Groove Phi Groove Sfi Dc Graduate Chapter
Nonprofit profile at a glance
- EIN
- 521855746
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990-EZ 2024
- Location
- Washington, DC, USA
- Phone
- 2024881612
- Rating
- 93
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Student Sororities, Fraternities
Reported finances
- Revenue
- $16,395
- Expenses
- $13,691
- Assets
- $20,668
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- JOHN HAYSLETT III (PRESIDENT DC GRADUATE CHAPTER)
People named in this filing
- BERNARD M GORDON JR (PRESIDING OFFICER, EBD)
- JOHN HAYSLETT III (PRESIDENT DC GRADUATE CHAPTER)
- LARRY W NEWELL (CHAIR EBD TAX-EXEMPT PROGRAM COMMITTEE)
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
Charitable and community activities.
What it reported doing in 2024
ADMINISTRATIVE & FUNDRAISING - The Chapter is currently funded by the concession stand program, annual membership fees, grants from the Groove Phi Groove International Office, and general individual donations. The Chapter pays all costs associated with chapter administration, program operations, donations, and related administrative expenses. During 2024 our fundraising through the concessions stand program returned fully. Our outreach to organizations continued as reflected in the Charitable & Community programs. We did many administrative activities virtually. Expenditures included our organizational obligations to the GPhiG International office ($550); IT (communications) costs to improve and maintain communications a new website ($1,005); committees activities ($1,614); fundraising (non-event type) expenditures ($175); memorials, sickness & family relief ($400); GL & bonding insurances ($657); DC Govt biennial Corp Fees ($210); P.O. Box and mailings ($236); Bank fees and inter accounts transfers ($5), and other transactions ($20).
Operating model
- Revenue model
- Other-operating. 90% of the money available for current operations came from other operating revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 64% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 90
- Transparency & Controls: 100
- Sustainability: 65
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.5%; rating input score 84
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 16.5%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 1.51; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 32.3% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: 28.1% per year; rating input score 100; 93rd percentile among comparable filings
- Asset growth: 28.8% per year; rating input score 100; 91st percentile among comparable filings
Details
- Where the money goes: 83.5% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $14K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 9 filing years from 2016 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 — Sustainability: Total-asset coverage ratio scored 58/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.