Civic Intelligence

Kappa Sigma Nu Association Inc

990 • Fiscal year 2018 • EIN 93-0687567

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 11, 2019

120 NW 13th StCorvallis, OR 97330

(512) 964-2917

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.37x

Higher debt load relative to assets than 62% of similar nonprofits.

2018 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

73rd percentile

1.09x

Higher debt load relative to revenue than 73% of similar nonprofits.

2018 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2018

Net Margin

98th percentile

76%

Higher net margin than 98% of similar nonprofits.

2018 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2018 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2018

Asset Growth

98th percentile

119%

Faster asset growth than 98% of similar nonprofits.

2018 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

92nd percentile

28%

Faster revenue growth than 92% of similar nonprofits.

2018 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,620,499

Up $879,058 (+119%) from 2017

Net Assets

Up

$1,015,275

Up $421,763 (+71%) from 2017

Liabilities

Up

$605,224

Up $457,295 (+309%) from 2017

Revenue

Up

$556,304

Up $121,966 (+28%) from 2017

Expenses

Up

$135,952

Up $45,292 (+50%) from 2017

Net Income

Up

$420,352

Up $76,674 (+22%) from 2017

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: $244,869Liabilities 2010: $128,395Net Assets 2010: $116,4742010Assets 2011: $243,889Liabilities 2011: $113,913Net Assets 2011: $129,9762011Assets 2012: $245,197Liabilities 2012: $97,812Net Assets 2012: $147,3852012Assets 2013: $268,197Liabilities 2013: $108,623Net Assets 2013: $159,5742013Assets 2014: $287,910Liabilities 2014: $88,132Net Assets 2014: $199,7782014Assets 2015: $294,342Liabilities 2015: $108,650Net Assets 2015: $185,6922015Assets 2016: $375,486Liabilities 2016: $125,652Net Assets 2016: $249,8342016Assets 2017: $741,441Liabilities 2017: $147,929Net Assets 2017: $593,5122017Assets 2018: $1,620,499Liabilities 2018: $605,224Net Assets 2018: $1,015,2752018Assets 2019: $1,648,610Liabilities 2019: $630,720Net Assets 2019: $1,017,8902019Assets 2020: $1,793,552Liabilities 2020: $527,863Net Assets 2020: $1,265,6892020Assets 2021: $1,680,760Liabilities 2021: $448,698Net Assets 2021: $1,232,0622021Assets 2022: $1,555,817Liabilities 2022: $352,995Net Assets 2022: $1,202,8222022Assets 2023: $1,535,883Liabilities 2023: $365,589Net Assets 2023: $1,170,2942023Assets 2024: $1,419,173Liabilities 2024: $275,051Net Assets 2024: $1,144,1222024

Highlighted filing

2018

Assets$1,620,499
Liabilities$605,224
Net Assets$1,015,275

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $58,527Expenses 2010: $52,978Net Income 2010: $5,5492010Revenue 2011: $74,017Expenses 2011: $60,515Net Income 2011: $13,5022011Revenue 2012: $86,835Expenses 2012: $69,426Net Income 2012: $17,4092012Revenue 2013: $89,180Expenses 2013: $76,991Net Income 2013: $12,1892013Revenue 2014: $107,758Expenses 2014: $67,554Net Income 2014: $40,2042014Revenue 2015: $126,570Expenses 2015: $140,658Net Income 2015: -$14,0882015Revenue 2016: $190,120Expenses 2016: $125,977Net Income 2016: $64,1432016Revenue 2017: $434,338Expenses 2017: $90,660Net Income 2017: $343,6782017Revenue 2018: $556,304Expenses 2018: $135,952Net Income 2018: $420,3522018Revenue 2019: $150,611Expenses 2019: $147,996Net Income 2019: $2,6152019Revenue 2020: $411,839Expenses 2020: $164,040Net Income 2020: $247,7992020Revenue 2021: $125,008Expenses 2021: $158,635Net Income 2021: -$33,6272021Revenue 2022: $120,804Expenses 2022: $150,044Net Income 2022: -$29,2402022Revenue 2023: $136,851Expenses 2023: $169,379Net Income 2023: -$32,5282023Revenue 2024: $129,987Expenses 2024: $156,159Net Income 2024: -$26,1722024

Highlighted filing

2018

Revenue$556,304
Expenses$135,952
Net Income$420,352
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 11, 2019
Return Version
2018v3.1
Gross Receipts
$582,893
Mission and Program Overview

Mission

Kapppa sigma nu association, inc. Is the house corporation for the phi delta theta chapter at oregon state university. As alums of the chapter, kappa sigma nu provides lower cost room and board to current full-time students while attending oregon state university. It is the house corporation's responsibility to upkeep study rooms and the facility. The facility acts as the meeting place for alumni and actives for social and other related campus activities.

Kappa sigma nu association, inc. Is the house corporation for the phi delta theta chapter at oregon state university. As alums of the chapter, kappa sigma nu provides lower cost room and board to current full-time students while attending oregon state university. It is the house corporation's responsibility to upkeep study rooms and the facility. The facility acts as the meeting place for alumni and actives for social and other related campus activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$582,083$1,539,679▲ $957,596
Rtn Earn Endowment Incm Other Fnds$594,923$1,015,275▲ $420,352
Cash and Non-Interest-Bearing Accounts$142,474$51,228▼ $91,246
Intangible Assets-$12,060-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$741,441$1,620,499▲ $879,058
Other Assets Total$16,884$17,532▲ $648
Liabilities
Mortgage Notes Payable Secured by Investment Property$0$500,000▲ $500,000
Accounts Payable and Accrued Expenses$146,518$105,224▼ $41,294
Total Liabilities$146,518$605,224▲ $458,706
Net Assets / Fund Balance
Total Net Assets Fund Balance$594,923$1,015,275▲ $420,352
Total Liabilities and Net Assets / Fund Balance$741,441$1,620,499▲ $879,058

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,491,534$640,816$2,132,350
Land$41,978-$41,978
Other Land Buildings$6,167$24,394$30,561
Compensation and Service Providers

Board Members and Trustees

NameTitle
John LidstromChair
Garrett JohnsonActive President
Steve WalkerVice Chair
Aaron KersokyMember at Large
Chase FettigMember at Large
Chon MadrigalMember at Large
David SlyMember at Large
Eric FettigMember at Large
Luke EliersMember at Large
Paul ClemMember at Large
Peter FalhmanMember at Large
Erin HaynesSecretary
Henry JohnsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$460,342
Program Service Revenue
$105,000
Investment Income
$-11,680
Other Revenue
$2,642
All Other Contributions
$460,342
Change in Net Assets
$420,352
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$100,773
Professional Fundraising Fees$35,179
Grants and Similar Amounts Paid$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Professional Fundraising---$35,179
Occupancy---$35,014
Depreciation Depletion---$27,081
Conferences and Meetings---$5,143
Fees for Services Accounting---$550
Other Expenses---$179
All Other Expenses---$132
Total Functional Expenses$0$0$0$135,952
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$35,179
Fundraising Gross Income$17,538
Fundraising Direct Expenses$14,896
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Copy of 990 is available to organization's governing body before being filed.

Form 990, Part VI, Section B, Line 12

Conflict of interest statements are reviewed on an annual basis and as necessary during the year.

Form 990, Part VI, Section C, Line 18

Form 990 is available on guidestar.org and upon request.

Form 990, Part VI, Section C, Line 19

Organization documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Kappa Sigma Nu Association Inc
EIN
93-0687567
Phone
5129642917
Address
120 NW 13TH ST, CORVALLIS, OR 97330

Signing Officer

Name
Henry Johnson
Title
Treasurer
Phone
5129642917
Signed
2019-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Henry Johnson
Formed
1920
Legal Domicile
Or
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
13

Preparer

Firm
Anderson Group Cpas LLC
Address
2165 NW PROFESSIONAL DR STE 101, CORVALLIS, OR 97330
Preparer
Kristen Gose CPA
Phone
5417572070
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IRS990/ProgramServiceRevenueGrp/Desc0CHAPTER RENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0105000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0105000
IRS990/ProgSrvcAccomActy2Grp/Desc0NONE
IRS990/ProgSrvcAccomActy3Grp/Desc0NONE
IRS990/ProgSrvcAccomActyOtherGrp/Desc0NONE
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0329821
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt08
IRS990/PYOtherExpensesAmt061625
IRS990/PYOtherRevenueAmt0-491
IRS990/PYProgramServiceRevenueAmt0105000
IRS990/PYRevenuesLessExpensesAmt0343678
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt090660
IRS990/PYTotalProfFndrsngExpnsAmt029035
IRS990/PYTotalRevenueAmt0434338
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0420352
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0594923
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01015275
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/BookValueAmt01491534
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0640816
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02132350
IRS990ScheduleD/LandGrp/BookValueAmt041978
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt041978
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06167
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt024394
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt030561
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01539679
IRS990ScheduleG/AgrmtProfFundraisingActyInd01
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0FUNDRAISING FOR CAPITAL CAMPAIGN
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt1FUNDRAISING FOR CAPITAL CAMPAIGN
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd10
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt10
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0-14312
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt1-20382
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0PENNINGTON & COMPANY INC
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt1PHI DELTA THETA EDUCATION FOUNDATION
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt014312
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt120382
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0501 GATEWAY DR A
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt12 SOUTH CAMPUS AVE
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0LAWRENCE
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm1OXFORD
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0KS
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd1OH
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd066049
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd1450561801
IRS990ScheduleG/LicensedStatesCd0AL
IRS990ScheduleG/LicensedStatesCd1AK
IRS990ScheduleG/LicensedStatesCd2AZ
IRS990ScheduleG/LicensedStatesCd3AR
IRS990ScheduleG/LicensedStatesCd4CA
IRS990ScheduleG/LicensedStatesCd5CO
IRS990ScheduleG/LicensedStatesCd6CT
IRS990ScheduleG/LicensedStatesCd7DE
IRS990ScheduleG/LicensedStatesCd8FL
IRS990ScheduleG/LicensedStatesCd9GA
IRS990ScheduleG/LicensedStatesCd10HI
IRS990ScheduleG/LicensedStatesCd11ID
IRS990ScheduleG/LicensedStatesCd12IL
IRS990ScheduleG/LicensedStatesCd13IN
IRS990ScheduleG/LicensedStatesCd14IA
IRS990ScheduleG/LicensedStatesCd15KS
IRS990ScheduleG/LicensedStatesCd16KY
IRS990ScheduleG/LicensedStatesCd17LA
IRS990ScheduleG/LicensedStatesCd18ME
IRS990ScheduleG/LicensedStatesCd19MD
IRS990ScheduleG/LicensedStatesCd20MA
IRS990ScheduleG/LicensedStatesCd21MI
IRS990ScheduleG/LicensedStatesCd22MN
IRS990ScheduleG/LicensedStatesCd23MS
IRS990ScheduleG/LicensedStatesCd24MO
IRS990ScheduleG/LicensedStatesCd25MT
IRS990ScheduleG/LicensedStatesCd26NE
IRS990ScheduleG/LicensedStatesCd27NV
IRS990ScheduleG/LicensedStatesCd28NH
IRS990ScheduleG/LicensedStatesCd29NJ
IRS990ScheduleG/LicensedStatesCd30NM
IRS990ScheduleG/LicensedStatesCd31NY
IRS990ScheduleG/LicensedStatesCd32NC
IRS990ScheduleG/LicensedStatesCd33ND
IRS990ScheduleG/LicensedStatesCd34OH
IRS990ScheduleG/LicensedStatesCd35OK
IRS990ScheduleG/LicensedStatesCd36OR
IRS990ScheduleG/LicensedStatesCd37PA
IRS990ScheduleG/LicensedStatesCd38RI
IRS990ScheduleG/LicensedStatesCd39SC
IRS990ScheduleG/LicensedStatesCd40SD
IRS990ScheduleG/LicensedStatesCd41TN
IRS990ScheduleG/LicensedStatesCd42TX
IRS990ScheduleG/LicensedStatesCd43UT
IRS990ScheduleG/LicensedStatesCd44VT
IRS990ScheduleG/LicensedStatesCd45VA
IRS990ScheduleG/LicensedStatesCd46WA
IRS990ScheduleG/LicensedStatesCd47WV
IRS990ScheduleG/LicensedStatesCd48WI
IRS990ScheduleG/LicensedStatesCd49WY
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/TotalNetToOrganizationAmt0-34694
IRS990ScheduleG/TotalRetainedByContractorsAmt034694
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COPY OF 990 IS AVAILABLE TO ORGANIZATION'S GOVERNING BODY BEFORE BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICT OF INTEREST STATEMENTS ARE REVIEWED ON AN ANNUAL BASIS AND AS NECESSARY DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS AVAILABLE ON GUIDESTAR.ORG AND UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ORGANIZATION DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0741441
IRS990/TotalAssetsEOYAmt01620499
IRS990/TotalAssetsGrp/BOYAmt0741441
IRS990/TotalAssetsGrp/EOYAmt01620499
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0460342
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0135952
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0146518
IRS990/TotalLiabilitiesEOYAmt0605224
IRS990/TotalLiabilitiesGrp/BOYAmt0146518
IRS990/TotalLiabilitiesGrp/EOYAmt0605224
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0594923
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01015275

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.42$0.28$1.14$0.13$0.16$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.54$0.37$1.17$0.14$0.17$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.56$0.35$1.20$0.12$0.15$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.68$0.45$1.23$0.13$0.16$0.03
2020Detailed filing. Detailed filing data is available for this year.$1.79$0.53$1.27$0.41$0.16$0.25
2019Detailed filing. Detailed filing data is available for this year.$1.65$0.63$1.02$0.15$0.15$0.00
2018Detailed filing. Detailed filing data is available for this year.$1.62$0.61$1.02$0.56$0.14$0.42
2017Detailed filing. Detailed filing data is available for this year.$0.74$0.15$0.59$0.43$0.09$0.34
2016Detailed filing. Detailed filing data is available for this year.$0.38$0.13$0.25$0.19$0.13$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.29$0.11$0.19$0.13$0.14$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.29$0.09$0.20$0.11$0.07$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.27$0.11$0.16$0.09$0.08$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.10$0.15$0.09$0.07$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.11$0.13$0.07$0.06$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.13$0.12$0.06$0.05$0.01