Chi Omega Fraternity Iota Alpha Chapter

Nonprofit profile at a glance

EIN
751025503
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Dallas, TX, USA
Phone
6305286242
Rating confidence
Limited

Official website

Reported finances

Revenue
$544,987
Expenses
$484,906
Assets
$230,657
Liabilities
$0

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

Leadership & pay

10 people listed

Executive titles in this filing

  • BELLA POSTORINO (PRESIDENT)
  • SOPHIE BIEDIGER (VICE PRESIDENT)

People named in this filing

  • BELLA POSTORINO (PRESIDENT)
  • SOPHIE BIEDIGER (VICE PRESIDENT)
  • CATERINA CRUCES (TREASURER)

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

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

Overview

Mission

Chi omega is a sisterhood that provides a network of friends and lifelong development for collegiate and alumnae members.

What it reported doing in 2024

Chi omega is a sisterhood that provides a network of friends and lifelong development for collegiate and alumnae members. Chi omega is committed to the following principles:*personal integrity - the iota alpha chapter strives to uphold high standards of personnel in all aspects of college life, including behavior at social events, presence on social media, and personal conduct, by keeping each other accountable for words and actions.*excellence in academic and intellectual pursuits - the iota alpha chapter finished first in grades for panhellenic last semester with a 3.59 average gpa. *community service - in the past year, the iota alpha chapter contributed 3,550 hours of community service in the dallas community and helped raise $257,112 for make-a-wish, our national philanthropy, with our annual silent auction and work it for wishes fashion show. Total donations made during fiscal year 2024-2025 were $2,079.*campus involvement - members of the iota alpha chapter are involved in over 30 campus organizations, including student senate, golf, best buddies, alternative breaks, relay for life, and student foundation.*sisterhood - the iota alpha chapter fosters friendships that grow based on diversity. Our love and deep respect is what makes our chapter one of the strongest sisterhoods on campus.*career/personal development - the iota alpha chapter strives to further our members' education by encouraging career and personal development. Members participate in internships for impressive companies like big 4 accounting firms, southwest airlines, and teach for america.

Operating model

Revenue model
Earned-program. 91% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 90
  • Accountability: 88
  • Sustainability: 56
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 11%; rating input score 63; 63rd percentile among comparable filings
  • Total-asset coverage ratio: 0.48; rating input score 22; 22nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 7.2% per year; rating input score 100; 55th percentile among comparable filings
  • Asset growth: 6.4% per year; rating input score 100; 45th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 10 of 10 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 13 filing years from 2011 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.

  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Total-asset coverage ratio scored 22/100.