Cornell Delta Phi Association FY2021 filing

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EIN 15-0536992 Unknown exempt organization Ithaca, NY
Form 990 (PDF)

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Revenue & expenses by yearFY2020–FY2025
Revenue
$425K
FY2021▲ +6%
Expenses
$288K
FY2021▼ -25%

Form 990 for the fiscal year ending June 2021 (IRS tax year 2020).


Offers housing, meals, and community for fraternity members. For fiscal year 2021 it reported $425K in revenue, $288K in expenses, and $1.4M in net assets.Pt I

Type
Unknown exempt organization · Nonprofit
Location
Ithaca, NY
Website
www.llenroc.org
Filings
6 on file (2020–2021)
Revenue
$425KFY2021
Expenses
$288K
Net assets
$1.4M
People
27
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Provided by the organization

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Size
$100K–1M
What they do
Offers housing, meals, and community for fraternity members.
Leadership
Derick Edinger · President
Money in and out
$425K revenue, $288K expenses
Bottom line
+32% surplus margin

What Funders Ask

6 questions, answered from this org's own filings

Will my donation be tax-deductible?

NEUTRAL

Not on file

IRS deductibility code is not on file for this EIN. See detail →

Can I donate to this org right now?

GOOD

No revocation on IRS record

This EIN does not appear on the IRS auto-revocation list. See detail →

Is this organization up to date?

GOOD

Filed FY2024 (typical filing lag)

Most recent Form 990 on file is for fiscal year 2024 (2 years ago). See detail →

Is it receiving grants from reputable foundations?

GOOD

1 funder — Cornell Delta Phi Educational Fund

1 distinct foundation funder(s) on file, $20K received in the most recent year with grants. See detail →

How is the money spent?

NEUTRAL

Not on file

Program vs. overhead split is not on file for this EIN's most recent filing. See detail →

What's its financial size and trend?

NEUTRAL

$100K–1M · ↑ +6% vs prior year

Revenue band $100K–1M, +6% versus the prior filing year (up). See detail →

Reported financial activity · FY2021
Total revenue
$425K
Pt VIII · Ln 12
Total expenses
$288K
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $137K
Surplus margin
+32%
revenue over expenses, this year

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Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$1.4M
FY2021▲ +8%
Total liabilities
$23K
FY2021▼ -57%
Revenue less expensesPt I · Ln 19$137K
Total assetsPt X · Ln 16$1.4M
Program-expense ratioPt IX · col B—
Voting members of governing bodyPt I · Ln 327
Independent voting membersPt I · Ln 427

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CCornell Delta Phi Association
EINHdr · item D15-0536992
Principal addressHdr · item CIthaca, NY
WebsiteHdr · item Jwww.llenroc.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a27
Independent voting membersPt VI · Ln 1b27
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Cornell Delta Phi Association executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2020.
01

To provide room and board to members of a college fraternity.

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants$241K · 57%
Program service revenue$184K · 43%
Contributions & grants57%$241K
Program service revenue43%$184K
Investment income$16
Total revenueLn 12$425K

Balance Sheet

Part X · end of year
CashLn 1$200K
Total assetsLn 16$1.4M
Total liabilitiesLn 26$23K
Total net assetsLn 32$1.4M
Months of cash on handcomputed8.3

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $200K · Operating expenses/yr $288K
8.3 months
Where the money goes
Program services
Program services — · Total expenses $288K
—
Management & General
Management & general — · Total expenses $288K
—
Fundraising
Fundraising — · Total expenses $288K
—
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $241K · Total revenue $425K
57%
Government reliance
Government grants — · Total revenue $425K
—
Earned-income share
Program service revenue $184K · Total revenue $425K
43%
Investment reliance
Investment income $16 · Total revenue $425K
<0.01%
Program self-sufficiency
Program service revenue $184K · Total expenses $288K
64%
Growth & trend
Revenue growth (YoY)
This year $425K · Prior year $402K
+6%
Net-asset trend (YoY)
End of year $1.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $425K · Expenses $288K
+32%
Liabilities-to-Assets
Total liabilities — · Total assets $1.4M
—
Net-asset ratio
Net assets $1.4M · Total assets $1.4M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.4M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Derick Edinger · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $288K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $27K · Total expenses $288K
9%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Fundraising cost ratio 0%——
Revenue growth 6%——
Investment management fee ratio 0.02%——
Legal fee ratio 0.3%——
Accounting fee ratio 6%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$20K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$522K revenue · ⤓ 990 PDF
FY2024$654K revenue · ⤓ 990 PDF
FY2023$345K revenue · ⤓ 990 PDF
FY2022$420K revenue · ⤓ 990 PDF
FY2021$425K revenue · viewing · ⤓ 990 PDF
FY2020$402K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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