Ox Psi Chapter Foundation Inc

Nonprofit profile at a glance

EIN
462415650
IRS 990-EZ coverage
2014–2024
Forms available
Form 990-EZ 2024
Location
Inver Grove Heights, MN, USA
Phone
6128453257
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Philanthropy, Charity, Voluntarism Promotion

Reported finances

Revenue
$32,311
Expenses
$36,446
Assets
$54,926
Liabilities
$0

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

Leadership & pay

5 people listed

Executive titles in this filing

  • GERALD L ZIMMERMAN JR (PRESIDENT)
  • JON GRAAN (VICE PRESIDENT)

People named in this filing

  • GERALD L ZIMMERMAN JR (PRESIDENT)
  • WILLIAM S GRIFFIN (SECRETARY)
  • JEFF ADAMS (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

Ox psi chapter foundation, inc. Has been formed to advance education, and to provide relief to the poor, distressed and underprivileged.

What it reported doing in 2024

Raise and expend funds associated with the educational space/areas within the ox psi chapter house advancing the educational purpose of the foundation

Operating model

Revenue model
Donor-supported. 95% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 100
  • Sustainability: 45
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 67.2%; rating input score 67
  • Program expense ratio: 58%; rating input score 58

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: -12.8%; rating input score 28; 28th 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: -35.5% per year; rating input score 0; 11th percentile among comparable filings
  • Revenue growth: -21% per year; rating input score 0; 14th percentile among comparable filings
  • Asset growth: 6.1% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 67.2% of revenue deployed · 58% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $21K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2014 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 — Financial Efficiency: Program expense ratio scored 58/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 28/100.
  • Review — Sustainability: Total-asset coverage ratio scored 58/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.