Sigma Phi Epsilon Fraternity House Association

Nonprofit profile at a glance

EIN
237373494
IRS 990-EZ coverage
2020–2020
Forms available
Form 990-EZ 2020
Location
Peoria, IL, USA
Phone
3092327046
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Fraternal Societies

Reported finances

Revenue
$102,495
Expenses
$103,552
Assets
$166,951
Liabilities
$9,965

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

Leadership & pay

2 people listed

Executive titles in this filing

  • Scott Moon (President)

People named in this filing

  • Scott Moon (President)
  • Edward Smith (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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our Association's Primary purpose is to operate and manage the physical property of our college fraternity house on the campus of Bradley University in Peoria Illinois. We have 3 principle aims: A) Provide modern, safe & well-equipped facilities to house our members, B) Provide Food Services to the members of our fraternity, and C) Provide a pleasant atmosphere for our members to study, conduct meetings and hold social events.

What it reported doing in 2020

House operations for 15 members living in the fraternity house = 42,883.63 Food service costs for 15 members living in the fraternity house = 42,896.72 Benefits to 15 members living in the fraternity house = 9,654.60 Administration costs for 15 members living in the fraternity house = 8,117.19.

Operating model

Revenue model
Earned-program. 99% of the money available for current operations came from fees and other program revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 49% for direct work, and 51% for member benefits.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 43
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • 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: Limited

Sustainability

  • Operating margin: -1%; rating input score 23; 23rd percentile among comparable filings
  • Total-asset coverage ratio: 1.61; rating input score 67; 67th percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 40; 40th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 66; 66th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $104K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Operating margin scored 23/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 40/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.