Chi Omega Fraternity

Not tax-deductible

Statesboro, GA501(c)(7)EIN 81-4699138

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This is a collegiate chapter operating as an independent individual unit within the organization of a national social sorority. The organization's purpose is to further educational and social interests of members.

Mission: Form 990 Part I, line 1

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 3
filings with a surplus
Average deficit $26K a year · 12% of revenue · last 3 filings
Concern: a surplus in 0 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
1 mo
of spending, in cash
Fine: 1.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
32
of 32 voting members
Looks good: 32 of 32 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$206K
-0.2% vs prior year
Spent
$207K
To programs
0%
Net assets
$29K
By yearFY2021–FY2023
Revenue
$206K
FY2023-0.2%
Revenue by fiscal year
FY2021$228K
FY2022$207K
FY2023$206K
Expenses
$207K
FY2023▼ -19%
Expenses by fiscal year
FY2021$258K
FY2022$255K
FY2023$207K
Net assets
$29K
FY2023▼ -1%
Net assets by fiscal year
FY2021$71K
FY2022$30K
FY2023$29K

From the FY2023 Form 990 (year ending June 2023) · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in Dec 1940.

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

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Financial Ad
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
President
$0Pt VII · Sec A
See Chi Omega Fraternity executive salaries →

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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 15aNo

Programs and updates

Promotes educational and social interests for members through collegiate chapter activities.

Provided by the organization

This section is blank until Chi Omega Fraternity claims this page.

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1 program service, described in the organization's own filed words · FY2022.
01

This is a collegiate chapter operating as an independent individual unit within the organization of a national social sorority. The organization's purpose is to further educational and social interests of members.

Pt IX · col B

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By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$206K
Ln 12
Gifts and grantsLn 1h$206K
Investment incomeLn 3$19
Money outPt IX
$207K
Ln 25
Owns and owesPt X
$29K
net assets · Ln 32
Cash and savingsLn 1–2$23K
Total assetsLn 16$29K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a32
IndependentVI 1b32
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$206K
Investment incomeLn 3$19
Total revenueLn 12$206K
Assets in detailPt X, end of year
CashLn 1$23K
Cash and savings togetherLn 1–2$23K
Other assetsLn 15$6K
Total assetsLn 16$29K
LiabilitiesLn 26$0
Net assetsLn 32$29K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$23K$23K
Total assetsLn 16$30K$29K
LiabilitiesLn 26$0$0
Net assetsLn 32$30K$29K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Advertising and promotionLn 12$6K
Payments to affiliatesLn 21$3K
Other expenses (24a–d)Ln 24$197K
Total functional expensesLn 25$207K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest Viewing $206K$207K−$400$29K 990 PDF
FY2022 $207K$255K−$48K$30K 990 PDF
FY2021 $228K$258K−$31K$71K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $206,367 across 5 lines filed
VIII-1b Membership dues$147,003
VIII-1f All other contributions, gifts and grants$59,345
VIII-1h Total contributions, gifts and grants$206,348
VIII-3 Investment incomeRelated to mission $19$19
VIII-12 Total revenueRelated to mission $19$206,367
Part IX · Statement of functional expenses $206,767 across 3 lines filed
IX-12 Advertising and promotion$6,365
IX-21 Payments to affiliates$3,230
IX-24 Other expenses (24a–d)$197,172
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$206,767
Part X · Balance sheet $29,294 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $23,458$23,158
X-15 Other assetsStart of year $6,236$6,136
X-16 Total assetsStart of year $29,694$29,294
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $29,694$29,294
X-32 Total net assets or fund balancesStart of year $29,694$29,294
X-33 Total liabilities and net assetsStart of year $29,694$29,294
Part XI · Reconciliation of net assets $29,294 net assets at year end
XI-1 Total revenue$206,367
XI-2 Total expenses$206,767
XI-3 Revenue less expenses−$400
XI-4 Net assets at start of year$29,694
XI-10 Net assets at end of year$29,294

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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