A grant of $350,000 was made to the Chi Psi Educational Trust to qualify for some matching money. This grant of $350,000 was then gifted back to the Epsilon Educational on December 30, 2022.
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt0Chi Psi Educational Trust
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02022-12-29
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0030386312
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt0350000
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0501(c)3
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0Cash value
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt045 Rutledge Street
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0Nashville
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0TN
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd037210
IRS990ScheduleN/EmployeeOfSuccessor2Ind00
IRS990ScheduleN/OwnerOfSuccessor2Ind00
IRS990ScheduleN/ReceiveCompensation2Ind00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0President Chris Laus, 29 Douglas Dr, Saunderstown RI 02874
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Treasurer prepares and the President reviews.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Upon request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt067451
IRS990/TotalAssetsEOYAmt0667164
IRS990/TotalAssetsGrp/BOYAmt067451
IRS990/TotalAssetsGrp/EOYAmt0667164
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01010948
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0350334
IRS990/TotalFunctionalExpensesGrp/TotalAmt0350334
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt067451
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0667164
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0350334
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt015048
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01025996
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt067451
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0667164
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02746 Beechwood Dr SE
IRS990/USAddress/CityNm0Grand Rapids
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd049506
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0https://alphaepsilonofchipsi.com/campaign/
IRS990/WhistleblowerPolicyInd00
ReasonableCauseExplanation/ExplanationTxt0An extension was filed. The organization previously filed the 990-EZ. Our organization has had significant fundraising success and it has taken more time to organize data for this full 990.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Steven Starnes
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum06168024462
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EPSILON EDUCATIONAL ENDOWMENT
ReturnHeader/Filer/BusinessNameControlTxt0EPSI
ReturnHeader/Filer/EIN0237010656
ReturnHeader/Filer/PhoneNum06168024462
ReturnHeader/Filer/USAddress/AddressLine1Txt02746 Beechwood Dr SE
ReturnHeader/Filer/USAddress/CityNm0Grand Rapids
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049506
ReturnHeader/ReturnTs02023-02-25T13:41:10-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02021-05-01
ReturnHeader/TaxPeriodEndDt02022-04-30
ReturnHeader/TaxYr02021

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$667,164
Liabilities
$0
Net assets
$667,164
Revenue
$1,025,996
Expenses
$350,334
Net income
$675,662
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.00$0.96$0.25$0.04$0.21
2022Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$1.03$0.35$0.68
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$0.00$0.00$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.00$0.05$0.00$0.00$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.00$0.09$0.00$0.01$0.01