Civic Intelligence

Interfraternity Council

990EZ • Fiscal year 2019 • EIN 35-6043082

Jul 01, 2018 to Jun 30, 2019 • Filed on May 06, 2020

1198 Third St Krch Rm 365Lafayette, IN 47907-2109

(765) 494-2717

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

27th percentile

-5.5%

Higher net margin than 27% of similar nonprofits.

2019 filings • 501(c)7 • <$500k nonprofits • Source year 2019

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.

2019 filings • 501(c)7 • <$500k nonprofits • Source year 2019

Asset Growth

19th percentile

-12%

Faster asset growth than 19% of similar nonprofits.

2019 filings • 501(c)7 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

60th percentile

4.5%

Faster revenue growth than 60% of similar nonprofits.

2019 filings • 501(c)7 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$50,629

Down $7,094 (-12%) from 2018

Net Assets

Down

$50,629

Down $7,094 (-12%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$129,119

Up $5,617 (+4.5%) from 2018

Expenses

Up

$136,214

Up $1,134 (+0.8%) from 2018

Net Income

Up

-$7,095

Up $4,483 (+39%) from 2018

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2013: $13,152Net Assets 2013: $13,1522013Assets 2014: $19,558Net Assets 2014: $19,5582014Assets 2015: $35,655Net Assets 2015: $35,6552015Assets 2016: $59,100Net Assets 2016: $59,1002016Assets 2017: $69,301Net Assets 2017: $69,3012017Assets 2018: $57,723Net Assets 2018: $57,7232018Assets 2019: $50,629Net Assets 2019: $50,6292019Assets 2020: $78,977Net Assets 2020: $78,9772020Assets 2021: $104,769Net Assets 2021: $104,7692021Assets 2022: $129,479Net Assets 2022: $129,4792022Assets 2023: $41,499Net Assets 2023: $41,4992023Assets 2024: $93,818Net Assets 2024: $93,8182024

Highlighted filing

2019

Assets$50,629
Liabilities-
Net Assets$50,629

Operations Trend

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

$200K$100K$0-$100KRevenue 2013: $93,077Expenses 2013: $88,599Net Income 2013: $4,4782013Revenue 2014: $102,180Expenses 2014: $95,774Net Income 2014: $6,4062014Revenue 2015: $124,696Expenses 2015: $108,599Net Income 2015: $16,0972015Revenue 2016: $174,913Expenses 2016: $151,469Net Income 2016: $23,4442016Revenue 2017: $119,670Expenses 2017: $109,470Net Income 2017: $10,2002017Revenue 2018: $123,502Expenses 2018: $135,080Net Income 2018: -$11,5782018Revenue 2019: $129,119Expenses 2019: $136,214Net Income 2019: -$7,0952019Revenue 2020: $146,933Expenses 2020: $118,585Net Income 2020: $28,3482020Revenue 2021: $98,173Expenses 2021: $72,383Net Income 2021: $25,7902021Revenue 2022: $164,647Expenses 2022: $139,937Net Income 2022: $24,7102022Revenue 2023: $107,124Expenses 2023: $195,105Net Income 2023: -$87,9812023Revenue 2024: $194,588Expenses 2024: $142,271Net Income 2024: $52,3172024

Highlighted filing

2019

Revenue$129,119
Expenses$136,214
Net Income-$7,095
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 6, 2020
Return Version
2018v3.2
Gross Receipts
$129,119
Mission and Program Overview

Mission

Through the unification of the purdue fraternity and sorority community, we will strive to create an environment where member fraternities, governing councils, and all members coordinate the development of academic values, interpersonal skills, relationships, and social experiences. The interfraternity council will provide our member organizations with the resources necessary to develop world-class leaders; thus bettering ourselves, our campus, and our community.

Program Services

DescriptionGrantsExpenses
CREATE AND MAINTAIN COOPORATION AND COORDINATE INTERFRATERNAL AFFAIRS AMONG MEMBER FRATERNITIES; FOSTER THE DEVELOPMENT OF SCHOLARSHIP AND LEADERSHIP AMONG MEMBER FRATERNITIES AND THEIR MEMEBERS; PROMOTE A POSITIVE RELATIONSHIP BETWEEN COMMUNITY AND MEMBER FRATERNITIES; ACT AS A MEDIUM BETWEEN MEMBER FRATERNTIIES AND OTHER STUDENT ORGANIZATIONS, THE STUDENT BODY, AND THE FACULTY AND ADMINISTRATION; INSTITUTE POLICIES AND RULES THAT WILL MAINTAIN THE PURPOSES OF THE IFC; PROVIDE SERVICE--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN CAPETTEVP Of PrograPT$0--
CAMBERON GREGSONVP Of Risk MPT$0--
ISAAC TAYLORVP Of AdminiPT$0--
LIAM BETTEZPresidentPT$0--
ANDREW CLINEVP Of MemberPT$0--
BRYCE MITCHELLChief JusticPT$0--
SPENCER LOSINGAssoc ChiefPT$0--
ADAM SCHRECKDirector Of PhilaPT$0--
ALEXANDER METZDirector Of Schol-$0--
TY HANDLEYDirector Of AdminPT$0--
KAUSTUBH RAYDirector Of RecruPT$0--
COOPER FEENEYDirector Of FinanPT$0--
ELI GRAVESDirector Of Greek-$0--
Filing and Contact Details

Filer

Filer Name
Interfraternity Council
EIN
35-6043082
Address
1198 THIRD ST KRCH RM 365, LAFAYETTE, IN 47907-2109

Signing Officer

Name
Liam Bettez
Title
President
Phone
7654942127
Signed
2020-05-06
Discuss with paid preparer
Yes

Preparer

Firm
Huth Thompson Llp
Address
PO BOX 970, LAFAYETTE, IN 47902-0970
Preparer
Kimberley R Morisette
Phone
7654285000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Refunds 3,500 late or penalty fee 2,343 total 5,843

Form 990-ez, Part I, Line 16

Expenses advertising/publicity 23,602 office supplies and expense 11 computer services 120 trip/travel expense 567 conference/convention expense 22,910 clothing expense 14,277 food and drink expense 72 physical plant services 21 service contract pymt 27,390 rental expense 3,121 service contract pymt 2,150 bad debt expense 2,538 national dues expense 11,099 refunds 10,207 social and party expense 3,976 subscription expense 333 grand prix expense 2,085 student worker 5,260 non-investment depreciation 52 total 129,791

Form 990-ez, Part II, Line 24

606 606 less accumulated depreciation 454 506 total 152 100

Form 990-ez, Part III

Through the unification of the purdue fraternity and sorority community, we will strive to create an environment where member fraternities, governing councils, and all members coordinate the development of academic values, interpersonal skills, relationships, and social experiences. The interfraternity council will provide our member organizations with the resources necessary to develop world-class leaders; thus bettering ourselves, our campus, and our community.

Form 990-ez, Part III, Line 28

Create and maintain cooporation and coordinate interfraternal affairs among member fraternities; foster the development of scholarship and leadership among member fraternities and their memebers; promote a positive relationship between community and member fraternities; act as a medium between member fraterntiies and other student organizations, the student body, and the faculty and administration; institute policies and rules that will maintain the purposes of the ifc; provide service

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REFUNDS 3,500 LATE OR PENALTY FEE 2,343 TOTAL 5,843
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING/PUBLICITY 23,602 OFFICE SUPPLIES AND EXPENSE 11 COMPUTER SERVICES 120 TRIP/TRAVEL EXPENSE 567 CONFERENCE/CONVENTION EXPENSE 22,910 CLOTHING EXPENSE 14,277 FOOD AND DRINK EXPENSE 72 PHYSICAL PLANT SERVICES 21 SERVICE CONTRACT PYMT 27,390 RENTAL EXPENSE 3,121 SERVICE CONTRACT PYMT 2,150 BAD DEBT EXPENSE 2,538 NATIONAL DUES EXPENSE 11,099 REFUNDS 10,207 SOCIAL AND PARTY EXPENSE 3,976 SUBSCRIPTION EXPENSE 333 GRAND PRIX EXPENSE 2,085 STUDENT WORKER 5,260 NON-INVESTMENT DEPRECIATION 52 TOTAL 129,791
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2606 606 LESS ACCUMULATED DEPRECIATION 454 506 TOTAL 152 100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THROUGH THE UNIFICATION OF THE PURDUE FRATERNITY AND SORORITY COMMUNITY, WE WILL STRIVE TO CREATE AN ENVIRONMENT WHERE MEMBER FRATERNITIES, GOVERNING COUNCILS, AND ALL MEMBERS COORDINATE THE DEVELOPMENT OF ACADEMIC VALUES, INTERPERSONAL SKILLS, RELATIONSHIPS, AND SOCIAL EXPERIENCES. THE INTERFRATERNITY COUNCIL WILL PROVIDE OUR MEMBER ORGANIZATIONS WITH THE RESOURCES NECESSARY TO DEVELOP WORLD-CLASS LEADERS; THUS BETTERING OURSELVES, OUR CAMPUS, AND OUR COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CREATE AND MAINTAIN COOPORATION AND COORDINATE INTERFRATERNAL AFFAIRS AMONG MEMBER FRATERNITIES; FOSTER THE DEVELOPMENT OF SCHOLARSHIP AND LEADERSHIP AMONG MEMBER FRATERNITIES AND THEIR MEMEBERS; PROMOTE A POSITIVE RELATIONSHIP BETWEEN COMMUNITY AND MEMBER FRATERNITIES; ACT AS A MEDIUM BETWEEN MEMBER FRATERNTIIES AND OTHER STUDENT ORGANIZATIONS, THE STUDENT BODY, AND THE FACULTY AND ADMINISTRATION; INSTITUTE POLICIES AND RULES THAT WILL MAINTAIN THE PURPOSES OF THE IFC; PROVIDE SERVICE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
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