Civic Intelligence

Upsilon Chapter Inc

990 • Fiscal year 2021 • EIN 35-6024166

Jul 01, 2020 to Jun 30, 2021 • Filed on Jan 25, 2022

608 N College AveBloomington, IN 47404

(812) 333-4848

Siviq Scores

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

Liabilities / Assets

79th percentile

0.55x

Higher debt load relative to assets than 79% of similar nonprofits.

2021 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

98th percentile

10.32x

Higher debt load relative to revenue than 98% of similar nonprofits.

2021 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2021

Net Margin

77th percentile

22%

Higher net margin than 77% of similar nonprofits.

2021 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

Score unavailable

No value available

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

Source year 2021

Revenue Growth

Score unavailable

No value available

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

Source year 2021

Assets

$4,757,112

No earlier filing loaded for comparison.

Net Assets

$2,125,371

No earlier filing loaded for comparison.

Liabilities

$2,631,741

No earlier filing loaded for comparison.

Revenue

$255,000

No earlier filing loaded for comparison.

Expenses

$197,704

No earlier filing loaded for comparison.

Net Income

$57,296

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.

$6.0M$4.0M$2.0M$0Assets 2021: $4,757,112Liabilities 2021: $2,631,741Net Assets 2021: $2,125,3712021Assets 2022: $4,811,172Liabilities 2022: $2,567,503Net Assets 2022: $2,243,6692022Assets 2023: $4,903,584Liabilities 2023: $2,399,357Net Assets 2023: $2,504,2272023Assets 2024: $5,778,505Liabilities 2024: $2,272,628Net Assets 2024: $3,505,8772024

Highlighted filing

2021

Assets$4,757,112
Liabilities$2,631,741
Net Assets$2,125,371

Operations Trend

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

$1.5M$1.0M$500K$0Revenue 2021: $255,000Expenses 2021: $197,704Net Income 2021: $57,2962021Revenue 2022: $332,775Expenses 2022: $214,477Net Income 2022: $118,2982022Revenue 2023: $462,500Expenses 2023: $201,942Net Income 2023: $260,5582023Revenue 2024: $1,204,183Expenses 2024: $202,533Net Income 2024: $1,001,6502024

Highlighted filing

2021

Revenue$255,000
Expenses$197,704
Net Income$57,296
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jan 25, 2022
Return Version
2020v4.1
Gross Receipts
$255,000
Mission and Program Overview

Mission

Provide housing for active chapter members while attending Indiana University.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,456,645$4,456,645→ $0
Cash and Non-Interest-Bearing Accounts$304,043$300,467▼ $3,576
Total Assets$4,760,688$4,757,112▼ $3,576
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,692,613$2,631,741▼ $60,872
Total Liabilities$2,692,613$2,631,741▼ $60,872
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,068,075$2,125,371▲ $57,296
Total Net Assets Fund Balance$2,068,075$2,125,371▲ $57,296
Total Liabilities and Net Assets / Fund Balance$4,760,688$4,757,112▼ $3,576

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,753,975$565,659$4,319,634
Equipment$453,835-$453,835
Leasehold Improvements$200,713-$200,713
Land$48,122-$48,122
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sari FactorPresident
Beth LandeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$255,000
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$57,296
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$197,704
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
Interest---$143,755
Insurance---$25,818
Occupancy---$19,131
Fees for Services Accounting---$9,000
Total Functional Expenses$0$0$0$197,704
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
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
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

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

The 990 is presented to the board at a regular board meeting.

Form 990, Part VI, Section B, Line 12C

Board members are informed of the Policy. If any conflict of interest is determined such person shall give notice of such interest and shall thereafter refrain from discussing or voting on such matters related to the conflict of interest.

Form 990, Part VI, Section C, Line 18

documents are provided to the public only upon written request.

Filing and Contact Details

Filer

Filer Name
Upsilon Chapter Inc
EIN
35-6024166
Address
608 N College Ave, Bloomington, IN 47404

Signing Officer

Name
Sari Factor
Title
President
Signed
2022-01-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sari Factor
Formed
1960
Legal Domicile
In
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Alpha and Omega Inc
Address
608 N College Ave, Bloomington, IN 47404
Preparer
Diana Holdman
Phone
8123334848
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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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