Civic Intelligence

Omega Psi Phi Fraternity Inc Psi Phi Chapter

990EZ • Fiscal year 2022 • EIN 56-6083703

Nov 01, 2021 to Oct 31, 2022 • Filed on Mar 01, 2023

P O Box 21271Winston Salem, NC 27120-1271

(336) 473-6858

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

92nd percentile

35%

Higher net margin than 92% 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

59th percentile

4.4%

Faster asset growth than 59% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Annualized from 2020 to 2022

Revenue Growth

61st percentile

22%

Faster revenue growth than 61% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Annualized from 2020 to 2022

Assets

Up

$82,285

Up $6,769 (+9.0%) from 2020

Net Assets

$82,285

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$71,537

Up $23,341 (+48%) from 2020

Expenses

Down

$46,378

Down $461 (-1.0%) from 2020

Net Income

Up

$25,159

Up $23,802 (+1754%) from 2020

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $58,253Liabilities 2011: $02011Assets 2012: $52,281Liabilities 2012: $02012Assets 2013: $55,914Liabilities 2013: $02013Assets 2014: $56,109Liabilities 2014: $02014Assets 2015: $54,562Liabilities 2015: $02015Assets 2016: $51,985Liabilities 2016: $02016Assets 2017: $60,430Liabilities 2017: $02017Assets 2018: $71,447Liabilities 2018: $02018Assets 2019: $74,159Liabilities 2019: $02019Assets 2020: $75,516Liabilities 2020: $02020Assets 2022: $82,285Liabilities 2022: $0Net Assets 2022: $82,2852022Assets 2023: $90,238Liabilities 2023: $0Net Assets 2023: $90,2382023Assets 2024: $103,038Liabilities 2024: $0Net Assets 2024: $103,0382024

Highlighted filing

2022

Assets$82,285
Liabilities$0
Net Assets$82,285

Operations Trend

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

$100K$50K$0-$50KRevenue 2011: $55,377Expenses 2011: $56,741Net Income 2011: -$1,3642011Revenue 2012: $57,432Expenses 2012: $63,404Net Income 2012: -$5,9722012Revenue 2013: $47,798Expenses 2013: $44,165Net Income 2013: $3,6332013Revenue 2014: $47,603Expenses 2014: $43,389Net Income 2014: $4,2142014Revenue 2015: $84,820Expenses 2015: $86,367Net Income 2015: -$1,5472015Revenue 2016: $44,234Expenses 2016: $46,811Net Income 2016: -$2,5772016Revenue 2017: $50,739Expenses 2017: $42,294Net Income 2017: $8,4452017Revenue 2018: $58,906Expenses 2018: $47,889Net Income 2018: $11,0172018Revenue 2019: $49,625Expenses 2019: $46,913Net Income 2019: $2,7122019Revenue 2020: $48,196Expenses 2020: $46,839Net Income 2020: $1,3572020Revenue 2022: $71,537Expenses 2022: $46,378Net Income 2022: $25,1592022Revenue 2023: $73,878Expenses 2023: $74,885Net Income 2023: -$1,0072023Revenue 2024: $75,096Expenses 2024: $72,131Net Income 2024: $2,9652024

Highlighted filing

2022

Revenue$71,537
Expenses$46,378
Net Income$25,159
Jump To
Filing Snapshot
Filing Period
Nov 1, 2021 to Oct 31, 2022
Signed
Mar 1, 2023
Return Version
2021v4.2
Gross Receipts
$71,537
Mission and Program Overview

Mission

To serve the community of winston salem

Provide community service by members

Program Services

DescriptionGrantsExpenses
SCHOLARSHIPS TO HIGH SCHOOL GRADUATES$5,200-
SOCIAL ACTIONS$2,521-
ACHIEVEMENT WEEK$951-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CARLOS ROSEBOROBasileus President-$0--
RICHARD WATKINSVice Basileus Finance-$0--
BARRY ROUNDTREEKeeper Of Records Sec-$0--
MURRAY MILLERKeeper Of Finance-$0--
Filing and Contact Details

Filer

Filer Name
Omega Psi Phi Fraternity Inc Psi Phi Chapter
EIN
56-6083703
Address
P O BOX 21271, Winston Salem, NC 27120-1271

Signing Officer

Name
Richard Watkins
Title
Vice President
Phone
3364736858
Signed
2023-03-01
Discuss with paid preparer
Yes

Preparer

Firm
Westend Associates Inc
Address
116 Lowes Foods Drive Suite 190, Lewisville, NC 27023
Preparer
Joseph L Dickson
Phone
3364990911
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

Description AmountCARRY OVER FROM PREVIOUS YEAR 4,607

List of grants and similar amounts paid Part I line 10

Activity ACHIEVEMENT WEEK Grantee VARIOUS Street 1 SOUTH MAIN STREET City, State, Zip Winston Salem, NC 27120-1271Relationship NONE Amount 951Activity COLLEGE ENDOWMENT Grantee WINSTON SALEM URBAN LEAGUE Street 4th STREET City, State, Zip Winston Salem, NC 27104Relationship NONE Amount 500Activity SCHOLARSHIPS HIGH SCHOOL GRADUATES Grantee VARIOUS YOUNG MEN AND WOMEN Street 1 SOUTH MAIN STREET City, State, Zip Winston Salem, NC 27120-1271Relationship NONE Amount 5,200Activity SOCIAL ACTION Grantee VARIOUS Street 1 SOUTH MAIN STREET City, State, Zip Winston Salem, NC 27120-1271Activity SOCIAL ACTION Grantee VARIOUS Street 1 SOUTH MAIN STREET City, State, Zip Winston Salem, NC 27104Relationship NONE Amount 2,521

Description of other expenses Part I line 16

Description AmountNATIONAL DUES 8,103DISTRICT DUES 2,280KRS DUES 130PAN HELLENIC COUNCIL 225DISTRICT TALENT HUNT ASSESSMENTS 200AMENITIES 429CONCLAVE LEADERSHIP 800PUBLIC RELATIONS 476OPERATION OTHER 941INSURANCE 1,300

Raw XML Appendix127 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0RICHARD WATKINS
IRS990EZ/BooksInCareOfDetail/PhoneNum03364736858
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0P O BOX 21271
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Winston Salem
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0271201271
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt057126
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt082285
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt032877
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt025159
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt08322
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt057126
IRS990EZ/Form990TotalAssetsGrp/EOYAmt082285
IRS990EZ/GrantsAndSimilarAmountsPaidAmt09172
IRS990EZ/GrossReceiptsAmt071537
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/GroupExemptionNum01205
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt034053
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt057126
IRS990EZ/NetAssetsOrFundBalancesEOYAmt082285
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt057126
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt082285
IRS990EZ/OccupancyRentUtltsAndMaintAmt014000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CARLOS ROSEBORO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RICHARD WATKINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BARRY ROUNDTREE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MURRAY MILLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BASILEUS PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE BASILEUS FINANCE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2KEEPER OF RECORDS SEC
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3KEEPER OF FINANCE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt014884
IRS990EZ/OtherRevenueTotalAmt04607
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE COMMUNITY SERVICE BY MEMBERS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SCHOLARSHIPS TO HIGH SCHOOL GRADUATES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1SOCIAL ACTIONS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2ACHIEVEMENT WEEK
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt05200
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt12521
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt2951
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt046378
IRS990EZ/TotalRevenueAmt071537
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.OOPF.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountCARRY OVER FROM PREVIOUS YEAR 4,607
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Activity ACHIEVEMENT WEEK Grantee VARIOUS Street 1 SOUTH MAIN STREET City, State, Zip Winston Salem, NC 27120-1271Relationship NONE Amount 951Activity COLLEGE ENDOWMENT Grantee WINSTON SALEM URBAN LEAGUE Street 4th STREET City, State, Zip Winston Salem, NC 27104Relationship NONE Amount 500Activity SCHOLARSHIPS HIGH SCHOOL GRADUATES Grantee VARIOUS YOUNG MEN AND WOMEN Street 1 SOUTH MAIN STREET City, State, Zip Winston Salem, NC 27120-1271Relationship NONE Amount 5,200Activity SOCIAL ACTION Grantee VARIOUS Street 1 SOUTH MAIN STREET City, State, Zip Winston Salem, NC 27120-1271Activity SOCIAL ACTION Grantee VARIOUS Street 1 SOUTH MAIN STREET City, State, Zip Winston Salem, NC 27104Relationship NONE Amount 2,521
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description AmountNATIONAL DUES 8,103DISTRICT DUES 2,280KRS DUES 130PAN HELLENIC COUNCIL 225DISTRICT TALENT HUNT ASSESSMENTS 200AMENITIES 429CONCLAVE LEADERSHIP 800PUBLIC RELATIONS 476OPERATION OTHER 941INSURANCE 1,300
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other expenses Part I line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD WATKINS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03364736858
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OMEGA PSI PHI FRATERNITY INC PSI PHI CHAPTER
ReturnHeader/Filer/BusinessNameControlTxt0OMEG
ReturnHeader/Filer/EIN0566083703
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 21271
ReturnHeader/Filer/USAddress/CityNm0Winston Salem
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd0271201271
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561927170
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Westend Associates Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0116 Lowes Foods Drive Suite 190
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lewisville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027023
ReturnHeader/PreparerPersonGrp/PhoneNum03364990911
ReturnHeader/PreparerPersonGrp/PreparationDt02023-04-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Joseph L Dickson
ReturnHeader/ReturnTs02023-04-25T17:02:26-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RICHARD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WATKINS
ReturnHeader/TaxPeriodBeginDt02021-11-01
ReturnHeader/TaxPeriodEndDt02022-10-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings