Epsilon Nu Chapter Of Omega Psi Phi is located in Spartanburg, SC. The organization was established in 1997. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Epsilon Nu Chapter Of Omega Psi Phi is a 501(c)(10) and as such, is described as a "Domestic Fraternal Society and/or Association" by the IRS.
For the year ending 12/2022, Epsilon Nu Chapter Of Omega Psi Phi generated $36.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $33.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
FORM 990-EZ, PART III, PRIMARY EXEMPT PURPOSE - PURPOSE OF ORGANIZATION IS TO PROMOTE SOCIAL WELFARE THROUGH CHARITABLE & EDUCATIONAL ACTIVITIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Leonard Starks President | 1 | $0 | |
Brandon Gaffney Vice President | 1 | $0 | |
Terance Rice Secretary | 1 | $0 | |
Phanes L Barno III Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $12,424 |
Total Program Service Revenue | $0 |
Membership dues | $19,436 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $4,754 |
Total Revenue | $36,614 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $850 |
Occupancy, rent, utilities, and maintenance | $5,114 |
Printing, publications, postage, and shipping | $608 |
Other expenses | $26,868 |
Total expenses | $33,440 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $46,775 |
Other assets | $0 |
Total assets | $93,550 |
Total liabilities | $34,865 |
Net assets or fund balances | $58,685 |