Phi Upsilon Omicron Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 550600282 ✦ Bowling green, KY ✦ Designated as a 501(c)(3)

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Overview

What is Phi Upsilon Omicron Inc?

Phi Upsilon Omicron Inc is a nonprofit organization, situated in Bowling Green, Kentucky. With a modest workforce of two individuals, their primary objective is to foster academic excellence in family and consumer sciences programs at colleges and universities. They achieve this by recognizing and promoting merit, as well as encouraging leadership qualities among their members. Phi Upsilon Omicron Inc accomplishs this through various opportunities, such as publishing a membership magazine and other informative brochures. These materials aim to educate and inspire over 10,000 members, thereby strengthening their commitment to the organization's mission.


Official website here: www.phiu.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Star rating

Phi Upsilon Omicron Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting strong performance in accountability and financial health. The organization received a perfect score for key governance metrics, including an independent board and absence of asset diversion, which highlights its commitment to transparency and responsible management.

The nonprofit demonstrated effective financial practices with a program expense ratio of 67.67%, indicating a significant portion of its resources is directed towards fulfilling its mission. Additionally, it has established robust policies for conflict of interest and whistleblowing, further underscoring its dedication to ethical operations.

While the organization excels in many areas, the program expense ratio may suggest room for improvement in expanding its direct programmatic impact. Overall, Phi Upsilon Omicron Inc stands out for its strong governance and financial accountability as reflected in its Charity Navigator rating.


This AI summary has been generated from information found on Charity Navigator.

Is Phi Upsilon Omicron Inc legitimate?

Phi Upsilon Omicron Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phi Upsilon Omicron Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $66,583
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.phiu.org

What is the mission statement of Phi Upsilon Omicron Inc?

Phi Upsilon Omicron Inc, an organization dedicated to Family and Consumer Sciences programs, aims to recognize and foster academic excellence among its members. The organization promotes leadership qualities by offering opportunities for service. Its mission is twofold: firstly, to champion academic achievement in these programs, and secondly, to cultivate leadership skills through service opportunities. Phi Upsilon Omicron Inc achieves this by publishing a membership magazine and other educational materials, aiming to inform, educate, and inspire its 10,000+ members.


Official website here: www.phiu.org

Who is the CEO of Phi Upsilon Omicron Inc?

Melissa Martin is the Finance Chair of Phi Upsilon Omicron Inc.


Official website here: www.phiu.org

What is the revenue of Phi Upsilon Omicron Inc?

Phi Upsilon Omicron Inc's revenue in 2022 was $117,888.


Official website here: www.phiu.org

Who are the executives of Phi Upsilon Omicron Inc and what are their salaries?

The average compensation at Phi Upsilon Omicron Inc during 2022 was $33,292. There are 2 employees and 1000 volunteers at Phi Upsilon Omicron Inc.


Here are 8 key members and their salaries:


Bruce Cameron (Finance Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenifer Reader (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynette Olson (Foundation Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Roberson (President-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brooklyn Sorenson (Collegiate Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Uhde (Alumni Councilor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Watson-Maile (Advisor Councilor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Martin (Executive Director)
  • Compensation: $64,500
  • Related: $0
  • Other: $0


Official website here: www.phiu.org

Where can I find the form 990 for Phi Upsilon Omicron Inc?

Phi Upsilon Omicron Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.phiu.org

Learn more at the official website: www.phiu.org

Mission Statement of Phi Upsilon Omicron Inc

Phi Upsilon Omicron Inc, a distinguished organization, is dedicated to recognizing and promoting academic excellence in family and consumer sciences programs at colleges and universities. Its mission extends beyond mere recognition, as it aims to actively promote leadership qualities by offering opportunities for service. This mission is accomplished through various means, including the publication of membership magazines and other informative brochures, which serve to educate and inspire over 10,000 members. By fostering academic excellence and nurturing leadership skills, Phi Upsilon Omicron Inc seeks to make a significant impact on the field of family and consumer sciences.

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Impact




October, 2024

Phi Upsilon Omicron Inc significantly impacts the fields of family and consumer sciences by recognizing and promoting academic excellence among students in college and university programs. Through various initiatives, the organization fosters leadership qualities and provides essential service opportunities that enrich students' educational experiences.

The publication of a membership magazine and informative brochures serves to educate and inspire over 10,000 members, helping them stay engaged and informed about developments in their field. By connecting members and facilitating a community of learning, Phi Upsilon Omicron nurtures future leaders who are equipped to address the challenges in family and consumer sciences.

Overall, the organization's efforts contribute to the advancement of education and quality practices within the discipline, empowering members to become effective professionals and leaders in their communities.




This information is meant to be a general summary of Phi Upsilon Omicron Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$117,888 (2022)
Expenses
$112,383 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $32,601
  • Gross Receipts: $117,888

Assets and Liabilities:

  • Total Assets: $987,890
  • Total Liabilities: $82
  • Net Assets: $987,808

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Organization Details

Founding Year

1979

Principal Officer

Melissa Martin

Main Address

PO BOX 50970, BOWLING GREEN, KY, 42102

NTEE Category

Code: B83 - Education

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