Civic Intelligence

Chi Omega Fraternity

990 • Fiscal year 2024 • EIN 23-7424481

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 08, 2024

USA U1118 350 Student Center CirclMobile, AL 36688

(251) 341-2986

Siviq Scores

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

Liabilities / Assets

87th percentile

0.38x

Higher debt load relative to assets than 87% of similar nonprofits.

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

Liabilities / Revenue

81st percentile

0.17x

Higher debt load relative to revenue than 81% of similar nonprofits.

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

Net Margin

31st percentile

-3.6%

Higher net margin than 31% of similar nonprofits.

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

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

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

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Assets

$96,371

No earlier filing loaded for comparison.

Net Assets

$59,575

No earlier filing loaded for comparison.

Liabilities

$36,796

No earlier filing loaded for comparison.

Revenue

$212,137

No earlier filing loaded for comparison.

Expenses

$219,700

No earlier filing loaded for comparison.

Net Income

-$7,563

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2024: $96,371Liabilities 2024: $36,796Net Assets 2024: $59,5752024Assets 2025: $134,138Liabilities 2025: $41,418Net Assets 2025: $92,7202025

Highlighted filing

2024

Assets$96,371
Liabilities$36,796
Net Assets$59,575

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2024: $212,137Expenses 2024: $219,700Net Income 2024: -$7,5632024Revenue 2025: $219,907Expenses 2025: $191,474Net Income 2025: $28,4332025

Highlighted filing

2024

Revenue$212,137
Expenses$219,700
Net Income-$7,563
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 8, 2024
Return Version
2023v5.1
Gross Receipts
$212,137
Mission and Program Overview

Mission

Friendship, personal integrity, service to others, academic excellence and intellectual pursuits, community and campus involvement.

Recreational social club.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$95,526$64,013▼ $31,513
Rtn Earn Endowment Incm Other Fnds$67,138$59,575▼ $7,563
Accounts Receivable-$32,358-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$95,526$96,371▲ $845
Liabilities
Deferred Revenue$27,209$35,692▲ $8,483
Accounts Payable and Accrued Expenses$1,179$1,104▼ $75
Total Liabilities$28,388$36,796▲ $8,408
Net Assets / Fund Balance
Total Net Assets Fund Balance$67,138$59,575▼ $7,563
Total Liabilities and Net Assets / Fund Balance$95,526$96,371▲ $845
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nicole HoppePersonnel Chair
Halee SharkeyRecruitment Chair
Anna Katherine SpeckPresident
Shelby WahlVice President
Madeline HastonDirector of Programming
Mackenzie RoweFacilities Manager
Lauren FerrariMember Educator
Ashley CoreyPanhellenic Delegate
Laila HarrisSecretary
Reagan WattsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$212,137
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-7,563
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$219,700
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
Fees for Services Other$166,242$9,044-$175,286
Occupancy$44,414--$44,414
Total Functional Expenses$210,656$9,044$0$219,700
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 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
No
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 6

MEMBERS

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

Members elect the governing body.

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

Form 990 is reviewed by executive committee.

Form 990, Part VI, Section C, Line 19

The organization provides copies of documents to the public upon request.

Filing and Contact Details

Filer

Filer Name
Beta Theta Chapter of Chi Omega
EIN
23-7424481
Phone
2513412986
Address
USA U1118 350 STUDENT CENTER CIRCL, MOBILE, AL 36688

Signing Officer

Name
Reagan Watts
Title
Treasurer
Phone
2054108704
Signed
2024-11-08

Organization Details

Principal Officer
Reagan Watts
Formed
1969
Legal Domicile
Al
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
50
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Chapter expenses: program service expenses 76,539. Management and general expenses 0. Fundraising expenses 0. Total expenses 76,539. President expenses - training: program service expenses 0. Management and general expenses 6,046. Fundraising expenses 0. Total expenses 6,046. Vice president expenses - supplies: program service expenses 0. Management and general expenses 2,515. Fundraising expenses 0. Total expenses 2,515. Treasurer supplies: program service expenses 0. Management and general expenses 483. Fundraising expenses 0. Total expenses 483. Member educator expenses: program service expenses 20,404. Management and general expenses 0. Fundraising expenses 0. Total expenses 20,404. Personnel chair expenses : program service expenses 1,453. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,453. Recruitment chair expenses: program service expenses 5,181. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,181. Panhellenic expenses: program service expenses 2,599. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,599. Social events : program service expenses 37,452. Management and general expenses 0. Fundraising expenses 0. Total expenses 37,452. Sisterhood expenses: program service expenses 8,419. Management and general expenses 0. Fundraising expenses 0. Total expenses 8,419. Marketing: program service expenses 1,541. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,541. Community service: program service expenses 9,814. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,814. Campus activities: program service expenses 2,100. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,100. Dei: program service expenses 740. Management and general expenses 0. Fundraising expenses 0. Total expenses 740.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS REVIEWED BY EXECUTIVE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION PROVIDES COPIES OF DOCUMENTS TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CHAPTER EXPENSES: PROGRAM SERVICE EXPENSES 76,539. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 76,539. PRESIDENT EXPENSES - TRAINING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 6,046. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,046. VICE PRESIDENT EXPENSES - SUPPLIES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,515. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,515. TREASURER SUPPLIES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 483. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 483. MEMBER EDUCATOR EXPENSES: PROGRAM SERVICE EXPENSES 20,404. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,404. PERSONNEL CHAIR EXPENSES : PROGRAM SERVICE EXPENSES 1,453. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,453. RECRUITMENT CHAIR EXPENSES: PROGRAM SERVICE EXPENSES 5,181. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,181. PANHELLENIC EXPENSES: PROGRAM SERVICE EXPENSES 2,599. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,599. SOCIAL EVENTS : PROGRAM SERVICE EXPENSES 37,452. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,452. SISTERHOOD EXPENSES: PROGRAM SERVICE EXPENSES 8,419. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,419. MARKETING: PROGRAM SERVICE EXPENSES 1,541. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,541. COMMUNITY SERVICE: PROGRAM SERVICE EXPENSES 9,814. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,814. CAMPUS ACTIVITIES: PROGRAM SERVICE EXPENSES 2,100. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,100. DEI: PROGRAM SERVICE EXPENSES 740. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 740.
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IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt01999
IRS990/TotalProgramServiceExpensesAmt0210656
IRS990/TotalProgramServiceRevenueAmt0212137
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0212137
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0212137
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt095526
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt096371
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0110 LONG STREET APT F31
IRS990/USAddress/CityNm0MOBILE
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd036688
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0HTTP://SOUTHALABAMA.CHIOMEGA.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0REAGAN WATTS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02054108704
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BETA THETA CHAPTER OF CHI OMEGA
ReturnHeader/Filer/BusinessNameControlTxt0BETA
ReturnHeader/Filer/EIN0237424481
ReturnHeader/Filer/PhoneNum02513412986
ReturnHeader/Filer/USAddress/AddressLine1Txt0USA U1118 350 STUDENT CENTER CIRCL
ReturnHeader/Filer/USAddress/CityNm0MOBILE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd036688
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/ReturnTs02024-11-08T10:39:53-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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