Quick charity verification for Chi Omega Fraternity (EIN: 20169295)
Verdict: Chi Omega Fraternity appears trustworthy
75/100Mission Score
$199KRevenue
$64KAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed functional expense breakdown in provided data, making precise program efficiency assessment difficult.
Strengths
Consistent growth in assets, from $9,095 in 201506 to $76,817 in 202406.
Zero reported liabilities across all 13 filings, indicating strong financial solvency.
Consistent reporting of 0% officer compensation, suggesting low administrative overhead.
Revenues generally exceed expenses, leading to positive net income in most periods (e.g., $191,466 revenue vs. $165,799 expenses in 202406).
Spending Breakdown
How Chi Omega Fraternity allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Chi Omega Fraternity
Is Chi Omega Fraternity a legitimate charity?
Based on AI analysis of IRS 990 filings, Chi Omega Fraternity (EIN: 20169295) appears trustworthy. Mission Score: 75/100. 1 red flag identified, 4 strengths noted.
Is Chi Omega Fraternity a good charity to donate to?
Chi Omega Fraternity has a Mission Score of 75/100. Revenue: $199K. Assets: $64K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Chi Omega Fraternity?
The Employer Identification Number (EIN) for Chi Omega Fraternity is 20169295. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Chi Omega Fraternity spend its money?
Chi Omega Fraternity allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Chi Omega Fraternity's tax-exempt status?
You can verify Chi Omega Fraternity's tax-exempt status using EIN 20169295 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Chi Omega Fraternity demonstrates consistent financial activity, with revenues generally exceeding expenses, leading to a steady growth in assets over the past decade. For instance, in the 202406 period, the organization reported revenues of $191,466 against expenses of $165,799, contributing to an asset base of $76,817. The organization consistently reports zero liabilities, indicating a strong balance sheet and no reliance on debt. This financial stability is a positive indicator of its ability to sustain operations.
The organization's spending efficiency appears sound, as expenses are consistently managed below revenue levels, preventing deficits in most years. The absence of reported officer compensation across all filings suggests that leadership may be volunteer-based or compensated through other means not captured in this specific line item, which can contribute to lower administrative overhead. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging.
Transparency is generally good given the consistent filing of IRS Form 990s over 13 periods. The consistent reporting of zero officer compensation is a notable aspect of its financial transparency. However, the lack of NTEE code information and a detailed functional expense breakdown in the provided data limits a deeper analysis of its programmatic focus and operational efficiency.