Liabilities / Assets
54th percentile
Tied with the lowest-debt nonprofits in its peer group.
Omega Psi Phi Fraternity Inc Psi Phi Chapter
990EZ • Fiscal year 2023 • EIN 56-6083703
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
54th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
38th percentile
Higher net margin than 38% of similar nonprofits.
Top Officer Pay
93rd percentile
Higher top officer pay than 93% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
69th percentile
Faster asset growth than 69% of similar nonprofits.
Revenue Growth
46th percentile
Faster revenue growth than 46% of similar nonprofits.
Balance Sheet
Assets
Up$90,238
Up $7,953 (+9.7%) from 2022
Net Assets
Up$90,238
Up $7,953 (+9.7%) from 2022
Liabilities
Flat$0
Flat from 2022
Revenue And Expenses
Revenue
Up$73,878
Up $2,341 (+3.3%) from 2022
Expenses
Up$74,885
Up $28,507 (+61%) from 2022
Net Income
Down-$1,007
Down $26,166 (-104%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Nov 1, 2022 to Oct 31, 2023
- Signed
- Mar 1, 2024
- Return Version
- 2022v5.0
- Gross Receipts
- $73,878
Mission and Program Overview
Mission
To serve the community of winston salem
To serve the winston salem community
Program Services
| Description | Grants | Expenses |
|---|---|---|
| COLLEGE SCHLARSHIPS TO YOUNG PEOPLE | $6,243 | - |
| SOCIAL ACTION IN THE COMMUNITY | $6,175 | - |
| ACHIEVEMENT WEEK | $5,033 | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| CARLOS ROSEBORO | Basileuspresident | - | $0 | - | - |
| RICHARD WATKINS | Vice Basileus | - | $0 | - | - |
| JOSEPH BUINTON | Keeper Of Finance | - | $0 | - | - |
| RICHARD ROUNDTREE | Keeper Of Records | - | $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 Basileusp
- Phone
- 3364736858
- Signed
- 2024-03-01
- 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 AmountFUND RAISING 3,332GOLF TOURNMENT 24,918WFU FUNDING RAISING 7,291MSP 810SOCIAL 260COOKOUT 2,380”
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 5,033Activity COLLEGE ENDOWMENT FUND Grantee WINSTON SALEM URBAN LEAGUE Street 4th STREET City, State, Zip Winston Salem, NC 27104Relationship NONE Amount 515Activity COLLEGE SCHLARSHIPS Grantee VARIOUS YOUNG MEN AND WOMEN Street 1 SOUTH MAIN STREET City, State, Zip Winston Salem, NC 27104Relationship NONE Amount 6,243Activity SOCIAL ACTION IN THE COMMUNITY Grantee VARIOUS Street 1 SOUTH MAIN STREET City, State, Zip Winston Salem, NC 27104Relationship NONE Amount 6,175Activity TALENT HUNT IN THE COMMUNITY Grantee VARIOUS Street 1 SOUTH MAIN STREET City, State, Zip Winston Salem, NC 27104Relationship NONE Amount 1,050”
Description of other expenses Part I line 16
“Description AmountAMENITIES 227CHAPTER INSURANCE 1,339CONCLAVE LEADERSHIP 999COOKOUT COSTS 2,438GOLF TOURNMENT COSTS 20,199NATIONAL DUES 7,984DISTRICT DUES 2,730HOSPITALITY 2,071PAN HELLENIC COUNCIL 529COUNCIL DISTRICT MEETINGS 300PUBLIC RELATIONS 181KRS DUES 125OTHER EXPENSES 325”
Raw XML Appendix126 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | RICHARD WATKINS |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3364736858 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | P O BOX 21271 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Winston Salem |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 271201271 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 91245 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 90238 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -1007 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 650 |
| IRS990EZ/FiledScheduleAInd | 0 | false |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 91245 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 90238 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 19016 |
| IRS990EZ/GrossReceiptsAmt | 0 | 73878 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/GroupExemptionNum | 0 | 1205 |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 373 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 34514 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 91245 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 90238 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 91245 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 90238 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 15772 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | CARLOS ROSEBORO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | RICHARD WATKINS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JOSEPH BUINTON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | RICHARD ROUNDTREE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | BASILEUSPRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE BASILEUS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | KEEPER OF FINANCE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | KEEPER OF RECORDS |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 39447 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 38991 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO SERVE THE WINSTON SALEM COMMUNITY |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | COLLEGE SCHLARSHIPS TO YOUNG PEOPLE |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | SOCIAL ACTION IN THE COMMUNITY |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | ACHIEVEMENT WEEK |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 6243 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 6175 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 5033 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 74885 |
| IRS990EZ/TotalRevenueAmt | 0 | 73878 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.OOPF.ORG |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description AmountFUND RAISING 3,332GOLF TOURNMENT 24,918WFU FUNDING RAISING 7,291MSP 810SOCIAL 260COOKOUT 2,380 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Activity ACHIEVEMENT WEEK Grantee VARIOUS Street 1 SOUTH MAIN STREET City, State, Zip Winston Salem, NC 27120-1271Relationship NONE Amount 5,033Activity COLLEGE ENDOWMENT FUND Grantee WINSTON SALEM URBAN LEAGUE Street 4th STREET City, State, Zip Winston Salem, NC 27104Relationship NONE Amount 515Activity COLLEGE SCHLARSHIPS Grantee VARIOUS YOUNG MEN AND WOMEN Street 1 SOUTH MAIN STREET City, State, Zip Winston Salem, NC 27104Relationship NONE Amount 6,243Activity SOCIAL ACTION IN THE COMMUNITY Grantee VARIOUS Street 1 SOUTH MAIN STREET City, State, Zip Winston Salem, NC 27104Relationship NONE Amount 6,175Activity TALENT HUNT IN THE COMMUNITY Grantee VARIOUS Street 1 SOUTH MAIN STREET City, State, Zip Winston Salem, NC 27104Relationship NONE Amount 1,050 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description AmountAMENITIES 227CHAPTER INSURANCE 1,339CONCLAVE LEADERSHIP 999COOKOUT COSTS 2,438GOLF TOURNMENT COSTS 20,199NATIONAL DUES 7,984DISTRICT DUES 2,730HOSPITALITY 2,071PAN HELLENIC COUNCIL 529COUNCIL DISTRICT MEETINGS 300PUBLIC RELATIONS 181KRS DUES 125OTHER EXPENSES 325 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Description of other revenue Part I line 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | List of grants and similar amounts paid Part I line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of other expenses Part I line 16 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL2 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 00 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | RICHARD WATKINS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | VICE BASILEUSP |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3364736858 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-03-01 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | OMEGA PSI PHI FRATERNITY INC PSI PHI CHAPTER |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | OMEG |
| ReturnHeader/Filer/EIN | 0 | 566083703 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | P O BOX 21271 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Winston Salem |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 271201271 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 561927170 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Westend Associates Inc |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 116 Lowes Foods Drive Suite 190 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Lewisville |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 27023 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3364990911 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-06-17 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Joseph L Dickson |
| ReturnHeader/ReturnTs | 0 | 2024-06-17T14:33:12-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | RICHARD |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | WATKINS |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-11-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-10-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $90,238
- Liabilities
- $0
- Net assets
- $90,238
- Revenue
- $73,878
- Expenses
- $74,885
- Net income
- -$1,007