Zeta Omega Chapter Of Sigma Chi Fraternity
EIN: 237067147 · Johnson City, TN · NTEE: B83
| Metric | Value |
|---|---|
| Total Revenue | $90K |
| Total Expenses | $42K |
| Net Assets | $53K |
Is Zeta Omega Chapter Of Sigma Chi Fraternity Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Zeta Omega Chapter Of Sigma Chi Fraternity
Zeta Omega Chapter Of Sigma Chi Fraternity (EIN: 237067147) is a nonprofit organization based in Johnson City, TN, classified under NTEE code B83. The organization reported total revenue of $90K and total assets of $67K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Zeta Omega Chapter Of Sigma Chi Fraternity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Zeta Omega Chapter Of Sigma Chi Fraternity is a micro nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -13.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $39K |
| Total Expenses | $42K |
| Surplus / Deficit | $-2,920 |
| Total Assets | $54K |
| Total Liabilities | $1K |
| Net Assets | $53K |
| Operating Margin | -7.5% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 15.7 months |
Financial Health Grade: B
In 2023, Zeta Omega Chapter Of Sigma Chi Fraternity reported a deficit of $3K with expenses exceeding revenue, holds 15.7 months of operating reserves (strong position), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Zeta Omega Chapter Of Sigma Chi Fraternity's revenue has declined at a compound annual growth rate (CAGR) of -13.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -55.9% | -45.9% | -5.9% |
| 2022 | +63.5% | +61.9% | +25.1% |
| 2021 | -9.4% | -25.2% | +23.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Zeta Omega Chapter Of Sigma Chi Fraternity has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Zeta Omega Chapter Of Sigma Chi Fraternity with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.6%.
Frequently Asked Questions about Zeta Omega Chapter Of Sigma Chi Fraternity
Is Zeta Omega Chapter Of Sigma Chi Fraternity a legitimate charity?
Based on AI analysis of IRS 990 filings, Zeta Omega Chapter Of Sigma Chi Fraternity (EIN: 237067147) insufficient data. 0 red flags identified, 0 strengths noted.
How does Zeta Omega Chapter Of Sigma Chi Fraternity spend its money?
Detailed spending breakdown data is not yet available for Zeta Omega Chapter Of Sigma Chi Fraternity. Check back for updated IRS 990 analysis.
Are donations to Zeta Omega Chapter Of Sigma Chi Fraternity tax-deductible?
Zeta Omega Chapter Of Sigma Chi Fraternity is registered as a tax-exempt nonprofit (EIN: 237067147). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Zeta Omega Chapter Of Sigma Chi Fraternity located?
Zeta Omega Chapter Of Sigma Chi Fraternity is headquartered in Johnson City, Tennessee and files with the IRS under EIN 237067147. It is classified under NTEE code B83.
How many years of IRS 990 filings does Zeta Omega Chapter Of Sigma Chi Fraternity have?
Zeta Omega Chapter Of Sigma Chi Fraternity has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $90K in total revenue.
Filing History
IRS 990 filing history for Zeta Omega Chapter Of Sigma Chi Fraternity showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Zeta Omega Chapter Of Sigma Chi Fraternity's revenue has declined by 34.6%, moving from $59K to $39K. Total assets increased by 45.5% over the same period, from $37K to $54K. Total functional expenses fell by 34.6%, from $64K to $42K. In its most recent filing year (2023), Zeta Omega Chapter Of Sigma Chi Fraternity reported a deficit of $3K, with expenses exceeding revenue. The organization holds $1K in liabilities against $54K in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $53K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $39K | $42K | $54K | $1K | — | — |
| 2022 | $88K | $77K | $58K | $2K | — | — |
| 2021 | $54K | $48K | $46K | $10K | — | — |
| 2020 | $59K | $64K | $37K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $39K, expenses of $42K, and assets of $54K (revenue -55.9% year-over-year).
- 2022: Revenue of $88K, expenses of $77K, and assets of $58K (revenue +63.5% year-over-year).
- 2021: Revenue of $54K, expenses of $48K, and assets of $46K (revenue -9.4% year-over-year).
- 2020: Revenue of $59K, expenses of $64K, and assets of $37K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Zeta Omega Chapter Of Sigma Chi Fraternity:
Data Sources and Methodology
This transparency report for Zeta Omega Chapter Of Sigma Chi 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.