CHI OMEGA EDUCATIONAL CORPORATION

EIN: 756061081

DALLAS, TX

Total Revenue
$1,120,335
Total Expenses
$897,801
Total Assets
$6,467,880
Net Assets
$6,357,815
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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
ELIOSE MEACHUM
Phone
2148701285
Tax Period
2024-07-01 to 2025-06-30

CHI OMEGA EDUCATIONAL CORPORATION, founded in 1969, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. The organization ran a surplus of $223K, a strong 20% operating margin.

Mission

TO PROVIDE AND MAINTAIN A FUND FOR AIDING AND ASSISTING MEMBERS OF THE CHI OMEGA FRATERNITY IN SECURING AN EDUCATION AT SOUTHERN METHODIST UNIVERSITY, SUCH AS BUILDING, FURNISHING AND MAINTAINING A CHAPTER HOUSE OR LODGE AND LENDING FINANCIAL AID WHENEVER NECESSARY. IT IS ORGANIZED AND OPERATED EXCLUSIVELY FOR PLEASURE, RECREATION, AND NON-PROFIT PURPOSES.

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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 $20,993
Program Service Revenue $1,050,000
Investment Income $49,342
Other Revenue $0
TOTAL REVENUE $1,120,335

Expense Breakdown

Grants Paid $5,000
Salaries & Benefits $64,655
Fundraising Expenses $0
Other Expenses $828,146
TOTAL EXPENSES $897,801

Year-over-Year Comparison

2024 2023 Change
Revenue $1,120,335 $1,099,558 +0.0%
Expenses $897,801 $794,766 +0.1%
Net Income $222,534 $304,792 -0.3%
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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Governance

Voting Members
14
Independent Members
14
Employees
1
Volunteers
21

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
2
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELOISE MEACHUM SECRETARY 3.00
Officer Director
$0 $0 $0
ANITA HARTMANN TREASURER 3.00
Officer Director
$0 $0 $0
KATHRYN BETTS DIRECTOR 3.00
Director
$0 $0 $0
BETH BIRDWELL DIRECTOR 3.00
Director
$0 $0 $0
NANCY HIMES DIRECTOR 3.00
Director
$0 $0 $0
LAUREN HUGHES DIRECTOR 3.00
Director
$0 $0 $0
MALLORY JACOB DIRECTOR 3.00
Director
$0 $0 $0
JENNI COWAN TAUZEL DIRECTOR 3.00
Director
$0 $0 $0
TOWNLEY TESO DIRECTOR 3.00
Director
$0 $0 $0
MARGARET DIFRANCESCO DIRECTOR 3.00
Director
$0 $0 $0
CINDY WILLIAMS DIRECTOR 3.00
Director
$0 $0 $0
KATIE ERXLEBEN DIRECTOR 3.00
Director
$0 $0 $0
MIMI BRODY DIRECTOR 3.00
Director
$0 $0 $0
JERI SONCRANT DIRECTOR 3.00
Director
$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 $1,120,335 $897,801 $6,467,880 $222,534
2024 $1,099,558 $794,766 $6,193,395 $304,792
2023 $1,059,444 $766,741 $6,205,946 $292,703
2022 $1,081,887 $762,993 $6,446,997 $318,894
2021 $1,038,287 $705,357 $6,545,402 $332,930
2020 $856,157 $735,207 $6,369,203 $120,950
2019 $991,099 $831,918 $6,595,217 $159,181
2018 $940,799 $770,116 $6,798,789 $170,683
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