Sigma Phi Epsilon Fraternity Ok Beta Chapter EIN 73-0582629 Form 990 (PDF) Claim this org

Sigma Phi Epsilon Fraternity Ok Beta Chapter

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Provides housing for undergraduate fraternity members. For fiscal year 2024 it reported $400K in revenue, $387K in expenses, and $113K in net assets.Pt I

Type
Mutual-benefit / member-serving · Nonprofit
Location
Edmond, OK
Filings
5 on file (2020–2024)
Revenue
$400KFY2024
Expenses
$387K
Net assets
$113K
People
14
Filings
5
Updates
0
More identity details & actions ⌄
EIN  73-0582629 Mutual-benefit / member-serving Edmond, OK
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides housing for undergraduate fraternity members.
Leadership
Bond Blackman · Social Chair
Money in and out
$400K revenue, $387K expenses
Bottom line
+3% surplus margin
Reported financial activity · FY2024
Total revenue
$400K
Pt VIII · Ln 12
Total expenses
$387K
Pt IX · Ln 25
Net assets
$113K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $13K
Where spending went · Part IX cols B–D
Program services $1.00
Surplus margin
+3%
revenue over expenses, this year▲ +406% vs prior filing year
Program spending
100%
of expenses reach programs0% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$400K
FY2024▲ +23%
Expenses
$387K
FY2024▲ +18%
Total assets
$113K
FY2024▲ +13%
Total liabilities
$0
FY2024
Total revenue
$400K
Pt VIII · Ln 12
Total expenses
$387K
Pt IX · Ln 25
Net assets
$113K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$13K
Total assetsPt X · Ln 16$113K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSigma Phi Epsilon Fraternity Ok Beta Chapter
EINHdr · item D73-0582629
Principal addressHdr · item CEdmond, OK
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOK
Exempt statusHdr · item I501(c)(7) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFMar 1967

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1b14
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
Social Chair
$0Pt VII · Sec A
VP Finance
$0Pt VII · Sec A
House Manage
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Chapter Advi
$0Pt VII · Sec A
VP Brotherho
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $387K of program spending, described in the organization's own filed words · FY2024.
01

Approximately 79 men were provided housing at the university of oklahoma.

$387Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$395K · 99%
Other revenue$6K · 1%
Program service revenue99%$395K
Other revenue1%$6K
Total revenueLn 12$400K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$387K
Total functional expensesLn 25$387K

Balance Sheet

Part X · end of year
CashLn 1$113K
Total assetsLn 16$113K
Total liabilitiesLn 26$0
Total net assetsLn 32$113K
Months of cash on handcomputed3.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $113K · Operating expenses/yr $387K
3.5 months
Where the money goes
Program services
Program services $387K · Total expenses $387K
100%
Management & General
Management & general $0 · Total expenses $387K
0%
Fundraising
Fundraising $0 · Total expenses $387K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $400K
0%
Government reliance
Government grants — · Total revenue $400K
Earned-income share
Program service revenue $395K · Total revenue $400K
99%
Investment reliance
Investment income $0 · Total revenue $400K
0%
Program self-sufficiency
Program service revenue $395K · Total expenses $387K
102%
Growth & trend
Revenue growth (YoY)
This year $400K · Prior year $325K
+23%
Revenue CAGR
FY2019 $158K · FY2024 $400K
+20%
Net-asset trend (YoY)
End of year $113K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $400K · Expenses $387K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $113K
Net-asset ratio
Net assets $113K · Total assets $113K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $113K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Bond Blackman · Reported title SOCIAL CHAIR · Highest reported compensation $0 · Total expenses $387K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $38K · Total expenses $387K
10%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Revenue growth 23%

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.

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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
FY2024$325K revenue · ⤓ 990 PDF
FY2023$329K revenue · ⤓ 990 PDF
FY2022$287K revenue · ⤓ 990 PDF
FY2021$170K revenue · ⤓ 990 PDF
FY2020$158K revenue · ⤓ 990 PDF

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Sources

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