Civic Intelligence

Mortar Board - Barbara Cook Chapter

990 • Fiscal year 2022 • EIN 35-6065062

Jul 01, 2021 to Jun 30, 2022 • Filed on Apr 26, 2023

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

(765) 496-3496

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

31st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

17th percentile

-17%

Higher net margin than 17% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

33rd percentile

-4.1%

Faster asset growth than 33% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

67th percentile

26%

Faster revenue growth than 67% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Down

$668,164

Down $28,646 (-4.1%) from 2021

Net Assets

Down

$668,164

Down $28,646 (-4.1%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$56,007

Up $11,546 (+26%) from 2021

Expenses

Up

$65,758

Up $104 (+0.2%) from 2021

Net Income

Up

-$9,751

Up $11,442 (+54%) from 2021

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2014: $501,817Liabilities 2014: $0Net Assets 2014: $501,8172014Assets 2015: $519,323Liabilities 2015: $0Net Assets 2015: $519,3232015Assets 2016: $475,713Net Assets 2016: $475,7132016Assets 2017: $490,459Net Assets 2017: $490,4592017Assets 2018: $503,861Liabilities 2018: $0Net Assets 2018: $503,8612018Assets 2019: $598,598Liabilities 2019: $0Net Assets 2019: $598,5982019Assets 2020: $578,956Liabilities 2020: $0Net Assets 2020: $578,9562020Assets 2021: $696,810Liabilities 2021: $0Net Assets 2021: $696,8102021Assets 2022: $668,164Liabilities 2022: $0Net Assets 2022: $668,1642022Assets 2023: $646,180Liabilities 2023: $0Net Assets 2023: $646,1802023Assets 2024: $691,275Liabilities 2024: $0Net Assets 2024: $691,2752024

Highlighted filing

2022

Assets$668,164
Liabilities$0
Net Assets$668,164

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2014: $150,950Expenses 2014: $96,590Net Income 2014: $54,3602014Revenue 2015: $108,947Expenses 2015: $77,586Net Income 2015: $31,3612015Revenue 2016: $95,621Expenses 2016: $122,791Net Income 2016: -$27,1702016Revenue 2017: $100,412Expenses 2017: $66,137Net Income 2017: $34,2752017Revenue 2018: $34,275Expenses 2018: $78,402Net Income 2018: -$44,1272018Revenue 2019: $147,044Expenses 2019: $57,876Net Income 2019: $89,1682019Revenue 2020: $78,534Expenses 2020: $79,273Net Income 2020: -$7392020Revenue 2021: $44,461Expenses 2021: $65,654Net Income 2021: -$21,1932021Revenue 2022: $56,007Expenses 2022: $65,758Net Income 2022: -$9,7512022Revenue 2023: $51,742Expenses 2023: $65,918Net Income 2023: -$14,1762023Revenue 2024: $54,673Expenses 2024: $43,195Net Income 2024: $11,4782024

Highlighted filing

2022

Revenue$56,007
Expenses$65,758
Net Income-$9,751
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Apr 26, 2023
Return Version
2021v4.0
Gross Receipts
$75,597
Mission and Program Overview

Mission

The mortar board's purpose is to contribute to the self-awareness of its members, to promote equal opportunities among all peoples, to emphasize the advancement of women, to support the ideals of the university, to advance the spirit of scholarship, to recognize and encourage leadership, to provide service, and to establish the opportunity for a meaningful exchange of ideas as individuals and as a group.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$581,936$563,041▼ $18,895
Savings and Temporary Cash Investments$114,875$105,123▼ $9,752
Cash and Non-Interest-Bearing Accounts$-1--
Total Assets$696,810$668,164▼ $28,646
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$696,810$668,164▼ $28,646
Total Net Assets Fund Balance$696,810$668,164▼ $28,646
Total Liabilities and Net Assets / Fund Balance$696,810$668,164▼ $28,646

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$581,936-▲ $3,037-$563,041
2020$442,889-▲ $160,529-$581,936
2019$461,793-▲ $3,552-$442,889
2018$465,734-▲ $18,243-$461,793
2017$469,794-▲ $40,408-$465,734
Compensation and Service Providers

Board Members and Trustees

NameTitle
Abidemi AregbePresident
Russell KleinerVP of Admini
Sean WisemanVP of Financ
Sirou WangVP of Leader
Angela StevensVP of Member
Madhuri VempatiVP of Schola
Cortney MartinVP of Servic
Revenue and Support

Revenue Composition

Contributions and Grants
$11,647
Program Service Revenue
$0
Investment Income
$23,299
Other Revenue
$21,061
All Other Contributions
$11,647
Change in Net Assets
$-9,751
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$38,408
Grants and Similar Amounts Paid$27,350
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$20,000--$20,000
Fees for Services Other-$10,702-$10,702
Grants to Domestic Orgs$7,350--$7,350
All Other Expenses$1,567$2,703-$4,270
Other Expenses$2,439$2,830-$2,439
Office Expenses$1,407$846-$2,253
Travel$934--$934
Information Technology-$258-$258
Advertising$101--$101
Conferences and Meetings$80--$80
Total Functional Expenses$48,419$17,339$0$65,758
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 4

The following changes were made to the constitution of the barbara cook chapter of mortar board at purdue university: 1.executive committee members were updated to include the president, vice president for administration, vice president of scholarship, vice president of leadership, vice president of service, and secretary, all of whom have speaking and voting privileges. 2.speaking and voting privileges were updated to include other members in the chapter at the discretion of the executive committee. 3.officer's duties were updated to reflect the new executive committee positions. 4.the number of advisors to the organization was updated to no fewer than three advisors and their term-lengths were increased to three years. 5.membership eligibility requirements were updated to include a minimum gpa requirement of at least 3.2 cumulative gpa. 6.the membership selection process was updated to include a mandatory diversity and inclusion and selection bias awareness training session prior to selection day, with voting rights being subject to completion of the training.

Form 990, Page 6, Part VI, Line 6

Membership selection shall be conducted according to national guidelines with the approval of the section coordinator.

Form 990, Page 6, Part VI, Line 11B

The form is reviewed by officers and forwarded to the national office.

Form 990, Page 6, Part VI, Line 19

Documents available upon request.

Filing and Contact Details

Filer

Filer Name
Mortar Board - Barbara Cook Chapter
EIN
35-6065062
Phone
7654963496
Address
1198 THIRD ST KRCH RM 365, WEST LAFAYETTE, IN 47907-2109
Doing Business As
Co Purdue University

Signing Officer

Name
Abidemi Aregbe
Title
President
Phone
7654963496
Signed
2023-04-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Abidemi Aregbe
Formed
1926
Legal Domicile
In
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
29

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 - ORGANIZATION'S MISSION

The mortar board's purpose is to contribute to the self-awareness of its members, to promote equal opportunities among all peoples, to emphasize the advancement of women, to support the ideals of the university, to advance the spirit of scholarship, to recognize and encourage leadership, to provide service, and to establish the opportunity for a meaningful exchange of ideas as individuals and as a group.

Form 990, Part IX, Line 11G

Service contract pymt 0 10,702 0

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Income from the endowment fund will be used to support chapter activity, with emphasis on scholarships and awards to graduating students.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INCOME FROM THE ENDOWMENT FUND WILL BE USED TO SUPPORT CHAPTER ACTIVITY, WITH EMPHASIS ON SCHOLARSHIPS AND AWARDS TO GRADUATING STUDENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt05
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0FELLOWSHIPS ARE AWARDED TO COLLEGE SENIORS TO FURTHER THEIR EDUCATION AT GRADUATE SCHOOL. SCHOLARSHIPS ARE AWARDED TO STUDENTS FOR EDUCATIONAL PURPOSES. AWARDS GIVEN TO STUDENTS ATTENDING PURDUE UNIVERSITY ARE PROCESSED THROUGH THE UNIVERSITY SCHOLARSHIP AND FINANCIAL AID OFFICE. AWARDS GIVEN TO STUDENTS ATTENDING OTHER UNIVERSITIES ARE PROVIDED TO THE STUDENT DIRECTLY UPON PROVIDING A COPY OF THEIR LETTER OF ADMITTANCE TO THEIR SELECTED UNIVERSITY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MORTAR BOARD'S PURPOSE IS TO CONTRIBUTE TO THE SELF-AWARENESS OF ITS MEMBERS, TO PROMOTE EQUAL OPPORTUNITIES AMONG ALL PEOPLES, TO EMPHASIZE THE ADVANCEMENT OF WOMEN, TO SUPPORT THE IDEALS OF THE UNIVERSITY, TO ADVANCE THE SPIRIT OF SCHOLARSHIP, TO RECOGNIZE AND ENCOURAGE LEADERSHIP, TO PROVIDE SERVICE, AND TO ESTABLISH THE OPPORTUNITY FOR A MEANINGFUL EXCHANGE OF IDEAS AS INDIVIDUALS AND AS A GROUP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOLLOWING CHANGES WERE MADE TO THE CONSTITUTION OF THE BARBARA COOK CHAPTER OF MORTAR BOARD AT PURDUE UNIVERSITY: 1.EXECUTIVE COMMITTEE MEMBERS WERE UPDATED TO INCLUDE THE PRESIDENT, VICE PRESIDENT FOR ADMINISTRATION, VICE PRESIDENT OF SCHOLARSHIP, VICE PRESIDENT OF LEADERSHIP, VICE PRESIDENT OF SERVICE, AND SECRETARY, ALL OF WHOM HAVE SPEAKING AND VOTING PRIVILEGES. 2.SPEAKING AND VOTING PRIVILEGES WERE UPDATED TO INCLUDE OTHER MEMBERS IN THE CHAPTER AT THE DISCRETION OF THE EXECUTIVE COMMITTEE. 3.OFFICER'S DUTIES WERE UPDATED TO REFLECT THE NEW EXECUTIVE COMMITTEE POSITIONS. 4.THE NUMBER OF ADVISORS TO THE ORGANIZATION WAS UPDATED TO NO FEWER THAN THREE ADVISORS AND THEIR TERM-LENGTHS WERE INCREASED TO THREE YEARS. 5.MEMBERSHIP ELIGIBILITY REQUIREMENTS WERE UPDATED TO INCLUDE A MINIMUM GPA REQUIREMENT OF AT LEAST 3.2 CUMULATIVE GPA. 6.THE MEMBERSHIP SELECTION PROCESS WAS UPDATED TO INCLUDE A MANDATORY DIVERSITY AND INCLUSION AND SELECTION BIAS AWARENESS TRAINING SESSION PRIOR TO SELECTION DAY, WITH VOTING RIGHTS BEING SUBJECT TO COMPLETION OF THE TRAINING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERSHIP SELECTION SHALL BE CONDUCTED ACCORDING TO NATIONAL GUIDELINES WITH THE APPROVAL OF THE SECTION COORDINATOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM IS REVIEWED BY OFFICERS AND FORWARDED TO THE NATIONAL OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SERVICE CONTRACT PYMT 0 10,702 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/USAddress/AddressLine1Txt01198 THIRD STREET
IRS990/USAddress/AddressLine2Txt0KRACH LEADERSHIP CENTER ROOM 365
IRS990/USAddress/CityNm0WEST LAFAYETTE
IRS990/USAddress/StateAbbreviationCd0IN
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IRS990/WebsiteAddressTxt0WWW.WEB.ICS.PURDUE.EDU/~MORTARBD/
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ABIDEMI AREGBE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07654963496
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MORTAR BOARD - BARBARA COOK CHAPTER
ReturnHeader/Filer/BusinessNameControlTxt0MORT
ReturnHeader/Filer/EIN0356065062
ReturnHeader/Filer/PhoneNum07654963496
ReturnHeader/Filer/USAddress/AddressLine1Txt01198 THIRD ST KRCH RM 365
ReturnHeader/Filer/USAddress/CityNm0WEST LAFAYETTE
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ReturnHeader/Filer/USAddress/ZIPCd0479072109
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0352055043
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HUTH THOMPSON LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 970
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAFAYETTE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0479020970
ReturnHeader/PreparerPersonGrp/PhoneNum07654285000
ReturnHeader/PreparerPersonGrp/PreparationDt02023-04-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KIMBERLEY R MORISETTE
ReturnHeader/ReturnTs02023-05-02T12:12:30-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ANNA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SZOLWINSKI
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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