Civic Intelligence

Omicron Delta Kappa Foundation Inc

990 • Fiscal year 2018 • EIN 31-1113255

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

224 Mclaughlin StreetLexington, VA 24450

(540) 458-5336

Siviq Scores

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

Liabilities / Assets

37th percentile

0.03x

Higher debt load relative to assets than 37% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.13x

Higher debt load relative to revenue than 56% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

87th percentile

37%

Higher net margin than 87% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

79th percentile

$131,231

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 27.2% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

78th percentile

15%

Faster asset growth than 78% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

30th percentile

-4.1%

Faster revenue growth than 30% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,842,424

Up $245,015 (+15%) from 2017

Net Assets

Up

$1,780,105

Up $242,310 (+16%) from 2017

Liabilities

Up

$62,319

Up $2,705 (+4.5%) from 2017

Revenue

Down

$482,377

Down $20,373 (-4.1%) from 2017

Expenses

Up

$305,056

Up $66,222 (+28%) from 2017

Net Income

Down

$177,321

Down $86,595 (-33%) from 2017

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $886,971Liabilities 2011: $89,244Net Assets 2011: $797,7272011Assets 2012: $1,011,439Liabilities 2012: $20,198Net Assets 2012: $991,2412012Assets 2013: $940,865Liabilities 2013: $20,682Net Assets 2013: $920,1832013Assets 2014: $1,047,790Liabilities 2014: $36,949Net Assets 2014: $1,010,8412014Assets 2015: $1,118,122Liabilities 2015: $50,573Net Assets 2015: $1,067,5492015Assets 2016: $1,272,488Liabilities 2016: $86,342Net Assets 2016: $1,186,1462016Assets 2017: $1,597,409Liabilities 2017: $59,614Net Assets 2017: $1,537,7952017Assets 2018: $1,842,424Liabilities 2018: $62,319Net Assets 2018: $1,780,1052018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2018

Assets$1,842,424
Liabilities$62,319
Net Assets$1,780,105

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $372,5782011Expenses 2012: $223,2612012Expenses 2013: $451,2882013Revenue 2014: $397,642Expenses 2014: $412,491Net Income 2014: -$14,8492014Revenue 2015: $267,909Expenses 2015: $224,760Net Income 2015: $43,1492015Revenue 2016: $381,254Expenses 2016: $248,748Net Income 2016: $132,5062016Revenue 2017: $502,750Expenses 2017: $238,834Net Income 2017: $263,9162017Revenue 2018: $482,377Expenses 2018: $305,056Net Income 2018: $177,3212018Revenue 2019: $1,149,213Expenses 2019: $287,918Net Income 2019: $861,2952019

Highlighted filing

2018

Revenue$482,377
Expenses$305,056
Net Income$177,321
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 12, 2018
Return Version
2017v2.3
Gross Receipts
$499,412
Mission and Program Overview

Mission

To develop a philanthropic community supporting the leadership programs and capabilities of omicron delta kappa and its members.

To support the philanthropic activities of the omicron delta kappa society, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,260,029$1,381,838▲ $121,809
Pledges and Grants Receivable$251,922$345,361▲ $93,439
Cash and Non-Interest-Bearing Accounts$60,503$84,662▲ $24,159
Savings and Temporary Cash Investments$24,025$29,633▲ $5,608
Prepaid Expenses and Deferred Charges$930$930→ $0
Total Assets$1,597,409$1,842,424▲ $245,015
Liabilities
Accounts Payable and Accrued Expenses$54,614$62,319▲ $7,705
Other Liabilities$5,000$0▼ $5,000
Total Liabilities$59,614$62,319▲ $2,705
Net Assets / Fund Balance
Temporarily Rstr Net Assets$878,377$1,074,438▲ $196,061
Unrestricted Net Assets$659,418$705,667▲ $46,249
Total Net Assets Fund Balance$1,537,795$1,780,105▲ $242,310
Total Liabilities and Net Assets / Fund Balance$1,597,409$1,842,424▲ $245,015

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$1,381,838--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$1,073,176$219,492▲ $114,670-$1,381,838
2016$1,073,176---$1,073,176
2015$968,615$104,488▲ $24,117-$1,073,176
2014$857,482$77,512▲ $40,121-$968,615
2013$822,222-▲ $140,360$96,400$857,482
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Tara SingerExecutive DirectorFT$131,231$131,231

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$432,675
Program Service Revenue
$0
Investment Income
$49,697
Other Revenue
$5
All Other Contributions
$432,675
Change in Net Assets
$177,321

Audited Revenue Reconciliation

Revenue per Audited Statements
$482,377
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$64,989
Total Revenue per Audited Statements
$547,366
Total Revenue per Form 990
$482,377
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$148,193
Total Fundraising Expense$105,944
Grants and Similar Amounts Paid$94,066
Professional Fundraising Fees$62,797
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Professional Fundraising--$62,797$62,797
Fees for Services Management-$60,000-$60,000
Grants to Domestic Individuals$50,123--$50,123
Grants to Domestic Orgs$43,943--$43,943
Conferences and Meetings$29,733--$29,733
Travel-$716$15,206$15,922
Fees for Services Accounting-$6,900-$6,900
Fees for Services Other-$900$2,934$3,834
Other Expenses-$3,237$6,680$3,237
Advertising--$1,093$1,093
Information Technology-$1,090-$1,090
Office Expenses-$41-$41
Total Functional Expenses$123,799$75,313$105,944$305,056

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$305,056
Total Expenses per Audited Statements$305,056
Total Expenses per Form 990$305,056
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Omicron Delta Kappa SocietyLexington, VA501(c)(3)Convention Support, Program Support, Asset Support$43,943
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$62,797
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
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Form 990 is reviewed by the associate executive director for business operations, the executive director, the president and the treasurer before it is filed. Copies are made available to all directors.

Form 990, Part VI, Section C, Line 18

Form 990 is available on the web at guidestar.org and in hardcopy on request.

Form 990, Part VI, Section C, Line 19

The constitution of omicron delta kappa society and the by laws of omicron delta kappa foundation are available for public inspection on the organization's web site.

Filing and Contact Details

Filer

Filer Name
Omicron Delta Kappa Foundation Inc
EIN
31-1113255
Phone
5404585336
Address
224 MCLAUGHLIN STREET, LEXINGTON, VA 24450

Signing Officer

Name
Sally Albrecht
Title
President
Phone
5404585336
Signed
2018-10-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sally Albrecht
Formed
1982
Legal Domicile
Fl
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
0

Preparer

Firm
Raetz & Hawkins Pc Cpas
Address
128 SOUTH RANDOLPH STREET, LEXINGTON, VA 24450-0916
Preparer
David B Hawkins
Phone
5404637121
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization did not change its procedures during the year.

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IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0452734
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt045343
IRS990/PYInvestmentIncomeAmt050016
IRS990/PYOtherExpensesAmt0179387
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0263916
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0238834
IRS990/PYTotalProfFndrsngExpnsAmt014104
IRS990/PYTotalRevenueAmt0502750
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0177321
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt05
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt05
IRS990/SavingsAndTempCashInvstGrp/BOYAmt024025
IRS990/SavingsAndTempCashInvstGrp/EOYAmt029633
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0432675
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0452734
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0337681
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0233877
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0354235
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01811202
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt049697
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt035714
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt043574
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt034032
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt043407
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0206424
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt049697
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt035714
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt043574
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt034032
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt043407
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0206424
IRS990ScheduleA/InvestmentIncomeCYPct00.10230
IRS990ScheduleA/InvestmentIncomePYPct00.11120
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.89770
IRS990ScheduleA/PublicSupportPY509Pct00.88880
IRS990ScheduleA/PublicSupportTotal509Amt01811202
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0432675
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0452734
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0337681
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0233877
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0354235
IRS990ScheduleA/Total509Grp/TotalAmt01811202
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0482372
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0488448
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0381255
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0267909
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0397642
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02017626
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01073176
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0219492
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01381838
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt025500
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0114670
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01073176
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01073176
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0968615
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0104488
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01073176
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt024044
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt024117
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0857482
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt077512
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0968615
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt06500
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt040121
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0822222
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0857482
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt08700
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0140360
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt096400
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0305056
IRS990ScheduleD/NetUnrealizedGainsInvstAmt064989
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01381838
IRS990ScheduleD/OtherSecuritiesGrp/Desc0VANGUARD MUTUAL FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt064989
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0482377
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt01381838
IRS990ScheduleD/TotalExpensesPerForm990Amt0305056
IRS990ScheduleD/TotalRevenuePerForm990Amt0482377
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0547366
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0305056
IRS990ScheduleG/AgrmtProfFundraisingActyInd01
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0CAMPAIGN COUNSEL
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0-46000
IRS990ScheduleG/FundraiserActivityInfoGrp/PersonNm0ALEXANDER HAAS
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt046000
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt03520 PIEDMONT PLACE SUITE 300
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0ATLANTA
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0GA
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd030305
IRS990ScheduleG/LicensedStatesCd0AL
IRS990ScheduleG/LicensedStatesCd1AK
IRS990ScheduleG/LicensedStatesCd2AZ
IRS990ScheduleG/LicensedStatesCd3AR
IRS990ScheduleG/LicensedStatesCd4CA
IRS990ScheduleG/LicensedStatesCd5CO
IRS990ScheduleG/LicensedStatesCd6CT
IRS990ScheduleG/LicensedStatesCd7DE
IRS990ScheduleG/LicensedStatesCd8FL
IRS990ScheduleG/LicensedStatesCd9GA
IRS990ScheduleG/LicensedStatesCd10HI
IRS990ScheduleG/LicensedStatesCd11ID
IRS990ScheduleG/LicensedStatesCd12IL
IRS990ScheduleG/LicensedStatesCd13IN
IRS990ScheduleG/LicensedStatesCd14IA
IRS990ScheduleG/LicensedStatesCd15KS
IRS990ScheduleG/LicensedStatesCd16KY
IRS990ScheduleG/LicensedStatesCd17LA
IRS990ScheduleG/LicensedStatesCd18ME

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