Civic Intelligence

Rho Chi Society

EIN 38-6069477 • 501(c)7 • Ann Arbor, MI

Profile

Encourage and recognize intellectual achievement, stimulate critical inquiry to advance pharmacy, contribute to the development of intellectual leaders, promote highest ethical standards, and foster collaboration.

428 Church StAnn Arbor, MI 48109-1065

www.rhochi.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.00x

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

501(c)7 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

34th percentile

0.00x

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

501(c)7 • $500k-$1M nonprofits • Source year 2020

Net Margin

68th percentile

13%

Higher net margin than 68% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)7 • $500k-$1M nonprofits • Source year 2020

Asset Growth

61st percentile

5.6%

Faster asset growth than 61% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

46th percentile

3.0%

Faster revenue growth than 46% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Up

$652,160

Up $34,420 (+5.6%) from 2019

Liabilities

Flat

$0

Flat from 2019

Net Assets

Up

$652,160

Up $34,420 (+5.6%) from 2019

Operations
Liabilities / Revenue34th percentileNet Margin68th percentile

Revenue

Up

$241,982

Up $7,079 (+3.0%) from 2019

Expenses

Down

$210,506

Down $121,248 (-37%) from 2019

Net Income

Up

$31,476

Up $128,327 (+132%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth61st percentile

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

$800K$600K$400K$200K$0Assets 2011: $462,822Liabilities 2011: $0Net Assets 2011: $462,8222011Assets 2012: $518,547Liabilities 2012: $0Net Assets 2012: $518,5472012Assets 2013: $573,394Liabilities 2013: $0Net Assets 2013: $573,3942013Assets 2014: $598,939Liabilities 2014: $0Net Assets 2014: $598,9392014Assets 2015: $671,805Liabilities 2015: $0Net Assets 2015: $671,8052015Assets 2016: $733,675Liabilities 2016: $0Net Assets 2016: $733,6752016Assets 2017: $762,353Liabilities 2017: $0Net Assets 2017: $762,3532017Assets 2018: $714,591Liabilities 2018: $0Net Assets 2018: $714,5912018Assets 2019: $617,740Liabilities 2019: $0Net Assets 2019: $617,7402019Assets 2020: $652,160Liabilities 2020: $0Net Assets 2020: $652,1602020

Highlighted filing

2020

Assets$652,160
Liabilities$0
Net Assets$652,160
Open 2020 Filing

Operations Trend

Revenue Growth46th percentile

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

$400K$200K$0-$200KRevenue 2011: $213,420Expenses 2011: $154,796Net Income 2011: $58,6242011Revenue 2012: $214,923Expenses 2012: $159,198Net Income 2012: $55,7252012Revenue 2013: $228,342Expenses 2013: $173,495Net Income 2013: $54,8472013Revenue 2014: $235,018Expenses 2014: $209,473Net Income 2014: $25,5452014Revenue 2015: $243,732Expenses 2015: $170,866Net Income 2015: $72,8662015Revenue 2016: $239,864Expenses 2016: $177,994Net Income 2016: $61,8702016Revenue 2017: $237,895Expenses 2017: $209,217Net Income 2017: $28,6782017Revenue 2018: $223,506Expenses 2018: $271,268Net Income 2018: -$47,7622018Revenue 2019: $234,903Expenses 2019: $331,754Net Income 2019: -$96,8512019Revenue 2020: $241,982Expenses 2020: $210,506Net Income 2020: $31,4762020

Highlighted filing

2020

Revenue$241,982
Expenses$210,506
Net Income$31,476
Open 2020 Filing

Filings

Most recent year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$652,160
Liabilities
$0
Net assets
$652,160
Revenue
$241,982
Expenses
$210,506
Net income
$31,476
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$6.52$0.00$6.52$2.42$2.11$0.31
2019Detailed filing. Detailed filing data is available for this year.$6.18$0.00$6.18$2.35$3.32$0.97
2018Summary only. Only limited summary data is available for this year.$7.15$0.00$7.15$2.24$2.71$0.48
2017Summary only. Only limited summary data is available for this year.$7.62$0.00$7.62$2.38$2.09$0.29
2016Summary only. Only limited summary data is available for this year.$7.34$0.00$7.34$2.40$1.78$0.62
2015Summary only. Only limited summary data is available for this year.$6.72$0.00$6.72$2.44$1.71$0.73
2014Summary only. Only limited summary data is available for this year.$5.99$0.00$5.99$2.35$2.09$0.26
2013Summary only. Only limited summary data is available for this year.$5.73$0.00$5.73$2.28$1.73$0.55
2012Summary only. Only limited summary data is available for this year.$5.19$0.00$5.19$2.15$1.59$0.56
2011Summary only. Only limited summary data is available for this year.$4.63$0.00$4.63$2.13$1.55$0.59
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 5, 2021
Return Version
2020v4.0
Gross Receipts
$241,982
Mission and Program Overview

Mission

Encourage and recognize intellectual achievement, stimulate critical inquiry to advance pharmacy, contribute to the development of intellectual leaders, promote highest ethical standards, and foster collaboration.

As the academic honor society in pharmacy, the rho chi society: encourages and recognizes intellectual achievement stimulates critical inquiry to advance pharmacy contributes to the development of intellectual leaders promotes highest ethical standards fosters collaboration

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$620,684$652,160▲ $31,476
Rtn Earn Endowment Incm Other Fnds$620,684$652,160▲ $31,476
Total Assets$620,684$652,160▲ $31,476
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$620,684$652,160▲ $31,476
Total Liabilities and Net Assets / Fund Balance$620,684$652,160▲ $31,476
Compensation and Service Providers
Top Officer Pay89th percentile

Board Members and Trustees

NameTitle
Emmanuelle SchwartzmanPresident
Lucio VolinoPresident-el
Karen B FarrisExec Vice Pr
Cynthia M PhillipsHistorian
Susan M MeyerPast Preside
Andrew J SmithSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$111,203
Program Service Revenue
$128,803
Investment Income
$516
Other Revenue
$1,460
Change in Net Assets
$31,476
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$107,073
Salaries, Compensation, and Employee Benefits$103,433
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$103,433-$103,433
Office Expenses$10,368$1,936-$12,304
Information Technology-$11,692-$11,692
Fees for Services Legal-$8,355-$8,355
Conferences and Meetings$1,154--$1,154
Other Expenses$794--$794
Fees for Services Accounting-$600-$600
All Other Expenses$306--$306
Occupancy$87--$87
Total Functional Expenses$84,490$126,016$0$210,506
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 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

Governance Explanations

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

“A copy of the return is sent to the governing body for review prior to filing.”

Form 990, Page 6, Part VI, Line 19

“The bylaws and forms 990 are available upon request.”

Filing and Contact Details

Filer

Filer Name
Rho Chi Society
EIN
38-6069477
Phone
7346154898
Address
428 CHURCH ST, ANN ARBOR, MI 48109-1065

Signing Officer

Name
Karen B Farris
Title
Exec Vice Pres
Phone
7346154898
Signed
2021-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen B Farris
Formed
1922
Legal Domicile
Mi
Voting Board Members
6
Independent Board Members
0
Employees
0

Preparer

Firm
Bontrager Tax Acct & Consult LLC
Address
PO BOX 448, KALONA, IA 52247-0448
Preparer
Daniel P Bontrager CPA
Phone
3196562614
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“As the academic honor society in pharmacy, the rho chi society: encourages and recognizes intellectual achievement stimulates critical inquiry to advance pharmacy contributes to the development of intellectual leaders promotes highest ethical standards fosters collaboration”

Raw XML Appendix286 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.

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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204135047
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BONTRAGER TAX ACCT & CONSULT LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 448
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KALONA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0522470448
ReturnHeader/PreparerPersonGrp/PhoneNum03196562614
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANIEL P BONTRAGER CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-11-08T16:49:45-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KAREN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FARRIS
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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