Civic Intelligence

Beta Upsilon Chi Inc - Operational

990 • Fiscal year 2021 • EIN 02-0634996

Aug 01, 2020 to Jul 31, 2021 • Filed on Jun 01, 2022

12650 N Beach Street Suite 114 30Ft Worth, TX 76244

(800) 511-7537

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

10th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

10th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2021

Net Margin

7th percentile

-29%

Higher net margin than 7% of similar nonprofits.

2021 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

90th percentile

$106,090

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 6.9% of source-year revenue.

2021 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2021

Asset Growth

1st percentile

-75%

Faster asset growth than 1% of similar nonprofits.

2021 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

7th percentile

-37%

Faster revenue growth than 7% of similar nonprofits.

2021 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$146,861

Down $443,853 (-75%) from 2020

Net Assets

Down

$146,861

Down $443,853 (-75%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$1,532,608

Down $903,076 (-37%) from 2020

Expenses

Down

$1,976,461

Down $221,830 (-10%) from 2020

Net Income

Down

-$443,853

Down $681,246 (-287%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $105,147Liabilities 2010: $0Net Assets 2010: $105,1472010Assets 2011: $101,128Liabilities 2011: $0Net Assets 2011: $101,1282011Assets 2012: $119,490Liabilities 2012: $0Net Assets 2012: $119,4902012Assets 2013: $180,082Liabilities 2013: $0Net Assets 2013: $180,0822013Assets 2014: $212,675Liabilities 2014: $0Net Assets 2014: $212,6752014Assets 2015: $227,211Liabilities 2015: $0Net Assets 2015: $227,2112015Assets 2016: $287,332Liabilities 2016: $0Net Assets 2016: $287,3322016Assets 2017: $276,908Liabilities 2017: $0Net Assets 2017: $276,9082017Assets 2018: $345,388Liabilities 2018: $0Net Assets 2018: $345,3882018Assets 2019: $353,321Liabilities 2019: $0Net Assets 2019: $353,3212019Assets 2020: $590,714Liabilities 2020: $0Net Assets 2020: $590,7142020Assets 2021: $146,861Liabilities 2021: $0Net Assets 2021: $146,8612021Assets 2022: $707,991Liabilities 2022: $12,689Net Assets 2022: $695,3022022Assets 2023: $1,582,685Liabilities 2023: $253,871Net Assets 2023: $1,328,8142023Assets 2024: $1,069,602Liabilities 2024: $332,298Net Assets 2024: $737,3042024

Highlighted filing

2021

Assets$146,861
Liabilities$0
Net Assets$146,861

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $814,741Expenses 2010: $801,156Net Income 2010: $13,5852010Expenses 2011: $955,7082011Expenses 2012: $1,116,5752012Revenue 2013: $1,447,887Expenses 2013: $1,387,295Net Income 2013: $60,5922013Revenue 2014: $1,722,991Expenses 2014: $1,690,398Net Income 2014: $32,5932014Revenue 2015: $1,866,967Expenses 2015: $1,852,431Net Income 2015: $14,5362015Revenue 2016: $1,078,755Expenses 2016: $1,018,634Net Income 2016: $60,1212016Revenue 2017: $1,688,515Expenses 2017: $1,698,939Net Income 2017: -$10,4242017Revenue 2018: $2,216,983Expenses 2018: $2,148,503Net Income 2018: $68,4802018Revenue 2019: $2,331,954Expenses 2019: $2,325,752Net Income 2019: $6,2022019Revenue 2020: $2,435,684Expenses 2020: $2,198,291Net Income 2020: $237,3932020Revenue 2021: $1,532,608Expenses 2021: $1,976,461Net Income 2021: -$443,8532021Revenue 2022: $4,700,153Expenses 2022: $4,221,434Net Income 2022: $478,7192022Revenue 2023: $5,438,728Expenses 2023: $5,319,279Net Income 2023: $119,4492023Revenue 2024: $4,833,243Expenses 2024: $5,396,605Net Income 2024: -$563,3622024

Highlighted filing

2021

Revenue$1,532,608
Expenses$1,976,461
Net Income-$443,853
Jump To
Filing Snapshot
Filing Period
Aug 1, 2020 to Jul 31, 2021
Signed
Jun 1, 2022
Return Version
2020v4.2
Gross Receipts
$1,554,497
Mission and Program Overview

Mission

Beta upsilon chi exists to establish brotherhood and unity among college men based on the common bond of jesus christ.

To establish brotherhood and unity among college men based on the common bond of jesus christ.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$590,714$146,861▼ $443,853
Cash and Non-Interest-Bearing Accounts$416,599$114,137▼ $302,462
Savings and Temporary Cash Investments$152,547$15,217▼ $137,330
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$590,714$146,861▼ $443,853
Other Assets Total$21,568$17,507▼ $4,061
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$590,714$146,861▼ $443,853
Total Liabilities and Net Assets / Fund Balance$590,714$146,861▼ $443,853

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$17,507--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Jason HoytPresident of FoundationPT$106,090$106,090
Brian LeePresident of FraternityPT$53,490$53,490

Board Members and Trustees

NameTitle
-Board Member
Revenue and Support

Revenue Composition

Contributions and Grants
$1,455,066
Program Service Revenue
$57,840
Investment Income
$152
Other Revenue
$19,550
All Other Contributions
$417,713
Change in Net Assets
$-443,853
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,960,284
Grants and Similar Amounts Paid$16,177
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses-$531,885-$531,885
Grants to Domestic Orgs$16,177--$16,177
Occupancy-$9,802-$9,802
Other Expenses$868,468$1,865-$1,865
Total Functional Expenses$884,645$1,091,816$0$1,976,461
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$38,560
Fundraising Direct Expenses$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising Event$38,560$38,560-$38,560
Total Events$38,560$38,560-$38,560
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The board of directors review the return before it is signed and filed.

Form 990, Part VI, Section B, Line 12C

Enforcement and monitoring of the conflict of interest policy is done at the annual board meeting and prior to onboarding new board members. The chairman of the board maintains this responsibility.

Form 990, Part VI, Section B, Line 15

The executive level salaries are determined by the board of directors. The board of directors compares executive salaries with market forces for similar positions.

Form 990, Part VI, Section C, Line 19

Upon written request by the public, the board of directors could approve the release of requested governing documents.

Filing and Contact Details

Filer

Filer Name
Beta Upsilon Chi Fraternity Inc
EIN
02-0634996
Phone
8005117537
Address
12650 N BEACH STREET SUITE 114 30, FT WORTH, TX 76244

Signing Officer

Name
Brian Lee
Title
President
Phone
8005117537
Signed
2022-06-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Lee
Formed
1985
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
110

Preparer

Firm
Saville Dodgen and Company Pllc
Address
700 NORTH PEARL STREET SUITE 1900, DALLAS, TX 75201
Preparer
Korey D Green CPA
Phone
2149229727
Raw XML Appendix380 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS REVIEW THE RETURN BEFORE IT IS SIGNED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ENFORCEMENT AND MONITORING OF THE CONFLICT OF INTEREST POLICY IS DONE AT THE ANNUAL BOARD MEETING AND PRIOR TO ONBOARDING NEW BOARD MEMBERS. THE CHAIRMAN OF THE BOARD MAINTAINS THIS RESPONSIBILITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE LEVEL SALARIES ARE DETERMINED BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS COMPARES EXECUTIVE SALARIES WITH MARKET FORCES FOR SIMILAR POSITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON WRITTEN REQUEST BY THE PUBLIC, THE BOARD OF DIRECTORS COULD APPROVE THE RELEASE OF REQUESTED GOVERNING DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0BETA UPSILON CHI INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1BETA UPSILON CHI INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BETA UPSILON CHI FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1BETA UPSILON CHI ALUMNI INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0742911848
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1811841871
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(7)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0FRATERNITY MANAGEMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1ALUMNI ASSOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 11
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 11
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt012650 N BEACH STREET SUITE 114 305
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt112650 N BEACH STREET SUITE 114 305
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0FT WORTH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1FT WORTH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd076244
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd176244
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0548264
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0BETA UPSILON CHI FOUNDATION INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0R
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd01
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0590714
IRS990/TotalAssetsEOYAmt0146861
IRS990/TotalAssetsGrp/BOYAmt0590714
IRS990/TotalAssetsGrp/EOYAmt0146861
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01455066
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01091816
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0884645
IRS990/TotalFunctionalExpensesGrp/TotalAmt01976461
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0590714
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0146861
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0884645
IRS990/TotalProgramServiceRevenueAmt057840
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt019702
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt057840
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01532608
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0110
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0590714
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0146861
IRS990/TotReportableCompRltdOrgAmt0159580
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt012650 N BEACH STREET SUITE 114 305
IRS990/USAddress/CityNm0FT WORTH
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd076244
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.BETAUPSILONCHI.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRIAN LEE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08005117537
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-06-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BETA UPSILON CHI FRATERNITY INC
ReturnHeader/Filer/BusinessNameControlTxt0BETA
ReturnHeader/Filer/EIN0020634996
ReturnHeader/Filer/PhoneNum08005117537
ReturnHeader/Filer/USAddress/AddressLine1Txt012650 N BEACH STREET SUITE 114 30
ReturnHeader/Filer/USAddress/CityNm0FT WORTH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076244
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0900525804
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SAVILLE DODGEN AND COMPANY PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0700 NORTH PEARL STREET SUITE 1900
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DALLAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075201
ReturnHeader/PreparerPersonGrp/PhoneNum02149229727
ReturnHeader/PreparerPersonGrp/PreparationDt02022-06-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KOREY D GREEN CPA
ReturnHeader/ReturnTs02022-06-13T13:05:36-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BRIAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LEE
ReturnHeader/TaxPeriodBeginDt02020-08-01
ReturnHeader/TaxPeriodEndDt02021-07-31
ReturnHeader/TaxYr02020

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.07$0.33$0.74$4.83$5.40$0.56
2023Detailed filing. Detailed filing data is available for this year.$1.58$0.25$1.33$5.44$5.32$0.12
2022Detailed filing. Detailed filing data is available for this year.$0.71$0.01$0.70$4.70$4.22$0.48
2021Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$1.53$1.98$0.44
2020Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$2.44$2.20$0.24
2019Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$2.33$2.33$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$2.22$2.15$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.28$1.69$1.70$0.01
2016Summary only. Only limited summary data is available for this year.$0.29$0.00$0.29$1.08$1.02$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$1.87$1.85$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$1.72$1.69$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$1.45$1.39$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.00$0.12$1.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.00$0.10$0.96
2010Summary only. Only limited summary data is available for this year.$0.11$0.00$0.11$0.81$0.80$0.01