Civic Intelligence

Order of Omega

990 • Fiscal year 2017 • EIN 75-2162127

Sep 01, 2016 to Aug 31, 2017 • Filed on Jan 12, 2018

300 E Border StArlington, TX 76010

(817) 265-4074

Siviq Scores

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

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

20th percentile

0.01x

Higher debt load relative to revenue than 20% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

67th percentile

11%

Higher net margin than 67% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

53rd percentile

$68,488

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 9.8% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

55th percentile

4.7%

Faster asset growth than 55% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

31st percentile

-2.5%

Faster revenue growth than 31% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,743,527

Up $78,399 (+4.7%) from 2016

Net Assets

Up

$1,738,112

Up $73,210 (+4.4%) from 2016

Liabilities

Up

$5,415

Up $5,189 (+2296%) from 2016

Revenue

Down

$695,340

Down $17,602 (-2.5%) from 2016

Expenses

Up

$622,130

Up $38,476 (+6.6%) from 2016

Net Income

Down

$73,210

Down $56,078 (-43%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,165,122Liabilities 2011: $2,756Net Assets 2011: $1,162,3662011Assets 2012: $1,270,540Liabilities 2012: $2,920Net Assets 2012: $1,267,6202012Assets 2013: $1,363,318Liabilities 2013: $4,347Net Assets 2013: $1,358,9712013Assets 2014: $1,476,814Liabilities 2014: $4,731Net Assets 2014: $1,472,0832014Assets 2015: $1,540,622Liabilities 2015: $5,008Net Assets 2015: $1,535,6142015Assets 2016: $1,665,128Liabilities 2016: $226Net Assets 2016: $1,664,9022016Assets 2017: $1,743,527Liabilities 2017: $5,415Net Assets 2017: $1,738,1122017Assets 2018: $1,888,255Liabilities 2018: $18Net Assets 2018: $1,888,2372018Assets 2019: $1,899,351Liabilities 2019: $5,692Net Assets 2019: $1,893,6592019Assets 2020: $1,979,705Liabilities 2020: $71,184Net Assets 2020: $1,908,5212020Assets 2021: $1,932,384Liabilities 2021: $58,432Net Assets 2021: $1,873,9522021Assets 2022: $1,872,908Liabilities 2022: $0Net Assets 2022: $1,872,9082022Assets 2023: $1,950,178Liabilities 2023: $0Net Assets 2023: $1,950,1782023Assets 2024: $1,971,402Liabilities 2024: $18,744Net Assets 2024: $1,952,6582024Assets 2025: $1,919,154Liabilities 2025: $19,891Net Assets 2025: $1,899,2632025

Highlighted filing

2017

Assets$1,743,527
Liabilities$5,415
Net Assets$1,738,112

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $423,1362011Expenses 2012: $461,0382012Revenue 2013: $629,326Expenses 2013: $537,975Net Income 2013: $91,3512013Revenue 2014: $688,124Expenses 2014: $575,012Net Income 2014: $113,1122014Revenue 2015: $696,855Expenses 2015: $633,324Net Income 2015: $63,5312015Revenue 2016: $712,942Expenses 2016: $583,654Net Income 2016: $129,2882016Revenue 2017: $695,340Expenses 2017: $622,130Net Income 2017: $73,2102017Revenue 2018: $753,819Expenses 2018: $629,879Net Income 2018: $123,9402018Revenue 2019: $644,987Expenses 2019: $656,989Net Income 2019: -$12,0022019Revenue 2020: $605,458Expenses 2020: $590,596Net Income 2020: $14,8622020Revenue 2021: $646,088Expenses 2021: $529,228Net Income 2021: $116,8602021Revenue 2022: $607,076Expenses 2022: $608,120Net Income 2022: -$1,0442022Revenue 2023: $703,570Expenses 2023: $626,299Net Income 2023: $77,2712023Revenue 2024: $673,148Expenses 2024: $670,668Net Income 2024: $2,4802024Revenue 2025: $713,045Expenses 2025: $766,440Net Income 2025: -$53,3952025

Highlighted filing

2017

Revenue$695,340
Expenses$622,130
Net Income$73,210
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Jan 12, 2018
Return Version
2016v3.0
Gross Receipts
$695,340
Mission and Program Overview

Mission

To honor and recogniize the top 5% of outstanding fraternity and sorority leaders for their leadership and service and scholarship, To provide leadership development opportunities through programming and experiential learning. Award annual Scholarships to undergraduates, master and doctoral students and new professionals to support their academic endeavors.

To recognize outstanding fraternity & sorority greek leaders for their leadership and service and issue scholarships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,664,902$1,738,112▲ $73,210
Investments in Publicly Traded Securities$719,194$1,036,791▲ $317,597
Cash and Non-Interest-Bearing Accounts$439,040$297,403▼ $141,637
Savings and Temporary Cash Investments$306,760$214,936▼ $91,824
Land, Buildings, and Equipment, Net$200,132$194,395▼ $5,737
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,665,128$1,743,527▲ $78,399
Other Assets Total$2$2→ $0
Liabilities
Other Liabilities$226$5,415▲ $5,189
Total Liabilities$226$5,415▲ $5,189
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,664,902$1,738,112▲ $73,210
Total Liabilities and Net Assets / Fund Balance$1,665,128$1,743,527▲ $78,399

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$129,555$52,789$182,344
Other Land Buildings$3,857$38,018$41,875
Equipment$9,212$30,354$39,566
Land$39,418-$39,418
Leasehold Improvements$12,353$4,806$17,159

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$93,242-▲ $2,954-$96,196
2015$89,477-▲ $3,765-$93,242
2014$86,330-▲ $3,147-$89,477
2013-$85,000▲ $1,330-$86,330
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Martha SorensenExecutive DirectorFT$68,488$68,488
Dr Kent GardnerDirector EmeritusFT$60,077$60,077
Seth ResslAssoc Exec DirectorPT$7,400$7,400
Kent PawlakTech Director-$5,700$5,700

Board Members and Trustees

NameTitle
Dr David L GradyPresident
Reatha CoxVice President
Anne Trask ForcierDirector
Barbara J TootleDirector
Darald StubbsDirector
Dr Ed WhippleDirector
Dr Howard M FarrellDirector
Dr Larry LunsfordDirector
Aujanae WatsonStudent Member
Todd SimmonsStudent Member
Revenue and Support

Revenue Composition

Contributions and Grants
$669,545
Program Service Revenue
$0
Investment Income
$25,774
Other Revenue
$21
Change in Net Assets
$73,210
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$271,414
Salaries, Compensation, and Employee Benefits$267,916
Grants and Similar Amounts Paid$82,800
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$136,810-$136,810
Comp Disqual Persons$25,200$80,609-$105,809
Grants to Domestic Individuals$82,800--$82,800
Travel$60,432--$60,432
Occupancy-$34,104-$34,104
Office Expenses-$30,491-$30,491
Conferences and Meetings$19,537--$19,537
Payroll Taxes$2,030$16,712-$18,742
Depreciation Depletion-$10,301-$10,301
Insurance-$7,751-$7,751
Pension Plan Contributions-$6,555-$6,555
Other Expenses$4,885$31,002-$4,885
Fees for Services Accounting-$3,524-$3,524
All Other Expenses-$250-$250
Total Functional Expenses$264,021$358,109$0$622,130
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$5,415
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
No
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, Line 6: Explanation of Classes of Members or Shareholder

Student membership is limited to members of greek-letter social organizations. An application is submitted for membership to the local chapters and voted on by the current members of that chapter. Faculty/staff members or other honorary members (elected honoris causa by the chapter) do not need to be affiliated with a fraternal organization.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

Annual elections are held within each chapter for local officers. Executive council members have one vote for the national officers that are elected to serve three year terms.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

Members must approve any changes to chapter bylaws and vote on membership. Amendments to the national constitution and bylaws are voted on by local chapters.

Form 990, Part VI, Line 11B: Form 990 Review Process

The executive director reviews the 990 before filing the form.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The executive director is reviewed every three years by the executive officers and board of directors.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

All records and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Order of Omega
EIN
75-2162127
Phone
8172654074
Address
300 E BORDER ST, ARLINGTON, TX 76010

Signing Officer

Name
Martha Sorensen
Title
Executive Director
Signed
2018-01-12
Discuss with paid preparer
Yes

Organization Details

Formed
1983
Legal Domicile
TX
Voting Board Members
12
Independent Board Members
0
Employees
8
Volunteers
4

Preparer

Firm
Kleiber & Associates CPAs
Address
1188 W Pioneer Pkwy, Arlington, TX 76013
Preparer
Steven F Kleiber CPA
Phone
8172770733
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

Other program services 4: newsletter: each member is sent a monthly newsletterchapter presidents & advisors, board members and rcd open access on social media.

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IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
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IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/OccupancyGrp/TotalAmt034104
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt030491
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IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt02
IRS990/OtherAssetsTotalGrp/EOYAmt02
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IRS990/OtherExpensesGrp/Desc3Printing and Publications
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IRS990/OtherExpensesGrp/ProgramServicesAmt114533
IRS990/OtherExpensesGrp/ProgramServicesAmt24885
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IRS990/OtherExpensesGrp/TotalAmt131002
IRS990/OtherExpensesGrp/TotalAmt214533
IRS990/OtherExpensesGrp/TotalAmt34885
IRS990/OtherLiabilitiesGrp/BOYAmt0226
IRS990/OtherLiabilitiesGrp/EOYAmt05415
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt016712
IRS990/PayrollTaxesGrp/ProgramServicesAmt02030
IRS990/PayrollTaxesGrp/TotalAmt018742
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt06555
IRS990/PensionPlanContributionsGrp/TotalAmt06555
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt054604
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0690169
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt078150
IRS990/PYInvestmentIncomeAmt022671
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
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IRS990/PYOtherRevenueAmt0102
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IRS990/PYSalariesCompEmpBnftPaidAmt0242906
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IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt073210
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
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IRS990/RoyaltiesRevenueGrp/ExclusionAmt021
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01664902
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt0306760
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0214936
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0681463
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IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt022773
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt019463
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt06661
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02084
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt076755
IRS990ScheduleA/InvestmentIncomeCYPct00.02240
IRS990ScheduleA/InvestmentIncomePYPct00.01770
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97760
IRS990ScheduleA/PublicSupportPY509Pct00.98230
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/TotalAmt03346681
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0695319
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0712942
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0696855
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0688124
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0630196
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03423436
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.92$0.02$1.90$0.71$0.77$0.05
2024Detailed filing. Detailed filing data is available for this year.$1.97$0.02$1.95$0.67$0.67$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.95$0.00$1.95$0.70$0.63$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.87$0.00$1.87$0.61$0.61$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$0.06$1.87$0.65$0.53$0.12
2020Detailed filing. Detailed filing data is available for this year.$1.98$0.07$1.91$0.61$0.59$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.90$0.01$1.89$0.64$0.66$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.89$0.00$1.89$0.75$0.63$0.12
2017Detailed filing. Detailed filing data is available for this year.$1.74$0.01$1.74$0.70$0.62$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.67$0.00$1.66$0.71$0.58$0.13
2015Detailed filing. Detailed filing data is available for this year.$1.54$0.01$1.54$0.70$0.63$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.48$0.00$1.47$0.69$0.58$0.11
2013Summary only. Only limited summary data is available for this year.$1.36$0.00$1.36$0.63$0.54$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.00$1.27$0.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.00$1.16$0.42