Omega Chapter of Alpha Delta Pi House Corporation

Nonprofit profile at a glance

EIN
813514137
IRS 990 coverage
2017–2024
Forms available
Form 990 2024
Location
Baton Rouge, LA, USA
Phone
6015945494
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Recreational l Clubs

Reported finances

Revenue
$837,944
Expenses
$675,381
Assets
$1,362,219
Liabilities
$11,033

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • CAROL CRAIG (PRESIDENT)

People named in this filing

  • STACY DEMARTINI BURTON (DIRECTOR)
  • BARBARA CALDWELL DAIGLE (DIRECTOR)
  • TORRIE HEBERT (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

For 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 to promote the education and social milieu of the college where the omega 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 2024

To acquire, build, maintain, own or lease and operate real estate for the chapter house of the omega chapter, as constituted from time to time, for the promotion of the physical welfare of and social intercourse among such members, and to own, lease, maintain, repair, furnish and improve the same as a residence and/or meeting place of such members, and to do any and all things necessary or incident thereto; to acquire, purchase, sell, occupy, erect, maintain, hold, own, and lease such personal or real property as may be necessary or desirable to carrying out any of the forgoing purposes; and to assist with, order and approve any and all repairs and improvements on property leased to or owned by the omega chapter of alpha delta pi.

Operating model

Revenue model
Membership-supported. 79% 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.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 90
  • Accountability: 76
  • Sustainability: 72
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.7%; rating input score 79
  • Program expense ratio: 97.6%; rating input score 98
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 19.4%; rating input score 75; 75th percentile among comparable filings
  • Total-asset coverage ratio: 2.02; rating input score 65; 65th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 70; 70th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 1.2% per year; rating input score 100; 23rd percentile among comparable filings
  • Revenue growth: 3.1% per year; rating input score 100; 31st percentile among comparable filings
  • Asset growth: 17.8% per year; rating input score 100; 78th percentile among comparable filings

Details

  • Where the money goes: 78.7% of revenue deployed · 97.6% of spending went to programs
  • Governance: 7 of 7 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 8 filing years from 2017 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.

  • Moderate — Accountability: Governance controls: 3 of 6 not reported.