Chi Phi Fraternity INC

Not tax-deductible

Roswell, GA501(c)(7)Since 1824Mutual / membership EIN 58-0191430Revenue $1.8M in FY2025Latest return filed May 14, 2026

On file with the IRSchiphi.orgRoswell, GATax-exempt since May 1987

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To build better men through lifelong friendships, leadership opportunities, and character development.

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 58-0191430) · Dispute this line
501(c)(7) social or recreational club; gifts are not tax-deductible as charitable contributions.
Run by 20 volunteers and 13 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $120K a year · 7% of revenue · last 6 filings
A surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Pay to officers and key staff
$264K
to officers and key staff · 15% of spending
Pay to officers and key staff is 15% of spending.
Part VII, Section A
3.1 mo
of spending, in cash
Plus $1.2M in investments, Pt X · Ln 11–13
3.1 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $192K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$200K
9% of total assets
Liabilities are 9% of assets.
Pt X · Ln 26
Independent board members
9
of 9 voting members
9 of 9 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$1.8M
+2% vs prior year
Spent
$1.8M
Net assets
$2.1M
By yearFY2020–FY2025
Revenue
$1.8M
FY2025▲ +2%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.7M
FY2021$1.4M
FY2022$1.6M
FY2023$1.7M
FY2024$1.8M
FY2025$1.8M
Expenses
$1.8M
FY2025▲ +8%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.7M
FY2021$1.2M
FY2022$1.4M
FY2023$1.6M
FY2024$1.7M
FY2025$1.8M
Net assets
$2.1M
FY2025▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.2M
FY2021$1.5M
FY2022$1.6M
FY2023$1.8M
FY2024$2.0M
FY2025$2.1M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1987.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

11 people listed on the 990; $264K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Director
$159,549Pt VII · Sec A
Associate Executive Director
$104,892Pt VII · Sec A
Grand Gamma (secretary)
$0Pt VII · Sec A
Grand Delta (treasurer)
$0Pt VII · Sec A
$0Pt VII · Sec A
Grand Alpha (president)
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Michael Joseph Azarian$159,549—————
Michael Azarian—$153,413$138,965$133,454$121,555$129,784
Barbre Berris$104,892$101,200————
Daniel Coutcher————$43,260—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Chi Phi Fraternity INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Develops men through friendships, leadership, and character building.

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2 programs · in their own filed words · FY2024
01

Sponsors group liability insurance program for all chapters and provides programs to educate members regarding risk management and compliance with the fraternity's risk management policy.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 58-0191430) · Dispute this line
Pt IX · Ln 25 · col B
02

Supports the operations of 53 chapters

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 58-0191430) · Dispute this line
Pt IX · Ln 25 · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$192K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$1.8M
Ln 12
Fees for servicesLn 2g$1.5M
Gifts and grantsLn 1h$197K
Investment incomeLn 3$104K
Money outPt IX
$1.8M
Ln 25
Owns and owesPt X
$2.1M
net assets · Ln 32
Cash and savingsLn 1–2$472K
Total assetsLn 16$2.3M
LiabilitiesLn 26$200K
PeoplePt VI, VII
11
listed · VII A
PaidVII A2
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$197K
Fees for servicesLn 2g$1.5M
Investment incomeLn 3$104K
Other incomeLn 4–11$24K
Total revenueLn 12$1.8M
Assets in detailPt X, end of year
CashLn 1$368K
SavingsLn 2$104K
Cash and savings togetherLn 1–2$472K
Accounts receivableLn 4$213K
Inventories for sale or useLn 8$57K
Prepaid expenses and deferred chargesLn 9$175K
Land, buildings, equipmentLn 10c$7K
InvestmentsLn 11–13$1.2M
Other assetsLn 15$83K
Total assetsLn 16$2.3M
LiabilitiesLn 26$200K
Net assetsLn 32$2.1M
OperationsPt I, VI
EmployeesI 513
VolunteersI 620
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$858K$472K
InvestmentsLn 11–13$743K$1.2M
Land, buildings, equipmentLn 10c$14K$7K
Total assetsLn 16$2.2M$2.3M
LiabilitiesLn 26$188K$200K
Net assetsLn 32$2.0M$2.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$171K
Other salaries and wagesLn 7$468K
Pension plan contributionsLn 8$13K
Other employee benefitsLn 9$47K
Payroll taxesLn 10$52K
Legal feesLn 11b$25K
Accounting feesLn 11c$16K
Investment management feesLn 11f$5K
Other fees for servicesLn 11g$5K
Advertising and promotionLn 12$3K
Office expensesLn 13$34K
Information technologyLn 14$51K
TravelLn 17$62K
Conferences, conventions and meetingsLn 19$285K
Depreciation, depletion and amortizationLn 22$9K
InsuranceLn 23$295K
Other expenses (24a–d)Ln 24$255K
All other expensesLn 24e$11K
Total functional expensesLn 25$1.8M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS May 14, 2026 $1.8M$1.8M$8K$2.1M 990 PDF
FY2024Filed with the IRS May 14, 2025 $1.8M$1.7M$107K$2.0M 990 PDF
FY2023Filed with the IRS May 15, 2024 $1.7M$1.6M$176K$1.8M 990 PDF
FY2022Filed with the IRS May 15, 2023 $1.6M$1.4M$224K$1.6M 990 PDF
FY2021Filed with the IRS May 16, 2022 $1.4M$1.2M$196K$1.5M 990 PDF
FY2020Filed with the IRS May 14, 2021 $1.7M$1.7M$9K$1.2M 990 PDF

Schedules filed Part IV

B · Donors D · Assets and endowments J · Pay O · Explanations R · Related orgs
See the full FY2025 990
Part I · Summary $1,814,658 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $219,520$196,573
I-9 Program service revenuePrior year $1,414,547$1,490,082
I-10 Investment incomePrior year $21,386$104,463
I-11 Other revenuePrior year $125,862$23,540
I-12 Total revenuePrior year $1,781,315$1,814,658
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $756,395$750,377
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $918,325$1,056,528
I-18 Total expensesPrior year $1,674,720$1,806,905
I-19 Revenue less expensesPrior year $106,595$7,753
Part VI · Governance 9 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,814,658 across 7 lines filed
Lines not itemized here account for $7,988 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$196,573
VIII-1h Total contributions, gifts and grants$196,573
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,490,082$1,490,082
VIII-3 Investment incomeUnrelated business $104,463$104,463
VIII-5 RoyaltiesUnrelated business $12,061$12,061
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $3,491$3,491
VIII-12 Total revenueRelated to mission $1,501,561 · Unrelated business $116,524 · Excluded from tax $0$1,814,658
Part IX · Statement of functional expenses $1,806,905 across 18 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)$171,072
IX-7 Other salaries and wages$467,605
IX-8 Pension plan contributions$13,150
IX-9 Other employee benefits$47,001
IX-10 Payroll taxes$51,549
IX-11b Legal fees$24,935
IX-11c Accounting fees$15,826
IX-11f Investment management fees$5,169
IX-11g Other fees for services$5,297
IX-12 Advertising and promotion$2,834
IX-13 Office expenses$33,922
IX-14 Information technology$51,374
IX-17 Travel$61,595
IX-19 Conferences, conventions and meetings$285,299
IX-22 Depreciation, depletion and amortization$8,587
IX-23 Insurance$295,128
IX-24 Other expenses (24a–d)$255,375
IX-24e All other expenses$11,187
IX-25 Total functional expenses$1,806,905
Part X · Balance sheet $2,252,848 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $402,634$367,969
X-2 Savings and temporary cash investmentsStart of year $455,038$104,371
X-4 Accounts receivableStart of year $191,250$213,447
X-8 Inventories for sale or useStart of year $45,252$57,272
X-9 Prepaid expenses and deferred chargesStart of year $97,217$175,188
X-10c Land, buildings and equipment, netStart of year $13,674$6,847
X-11 Publicly traded securitiesStart of year $743,205$1,180,512
X-12 Other securities$64,672
X-15 Other assetsStart of year $243,168$82,570
X-16 Total assetsStart of year $2,191,438$2,252,848
X-17 Accounts payable and accrued expensesStart of year $96,633$95,307
X-19 Deferred revenueStart of year $91,065$104,521
X-26 Total liabilitiesStart of year $187,698$199,828
X-27 Net assets without donor restrictionsStart of year $2,003,740$2,053,020
X-28 Net assets with donor restrictions$0
X-32 Total net assets or fund balancesStart of year $2,003,740$2,053,020
X-33 Total liabilities and net assetsStart of year $2,191,438$2,252,848
Part XI · Reconciliation of net assets $2,053,020 net assets at year end
XI-1 Total revenue$1,814,658
XI-2 Total expenses$1,806,905
XI-3 Revenue less expenses$7,753
XI-4 Net assets at start of year$2,003,740
XI-5 Net unrealized gains (losses) on investments$59,663
XI-8 Prior period adjustments−$18,136
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,053,020

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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