Civic Intelligence

Interfraternity Council

990EZ • Fiscal year 2020 • EIN 35-6043082

Jul 01, 2019 to Jun 30, 2020 • Filed on Mar 09, 2021

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 2020

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2020

Net Margin

78th percentile

19%

Higher net margin than 78% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Asset Growth

90th percentile

56%

Faster asset growth than 90% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

85th percentile

14%

Faster revenue growth than 85% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$78,977

Up $28,348 (+56%) from 2019

Net Assets

Up

$78,977

Up $28,348 (+56%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$146,933

Up $17,814 (+14%) from 2019

Expenses

Down

$118,585

Down $17,629 (-13%) from 2019

Net Income

Up

$28,348

Up $35,443 (+500%) from 2019

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

2020

Assets$78,977
Liabilities-
Net Assets$78,977

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

2020

Revenue$146,933
Expenses$118,585
Net Income$28,348
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Mar 9, 2021
Return Version
2019v5.0
Gross Receipts
$146,933
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 CAPETTAVP 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--
KAUSTUBH RAYPresident-$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
Kaustubh Ray
Title
President
Phone
7654942127
Signed
2021-03-09
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

Late or penalty fee 33,754 void check previous year 170 total 33,924

Form 990-ez, Part I, Line 16

Expenses advertising/publicity 5,315 telephone expense 120 computer services 543 audio-visual expense 350 computer software 603 trip/travel expense 13,445 lodging expense 2,110 conference/convention expense 9,402 meeting expense 16,158 registration expense 625 clothing expense 19,746 food and drink expense 1,827 physical plant services 505 service contract pymt 18,620 rental expense 3,023 service contract pymt 11,000 national dues expense 7,500 refunds 850 button expense 330 insurance expense 2,599 work project expense 65 non-investment depreciation 53 total 114,789

Form 990-ez, Part II, Line 24

606 606 less accumulated depreciation 506 559 total 100 47

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/ExplanationTxt0LATE OR PENALTY FEE 33,754 VOID CHECK PREVIOUS YEAR 170 TOTAL 33,924
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING/PUBLICITY 5,315 TELEPHONE EXPENSE 120 COMPUTER SERVICES 543 AUDIO-VISUAL EXPENSE 350 COMPUTER SOFTWARE 603 TRIP/TRAVEL EXPENSE 13,445 LODGING EXPENSE 2,110 CONFERENCE/CONVENTION EXPENSE 9,402 MEETING EXPENSE 16,158 REGISTRATION EXPENSE 625 CLOTHING EXPENSE 19,746 FOOD AND DRINK EXPENSE 1,827 PHYSICAL PLANT SERVICES 505 SERVICE CONTRACT PYMT 18,620 RENTAL EXPENSE 3,023 SERVICE CONTRACT PYMT 11,000 NATIONAL DUES EXPENSE 7,500 REFUNDS 850 BUTTON EXPENSE 330 INSURANCE EXPENSE 2,599 WORK PROJECT EXPENSE 65 NON-INVESTMENT DEPRECIATION 53 TOTAL 114,789
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2606 606 LESS ACCUMULATED DEPRECIATION 506 559 TOTAL 100 47
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
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