Civic Intelligence

Gamma Phi Beta Building Association

990 • Fiscal year 2022 • EIN 47-0169610

Aug 01, 2021 to Jul 31, 2022 • Filed on Jun 08, 2023

415 North 16th StreetLincoln, NE 68508

(402) 217-1831

Siviq Scores

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

Liabilities / Assets

35th percentile

0.05x

Higher debt load relative to assets than 35% of similar nonprofits.

2022 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

48th percentile

0.27x

Higher debt load relative to revenue than 48% of similar nonprofits.

2022 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2022

Net Margin

79th percentile

20%

Higher net margin than 79% of similar nonprofits.

2022 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

84th percentile

$30,435

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

2022 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2022

Asset Growth

67th percentile

6.3%

Faster asset growth than 67% of similar nonprofits.

2022 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

24th percentile

-2.2%

Faster revenue growth than 24% of similar nonprofits.

2022 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$3,120,014

Up $183,941 (+6.3%) from 2021

Net Assets

Up

$2,959,604

Up $122,779 (+4.3%) from 2021

Liabilities

Up

$160,410

Up $61,162 (+62%) from 2021

Revenue

Down

$588,448

Down $13,203 (-2.2%) from 2021

Expenses

Down

$468,472

Down $139,334 (-23%) from 2021

Net Income

Up

$119,976

Up $126,131 (+2049%) from 2021

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

2022

Assets$3,120,014
Liabilities$160,410
Net Assets$2,959,604

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

2022

Revenue$588,448
Expenses$468,472
Net Income$119,976
Jump To
Filing Snapshot
Filing Period
Aug 1, 2021 to Jul 31, 2022
Signed
Jun 8, 2023
Return Version
2021v4.0
Gross Receipts
$588,448
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$1,883,398$1,873,867▼ $9,531
Savings and Temporary Cash Investments$656,131$653,781▼ $2,350
Cash and Non-Interest-Bearing Accounts$102,276$378,402▲ $276,126
Investments in Publicly Traded Securities$289,768$212,703▼ $77,065
Prepaid Expenses and Deferred Charges$3,228--
Accounts Receivable$1,261$1,261→ $0
Intangible Assets$11--
Total Assets$2,936,073$3,120,014▲ $183,941
Liabilities
Other Liabilities$51,068$133,409▲ $82,341
Accounts Payable and Accrued Expenses$48,180$27,001▼ $21,179
Total Liabilities$99,248$160,410▲ $61,162
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,834,344$2,957,123▲ $122,779
Net Assets With Donor Restrictions$2,481$2,481→ $0
Total Net Assets Fund Balance$2,836,825$2,959,604▲ $122,779
Total Liabilities and Net Assets / Fund Balance$2,936,073$3,120,014▲ $183,941

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,811,681$1,125,990$2,937,671
Equipment$62,186$355,187$417,373
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tracie DiehlBoard MemberPT$30,435$30,435

Board Members and Trustees

NameTitle
Kara BrostromPresident
Angela MillerBoard Member
Ann GregoryBoard Member
Bethany WoodBoard Member
Chloe HigginsBoard Member
Hannah HeadleyBoard Member
Kim CudaBoard Member
Leslie GibbensBoard Member
Meredith HovisBoard Member
Sarah SwimSecretary
Katie BlyckerTreasurer
Crystal KutilekVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$9,505
Program Service Revenue
$568,981
Investment Income
$8,678
Other Revenue
$1,284
All Other Contributions
$9,505
Change in Net Assets
$119,976
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$418,261
Salaries, Compensation, and Employee Benefits$34,144
Professional Fundraising Fees$16,067
Total Fundraising Expense$16,067
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$122,079--$122,079
Depreciation Depletion$82,975--$82,975
Current Officers, Directors, Trustees, and Key Employees$30,435--$30,435
Fees for Services Professional Fundraising--$16,067$16,067
Insurance$11,467--$11,467
Fees for Services Accounting$6,193--$6,193
Payroll Taxes$3,709--$3,709
Office Expenses$1,941--$1,941
Fees for Services Other$883--$883
Other Expenses$157--$157
All Other Expenses$131--$131
Total Functional Expenses$452,405$0$16,067$468,472
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$16,067
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Gamma Phi Beta Sorority Inc$133,409
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 form 990. The board members review the form 990 for accuracy before filing.

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 board member will result in the board member being excluded from voting on that particular transaction.

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

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

Form 990, Page 6, Part VI, Line 19

The governing documents and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Gamma Phi Beta Building Association
EIN
47-0169610
Phone
4022171831
Address
415 NORTH 16TH STREET, LINCOLN, NE 68508

Signing Officer

Name
Katie Blycker
Title
Treasurer
Phone
4022171831
Signed
2023-06-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Katie Blycker
Legal Domicile
Ne
Voting Board Members
12
Independent Board Members
12
Employees
1
Volunteers
15

Preparer

Firm
Hocking & Schulenberg LLC
Address
3501 PLANTATION DR SUITE 110, LINCOLN, NE 68516
Preparer
Shawn P Schulenberg
Phone
4024410140
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IRS990/PayrollTaxesGrp/ProgramServicesAmt03709
IRS990/PayrollTaxesGrp/TotalAmt03709
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03228
IRS990/PrincipalOfficerNm0KATIE BLYCKER
IRS990/ProfessionalFundraisingInd0true
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3531110
IRS990/ProgramServiceRevenueGrp/BusinessCd4531110
IRS990/ProgramServiceRevenueGrp/Desc0ROOM & BOARD
IRS990/ProgramServiceRevenueGrp/Desc1LOCAL FACILITY COMMON ARE
IRS990/ProgramServiceRevenueGrp/Desc2LIVE-OUT FEE
IRS990/ProgramServiceRevenueGrp/Desc3LOCAL FACILITY FEE
IRS990/ProgramServiceRevenueGrp/Desc4DEPOSITS FORFEITED
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0295058
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1231861
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt221903
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt313559
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt46600
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0295058
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1231861
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt221903
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt313559
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt46600
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt013167
IRS990/PYInvestmentIncomeAmt08379
IRS990/PYOtherExpensesAmt0556572
IRS990/PYOtherRevenueAmt03525
IRS990/PYProgramServiceRevenueAmt0576580
IRS990/PYRevenuesLessExpensesAmt0-6155
IRS990/PYSalariesCompEmpBnftPaidAmt032847
IRS990/PYTotalExpensesAmt0607806
IRS990/PYTotalProfFndrsngExpnsAmt018387
IRS990/PYTotalRevenueAmt0601651
IRS990/ReconcilationRevenueExpnssAmt0119976
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0568981
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0656131
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0653781
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01811681
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01125990
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02937671
IRS990ScheduleD/EquipmentGrp/BookValueAmt062186
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0355187
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0417373
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0133409
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0GAMMA PHI BETA SORORITY INC
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01873867
IRS990ScheduleD/TotalLiabilityAmt0133409
IRS990ScheduleG/AgrmtProfFundraisingActyInd0true
IRS990ScheduleG/AllStatesCd0All States
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0MAILERS
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd0false
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt09505
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0-6562
IRS990ScheduleG/FundraiserActivityInfoGrp/PersonNm0PENNINGTON COMPANY
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt016067
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0501 GATEWAY DRIVE
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0LAWRENCE
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0KS
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd066049
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/SupplementalInformationDetail/ExplanationTxt0PENNINGTON & COMPANY ALL FEES FOR FUNDRAISING ACTIVITIES, NO REIMBURSEMENT ITEMS INCLUDED.
IRS990ScheduleG/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE G, PAGE 1, PART I, LINE 2B, COLUMN (V)
IRS990ScheduleG/TotalGrossReceiptsAmt09505
IRS990ScheduleG/TotalNetToOrganizationAmt0-6562
IRS990ScheduleG/TotalRetainedByContractorsAmt016067
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD MEMBERS RECEIVE A COPY OF THE FORM 990. THE BOARD MEMBERS REVIEW THE FORM 990 FOR ACCURACY BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD MEMBERS ARE REQUIRED TO REVIEW AND SIGN A CONFLICT OF INTEREST POLICY ANNUALLY. A KNOWN CONFLICT BY A BOARD MEMBER WILL RESULT IN THE BOARD MEMBER BEING EXCLUDED FROM VOTING ON THAT PARTICULAR TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD MEMBERS COMPLETE A PERFORMANCE REVIEW ON THE COMPENSATED OFFICER ANNUALLY. THE BOARD MEMBERS VOTE TO APPROVE THE COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC 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/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0GAMMA PHI BETA SORORITY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0476046120
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SOCIAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0415 N 16TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LINCOLN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd068508
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/TotalAssetsBOYAmt02936073
IRS990/TotalAssetsEOYAmt03120014
IRS990/TotalAssetsGrp/BOYAmt02936073
IRS990/TotalAssetsGrp/EOYAmt03120014
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt09505
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt016067
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0452405
IRS990/TotalFunctionalExpensesGrp/TotalAmt0468472
IRS990/TotalGrossUBIAmt08546
IRS990/TotalLiabilitiesBOYAmt099248
IRS990/TotalLiabilitiesEOYAmt0160410
IRS990/TotalLiabilitiesGrp/BOYAmt099248
IRS990/TotalLiabilitiesGrp/EOYAmt0160410
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02836825

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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
2022Detailed filing. Detailed filing data is available for this year.$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
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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