Chi Psi Fraternity

EIN 56-0548040 Mutual-benefit / member-serving Chapel Hill, NC
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Revenue & expenses by yearFY2021–FY2025
Revenue
$752K
FY2025▲ +2%
Expenses
$730K
FY2025▼ -2%

Form 990 for the fiscal year ending June 2025 (IRS tax year 2024).


Builds character and community through self-improvement and service. For fiscal year 2025 it reported $752K in revenue, $730K in expenses, and $28K in net assets.Pt I

Type
Mutual-benefit / member-serving · Nonprofit
Location
Chapel Hill, NC
Website
www.chipsiunc.org
Filings
5 on file (2021–2025)
Revenue
$752KFY2025
Expenses
$730K
Net assets
$28K
People
5
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Provided by the organization

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Size
$100K–1M
What they do
Builds character and community through self-improvement and service.
Leadership
Camden Dinkenor · Co-Lodge Manager & President
Money in and out
$752K revenue, $730K expenses
Bottom line
+3% surplus margin

What Funders Ask

From IRS filings

Tax-deductible?

warning No

Per the IRS master file. Details →

Can I give now?

good Yes — exemption reinstated (2014-11-15)

Per the IRS revocation list. Details →

Filing up to date?

good Filed FY2024 (typical filing lag)

Details →

Foundation funders?

good 1 funder — Chi Psi Fraternity

$6K in the latest grant year. Details →

Size and trend

$100K–1M

↑ +2% vs prior year Details →

Not in filings yet: spent on programs

Reported financial activity · FY2025
Total revenue
$752K
Pt VIII · Ln 12
Total expenses
$730K
Pt IX · Ln 25
Net assets
$28K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $22K
Surplus margin
+3%
revenue over expenses, this year▲ +649% vs prior filing year

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Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$28K
FY2025▲ +332%
Total liabilities
$0
FY2025
Revenue less expensesPt I · Ln 19$22K
Total assetsPt X · Ln 16$28K
Program-expense ratioPt IX · col B—
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CChi Psi Fraternity
EINHdr · item D56-0548040
Principal addressHdr · item CChapel Hill, NC
WebsiteHdr · item Jwww.chipsiunc.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(7) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFMay 1947

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
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 (FY2024); the FY2025 filing did not itemize Part VII
Co-Lodge Manager & President
$0Pt VII · Sec A
Treasurer (from Spring 25)
$0Pt VII · Sec A
Treasurer (thr Spring 25)
$0Pt VII · Sec A
Co-Lodge Manager
$0Pt VII · Sec A
Kitchen Manager
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services, described in the organization's own filed words · FY2024.
01

Participation in activities focused on community involvement and improvement. Examples include providing physical volunteers in the form of the members, but also holding philanthropic events that allow members to raise money for charities.

Pt IX · col B
02

Provision of room and board to the organization's active members. All current or "active" members of the organization are full-time students at the university of north carolina at chapel hill. Boarding is provided in order to foster community, brotherhood, and scholarship in an affordable, communal setting for the members.

Pt IX · col B
03

Provision of meals to organization members. Communal meals are provided in order to foster brotherhood and fraternity.

Pt IX · col B

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Statement of Revenue

Part VIII
Program service revenue$737K · 98%
Contributions & grants$15K · 2%
Program service revenue98%$737K
Contributions & grants2%$15K
Total revenueLn 12$752K

Balance Sheet

Part X · end of year
CashLn 1$28K
Total assetsLn 16$28K
Total liabilitiesLn 26$0
Total net assetsLn 32$28K
Months of cash on handcomputed0.5

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $28K · Operating expenses/yr $730K
0.5 months
Where the money goes
Program services
Program services — · Total expenses $730K
—
Management & General
Management & general — · Total expenses $730K
—
Fundraising
Fundraising — · Total expenses $730K
—
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $15K · Total revenue $752K
2%
Government reliance
Government grants — · Total revenue $752K
—
Earned-income share
Program service revenue $737K · Total revenue $752K
98%
Investment reliance
Investment income $0 · Total revenue $752K
0%
Program self-sufficiency
Program service revenue $737K · Total expenses $730K
101%
Growth & trend
Revenue growth (YoY)
This year $752K · Prior year $740K
+2%
Revenue CAGR
FY2020 $329K · FY2024 $752K
+23%
Net-asset trend (YoY)
End of year $28K · Beginning of year $7K
+332%
Balance sheet
Surplus Margin
Revenue $752K · Expenses $730K
+3%
Liabilities-to-Assets
Total liabilities $0 · Total assets $28K
0%
Net-asset ratio
Net assets $28K · Total assets $28K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $28K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Camden Dinkenor · Reported title CO-LODGE MANAGER & PRESIDENT · Highest reported compensation $0 · Total expenses $730K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $730K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Fundraising cost ratio 0%——
Revenue growth 2%——
Accounting fee ratio 0.7%——

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 · FY2020
Total grants receivedfrom 1 funder$6K

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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)$752K revenue · viewing · ⤓ 990 PDF
FY2024$740K revenue · ⤓ 990 PDF
FY2023$749K revenue · ⤓ 990 PDF
FY2022$557K revenue · ⤓ 990 PDF
FY2021$329K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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