Civic Intelligence

Chi Phi Fraternity Inc

EIN 58-0191430 • 501(c)7 • Roswell, GA

Profile

To build better men through lifelong friendships, leadership opportunities, and character development.

885 Woodstock Rd Suite 430 Pmb 389Roswell, GA 30075

www.chiphi.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

45th percentile

0.11x

Higher debt load relative to assets than 45% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

40th percentile

0.13x

Higher debt load relative to revenue than 40% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2023

Net Margin

63rd percentile

10%

Higher net margin than 63% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

78th percentile

9.7%

Faster asset growth than 78% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

62nd percentile

9.2%

Faster revenue growth than 62% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$2,191,438

Up $174,671 (+8.7%) from 2023

Liabilities

Down

$187,698

Down $38,437 (-17%) from 2023

Net Assets

Up

$2,003,740

Up $213,108 (+12%) from 2023

Revenue

Up

$1,781,315

Up $54,486 (+3.2%) from 2023

Expenses

Up

$1,674,720

Up $124,136 (+8.0%) from 2023

Net Income

Down

$106,595

Down $69,650 (-40%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2011: $881,013Liabilities 2011: $157,107Net Assets 2011: $723,9062011Assets 2012: $988,505Liabilities 2012: $127,990Net Assets 2012: $860,5152012Assets 2013: $1,126,267Liabilities 2013: $87,739Net Assets 2013: $1,038,5282013Assets 2014: $1,291,280Liabilities 2014: $107,944Net Assets 2014: $1,183,3362014Assets 2015: $1,234,352Liabilities 2015: $69,681Net Assets 2015: $1,164,6712015Assets 2016: $1,377,348Liabilities 2016: $129,326Net Assets 2016: $1,248,0222016Assets 2017: $1,313,277Liabilities 2017: $112,886Net Assets 2017: $1,200,3912017Assets 2018: $1,284,062Liabilities 2018: $86,906Net Assets 2018: $1,197,1562018Assets 2019: $1,403,073Liabilities 2019: $198,738Net Assets 2019: $1,204,3352019Assets 2020: $1,295,502Liabilities 2020: $100,290Net Assets 2020: $1,195,2122020Assets 2021: $1,700,100Liabilities 2021: $220,302Net Assets 2021: $1,479,7982021Assets 2022: $1,837,605Liabilities 2022: $215,311Net Assets 2022: $1,622,2942022Assets 2023: $2,016,767Liabilities 2023: $226,135Net Assets 2023: $1,790,6322023Assets 2024: $2,191,438Liabilities 2024: $187,698Net Assets 2024: $2,003,7402024

Highlighted filing

2024

Assets$2,191,438
Liabilities$187,698
Net Assets$2,003,740

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,132,401Expenses 2011: $1,142,222Net Income 2011: -$9,8212011Revenue 2012: $1,154,693Expenses 2012: $1,011,277Net Income 2012: $143,4162012Revenue 2013: $1,193,192Expenses 2013: $1,021,284Net Income 2013: $171,9082013Revenue 2014: $1,290,844Expenses 2014: $1,187,774Net Income 2014: $103,0702014Revenue 2015: $1,396,495Expenses 2015: $1,405,345Net Income 2015: -$8,8502015Revenue 2016: $1,482,048Expenses 2016: $1,379,809Net Income 2016: $102,2392016Revenue 2017: $1,547,430Expenses 2017: $1,614,227Net Income 2017: -$66,7972017Revenue 2018: $1,722,898Expenses 2018: $1,717,433Net Income 2018: $5,4652018Revenue 2019: $1,855,307Expenses 2019: $1,864,746Net Income 2019: -$9,4392019Revenue 2020: $1,710,972Expenses 2020: $1,702,385Net Income 2020: $8,5872020Revenue 2021: $1,353,690Expenses 2021: $1,157,720Net Income 2021: $195,9702021Revenue 2022: $1,581,919Expenses 2022: $1,357,759Net Income 2022: $224,1602022Revenue 2023: $1,726,829Expenses 2023: $1,550,584Net Income 2023: $176,2452023Revenue 2024: $1,781,315Expenses 2024: $1,674,720Net Income 2024: $106,5952024

Highlighted filing

2024

Revenue$1,781,315
Expenses$1,674,720
Net Income$106,595

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.19$0.19$2.00$1.78$1.67$0.11
2023Detailed filing. Detailed filing data is available for this year.$2.02$0.23$1.79$1.73$1.55$0.18
2022Detailed filing. Detailed filing data is available for this year.$1.84$0.22$1.62$1.58$1.36$0.22
2021Detailed filing. Detailed filing data is available for this year.$1.70$0.22$1.48$1.35$1.16$0.20
2020Detailed filing. Detailed filing data is available for this year.$1.30$0.10$1.20$1.71$1.70$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.40$0.20$1.20$1.86$1.86$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.28$0.09$1.20$1.72$1.72$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.31$0.11$1.20$1.55$1.61$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.38$0.13$1.25$1.48$1.38$0.10
2015Detailed filing. Detailed filing data is available for this year.$1.23$0.07$1.16$1.40$1.41$0.01
2014Summary only. Only limited summary data is available for this year.$1.29$0.11$1.18$1.29$1.19$0.10
2013Summary only. Only limited summary data is available for this year.$1.13$0.09$1.04$1.19$1.02$0.17
2012Summary only. Only limited summary data is available for this year.$0.99$0.13$0.86$1.15$1.01$0.14
2011Summary only. Only limited summary data is available for this year.$0.88$0.16$0.72$1.13$1.14$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 13, 2025
Return Version
2023v6.0
Gross Receipts
$1,797,619
Mission and Program Overview

Mission

To build better men through lifelong friendships, leadership opportunities, and character development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$607,582$743,205▲ $135,623
Savings and Temporary Cash Investments$465,881$455,038▼ $10,843
Cash and Non-Interest-Bearing Accounts$428,919$402,634▼ $26,285
Accounts Receivable$141,514$191,250▲ $49,736
Prepaid Expenses and Deferred Charges$102,271$97,217▼ $5,054
Investments Other Securities$87,877--
Inventories for Sale or Use$41,520$45,252▲ $3,732
Land, Buildings, and Equipment, Net$14,546$13,674▼ $872
Total Assets$2,016,767$2,191,438▲ $174,671
Other Assets Total$126,657$243,168▲ $116,511
Liabilities
Accounts Payable and Accrued Expenses$108,720$96,633▼ $12,087
Deferred Revenue$117,415$91,065▼ $26,350
Total Liabilities$226,135$187,698▼ $38,437
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,790,632$2,003,740▲ $213,108
Total Net Assets Fund Balance$1,790,632$2,003,740▲ $213,108
Total Liabilities and Net Assets / Fund Balance$2,016,767$2,191,438▲ $174,671

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$13,674$14,191$27,865
Other Assets Org$64,672--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michael AzarianExecutive DirectorFT$153,413$153,413
Barbre BerrisAssociate Executive DirectorFT$101,200$101,200

Board Members and Trustees

NameTitle
Kevin BarnesAlumni Development and Eng
Steven HopkinsGrand Alpha
Alan AbelsGrand Beta
David EbnerGrand Delta
Dan CoutcherGrand Epsilon
John ChristianGrand Eta
Mark LarueGrand Gamma
Greg SharafinskiGrand Iota
Brad ThomasGrand Theta
Matt SchellerGrand Zeta
Christian SuttonHeritage & Traditions Coun
Steven ArentzMember at Large
Tommy HayesMember at Large
Parke PresnellScholastic Counselor
Michael DavisWellness Counselor
Revenue and Support

Revenue Composition

Contributions and Grants
$219,520
Program Service Revenue
$1,414,547
Investment Income
$21,386
Other Revenue
$125,862
Change in Net Assets
$106,595

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,781,315
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$58,110
Total Revenue per Audited Statements
$1,839,425
Total Revenue per Form 990
$1,781,315
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$918,325
Salaries, Compensation, and Employee Benefits$756,395
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$342,547$156,647-$499,194
Insurance$239,859--$239,859
All Other Expenses$159,834$24,138-$183,972
Current Officers, Directors, Trustees, and Key Employees$105,272$48,141-$153,413
Conferences and Meetings$115,313--$115,313
Other Expenses$59,797--$59,797
Other Employee Benefits$35,905$16,419-$52,324
Payroll Taxes$35,314$16,150-$51,464
Fees for Services Legal$7,028$19,168-$26,196
Office Expenses$16,854$7,228-$24,082
Fees for Services Other$3,396$9,261-$12,657
Fees for Services Accounting-$10,232-$10,232
Depreciation Depletion$7,429$2,477-$9,906
Information Technology$3,371$2,543-$5,914
Fees for Service Investment Mgmnt Fees-$5,483-$5,483
Occupancy$3,861$1,287-$5,148
Total Functional Expenses$1,355,546$319,174$0$1,674,720

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,674,720
Total Expenses per Audited Statements$1,674,720
Total Expenses per Form 990$1,674,720
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization membership includes current fraternity brothers and alumni.

Form 990, Part VI, Section A, Line 7A

The chi phi congress is the supreme governing body of chi phi fraternity. It is composed of two voting delegates from each active chapter, one voting delegate from each alumni association and one non-voting delegate from each alumni club. Congress meets annually, conducts its own business, and elects its own officers.

Form 990, Part VI, Section A, Line 7B

Changes in member fees and annual budget must be approved at the chi phi congress annual meeting.

Form 990, Part VI, Section B, Line 11B

After a draft version of the form 990 has been prepared, the draft is sent to the grand council. Members discuss any issues or concerns they may have with the draft form 990. Once approved, the preparer is notified and authorized to prepare the final version of the form 990. The final form 990 is signed by an officer and filed with the irs.

Form 990, Part VI, Section B, Line 12C

Grand council members must complete the conflict of interest form annually acknowledging that no conflicts of interest exist. The fraternity acts appropriately when a conflict is identified by any member of the grand council.

Form 990, Part VI, Section B, Line 15

The executive director has an annual review and a comparison of similar compensation is performed by the compensation committee. Compensation of the executive director is determined by majority vote of the grand council. Compensation of executive directors of organizations similar in size and activities is used in determining compensation. Performance of the executive director is also considered in determining annual compensation. The executive director determines appropriate compensation for other staff members.

Form 990, Part VI, Section C, Line 19

This information is made available on the organizaton's website.

Filing and Contact Details

Filer

Filer Name
Chi Phi Fraternity Inc
EIN
58-0191430
Phone
4042311824
Address
885 WOODSTOCK RD SUITE 430 PMB 389, ROSWELL, GA 30075

Signing Officer

Name
Michael J Azarian
Title
Executive Director
Phone
4042311824
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael J Azarian
Formed
1824
Legal Domicile
Ga
Voting Board Members
10
Independent Board Members
9
Employees
15
Volunteers
0

Preparer

Firm
Cri Advisors LLC
Address
4004 SUMMIT BLVD NE SUITE 800, ATLANTA, GA 30319
Preparer
Tiffany T Orr CPA
Phone
7703948000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Chapter & colony visitation: program service expenses 47,589. Management and general expenses 0. Fundraising expenses 0. Total expenses 47,589. Promotional materials: program service expenses 22,712. Management and general expenses 0. Fundraising expenses 0. Total expenses 22,712. Staff development: program service expenses 22,367. Management and general expenses 0. Fundraising expenses 0. Total expenses 22,367. Chronicles project: program service expenses 21,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 21,000. Bad debt expense: program service expenses 0. Management and general expenses 20,926. Fundraising expenses 0. Total expenses 20,926. Miscellaneous: program service expenses 9,635. Management and general expenses 3,212. Fundraising expenses 0. Total expenses 12,847. Prof meeting: program service expenses 12,568. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,568. Association dues: program service expenses 11,255. Management and general expenses 0. Fundraising expenses 0. Total expenses 11,255. Chakett: program service expenses 7,272. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,272. Alumni development: program service expenses 5,436. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,436.

Financial Statement Notes

PART III, LINE 4:

The fraternity maintains collections of artifacts of historical significance to the fraternity but they are not recognized as assets in the financial statements.

PART X, LINE 2:

Under section 501(c)(7) of the internal revenue code (irc), chi phi fraternity, inc. Is exempt from taxes on income other than unrelated business income. Chi phi building fund, inc. Is a wholly-owned subsidiary which is also recognized as an organization exempt from federal income tax under the irc. The fraternity utilizes the accounting requirements associated with uncertainty in income taxes using the provisions of financial accounting standards board (fasb) asc 740, income taxes. Using that guidance, tax positions initially need to be recognized in the financial statements when it is more-likely-than-not the positions will be sustained upon examination by the tax authorities. It also provides guidance for derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. As of june 30, 2024 and 2023, the fraternity has no uncertain tax positions that qualify for recognition or disclosure in the financial statements.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15153413
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16101200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0GRAND BETA
IRS990/Form990PartVIISectionAGrp/TitleTxt1GRAND THETA
IRS990/Form990PartVIISectionAGrp/TitleTxt2SCHOLASTIC COUNSELOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt4GRAND EPSILON
IRS990/Form990PartVIISectionAGrp/TitleTxt5GRAND DELTA
IRS990/Form990PartVIISectionAGrp/TitleTxt6GRAND IOTA
IRS990/Form990PartVIISectionAGrp/TitleTxt7GRAND ETA
IRS990/Form990PartVIISectionAGrp/TitleTxt8ALUMNI DEVELOPMENT AND ENG
IRS990/Form990PartVIISectionAGrp/TitleTxt9GRAND GAMMA
IRS990/Form990PartVIISectionAGrp/TitleTxt10GRAND ZETA
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt12HERITAGE & TRADITIONS COUN
IRS990/Form990PartVIISectionAGrp/TitleTxt13GRAND ALPHA
IRS990/Form990PartVIISectionAGrp/TitleTxt14WELLNESS COUNSELOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16ASSOCIATE EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01824
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-16204
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0100
IRS990/GrossReceiptsAmt01797619
IRS990/GrossReceiptsForPublicUseAmt00
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02543
IRS990/InformationTechnologyGrp/ProgramServicesAmt03371
IRS990/InformationTechnologyGrp/TotalAmt05914
IRS990/InitiationFeesAndCapContriAmt0242290
IRS990/InsuranceGrp/ProgramServicesAmt0239859
IRS990/InsuranceGrp/TotalAmt0239859
IRS990/InventoriesForSaleOrUseGrp/BOYAmt041520
IRS990/InventoriesForSaleOrUseGrp/EOYAmt045252
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt037590
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt037590
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt087877
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0607582
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0743205
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt014191
IRS990/LandBldgEquipBasisNetGrp/BOYAmt014546
IRS990/LandBldgEquipBasisNetGrp/EOYAmt013674
IRS990/LandBldgEquipCostOrOtherBssAmt027865
IRS990/LegalDomicileStateCd0GA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt016304
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO BUILD BETTER MEN THROUGH LIFELONG FRIENDSHIPS, LEADERSHIP OPPORTUNITIES, AND CHARACTER DEVELOPMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01790632
IRS990/NetAssetsOrFundBalancesEOYAmt02003740
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-16204
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt0-16204
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt058110
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01790632
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02003740
IRS990/NondeductibleContributionsInd01
IRS990/NondeductibleContriDisclInd01
IRS990/OccupancyGrp/ManagementAndGeneralAmt01287
IRS990/OccupancyGrp/ProgramServicesAmt03861
IRS990/OccupancyGrp/TotalAmt05148
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07228
IRS990/OfficeExpensesGrp/ProgramServicesAmt016854
IRS990/OfficeExpensesGrp/TotalAmt024082
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0126657
IRS990/OtherAssetsTotalGrp/EOYAmt0243168
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt016419
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt035905
IRS990/OtherEmployeeBenefitsGrp/TotalAmt052324
IRS990/OtherExpensesGrp/Desc0EXPANSION
IRS990/OtherExpensesGrp/Desc1JEWELRY, CERTIFICATES A
IRS990/OtherExpensesGrp/Desc2ALPHAS ACADEMY
IRS990/OtherExpensesGrp/Desc3REGIONAL PROGRAM DONATI
IRS990/OtherExpensesGrp/ProgramServicesAmt085810
IRS990/OtherExpensesGrp/ProgramServicesAmt172952
IRS990/OtherExpensesGrp/ProgramServicesAmt261004
IRS990/OtherExpensesGrp/ProgramServicesAmt359797
IRS990/OtherExpensesGrp/TotalAmt085810
IRS990/OtherExpensesGrp/TotalAmt172952
IRS990/OtherExpensesGrp/TotalAmt261004
IRS990/OtherExpensesGrp/TotalAmt359797
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1541900
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/Desc1ADMIN SERVICE AGREEMEN
IRS990/OtherRevenueMiscGrp/Desc2COLONIZATION REIMBURSE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt043269
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt130000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt043269
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt135978
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt230000
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt035978
IRS990/OtherRevenueTotalAmt0109247
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0156647
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0342547
IRS990/OtherSalariesAndWagesGrp/TotalAmt0499194
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt016150
IRS990/PayrollTaxesGrp/ProgramServicesAmt035314
IRS990/PayrollTaxesGrp/TotalAmt051464
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0102271
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt097217
IRS990/PrincipalOfficerNm0MICHAEL J AZARIAN
IRS990/PriorPeriodAdjustmentsAmt048403
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1524298
IRS990/ProgramServiceRevenueGrp/Desc0ALUMNI AND CHAPTER INC
IRS990/ProgramServiceRevenueGrp/Desc1INSURANCE PREMIUMS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0897688
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1516859
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0897688
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1516859
IRS990/ProgSrvcAccomActy2Grp/Desc0SPONSORS GROUP LIABILITY INSURANCE PROGRAM FOR ALL CHAPTERS AND PROVIDES PROGRAMS TO EDUCATE MEMBERS REGARDING RISK MANAGEMENT AND COMPLIANCE WITH THE FRATERNITY'S RISK MANAGEMENT POLICY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0381409
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0516859
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt073269
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0190020
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt030075
IRS990/PYOtherExpensesAmt0839166
IRS990/PYOtherRevenueAmt0171640
IRS990/PYProgramServiceRevenueAmt01335094
IRS990/PYRevenuesLessExpensesAmt0176245
IRS990/PYSalariesCompEmpBnftPaidAmt0711418
IRS990/PYTotalExpensesAmt01550584
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01726829
IRS990/ReconcilationRevenueExpnssAmt0106595
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RelatedOrganizationsAmt0219520
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0897688
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt016615
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt016615
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0465881
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0455038
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt013674
IRS990ScheduleD/EquipmentGrp/DepreciationAmt014191
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt027865
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01674720
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt058110
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0178496
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt164672
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM CHI PHI EDUCATIONAL TRUST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEPOSIT - FRATERNITY RISK MANANGEMENT TRUST
IRS990ScheduleD/RevenueNotReportedAmt058110
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01781315
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FRATERNITY MAINTAINS COLLECTIONS OF ARTIFACTS OF HISTORICAL SIGNIFICANCE TO THE FRATERNITY BUT THEY ARE NOT RECOGNIZED AS ASSETS IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE (IRC), CHI PHI FRATERNITY, INC. IS EXEMPT FROM TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. CHI PHI BUILDING FUND, INC. IS A WHOLLY-OWNED SUBSIDIARY WHICH IS ALSO RECOGNIZED AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER THE IRC. THE FRATERNITY UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF JUNE 30, 2024 AND 2023, THE FRATERNITY HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013674
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0243168
IRS990ScheduleD/TotalExpensesPerForm990Amt01674720
IRS990ScheduleD/TotalRevenuePerForm990Amt01781315
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01839425
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01674720
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01

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