Civic Intelligence

Lambda Chi Alpha Gamma Rho Zeta

990 • Fiscal year 2016 • EIN 73-0583070

Aug 01, 2015 to Jul 31, 2016 • Filed on Mar 02, 2017

220 N Peters AvenueNorman, OK 73069

(405) 321-0244

Siviq Scores

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

Liabilities / Assets

94th percentile

0.93x

Higher debt load relative to assets than 94% of similar nonprofits.

2016 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

47th percentile

0.05x

Higher debt load relative to revenue than 47% of similar nonprofits.

2016 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2016

Net Margin

25th percentile

-3.0%

Higher net margin than 25% of similar nonprofits.

2016 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

95th percentile

$30,003

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

2016 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2016

Asset Growth

97th percentile

91%

Faster asset growth than 97% of similar nonprofits.

2016 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

36th percentile

-0.8%

Faster revenue growth than 36% of similar nonprofits.

2016 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$42,139

Up $20,046 (+91%) from 2015

Net Assets

Down

$3,093

Down $19,228 (-86%) from 2015

Liabilities

Up

$39,046

Up $39,274 (+17225%) from 2015

Revenue

Down

$714,695

Down $5,645 (-0.8%) from 2015

Expenses

Up

$736,112

Up $3,693 (+0.5%) from 2015

Net Income

Down

-$21,417

Down $9,338 (-77%) from 2015

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0-$50KAssets 2011: $89,431Liabilities 2011: $45,783Net Assets 2011: $43,6482011Assets 2012: $30,901Liabilities 2012: $76Net Assets 2012: $30,8252012Assets 2013: $110,624Liabilities 2013: $42Net Assets 2013: $110,5822013Assets 2014: $84,176Liabilities 2014: $67Net Assets 2014: $84,1092014Assets 2015: $22,093Liabilities 2015: -$228Net Assets 2015: $22,3212015Assets 2016: $42,139Liabilities 2016: $39,046Net Assets 2016: $3,0932016Assets 2017: $12,090Liabilities 2017: $12Net Assets 2017: $12,0782017Assets 2018: $44,698Liabilities 2018: $40,147Net Assets 2018: $4,5512018Assets 2019: $142,222Liabilities 2019: $0Net Assets 2019: $142,2222019Assets 2020: $189,847Liabilities 2020: $0Net Assets 2020: $189,8472020Assets 2021: $40,783Liabilities 2021: $0Net Assets 2021: $40,7832021Assets 2022: $24,041Liabilities 2022: $0Net Assets 2022: $24,0412022Assets 2023: $37,696Liabilities 2023: $0Net Assets 2023: $37,6962023Assets 2025: $16,728Liabilities 2025: $0Net Assets 2025: $16,7282025

Highlighted filing

2016

Assets$42,139
Liabilities$39,046
Net Assets$3,093

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $599,5122011Expenses 2012: $636,0572012Expenses 2013: $483,6022013Revenue 2014: $636,146Expenses 2014: $662,619Net Income 2014: -$26,4732014Revenue 2015: $720,340Expenses 2015: $732,419Net Income 2015: -$12,0792015Revenue 2016: $714,695Expenses 2016: $736,112Net Income 2016: -$21,4172016Revenue 2017: $707,666Expenses 2017: $698,681Net Income 2017: $8,9852017Revenue 2018: $721,050Expenses 2018: $728,576Net Income 2018: -$7,5262018Revenue 2019: $826,333Expenses 2019: $688,661Net Income 2019: $137,6722019Revenue 2020: $577,924Expenses 2020: $530,300Net Income 2020: $47,6242020Revenue 2021: $525,174Expenses 2021: $674,465Net Income 2021: -$149,2912021Revenue 2022: $880,030Expenses 2022: $896,933Net Income 2022: -$16,9032022Revenue 2023: $832,545Expenses 2023: $818,890Net Income 2023: $13,6552023Revenue 2025: $919,440Expenses 2025: $901,524Net Income 2025: $17,9162025

Highlighted filing

2016

Revenue$714,695
Expenses$736,112
Net Income-$21,417
Jump To
Filing Snapshot
Filing Period
Aug 1, 2015 to Jul 31, 2016
Signed
Mar 2, 2017
Return Version
2015v3.0
Gross Receipts
$714,695
Mission and Program Overview

Mission

Social fraternity with the mission to provide room and board and a place to study and socialize; a home away from home in a group setting.

Social Fraternity with the mission to provide room and board and a place to study and socialize, a home away from home in a group setting.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$18,797$39,173▲ $20,376
Cash and Non-Interest-Bearing Accounts$2,472$2,472→ $0
Land, Buildings, and Equipment, Net$825$495▼ $330
Total Assets$22,093$42,139▲ $20,046
Other Assets Total$-1$-1→ $0
Liabilities
Other Liabilities$0$40,000▲ $40,000
Accounts Payable and Accrued Expenses$-228$-954▼ $726
Total Liabilities$-228$39,046▲ $39,274
Net Assets / Fund Balance
Unrestricted Net Assets$22,321$3,093▼ $19,228
Total Net Assets Fund Balance$22,321$3,093▼ $19,228
Total Liabilities and Net Assets / Fund Balance$22,093$42,139▲ $20,046

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$495$1,567$2,062
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Carol RobertsHouse MotherFT$30,003$30,003

Board Members and Trustees

NameTitle
Nick CreedenPresident/ALPHA
Alex BerneyVice President/BETA
Bond OlivoVice President/THETA
Rodger LalliAsst Financial Advisor
Christiaan BesterFinancial Advisor
Adam KleinHigh Gamma
Tave WiseTreasurer/TAU
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$714,646
Investment Income
$49
Other Revenue
$0
Change in Net Assets
$-21,417
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$696,933
Salaries, Compensation, and Employee Benefits$39,179
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$197,873--$197,873
Fees for Services Other$103,251--$103,251
Current Officers, Directors, Trustees, and Key Employees$30,003--$30,003
All Other Expenses$27,967--$27,967
Other Expenses$25,659--$25,659
Fees for Services Accounting-$9,500-$9,500
Other Salaries and Wages$6,300--$6,300
Payroll Taxes$2,876--$2,876
Fees for Services Management$360--$360
Depreciation Depletion$330--$330
Office Expenses-$96-$96
Total Functional Expenses$726,516$9,596$0$736,112
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
N/p Affiliate Sigma Phi$40,000
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
Yes
Conflict-of-interest policy
No
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 2

Line 2 explanation - DON SHERMAN IS TREASURER OF RELATED ORGANIZATION, LAMBDA CHI ALPHA SPECIAL ACCOUNT dba S.P. HOLDING CO. AND A BOARD MEMBER OF THE GAMMA RHO ALUMNI ASSOCIATION. DON IS ALSO PRESIDENT AND AN OWNER OF THE BANK SERVING THE LAMBDA CHI ALPHA GAMMA RHO ZETA.

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

Line 7a explanation - They elect officers who are responsible for governing the chapter. An Alumni Advisory Board serves to provide oversight and ensures compliance with applicable University rules, regulations and policies as promulgated by the Intra Fraternity Council of the University.

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

Line 7b explanation - Major decisions involving the entire membership require the Officers to take the issue to the membership for acceptance or revision or rejection.

Form 990, Part VI, Section A, line 8A

Line 9 explanation - Minutes of the meetings of the Chapter are recorded.

Form 990, Part VI, Section B, line 11

After preparation by a cpa, it is reviewed by the organization's signing officer.

Form 990, Part VI, Section B, line 15B

Any compensation for key persons or officers is brought before the board of directors and is decided on by the board.

Form 990, Part VI, Section C, line 19

All are available upon request

Form 990, Part VII

Christiaan bester - 6220 oram street, unit b, dallas, tx 75214.

Filing and Contact Details

Filer

Filer Name
Lambda Chi Alpha Gamma Rho Zeta
EIN
73-0583070
Phone
4053210244
Address
220 N Peters Avenue, Norman, OK 73069
Doing Business As
Gamma Rho Zeta Chapter Lambda Chi Alpha

Signing Officer

Name
Rodger Lalli
Title
Financial Advisor
Phone
4059900630
Signed
2017-03-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rodger Lalli
Formed
1947
Legal Domicile
Ok
Voting Board Members
15
Independent Board Members
0
Employees
9
Volunteers
0

Preparer

Firm
KOSKIE & EULBERG CPAs PC
Address
220 N Peters Ave, Norman, OK 73069
Preparer
Jenyle Koskie
Phone
4053605210
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

NATIONAL DUES: Program service expenses 94,441. Management and general expenses 0. Fundraising expenses 0. Total expenses 94,441. OU IFC: Program service expenses 6,595. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,595. OTHER DUES: Program service expenses 1,439. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,439. NATIONAL CONVENTION: Program service expenses 776. Management and general expenses 0. Fundraising expenses 0. Total expenses 776.

Form 990, Part XI, line 9:

University fines to fraternity -75. Rounding -1.

Raw XML Appendix345 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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IRS990/Form990PartVIISectionAGrp/TitleTxt1House Mother
IRS990/Form990PartVIISectionAGrp/TitleTxt2ASST FINANCIAL ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3President/ALPHA
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer/TAU
IRS990/Form990PartVIISectionAGrp/TitleTxt5Vice President/THETA
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Line 2 explanation - DON SHERMAN IS TREASURER OF RELATED ORGANIZATION, LAMBDA CHI ALPHA SPECIAL ACCOUNT dba S.P. HOLDING CO. AND A BOARD MEMBER OF THE GAMMA RHO ALUMNI ASSOCIATION. DON IS ALSO PRESIDENT AND AN OWNER OF THE BANK SERVING THE LAMBDA CHI ALPHA GAMMA RHO ZETA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Line 7a explanation - They elect officers who are responsible for governing the chapter. An Alumni Advisory Board serves to provide oversight and ensures compliance with applicable University rules, regulations and policies as promulgated by the Intra Fraternity Council of the University.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Line 7b explanation - Major decisions involving the entire membership require the Officers to take the issue to the membership for acceptance or revision or rejection.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Line 9 explanation - Minutes of the meetings of the Chapter are recorded.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AFTER PREPARATION BY A CPA, IT IS REVIEWED BY THE ORGANIZATION'S SIGNING OFFICER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ANY COMPENSATION FOR KEY PERSONS OR OFFICERS IS BROUGHT BEFORE THE BOARD OF DIRECTORS AND IS DECIDED ON BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALL ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CHRISTIAAN BESTER - 6220 ORAM STREET, UNIT B, DALLAS, TX 75214.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8NATIONAL DUES: Program service expenses 94,441. Management and general expenses 0. Fundraising expenses 0. Total expenses 94,441. OU IFC: Program service expenses 6,595. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,595. OTHER DUES: Program service expenses 1,439. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,439. NATIONAL CONVENTION: Program service expenses 776. Management and general expenses 0. Fundraising expenses 0. Total expenses 776.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9UNIVERSITY FINES TO FRATERNITY -75. ROUNDING -1.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VII
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part XI, line 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OK
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt022093
IRS990/TotalAssetsEOYAmt042139
IRS990/TotalAssetsGrp/BOYAmt022093
IRS990/TotalAssetsGrp/EOYAmt042139
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09596
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0726516
IRS990/TotalFunctionalExpensesGrp/TotalAmt0736112
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0-228
IRS990/TotalLiabilitiesEOYAmt039046
IRS990/TotalLiabilitiesGrp/BOYAmt0-228
IRS990/TotalLiabilitiesGrp/EOYAmt039046
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt022321
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03093
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0726516
IRS990/TotalProgramServiceRevenueAmt0714646
IRS990/TotalReportableCompFromOrgAmt030003
IRS990/TotalRevenueGrp/ExclusionAmt049
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0714646
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0714695
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt022093
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt042139
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt022321
IRS990/UnrestrictedNetAssetsGrp/EOYAmt03093
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03700 W ROBINSON SUITE 230
IRS990/USAddress/CityNm0NORMAN
IRS990/USAddress/StateAbbreviationCd0OK
IRS990/USAddress/ZIPCd073072
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RODGER LALLI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Financial Advisor
ReturnHeader/BusinessOfficerGrp/PhoneNum04059900630
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-03-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Lambda Chi Alpha Gamma Rho Zeta
ReturnHeader/Filer/BusinessNameControlTxt0LAMB
ReturnHeader/Filer/EIN0730583070
ReturnHeader/Filer/PhoneNum04053210244
ReturnHeader/Filer/USAddress/AddressLine1Txt0220 N Peters Avenue
ReturnHeader/Filer/USAddress/CityNm0Norman
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK
ReturnHeader/Filer/USAddress/ZIPCd073069
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0731398591
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KOSKIE & EULBERG CPAs PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0220 N Peters Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Norman
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd073069
ReturnHeader/PreparerPersonGrp/PhoneNum04053605210
ReturnHeader/PreparerPersonGrp/PreparationDt02017-01-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jenyle Koskie
ReturnHeader/ReturnTs02017-03-04T10:36:25-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-08-01
ReturnHeader/TaxPeriodEndDt02016-07-31
ReturnHeader/TaxYr02015

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.00$0.17$9.19$9.02$0.18
2023Summary only. Only limited summary data is available for this year.$0.38$0.00$0.38$8.33$8.19$0.14
2022Summary only. Only limited summary data is available for this year.$0.24$0.00$0.24$8.80$8.97$0.17
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.41$0.00$0.41$5.25$6.74$1.49
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.90$0.00$1.90$5.78$5.30$0.48
2019Summary only. Only limited summary data is available for this year.$1.42$0.00$1.42$8.26$6.89$1.38
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.40$0.05$7.21$7.29$0.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.00$0.12$7.08$6.99$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.42$0.39$0.03$7.15$7.36$0.21
2015Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$7.20$7.32$0.12
2014Summary only. Only limited summary data is available for this year.$0.84$0.00$0.84$6.36$6.63$0.26
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.00$1.11$4.84
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.00$0.31$6.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.46$0.44$6.00