Civic Intelligence

Chi Omega Fraternity Sigma Lambda Chapter of Vpi & Su

990 • Fiscal year 2020 • EIN 54-1435037

Aug 01, 2019 to Jul 31, 2020 • Filed on Sep 23, 2020

Oak Lane Sph-m Virginia TechBlacksburg, VA 24061

(540) 230-7448

Siviq Scores

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

Liabilities / Assets

50th percentile

0.00x

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

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

50th percentile

0.00x

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

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Net Margin

46th percentile

1.2%

Higher net margin than 46% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

58th percentile

4.6%

Faster asset growth than 58% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

51st percentile

-14%

Faster revenue growth than 51% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$56,099

Up $2,467 (+4.6%) from 2019

Net Assets

Up

$56,099

Up $2,467 (+4.6%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$203,033

Down $31,843 (-14%) from 2019

Expenses

Down

$200,566

Down $32,733 (-14%) from 2019

Net Income

Up

$2,467

Up $890 (+56%) from 2019

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2011: $5,329Liabilities 2011: $02011Assets 2012: $893Liabilities 2012: $02012Assets 2013: $1,000Liabilities 2013: $02013Assets 2014: $2,785Liabilities 2014: $02014Assets 2015: $7,525Liabilities 2015: $02015Assets 2016: $11,073Liabilities 2016: $0Net Assets 2016: $11,0732016Assets 2017: $12,560Liabilities 2017: $0Net Assets 2017: $12,5602017Assets 2018: $52,055Liabilities 2018: $27,799Net Assets 2018: $24,2562018Assets 2019: $53,632Liabilities 2019: $0Net Assets 2019: $53,6322019Assets 2020: $56,099Liabilities 2020: $0Net Assets 2020: $56,0992020Assets 2021: $68,430Liabilities 2021: $0Net Assets 2021: $68,4302021Assets 2022: $95,354Liabilities 2022: $0Net Assets 2022: $95,3542022Assets 2023: $47,720Liabilities 2023: $0Net Assets 2023: $47,7202023Assets 2024: $54,957Liabilities 2024: $0Net Assets 2024: $54,9572024

Highlighted filing

2020

Assets$56,099
Liabilities$0
Net Assets$56,099

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $177,568Expenses 2011: $172,276Net Income 2011: $5,2922011Revenue 2012: $164,337Expenses 2012: $168,773Net Income 2012: -$4,4362012Revenue 2013: $148,976Expenses 2013: $148,869Net Income 2013: $1072013Revenue 2014: $155,923Expenses 2014: $154,138Net Income 2014: $1,7852014Revenue 2015: $172,288Expenses 2015: $167,548Net Income 2015: $4,7402015Revenue 2016: $232,025Expenses 2016: $228,477Net Income 2016: $3,5482016Revenue 2017: $256,210Expenses 2017: $261,012Net Income 2017: -$4,8022017Revenue 2018: $245,808Expenses 2018: $240,789Net Income 2018: $5,0192018Revenue 2019: $234,876Expenses 2019: $233,299Net Income 2019: $1,5772019Revenue 2020: $203,033Expenses 2020: $200,566Net Income 2020: $2,4672020Revenue 2021: $154,846Expenses 2021: $142,515Net Income 2021: $12,3312021Revenue 2022: $230,807Expenses 2022: $238,261Net Income 2022: -$7,4542022Revenue 2023: $268,627Expenses 2023: $316,261Net Income 2023: -$47,6342023Revenue 2024: $224,112Expenses 2024: $216,875Net Income 2024: $7,2372024

Highlighted filing

2020

Revenue$203,033
Expenses$200,566
Net Income$2,467
Jump To
Filing Snapshot
Filing Period
Aug 1, 2019 to Jul 31, 2020
Signed
Sep 23, 2020
Return Version
2019v5.0
Gross Receipts
$203,033
Mission and Program Overview

Mission

College social/fraternal organization

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$46,893$43,914▼ $2,979
Savings and Temporary Cash Investments$6,739$12,185▲ $5,446
Total Assets$53,632$56,099▲ $2,467
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$53,632$56,099▲ $2,467
Total Net Assets Fund Balance$53,632$56,099▲ $2,467
Total Liabilities and Net Assets / Fund Balance$53,632$56,099▲ $2,467
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ashley HenegarPresident
Allison ZuchowskiAdvisor
Brenna GaffiganSecretary
Heley BealeTreasurer
Rachel FairchildVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$184,027
Program Service Revenue
$18,932
Investment Income
$74
Other Revenue
$0
Change in Net Assets
$2,467
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$200,566
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---$38,065
Other Expenses---$16,075
Total Functional Expenses$0$0$0$200,566
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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Chi Omega Fraternity Sigma Lambda
EIN
54-1435037
Address
OAK LANE SPH-M VIRGINIA TECH, BLACKSBURG, VA 24061

Signing Officer

Name
Allison Zuchowski
Title
Advisor
Signed
2020-09-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ashley Henegar
Voting Board Members
4
Independent Board Members
0
Employees
0

Preparer

Firm
Cooke Lavender Massey & Company Pc
Address
2001 S MAIN ST STE 6, BLACKSBURG, VA 24060-6667
Preparer
Shane Lavender CPA
Phone
5409531152
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Merchandise 11,382 0 0 dues/initiation fees 10,040 0 0 recruitment 4,946 0 0 panhellenic 4,000 0 0 new member education 3,872 0 0 travel & national visitor 3,038 0 0 activities 480 0 0 community service 179 0 0 awards/scholarship 128 0 0 total 38,065 0 0

Raw XML Appendix243 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.

Path#Value
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IRS990/BooksInCareOfDetail/PhoneNum05402307448
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IRS990/Form990PartVIISectionAGrp/PersonNm1RACHEL FAIRCHILD
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4ADVISOR
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IRS990/FSAuditedInd0false
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IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0203033
IRS990/GroupReturnForAffiliatesInd0false
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IRS990/IRPDocumentCnt00
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IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
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IRS990/MembershipDuesAmt0184027
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IRS990/MethodOfAccountingCashInd0X
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IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt053632
IRS990/NetAssetsOrFundBalancesEOYAmt056099
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt053632
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
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IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MERCHANDISE 11,382 0 0 DUES/INITIATION FEES 10,040 0 0 RECRUITMENT 4,946 0 0 PANHELLENIC 4,000 0 0 NEW MEMBER EDUCATION 3,872 0 0 TRAVEL & NATIONAL VISITOR 3,038 0 0 ACTIVITIES 480 0 0 COMMUNITY SERVICE 179 0 0 AWARDS/SCHOLARSHIP 128 0 0 TOTAL 38,065 0 0
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/ReturnTs02021-09-27T09:21:49-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-08-01
ReturnHeader/TaxPeriodEndDt02020-07-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$2.24$2.17$0.07
2023Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$2.69$3.16$0.48
2022Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$2.31$2.38$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$1.55$1.43$0.12
2020Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$2.03$2.01$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$2.35$2.33$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.52$0.28$0.24$2.46$2.41$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$2.56$2.61$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$2.32$2.28$0.04
2015Summary only. Only limited summary data is available for this year.$0.08$0.00$1.72$1.68$0.05
2014Summary only. Only limited summary data is available for this year.$0.03$0.00$1.56$1.54$0.02
2013Summary only. Only limited summary data is available for this year.$0.01$0.00$1.49$1.49$0.00
2012Summary only. Only limited summary data is available for this year.$0.01$0.00$1.64$1.69$0.04
2011Summary only. Only limited summary data is available for this year.$0.05$0.00$1.78$1.72$0.05