Civic Intelligence

Chi Phi Fraternity Inc

990 • Fiscal year 2023 • EIN 35-2121870

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 08, 2023

Organization Profileindianachiphi.com
PO Box 20501Indianapolis, IN 46220

(512) 915-1910

Siviq Scores

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

Liabilities / Assets

71st percentile

0.21x

Higher debt load relative to assets than 71% of similar nonprofits.

2023 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

62nd percentile

0.11x

Higher debt load relative to revenue than 62% of similar nonprofits.

2023 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2023

Net Margin

49th percentile

4.5%

Higher net margin than 49% of similar nonprofits.

2023 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

88th percentile

$0

Higher top officer pay than 88% of similar nonprofits.

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

2023 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

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

Source year 2023

Revenue Growth

Score unavailable

No value available

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

Source year 2023

Balance Sheet
Liabilities / Assets71st percentile

Assets

$492,544

No earlier filing loaded for comparison.

Net Assets

$386,724

No earlier filing loaded for comparison.

Liabilities

$105,820

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin49th percentile

Revenue

$977,806

No earlier filing loaded for comparison.

Expenses

$933,897

No earlier filing loaded for comparison.

Net Income

$43,909

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$600K$400K$200K$0Assets 2023: $492,544Liabilities 2023: $105,820Net Assets 2023: $386,7242023Assets 2024: $508,446Liabilities 2024: $87,065Net Assets 2024: $421,3812024Assets 2025: $584,461Liabilities 2025: $74,260Net Assets 2025: $510,2012025

Highlighted filing

2023

Assets$492,544
Liabilities$105,820
Net Assets$386,724
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.5M$1.0M$500K$0Revenue 2023: $977,806Expenses 2023: $933,897Net Income 2023: $43,9092023Revenue 2024: $1,007,410Expenses 2024: $1,003,827Net Income 2024: $3,5832024Revenue 2025: $1,091,215Expenses 2025: $1,035,252Net Income 2025: $55,9632025

Highlighted filing

2023

Revenue$977,806
Expenses$933,897
Net Income$43,909
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 8, 2023
Return Version
2022v5.0
Gross Receipts
$977,806
Mission and Program Overview

Mission

Support Indiana University Chi Phi Alumni and Active Members through events and on campus fraternity housing.

Continue the engagement between Chi Phi Fraternity alumni members and support current members with on campus housing at Indiana University.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$265,191$290,108▲ $24,917
Cash and Non-Interest-Bearing Accounts$192,733$162,521▼ $30,212
Accounts Receivable-$39,915-
Total Assets$457,924$492,544▲ $34,620
Liabilities
Accounts Payable and Accrued Expenses$79,200$105,820▲ $26,620
Deferred Revenue$54,300--
Other Liabilities-$0-
Total Liabilities$133,500$105,820▼ $27,680
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$324,424$386,723▲ $62,299
Total Net Assets Fund Balance$324,424$386,723▲ $62,299
Total Liabilities and Net Assets / Fund Balance$457,924$492,543▲ $34,619
Compensation and Service Providers
Top Officer Pay88th percentile

Board Members and Trustees

NameTitle
Andrew StonePresident
Revenue and Support

Revenue Composition

Contributions and Grants
$24,370
Program Service Revenue
$945,200
Investment Income
$6,611
Other Revenue
$1,625
All Other Contributions
$24,370
Change in Net Assets
$43,909
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$928,926
Grants and Similar Amounts Paid$4,971
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$884,104--$884,104
Fees for Services Management$37,000--$37,000
Grants to Domestic Orgs$4,971--$4,971
Conferences and Meetings$3,274--$3,274
All Other Expenses$1,947--$1,947
Advertising$1,616--$1,616
Payments to Affiliates-$500-$500
Information Technology$0$248-$248
Office Expenses$0$214-$214
Fees for Services Legal$23--$23
Total Functional Expenses$932,935$962$0$933,897
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 11B

“IRS Filings are discussed during the next Board meeting following the filing date.”

Part VI, Line 19

“Documents are available upon request to the Association's Officers.”

Filing and Contact Details

Filer

Filer Name
Chi Phi Fraternity Inc
EIN
35-2121870
Address
PO BOX 20501, Indianapolis, IN 46220
Doing Business As
Indiana Chi Phi Alumni Association

Signing Officer

Name
Matthew Recupito
Title
Treasurer
Signed
2023-11-08

Organization Details

Principal Officer
Andrew Stone
Formed
1961
Legal Domicile
In
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
20
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$492,544
Liabilities
$105,820
Net assets
$386,724
Revenue
$977,806
Expenses
$933,897
Net income
$43,909
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.58$0.07$0.51$1.09$1.04$0.06
2024Detailed filing. Detailed filing data is available for this year.$0.51$0.09$0.42$1.01$1.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.49$0.11$0.39$0.98$0.93$0.04