Civic Intelligence

Zeta Chapter Sigma Chi Fraternity

990 • Fiscal year 2022 • EIN 54-0379340

Sep 01, 2021 to Aug 31, 2022 • Filed on Jul 13, 2023

216 E Nelson StreetLexington, VA 24450

(540) 458-3847

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.

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

53rd percentile

0.00x

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

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

Net Margin

46th percentile

1.2%

Higher net margin than 46% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

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

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

Asset Growth

71st percentile

11%

Faster asset growth than 71% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

72nd percentile

38%

Faster revenue growth than 72% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$32,100

Up $3,073 (+11%) from 2021

Net Assets

Up

$32,100

Up $3,073 (+11%) from 2021

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

Up

$255,143

Up $70,858 (+38%) from 2021

Expenses

Up

$252,070

Up $77,248 (+44%) from 2021

Net Income

Down

$3,073

Down $6,390 (-68%) from 2021

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2017: $29,854Liabilities 2017: $3,010Net Assets 2017: $26,8442017Assets 2018: $21,482Liabilities 2018: $5,412Net Assets 2018: $16,0702018Assets 2019: $18,813Liabilities 2019: $0Net Assets 2019: $18,8132019Assets 2020: $19,564Net Assets 2020: $19,5642020Assets 2021: $29,027Net Assets 2021: $29,0272021Assets 2022: $32,100Liabilities 2022: $0Net Assets 2022: $32,1002022Assets 2023: $17,240Liabilities 2023: $0Net Assets 2023: $17,2402023Assets 2024: $23,489Liabilities 2024: $0Net Assets 2024: $23,4892024

Highlighted filing

2022

Assets$32,100
Liabilities$0
Net Assets$32,100

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2017: $241,185Expenses 2017: $234,805Net Income 2017: $6,3802017Revenue 2018: $225,497Expenses 2018: $236,271Net Income 2018: -$10,7742018Revenue 2019: $215,243Expenses 2019: $212,500Net Income 2019: $2,7432019Revenue 2020: $180,791Expenses 2020: $180,040Net Income 2020: $7512020Revenue 2021: $184,285Expenses 2021: $174,822Net Income 2021: $9,4632021Revenue 2022: $255,143Expenses 2022: $252,070Net Income 2022: $3,0732022Revenue 2023: $313,136Expenses 2023: $327,996Net Income 2023: -$14,8602023Revenue 2024: $383,438Expenses 2024: $377,189Net Income 2024: $6,2492024

Highlighted filing

2022

Revenue$255,143
Expenses$252,070
Net Income$3,073
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Jul 13, 2023
Return Version
2021v4.0
Gross Receipts
$255,143
Mission and Program Overview

Mission

College fraternity chapter

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$29,027$32,100▲ $3,073
Total Assets$29,027$32,100▲ $3,073
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$29,027$32,100▲ $3,073
Total Net Assets Fund Balance$29,027$32,100▲ $3,073
Total Liabilities and Net Assets / Fund Balance$29,027$32,100▲ $3,073

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$15,285$15,285
Compensation and Service Providers

Board Members and Trustees

NameTitle
Andrew WrightPresident
Robert BallengerChapter Advi
Jt NaldiTreasurer
Ben SavageVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$9,983
Program Service Revenue
$245,160
Investment Income
$0
Other Revenue
$0
All Other Contributions
$9,983
Change in Net Assets
$3,073
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$252,070
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
Fees for Services Accounting---$6,037
Occupancy---$3,504
Office Expenses---$1,684
All Other Expenses---$1,570
Other Expenses---$1,367
Total Functional Expenses$0$0$0$252,070
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
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 tax return is first reviewed by either the president or the treasurer. If no discrepancies or irregularities are noted, the return is filed. Should issues arise during the initial review, the return is subsequently forwarded to the other individual, if the issue cannot be resolved after the second review, the return is then reviewed by the entire board

Form 990, Page 6, Part VI, Line 19

Governing documents are available upon request

Filing and Contact Details

Filer

Filer Name
Zeta Chapter Sigma Chi Fraternity
EIN
54-0379340
Phone
5404583847
Address
216 E NELSON STREET, LEXINGTON, VA 24450

Signing Officer

Name
Robert Ballenger
Title
Chapter Advisor
Phone
5404583847
Signed
2023-07-13

Organization Details

Principal Officer
Andrew Wright
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
Imler & Imler Cpas Plc
Address
30 CROSSING LANE SUITE 103, LEXINGTON, VA 24450
Preparer
Craig a Imler CPA
Phone
5404583847
Raw XML Appendix237 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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