Civic Intelligence

Omega Psi Phi Fraternity Psi Alpha Alpha

990EZ • Fiscal year 2023 • EIN 54-1492819

Nov 01, 2022 to Oct 31, 2023 • Filed on Mar 08, 2024

PO Box 3086Alexandria, VA 22310

(202) 631-2142

Siviq Scores

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

Liabilities / Assets

54th percentile

0.00x

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

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

54th percentile

0.00x

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

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

Net Margin

4th percentile

-64%

Higher net margin than 4% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

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.

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

Asset Growth

9th percentile

-35%

Faster asset growth than 9% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

7th percentile

-36%

Faster revenue growth than 7% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$81,504

Down $44,329 (-35%) from 2022

Net Assets

Down

$81,504

Down $44,329 (-35%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$69,585

Down $38,332 (-36%) from 2022

Expenses

Up

$113,914

Up $71,863 (+171%) from 2022

Net Income

Down

-$44,329

Down $110,195 (-167%) from 2022

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $38,713Liabilities 2011: $02011Assets 2012: $30,761Liabilities 2012: $02012Assets 2013: $38,248Liabilities 2013: $02013Assets 2014: $48,351Liabilities 2014: $02014Assets 2015: $45,475Liabilities 2015: $02015Assets 2016: $46,084Liabilities 2016: $02016Assets 2017: $50,430Liabilities 2017: $02017Assets 2018: $51,759Liabilities 2018: $02018Assets 2019: $36,744Liabilities 2019: $02019Assets 2020: $55,808Liabilities 2020: $02020Assets 2021: $55,808Liabilities 2021: $0Net Assets 2021: $55,8082021Assets 2022: $125,833Liabilities 2022: $0Net Assets 2022: $125,8332022Assets 2023: $81,504Liabilities 2023: $0Net Assets 2023: $81,5042023Assets 2024: $91,594Liabilities 2024: $0Net Assets 2024: $91,5942024Assets 2025: $115,194Liabilities 2025: $0Net Assets 2025: $115,1942025

Highlighted filing

2023

Assets$81,504
Liabilities$0
Net Assets$81,504

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $55,386Expenses 2011: $51,941Net Income 2011: $3,4452011Revenue 2012: $49,448Expenses 2012: $57,400Net Income 2012: -$7,9522012Revenue 2013: $47,831Expenses 2013: $40,344Net Income 2013: $7,4872013Revenue 2014: $51,121Expenses 2014: $41,017Net Income 2014: $10,1042014Revenue 2015: $50,398Expenses 2015: $46,501Net Income 2015: $3,8972015Revenue 2016: $55,090Expenses 2016: $54,481Net Income 2016: $6092016Revenue 2017: $58,268Expenses 2017: $53,923Net Income 2017: $4,3452017Revenue 2018: $59,370Expenses 2018: $58,041Net Income 2018: $1,3292018Revenue 2019: $35,590Expenses 2019: $49,276Net Income 2019: -$13,6862019Revenue 2020: $58,560Expenses 2020: $39,496Net Income 2020: $19,0642020Revenue 2021: $58,560Expenses 2021: $39,496Net Income 2021: $19,0642021Revenue 2022: $107,917Expenses 2022: $42,051Net Income 2022: $65,8662022Revenue 2023: $69,585Expenses 2023: $113,914Net Income 2023: -$44,3292023Revenue 2024: $86,830Expenses 2024: $76,740Net Income 2024: $10,0902024Revenue 2025: $65,719Expenses 2025: $42,119Net Income 2025: $23,6002025

Highlighted filing

2023

Revenue$69,585
Expenses$113,914
Net Income-$44,329
Jump To
Filing Snapshot
Filing Period
Nov 1, 2022 to Oct 31, 2023
Signed
Mar 8, 2024
Return Version
2022v5.0
Gross Receipts
$147,969
Mission and Program Overview

Mission

Psi Alpha Alpha is firmly grounded in the four guiding principles of our distinguished organization: Manhood, Scholarship, Perseverance, and Uplift. These values are deeply embedded in our community outreach efforts. From programs like Reading for Success, ManUp, Adopt-A-Highway, Capital Area Food Bank, Health Fairs/Walks/Runs, to Rebuilding Together, each plays a meaningful role in the community work we take great pride in. We are also dedicated to raising funds for our annual scholarships to high school seniors and financial awards for high school students with talent in the performing arts. Making the most of our collective resources is essential to the success of our community, supporting those in need, and securing a brighter future for the next generation.

Psi Alpha Alpha is deeply rooted in the foundation of our illustrious organization's four cardinal principles of Manhood, Scholarship, Perserverance, and Uplift. Each of the principles can be found woven into our social action outreach throughout the community. Programs such as Reading for Success, ManUp, Adopt-A-Highway, Captial Area Food Bank Health Fairs/Walks/Runs, and Rebuilding Together to name a few, each have a rightful place amount the community actions that the chapter is extremely proud of. We are also committed to fundraising for our annual scholarships to HS seniors and for financial awards to HS students with talent in the performing arts. The sustained and effective use of our collective resources is critical to the success of our commuinity, those less fortunate, and our posterity.

Program Services

DescriptionGrantsExpenses
Psi Alpha Alpha program service accomplishments include Reading for Success, ManUp, Adopt-A-Highway, Capital Area Food Bank, Health Fairs, Walks, Runs, and Rebuilding Together.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Myron McDanielsBasileus (President)PT$0--
Ray BucknerVice Basileus (Vice President)PT$0--
James Cherry IIIKeeper Of Records And Seal (Secretary)PT$0--
Chester KellerKeeper Of Finance (Treasurer)PT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Stronger 2 Grant$50,000$50,000$26,021$23,979
Super Bowl Raffle$38,218$38,218$12,297$25,921
Total Events$88,218$88,218$38,318$49,900
Filing and Contact Details

Filer

Filer Name
Omega Psi Phi Fraternity
EIN
54-1492819
Phone
2026312142
Address
PO Box 3086, Alexandria, VA 22310

Signing Officer

Name
Johnny Logan
Title
Ways & Means Chairman
Phone
2026312142
Signed
2024-03-08
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

Description;Amount^Raffle Deposits;985|Misc Funds;17011^Total;17996^

Form 990-EZ, Part I, Line 16

Description;Amount^Other Expenses;66360|Social Events;14564|Other Events;32990^Total;113914^

Form 990-EZ, Part I, Line 20

Description;Amount^No description;0|No description;0|No description;0^Total;0^

Raw XML Appendix165 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Alexandria
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2James Cherry III
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Chester Keller
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Basileus (President)
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice Basileus (Vice President)
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Keeper of Records and Seal (Secretary)
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Keeper of Finance (Treasurer)
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IRS990EZ/OtherRevenueTotalAmt017996
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Psi Alpha Alpha is deeply rooted in the foundation of our illustrious organization's four cardinal principles of Manhood, Scholarship, Perserverance, and Uplift. Each of the principles can be found woven into our social action outreach throughout the community. Programs such as Reading for Success, ManUp, Adopt-A-Highway, Captial Area Food Bank Health Fairs/Walks/Runs, and Rebuilding Together to name a few, each have a rightful place amount the community actions that the chapter is extremely proud of. We are also committed to fundraising for our annual scholarships to HS seniors and for financial awards to HS students with talent in the performing arts. The sustained and effective use of our collective resources is critical to the success of our commuinity, those less fortunate, and our posterity.
IRS990EZ/PrintingPublicationsPostageAmt00
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt049900
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;Amount^Other Expenses;66360|Social Events;14564|Other Events;32990^Total;113914^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description;Amount^No description;0|No description;0|No description;0^Total;0^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 20
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Johnny Logan
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Ways & Means Chairman
ReturnHeader/BusinessOfficerGrp/PhoneNum02026312142
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OMEGA PSI PHI FRATERNITY
ReturnHeader/Filer/BusinessNameControlTxt0OMEG
ReturnHeader/Filer/EIN0541492819
ReturnHeader/Filer/PhoneNum02026312142
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 3086
ReturnHeader/Filer/USAddress/CityNm0Alexandria
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd022310
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02024-03-05T16:49:19-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Johnny
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Logan
ReturnHeader/TaxPeriodBeginDt02022-11-01
ReturnHeader/TaxPeriodEndDt02023-10-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.15$0.00$1.15$0.66$0.42$0.24
2024Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$0.87$0.77$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.70$1.14$0.44
2022Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.26$1.08$0.42$0.66
2021Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$0.59$0.39$0.19
2020Summary only. Only limited summary data is available for this year.$0.56$0.00$0.59$0.39$0.19
2019Summary only. Only limited summary data is available for this year.$0.37$0.00$0.36$0.49$0.14
2018Summary only. Only limited summary data is available for this year.$0.52$0.00$0.59$0.58$0.01
2017Summary only. Only limited summary data is available for this year.$0.50$0.00$0.58$0.54$0.04
2016Summary only. Only limited summary data is available for this year.$0.46$0.00$0.55$0.54$0.01
2015Summary only. Only limited summary data is available for this year.$0.45$0.00$0.50$0.47$0.04
2014Summary only. Only limited summary data is available for this year.$0.48$0.00$0.51$0.41$0.10
2013Summary only. Only limited summary data is available for this year.$0.38$0.00$0.48$0.40$0.07
2012Summary only. Only limited summary data is available for this year.$0.31$0.00$0.49$0.57$0.08
2011Summary only. Only limited summary data is available for this year.$0.39$0.00$0.55$0.52$0.03