Tau Kappa Epsilon Fraternity Iota Zeta Chapter
Nonprofit profile at a glance
- EIN
- 166092860
- IRS 990-EZ coverage
- 2014–2014
- Forms available
- Form 990 2013, Form 990-EZ 2014
- Location
- Syracuse, NY, USA
- Phone
- 3154757213
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Student Sororities, Fraternities
Reported finances
- Revenue
- $181,529
- Expenses
- $176,465
- Assets
- $276,976
Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Albert Nead Jr (President)
- Sam Spellman (Vice President)
- Sam Angiuli (Vice President)
People named in this filing
- Albert Nead Jr (President)
- Sam Spellman (Vice President)
- Sam Angiuli (Vice President)
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 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide fraternal college experience for male students
What it reported doing in 2014
Provide room & Board and fellowship to college fraternity members. During 2014 there were an average of 50 members of the chapter with an average of 20 living in the house.
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
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 82
- Sustainability: 51
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.3%; rating input score 97
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 2.8%; rating input score 44; 44th percentile among comparable filings
- Total-asset coverage ratio: 1.57; rating input score 77; 77th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 66; 66th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -4.3% per year; rating input score 0; 17th percentile among comparable filings
- Asset growth: 15.6% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: 97.3% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $177K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 6 of 6 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 — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 44/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.