Civic Intelligence

Interfraternity Council

990EZ • Fiscal year 2023 • EIN 35-6043082

Jul 01, 2022 to Jun 30, 2023 • Filed on Apr 26, 2024

1198 Third St Krch Rm 365West Lafayette, 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 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

3rd percentile

-82%

Higher net margin than 3% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

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.

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

Asset Growth

4th percentile

-68%

Faster asset growth than 4% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

7th percentile

-35%

Faster revenue growth than 7% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$41,499

Down $87,980 (-68%) from 2022

Net Assets

Down

$41,499

Down $87,980 (-68%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$107,124

Down $57,523 (-35%) from 2022

Expenses

Up

$195,105

Up $55,168 (+39%) from 2022

Net Income

Down

-$87,981

Down $112,691 (-456%) from 2022

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

2023

Assets$41,499
Liabilities-
Net Assets$41,499

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

2023

Revenue$107,124
Expenses$195,105
Net Income-$87,981
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Apr 26, 2024
Return Version
2022v5.0
Gross Receipts
$107,124
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
DAVID KOLSSAKCurrent Pres-$0--
NOAH BERNINGPresidentPT$0--
ALEX HARDINVP Of AdminiPT$0--
NICK MEDELVP Of MemberPT$0--
TASH MEDDE-WITAGEVP Of PrograPT$0--
LEO DAGONVP Of Risk MPT$0--
ANDREW EICHMEIERChief JusticPT$0--
JACOB HILLDirector Of PhilaPT$0--
JETT STADDirector Of LeadePT$0--
LUKE FORDDirector Of AdminPT$0--
GRANT BELLDirector Of RecruPT$0--
OLIVER MILLERDirector Of FinanPT$0--
BEN RIGGINSDirector Of GreekPT$0--
MICHAEL GHATTASDirector Of DiverPT$0--
WARD MILLERDirector Of HealtPT$0--
Filing and Contact Details

Filer

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

Signing Officer

Name
David Kolssak
Title
Current President
Phone
7654942127
Signed
2024-04-26
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 24,035 total 24,035

Form 990-ez, Part I, Line 16

Expenses telephone expense 120 office supplies and expense 2,477 computer services 1,220 trip/travel expense 1,007 registration expense 10,179 clothing expense 16,984 food and drink expense 5,297 physical plant services 1,163 service contract pymt 9,450 rental expense 2,052 service contract pymt 32,537 insurance expense 4,755 annual dues 2,835 social and party expense 38,679 subscription expense 1,260 equipment 107 tangible awards/prizes 28 vendor contract pymt 15,337 vendor contract pymt 5,001 keynote speaker 4,200 unused sfab funds 15,468 total 170,156

Form 990-ez, Part II, Line 24

606 606 less accumulated depreciation 606 606 total 0 0

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 24,035 TOTAL 24,035
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES TELEPHONE EXPENSE 120 OFFICE SUPPLIES AND EXPENSE 2,477 COMPUTER SERVICES 1,220 TRIP/TRAVEL EXPENSE 1,007 REGISTRATION EXPENSE 10,179 CLOTHING EXPENSE 16,984 FOOD AND DRINK EXPENSE 5,297 PHYSICAL PLANT SERVICES 1,163 SERVICE CONTRACT PYMT 9,450 RENTAL EXPENSE 2,052 SERVICE CONTRACT PYMT 32,537 INSURANCE EXPENSE 4,755 ANNUAL DUES 2,835 SOCIAL AND PARTY EXPENSE 38,679 SUBSCRIPTION EXPENSE 1,260 EQUIPMENT 107 TANGIBLE AWARDS/PRIZES 28 VENDOR CONTRACT PYMT 15,337 VENDOR CONTRACT PYMT 5,001 KEYNOTE SPEAKER 4,200 UNUSED SFAB FUNDS 15,468 TOTAL 170,156
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2606 606 LESS ACCUMULATED DEPRECIATION 606 606 TOTAL 0 0
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
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
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