Civic Intelligence

Gamma Phi Beta Building Association

990 • Fiscal year 2020 • EIN 47-0169610

Aug 01, 2019 to Jul 31, 2020 • Filed on Dec 14, 2020

3533 South 85th StreetLincoln, NE 68520

(402) 483-7781

Siviq Scores

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

Liabilities / Assets

25th percentile

0.02x

Higher debt load relative to assets than 25% of similar nonprofits.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

31st percentile

0.11x

Higher debt load relative to revenue than 31% of similar nonprofits.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2020

Net Margin

74th percentile

15%

Higher net margin than 74% of similar nonprofits.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

80th percentile

$28,929

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2020

Asset Growth

62nd percentile

3.2%

Faster asset growth than 62% of similar nonprofits.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

46th percentile

-7.0%

Faster revenue growth than 46% of similar nonprofits.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$2,878,505

Up $89,944 (+3.2%) from 2019

Net Assets

Up

$2,811,295

Up $85,136 (+3.1%) from 2019

Liabilities

Up

$67,210

Up $4,808 (+7.7%) from 2019

Revenue

Down

$594,122

Down $44,597 (-7.0%) from 2019

Expenses

Down

$505,821

Down $49,501 (-8.9%) from 2019

Net Income

Up

$88,301

Up $4,904 (+5.9%) from 2019

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $2,702,653Liabilities 2011: $1,164,456Net Assets 2011: $1,538,1972011Assets 2012: $2,591,660Liabilities 2012: $973,462Net Assets 2012: $1,618,1982012Assets 2013: $2,529,844Liabilities 2013: $771,292Net Assets 2013: $1,758,5522013Assets 2014: $2,509,588Liabilities 2014: $586,956Net Assets 2014: $1,922,6322014Assets 2015: $2,397,082Liabilities 2015: $303,693Net Assets 2015: $2,093,3892015Assets 2016: $2,392,715Liabilities 2016: $97,992Net Assets 2016: $2,294,7232016Assets 2017: $2,566,088Liabilities 2017: $65,491Net Assets 2017: $2,500,5972017Assets 2018: $2,723,958Liabilities 2018: $94,148Net Assets 2018: $2,629,8102018Assets 2019: $2,788,561Liabilities 2019: $62,402Net Assets 2019: $2,726,1592019Assets 2020: $2,878,505Liabilities 2020: $67,210Net Assets 2020: $2,811,2952020Assets 2021: $2,936,073Liabilities 2021: $99,248Net Assets 2021: $2,836,8252021Assets 2022: $3,120,014Liabilities 2022: $160,410Net Assets 2022: $2,959,6042022Assets 2023: $3,126,766Liabilities 2023: $47,502Net Assets 2023: $3,079,2642023

Highlighted filing

2020

Assets$2,878,505
Liabilities$67,210
Net Assets$2,811,295

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $501,511Expenses 2011: $418,051Net Income 2011: $83,4602011Revenue 2012: $532,232Expenses 2012: $450,703Net Income 2012: $81,5292012Revenue 2013: $498,708Expenses 2013: $361,350Net Income 2013: $137,3582013Revenue 2014: $558,001Expenses 2014: $391,982Net Income 2014: $166,0192014Revenue 2015: $546,155Expenses 2015: $375,535Net Income 2015: $170,6202015Revenue 2016: $569,376Expenses 2016: $375,522Net Income 2016: $193,8542016Revenue 2017: $582,420Expenses 2017: $379,524Net Income 2017: $202,8962017Revenue 2018: $605,383Expenses 2018: $484,790Net Income 2018: $120,5932018Revenue 2019: $638,719Expenses 2019: $555,322Net Income 2019: $83,3972019Revenue 2020: $594,122Expenses 2020: $505,821Net Income 2020: $88,3012020Revenue 2021: $601,651Expenses 2021: $607,806Net Income 2021: -$6,1552021Revenue 2022: $588,448Expenses 2022: $468,472Net Income 2022: $119,9762022Revenue 2023: $632,002Expenses 2023: $516,001Net Income 2023: $116,0012023

Highlighted filing

2020

Revenue$594,122
Expenses$505,821
Net Income$88,301
Jump To
Filing Snapshot
Filing Period
Aug 1, 2019 to Jul 31, 2020
Signed
Dec 14, 2020
Return Version
2019v5.0
Gross Receipts
$594,122
Mission and Program Overview

Mission

Provide on-campus housing for members of the gamma phi beta sorority.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,020,155$2,058,673▲ $38,518
Cash and Non-Interest-Bearing Accounts$417,919$452,957▲ $35,038
Investments in Publicly Traded Securities$276,155$272,992▼ $3,163
Savings and Temporary Cash Investments$63,043$88,037▲ $24,994
Prepaid Expenses and Deferred Charges$5,795$4,565▼ $1,230
Accounts Receivable$5,026$1,202▼ $3,824
Intangible Assets$468$79▼ $389
Total Assets$2,788,561$2,878,505▲ $89,944
Liabilities
Accounts Payable and Accrued Expenses$49,942$55,458▲ $5,516
Other Liabilities$12,460$11,752▼ $708
Total Liabilities$62,402$67,210▲ $4,808
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,723,745$2,808,881▲ $85,136
Net Assets With Donor Restrictions$2,414$2,414→ $0
Total Net Assets Fund Balance$2,726,159$2,811,295▲ $85,136
Total Liabilities and Net Assets / Fund Balance$2,788,561$2,878,505▲ $89,944

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,912,797$987,987$2,900,784
Equipment$145,876$204,964$350,840
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tracie DiehlBoard MemberPT$28,929$28,929

Board Members and Trustees

NameTitle
Kara BrostromPresident
Alexandria RinneBoard Member
Aly SchroderBoard Member
Angela MillerBoard Member
Bethany WoodBoard Member
Chloe HigginsBoard Member
Kim CudaBoard Member
Leslie GibbensBoard Member
Sheila SchneiderBoard Member
Sarah SwimSecretary
Emily GrossTreasurer
Crystal KutilekVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$17,280
Program Service Revenue
$568,533
Investment Income
$8,259
Other Revenue
$50
All Other Contributions
$17,280
Change in Net Assets
$88,301
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$459,729
Salaries, Compensation, and Employee Benefits$35,342
Professional Fundraising Fees$10,750
Total Fundraising Expense$10,750
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$94,571--$94,571
Occupancy$89,560--$89,560
Current Officers, Directors, Trustees, and Key Employees$28,929--$28,929
Fees for Services Accounting$20,653--$20,653
Insurance$12,186--$12,186
Fees for Services Professional Fundraising--$10,750$10,750
Office Expenses$3,625--$3,625
Payroll Taxes$3,513--$3,513
Conferences and Meetings$3,000--$3,000
Other Salaries and Wages$2,900--$2,900
Fees for Services Other$900--$900
Other Expenses$236--$236
All Other Expenses$75--$75
Total Functional Expenses$495,071$0$10,750$505,821
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$10,750
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Related Party Payable$11,752
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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

The board members receive a copy of the return. The board members review for accuracy before filing return.

Form 990, Page 6, Part VI, Line 12C

The board members are required to review and sign a conflict of interest policy annually. A known conflict by a member will result in that member being excluded from voting on that particular transaction.

Form 990, Page 6, Part VI, Line 15B

The board members annually complete a performance review on the compensated officer. The board members vote to approve the annual salary.

Form 990, Page 6, Part VI, Line 19

Documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Gamma Phi Beta Building Association
EIN
47-0169610
Address
3533 SOUTH 85TH STREET, LINCOLN, NE 68520

Signing Officer

Name
Emily Gross
Title
Treasurer
Signed
2020-12-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Emily Gross
Legal Domicile
Ne
Voting Board Members
12
Independent Board Members
12
Employees
3
Volunteers
15

Preparer

Firm
Bmg Certified Public Accountants Llp
Address
3533 S 85TH ST, LINCOLN, NE 68520
Preparer
Sarah Boehle Pool
Phone
4024837781
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05795
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04565
IRS990/PrincipalOfficerNm0EMILY GROSS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3531110
IRS990/ProgramServiceRevenueGrp/BusinessCd4531110
IRS990/ProgramServiceRevenueGrp/Desc0ROOM & BOARD
IRS990/ProgramServiceRevenueGrp/Desc1LOCAL FACILITY COMMON AREA
IRS990/ProgramServiceRevenueGrp/Desc2LIVE-OUT FEE
IRS990/ProgramServiceRevenueGrp/Desc3LOCAL FACILITY FEE
IRS990/ProgramServiceRevenueGrp/Desc4DEPOSITS FORFEITED
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0291146
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1249718
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt225080
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt314840
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt41400
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0291146
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1249718
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt225080
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt314840
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt41400
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt012280
IRS990/PYInvestmentIncomeAmt04087
IRS990/PYOtherExpensesAmt0502629
IRS990/PYOtherRevenueAmt0430
IRS990/PYProgramServiceRevenueAmt0621922
IRS990/PYRevenuesLessExpensesAmt083397
IRS990/PYSalariesCompEmpBnftPaidAmt030786
IRS990/PYTotalExpensesAmt0555322
IRS990/PYTotalProfFndrsngExpnsAmt021907
IRS990/PYTotalRevenueAmt0638719
IRS990/ReconcilationRevenueExpnssAmt088301
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0568533
IRS990/SavingsAndTempCashInvstGrp/BOYAmt063043
IRS990/SavingsAndTempCashInvstGrp/EOYAmt088037
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01912797
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0987987
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02900784
IRS990ScheduleD/EquipmentGrp/BookValueAmt0145876
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0204964
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0350840
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011752
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RELATED PARTY PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02058673
IRS990ScheduleD/TotalLiabilityAmt011752
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD MEMBERS RECEIVE A COPY OF THE RETURN. THE BOARD MEMBERS REVIEW FOR ACCURACY BEFORE FILING RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD MEMBERS ARE REQUIRED TO REVIEW AND SIGN A CONFLICT OF INTEREST POLICY ANNUALLY. A KNOWN CONFLICT BY A MEMBER WILL RESULT IN THAT MEMBER BEING EXCLUDED FROM VOTING ON THAT PARTICULAR TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD MEMBERS ANNUALLY COMPLETE A PERFORMANCE REVIEW ON THE COMPENSATED OFFICER. THE BOARD MEMBERS VOTE TO APPROVE THE ANNUAL SALARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0GAMMA PHI BETA SORORITY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0476046120
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SOCIAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03533 SOUTH 85TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LINCOLN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd068520
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02788561
IRS990/TotalAssetsEOYAmt02878505
IRS990/TotalAssetsGrp/BOYAmt02788561
IRS990/TotalAssetsGrp/EOYAmt02878505
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt017280
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt010750
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0495071
IRS990/TotalFunctionalExpensesGrp/TotalAmt0505821
IRS990/TotalGrossUBIAmt08259
IRS990/TotalLiabilitiesBOYAmt062402
IRS990/TotalLiabilitiesEOYAmt067210
IRS990/TotalLiabilitiesGrp/BOYAmt062402
IRS990/TotalLiabilitiesGrp/EOYAmt067210
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02726159
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02811295
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0-13651
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0-13651
IRS990/TotalProgramServiceExpensesAmt0495071
IRS990/TotalProgramServiceRevenueAmt0568533
IRS990/TotalReportableCompFromOrgAmt028929
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0568583
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0594122
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt08259
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02788561

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$3.13$0.05$3.08$0.63$0.52$0.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.12$0.16$2.96$0.59$0.47$0.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.94$0.10$2.84$0.60$0.61$0.01
2020Detailed filing. Detailed filing data is available for this year.$2.88$0.07$2.81$0.59$0.51$0.09
2019Summary only. Only limited summary data is available for this year.$2.79$0.06$2.73$0.64$0.56$0.08
2018Summary only. Only limited summary data is available for this year.$2.72$0.09$2.63$0.61$0.48$0.12
2017Summary only. Only limited summary data is available for this year.$2.57$0.07$2.50$0.58$0.38$0.20
2016Summary only. Only limited summary data is available for this year.$2.39$0.10$2.29$0.57$0.38$0.19
2015Summary only. Only limited summary data is available for this year.$2.40$0.30$2.09$0.55$0.38$0.17
2014Summary only. Only limited summary data is available for this year.$2.51$0.59$1.92$0.56$0.39$0.17
2013Summary only. Only limited summary data is available for this year.$2.53$0.77$1.76$0.50$0.36$0.14
2012Summary only. Only limited summary data is available for this year.$2.59$0.97$1.62$0.53$0.45$0.08
2011Summary only. Only limited summary data is available for this year.$2.70$1.16$1.54$0.50$0.42$0.08