Civic Intelligence

Phi Delta Epsilon Medical Fraternity Inc

990 • Fiscal year 2017 • EIN 38-3155760

Jan 01, 2017 to Dec 31, 2017 • Filed on Jul 27, 2018

714 Lyndon Lane Suite 1Louisville, KY 40222

(786) 302-1120

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.00x

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

2017 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

23rd percentile

0.00x

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

2017 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2017

Net Margin

33rd percentile

-0.4%

Higher net margin than 33% of similar nonprofits.

2017 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2017 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2017

Asset Growth

37th percentile

-0.3%

Faster asset growth than 37% of similar nonprofits.

2017 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

17th percentile

-8.7%

Faster revenue growth than 17% of similar nonprofits.

2017 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$723,315

Down $2,011 (-0.3%) from 2016

Net Assets

Down

$723,315

Down $2,011 (-0.3%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$517,941

Down $49,097 (-8.7%) from 2016

Expenses

Up

$519,952

Up $130,344 (+33%) from 2016

Net Income

Down

-$2,011

Down $179,441 (-101%) from 2016

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 2010: $139,649Liabilities 2010: $0Net Assets 2010: $139,6492010Assets 2011: $289,955Liabilities 2011: $0Net Assets 2011: $289,9552011Assets 2013: $396,464Liabilities 2013: $0Net Assets 2013: $396,4642013Assets 2014: $443,364Liabilities 2014: $0Net Assets 2014: $443,3642014Assets 2015: $547,896Liabilities 2015: $0Net Assets 2015: $547,8962015Assets 2016: $725,326Liabilities 2016: $0Net Assets 2016: $725,3262016Assets 2017: $723,315Liabilities 2017: $0Net Assets 2017: $723,3152017Assets 2018: $804,086Liabilities 2018: $0Net Assets 2018: $804,0862018Assets 2019: $680,040Liabilities 2019: $0Net Assets 2019: $680,0402019Assets 2020: $735,457Liabilities 2020: $0Net Assets 2020: $735,4572020Assets 2021: $1,034,362Liabilities 2021: $0Net Assets 2021: $1,034,3622021Assets 2022: $1,011,811Liabilities 2022: $0Net Assets 2022: $1,011,8112022Assets 2023: $1,049,166Liabilities 2023: $0Net Assets 2023: $1,049,1662023Assets 2024: $1,133,135Liabilities 2024: $0Net Assets 2024: $1,133,1352024

Highlighted filing

2017

Assets$723,315
Liabilities$0
Net Assets$723,315

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $268,5842010Expenses 2011: $333,7082011Revenue 2013: $392,154Expenses 2013: $324,743Net Income 2013: $67,4112013Revenue 2014: $374,140Expenses 2014: $327,240Net Income 2014: $46,9002014Revenue 2015: $466,905Expenses 2015: $362,373Net Income 2015: $104,5322015Revenue 2016: $567,038Expenses 2016: $389,608Net Income 2016: $177,4302016Revenue 2017: $517,941Expenses 2017: $519,952Net Income 2017: -$2,0112017Revenue 2018: $546,207Expenses 2018: $465,436Net Income 2018: $80,7712018Revenue 2019: $612,504Expenses 2019: $736,550Net Income 2019: -$124,0462019Revenue 2020: $654,465Expenses 2020: $599,048Net Income 2020: $55,4172020Revenue 2021: $760,263Expenses 2021: $461,358Net Income 2021: $298,9052021Revenue 2022: $803,449Expenses 2022: $826,000Net Income 2022: -$22,5512022Revenue 2023: $983,724Expenses 2023: $946,369Net Income 2023: $37,3552023Revenue 2024: $969,840Expenses 2024: $885,871Net Income 2024: $83,9692024

Highlighted filing

2017

Revenue$517,941
Expenses$519,952
Net Income-$2,011
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 27, 2018
Return Version
2017v2.3
Gross Receipts
$537,677
Mission and Program Overview

Mission

Phi delta epsilon international medical fraternity creates physicians of integrity with a lifelong commitment to our guiding principles of philanthropy, deity, and education through fellowship, service, mentoring, and formal training in leadership, science, and ethics.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$508,613$417,053▼ $91,560
Cash and Non-Interest-Bearing Accounts$215,963$248,715▲ $32,752
Pledges and Grants Receivable-$57,047-
Inventories for Sale or Use$750$500▼ $250
Total Assets$725,326$723,315▼ $2,011
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$709,971$707,960▼ $2,011
Permanently Rstr Net Assets$15,355$15,355→ $0
Total Net Assets Fund Balance$725,326$723,315▼ $2,011
Total Liabilities and Net Assets / Fund Balance$725,326$723,315▼ $2,011
Compensation and Service Providers

Board Members and Trustees

NameTitle
Karen Barnes MdPresident
Anish Ghodadra MdBoard Member
Evan Goldfischer MdBoard Member
Russ Stitzlein MdBoard Member
Tony Chen MdBoard Member
Sarafina Kankam MdTrustee/dire
Brittany Badal MdMed Student
Martin WrobelMedical Stud
Brian Zachariah MdPast - Presi
Alli JussilaPremed Stude
Riley Cooper Mccann MdPremed Stude
Revenue and Support

Revenue Composition

Contributions and Grants
$1,104
Program Service Revenue
$521,344
Investment Income
$166
Other Revenue
$-4,673
All Other Contributions
$1,104
Change in Net Assets
$-2,011
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$351,228
Salaries, Compensation, and Employee Benefits$168,724
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$92,636$55,500-$148,136
Conferences and Meetings$92,923--$92,923
Travel$39,847$39,847-$79,694
Insurance$37,283$4,143-$41,426
Office Expenses$11,725$4,697-$16,422
Payroll Taxes$5,668$5,669-$11,337
Other Employee Benefits$4,625$4,626-$9,251
Information Technology$4,482$3,174-$7,656
All Other Expenses$837$1,974-$2,811
Other Expenses$1,206$1,207-$2,413
Fees for Services Accounting-$2,050-$2,050
Fees for Services Legal-$835-$835
Total Functional Expenses$392,049$127,903$0$519,952
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
Annual disclosure for covered persons
Yes
Backup withholding compliance
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

Governance Explanations

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

Prepared 990 is given to the executive director for review. Upon approval the form 8879-eo is returned to the preparer for submittal.

Form 990, Page 6, Part VI, Line 19

Requests are preferred in writing. A copy of the return is made available for pick up or mailed to the requestee.

Filing and Contact Details

Filer

Filer Name
Phi Delta Epsilon Medical
EIN
38-3155760
Phone
7863021120
Address
714 LYNDON LANE SUITE 1, LOUISVILLE, KY 40222

Signing Officer

Name
Karen Katz
Title
CEO
Phone
7863021120
Signed
2018-07-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Katz
Formed
1904
Legal Domicile
Fl
Voting Board Members
9
Independent Board Members
9
Employees
2
Volunteers
9

Preparer

Firm
Johnson CPA and Company Pc
Address
PO BOX 308, MIO, MI 48647-0308
Preparer
Shanna M Johnson
Phone
9898265442
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Phi delta epsilon international medical fraternity creates physicians of integrity with a lifelong commitment to our guiding principles of philanthropy, deity, and education through fellowship, service, mentoring, and formal training in leadership, science, and ethics.

Form 990, Page 1, Part I, Line 6

Volunteers provide assistance for fundraising, performance of governance of the organization, preparation of educational programs and a variety of other services.

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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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IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PHI DELTA EPSILON INTERNATIONAL MEDICAL FRATERNITY CREATES PHYSICIANS OF INTEGRITY WITH A LIFELONG COMMITMENT TO OUR GUIDING PRINCIPLES OF PHILANTHROPY, DEITY, AND EDUCATION THROUGH FELLOWSHIP, SERVICE, MENTORING, AND FORMAL TRAINING IN LEADERSHIP, SCIENCE, AND ETHICS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VOLUNTEERS PROVIDE ASSISTANCE FOR FUNDRAISING, PERFORMANCE OF GOVERNANCE OF THE ORGANIZATION, PREPARATION OF EDUCATIONAL PROGRAMS AND A VARIETY OF OTHER SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PREPARED 990 IS GIVEN TO THE EXECUTIVE DIRECTOR FOR REVIEW. UPON APPROVAL THE FORM 8879-EO IS RETURNED TO THE PREPARER FOR SUBMITTAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REQUESTS ARE PREFERRED IN WRITING. A COPY OF THE RETURN IS MADE AVAILABLE FOR PICK UP OR MAILED TO THE REQUESTEE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TravelGrp/ProgramServicesAmt039847
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IRS990/UnrestrictedNetAssetsGrp/BOYAmt0709971
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IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
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ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN KATZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum07863021120
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-07-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PHI DELTA EPSILON MEDICAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FRATERNITY INC
ReturnHeader/Filer/BusinessNameControlTxt0PHID
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId02CED919AEFB7571450D94B9F064BAFC5EF952557
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId07C716FF83B658909B48705652A1E97B474FE3B90
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt034.222.109.61
ReturnHeader/FilingSecurityInformation/IPDt02018-09-11
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm009:03:43
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0822979962
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHNSON CPA AND COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 308
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MIO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0486470308
ReturnHeader/PreparerPersonGrp/PhoneNum09898265442
ReturnHeader/PreparerPersonGrp/PreparationDt02018-07-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHANNA M JOHNSON
ReturnHeader/ReturnTs02018-09-11T10:03:43-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.13$0.97$0.89$0.08
2023Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.98$0.95$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$0.80$0.83$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$0.76$0.46$0.30
2020Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.65$0.60$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.61$0.74$0.12
2018Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.55$0.47$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$0.52$0.52$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$0.57$0.39$0.18
2015Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$0.47$0.36$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$0.37$0.33$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.39$0.32$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.00$0.29$0.33
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.00$0.14$0.27