Psi Gamma Chapter of the Chi Omega Frat

Nonprofit profile at a glance

EIN
586066363
IRS 990-EZ coverage
2018–2020
Forms available
Form 990-EZ 2020
Location
Macon, GA, USA
Rating
63
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Student Sororities, Fraternities

Reported finances

Revenue
$75,995
Expenses
$66,331
Assets
$95,915
Liabilities
$15,828

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Elle Mahoney (President)
  • Katie Clamp (Vice President)

People named in this filing

  • Elle Mahoney (President)
  • Katie Clamp (Vice President)
  • Hannah Elmore (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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

This organization provides its members with social opportunities. The chapter host social gatherings and enables members to become involved with social events that take place on the university's campus. The organization also participates in philanthropic activities to raise money for charitable organizations such as Make-A- Wish GA. This organization promotes career and personal development in its members. Members have the opportunity to attend workshops aimed to prepare students for career success. And enables its members to build leadership skills by serving as officers as well as other positions within the organization.

What it reported doing in 2020

Social Organization as described in Schedule O

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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. Revenue has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 54
  • Transparency & Controls: 82
  • Sustainability: 51
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.3%; rating input score 87
  • 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: 12.7%; rating input score 62; 62nd percentile among comparable filings
  • Total-asset coverage ratio: 1.45; rating input score 45; 45th percentile among comparable filings
  • Liabilities to assets ratio: 0.17; rating input score 19; 19th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -38.7% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: 35.9% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 87.3% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 3 filing years from 2018 to 2020
  • 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 — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
  • High — Sustainability: Liabilities to assets ratio scored 19/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.