Civic Intelligence

Theta Chi Fraternity Inc Alpha Iota Chapter

990EZ • Fiscal year 2016 • EIN 35-0873763

Jul 01, 2015 to Jun 30, 2016 • Filed on May 23, 2017

1440 North Jordan AvenueBloomington, IN 47406

(847) 275-2137

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.00x

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

2016 filings • 501(c)7 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

53rd percentile

0.00x

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

2016 filings • 501(c)7 • <$500k nonprofits • Source year 2016

Net Margin

32nd percentile

-2.2%

Higher net margin than 32% of similar nonprofits.

2016 filings • 501(c)7 • <$500k nonprofits • Source year 2016

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

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

2016 filings • 501(c)7 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

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

Source year 2016

Revenue Growth

Score unavailable

No value available

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

Source year 2016

Assets

$17,215

No earlier filing loaded for comparison.

Net Assets

$17,215

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$178,455

No earlier filing loaded for comparison.

Expenses

$182,340

No earlier filing loaded for comparison.

Net Income

-$3,885

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.

$100K$50K$0Assets 2016: $17,215Liabilities 2016: $0Net Assets 2016: $17,2152016Assets 2020: $2,604Net Assets 2020: $2,6042020Assets 2021: $31,017Net Assets 2021: $31,0172021Assets 2022: $50,939Liabilities 2022: $0Net Assets 2022: $50,9392022Assets 2023: $14,738Liabilities 2023: $0Net Assets 2023: $14,7382023Assets 2024: $172Liabilities 2024: $0Net Assets 2024: $1722024Assets 2025: $82,574Liabilities 2025: $0Net Assets 2025: $82,5742025

Highlighted filing

2016

Assets$17,215
Liabilities$0
Net Assets$17,215

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2016: $178,455Expenses 2016: $182,340Net Income 2016: -$3,8852016Revenue 2020: $187,252Expenses 2020: $187,252Net Income 2020: $02020Revenue 2021: $175,710Expenses 2021: $147,297Net Income 2021: $28,4132021Revenue 2022: $236,272Expenses 2022: $216,350Net Income 2022: $19,9222022Revenue 2023: $290,631Expenses 2023: $299,079Net Income 2023: -$8,4482023Revenue 2024: $340,597Expenses 2024: $355,163Net Income 2024: -$14,5662024Revenue 2025: $412,987Expenses 2025: $330,585Net Income 2025: $82,4022025

Highlighted filing

2016

Revenue$178,455
Expenses$182,340
Net Income-$3,885
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 23, 2017
Return Version
2015v3.0
Gross Receipts
$178,455
Mission and Program Overview

Mission

To operate the local chapter of theta chi fraternity alpha iota chapter at indiana university, a college social fraternity. Specifically, to promote the social, intellectual, and moral development of college and university men, both members and pledges of theta chi fraternity. To continue among graduate members the close friendship and loyalty inspired and stabilized by mutual aid and understanding. To support the education of members and outstanding scholars, to assist members in time of need, and to support selected humanitarian activities. Our organization supports numerous charitable organizations and we hold many community service events annually.

The organization is a local chapter of national collegiate social fraternity whose purpose is to provide meals, housing and social programs for the local social fraternity members.

Program Services

DescriptionGrantsExpenses
PROVIDED MEALS, HOUSING AND SOCIAL PROGRAMS TO THE LOCAL SOCIAL FRATERNITY MEMBERS - A TOTAL OF 137 MEMBERS FOR THE YEAR.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SHELTON BUELLAlumni Relations Chairman-$0--
JOHN MEYERAlumni Relations Chairman-$0--
PARKER WAITSChaplain-$0--
CLINT MCALLISTERFirst Guard-$0--
CHAD SWAINHouse Improvement Chair-$0--
JEREMY MULLINSHouse Manager-$0--
JUSTIN PIEGATLibrarian-$0--
BRIAN KENEZMarshal-$0--
BRENDAN WALSHPhilanthropy Chair-$0--
CONOR BYRNEPresident-$0--
MAX ALEXANDERRecruitment Chair-$0--
JACOB SHERIDANScholarship Chairman-$0--
Filing and Contact Details

Filer

Filer Name
Theta Chi Fraternity Inc
EIN
35-0873763
Phone
8472752137
Address
1440 NORTH JORDAN AVENUE, BLOOMINGTON, IN 47406

Signing Officer

Name
Jacob Weiskirch
Title
Treasurer
Phone
8472752137
Signed
2017-05-23
Discuss with paid preparer
Yes

Preparer

Firm
Omega Financial Inc
Address
1242 6TH AVENUE, COLUMBUS, GA 31901
Preparer
Melanie Powell CPA
Phone
7065710083
Supplemental Narrative

Additional Explanations

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

Description: chapter dues/fees. Amount: 35,655. Description: chapter operations. Amount: 135,272. Total to form 990-ez, line 16: 170,927.

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

Description: accounts receivable. Beg. Of year amount: 9,795. End of year amount: 8,270.

Raw XML Appendix164 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum08472752137
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BLOOMINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd047404
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt011305
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SHELTON BUELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOHN MEYER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PARKER WAITS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CLINT MCALLISTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CHAD SWAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JEREMY MULLINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JUSTIN PIEGAT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7BRIAN KENEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8BRENDAN WALSH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9CONOR BYRNE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10MAX ALEXANDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11JACOB SHERIDAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0ALUMNI RELATIONS CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1ALUMNI RELATIONS CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CHAPLAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3FIRST GUARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4HOUSE IMPROVEMENT CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5HOUSE MANAGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6LIBRARIAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7MARSHAL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8PHILANTHROPY CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10RECRUITMENT CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11SCHOLARSHIP CHAIRMAN
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt08270
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0170927
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION IS A LOCAL CHAPTER OF NATIONAL COLLEGIATE SOCIAL FRATERNITY WHOSE PURPOSE IS TO PROVIDE MEALS, HOUSING AND SOCIAL PROGRAMS FOR THE LOCAL SOCIAL FRATERNITY MEMBERS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED MEALS, HOUSING AND SOCIAL PROGRAMS TO THE LOCAL SOCIAL FRATERNITY MEMBERS - A TOTAL OF 137 MEMBERS FOR THE YEAR.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt0182340
IRS990EZ/TotalRevenueAmt0178455
IRS990EZ/TypeOfOrganizationOtherDesc0FRATERNITY
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990EZ/WebsiteAddressTxt0WWW.INDIANA.EDU/THETACHI
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: CHAPTER DUES/FEES. AMOUNT: 35,655. DESCRIPTION: CHAPTER OPERATIONS. AMOUNT: 135,272. TOTAL TO FORM 990-EZ, LINE 16: 170,927.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 9,795. END OF YEAR AMOUNT: 8,270.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
ReasonableCauseExplanation/ExplanationTxt0THE ORGANIZATION'S OFFICERS ARE COMPRISED OF COLLEGE STUDENTS WHO SERVE IN THEIR CAPACITY AS OFFICERS ON A VOLUNTEER BASIS AND RECEIVE NO COMPENSATION FOR THEIR POSITION AS OFFICER. THE ORGANIZATION HAS HAD TURNOVER AMONG THE VARIOUS OFFICER POSITIONS IN THE CURRENT YEAR AND THE 990 FILING RESPONSIBILITIES WERE NOT WELL COMMUNICATED TO THE NEW OFFICERS. THE CURRENT OFFICERS REALIZED THAT THE 990 DUE DATE WAS ON 11/15/2016 AND IMMEDIATELY TOOK ACTION AND GATHERED THE INFORMATION NEEDED TO FILE A COMPLETE AND ACCURATE RETURN.BASED ON THE REASONS STATED ABOVE, WE ASK THAT YOU PLEASE WAIVE THE LATE FILING PENALTY. YOUR CONSIDERATION IN THE MATTER WILL BE GREATLY APPRECIATED.
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/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JACOB WEISKIRCH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08472752137
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THETA CHI FRATERNITY INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ALPHA IOTA CHAPTER
ReturnHeader/Filer/BusinessNameControlTxt0THET
ReturnHeader/Filer/EIN0350873763
ReturnHeader/Filer/PhoneNum08472752137
ReturnHeader/Filer/USAddress/AddressLine1Txt01440 NORTH JORDAN AVENUE
ReturnHeader/Filer/USAddress/CityNm0BLOOMINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd047406
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0582096979
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0OMEGA FINANCIAL INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01242 6TH AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLUMBUS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd031901
ReturnHeader/PreparerPersonGrp/PhoneNum07065710083
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MELANIE POWELL CPA
ReturnHeader/ReturnTs02017-06-02T12:39:05-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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Filings