Civic Intelligence

Sigma Chi Building Foundation

990 • Fiscal year 2024 • EIN 81-0400810

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 20, 2024

CO Walter J Kero PO Box 16894Missoula, MT 59808-6894

(406) 549-2288

Siviq Scores

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

Liabilities / Assets

65th percentile

0.17x

Higher debt load relative to assets than 65% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

2.88x

Higher debt load relative to revenue than 95% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

54th percentile

6.4%

Higher net margin than 54% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

40th percentile

0.9%

Faster asset growth than 40% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

22nd percentile

-10%

Faster revenue growth than 22% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,553,987

Up $13,273 (+0.9%) from 2023

Net Assets

Down

$1,293,663

Down $31,482 (-2.4%) from 2023

Liabilities

Up

$260,324

Up $44,755 (+21%) from 2023

Revenue

Down

$90,390

Down $10,428 (-10%) from 2023

Expenses

Down

$84,626

Down $17,635 (-17%) from 2023

Net Income

Up

$5,764

Up $7,207 (+499%) from 2023

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 2010: $961,074Liabilities 2010: $307,775Net Assets 2010: $653,2992010Assets 2011: $943,296Liabilities 2011: $305,628Net Assets 2011: $637,6682011Assets 2012: $938,516Liabilities 2012: $300,458Net Assets 2012: $638,0582012Assets 2013: $893,448Liabilities 2013: $276,241Net Assets 2013: $617,2072013Assets 2014: $890,130Liabilities 2014: $276,049Net Assets 2014: $614,0812014Assets 2015: $834,793Liabilities 2015: $266,688Net Assets 2015: $568,1052015Assets 2016: $938,737Liabilities 2016: $260,837Net Assets 2016: $677,9002016Assets 2017: $1,149,961Liabilities 2017: $258,002Net Assets 2017: $891,9592017Assets 2018: $1,159,778Liabilities 2018: $292,962Net Assets 2018: $866,8162018Assets 2019: $1,212,847Liabilities 2019: $247,055Net Assets 2019: $965,7922019Assets 2020: $1,300,115Liabilities 2020: $296,374Net Assets 2020: $1,003,7412020Assets 2021: $1,459,441Liabilities 2021: $240,193Net Assets 2021: $1,219,2482021Assets 2022: $1,493,062Liabilities 2022: $234,315Net Assets 2022: $1,258,7472022Assets 2023: $1,540,714Liabilities 2023: $215,569Net Assets 2023: $1,325,1452023Assets 2024: $1,553,987Liabilities 2024: $260,324Net Assets 2024: $1,293,6632024Assets 2025: $1,551,817Liabilities 2025: $256,433Net Assets 2025: $1,295,3842025

Highlighted filing

2024

Assets$1,553,987
Liabilities$260,324
Net Assets$1,293,663

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $18,1642010Expenses 2011: $25,9242011Expenses 2012: $19,9592012Expenses 2013: $20,7212013Revenue 2014: $957Expenses 2014: $25,124Net Income 2014: -$24,1672014Revenue 2015: -$4,787Expenses 2015: $41,578Net Income 2015: -$46,3652015Revenue 2016: $146,533Expenses 2016: $89,136Net Income 2016: $57,3972016Revenue 2017: $258,356Expenses 2017: $44,297Net Income 2017: $214,0592017Revenue 2018: $18,918Expenses 2018: $44,061Net Income 2018: -$25,1432018Revenue 2019: $117,594Expenses 2019: $18,618Net Income 2019: $98,9762019Revenue 2020: $61,068Expenses 2020: $18,368Net Income 2020: $42,7002020Revenue 2021: $163,131Expenses 2021: $16,441Net Income 2021: $146,6902021Revenue 2022: $156,518Expenses 2022: $117,019Net Income 2022: $39,4992022Revenue 2023: $100,818Expenses 2023: $102,261Net Income 2023: -$1,4432023Revenue 2024: $90,390Expenses 2024: $84,626Net Income 2024: $5,7642024Revenue 2025: $32,238Expenses 2025: $29,297Net Income 2025: $2,9412025

Highlighted filing

2024

Revenue$90,390
Expenses$84,626
Net Income$5,764
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 20, 2024
Return Version
2023v5.1
Gross Receipts
$142,004
Mission and Program Overview

Mission

None

Mission 1 - preserve a certified historical structure : mission 2 - scholarships for students at the university of montana

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$859,907$943,130▲ $83,223
Pd in Cap Srpls Land Bldg Eqp Fund$647,813$721,043▲ $73,230
Land, Buildings, and Equipment, Net$647,813$572,620▼ $75,193
Rtn Earn Endowment Incm Other Fnds$677,332$572,620▼ $104,712
Accounts Receivable$13,500$22,500▲ $9,000
Cash and Non-Interest-Bearing Accounts$19,494$15,737▼ $3,757
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,540,714$1,553,987▲ $13,273
Liabilities
Mortgage Notes Payable Secured by Investment Property$212,569$203,320▼ $9,249
Deferred Revenue-$51,378-
Unsecured Notes Loans Payable$3,000$3,000→ $0
Accounts Payable and Accrued Expenses-$2,626-
Total Liabilities$215,569$260,324▲ $44,755
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,325,145$1,293,663▼ $31,482
Total Liabilities and Net Assets / Fund Balance$1,540,714$1,553,987▲ $13,273

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$570,501$949,633$1,520,134
Other Land Buildings$619$55,014$55,633
Land$1,500-$1,500
Investment Program Related Org$10,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nathan CranstonPresident
Dan G CederbergDirector
Nathan CranstonDirector
Rich ThompsonDirector
MattCavanaugh
StewartHansen
MikeSchruth
Dave TrimmerSecretary
Walter J KeroTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$10,610
Program Service Revenue
$12,500
Investment Income
$27,015
Other Revenue
$40,265
All Other Contributions
$10,610
Change in Net Assets
$5,764
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$84,626
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$35,996--$35,996
Interest$12,412--$12,412
Information Technology$1,453--$1,453
Other Expenses$1,450$17,564-$1,450
Total Functional Expenses$67,062$17,564$0$84,626
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

All alumni of the beta delta chapter of the sigma chi fraternity are members of this corporation

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

The sigma chi building foundation form 990 is reviewed by the president and treasurer before filing. Copies of the form are available to any board member.

Form 990, Part VI, Section C, line 18

Our organizations form 1023 is available upon written request

Form 990, Part VI, Section C, line 19

All documents are available upon request in writing

Filing and Contact Details

Filer

Filer Name
Sigma Chi Building Foundation
EIN
81-0400810
Phone
4065492288
Address
CO WALTER J KERO PO BOX 16894, MISSOULA, MT 59808-6894

Signing Officer

Name
Nathan Cranston
Title
President
Phone
4067212100
Signed
2024-11-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Walter J Kero
Formed
1979
Legal Domicile
Mt
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Wj Kero Cpapc
Address
PO Box 16894, Missoula, MT 59808-6894
Preparer
Walter J Kero CPA
Phone
4065492288
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Other 235.

Raw XML AppendixShowing 400 of 436 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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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt014266
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0192436
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt040500
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt040500
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt039600
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt039600
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt011250
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0171450
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt039514
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt032126
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt030028
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt076502
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt014266
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0192436
IRS990ScheduleA/InvestmentIncomeCYPct00.23770
IRS990ScheduleA/InvestmentIncomePYPct00.19440
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.76230
IRS990ScheduleA/PublicSupportPY509Pct00.80560
IRS990ScheduleA/PublicSupportTotal509Amt0617301
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt051110
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt063314
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0176158
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0207820
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0118899
IRS990ScheduleA/Total509Grp/TotalAmt0617301
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt090624
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt095440
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0206186
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0284322
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0133165
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0809737
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0570501
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0949633
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01520134
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0203320
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt165599
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2192328
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt323692
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt4112544
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt540900
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt6294747
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt710000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0SIGMA CHI MORTGAGE RECEIVABLE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1LIfe insurance policy
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2SiGMA Chi Reserve Savings
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3SIGMA CHI SCHOLARSHIP ACCOUNT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4DADavidson ac #72815506
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc5DADavidson ac #49702610
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc6DADavidson Tidyman ac #66354947
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc7Sigma Chi Contribution account
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd4C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd5C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd6C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd7C
IRS990ScheduleD/LandGrp/BookValueAmt01500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01500
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0619
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt055014
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt055633
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0572620
IRS990ScheduleD/TotalBookValueProgramRltdAmt0943130
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL ALUMNI OF THE BETA DELTA CHAPTER OF THE SIGMA CHI FRATERNITY ARE MEMBERS OF THIS CORPORATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SIGMA CHI BUILDING FOUNDATION FORM 990 IS REVIEWED BY THE PRESIDENT AND TREASURER BEFORE FILING. COPIES OF THE FORM ARE AVAILABLE TO ANY BOARD MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Our organizations form 1023 is available upon written request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All documents are available upon request in writing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Other 235.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XI, line 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01540714
IRS990/TotalAssetsEOYAmt01553987
IRS990/TotalAssetsGrp/BOYAmt01540714
IRS990/TotalAssetsGrp/EOYAmt01553987
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt010610
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt017564
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt067062
IRS990/TotalFunctionalExpensesGrp/TotalAmt084626
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0215569
IRS990/TotalLiabilitiesEOYAmt0260324
IRS990/TotalLiabilitiesGrp/BOYAmt0215569
IRS990/TotalLiabilitiesGrp/EOYAmt0260324
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01325145
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01293663
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt012500
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt012500
IRS990/TotalProgramServiceExpensesAmt067062
IRS990/TotalProgramServiceRevenueAmt012500
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt079780
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt090390
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01540714
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01553987
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt03000
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt03000

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.55$0.26$1.30$0.03$0.03$0.00
2024Detailed filing. Detailed filing data is available for this year.$1.55$0.26$1.29$0.09$0.08$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.54$0.22$1.33$0.10$0.10$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.49$0.23$1.26$0.16$0.12$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.46$0.24$1.22$0.16$0.02$0.15
2020Detailed filing. Detailed filing data is available for this year.$1.30$0.30$1.00$0.06$0.02$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.21$0.25$0.97$0.12$0.02$0.10
2018Detailed filing. Detailed filing data is available for this year.$1.16$0.29$0.87$0.02$0.04$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.15$0.26$0.89$0.26$0.04$0.21
2016Detailed filing. Detailed filing data is available for this year.$0.94$0.26$0.68$0.15$0.09$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.83$0.27$0.57$0.00$0.04$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.89$0.28$0.61$0.00$0.03$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.28$0.62$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.30$0.64$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.31$0.64$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.31$0.65$0.02