Alpha Tau Omega Fraternity
- Assets
- $3.8m
- Revenue
- $618.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Edmond, OK
- Founding
- 01/1941
- Data as of
- 07/2021
- EIN
- 73-1410350
Organization Overview
Alpha Tau Omega Fraternity is located in Edmond, OK. The organization was established in 1941. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Alpha Tau Omega Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 07/2021, Alpha Tau Omega Fraternity generated $618.1k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $459.4k during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVISION OF A WELL MAINTAINED CHAPTER HOUSE TO ADVANCE THE EXEMPT PURPOSES BY AVAILABILITY OF AN ATMOSPHERE CONDUCIVE TO DEVELOPMENT OF LEADERSHIP AND ACADEMIC EXCELLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED A CHAPTER HOUSE DESIGNED TO PROVIDE AN ATMOSPHERE CONDUCIVE TO DEVELOPMENT OF LEADERSHIP AND ACADEMIC EXCELLENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Hall Treasurer | OfficerTrustee | 1 | $0 |
Michael Carter Vice President | OfficerTrustee | 1 | $0 |
John Mccaleb Secretary | OfficerTrustee | 1 | $0 |
Todd Mckinnis Director | Trustee | 1 | $0 |
Randy Hooper Director | Trustee | 1 | $0 |
Chad Mcdougall Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,050 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,050 |
| Total Program Service Revenue | $617,000 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $618,050 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $85,498 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $13,091 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $178,522 |
| Insurance | $13,482 |
| All other expenses | -$2,317 |
| Total functional expenses | $459,351 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,652 |
| Savings and temporary cash investments | $3,908 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,677 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,790,129 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,823,366 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $12,500 |
| Other liabilities | $1,732,417 |
| Total liabilities | $1,744,917 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $15,233 |
| Retained earnings, endowment, accumulated income, or other funds | $2,063,216 |
| Total liabilities and net assets/fund balances | $3,823,366 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alpha Tau Omega Fraternity has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Alpha Tau Omega Foundation Indianapolis, IN PURPOSE: HOUSING GRANT REQUEST BASED ON EDUCATIONAL PERCENTAGE | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Delta Delta Delta National House Corporation Dallas, TX | $74,724,969 | $16,270,605 |
Pi Beta Phi Fraternity Town Country, MO | $45,635,121 | $9,219,516 |
Delta Delta Delta Park Street Properties Llc Dallas, TX | $1,524,558 | $6,844,854 |
Epsilon Sigma Alpha International Council Council Fort Collins, CO | $3,554,317 | $5,361,378 |
Educational Foundation Of Alpha Gamma Rho Kansas City, MO | $16,072,489 | $5,767,840 |
Pi Beta Phi Fraterntiy Town Country, MO | $1,016,424 | $3,235,102 |
Alpha Omega Alpha Honor Medical Society Aurora, CO | $27,406,157 | $2,965,525 |
Tri Delta Housing Inc Dallas, TX | $3,409,218 | $1,400,485 |
Delta Kappa Gamma Society Austin, TX | $10,208,781 | $2,395,824 |
Zeta Beta Tau Fraternity Dallas, TX | $286,134 | $1,671,786 |
Alpha Phi Omega National Service Fraternity Kansas City, MO | $10,346,073 | $1,755,361 |
Delta Delta Delta Fraternity Delta Iota House Corp Fayetteville, AR | $15,926,703 | $1,714,935 |