Chi Phi Educational Trust EIN 58-6035103 Form 990 (PDF) Claim this org

Chi Phi Educational Trust

Not yet claimed Claim this org →

Promoting scholarship, character, and education to build better men and change lives. For fiscal year 2024 it reported $1.5M in revenue, $1.2M in expenses, and $6.8M in net assets.Pt I

Founded
1930
Type
Public charity (501(c)(3)) · Nonprofit
Location
Roswell, GA
Website
www.chiphi.org
Filings
5 on file (2020–2024)
Revenue
$1.5MFY2024
Expenses
$1.2M
Net assets
$6.8M
People
13
Filings
5
Updates
0
More identity details & actions ⌄
EIN  58-6035103 Public charity (501(c)(3)) Roswell, GA Founded 1930
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Chi Phi Educational Trust claims this page.

Know this organization? Claim it to add your story

Size
$1–10M
What they do
Promoting scholarship, character, and education to build better men and change lives.
Leadership
Laura Landry · Executive Director · $107K
Money in and out
$1.5M revenue, $1.2M expenses
Bottom line
60% program efficiency
Where the money goes · FY2024
Total revenue
$1.5M
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$6.8M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $326K
Where spending went · Part IX cols B–D
Program services $0.60 Management & general $0.21 Fundraising $0.18
Program efficiency
60%
of spending reaches programs▼ -14% vs prior filing year
Operating runway
58.2mo
months of highly liquid reserves at operating expense rate▲ +14% vs prior filing year
Surplus margin
+22%
revenue over expenses, this year▲ +52% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.5M
FY2024▲ +9%
Expenses
$1.2M
FY2024▼ -0.5%
Total assets
$6.9M
FY2024▲ +10%
Total liabilities
$102K
FY2024▼ -47%
Total revenue
$1.5M
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$6.8M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$326K
Total assetsPt X · Ln 16$6.9M
Program-expense ratioPt IX · col B60%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CChi Phi Educational Trust
EINHdr · item D58-6035103
Principal addressHdr · item CRoswell, GA
WebsiteHdr · item Jwww.chiphi.org
Year of formationHdr · item L1930
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFAug 1980

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$106,630Pt VII · Sec A
Vice-Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

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

NameFY2024FY2024FY2023FY2022
Laura Landry$106,630$94,930$88,100$85,800
Erin Andersen$6,504$32,856
Mackenzie Turner$5,233$13,312
Rachel Mason$5,500

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 Educational Trust executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

3 program services account for $697K of program spending, described in the organization's own filed words · FY2024.
01

Maintains funds that are restricted to support individuals from a particular chi phi chapter or who meet donor-designated criteria. These funds provided 80 scholarships to support higher education in north america.

$433Kprogram expense
02

Help build better men and change lives by supporting educational programs and leadership training to undergraduate students and chapters. Awarded educational grants to train 33 chapter presidents and 26 new member educators at the chi phi alphas and thetas academy.

$192Kprogram expense
03

Help build better men and position students for success by providing 39 academic scholarships. These scholarships are available to over 2,500 students. The trust also provided emergency grants to 2 individuals based on need.

$71Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Contributions & grants$1.3M · 85%
Investment income$228K · 15%
Contributions & grants85%$1.3M
Investment income15%$228K
Total revenueLn 12$1.5M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.60 Management & general $0.21 Fundraising $0.18
Program services60%$697K
Management & general21%$249K
Fundraising18%$213K
Total functional expensesLn 25$1.2M

Balance Sheet

Part X · end of year
CashLn 1$125K
Total assetsLn 16$6.9M
Total liabilitiesLn 26$102K
Total net assetsLn 32$6.8M
Months of cash on handcomputed1.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $5.5M · Operating expenses (Pt IX) $1.2M · Less non-cash grants $24K · Cash operating expenses/yr $1.1M
58.2 months
Where the money goes
Program services
Program services $697K · Total expenses $1.2M
60%
Management & General
Management & general $249K · Total expenses $1.2M
21%
Fundraising
Fundraising $213K · Total expenses $1.2M
18%
Cost to raise $1
Fundraising expense (3-yr avg) $154K · Solicited contributions (3-yr avg) $748K
$0.21 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.3M · Total revenue $1.5M
85%
Government reliance
Government grants — · Total revenue $1.5M
Earned-income share
Program service revenue $0 · Total revenue $1.5M
0%
Investment reliance
Investment income $228K · Total revenue $1.5M
+15%
Program self-sufficiency
Program service revenue $0 · Total expenses $1.2M
0%
Growth & trend
Revenue growth (YoY)
This year $1.5M · Prior year $1.4M
+9%
Revenue CAGR
FY2019 $563K · FY2024 $1.5M
+21%
Net-asset trend (YoY)
End of year $6.8M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.5M · Expenses $1.2M
+22%
Liabilities-to-Assets
Total liabilities — · Total assets $6.9M
Net-asset ratio
Net assets $6.8M · Total assets $6.9M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $5.4M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $6.9M
78%
People & payroll
Highest Reported Total Compensation
Individual Laura Landry · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $107K · Total expenses $1.2M
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $334K · Total expenses $1.2M
29%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 60%
Overhead ratio 21%
Fundraising cost ratio 17%
Revenue growth 9%

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 · received and paid
Grants received · FY2024
See all 7 funders →
Grants paid · 17 grants · $2.8M · 2019–2024
Chi Phi Fraternity INCGA · FY2024$192,383
Unitemized GrantFY2024$188,736
Unitemized GrantFY2024$1,020
Chi Phi Fraternity INCGA · FY2023$219,520
Unitemized GrantFY2023$213,940
Unitemized GrantFY2023$5,328
Unitemized GrantFY2022$285,791
Chi Phi Fraternity INCGA · FY2022$180,777
Unitemized GrantFY2022$31,405
Chi Phi Fraternity INCGA · FY2021$240,560
Unitemized GrantFY2021$199,126
Unitemized GrantFY2021$10,242
Chi Phi Fraternity INCGA · FY2020$350,046
Unitemized GrantFY2020$183,667
Chi Phi Fraternity INCGA · FY2019$246,998
Unitemized GrantFY2019$194,223

Similar Organizations

Closest in mission — by what they do
See all organizations like Chi Phi Educational Trust →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$1.4M revenue · ⤓ 990 PDF
FY2023$893K revenue · ⤓ 990 PDF
FY2022$584K revenue · ⤓ 990 PDF
FY2021$557K revenue · ⤓ 990 PDF
FY2020$563K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.