Civic Intelligence

Phi Delta Theta Alumni Association

990 • Fiscal year 2019 • EIN 38-3129846

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 11, 2020

37840 N Laurel Park DrLivonia, MI 48152

(313) 610-3357

Siviq Scores

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

Liabilities / Assets

87th percentile

0.76x

Higher debt load relative to assets than 87% of similar nonprofits.

2019 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

100th percentile

866.84x

Higher debt load relative to revenue than 100% of similar nonprofits.

2019 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2019

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

2019 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2019 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2019

Asset Growth

93rd percentile

27%

Faster asset growth than 93% of similar nonprofits.

2019 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2018 to 2019

Assets

Up

$1,259,746

Up $269,363 (+27%) from 2018

Net Assets

Up

$296,685

Up $213,234 (+256%) from 2018

Liabilities

Up

$963,061

Up $56,129 (+6.2%) from 2018

Revenue

Up

$1,111

Up $18,056 (+107%) from 2018

Expenses

Flat

$0

Flat from 2018

Net Income

Up

$1,111

Up $18,056 (+107%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2017: $48,887Liabilities 2017: $02017Assets 2018: $990,383Liabilities 2018: $906,932Net Assets 2018: $83,4512018Assets 2019: $1,259,746Liabilities 2019: $963,061Net Assets 2019: $296,6852019Assets 2020: $1,284,784Liabilities 2020: $977,743Net Assets 2020: $307,0412020Assets 2021: $957,889Liabilities 2021: $700,000Net Assets 2021: $257,8892021Assets 2022: $902,438Liabilities 2022: $680,294Net Assets 2022: $222,1442022Assets 2023: $154,823Liabilities 2023: $0Net Assets 2023: $154,8232023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2019

Assets$1,259,746
Liabilities$963,061
Net Assets$296,685

Operations Trend

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

$150K$100K$50K$0-$50K-$100KRevenue 2017: $66,640Expenses 2017: $125,295Net Income 2017: -$58,6552017Revenue 2018: -$16,945Expenses 2018: $0Net Income 2018: -$16,9452018Revenue 2019: $1,111Expenses 2019: $0Net Income 2019: $1,1112019Revenue 2020: $10,416Expenses 2020: $0Net Income 2020: $10,4162020Revenue 2021: -$4,900Expenses 2021: $0Net Income 2021: -$4,9002021Revenue 2022: -$21,620Expenses 2022: $0Net Income 2022: -$21,6202022Revenue 2023: -$5,004Expenses 2023: $2,500Net Income 2023: -$7,5042023Revenue 2024: -$4,501Expenses 2024: $0Net Income 2024: -$4,5012024

Highlighted filing

2019

Revenue$1,111
Expenses$0
Net Income$1,111
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 11, 2020
Return Version
2019v5.0
Gross Receipts
$144,047
Mission and Program Overview

Mission

Fraternity association that provides housing for college students

Fraternity - housing for college students

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$938,182$916,364▼ $21,818
Savings and Temporary Cash Investments-$264,738-
Cash and Non-Interest-Bearing Accounts$52,201$78,644▲ $26,443
Rtn Earn Endowment Incm Other Fnds$-16,945$-16,945→ $0
Total Assets$990,383$1,259,746▲ $269,363
Liabilities
Mortgage Notes Payable Secured by Investment Property$906,932$963,061▲ $56,129
Total Liabilities$906,932$963,061▲ $56,129
Net Assets / Fund Balance
Total Net Assets Fund Balance$83,451$296,685▲ $213,234
Total Liabilities and Net Assets / Fund Balance$906,932$963,061▲ $56,129

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$556,364$43,636-
Land$360,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jere LheureuxPresident
Robert EvanskiSecretary
Chris ContiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$1,111
Change in Net Assets
$1,111
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
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
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Phi Delta Theta Alumni Associa
EIN
38-3129846
Phone
3136103357
Address
37840 N LAUREL PARK DR, LIVONIA, MI 48152

Signing Officer

Name
Robert Evanski
Title
Trustee
Signed
2020-04-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Evanski
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
John D Mcgowan Pc
Address
1615 W BIG BEAVER RD SUITE A2, TROY, MI 48084
Preparer
John D Mcgowan
Phone
2484586245
Supplemental Narrative

Additional Explanations

Section B Policies

Members review form 990 with lawyer and cpa before filing

Section B Policies

Governing documents were made available to the collece

Raw XML Appendix244 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0ROBERT EVANSKI
IRS990/BooksInCareOfDetail/PhoneNum02484586245
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt037840 N LAUREL
IRS990/BooksInCareOfDetail/USAddress/CityNm0LIVONIA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd048152
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IRS990/DecisionsSubjectToApprovaInd0false
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IRS990/DescribedInSection501c3Ind0false
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
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IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0144047
IRS990/GrossReceiptsForPublicUseAmt00
IRS990/GrossRentsGrp/RealAmt0144047
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InitiationFeesAndCapContriAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt043636
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0938182
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0916364
IRS990/LandBldgEquipCostOrOtherBssAmt0960000
IRS990/LessRentalExpensesGrp/RealAmt0142936
IRS990/LoanOutstandingInd0false
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IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
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IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
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IRS990/PoliticalCampaignActyInd0false
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IRS990/ProfessionalFundraisingInd0false
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IRS990/PYOtherRevenueAmt0-16945
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IRS990/PYTotalRevenueAmt0-16945
IRS990/ReconcilationRevenueExpnssAmt01111
IRS990/RegularMonitoringEnfrcInd0false
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IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt01111
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0144047
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-16945
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-16945
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0264738
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0556364
IRS990ScheduleD/BuildingsGrp/DepreciationAmt043636
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0600000
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0360000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0360000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0916364
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS WERE MADE AVAILABLE TO THE COLLECE
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ReturnHeader/BuildTS02021-04-22 16:20:28Z
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ReturnHeader/ReturnTs02020-06-12T12:31:10-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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