Southeastern Interfraternity Conference

Nonprofit profile at a glance

EIN
237125626
IRS 990 coverage
2019–2021
Forms available
Form 990 2021, Form 990-EZ 2018
Location
Clemson, SC, USA
Phone
8646564928
Rating
59
Verdict
MIXED
Rating confidence
Moderate
Sector
Student Sororities, Fraternities

Official website

Reported finances

Revenue
$7,437
Expenses
$605
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • GARY WISER (EXECUTIVE DIRECTOR)
  • JACOB BIRENBAUM (PRESIDENT)

People named in this filing

  • GARY WISER (EXECUTIVE DIRECTOR)
  • STEPHEN DOMINY (ASSOCIATE EXECUTIVE DIRECT)
  • VICTOR TRAN (ASSISTANT EXECUTIVE DIRECT)

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 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The southeastern interfraternity conference (seifc) is a voluntary association of fraternity governing councils in the southeastern united states. Seifc is one of the six regional associations throughout north america designed to bring together institutions and individuals with a commitment to fraternity life on college and university campuses.

What it reported doing in 2021

The annual conference of the membership, usually in february, includes programs and awards in eleven programmatic areas and a leadership academy. The conference provides an opportunity for associate members to market to individual governing councils.

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
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

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 38
  • Transparency & Controls: 90
  • Accountability: 70
  • Sustainability: 54
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 8.1%; rating input score 8
  • Program expense ratio: 100%; rating input score 100
  • 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; 64th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • 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: 91.9%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -102.9% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: -2.3% per year; rating input score 0; 55th percentile among comparable filings
  • Asset growth: -3.4% per year; rating input score 0; 26th percentile among comparable filings

Details

  • Where the money goes: 8.1% of revenue deployed · 100% of spending went to programs
  • Governance: 8 of 8 board members independent · 2 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $605 in reported program spending
  • Leadership: top reported pay $0 · 14 people listed
  • Consistency: 10 of 10 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2019 to 2021
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • 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 8/100.
  • High — Accountability: Governance controls: 4 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • High — Growth: Asset growth scored 0/100.