Chi Omega Fraternity

Nonprofit profile at a glance

EIN
756037508
IRS 990-EZ coverage
2018–2024
Forms available
Form 990-EZ 2024, Form 990-N 2015
Location
Canyon, TX, USA
Phone
8063369707
Rating
39
Verdict
REVIEW
Rating confidence
Moderate

Reported finances

Revenue
$74,301
Expenses
$79,314
Assets
$13,159
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • JORDAN BYRD (PRESIDENT)
  • MADI BANKS (VICE PRESIDENT)

People named in this filing

  • HANNA LANNOU (NEW MEMBER EDUCATOR)
  • JANIE FRANKS (PERSONNEL)
  • SHELBY MCCURDY (RECRUITMENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Chi omega fraternity is an intergenerational women's organization forever committed to their founding purposes:- friendship- personal integrity- service to others- academic excellence and intellectual pursuits- community and campus involvement- personal and career development

What it reported doing in 2024

Chi omega participates in community service projects that benefit the community.

Operating model

Revenue model
Membership-supported. 86% of the money available for current operations came from membership dues.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

REVIEW - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 3
  • Transparency & Controls: 82
  • Sustainability: 35
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 5.1%; rating input score 5
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -6.7%; rating input score 34; 34th percentile among comparable filings
  • Total-asset coverage ratio: 0.17; rating input score 15; 15th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 2.8% per year; rating input score 100; 63rd percentile among comparable filings
  • Asset growth: 19% per year; rating input score 100; 85th percentile among comparable filings

Details

  • Where the money goes: 5.1% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 7 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 5/100.
  • Moderate — Sustainability: Operating margin scored 34/100.
  • High — Sustainability: Total-asset coverage ratio scored 15/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.