Civic Intelligence

Oklahoma Beta of Sigma Phi Epsilon

EIN 46-5602096 • 501(c)7 • Edmond, OK

Profile

Housing for undergraduate fraternity.

PO Box 30005Edmond, OK 73003

n/A

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.44x

Higher debt load relative to assets than 73% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

78th percentile

1.03x

Higher debt load relative to revenue than 78% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Net Margin

48th percentile

4.6%

Higher net margin than 48% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

44th percentile

1.0%

Faster asset growth than 44% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

29th percentile

0.0%

Faster revenue growth than 29% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,675,177

Up $16,088 (+1.0%) from 2023

Liabilities

Down

$732,996

Down $16,418 (-2.2%) from 2023

Net Assets

Up

$942,181

Up $32,506 (+3.6%) from 2023

Revenue

Up

$713,278

Up $153 (+0.0%) from 2023

Expenses

Down

$680,772

Down $107,717 (-14%) from 2023

Net Income

Up

$32,506

Up $107,870 (+143%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2015: $1,529,977Liabilities 2015: $66,750Net Assets 2015: $1,463,2272015Assets 2016: $1,714,041Liabilities 2016: $893,705Net Assets 2016: $820,3362016Assets 2017: $1,712,881Liabilities 2017: $871,610Net Assets 2017: $841,2712017Assets 2018: $1,498,286Liabilities 2018: $834,473Net Assets 2018: $663,8132018Assets 2019: $1,642,547Liabilities 2019: $849,146Net Assets 2019: $793,4012019Assets 2020: $1,708,744Liabilities 2020: $818,315Net Assets 2020: $890,4292020Assets 2021: $1,738,868Liabilities 2021: $821,201Net Assets 2021: $917,6672021Assets 2022: $1,765,917Liabilities 2022: $780,878Net Assets 2022: $985,0392022Assets 2023: $1,659,089Liabilities 2023: $749,414Net Assets 2023: $909,6752023Assets 2024: $1,675,177Liabilities 2024: $732,996Net Assets 2024: $942,1812024

Highlighted filing

2024

Assets$1,675,177
Liabilities$732,996
Net Assets$942,181

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2015: $956,652Expenses 2015: $655,701Net Income 2015: $300,9512015Revenue 2016: $823,053Expenses 2016: $677,081Net Income 2016: $145,9722016Revenue 2017: $583,053Expenses 2017: $562,118Net Income 2017: $20,9352017Revenue 2018: $472,144Expenses 2018: $649,600Net Income 2018: -$177,4562018Revenue 2019: $703,498Expenses 2019: $621,740Net Income 2019: $81,7582019Revenue 2020: $629,240Expenses 2020: $532,212Net Income 2020: $97,0282020Revenue 2021: $695,642Expenses 2021: $668,404Net Income 2021: $27,2382021Revenue 2022: $836,159Expenses 2022: $768,787Net Income 2022: $67,3722022Revenue 2023: $713,125Expenses 2023: $788,489Net Income 2023: -$75,3642023Revenue 2024: $713,278Expenses 2024: $680,772Net Income 2024: $32,5062024

Highlighted filing

2024

Revenue$713,278
Expenses$680,772
Net Income$32,506

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jul 10, 2025
Return Version
2023v6.0
Gross Receipts
$763,278
Mission and Program Overview

Mission

Housing for undergraduate fraternity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$965,901$921,897▼ $44,004
Cash and Non-Interest-Bearing Accounts$540,640$592,817▲ $52,177
Savings and Temporary Cash Investments$152,548$160,463▲ $7,915
Total Assets$1,659,089$1,675,177▲ $16,088
Liabilities
Mortgage Notes Payable Secured by Investment Property$680,157$650,684▼ $29,473
Other Liabilities$69,257$82,312▲ $13,055
Total Liabilities$749,414$732,996▼ $16,418
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$909,675$942,181▲ $32,506
Total Net Assets Fund Balance$909,675$942,181▲ $32,506
Total Liabilities and Net Assets / Fund Balance$1,659,089$1,675,177▲ $16,088

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$721,825$960,253$1,682,078
Land$200,000-$200,000
Other Land Buildings$72$179,086$179,158
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jamon HerndonPresident
Brad SchickCampaign Director
Brad McphersonDirector
Brad WatsonDirector
Chip LongDirector
Dave BrowningDirector
Josh YagerDirector
Mark FishDirector
Mitchell MooreDirector
Tim LewisDirector
Wayne RobertsonDirector
Marc GanzBalanced Man
Duncan FugittChapter Advi
Shawn WilliamsChapter Advi
Andy FugittChapter Coun
Jeff MarleyFacilities D
Daryn RodyIntramurals
Taylor DoePhilanthropy
Bryan SchulhoffRelations Di
Colin StricklandRelations Di
Bart ConsedineScholarship
Rich WagerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$703,340
Investment Income
$7,938
Other Revenue
$2,000
Change in Net Assets
$32,506
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$680,772
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
Occupancy---$174,766
Depreciation Depletion---$44,004
Fees for Services Accounting---$30,350
Interest---$23,400
All Other Expenses---$22,052
Insurance---$15,224
Other Expenses---$10,010
Information Technology---$4,016
Conferences and Meetings---$175
Total Functional Expenses$0$0$0$680,772
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits on Hand$82,312
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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

The form 990 is reviewed by the board of directors.

Form 990, Page 6, Part VI, Line 19

These documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Oklahoma Beta of Sigma Phi Epsilon
EIN
46-5602096
Phone
4055285100
Address
PO BOX 30005, EDMOND, OK 73003

Signing Officer

Name
Rich Wager
Title
Treasurer
Phone
4059190494
Signed
2025-07-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rich Wager
Legal Domicile
Ok
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
25

Preparer

Firm
Bell & Rhodes Pc
Address
14220 BARBOUR AVE, OKLAHOMA CITY, OK 73134
Preparer
Michael L Rhodes
Phone
4053412863
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Fraternity alumni who manage the financial affairs of the fraternity, especially in the servicing of the building mortgage and the other financial operations of the fraternity.

Raw XML AppendixShowing 400 of 402 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/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0FOOD SERVICE
IRS990/OtherExpensesGrp/Desc1CLEANING AND HOUSEHOLD SU
IRS990/OtherExpensesGrp/Desc2SENH MANAGEMENT FEE
IRS990/OtherExpensesGrp/Desc3LAWN MAINTENANCE
IRS990/OtherExpensesGrp/TotalAmt0329485
IRS990/OtherExpensesGrp/TotalAmt114156
IRS990/OtherExpensesGrp/TotalAmt213134
IRS990/OtherExpensesGrp/TotalAmt310010
IRS990/OtherLiabilitiesGrp/BOYAmt069257
IRS990/OtherLiabilitiesGrp/EOYAmt082312
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02000
IRS990/OtherRevenueTotalAmt02000
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0RICH WAGER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0703340
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt05290
IRS990/PYOtherExpensesAmt0788489
IRS990/PYOtherRevenueAmt07506
IRS990/PYProgramServiceRevenueAmt0703029
IRS990/PYRevenuesLessExpensesAmt0-72664
IRS990/PYTotalExpensesAmt0788489
IRS990/PYTotalRevenueAmt0715825
IRS990/ReconcilationRevenueExpnssAmt032506
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0152548
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0160463
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0721825
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0960253
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01682078
IRS990ScheduleD/LandGrp/BookValueAmt0200000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0200000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt072
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0179086
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0179158
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt082312
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS ON HAND
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0921897
IRS990ScheduleD/TotalLiabilityAmt082312
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FRATERNITY ALUMNI WHO MANAGE THE FINANCIAL AFFAIRS OF THE FRATERNITY, ESPECIALLY IN THE SERVICING OF THE BUILDING MORTGAGE AND THE OTHER FINANCIAL OPERATIONS OF THE FRATERNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THESE DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OK
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01659089
IRS990/TotalAssetsEOYAmt01675177
IRS990/TotalAssetsGrp/BOYAmt01659089
IRS990/TotalAssetsGrp/EOYAmt01675177
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0680772
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0749414
IRS990/TotalLiabilitiesEOYAmt0732996
IRS990/TotalLiabilitiesGrp/BOYAmt0749414
IRS990/TotalLiabilitiesGrp/EOYAmt0732996
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0909675
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0942181
IRS990/TotalProgramServiceRevenueAmt0703340
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0713278
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0713278
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01659089
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01675177
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 30005
IRS990/USAddress/CityNm0EDMOND
IRS990/USAddress/StateAbbreviationCd0OK
IRS990/USAddress/ZIPCd073003
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICH WAGER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04059190494
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OKLAHOMA BETA OF SIGMA PHI EPSILON
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ALUMNI CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0OKLA
ReturnHeader/Filer/EIN0465602096
ReturnHeader/Filer/PhoneNum04055285100
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 30005
ReturnHeader/Filer/USAddress/CityNm0EDMOND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK
ReturnHeader/Filer/USAddress/ZIPCd073003
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0731275305
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BELL & RHODES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt014220 BARBOUR AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OKLAHOMA CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd073134
ReturnHeader/PreparerPersonGrp/PhoneNum04053412863
ReturnHeader/PreparerPersonGrp/PreparationDt02025-07-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL L RHODES
ReturnHeader/ReturnTs02025-07-11T10:06:27-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-09-01

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