2022-09-15T13:06:35-05:00 2021-10-31 760488832 MCCONNELL & JONES LLP 4828 LOOP CENTRAL DRIVE SUITE 1000 HOUSTON TX 77081 990 2020-11-01 530209696 OMEGA PSI PHI FRATERNITY INC OMEG 4042845533 3951 SNAPFINGER PARKWAY DECATUR GA 30035 JOHNNIE SMITH GRAND KEEPER OF FINANCE 4042845533 2022-09-15 1 JOHNNIE SMITH XXX-XX-XXXX TENE THOMAS P00849229 7139681600 2022-09-11 2 AAL1 IAL1 2020 2023-04-26 12:10:37Z DR DAVID MARION 3951 SNAPFINGER PARKWAY DECATUR GA 30035 10814723 0 X WWW.OPPF.ORG X 1911 GA THE PURPOSE OF THE FRATERNITY IS TO BRING ABOUT A UNION OF COLLEGE MEN OF SIMILAR HIGH IDEAS OF MANHOOD AND SCHOLARSHIP IN ORDER TO STIMULATE THE ATTAINMENT OF IDEAS AND AMBITIONS OF ITS MEMBERS; OCCUPY A PROGRESSIVE, HELPFUL AND CONSTRUCTIVE PLACE IN POLITICAL LIFE OF THE COMMUNITY AND NATION WITH PERSEVERANCE; FOSTER AND UPLIFT HUMANITY, FREEDOM, AND DIGNITY OF THE INDIVIDUAL; AND AID DOWNTRODDEN HUMANITY IN ITS EFFORTS TO ACHIEVE HIGHER ECONOMIC AND INTELLECTUAL STATUS. 22 22 20 24 134203 58078 3947661 8747123 3847629 1329066 70627 134203 284752 604331 8150669 10814723 0 0 0 0 1201684 1649913 0 0 0 5020363 4698233 6222047 6348146 1928622 4466577 10119312 14117221 1545504 805015 8573808 13312206 X THE PURPOSE OF THE FRATERNITY IS TO BRING ABOUT A UNION OF COLLEGE MEN OF SIMILAR HIGH IDEAS OF MANHOOD AND SCHOLARSHIP IN ORDER TO STIMULATE THE ATTAINMENT OF IDEAS AND AMBITIONS OF ITS MEMBERS; OCCUPY A PROGRESSIVE, HELPFUL AND CONSTRUCTIVE PLACE IN POLITICAL LIFE OF THE COMMUNITY AND NATION WITH PERSEVERANCE; FOSTER AND UPLIFT HUMANITY, FREEDOM, AND DIGNITY OF THE INDIVIDUAL; AND AID DOWNTRODDEN HUMANITY IN ITS EFFORTS TO ACHIEVE HIGHER ECONOMIC AND INTELLECTUAL STATUS. 0 0 433786 1933397 MINORITY AND DISADVANTAGED LEADERSHIP DEVELOPMENT PROGRAMS. ENCOURAGEMENT FOR MINORITY AND DISADVANTAGED YOUTH TO PURSUE SKILL DEVELOPMENT IN THE FINE ARTS. CONTRIBUTION TO AFRICAN-AMERICAN LIFE AND HISTORY, CIVIC, AND COMMUNITY INVOLVEMENT AND ASSAULT ON ILLITERACY PROGRAMS. 433786 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 0 1 20 1 1 1 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 0 0 0 0 0 GA X LINDSEE HUNTER CONTROLLER 4049311918 3951 SNAPFINGER PARKWAY DECATUR GA 30035 RICKY L LEWIS 1ST VICE BASILEUS 20.00 X X 0 0 0 CALEB LOVE 2ND VICE BASILEUS 10.00 X X 0 0 0 JOHNNIE SMITH KEEPER OF FINANCE 20.00 X X 0 0 0 MARK EVERICK JACKSON KEEPER OF RECORDS 15.00 X X 0 0 0 BENJAMIN L CRUMP ESQ GRAND COUNSELOR 20.00 X X 0 0 0 ELEUALIO ABRAHAM UNDERGRADUATE REP. 5.00 X 0 0 0 KENTON KELLEY UNDERGRADUATE REP. 5.00 X 0 0 0 ELLIOTT KELLY JR UNDERGRADUATE REP. 5.00 X 0 0 0 LENNITT BLIGEN JR 1ST DISTRICT REP. 20.00 X 0 0 0 KELVIN K AMPOFO 2ND DISTRICT REP. 20.00 X 0 0 0 CONRADO B MORGAN 3RD DISTRICT REP. 20.00 X 0 0 0 DAVID RELIFORD 4TH DISTRICT REP. 20.00 X 0 0 0 SAMUEL MCKENZIE 5TH DISTRICT REP. 20.00 X 0 0 0 KURT WALKER 6TH DISTRICT REP. 20.00 X 0 0 0 REGINALD M HARRIS 7TH DISTRICT REP. 20.00 X 0 0 0 OSUMAN O ISSAKA 8TH DISTRICT REP. 20.00 X 0 0 0 HAROLD BAILEY 9TH DISTRICT REP. 20.00 X 0 0 0 DERRICK IVORY 10TH DISTRICT REP. 20.00 X 0 0 0 KWAME J DOW 12TH DISTRICT REP. 20.00 X 0 0 0 TRACY D GEORGE 13TH DISTRICT REP. 20.00 X 0 0 0 DR DAVID MARION GRAND BASILEUS 20.00 X X 6000 0 0 ANTONIO F KNOW SR IMMEDIATE PAST GRAND BASILEUS 5.00 X 0 0 0 REV DR WALTER T RICHARDSON GRAND CHAPLAIN 20.00 X 0 0 0 WILLIAM COUNCIL GRAND MARSHAL 20.00 X 0 0 0 JOHN HOWARD EXECUTIVE OFFICER 40.00 X 141666 0 32440 LINDSEE HUNTER CONTROLLER 20.00 X 0 0 0 147666 0 32440 1 0 1 0 0 8585872 161251 8747123 MERCHANDISE 900099 593175 593175 CONFERENCES 900099 419235 419235 COLLEGE ENDOWEMENT 900099 316656 316656 1329066 55860 55860 78343 0 78343 78343 78343 VENDOR FEES 900099 229875 229875 PPP LOAN FORGIVENESS 900099 204063 204063 MISCELLANEOUS 900099 170393 170393 604331 10814723 1933397 134203 0 157322 157322 1492591 1492591 397007 397007 47525 47525 271200 21663 249537 293033 96891 196142 134197 134197 467003 467003 35935 882 35053 97354 97354 213362 213362 110579 110579 1225866 1225866 OTHER EXPENSES 584235 584235 MEMBERSHIPS 406654 216644 190010 ASSISTANCE 315958 54 315904 TELEPHONE AND COMMUNICA 65342 65342 32983 298 32685 6348146 433786 5914360 0 7579233 9721515 96963 530040 628582 1191022 681670 199787 509352 1428992 2821847 381260 338962 10119312 14117221 394715 117652 617005 632431 533784 54932 1545504 805015 X 8573808 13312206 8573808 13312206 10119312 14117221 4466577 271821 0 X X 0 1 X 1 0 92231 39582 52649 320833 319640 1193 777958 322448 455510 509352 COMPENSATED ABSENCES LIABILITY 54932 54932 X 11086544 271821 271821 10814723 0 10814723 6348146 0 6348146 0 6348146 PART X, LINE 2: THE FRATERNITY IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(7) OF THE U.S. INTERNAL REVENUE CODE (THE "CODE") AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(1) OF THE CODE. THE FRATERNITY APPLIES THE PROVISIONS OF FASB ASC 740, INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FASB ASC 740 ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. THE FRATERNITY BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. 0 0 0 JOHN HOWARD EXECUTIVE OFFICER 141666 0 0 0 0 0 7585 0 24855 0 174106 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS COMPRISED OF UNDERGRADUATE MEMBERS WHO ARE IN COLLEGE AND GRADUATE MEMBERS WHO HAVE GRADUATED FROM COLLEGE. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS BI-ANNUALLY VOTE FOR THE EXECUTIVE OFFICERS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTANT AND REVIEWED BY THE TREASURER AND FINANCE MANAGER. FORM 990, PART VI, SECTION B, LINE 12C THE FRATERNITY YEARLY REVIEWS THE CONFLICT OF INTEREST POLICY QUESTIONAIRE WITH SELECTED INDIVIDUALS AND THEIR DETAILED ANSWERS. FORM 990, PART VI, SECTION C, LINE 19 MEMBERS ARE ABLE TO LOG INTO THE NATIONAL WEBSITE AND VIEW SELECTED DOCUMENTS. THE GENERAL PUBLIC SUBMITS A REQUEST TO THE EXECUTIVE DIRECTOR. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. PPP LOAN ON MARCH 11, 2020, THE WORLD HEALTH ORGANIZATION CLASSIFIED THE GLOBAL OUTBREAK OF COVID-19 AS A PANDEMIC. AS A RESULT OF THE CARES ACT, THE PAYCHECK PROTECTION PROGRAM (PPP) WAS ESTABLISHED. ON APRIL 29, 2020, THE FRATERNITY RECEIVED A PPP LOAN IN THE AMOUNT OF $204,063. THE FRATERNITY ADOPTED THE GUIDANCE IN FASB ASC 405-20-40-1 AND RECOGNIZED THE ENTIRE AMOUNT OF THE LOAN RECEIVED AS A LIABILITY AS OF OCTOBER 31, 2020. DURING APRIL 2021, THE FRATERNITY OBTAINED FORGIVENESS OF THE PPP LOAN RESULTING IN A REDUCTION OF THE LIABILITY BY THE AMOUNT OF FORGIVENESS AND RECORDED CONTRIBUTIONS REVENUE IN THE ACCOMPANYING FINANCIAL STATEMENTS.