CHI OMEGA EDUCATION AND CHARITY FUND OF DALLAS

EIN: 237039387 501(c)(3)

DALLAS, TX

Total Revenue
$1,093,171
Total Expenses
$1,058,717
Total Assets
$984,550
Net Assets
$927,830
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
TX
Principal Officer
AMY LYNN JONES
Phone
2148901999
Tax Period
2024-02-01 to 2025-01-31

CHI OMEGA EDUCATION AND CHARITY FUND OF DALLAS, founded in 1969, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $1.1M left a modest 3% surplus.

Mission

TO OVERSEE THE CHI OMEGA CHIRSTMAS MARKET (COCM), TO PROVIDE GRANTS TO QUALIFYING CHARITABLE ORGANIZATIONS THAT SERVE THE DALLAS COMMUNITY WITHIN THE AREAS OF HEALTH, EDUCATION, ARTS & WELFARE, AND TO MAKE GRANTS FOR SCHOLARSHIPS TO MEMBERS OF THE CHI OMEGA SORORITY AT SOUTHERN METHODIST UNIVERSITY AND OTHER UNIVERSITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $206,699
Program Service Revenue $837,646
Investment Income $48,826
Other Revenue $0
TOTAL REVENUE $1,093,171

Expense Breakdown

Grants Paid $562,565
Salaries & Benefits $12,071
Fundraising Expenses $1,466
Program Expenses $1,021,685
Other Expenses $484,081
TOTAL EXPENSES $1,058,717

Year-over-Year Comparison

2024 2023 Change
Revenue $1,093,171 $983,194 +0.1%
Expenses $1,058,717 $899,419 +0.2%
Net Income $34,454 $83,775 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
1
Volunteers
290

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMY LYNN JONES TRUSTEE 1.00
Director
$0 $0 $0
CONNIE BLASS O'NEILL TRUSTEE 1.00
Director
$0 $0 $0
ELIZABETH LANE ANDERSON TRUSTEE 1.00
Director
$0 $0 $0
MICHELLE RASKIEWICZ TREASURER 5.00
Officer
$0 $0 $0
JILL STARR ASST. TREASURER 5.00
Officer
$0 $0 $0
LYNNE SEAGO MARKET STEERING CHAIR 20.00
Officer
$0 $0 $0
NANCY WOODALL MARKET CHAIR 20.00
Officer
$0 $0 $0
KAREN HUNT MARKET CHAIR 20.00
Officer
$0 $0 $0
DEBBIE LANG MARKET CHAIR 20.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,093,171 $1,058,717 $984,550 $34,454
2024 $983,194 $899,419 $1,405,349 $83,775
2023 $941,206 $820,863 $1,267,015 $120,343
2022 $521,451 $277,045 $950,567 $244,406
2021 $195,850 $206,744 $684,870 $-10,894
2020 $651,908 $606,603 $1,065,378 $45,305
2019 $512,804 $502,435 $933,149 $10,369
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