Phi Alpha Chapter Chi Omega Fraternity

Nonprofit profile at a glance

EIN
263621206
IRS 990-EZ coverage
2009–2023
Forms available
Form 990-EZ 2023
Location
Washington, DC, USA
Phone
9543713391
Rating
44
Verdict
MIXED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$76,182
Expenses
$88,822
Assets
$158,214
Liabilities
$92,171

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • SOPHIA LICHTENSTEIN (CHAPTER PRESIDENT)
  • ELYSE ARRAGON (CHAPTER VICE PRESIDENT)

People named in this filing

  • SOPHIA LICHTENSTEIN (CHAPTER PRESIDENT)
  • ELYSE ARRAGON (CHAPTER VICE PRESIDENT)
  • KIELEY STALLINGS (CHAPTER SECRETARY)

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 2023. 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 2023

Conducted several events with all entry fees contributed directly to make-a-wish foundation in keeping with the chi omega national philantrophy, including: a basketball tournament involving teams from george Washington university's fraternities, various concert, merchandise orders, and food/meal events.

Operating model

Revenue model
Membership-supported. 88% 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. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 16
  • Transparency & Controls: 82
  • Sustainability: 38
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 25.5%; rating input score 26
  • 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: -16.6%; rating input score 27; 27th percentile among comparable filings
  • Total-asset coverage ratio: 1.78; rating input score 61; 61st percentile among comparable filings
  • Liabilities to assets ratio: 0.58; 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: Limited
  • Revenue growth: -5% per year; rating input score 0; 36th percentile among comparable filings
  • Asset growth: 20.9% per year; rating input score 100; 86th percentile among comparable filings

Details

  • Where the money goes: 25.5% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 15 filing years from 2009 to 2023
  • 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 26/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 27/100.
  • High — Sustainability: Liabilities to assets ratio scored 8/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.