Eta Pi House Corporation C/o Riley Matsen

Nonprofit profile at a glance

EIN
541996207
IRS 990-EZ coverage
2010–2016
Forms available
Form 990-EZ 2016
Location
Mt Pleasant, SC, USA
Phone
8042529638
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Domestic Fraternal Societies

Reported finances

Revenue
$13,784
Expenses
$111,236
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • RILEY MATSEN (President/Director)

People named in this filing

  • RILEY MATSEN (President/Director)
  • Denise Doss (Treasurer/Director)
  • Erin Shelhorse (Secretary/Director)

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 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Eta Pi House Corporation is organized and shall operate exclusively for charitable or educational purposes by conducting or supporting activities for the benefit of, to perform the functions of, or to carry out the purposes for the pleasure, recreation and other nonprofitable purposes and activities; to promote lasting and enduring friendships among its members; to foster high standards of intellectual achievement and ethical behavior among its members; to promote the education of its members and promote the education and social milieu of the college where Eta Pi Chapter is established; to promote the development of education and advancement in the life of its members and to promote and foster the fraternal principles and ideals of Alpha Delta Pi Sorority.

What it reported doing in 2016

Management, maintenance, and supervision of property leased from Virginia Polytechnic University for the purpose of providing housing for students, in order to further the purposes and ideals of the Alpha Delta Pi Sorority.

Operating model

Revenue model
Membership-supported. 100% 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

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 82
  • Sustainability: 8
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -707%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st 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: -22.4% per year; rating input score 0; 18th percentile among comparable filings
  • Revenue growth: -2.4% per year; rating input score 0; 46th percentile among comparable filings
  • Asset growth: 2.9% per year; rating input score 100; 53rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2010 to 2016
  • 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 — Sustainability: Operating margin scored 2/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.