Civic Intelligence

Chi Omega Fraternity Eta Chapter

EIN 38-0417290 • 501(c)7 • Ann Arbor, MI

NTEE B83

Profile

Provide social activities for sorority.

1525 Washtenaw AveAnn Arbor, MI 48104

n/A

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$433,020

Up $41,589 (+11%) from 2023

Liabilities

Up

$75,976

Up $9,617 (+14%) from 2023

Net Assets

Up

$357,044

Up $31,972 (+9.8%) from 2023

Operations

Revenue

Up

$224,055

Up $19,110 (+9.3%) from 2023

Expenses

Up

$192,083

Up $19,807 (+11%) from 2023

Net Income

Down

$31,972

Down $697 (-2.1%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2021: $308,678Liabilities 2021: $40,317Net Assets 2021: $268,3612021Assets 2022: $336,785Liabilities 2022: $44,382Net Assets 2022: $292,4032022Assets 2023: $391,431Liabilities 2023: $66,359Net Assets 2023: $325,0722023Assets 2024: $433,020Liabilities 2024: $75,976Net Assets 2024: $357,0442024

Highlighted filing

2024

Assets$433,020
Liabilities$75,976
Net Assets$357,044

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2021: $140,420Expenses 2021: $141,576Net Income 2021: -$1,1562021Revenue 2022: $200,367Expenses 2022: $176,325Net Income 2022: $24,0422022Revenue 2023: $204,945Expenses 2023: $172,276Net Income 2023: $32,6692023Revenue 2024: $224,055Expenses 2024: $192,083Net Income 2024: $31,9722024

Highlighted filing

2024

Revenue$224,055
Expenses$192,083
Net Income$31,972

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 19, 2024
Return Version
2023v5.1
Gross Receipts
$224,055
Mission and Program Overview

Mission

Provide social activities for sorority.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$325,072$357,044▲ $31,972
Cash and Non-Interest-Bearing Accounts$324,648$356,646▲ $31,998
Accounts Receivable$66,359$75,976▲ $9,617
Prepaid Expenses and Deferred Charges$424$398▼ $26
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$391,431$433,020▲ $41,589
Liabilities
Deferred Revenue$66,359$75,976▲ $9,617
Total Liabilities$66,359$75,976▲ $9,617
Net Assets / Fund Balance
Total Net Assets Fund Balance$325,072$357,044▲ $31,972
Total Liabilities and Net Assets / Fund Balance$391,431$433,020▲ $41,589
Compensation and Service Providers

Board Members and Trustees

NameTitle
Katie HodgePresident
Molly FisherVice President
Meghan HosteFinancial Advisor
Dani PortnoyMember Educator
Sophie GrossmanSecretary
Harini ShankarTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$223,803
Investment Income
$252
Other Revenue
$0
Change in Net Assets
$31,972
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$192,083
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
Conferences and Meetings---$59,600
Office Expenses---$29,760
Payments to Affiliates---$13,500
Other Expenses---$9,000
All Other Expenses---$8,347
Travel---$1,662
Fees for Services Accounting---$264
Advertising---$120
Total Functional Expenses$0$0$0$192,083
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
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
No
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Chapter members consist of undergraduate students.

Form 990, Part VI, Section A, Line 7A

The chapter membership elects the officers on an annual basis.

Form 990, Part VI, Section A, Line 7B

The chapter members approve the annual budget and have the authority to revise the bylaws.

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

An officer reviews the form 990. After any questions or concerns are addressed with the cpa firm preparing the form 990, an officer approves the return for filing.

Form 990, Part VI, Section C, Line 19

All documents open for public inspection are available upon request.

Filing and Contact Details

Filer

Filer Name
Chi Omega Fraternity Eta Chapter
EIN
38-0417290
Phone
2487210653
Address
1525 WASHTENAW AVE, ANN ARBOR, MI 48104

Signing Officer

Name
Meghan Hoste
Title
Financial Advisor
Phone
2487210653
Signed
2024-11-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Meghan Hoste
Formed
2016
Legal Domicile
Mi
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
10

Preparer

Firm
Maner Costerisan Pc
Address
2425 E GRAND RIVER SUITE 1, LANSING, MI 48912-3291
Preparer
Amber Rathbun CPA
Phone
5173237500
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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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