Civic Intelligence

Pi Beta Phi Home Association Inc

990 • Fiscal year 2017 • EIN 55-0711974

Sep 01, 2016 to Aug 31, 2017 • Filed on Mar 05, 2018

156 Foundry StreetMorgantown, WV 26505

(304) 376-0101

Siviq Scores

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

Liabilities / Assets

88th percentile

0.42x

Higher debt load relative to assets than 88% of similar nonprofits.

2017 filings • 501(c)7 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

90th percentile

0.63x

Higher debt load relative to revenue than 90% of similar nonprofits.

2017 filings • 501(c)7 • <$500k nonprofits • Source year 2017

Net Margin

9th percentile

-24%

Higher net margin than 9% of similar nonprofits.

2017 filings • 501(c)7 • <$500k nonprofits • Source year 2017

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.

2017 filings • 501(c)7 • <$500k nonprofits • Source year 2017

Asset Growth

59th percentile

5.2%

Faster asset growth than 59% of similar nonprofits.

2017 filings • 501(c)7 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

90th percentile

38%

Faster revenue growth than 90% of similar nonprofits.

2017 filings • 501(c)7 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$297,296

Up $14,662 (+5.2%) from 2016

Net Assets

Down

$173,902

Down $46,285 (-21%) from 2016

Liabilities

Up

$123,394

Up $60,947 (+98%) from 2016

Revenue

Up

$196,207

Up $53,808 (+38%) from 2016

Expenses

Up

$242,492

Up $112,658 (+87%) from 2016

Net Income

Down

-$46,285

Down $58,850 (-468%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $367,184Liabilities 2011: $97,637Net Assets 2011: $269,5472011Assets 2012: $340,609Liabilities 2012: $91,338Net Assets 2012: $249,2712012Assets 2013: $343,560Liabilities 2013: $79,214Net Assets 2013: $264,3462013Assets 2014: $304,307Liabilities 2014: $72,893Net Assets 2014: $231,4142014Assets 2015: $275,766Liabilities 2015: $68,146Net Assets 2015: $207,6202015Assets 2016: $282,634Liabilities 2016: $62,447Net Assets 2016: $220,1872016Assets 2017: $297,296Liabilities 2017: $123,394Net Assets 2017: $173,9022017Assets 2018: $374,514Liabilities 2018: $196,442Net Assets 2018: $178,0722018Assets 2019: $366,028Liabilities 2019: $167,455Net Assets 2019: $198,5732019Assets 2020: $364,845Liabilities 2020: $202,034Net Assets 2020: $162,8112020Assets 2021: $1,139,287Liabilities 2021: $964,175Net Assets 2021: $175,1122021Assets 2022: $1,281,308Liabilities 2022: $1,141,656Net Assets 2022: $139,6522022Assets 2023: $1,223,808Liabilities 2023: $1,128,927Net Assets 2023: $94,8812023Assets 2024: $1,223,671Liabilities 2024: $1,113,292Net Assets 2024: $110,3792024

Highlighted filing

2017

Assets$297,296
Liabilities$123,394
Net Assets$173,902

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $86,583Expenses 2011: $122,078Net Income 2011: -$35,4952011Revenue 2012: $96,673Expenses 2012: $116,949Net Income 2012: -$20,2762012Revenue 2013: $117,037Expenses 2013: $101,962Net Income 2013: $15,0752013Revenue 2014: $73,879Expenses 2014: $106,810Net Income 2014: -$32,9312014Revenue 2015: $77,153Expenses 2015: $100,947Net Income 2015: -$23,7942015Revenue 2016: $142,399Expenses 2016: $129,834Net Income 2016: $12,5652016Revenue 2017: $196,207Expenses 2017: $242,492Net Income 2017: -$46,2852017Revenue 2018: $237,483Expenses 2018: $233,313Net Income 2018: $4,1702018Revenue 2019: $165,580Expenses 2019: $172,713Net Income 2019: -$7,1332019Revenue 2020: $289,800Expenses 2020: $323,377Net Income 2020: -$33,5772020Revenue 2021: $311,779Expenses 2021: $301,876Net Income 2021: $9,9032021Revenue 2022: $338,739Expenses 2022: $374,199Net Income 2022: -$35,4602022Revenue 2023: $359,986Expenses 2023: $404,757Net Income 2023: -$44,7712023Revenue 2024: $129,203Expenses 2024: $113,705Net Income 2024: $15,4982024

Highlighted filing

2017

Revenue$196,207
Expenses$242,492
Net Income-$46,285
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Mar 5, 2018
Return Version
2016v3.0
Gross Receipts
$196,207
Mission and Program Overview

Mission

To mutually encourage and assist members in social, mental, and moral advancement as well as enable alumnae members of pi beta phi fraternity to continue in various membership roles.

Sorority house providing room and board for its members

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$233,893$245,329▲ $11,436
Cash and Non-Interest-Bearing Accounts$48,741$50,319▲ $1,578
Accounts Receivable-$962-
Prepaid Expenses and Deferred Charges-$686-
Total Assets$282,634$297,296▲ $14,662
Liabilities
Other Liabilities$62,447$123,394▲ $60,947
Total Liabilities$62,447$123,394▲ $60,947
Net Assets / Fund Balance
Unrestricted Net Assets$220,187$173,902▼ $46,285
Total Net Assets Fund Balance$220,187$173,902▼ $46,285
Total Liabilities and Net Assets / Fund Balance$282,634$297,296▲ $14,662

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$237,778$204,453$442,231
Buildings-$396,952$396,952
Equipment$7,551$6,340$13,891
Compensation and Service Providers

Board Members and Trustees

NameTitle
Wendy RidenourPresident
Carmen BurellSecretary
Anna CarrierTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$196,056
Investment Income
$0
Other Revenue
$151
Change in Net Assets
$-46,285
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$231,487
Salaries, Compensation, and Employee Benefits$11,005
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$199,058--$199,058
Depreciation Depletion$18,473--$18,473
Other Salaries and Wages$9,754--$9,754
Insurance$6,192--$6,192
Fees for Services Accounting-$3,163-$3,163
Interest$3,042--$3,042
Payroll Taxes$1,251--$1,251
Other Expenses$708--$708
Information Technology$371--$371
Fees for Services Other$265--$265
Office Expenses$215--$215
Total Functional Expenses$239,329$3,163$0$242,492
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Mvb Np Long Term$119,230
Mvb Np Current$4,164
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
Yes
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

This organization is composded of sorority members

Member election for additional members Part VI line 7A

The sorority engages in elections to decide on their governing body

Governing body decisions Part VI line 7B

All decisions by the governing body are approved by the members

Form 990 governing body review Part VI line 11

Form 990 was provided to the governing body for review and approval before it was filed.

Governing documents etc available to public Part VI line 19

The organization makes its governing documents and financial statements available to the public upon request

Filing and Contact Details

Filer

Filer Name
Pi Beta Phi Home Association Inc
EIN
55-0711974
Address
156 FOUNDRY STREET, MORGANTOWN, WV 26505

Signing Officer

Name
Anna Carrier
Title
Treasurer
Phone
3043760101
Signed
2018-03-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wendy Ridenour
Formed
1991
Legal Domicile
Wv
Voting Board Members
3
Independent Board Members
3
Employees
2
Volunteers
4

Preparer

Firm
Premier Tax Consulting LLC
Address
69 Clay Street Suite 101, Morgantown, WV 26501
Preparer
Danny Fink
Phone
3042904006
Supplemental Narrative

Additional Explanations

General explanation attachment

Form 990, part i line 6all the officers are volunteers. The additional volunteers support the management of the soroity house.

Raw XML Appendix304 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.236.134.4
ReturnHeader/FilingSecurityInformation/IPDt02018-03-05
ReturnHeader/FilingSecurityInformation/IPTm016:36:28
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0300868355
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Premier Tax Consulting LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt069 Clay Street Suite 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Morgantown
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd026501
ReturnHeader/PreparerPersonGrp/PhoneNum03042904006
ReturnHeader/PreparerPersonGrp/PreparationDt02018-03-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Danny Fink
ReturnHeader/ReturnTs02018-03-05T12:34:49-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-09-01
ReturnHeader/TaxPeriodEndDt02017-08-31
ReturnHeader/TaxYr02016

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.22$1.11$0.11$0.13$0.11$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.22$1.13$0.09$0.36$0.40$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.28$1.14$0.14$0.34$0.37$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.14$0.96$0.18$0.31$0.30$0.01
2020Summary only. Only limited summary data is available for this year.$0.36$0.20$0.16$0.29$0.32$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.37$0.17$0.20$0.17$0.17$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.37$0.20$0.18$0.24$0.23$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.30$0.12$0.17$0.20$0.24$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.28$0.06$0.22$0.14$0.13$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.28$0.07$0.21$0.08$0.10$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.30$0.07$0.23$0.07$0.11$0.03
2013Summary only. Only limited summary data is available for this year.$0.34$0.08$0.26$0.12$0.10$0.02
2012Summary only. Only limited summary data is available for this year.$0.34$0.09$0.25$0.10$0.12$0.02
2011Summary only. Only limited summary data is available for this year.$0.37$0.10$0.27$0.09$0.12$0.04