Civic Intelligence

Beta Psi Foundation Inc % the Association Group

990 • Fiscal year 2016 • EIN 20-1217639

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 26, 2017

Organization ProfileWWW.BETAPSI.ORG
1260 Winchester Parkway SE Ste 205Smyrna, GA 30080-6546

(404) 962-6438

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$1,312,475

Flat from 2016

Net Assets

Flat

$1,310,475

Flat from 2016

Liabilities

Flat

$2,000

Flat from 2016

Revenue And Expenses

Revenue

Flat

$146,968

Flat from 2016

Expenses

Flat

$97,385

Flat from 2016

Net Income

Flat

$49,583

Flat from 2016

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $882,144Liabilities 2010: $0Net Assets 2010: $882,1442010Assets 2011: $843,197Liabilities 2011: $0Net Assets 2011: $843,1972011Assets 2012: $925,967Liabilities 2012: $0Net Assets 2012: $925,9672012Assets 2013: $1,087,412Liabilities 2013: $1,300Net Assets 2013: $1,086,1122013Assets 2014: $1,262,852Liabilities 2014: $7,646Net Assets 2014: $1,255,2062014Assets 2015: $1,212,436Liabilities 2015: $0Net Assets 2015: $1,212,4362015Assets 2016: $1,312,475Liabilities 2016: $2,000Net Assets 2016: $1,310,4752016Assets 2016: $1,312,475Liabilities 2016: $2,000Net Assets 2016: $1,310,4752016Assets 2017: $1,516,720Liabilities 2017: $1,600Net Assets 2017: $1,515,1202017Assets 2018: $1,482,483Liabilities 2018: $2,314Net Assets 2018: $1,480,1692018Assets 2019: $1,762,805Liabilities 2019: $3,275Net Assets 2019: $1,759,5302019Assets 2020: $1,975,074Liabilities 2020: $1,400Net Assets 2020: $1,973,6742020Assets 2021: $2,254,139Liabilities 2021: $13,590Net Assets 2021: $2,240,5492021Assets 2022: $1,959,357Liabilities 2022: $6,625Net Assets 2022: $1,952,7322022Assets 2023: $2,309,355Liabilities 2023: $22,675Net Assets 2023: $2,286,6802023Assets 2024: $2,476,675Liabilities 2024: $16,640Net Assets 2024: $2,460,0352024

Highlighted filing

2016

Assets$1,312,475
Liabilities$2,000
Net Assets$1,310,475
Open 2016 Filing

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $19,0882010Revenue 2011: $77,444Expenses 2011: $85,651Net Income 2011: -$8,2072011Revenue 2012: $102,525Expenses 2012: $85,417Net Income 2012: $17,1082012Revenue 2013: $127,525Expenses 2013: $83,969Net Income 2013: $43,5562013Revenue 2014: $245,349Expenses 2014: $90,826Net Income 2014: $154,5232014Revenue 2015: $158,327Expenses 2015: $143,409Net Income 2015: $14,9182015Revenue 2016: $146,968Expenses 2016: $97,385Net Income 2016: $49,5832016Revenue 2016: $146,968Expenses 2016: $97,385Net Income 2016: $49,5832016Revenue 2017: $171,379Expenses 2017: $106,501Net Income 2017: $64,8782017Revenue 2018: $190,500Expenses 2018: $107,816Net Income 2018: $82,6842018Revenue 2019: $235,554Expenses 2019: $118,308Net Income 2019: $117,2462019Revenue 2020: $180,908Expenses 2020: $130,399Net Income 2020: $50,5092020Revenue 2021: $328,422Expenses 2021: $107,077Net Income 2021: $221,3452021Revenue 2022: $175,170Expenses 2022: $114,977Net Income 2022: $60,1932022Revenue 2023: $225,536Expenses 2023: $115,069Net Income 2023: $110,4672023Revenue 2024: $225,470Expenses 2024: $258,269Net Income 2024: -$32,7992024

Highlighted filing

2016

Revenue$146,968
Expenses$97,385
Net Income$49,583
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 26, 2017
Return Version
2016v3.0
Gross Receipts
$223,224
Mission and Program Overview

Mission

Our mission is to provide scholarship awards to the brothers/pledges of the beta psi chapter of the sigma chi fraternity on the basis of scholastic achievement, leadership achievement, or financial need and to support their development by providing them with scholastic and leadership related training programs and facilities, thereby giving them the best possible foundation for their success.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$1,090,995$1,180,723▲ $89,728
Savings and Temporary Cash Investments$111,772$123,876▲ $12,104
Cash and Non-Interest-Bearing Accounts-$1-
Total Assets$1,212,436$1,312,475▲ $100,039
Other Assets Total$9,669$7,875▼ $1,794
Liabilities
Other Liabilities-$2,000-
Total Liabilities$0$2,000▲ $2,000
Net Assets / Fund Balance
Unrestricted Net Assets$1,212,436$1,310,475▲ $98,039
Total Net Assets Fund Balance$1,212,436$1,310,475▲ $98,039
Total Liabilities and Net Assets / Fund Balance$1,212,436$1,312,475▲ $100,039

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$72,671--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bowen DavidPresident
Clements FrankTrustee
Diffenderfer BillTrustee
Duncan JamesTrustee
Ferris BradTrustee
Gowan BillTrustee
Griffin MurrayTrustee
Hamilton JimTrustee
Langley SannyTrustee
Leverett MikeTrustee
Neel StevenTrustee
Nix MattTrustee
Porter DerrickTrustee
Sandusky TaylorTrustee
Shaw KevinDisbursement
Bangert DougFinance - Ch
Farr LloydFoundation R
Pascutti PaulFundraising
Herrin OwenSecretary
Martin DougTreasurer
Lee RonVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$102,745
Program Service Revenue
$0
Investment Income
$44,223
Other Revenue
$0
All Other Contributions
$102,745
Change in Net Assets
$49,583
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$71,385
Grants and Similar Amounts Paid$26,000
Total Fundraising Expense$4,296
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$26,000--$26,000
Fees for Services Other$5,564$13,098$1,530$20,192
Office Expenses-$8,597$2,766$11,363
Fees for Service Investment Mgmnt Fees-$7,764-$7,764
Conferences and Meetings$5,035$796-$5,831
Fees for Services Accounting-$1,866-$1,866
All Other Expenses$1,000$468-$1,468
Other Expenses$1,300--$1,300
Travel-$6-$6
Total Functional Expenses$60,494$32,595$4,296$97,385
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Glenn a Merritt Raymond JamesFinancial AdvisFinancial ServicesNo$7,764
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Revenue$1,800
Other - Rj$200
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 11B

“Board reviews the form 990 at the first board meeting after its preparation.”

Form 990, Page 6, Part VI, Line 12C

“Each trustee is reminded of the conflict of interest policy and asked to report any possible conflict of interest on an annual basis. The board approves all significant contracts. The president, chairman of the finance committee and the treasurer review all disbursements.”

Form 990, Page 6, Part VI, Line 19

“Available at principal office.”

Filing and Contact Details

Filer

Filer Name
Beta Psi Foundation Inc
EIN
20-1217639
Phone
4049626438
Address
1260 WINCHESTER PARKWAY SE STE 205, SMYRNA, GA 30080-6546

Signing Officer

Name
Martin Doug
Title
Treasurer
Phone
4049626438
Signed
2017-06-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lee Ron
Formed
2004
Legal Domicile
Ga
Voting Board Members
21
Independent Board Members
21
Employees
0
Volunteers
35

Preparer

Firm
Sterk & Associates Cpas LLC
Address
5064 ROSWELL RD STE B 201, ATLANTA, GA 30342-2266
Preparer
Jeff T Letner CPA
Phone
4042559363
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Our mission is to provide scholarship awards to the brothers/pledges of the beta psi chapter of the sigma chi fraternity on the basis of scholastic achievement, leadership achievement, or financial need and to support their development by providing them with scholastic and leadership related training programs and facilities, thereby giving them the best possible foundation for their success.”

Form 990, Part IX, Line 11G

“Tag - services 5,564 13,098 1,530”

Form 990, Part XI, Line 9

“Prior period adjustment -2,300”

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IRS990/GrantsToDomesticIndividualsGrp/TotalAmt026000
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0319
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt093776
IRS990/GrossReceiptsAmt0223224
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt021
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt026384
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt026384
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt01090995
IRS990/InvestmentsProgramRelatedGrp/EOYAmt01180723
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0GA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt076256
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0OUR MISSION IS TO PROVIDE SCHOLARSHIP AWARDS TO THE BROTHERS/PLEDGES OF THE BETA PSI CHAPTER OF THE SIGMA CHI FRATERNITY ON THE BASIS OF SCHOLASTIC ACHIEVEMENT, LEADERSHIP ACHIEVEMENT, OR FINANCIAL NEED AND TO SUPPORT THEIR DEVELOPMENT BY PROVIDING THEM WITH SCHOLASTIC AND LEADERSHIP RELATED TRAINING PROGRAMS AND FACILITIES, THEREBY GIVING THEM THE BEST POSSIBLE FOUNDATION FOR THEIR SUCCESS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01212436
IRS990/NetAssetsOrFundBalancesEOYAmt01310475
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt017839
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt017839
IRS990/NetUnrlzdGainsLossesInvstAmt050756
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt02766
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08597
IRS990/OfficeExpensesGrp/TotalAmt011363
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09669
IRS990/OtherAssetsTotalGrp/EOYAmt07875
IRS990/OtherChangesInNetAssetsAmt0-2300
IRS990/OtherExpensesGrp/Desc0LEADERSHIP W.SHOP MEALS
IRS990/OtherExpensesGrp/Desc1LEADERSHIP W.SHOP LODGING
IRS990/OtherExpensesGrp/Desc2LEADERSHIP W.SHOP MATERIA
IRS990/OtherExpensesGrp/Desc3LEADERSHIP W.SHOP TRANSP
IRS990/OtherExpensesGrp/ProgramServicesAmt013108
IRS990/OtherExpensesGrp/ProgramServicesAmt14604
IRS990/OtherExpensesGrp/ProgramServicesAmt23883
IRS990/OtherExpensesGrp/ProgramServicesAmt31300
IRS990/OtherExpensesGrp/TotalAmt013108
IRS990/OtherExpensesGrp/TotalAmt14604
IRS990/OtherExpensesGrp/TotalAmt23883
IRS990/OtherExpensesGrp/TotalAmt31300
IRS990/OtherLiabilitiesGrp/EOYAmt02000
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0LEE RON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0106981
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt080250
IRS990/PYInvestmentIncomeAmt051346
IRS990/PYOtherExpensesAmt063159
IRS990/PYRevenuesLessExpensesAmt014918
IRS990/PYTotalExpensesAmt0143409
IRS990/PYTotalRevenueAmt0158327
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt049583
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0111772
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0123876
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0102745
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0106981
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0208722
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0100663
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt079695
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0598806
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt026384
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt027600
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt026872
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt021784
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt021236
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0123876
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.82860
IRS990ScheduleA/PublicSupportPY170Pct00.82210
IRS990ScheduleA/PublicSupportTotal170Amt0598806
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0102745
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0106981
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0208722
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0100663
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt079695
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0598806
IRS990ScheduleA/TotalSupportAmt0722682
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0760086
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1347966
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt272671
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENTS - EQUITIES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1INVESTMENTS - FIXED INCOME
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2INVESTMENTS - OTHER
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2F
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01800
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED REVENUE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER - RJ
IRS990ScheduleD/TotalBookValueProgramRltdAmt01180723
IRS990ScheduleD/TotalLiabilityAmt02000
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt026000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt031
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS SHALL GATHER AND ANALYZE FACTS AND CONDUCT SUCH INVESTIGATION AND RESEARCH FROM TIME TO TIME THAT MAY BE NECESSARY IN ORDER TO DETERMINE THE MOST EFFECTIVE USE OF GRANT FUNDS
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt12016 SCHOLARSHIP RECIPIENTS: JANUARY 1 THRU DECEMBER 31, 2016 . MORAN, ALEX 1,000 CHRISTIANSEN, ALEXANDER 500 CONCHA, ALVERO 500 MADDOX, AUSTIN 500 IBACH, BEN 1,000 SPALDING, BENEDICT 800 BUFFINGTON, BLAIR 800 BUSH, CHRIS 800 DONOVAN, CONNOR 1,800 STEPHENS, DRAKE 500 DEVANEY, GARRETT 500 SHEPHERD, GEORGE 2,100 LEGERTON, HUNTER 1,300 PODLIN, HUNTER 500 MCREE, JACK 1,000 WESTBROOK, JAMES 1,000 WELCH, JOE 500 MCKOWN, JONATHAN 500 BOYD, JOSEPH 500 HENRICKSEN, JOSH 500 WILLIAMS, KYLE 1,000 ENRIQUEZ, MARCOS 1,000 BLANCHARD, MICHAEL 800 MONAHAN, SEAN 500 FALLON, SHAYNE 1,500 BJELCEVIC, STEFAN 500 KNIGHT, TYLER 500 WILLIAMS, WARREN 1,000 SHARON, WILL 500 MIZELL, WILLIAM 1,600 HARNEY, ZACH 500
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE I, PAGE 4, PART IV
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0GLENN A MERRITT RAYMOND JAMES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0FINANCIAL ADVIS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt07764
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0FINANCIAL SERVICES
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION'S ENDOWMENT AND OPERATING ACCOUNTS ARE WITH RAYMOND JAMES. GLEN MERRIT, A FORMER OFFICER AND TRUSTEE OF THE FOUNDATION, IS AN ACCOUNT EXECUTIVE WITH RAYMOND JAMES AND IS RESPONSIBLE FOR OUR ACCOUNT. THE ACCOUNT WAS AWARDED TO RAYMOND JAMES AFTER THE EXECUTIVE COMMITTEE REVIEWED PROPOSALS FROM SEVERAL INVESTMENT FIRMS AND THE BOARD APPROVED RAYMOND JAMES PROPOSAL, FOLLOWING FULL DISCLOSURE OF MR. MERRITT'S RELATIONSHIP. QUARTERLY RESULTS ARE MONITORED BY THE FINANCE COMMITTEE, CHAIRED BY DOUG BANGERT.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OUR MISSION IS TO PROVIDE SCHOLARSHIP AWARDS TO THE BROTHERS/PLEDGES OF THE BETA PSI CHAPTER OF THE SIGMA CHI FRATERNITY ON THE BASIS OF SCHOLASTIC ACHIEVEMENT, LEADERSHIP ACHIEVEMENT, OR FINANCIAL NEED AND TO SUPPORT THEIR DEVELOPMENT BY PROVIDING THEM WITH SCHOLASTIC AND LEADERSHIP RELATED TRAINING PROGRAMS AND FACILITIES, THEREBY GIVING THEM THE BEST POSSIBLE FOUNDATION FOR THEIR SUCCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD REVIEWS THE FORM 990 AT THE FIRST BOARD MEETING AFTER ITS PREPARATION.

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,312,475
Liabilities
$2,000
Net assets
$1,310,475
Revenue
$146,968
Expenses
$97,385
Net income
$49,583
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.48$0.02$2.46$0.23$0.26$0.03
2023Summary only. Only limited summary data is available for this year.$2.31$0.02$2.29$0.23$0.12$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.96$0.01$1.95$0.18$0.11$0.06
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.25$0.01$2.24$0.33$0.11$0.22
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.98$0.00$1.97$0.18$0.13$0.05
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.76$0.00$1.76$0.24$0.12$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.48$0.00$1.48$0.19$0.11$0.08
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.52$0.00$1.52$0.17$0.11$0.06
2016Detailed filing. Detailed filing data is available for this year.$1.31$0.00$1.31$0.15$0.10$0.05
2016Summary only. Only limited summary data is available for this year.$1.31$0.00$1.31$0.15$0.10$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.16$0.14$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.26$0.01$1.26$0.25$0.09$0.15
2013Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.09$0.13$0.08$0.04
2012Summary only. Only limited summary data is available for this year.$0.93$0.00$0.93$0.10$0.09$0.02
2011Summary only. Only limited summary data is available for this year.$0.84$0.00$0.84$0.08$0.09$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$0.00$0.88$0.02