Civic Intelligence

Chi Omega Fraternity

990 • Fiscal year 2015 • EIN 38-6143448

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 15, 2016

PO Box 665Schoolcraft, MI 49087

(269) 353-1005

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.00x

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

2015 filings • 501(c)7 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

53rd percentile

0.00x

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

2015 filings • 501(c)7 • <$500k nonprofits • Source year 2015

Net Margin

10th percentile

-21%

Higher net margin than 10% of similar nonprofits.

2015 filings • 501(c)7 • <$500k nonprofits • Source year 2015

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

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

2015 filings • 501(c)7 • <$500k nonprofits • Source year 2015

Asset Growth

5th percentile

-49%

Faster asset growth than 5% of similar nonprofits.

2015 filings • 501(c)7 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

19th percentile

-14%

Faster revenue growth than 19% of similar nonprofits.

2015 filings • 501(c)7 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$23,304

Down $22,476 (-49%) from 2014

Net Assets

Down

$23,304

Down $22,476 (-49%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Down

$109,206

Down $17,863 (-14%) from 2014

Expenses

Up

$131,682

Up $39,505 (+43%) from 2014

Net Income

Down

-$22,476

Down $57,368 (-164%) from 2014

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2011: $10,520Liabilities 2011: $0Net Assets 2011: $10,5202011Assets 2012: $12,705Liabilities 2012: $0Net Assets 2012: $12,7052012Assets 2013: $10,888Liabilities 2013: $0Net Assets 2013: $10,8882013Assets 2014: $45,780Liabilities 2014: $0Net Assets 2014: $45,7802014Assets 2015: $23,304Liabilities 2015: $0Net Assets 2015: $23,3042015Assets 2017: $20,964Liabilities 2017: $0Net Assets 2017: $20,9642017Assets 2018: $7,428Liabilities 2018: $0Net Assets 2018: $7,4282018Assets 2019: $41,639Liabilities 2019: $0Net Assets 2019: $41,6392019Assets 2020: $40,831Liabilities 2020: $0Net Assets 2020: $40,8312020Assets 2021: $42,117Liabilities 2021: $0Net Assets 2021: $42,1172021Assets 2022: $30,577Liabilities 2022: $0Net Assets 2022: $30,5772022Assets 2023: $35,549Liabilities 2023: $0Net Assets 2023: $35,5492023Assets 2024: $45,583Liabilities 2024: $0Net Assets 2024: $45,5832024

Highlighted filing

2015

Assets$23,304
Liabilities$0
Net Assets$23,304

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $75,753Expenses 2011: $83,958Net Income 2011: -$8,2052011Revenue 2012: $53,802Expenses 2012: $51,617Net Income 2012: $2,1852012Revenue 2013: $69,459Expenses 2013: $71,276Net Income 2013: -$1,8172013Revenue 2014: $127,069Expenses 2014: $92,177Net Income 2014: $34,8922014Revenue 2015: $109,206Expenses 2015: $131,682Net Income 2015: -$22,4762015Revenue 2017: $103,359Expenses 2017: $95,661Net Income 2017: $7,6982017Revenue 2018: $94,886Expenses 2018: $108,422Net Income 2018: -$13,5362018Revenue 2019: $108,896Expenses 2019: $74,685Net Income 2019: $34,2112019Revenue 2020: $84,364Expenses 2020: $85,172Net Income 2020: -$8082020Revenue 2021: $100,599Expenses 2021: $99,313Net Income 2021: $1,2862021Revenue 2022: $84,233Expenses 2022: $95,773Net Income 2022: -$11,5402022Revenue 2023: $94,476Expenses 2023: $89,504Net Income 2023: $4,9722023Revenue 2024: $117,750Expenses 2024: $107,716Net Income 2024: $10,0342024

Highlighted filing

2015

Revenue$109,206
Expenses$131,682
Net Income-$22,476
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 15, 2016
Return Version
2015v2.1
Gross Receipts
$109,206
Mission and Program Overview

Mission

To provide friendship, scholarships and career development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$45,780$23,304▼ $22,476
Rtn Earn Endowment Incm Other Fnds$45,780$23,304▼ $22,476
Total Assets$45,780$23,304▼ $22,476
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$45,780$23,304▼ $22,476
Total Liabilities and Net Assets / Fund Balance$45,780$23,304▼ $22,476
Compensation and Service Providers

Board Members and Trustees

NameTitle
Lexi LatshawPresident
Jackie SerbayNew Member E
Meredith WykowskiSecretary
Kyra D LussonTreasurer
Elizabeth BlaskoVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$109,206
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-22,476
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$131,682
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
All Other Expenses$37,582--$37,582
Other Expenses$6,933--$6,933
Travel$4,230--$4,230
Fees for Services Accounting-$250-$250
Total Functional Expenses$131,432$250$0$131,682
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
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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

Documents available upon request

Filing and Contact Details

Filer

Filer Name
Chi Omega Fraternity
EIN
38-6143448
Address
PO BOX 665, SCHOOLCRAFT, MI 49087

Signing Officer

Name
Kyra D Lusson
Title
Treasurer
Signed
2016-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kyra D Lusson
Formed
1960
Legal Domicile
Mi
Voting Board Members
8
Independent Board Members
74
Employees
0

Preparer

Firm
MULLIN'S BUSINESS SERVICE LLC
Address
312 S GRAND ST, SCHOOLCRAFT, MI 49087-9481
Preparer
Christine M Mullin
Phone
2696795536
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Campus activities career development

Form 990, Part IX, Line 24E

Social 6,688 0 0 golf outing 5,648 0 0 dues 4,600 0 0 parlor fees 4,000 0 0 member supplies 3,573 0 0 philanthrophy & service 2,885 0 0 membership/recruitment 2,860 0 0 bank fees 2,689 0 0 sisterhood expense 1,716 0 0 composite 1,618 0 0 education 1,305 0 0

Raw XML Appendix256 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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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt4NEW MEMBER E
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01960
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
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IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0109206
IRS990/GroupReturnForAffiliatesInd0false
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IRS990/IndependentVotingMemberCnt074
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
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IRS990/IRPDocumentCnt00
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IRS990/LoanOutstandingInd0false
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IRS990/MinutesOfCommitteesInd0true
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt023304
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SOCIAL 6,688 0 0 GOLF OUTING 5,648 0 0 DUES 4,600 0 0 PARLOR FEES 4,000 0 0 MEMBER SUPPLIES 3,573 0 0 PHILANTHROPHY & SERVICE 2,885 0 0 MEMBERSHIP/RECRUITMENT 2,860 0 0 BANK FEES 2,689 0 0 SISTERHOOD EXPENSE 1,716 0 0 COMPOSITE 1,618 0 0 EDUCATION 1,305 0 0
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
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ReturnHeader/PreparerPersonGrp/PreparationDt02016-09-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTINE M MULLIN
ReturnHeader/ReturnTs02016-09-12T16:55:25-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.00$0.46$1.18$1.08$0.10
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.36$0.00$0.36$0.94$0.90$0.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.00$0.31$0.84$0.96$0.12
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.42$0.00$0.42$1.01$0.99$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.41$0.00$0.41$0.84$0.85$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.42$0.00$0.42$1.09$0.75$0.34
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.07$0.00$0.07$0.95$1.08$0.14
2017Summary only. Only limited summary data is available for this year.$0.21$0.00$0.21$1.03$0.96$0.08
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2015Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$1.09$1.32$0.22
2014Summary only. Only limited summary data is available for this year.$0.46$0.00$0.46$1.27$0.92$0.35
2013Summary only. Only limited summary data is available for this year.$0.11$0.00$0.11$0.69$0.71$0.02
2012Summary only. Only limited summary data is available for this year.$0.13$0.00$0.13$0.54$0.52$0.02
2011Summary only. Only limited summary data is available for this year.$0.11$0.00$0.11$0.76$0.84$0.08