Chi Omega Fraternity Sigma Epsilon Chapter
Nonprofit profile at a glance
- EIN
- 626074044
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023
- Location
- Nashville, TN, USA
- Phone
- 6153900405
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $204,781
- Expenses
- $203,065
- Assets
- $243,021
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
People named in this filing
- ANGIE MCANULTY (PERSONNEL)
- CLARA CHANDLER DEATON (RECRUITMENT)
- JANE SHARP (FINANCIAL)
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
To promote lasting and enduring friendships among its members. To foster higher standards of intellectual achievement and ethical behavior among its members. To promote the education of its members and to promote the educational and social milieu of the college where its chapter of chi omega fraternity is established and to promote the development of education andadvancement in life of its members.
What it reported doing in 2024
To promote lasting and enduring friendships among its members. To foster higher standards of intellectual achievement and ethical behavior among its members. To promote the education of its members and to promote the educational and social milieu of the college where its chapter of chi omega fraternity is established and to promote the development of education and advancement in life of its members.
Operating model
- Revenue model
- Membership-supported. 100% of the money available for current operations came from membership dues.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 90
- Accountability: 82
- Sustainability: 50
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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: 4 of 7 controls in place; rating input score 57
- 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: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 0.8%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 1.2; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 3.4% per year; rating input score 100; 43rd percentile among comparable filings
- Asset growth: -0.5% per year; rating input score 0; 23rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 14 of 14 board members independent · 4 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $203K in reported program spending
- Leadership: top reported pay $0 · 14 people listed
- Consistency: 11 of 11 current checks pass
- Schedules: 1 filed schedules
- 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: 2 of 6 not reported.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 41/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.