Chi Omega Fraternity
Chi Omega Fraternity consistently maintains positive net assets with no reported liabilities or officer compensation.
EIN: 20169295 · Durham, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $199K |
| Total Expenses | $166K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $200k |
| Net Assets | $77K |
| Transparency Score | 75/100 |
Is Chi Omega Fraternity Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Chi Omega Fraternity directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Chi Omega Fraternity
Chi Omega Fraternity (EIN: 20169295) is a nonprofit organization based in Durham, NH. The organization reported total revenue of $199K and total assets of $64K 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
Chi Omega Fraternity is a small nonprofit that has been operating for 86 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 9.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $191K |
| Total Expenses | $166K |
| Surplus / Deficit | +$26K |
| Total Assets | $77K |
| Net Assets | $77K |
| Operating Margin | 13.4% |
| Months of Reserves | 5.6 months |
Financial Health Grade: A
In 2024, Chi Omega Fraternity reported a surplus of $26K with revenue exceeding expenses, holds 5.6 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2012–2024), Chi Omega Fraternity's revenue has grown at a compound annual growth rate (CAGR) of 9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +20.0% | +1.3% | +50.2% |
| 2023 | +7.9% | +13.9% | -7.3% |
| 2022 | +17.9% | +19.1% | +8.4% |
| 2021 | +0.0% | +0.0% | +0.0% |
| 2020 | -29.3% | -29.8% | +68.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1940 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Chi Omega Fraternity with a Mission Score of 75 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Chi Omega Fraternity allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $26K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting that leadership roles are either entirely volunteer-based or compensated through mechanisms not categorized as officer compensation on the 990, which is a positive for minimizing overhead relative to its sub-$200k revenue.
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:
- Lack of detailed functional expense breakdown in provided data, making precise program efficiency assessment difficult.
Strengths
The following positive indicators were identified for Chi Omega Fraternity:
- 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).
Frequently Asked Questions about Chi Omega Fraternity
Is Chi Omega Fraternity a legitimate charity?
Chi Omega Fraternity (EIN: 20169295) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $199K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Chi Omega Fraternity spend its money?
Chi Omega Fraternity directs 80% 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: 20169295). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Chi Omega Fraternity CEO make?
Chi Omega Fraternity's highest-compensated officer earns $200k annually. The organization reported $199K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Chi Omega Fraternity's spending goes to programs?
Chi Omega Fraternity directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Chi Omega Fraternity located?
Chi Omega Fraternity is headquartered in Durham, New Hampshire and files with the IRS under EIN 20169295.
How many years of IRS 990 filings does Chi Omega Fraternity have?
Chi Omega Fraternity has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $199K in total revenue.
Is Chi Omega Fraternity a good charity?
Based on the provided financial data, Chi Omega Fraternity demonstrates financial stability with growing assets and no liabilities. The consistent reporting of zero officer compensation is also a positive. However, without detailed program spending information, it's difficult to fully assess its charitable impact and efficiency.
How has Chi Omega Fraternity's financial health changed over time?
Chi Omega Fraternity has shown consistent financial growth. Its assets have increased from $9,095 in 201506 to $76,817 in 202406, and revenues have generally trended upwards from $85,128 to $191,466 over the same period, indicating improving financial health.
What is the organization's approach to executive compensation?
The organization consistently reports 0% for officer compensation across all 13 filings, suggesting a volunteer-driven leadership model or compensation structures that do not fall under this specific reporting category on the 990.
Filing History
IRS 990 filing history for Chi Omega Fraternity showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Chi Omega Fraternity's revenue has grown by 198.8%, moving from $64K to $191K. Total assets increased by 189.3% over the same period, from $27K to $77K. Total functional expenses rose by 178.3%, from $60K to $166K. In its most recent filing year (2024), Chi Omega Fraternity reported a surplus of $26K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $191K | $166K | $77K | $0 | — | — |
| 2023 | $160K | $164K | $51K | $0 | — | — |
| 2022 | $148K | $144K | $55K | $0 | — | View 990 |
| 2021 | $126K | $121K | $51K | $0 | — | — |
| 2020 | $126K | $121K | $51K | $0 | — | — |
| 2019 | $178K | $172K | $30K | $0 | — | View 990 |
| 2018 | $173K | $167K | $25K | $0 | — | View 990 |
| 2017 | $148K | $142K | $18K | $0 | — | View 990 |
| 2016 | $109K | $101K | $13K | $0 | — | View 990 |
| 2015 | $85K | $90K | $9K | $0 | — | View 990 |
| 2014 | $73K | $55K | $38K | $0 | — | View 990 |
| 2013 | $70K | $65K | $26K | $0 | — | View 990 |
| 2012 | $64K | $60K | $27K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $191K, expenses of $166K, and assets of $77K (revenue +20.0% year-over-year).
- 2023: Revenue of $160K, expenses of $164K, and assets of $51K (revenue +7.9% year-over-year).
- 2022: Revenue of $148K, expenses of $144K, and assets of $55K (revenue +17.9% year-over-year).
- 2021: Revenue of $126K, expenses of $121K, and assets of $51K (revenue +0.0% year-over-year).
- 2020: Revenue of $126K, expenses of $121K, and assets of $51K (revenue -29.3% year-over-year).
- 2019: Revenue of $178K, expenses of $172K, and assets of $30K (revenue +2.3% year-over-year).
- 2018: Revenue of $173K, expenses of $167K, and assets of $25K (revenue +17.3% year-over-year).
- 2017: Revenue of $148K, expenses of $142K, and assets of $18K (revenue +35.6% year-over-year).
- 2016: Revenue of $109K, expenses of $101K, and assets of $13K (revenue +28.1% year-over-year).
- 2015: Revenue of $85K, expenses of $90K, and assets of $9K (revenue +16.8% year-over-year).
- 2014: Revenue of $73K, expenses of $55K, and assets of $38K (revenue +3.4% year-over-year).
- 2013: Revenue of $70K, expenses of $65K, and assets of $26K (revenue +10.0% year-over-year).
- 2012: Revenue of $64K, expenses of $60K, and assets of $27K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chi Omega Fraternity:
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.