Civic Intelligence

Phi Chi Medical Fraternity Inc

EIN 62-0482840 • 501(c)7 • Memphis, TN

Profile

We are a Medical Fraternity. For the 2017 year we provided housing for members as well as putting on dinners at no cost to members. We do not charge non-members.

623 Jefferson AvenueMemphis, TN 38105

phichimed.org

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

501(c)7 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

59th percentile

0.00x

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

501(c)7 • <$500k nonprofits • Source year 2019

Net Margin

1st percentile

-979%

Higher net margin than 1% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2019

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)7 • <$500k nonprofits • Source year 2019

Asset Growth

21st percentile

-20%

Faster asset growth than 21% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

10th percentile

-44%

Faster revenue growth than 10% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$53,661

Down $13,272 (-20%) from 2018

Liabilities

Flat

$0

Flat from 2018

Net Assets

Down

$53,661

Down $13,272 (-20%) from 2018

Operations
Liabilities / Revenue59th percentileNet Margin1st percentile

Revenue

Down

$1,356

Down $1,050 (-44%) from 2018

Expenses

Down

$14,628

Down $15,621 (-52%) from 2018

Net Income

Up

-$13,272

Up $14,571 (+52%) from 2018

Trend Graphs

Balance Sheet Trend

Asset Growth21st percentile

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

$100K$50K$0Assets 2010: $0Liabilities 2010: $0Net Assets 2010: $02010Assets 2011: $0Liabilities 2011: $0Net Assets 2011: $02011Assets 2013: $0Liabilities 2013: $0Net Assets 2013: $02013Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015Assets 2016: $1Liabilities 2016: $02016Assets 2017: $94,776Liabilities 2017: $0Net Assets 2017: $94,7762017Assets 2018: $66,933Liabilities 2018: $0Net Assets 2018: $66,9332018Assets 2019: $53,661Liabilities 2019: $0Net Assets 2019: $53,6612019

Highlighted filing

2019

Assets$53,661
Liabilities$0
Net Assets$53,661
Open 2019 Filing

Operations Trend

Revenue Growth10th percentile

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

$40K$20K$0-$20K-$40KRevenue 2010: $0Expenses 2010: $0Net Income 2010: $02010Revenue 2011: $0Expenses 2011: $0Net Income 2011: $02011Revenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $10,295Expenses 2017: $24,260Net Income 2017: -$13,9652017Revenue 2018: $2,406Expenses 2018: $30,249Net Income 2018: -$27,8432018Revenue 2019: $1,356Expenses 2019: $14,628Net Income 2019: -$13,2722019

Highlighted filing

2019

Revenue$1,356
Expenses$14,628
Net Income-$13,272
Open 2019 Filing

Filings

Most recent year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$53,661
Liabilities
$0
Net assets
$53,661
Revenue
$1,356
Expenses
$14,628
Net income
-$13,272
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$53.7$0.00$53.7$1.36$14.6$13.3
2018Detailed filing. Detailed filing data is available for this year.$66.9$0.00$66.9$2.41$30.2$27.8
2017Detailed filing. Detailed filing data is available for this year.$94.8$0.00$94.8$10.3$24.3$14.0
2016Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.00$0.00$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.00$0.00$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Signed
Jan 4, 2020
Return Version
2018v3.0
Gross Receipts
$1,356
Mission and Program Overview

Mission

We are a fraternity

We are a Medical Fraternity. For the 2017 year we provided housing for members as well as putting on dinners at no cost to members. We do not charge non-members.

Program Services

DescriptionGrantsExpenses
We are a social organization as a medical fraternity with a house that provides housing for members and dinners for members.--
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
William ScottTreasurer, Interim President-$0--
Filing and Contact Details

Filer

Filer Name
Phi Chi Medical Fraternity Inc
EIN
62-0482840
Phone
9013087442
Address
623 Jefferson Avenue, Memphis, TN 38105

Signing Officer

Name
Phi Chi House
Title
Treasurer
Phone
9013087442
Signed
2020-01-04
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

“Our Medical Fraternity offered small stipends of up to $120 to members for them to buy board study materials. During board prep periods a stipend of $15 per month was available to members in order to purchase a meal during their studies.”

Form 990-EZ, Part I, Line 16

“We are a Medical Co-ed fraternity that puts on social events for members in the forms of dinners or outings”

Raw XML Appendix107 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/AddressChangeInd0X
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0William Scott
IRS990EZ/BooksInCareOfDetail/PhoneNum09015699835
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0623 Jefferson Avenue
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Memphis
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd038105
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt066933
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt053661
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-13272
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt00
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt066933
IRS990EZ/Form990TotalAssetsGrp/EOYAmt053661
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt0860
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt0502
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt01356
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/GroupExemptionNum00222
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt0400
IRS990EZ/InvestmentIncomeAmt096
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt0400
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt066933
IRS990EZ/NetAssetsOrFundBalancesEOYAmt053661
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt066933
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt053661
IRS990EZ/OccupancyRentUtltsAndMaintAmt011463
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0William Scott
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Treasurer, Interim President
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt02663
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0We are a Medical Fraternity. For the 2017 year we provided housing for members as well as putting on dinners at no cost to members. We do not charge non-members.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0We are a social organization as a medical fraternity with a house that provides housing for members and dinners for members.
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt0860
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0TN
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt014628
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt01356
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0phichimed.org
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Our Medical Fraternity offered small stipends of up to $120 to members for them to buy board study materials. During board prep periods a stipend of $15 per month was available to members in order to purchase a meal during their studies.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1We are a Medical Co-ed fraternity that puts on social events for members in the forms of dinners or outings
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Phi Chi House
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum09013087442
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-01-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PHI CHI MEDICAL FRATERNITY INC
ReturnHeader/Filer/BusinessNameControlTxt0PHIC
ReturnHeader/Filer/EIN0620482840
ReturnHeader/Filer/PhoneNum09013087442
ReturnHeader/Filer/USAddress/AddressLine1Txt0623 Jefferson Avenue
ReturnHeader/Filer/USAddress/CityNm0Memphis
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd038105
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt075.64.215.173
ReturnHeader/ReturnTs02020-01-04T17:24:20-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-09-01
ReturnHeader/TaxPeriodEndDt02019-08-31
ReturnHeader/TaxYr02018

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