Civic Intelligence

Iowa Delta Alumni Corp-Sigma Phi Ep

EIN 91-2085519 • 501(c)7 • Des Moines, IA

Profile

Provide chapter housing for educational fraternity

505 5th Ave Ste 729Des Moines, IA 50309-2318
Siviq Scores

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

Liabilities / Assets

88th percentile

0.56x

Higher debt load relative to assets than 88% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

90th percentile

1.10x

Higher debt load relative to revenue than 90% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Net Margin

48th percentile

4.0%

Higher net margin than 48% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)7 • $500k-$1M nonprofits • Source year 2024

Asset Growth

62nd percentile

5.6%

Faster asset growth than 62% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

5th percentile

-32%

Faster revenue growth than 5% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$508,791

Down $35,913 (-6.6%) from 2021

Liabilities

Down

$336,457

Down $2,183 (-0.6%) from 2021

Net Assets

Down

$172,334

Down $33,730 (-16%) from 2021

Revenue

Up

$269,088

Up $117,795 (+78%) from 2021

Expenses

Up

$302,818

Up $99,745 (+49%) from 2021

Net Income

Up

-$33,730

Up $18,050 (+35%) from 2021

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $831,482Liabilities 2011: $402,171Net Assets 2011: $429,3112011Assets 2012: $762,286Liabilities 2012: $347,260Net Assets 2012: $415,0262012Assets 2013: $710,977Liabilities 2013: $315,631Net Assets 2013: $395,3462013Assets 2014: $675,053Liabilities 2014: $287,552Net Assets 2014: $387,5012014Assets 2015: $648,008Liabilities 2015: $263,215Net Assets 2015: $384,7932015Assets 2016: $618,630Liabilities 2016: $257,288Net Assets 2016: $361,3422016Assets 2017: $724,110Liabilities 2017: $379,369Net Assets 2017: $344,7412017Assets 2018: $721,329Liabilities 2018: $365,590Net Assets 2018: $355,7392018Assets 2019: $651,192Liabilities 2019: $353,240Net Assets 2019: $297,9522019Assets 2020: $594,475Liabilities 2020: $336,631Net Assets 2020: $257,8442020Assets 2021: $544,704Liabilities 2021: $338,640Net Assets 2021: $206,0642021Assets 2022: $508,791Liabilities 2022: $336,457Net Assets 2022: $172,3342022

Highlighted filing

2022

Assets$508,791
Liabilities$336,457
Net Assets$172,334

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $213,986Expenses 2011: $177,936Net Income 2011: $36,0502011Revenue 2012: $141,656Expenses 2012: $148,553Net Income 2012: -$6,8972012Revenue 2013: $141,509Expenses 2013: $161,189Net Income 2013: -$19,6802013Revenue 2014: $176,697Expenses 2014: $184,542Net Income 2014: -$7,8452014Revenue 2015: $236,418Expenses 2015: $239,126Net Income 2015: -$2,7082015Revenue 2016: $212,239Expenses 2016: $235,690Net Income 2016: -$23,4512016Revenue 2017: $229,009Expenses 2017: $245,604Net Income 2017: -$16,5952017Revenue 2018: $265,661Expenses 2018: $254,663Net Income 2018: $10,9982018Revenue 2019: $274,367Expenses 2019: $285,440Net Income 2019: -$11,0732019Revenue 2020: $223,467Expenses 2020: $263,575Net Income 2020: -$40,1082020Revenue 2021: $151,293Expenses 2021: $203,073Net Income 2021: -$51,7802021Revenue 2022: $269,088Expenses 2022: $302,818Net Income 2022: -$33,7302022

Highlighted filing

2022

Revenue$269,088
Expenses$302,818
Net Income-$33,730

Filings

Latest Detailed Filing

The latest 2022 filing currently has summary financial data only. Showing the latest detailed filing from 2016 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Dec 14, 2016
Return Version
2015v2.1
Gross Receipts
$214,714
Mission and Program Overview

Mission

Provide chapter housing for educational fraternity

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$598,345$566,332▼ $32,013
Savings and Temporary Cash Investments$33,518$34,394▲ $876
Intangible Assets$3,343$11,345▲ $8,002
Cash and Non-Interest-Bearing Accounts$12,802$6,559▼ $6,243
Total Assets$648,008$618,630▼ $29,378
Liabilities
Other Liabilities$263,215$257,288▼ $5,927
Total Liabilities$263,215$257,288▼ $5,927
Net Assets / Fund Balance
Unrestricted Net Assets$384,793$361,342▼ $23,451
Total Net Assets Fund Balance$384,793$361,342▼ $23,451
Total Liabilities and Net Assets / Fund Balance$648,008$618,630▼ $29,378

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$515,732$365,675$881,407
Land$50,600-$50,600
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gary OrdwayPresident
Larry MartindaleSecretary
Jeff EdgarsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$215,774
Investment Income
$-3,535
Other Revenue
$0
Change in Net Assets
$-23,451
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$235,690
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
Occupancy$172,353--$172,353
Depreciation Depletion$33,426--$33,426
Interest$19,712--$19,712
Other Expenses$4,109--$4,109
Fees for Services Accounting$1,590--$1,590
Total Functional Expenses$235,690$0$0$235,690
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
National Mortgage Loan$264,168
Deferred Funding$-282
National Escrow Account$-6,598
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Officers and board members reviewed financial information and disclosures before filing form 990

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Iowa Delta Alumni Corp-sigma Phi Ep
EIN
91-2085519
Phone
5152832147
Address
505 5TH AVE STE 729, DES MOINES, IA 50309-2318

Signing Officer

Name
Jeff Edgars
Title
Treasurer
Phone
5152554785
Signed
2016-12-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary Ordway
Formed
1948
Legal Domicile
Ia
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Midwest Financial Consultants Inc
Address
1903 46TH ST, DES MOINES, IA 50310-3028
Preparer
Brian Drevs Ea
Phone
5152774778
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Provide chapter housing for members

Raw XML Appendix269 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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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)7 • $500k-$1M nonprofits