Texas Iota Alumni Corporation of Sigma Phi Epsilon
Nonprofit profile at a glance
- EIN
- 237426830
- IRS 990 coverage
- 2018–2020
- Forms available
- Form 990 2020
- Location
- Lubbock, TX, USA
- Phone
- 9725716408
- Rating confidence
- Limited
- Sector
- Recreational l Clubs
Reported finances
- Revenue
- $-21,067
- Expenses
- $0
- Assets
- $588,407
- Liabilities
- $308,984
Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- DORY WILEY (PRESIDENT)
People named in this filing
- JIN CHONG (TREASURER)
- CHRIS DEANS (SECRETARY)
- DORY WILEY (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. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide housing support for members of sigma phi epsilon Texas iota.
What it reported doing in 2020
To provide housing for members of sigma phi epsilon Texas iota.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 90
- Accountability: 70
- Sustainability: 12
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd 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; 63rd 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: -100%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: 0.53; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: -7.5% per year; rating input score 0; 17th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 3 of 3 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 13 of 13 current checks pass
- Schedules: 2 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 — Accountability: Governance controls: 4 of 6 not reported.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Operating margin scored 22/100.
- High — Sustainability: Liabilities to assets ratio scored 11/100.