Civic Intelligence

Alpha Tau Omega Fraternity

990EZ • Fiscal year 2014 • EIN 77-0274148

Jan 01, 2014 to Dec 31, 2014 • Filed on Jan 06, 2015

Organization Profile
755 embarcadero del nortegoleta, CA 93117

(925) 577-0335

Siviq Scores

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

Liabilities / Assets

39th percentile

0.00x

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

2014 filings • 501(c)8 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

39th percentile

0.00x

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

2014 filings • 501(c)8 • <$500k nonprofits • Source year 2014

Net Margin

70th percentile

8.8%

Higher net margin than 70% of similar nonprofits.

2014 filings • 501(c)8 • <$500k nonprofits • Source year 2014

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2014 filings • 501(c)8 • <$500k nonprofits • Source year 2014

Asset Growth

99th percentile

361%

Faster asset growth than 99% of similar nonprofits.

2014 filings • 501(c)8 • <$500k nonprofits • Annualized from 2012 to 2014

Revenue Growth

51st percentile

-0.3%

Faster revenue growth than 51% of similar nonprofits.

2014 filings • 501(c)8 • <$500k nonprofits • Annualized from 2012 to 2014

Balance Sheet
Liabilities / Assets39th percentile

Assets

Up

$16,333

Up $15,564 (+2024%) from 2012

Net Assets

$16,333

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2012

Revenue And Expenses
Liabilities / Revenue39th percentileNet Margin70th percentile

Revenue

Down

$144,766

Down $880 (-0.6%) from 2012

Expenses

Down

$132,089

Down $13,515 (-9.3%) from 2012

Net Income

Up

$12,677

Up $12,635 (+30083%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$20K$15K$10K$5.0K$0Assets 2009: $2,662Liabilities 2009: $02009Assets 2010: $7,610Liabilities 2010: $0Net Assets 2010: $7,6102010Assets 2011: $727Liabilities 2011: $0Net Assets 2011: $7272011Assets 2012: $769Liabilities 2012: $02012Assets 2014: $16,333Liabilities 2014: $0Net Assets 2014: $16,3332014Assets 2015: $8,722Liabilities 2015: $0Net Assets 2015: $8,7222015

Highlighted filing

2014

Assets$16,333
Liabilities$0
Net Assets$16,333
Open 2014 Filing

Operations Trend

Revenue Growth51st percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2009: $120,168Expenses 2009: $117,506Net Income 2009: $2,6622009Revenue 2010: $339,387Expenses 2010: $334,439Net Income 2010: $4,9482010Revenue 2011: $294,964Expenses 2011: $301,847Net Income 2011: -$6,8832011Revenue 2012: $145,646Expenses 2012: $145,604Net Income 2012: $422012Revenue 2014: $144,766Expenses 2014: $132,089Net Income 2014: $12,6772014Revenue 2015: $123,105Expenses 2015: $130,716Net Income 2015: -$7,6112015

Highlighted filing

2014

Revenue$144,766
Expenses$132,089
Net Income$12,677
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jan 6, 2015
Return Version
2014v6.0
Gross Receipts
$144,766
Mission and Program Overview

Mission

We are a tax exempt non profit fraternity

Program Services

DescriptionGrantsExpenses
ATO Rally$0$0
Santa Barbara Marathon$0$0
all other event$0$0
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matthew TurnerPresidentPT$0--
Michael PalmerFinancePT$0--
Filing and Contact Details

Filer

Filer Name
Alpha Tau Omega Fraternity
EIN
77-0274148
Phone
9255770335
Address
755 embarcadero del norte, goleta, CA 93117

Signing Officer

Name
Michael Palmer
Title
Finance
Phone
9168789058
Signed
2015-01-06
Discuss with paid preparer
No

Preparer

Firm
Paul Contreras Tax
Address
3634 Spencer St Apt 103, Torrance, CA 90503
Preparer
Paul Contreras
Phone
6264841680
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Rent, Housing, and other fees”

Raw XML Appendix125 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/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Steven Carlisie
IRS990EZ/BooksInCareOfDetail/PhoneNum09168789058
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0755 embarcadero del norte
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0goleta
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd093117
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03656
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt016333
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt012677
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03657
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt03656
IRS990EZ/Form990TotalAssetsGrp/EOYAmt016333
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0144766
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/GroupExemptionNum02087
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt0144766
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt03656
IRS990EZ/NetAssetsOrFundBalancesEOYAmt016333
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt03656
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt016333
IRS990EZ/OccupancyRentUtltsAndMaintAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt030
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt130
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Matthew Turner
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Michael Palmer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Finance
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0128432
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0We are a tax exempt non profit fraternity
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ATO Rally
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Santa Barbara Marathon
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2all other event
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt20
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt0132089
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0144766
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Rent, Housing, and other fees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
ReasonableCauseExplanation/ExplanationTxt0I am respectfully requesting that the IRS waive any 2014 late filing penalties for Alpha Tau Omega (EIN # 77-0274148) due to reasonable cause. There are two main reasons our taxes were filed late. The first is we are a newly approved non-profit organization with a change in volunteers who were unaware of the tax-filing requirement. The second is action outside my control by the company who submitted the tax return on our behalf. On 1/1/2015, I became a volunteer Treasurer of Alpha Tau Omega Fraternity at UCSB. We had been approved as a Non-profit 501 (C)(3) organization in 2014. At the time I became Treasurer I was a college sophomore and was quickly trained in the basic treasury function by the departing Treasurer. Unfortunately we were still working out the ongoing responsibilities and the departing Treasurer did not discuss filing taxes. Also to my knowledge I have not received any IRS communications. Months later I found out we had to file a 990-EZ tax form, so I looked to see if there were any tools to help me. I learned that the 3rd party vendor's software we use to collect our member dues also has a module to prepare tax returns. Therefore, I worked with our representative and submitted the information in July 2015. I received an email that they had filed our taxes and would let me know if there was a problem. In mid-December I received another email from them that our tax return had not been submitted after all. Upon learning that, I worked with their Regional Operations Manager to file our return. After their internal review of the information, they submitted the tax return on January 17, 2016. The 3rd party vendor Regional Operations Manager told me the reason I was not informed that the tax return had not been filed in July was a personnel issue. They had a transition of an accounting staff member in July and our incomplete tax return was on his plate. Unfortunately, the team member didn't communicate that this had not been submitted . After doing a reconciliation in November, they identified our taxes had not been filed. In December they notified me of the situation. To ensure our taxes will be filed on time in the future, the following is being undertaken: 1) The outgoing ATO Treasurer will file the tax return and train the incoming Treasurer during the process. This is critical as the Treasurer changes each year. 2) I have documented the tax preparation procedure for the Treasurer's files. 3) I have created a mailbox at our fraternity so that any correspondence from the IRS can be placed there, as the Treasurer name will change each year. 4) I will request the 3RD party vendor send me the IRS confirmation for our records rather than ask to be informed if there are problems with the filing. 5) The 3rd party vendor has hired a Director of Finance & Accounting that now oversees an accounting team. The accounting team directly reports to this person as well as the Regional Operations manager in regards to deadlines, tasks, etc. I am therefore requesting the late filing penalty be waived, as it was a combination of new individuals in a new organization and events outside of my control. I will definitely file our organization's 2015 tax return prior to the due date. Sincerely, Michael Palmer
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd00
ReturnHeader/BusinessOfficerGrp/PersonNm0Michael Palmer
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Finance
ReturnHeader/BusinessOfficerGrp/PhoneNum09168789058
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-01-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALPHA TAU OMEGA FRATERNITY
ReturnHeader/Filer/BusinessNameControlTxt0ALPH
ReturnHeader/Filer/EIN0770274148
ReturnHeader/Filer/PhoneNum09255770335
ReturnHeader/Filer/USAddress/AddressLine1Txt0755 embarcadero del norte
ReturnHeader/Filer/USAddress/CityNm0goleta
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd093117
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461683851
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Paul Contreras Tax
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03634 Spencer St Apt 103
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Torrance
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090503
ReturnHeader/PreparerPersonGrp/PhoneNum06264841680
ReturnHeader/PreparerPersonGrp/PreparationDt02016-01-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Paul Contreras
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-02-03T00:57:27-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,333
Liabilities
$0
Net assets
$16,333
Revenue
$144,766
Expenses
$132,089
Net income
$12,677
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$1.23$1.31$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$1.45$1.32$0.13
2012Summary only. Only limited summary data is available for this year.$0.01$0.00$1.46$1.46$0.00
2011Summary only. Only limited summary data is available for this year.$0.01$0.00$0.01$2.95$3.02$0.07
2010Summary only. Only limited summary data is available for this year.$0.08$0.00$0.08$3.39$3.34$0.05
2009Summary only. Only limited summary data is available for this year.$0.03$0.00$1.20$1.18$0.03