Eta Lambda Chapter of Chi Omega
Nonprofit profile at a glance
- EIN
- 541688941
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990-EZ 2024
- Location
- Washington, DC, USA
- Phone
- 7073915825
- Rating
- 47
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $86,576
- Expenses
- $76,947
- Assets
- $58,793
- Liabilities
- $34,924
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- KATHERINE BOREK (CHAPTER PRESIDENT)
- ALANA BROCK (CHAPTER VICE PRESIDENT)
People named in this filing
- KATHERINE BOREK (CHAPTER PRESIDENT)
- ALANA BROCK (CHAPTER VICE PRESIDENT)
- LAURA BRANCO MARQUES (CHAPTER 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
Chi omega is a sisterhood that provides a network of friends and lifelong development for collegiate and alumnae members, committed to personal integrity, excellence in academic and intellectual pursuits, inter-generational participation, community service, leadership opportunities, and social enrichment.chi omega's vision is to be the premier national women's organization in the 21st century and to establish renewed value and respect for all women by promoting 1)high moral standards and ethics, 2) personal growth, 3) professional development, and 4) a network of friendship and support for life.
What it reported doing in 2024
Conducted/held several fundraising and awareness events such as make a wish foundation and eaglethon au benefitting several foundations, including but not limited to: make a wish foundation, legal aid dc, capitol area food bank, one love foundation, and breakthrough t1d. As well as providing support to various other foundations through the support of other american university sororities and fraternities.
Operating model
- Revenue model
- Membership-supported. 99% 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
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 13
- Transparency & Controls: 82
- Sustainability: 49
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 20.6%; rating input score 21
- 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: 11.1%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 0.76; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 0.59; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 3.8% per year; rating input score 100; 59th percentile among comparable filings
- Revenue growth: 0.9% per year; rating input score 100; 55th percentile among comparable filings
- Asset growth: 8.1% per year; rating input score 100; 67th percentile among comparable filings
Details
- Where the money goes: 20.6% 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: 11 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 — Financial Efficiency: Mission deployment rate scored 21/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- High — Sustainability: Liabilities to assets ratio scored 8/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.