Civic Intelligence

Zeta Beta Tau Fraternity

990EZ • Fiscal year 2021 • EIN 04-2242419

Jul 01, 2020 to Jun 30, 2021 • Filed on May 30, 2022

58 Manchester RdBrookline, MA 02446

(864) 979-3889

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.00x

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

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

52nd percentile

0.00x

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

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Net Margin

38th percentile

0.0%

Higher net margin than 38% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Asset Growth

90th percentile

56%

Faster asset growth than 90% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

7th percentile

-67%

Faster revenue growth than 7% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$118,646

Up $42,611 (+56%) from 2020

Net Assets

Up

$118,646

Up $118,646 from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$120,512

Down $245,693 (-67%) from 2020

Expenses

Down

$120,512

Down $248,866 (-67%) from 2020

Net Income

Up

$0

Up $3,173 (+100%) from 2020

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $34,181Liabilities 2011: $18,376Net Assets 2011: $15,8052011Assets 2012: $40,700Liabilities 2012: $0Net Assets 2012: $40,7002012Assets 2013: $60,337Liabilities 2013: $0Net Assets 2013: $60,3372013Assets 2014: $67,051Liabilities 2014: $0Net Assets 2014: $67,0512014Assets 2015: $39,264Liabilities 2015: $0Net Assets 2015: $39,2642015Assets 2016: $101,526Liabilities 2016: $0Net Assets 2016: $101,5262016Assets 2018: $38,034Liabilities 2018: $0Net Assets 2018: $38,0342018Assets 2019: $79,208Liabilities 2019: $0Net Assets 2019: $79,2082019Assets 2020: $76,035Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $118,646Liabilities 2021: $0Net Assets 2021: $118,6462021Assets 2022: $113,148Liabilities 2022: $0Net Assets 2022: $113,1482022Assets 2023: $95,885Liabilities 2023: $0Net Assets 2023: $95,8852023Assets 2024: $81,652Liabilities 2024: $0Net Assets 2024: $81,6522024Assets 2025: $49,981Liabilities 2025: $0Net Assets 2025: $49,9812025

Highlighted filing

2021

Assets$118,646
Liabilities$0
Net Assets$118,646

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $340,569Expenses 2011: $336,242Net Income 2011: $4,3272011Revenue 2012: $358,135Expenses 2012: $320,295Net Income 2012: $37,8402012Revenue 2013: $322,236Expenses 2013: $278,239Net Income 2013: $43,9972013Revenue 2014: $310,296Expenses 2014: $303,582Net Income 2014: $6,7142014Revenue 2015: $352,451Expenses 2015: $351,687Net Income 2015: $7642015Revenue 2016: $450,219Expenses 2016: $372,775Net Income 2016: $77,4442016Revenue 2018: $328,250Expenses 2018: $391,742Net Income 2018: -$63,4922018Revenue 2019: $482,300Expenses 2019: $502,260Net Income 2019: -$19,9602019Revenue 2020: $366,205Expenses 2020: $369,378Net Income 2020: -$3,1732020Revenue 2021: $120,512Expenses 2021: $120,512Net Income 2021: $02021Revenue 2022: $351,974Expenses 2022: $364,358Net Income 2022: -$12,3842022Revenue 2023: $396,492Expenses 2023: $413,755Net Income 2023: -$17,2632023Revenue 2024: $418,305Expenses 2024: $432,538Net Income 2024: -$14,2332024Revenue 2025: $377,050Expenses 2025: $408,721Net Income 2025: -$31,6712025

Highlighted filing

2021

Revenue$120,512
Expenses$120,512
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 30, 2022
Return Version
2020v4.0
Mission and Program Overview

Mission

To foster in our members a sense of social awareness, academic excellence, integrity, and brotherhood.

To operate a lodging house for MIT students and run MIT Fraternity under MIT national organization includes fraternity and brotherhood functions and social events

Program Services

DescriptionGrantsExpenses
0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Peter HwangPresident-$0--
David WuVice-President-$0--
Tai ZhengTreasurer-$0--
Sean ElliottBrotherhood Development Director-$0--
Allen DingSecretary-$0--
Harveer SinghSocial Chairman-$0--
Erick GbordzoeRisk Chairman-$0--
Akshaj KadaveruHouse Chairman-$0--
Filing and Contact Details

Filer

Filer Name
Zeta Beta Tau Fraternity
EIN
04-2242419
Address
58 MANCHESTER RD, BROOKLINE, MA 02446

Signing Officer

Name
Tai Zheng
Title
Treasurer
Signed
2022-05-30
Supplemental Narrative

Additional Explanations

Schedule O:

Run MIT Fraternity under MIT national organization includes fraternity and brotherhood functions and social events VI 19 Governing documents conflict of interest statements and financial statements are available by request by contacting the Treasurer Part VI The fraternity has members that consist of MIT students They reside together in the fraternity home to foster intellectual awareness social responsibility and brotherhood The members are able to vote and elect various members of the governing body including the president vice president treasurer rush chairman secretary and brotherhood development director The president then appoints the remaining governing body positions including house chairman social chairman risk manager and freshman class representative Some governance decisions of the organization including mealtimes constitutional changes meeting times and social opportunities are reserved to or subject to approval by members not in the governing body The organization does not have local chapters branches or affiliates as the organization is a local chapter of a national fraternity organization Reason for filing late We submitted 2020s Form 990 through mail instead of electronically online This was due to a misunderstanding of which deadline for paper vs electronic submissions applied to our organization Our fiscal year ended before July 30 2021 and we believed that we were to submit paper copies but it turns out that did not apply to us We now know that our Form 990s need to be submitted electronically and we apologize for any issues this caused

Raw XML Appendix178 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/ExplanationTxt0Run MIT Fraternity under MIT national organization includes fraternity and brotherhood functions and social events VI 19 Governing documents conflict of interest statements and financial statements are available by request by contacting the Treasurer Part VI The fraternity has members that consist of MIT students They reside together in the fraternity home to foster intellectual awareness social responsibility and brotherhood The members are able to vote and elect various members of the governing body including the president vice president treasurer rush chairman secretary and brotherhood development director The president then appoints the remaining governing body positions including house chairman social chairman risk manager and freshman class representative Some governance decisions of the organization including mealtimes constitutional changes meeting times and social opportunities are reserved to or subject to approval by members not in the governing body The organization does not have local chapters branches or affiliates as the organization is a local chapter of a national fraternity organization Reason for filing late We submitted 2020s Form 990 through mail instead of electronically online This was due to a misunderstanding of which deadline for paper vs electronic submissions applied to our organization Our fiscal year ended before July 30 2021 and we believed that we were to submit paper copies but it turns out that did not apply to us We now know that our Form 990s need to be submitted electronically and we apologize for any issues this caused
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule O:
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Tai Zheng
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ZETA BETA TAU FRATERNITY
ReturnHeader/Filer/BusinessNameControlTxt0ZETA
ReturnHeader/Filer/EIN0042242419
ReturnHeader/Filer/USAddress/AddressLine1Txt058 MANCHESTER RD
ReturnHeader/Filer/USAddress/CityNm0BROOKLINE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002446
ReturnHeader/ReturnTs02022-05-30T22:30:03Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.00$0.50$3.77$4.09$0.32
2024Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$4.18$4.33$0.14
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.00$0.96$3.96$4.14$0.17
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.13$0.00$1.13$3.52$3.64$0.12
2021Detailed filing. Detailed filing data is available for this year.$1.19$0.00$1.19$1.21$1.21$0.00
2020Summary only. Only limited summary data is available for this year.$0.76$0.00$0.00$3.66$3.69$0.03
2019Summary only. Only limited summary data is available for this year.$0.79$0.00$0.79$4.82$5.02$0.20
2018Summary only. Only limited summary data is available for this year.$0.38$0.00$0.38$3.28$3.92$0.63
2016Summary only. Only limited summary data is available for this year.$1.02$0.00$1.02$4.50$3.73$0.77
2015Summary only. Only limited summary data is available for this year.$0.39$0.00$0.39$3.52$3.52$0.01
2014Summary only. Only limited summary data is available for this year.$0.67$0.00$0.67$3.10$3.04$0.07
2013Summary only. Only limited summary data is available for this year.$0.60$0.00$0.60$3.22$2.78$0.44
2012Summary only. Only limited summary data is available for this year.$0.41$0.00$0.41$3.58$3.20$0.38
2011Summary only. Only limited summary data is available for this year.$0.34$0.18$0.16$3.41$3.36$0.04
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)7 • <$500k nonprofits