Epsilon Alpha Chapter of Chi Omega
Nonprofit profile at a glance
- EIN
- 731386303
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990-EZ 2024
- Location
- Tulsa, OK, USA
- Phone
- 9187499474
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Student Services, Organizations of Students
Reported finances
- Revenue
- $6,589
- Expenses
- $4,823
- Assets
- $126,659
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- DEBORAH M LUTHEY (PRESIDENT)
People named in this filing
- DEBORAH M LUTHEY (PRESIDENT)
- KIM ANDERSON SHERROD (SECRETARY)
- SHERI BISHOP COLPITT (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization's primary exempt purpose is the promotion of university higher education of members of the epsilon alpha chapter of chi omega sorority at the university of Oklahoma. This will be accomplished by the making of grants and advances in the nature of scholarships to active members of the aforementioned sorority who demonstrate high academic achievement as well as through the purchase of personal property to be used exclusively for educational purposes at the sorority chapter house.
What it reported doing in 2024
The foundation provided 8 scholarships for sorority members in 2024. The foundation also provides study hall facilites and equipment which are used exclusively for studying and educational purposes.
Operating model
- Revenue model
- Investment-supported. 85% of the money available for current operations came from recurring investment income.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 82
- Sustainability: 72
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.9%; rating input score 70
- Program expense ratio: 82.9%; rating input score 83
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 26.8%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 26.26; rating input score 97; 97th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -1.6% per year; rating input score 0; 43rd percentile among comparable filings
- Revenue growth: -8.6% per year; rating input score 0; 27th percentile among comparable filings
- Asset growth: 2.3% per year; rating input score 100; 48th percentile among comparable filings
Details
- Where the money goes: 69.9% of revenue deployed · 82.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $4K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 12 filing years from 2012 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.