Liabilities / Assets
16th percentile
Higher debt load relative to assets than 16% of similar nonprofits.
EIN 23-7161479 • 501(c)7 • Carmel, IN
Profile
Zeta Tau Alpha Fraternity was organized to establish and maintain fraternity chapters internationally. The fraternity maintains both collegiate and alumni chapters.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
16th percentile
Higher debt load relative to assets than 16% of similar nonprofits.
Liabilities / Revenue
5th percentile
Higher debt load relative to revenue than 5% of similar nonprofits.
Net Margin
28th percentile
Higher net margin than 28% of similar nonprofits.
Top Officer Pay
13th percentile
Higher top officer pay than 13% of similar nonprofits.
Top officer pay equals 0.3% of source-year revenue.
Asset Growth
3rd percentile
Faster asset growth than 3% of similar nonprofits.
Revenue Growth
31st percentile
Faster revenue growth than 31% of similar nonprofits.
Assets
Up$13,874,676
Up $301,744 (+2.2%) from 2021
Liabilities
Down$2,096,059
Down $215,443 (-9.3%) from 2021
Net Assets
Up$11,778,617
Up $517,187 (+4.6%) from 2021
Revenue
Up$56,734,844
Up $17,651,183 (+45%) from 2021
Expenses
Up$57,917,807
Up $17,251,909 (+42%) from 2021
Net Income
Up-$1,182,963
Up $399,274 (+25%) from 2021
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Zeta tau alpha fraternity was organized to establish and maintain fraternity chapters internationally. The fraternity maintains both collegiate and alumnae chapters.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $13,553,222 | $12,284,179 | ▼ $1,269,043 |
| Savings and Temporary Cash Investments | $1,054,520 | $1,067,243 | ▲ $12,723 |
| Accounts Receivable | $323,355 | $305,686 | ▼ $17,669 |
| Prepaid Expenses and Deferred Charges | $268,159 | $216,031 | ▼ $52,128 |
| Land, Buildings, and Equipment, Net | $1,084 | $1,537 | ▲ $453 |
| Total Assets | $15,200,340 | $13,874,676 | ▼ $1,325,664 |
| Liabilities | |||
| Other Liabilities | $938,825 | $973,345 | ▲ $34,520 |
| Unsecured Notes Loans Payable | $876,755 | $762,314 | ▼ $114,441 |
| Deferred Revenue | $323,355 | $305,686 | ▼ $17,669 |
| Accounts Payable and Accrued Expenses | $99,825 | $54,714 | ▼ $45,111 |
| Total Liabilities | $2,238,760 | $2,096,059 | ▼ $142,701 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $12,961,580 | $11,778,617 | ▼ $1,182,963 |
| Total Net Assets Fund Balance | $12,961,580 | $11,778,617 | ▼ $1,182,963 |
| Total Liabilities and Net Assets / Fund Balance | $15,200,340 | $13,874,676 | ▼ $1,325,664 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $1,537 | $25,669 | $27,206 |
| Name | Title |
|---|---|
| Dinah Laughery | National President |
| Meghan Parker | Executive Director |
| Karla Wheeler | Extension Director |
| Shannon Ferguson | National Secretary/treasur |
| Kathleen Zamulinsky | Npc Delegate |
| Cheri Armstrong | VP - Alumnae |
| Kery Webb | VP - Alumnae |
| Kimberly Ivester | VP - Collegiate |
| Meredith Braselman | VP - Collegiate |
| Stancy Hagans | VP - Collegiate |
| Line Item | Amount |
|---|---|
| Other Expenses | $54,708,054 |
| Salaries, Compensation, and Employee Benefits | $2,879,779 |
| Grants and Similar Amounts Paid | $329,974 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Occupancy | - | - | - | $18,540,533 |
| Payments to Affiliates | - | - | - | $9,315,996 |
| All Other Expenses | - | - | - | $3,459,662 |
| Other Expenses | - | - | - | $3,441,429 |
| Other Salaries and Wages | - | - | - | $2,489,910 |
| Conferences and Meetings | - | - | - | $979,640 |
| Grants to Domestic Orgs | - | - | - | $329,974 |
| Payroll Taxes | - | - | - | $244,412 |
| Fees for Services Accounting | - | - | - | $153,436 |
| Other Employee Benefits | - | - | - | $145,457 |
| Office Expenses | - | - | - | $99,644 |
| Advertising | - | - | - | $8,619 |
| Travel | - | - | - | $3,800 |
| Information Technology | - | - | - | $795 |
| Total Functional Expenses | $0 | $0 | $0 | $57,917,807 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Zeta Tau Alpha Foundation Inc | Carmel, IN | 501(c)(3) | Philanthropic Grants | $329,974 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $649,271 |
| Fundraising Direct Expenses | $595,647 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Chapter Fundraising | $649,271 | $649,271 | $595,647 | $53,624 |
| Total Events | $649,271 | $649,271 | $595,647 | $53,624 |
| Liability | Amount |
|---|---|
| Deposits | $973,345 |
“A. Collegiate members. 1. New members. These shall include only regularly enrolled college women who have received the favorable vote of a collegiate chapter while regularly enrolled in that college, who have met the requirements of the eligibility clauses and who are in the process of satisfying the requirements for initiation. Also included shall be regularly enrolled collegiate members of groups absorbed by zeta tau alpha who are in the process of satisfying the requirements for initiation. 2. Initiated members. These shall include only regularly enrolled college women who have received the favorable vote of a collegiate chapter while regularly enrolled in that college and who have met the requirements of the eligibility clauses and have been initiated in accordance with the provisions of the initiation ritual. Also included shall be regularly enrolled collegiate members of groups absorbed by zeta tau alpha who have successfully fulfilled the collegiate requirements for initiation and who have been initiated in accordance with the provisions of the initiation ritual. B. Alumnae members. 1. Regular initiates. These shall be women who have been regularly initiated into zeta tau alpha and who have graduated from college, who attend a college where there is no chapter of zeta tau alpha, or who are no longer students in college. Also included shall be alumnae members of groups absorbed by zeta tau alpha who have been approved by the national council and regularly initiated at a time other than installation. 2. Convention initiates. Women ineligible for initiation by a collegiate chapter who have rendered outstanding service to the fraternity or in a chosen field of work shall, upon unanimous approval of the national council, be eligible for initiation at an international convention. There shall be no initiation fee. A pearl-set badge, life membership, and life subscription to themis shall be presented to each convention initiate. Each convention initiate shall be assigned to a definite chapter. 3. Special initiates. Outstanding local women or women who at some previous time have been pledged to a collegiate chapter of zeta tau alpha and who have proven their worth and continued interest in the fraternity may be initiated at a regular collegiate chapter service or at a time and place approved by the national council. A four-year period must have elapsed between the time they left college and the time they are presented for initiation. 4. Installation initiates. At the time of an installation of a collegiate chapter, one or more outstanding women may be chosen locally and upon receiving the unanimous vote of the national council may become installation initiates. Also included will be alumnae members of groups absorbed by zeta tau alpha who have been approved by the national council and are initiated at the time of an installation.”
“Chapter members elect their chapter leaders following a process that is outlined by our guide to chapter elections.”
“Zeta tau alpha fraternity group's form 990 and all related schedules, statements and attachments are reviewed and approved by the appropriate representative(s) from the board of director's executive committee prior to finalizing and filing these tax returns with the internal revenue service.”
“Zeta tau alpha fraternity group periodically distributes conflict of interest questionnaires to each officer and member of the board of directors. The questionnaires include statements regarding other employment, being related to anyone on the board and other items that may create an appearence of a potential independence issue. The identification, evaluation and resolution of those issues are discussed with the appropriate level of management or members of the board of directors.”
“The board of directors and officers of zeta tau alpha fraternity group are not compensated and serve on a voluntary basis. Staffing at the local affiliated chapters and related compensation rates are set at the local affiliated chapter with general consultations and oversight from the national directors and officers. The executive director is compensated by a related organization. That organization's board of directors determines and sets executive director's compensation rates after a thourough review of all related issues, consultation with independent persons, review of comparable data and deliberation.”
“Zeta tau alpha fraternity group makes its governing documents, conflict of interest policy and financial statements, as applicable, available to the public upon written request made to the attention of our president and received at our corporate office address as well as on another's web site.”
“This is a group return for multiple subordinates. No individual subordinate had unrelated business income in excess of $1,000. Therefore, no individual 990-t's will be filed.”
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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| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 305686 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | ZETA TAU ALPHA FRATERNITY WAS ORGANIZED TO ESTABLISH AND MAINTAIN FRATERNITY CHAPTERS INTERNATIONALLY. THE FRATERNITY MAINTAINS BOTH COLLEGIATE AND ALUMNAE CHAPTERS. |
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| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1036 S RANGELINE ROAD |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | CARMEL |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 46032 |
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| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 12284179 |
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| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 305686 |
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| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 153436 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | CHERI ARMSTRONG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | KERY WEBB |
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| IRS990/FormationYr | 0 | 1898 |
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| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
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| IRS990/GrantsToIndividualsInd | 0 | 0 |
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| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | ZETA TAU ALPHA FRATERNITY WAS ORGANIZED TO ESTABLISH AND MAINTAIN FRATERNITY CHAPTERS INTERNATIONALLY. THE FRATERNITY MAINTAINS BOTH COLLEGIATE AND ALUMNAE CHAPTERS. |
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| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | -91061 |
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| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 11778617 |
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| IRS990/OtherExpensesGrp/Desc | 0 | KITCHEN AND MEAL PLANS |
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| IRS990/OtherExpensesGrp/Desc | 2 | SOCIAL EVENTS |
| IRS990/OtherExpensesGrp/Desc | 3 | CHAPTER ACTIVITIES |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 9345290 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 4982704 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 4376506 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 3441429 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 938825 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 973345 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 2489910 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 9315996 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 244412 |
| IRS990/PoliciesReferenceChaptersInd | 0 | 1 |
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| IRS990/ProgramServiceRevenueGrp/Desc | 3 | RECRUITMENT AND PROGRAMMING |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | SOCIAL EVENTS |
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| IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt | 0 | A RELATED ORGANIZATION PAYS THE EXECUTIVE DIRECTOR'S SALARY. THAT ORGANIZATION UTILIZES A COMPENSATION CONSULTANT, FORM 990S OF OTHER ORGANIZATIONS, COMPENSATION SURVEYS AND APPROVAL BY THE BOARD OF DIRECTORS IN DETERMINING HER COMPENSATION. |
| IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I, LINE 3 |
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| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THIS IS A GROUP RETURN FOR MULTIPLE SUBORDINATES. NO INDIVIDUAL SUBORDINATE HAD UNRELATED BUSINESS INCOME IN EXCESS OF $1,000. THEREFORE, NO INDIVIDUAL 990-T'S WILL BE FILED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | A. COLLEGIATE MEMBERS. 1. NEW MEMBERS. THESE SHALL INCLUDE ONLY REGULARLY ENROLLED COLLEGE WOMEN WHO HAVE RECEIVED THE FAVORABLE VOTE OF A COLLEGIATE CHAPTER WHILE REGULARLY ENROLLED IN THAT COLLEGE, WHO HAVE MET THE REQUIREMENTS OF THE ELIGIBILITY CLAUSES AND WHO ARE IN THE PROCESS OF SATISFYING THE REQUIREMENTS FOR INITIATION. ALSO INCLUDED SHALL BE REGULARLY ENROLLED COLLEGIATE MEMBERS OF GROUPS ABSORBED BY ZETA TAU ALPHA WHO ARE IN THE PROCESS OF SATISFYING THE REQUIREMENTS FOR INITIATION. 2. INITIATED MEMBERS. THESE SHALL INCLUDE ONLY REGULARLY ENROLLED COLLEGE WOMEN WHO HAVE RECEIVED THE FAVORABLE VOTE OF A COLLEGIATE CHAPTER WHILE REGULARLY ENROLLED IN THAT COLLEGE AND WHO HAVE MET THE REQUIREMENTS OF THE ELIGIBILITY CLAUSES AND HAVE BEEN INITIATED IN ACCORDANCE WITH THE PROVISIONS OF THE INITIATION RITUAL. ALSO INCLUDED SHALL BE REGULARLY ENROLLED COLLEGIATE MEMBERS OF GROUPS ABSORBED BY ZETA TAU ALPHA WHO HAVE SUCCESSFULLY FULFILLED THE COLLEGIATE REQUIREMENTS FOR INITIATION AND WHO HAVE BEEN INITIATED IN ACCORDANCE WITH THE PROVISIONS OF THE INITIATION RITUAL. B. ALUMNAE MEMBERS. 1. REGULAR INITIATES. THESE SHALL BE WOMEN WHO HAVE BEEN REGULARLY INITIATED INTO ZETA TAU ALPHA AND WHO HAVE GRADUATED FROM COLLEGE, WHO ATTEND A COLLEGE WHERE THERE IS NO CHAPTER OF ZETA TAU ALPHA, OR WHO ARE NO LONGER STUDENTS IN COLLEGE. ALSO INCLUDED SHALL BE ALUMNAE MEMBERS OF GROUPS ABSORBED BY ZETA TAU ALPHA WHO HAVE BEEN APPROVED BY THE NATIONAL COUNCIL AND REGULARLY INITIATED AT A TIME OTHER THAN INSTALLATION. 2. CONVENTION INITIATES. WOMEN INELIGIBLE FOR INITIATION BY A COLLEGIATE CHAPTER WHO HAVE RENDERED OUTSTANDING SERVICE TO THE FRATERNITY OR IN A CHOSEN FIELD OF WORK SHALL, UPON UNANIMOUS APPROVAL OF THE NATIONAL COUNCIL, BE ELIGIBLE FOR INITIATION AT AN INTERNATIONAL CONVENTION. THERE SHALL BE NO INITIATION FEE. A PEARL-SET BADGE, LIFE MEMBERSHIP, AND LIFE SUBSCRIPTION TO THEMIS SHALL BE PRESENTED TO EACH CONVENTION INITIATE. EACH CONVENTION INITIATE SHALL BE ASSIGNED TO A DEFINITE CHAPTER. 3. SPECIAL INITIATES. OUTSTANDING LOCAL WOMEN OR WOMEN WHO AT SOME PREVIOUS TIME HAVE BEEN PLEDGED TO A COLLEGIATE CHAPTER OF ZETA TAU ALPHA AND WHO HAVE PROVEN THEIR WORTH AND CONTINUED INTEREST IN THE FRATERNITY MAY BE INITIATED AT A REGULAR COLLEGIATE CHAPTER SERVICE OR AT A TIME AND PLACE APPROVED BY THE NATIONAL COUNCIL. A FOUR-YEAR PERIOD MUST HAVE ELAPSED BETWEEN THE TIME THEY LEFT COLLEGE AND THE TIME THEY ARE PRESENTED FOR INITIATION. 4. INSTALLATION INITIATES. AT THE TIME OF AN INSTALLATION OF A COLLEGIATE CHAPTER, ONE OR MORE OUTSTANDING WOMEN MAY BE CHOSEN LOCALLY AND UPON RECEIVING THE UNANIMOUS VOTE OF THE NATIONAL COUNCIL MAY BECOME INSTALLATION INITIATES. ALSO INCLUDED WILL BE ALUMNAE MEMBERS OF GROUPS ABSORBED BY ZETA TAU ALPHA WHO HAVE BEEN APPROVED BY THE NATIONAL COUNCIL AND ARE INITIATED AT THE TIME OF AN INSTALLATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | CHAPTER MEMBERS ELECT THEIR CHAPTER LEADERS FOLLOWING A PROCESS THAT IS OUTLINED BY OUR GUIDE TO CHAPTER ELECTIONS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ZETA TAU ALPHA FRATERNITY GROUP'S FORM 990 AND ALL RELATED SCHEDULES, STATEMENTS AND ATTACHMENTS ARE REVIEWED AND APPROVED BY THE APPROPRIATE REPRESENTATIVE(S) FROM THE BOARD OF DIRECTOR'S EXECUTIVE COMMITTEE PRIOR TO FINALIZING AND FILING THESE TAX RETURNS WITH THE INTERNAL REVENUE SERVICE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | ZETA TAU ALPHA FRATERNITY GROUP PERIODICALLY DISTRIBUTES CONFLICT OF INTEREST QUESTIONNAIRES TO EACH OFFICER AND MEMBER OF THE BOARD OF DIRECTORS. THE QUESTIONNAIRES INCLUDE STATEMENTS REGARDING OTHER EMPLOYMENT, BEING RELATED TO ANYONE ON THE BOARD AND OTHER ITEMS THAT MAY CREATE AN APPEARENCE OF A POTENTIAL INDEPENDENCE ISSUE. THE IDENTIFICATION, EVALUATION AND RESOLUTION OF THOSE ISSUES ARE DISCUSSED WITH THE APPROPRIATE LEVEL OF MANAGEMENT OR MEMBERS OF THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE BOARD OF DIRECTORS AND OFFICERS OF ZETA TAU ALPHA FRATERNITY GROUP ARE NOT COMPENSATED AND SERVE ON A VOLUNTARY BASIS. STAFFING AT THE LOCAL AFFILIATED CHAPTERS AND RELATED COMPENSATION RATES ARE SET AT THE LOCAL AFFILIATED CHAPTER WITH GENERAL CONSULTATIONS AND OVERSIGHT FROM THE NATIONAL DIRECTORS AND OFFICERS. THE EXECUTIVE DIRECTOR IS COMPENSATED BY A RELATED ORGANIZATION. THAT ORGANIZATION'S BOARD OF DIRECTORS DETERMINES AND SETS EXECUTIVE DIRECTOR'S COMPENSATION RATES AFTER A THOUROUGH REVIEW OF ALL RELATED ISSUES, CONSULTATION WITH INDEPENDENT PERSONS, REVIEW OF COMPARABLE DATA AND DELIBERATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | ZETA TAU ALPHA FRATERNITY GROUP MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS, AS APPLICABLE, AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST MADE TO THE ATTENTION OF OUR PRESIDENT AND RECEIVED AT OUR CORPORATE OFFICE ADDRESS AS WELL AS ON ANOTHER'S WEB SITE. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART V, LINE 3B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION B, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VI, SECTION C, LINE 19 |
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