Civic Intelligence

Morrill Chapter of the Alpha Zeta Fraternity Inc

990EZ • Fiscal year 2018 • EIN 25-1403749

Sep 01, 2017 to Aug 31, 2018 • Filed on Jan 25, 2019

360 North Burrowes RoadState College, PA 16801

(814) 404-4760

Siviq Scores

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

Liabilities / Assets

81st percentile

0.21x

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

2018 filings • 501(c)7 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

88th percentile

0.50x

Higher debt load relative to revenue than 88% of similar nonprofits.

2018 filings • 501(c)7 • <$500k nonprofits • Source year 2018

Net Margin

93rd percentile

34%

Higher net margin than 93% of similar nonprofits.

2018 filings • 501(c)7 • <$500k nonprofits • Source year 2018

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

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

2018 filings • 501(c)7 • <$500k nonprofits • Source year 2018

Asset Growth

42nd percentile

-0.7%

Faster asset growth than 42% of similar nonprofits.

2018 filings • 501(c)7 • <$500k nonprofits • Annualized from 2016 to 2018

Revenue Growth

84th percentile

23%

Faster revenue growth than 84% of similar nonprofits.

2018 filings • 501(c)7 • <$500k nonprofits • Annualized from 2016 to 2018

Assets

Down

$290,345

Down $4,167 (-1.4%) from 2016

Net Assets

Up

$229,441

Up $22,036 (+11%) from 2016

Liabilities

Down

$60,904

Down $26,203 (-30%) from 2016

Revenue

Up

$122,117

Up $41,246 (+51%) from 2016

Expenses

Down

$80,100

Down $12,698 (-14%) from 2016

Net Income

Up

$42,017

Up $53,944 (+452%) from 2016

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2015: $266,959Liabilities 2015: $47,627Net Assets 2015: $219,3322015Assets 2016: $294,512Liabilities 2016: $87,107Net Assets 2016: $207,4052016Assets 2018: $290,345Liabilities 2018: $60,904Net Assets 2018: $229,4412018Assets 2019: $243,855Liabilities 2019: $47,304Net Assets 2019: $196,5512019Assets 2020: $203,978Liabilities 2020: $32,978Net Assets 2020: $171,0002020Assets 2021: $202,817Liabilities 2021: $31,750Net Assets 2021: $171,0672021Assets 2022: $211,949Liabilities 2022: $31,750Net Assets 2022: $180,1992022Assets 2023: $201,717Liabilities 2023: $33,750Net Assets 2023: $167,9672023Assets 2024: $174,639Liabilities 2024: $36,250Net Assets 2024: $138,3892024Assets 2025: $130,504Liabilities 2025: $64,051Net Assets 2025: $66,4532025

Highlighted filing

2018

Assets$290,345
Liabilities$60,904
Net Assets$229,441

Operations Trend

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

$200K$100K$0-$100KRevenue 2015: $58,665Expenses 2015: $67,343Net Income 2015: -$8,6782015Revenue 2016: $80,871Expenses 2016: $92,798Net Income 2016: -$11,9272016Revenue 2018: $122,117Expenses 2018: $80,100Net Income 2018: $42,0172018Revenue 2019: $50,140Expenses 2019: $83,030Net Income 2019: -$32,8902019Revenue 2020: $65,345Expenses 2020: $90,896Net Income 2020: -$25,5512020Revenue 2021: $79,290Expenses 2021: $79,223Net Income 2021: $672021Revenue 2022: $75,045Expenses 2022: $65,913Net Income 2022: $9,1322022Revenue 2023: $62,762Expenses 2023: $74,994Net Income 2023: -$12,2322023Revenue 2024: $63,581Expenses 2024: $93,159Net Income 2024: -$29,5782024Revenue 2025: $75,369Expenses 2025: $147,305Net Income 2025: -$71,9362025

Highlighted filing

2018

Revenue$122,117
Expenses$80,100
Net Income$42,017
Jump To
Filing Snapshot
Filing Period
Sep 1, 2017 to Aug 31, 2018
Signed
Jan 25, 2019
Return Version
2017v2.3
Gross Receipts
$122,117
Mission and Program Overview

Mission

To raise the standards of members.

Program Services

DescriptionGrantsExpenses
PROVIDE LIVING FACILITIES AND SUPPORT TO FRATERNITY MEMBERS.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ARTHUR H KEENPresidentPT$0--
DANIEL FRECHENVice PresidentPT$0--
MARK LOWERYSecretaryPT$0--
THADDEUS WILLTreasurerPT$0--
EMILY GWINAlumni Relations ChairPT$0--
JOE LESLIEScholarship ChairPT$0--
Filing and Contact Details

Filer

Filer Name
Morrill Chapter of the
EIN
25-1403749
Phone
8144044760
Address
360 NORTH BURROWES ROAD, STATE COLLEGE, PA 16801

Signing Officer

Name
Thaddeus Will
Title
Treasurer
Phone
8144044760
Signed
2019-01-25
Discuss with paid preparer
Yes

Preparer

Firm
Okonak Dean & Lechner Pc
Address
3941 SOUTH ATHERTON STREET, STATE COLLEGE, PA 16801
Preparer
Marc a Sackett
Phone
8144663100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 6.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 27,761. Description: other expenses. Amount: 7,045. Total to form 990-ez, line 14: 34,806.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: alumni relations. Amount: 16,546. Description: bank charges. Amount: 30. Description: insurance expense. Amount: 12,676. Description: interest expense. Amount: 2,828. Description: property taxes. Amount: 11,494. Description: office expense. Amount: 460. Total to form 990-ez, line 16: 44,034.

Form 990-ez, Part II, Line 24 - Other Assets

Description: prepaid expenses. Beg. Of year amount: 12,642. End of year amount: 14,010. Description: security deposit escrow. Beg. Of year amount: 19,111. End of year amount: 6,779. Description: rents receivable. Beg. Of year amount: 4,621. End of year amount: 0. Description: other depreciable assets. Beg. Of year amount: 57,189. End of year amount: 53,168.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: security deposits held. Beg. Of year amount: 16,750. End of year amount: 16,750. Description: notes payable. Beg. Of year amount: 57,063. End of year amount: 44,154.

Raw XML Appendix143 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.

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IRS990EZ/BooksInCareOfDetail/PersonNm0THADDEUS WILL
IRS990EZ/BooksInCareOfDetail/PhoneNum08145747097
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0360 NORTH BURROWES ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0STATE COLLEGE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ARTHUR H KEEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DANIEL FRECHEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARK LOWERY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3THADDEUS WILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4EMILY GWIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JOE LESLIE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4ALUMNI RELATIONS CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5SCHOLARSHIP CHAIR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt044034
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO RAISE THE STANDARDS OF MEMBERS.
IRS990EZ/ProgramServiceRevenueAmt042817
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE LIVING FACILITIES AND SUPPORT TO FRATERNITY MEMBERS.
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt080100
IRS990EZ/TotalRevenueAmt0122117
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.ALPHAZETAPSU.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 6.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DEPRECIATION. AMOUNT: 27,761. DESCRIPTION: OTHER EXPENSES. AMOUNT: 7,045. TOTAL TO FORM 990-EZ, LINE 14: 34,806.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ALUMNI RELATIONS. AMOUNT: 16,546. DESCRIPTION: BANK CHARGES. AMOUNT: 30. DESCRIPTION: INSURANCE EXPENSE. AMOUNT: 12,676. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 2,828. DESCRIPTION: PROPERTY TAXES. AMOUNT: 11,494. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 460. TOTAL TO FORM 990-EZ, LINE 16: 44,034.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 12,642. END OF YEAR AMOUNT: 14,010. DESCRIPTION: SECURITY DEPOSIT ESCROW. BEG. OF YEAR AMOUNT: 19,111. END OF YEAR AMOUNT: 6,779. DESCRIPTION: RENTS RECEIVABLE. BEG. OF YEAR AMOUNT: 4,621. END OF YEAR AMOUNT: 0. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 57,189. END OF YEAR AMOUNT: 53,168.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: SECURITY DEPOSITS HELD. BEG. OF YEAR AMOUNT: 16,750. END OF YEAR AMOUNT: 16,750. DESCRIPTION: NOTES PAYABLE. BEG. OF YEAR AMOUNT: 57,063. END OF YEAR AMOUNT: 44,154.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0THADDEUS WILL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08144044760
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-01-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MORRILL CHAPTER OF THE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ALPHA ZETA FRATERNITY INC
ReturnHeader/Filer/BusinessNameControlTxt0MORR
ReturnHeader/Filer/EIN0251403749
ReturnHeader/Filer/PhoneNum08144044760
ReturnHeader/Filer/USAddress/AddressLine1Txt0360 NORTH BURROWES ROAD
ReturnHeader/Filer/USAddress/CityNm0STATE COLLEGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd016801
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0997AEF1D40D9FBD9396412979493082CC8063180
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0997AEF1D40D9FBD9396412979493082CC8063180
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0207.255.4.62
ReturnHeader/FilingSecurityInformation/IPDt02019-01-25
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm013:19:12
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0251514411
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0OKONAK DEAN & LECHNER PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03941 SOUTH ATHERTON STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0STATE COLLEGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd016801
ReturnHeader/PreparerPersonGrp/PhoneNum08144663100
ReturnHeader/PreparerPersonGrp/PreparationDt02019-01-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARC A SACKETT
ReturnHeader/ReturnTs02019-02-15T17:47:49-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-09-01
ReturnHeader/TaxPeriodEndDt02018-08-31
ReturnHeader/TaxYr02017

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Filings