Chi Omega Fraternity

Chi Omega Fraternity reported minimal financial activity and no officer compensation in its 2011 filing.

EIN: 16019084 · Orono, ME · NTEE: B83 · Updated: 2026-03-28

$0Revenue
$0Assets
65/100Mission Score (Good)
B83
Chi Omega Fraternity Financial Summary
MetricValue
Total Expenses$24K
Program Spending85%
Net Assets$8K
Transparency Score65/100

Is Chi Omega Fraternity Legit?

Some Concerns

LimitedFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Chi Omega Fraternity directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Chi Omega Fraternity

Chi Omega Fraternity (EIN: 16019084) is a nonprofit organization based in Orono, ME, classified under NTEE code B83. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chi Omega Fraternity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

86Years Operating
MicroSize Classification
1Years of Filings
StableRevenue Trajectory

Chi Omega Fraternity is a micro nonprofit that has been operating for 86 years.

Key Financial Metrics (2011)

From the most recent IRS 990 filing on record:

Total Revenue$24K
Total Expenses$24K
Surplus / Deficit+$345
Total Assets$8K
Net Assets$8K
Operating Margin1.4%
Months of Reserves3.8 months

Financial Health Grade: A

In 2011, Chi Omega Fraternity reported a surplus of $345 with revenue exceeding expenses, holds 3.8 months of operating reserves (adequate).

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1940

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Chi Omega Fraternity, based on its single available 2011 tax filing, appears to be a very small organization with limited financial activity. In 2011, it reported $24,293 in revenue and $23,948 in expenses, resulting in a modest surplus. Its assets were $7,527 with no reported liabilities, indicating a stable but minimal financial position. The organization did not report any officer compensation, which is a positive sign for a small entity regarding resource allocation directly to its mission. Given the limited data from a single filing over a decade ago, a comprehensive assessment of its current financial health, spending efficiency, or transparency is not possible. The NTEE code B83 typically refers to Fraternal Societies, which often have a different operational model than public charities. Without more recent or detailed filings, it's difficult to draw definitive conclusions about its long-term financial sustainability or impact.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Chi Omega Fraternity with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Chi Omega Fraternity allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2011)

From the most recent IRS 990 filing on record:

$24KTotal Revenue
$24KTotal Expenses
$8KTotal Assets
$8KNet Assets
  • The organization reported a surplus of $345, with revenue exceeding expenses.

Executive Compensation Analysis

The organization reported 0% officer compensation in 2011, indicating that no salaries were paid to its officers, which is common for very small, volunteer-run fraternal organizations.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Chi Omega Fraternity's IRS 990 filings:

  • Outdated financial data (latest filing from 2011)
  • Limited financial transparency due to single, old filing

Strengths

The following positive indicators were identified for Chi Omega Fraternity:

  • No reported officer compensation in 2011
  • Expenses ($23,948) were closely aligned with revenue ($24,293) in 2011, indicating fiscal prudence for that period
  • No reported liabilities in 2011

Frequently Asked Questions about Chi Omega Fraternity

Is Chi Omega Fraternity a legitimate charity?

Chi Omega Fraternity (EIN: 16019084) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 65/100. 2 red flags identified. 3 strengths noted. Financial health grade: A.

How does Chi Omega Fraternity spend its money?

Chi Omega Fraternity directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Chi Omega Fraternity tax-deductible?

Chi Omega Fraternity is registered as a tax-exempt nonprofit (EIN: 16019084). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Chi Omega Fraternity's spending goes to programs?

Chi Omega Fraternity directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Chi Omega Fraternity compare to similar nonprofits?

With a transparency score of 65/100 (Good), Chi Omega Fraternity is above average for NTEE category B83 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Chi Omega Fraternity located?

Chi Omega Fraternity is headquartered in Orono, Maine and files with the IRS under EIN 16019084. It is classified under NTEE code B83.

What is the current financial status of Chi Omega Fraternity given the 2011 data is outdated?

The provided data only reflects the organization's financial status for the fiscal period ending December 2011. Without more recent filings, it is impossible to determine its current financial health, revenue, expenses, or assets.

How does Chi Omega Fraternity generate its revenue?

The 2011 filing shows $24,293 in revenue. While the specific sources are not detailed in the provided summary, for fraternal organizations, revenue typically comes from member dues, fees, and potentially small fundraising activities.

Is the organization still active?

The provided data only includes a single filing from 2011. To determine if the organization is still active, one would need to check for more recent IRS filings or other public records.

Filing History

IRS 990 filing history for Chi Omega Fraternity showing financial trends over 1 year of public records:

In its most recent filing year (2011), Chi Omega Fraternity reported a surplus of $345, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2011 $24K $24K $8K $0 View 990

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Chi Omega Fraternity:

2011 Filing

Data Sources and Methodology

This transparency report for Chi Omega Fraternity is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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