Civic Intelligence

Zeta Tau Alpha Fraternity Group Return

990 • Fiscal year 2017 • EIN 23-7161479

Aug 01, 2016 to Jul 31, 2017 • Filed on Jun 04, 2018

1036 S Rangeline RoadCarmel, IN 46032

(317) 872-0540

Siviq Scores

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

Liabilities / Assets

39th percentile

0.14x

Higher debt load relative to assets than 39% of similar nonprofits.

2017 filings • $50M-$100M nonprofits • Source year 2017

Liabilities / Revenue

15th percentile

0.03x

Higher debt load relative to revenue than 15% of similar nonprofits.

2017 filings • $50M-$100M nonprofits • Source year 2017

Net Margin

45th percentile

2.6%

Higher net margin than 45% of similar nonprofits.

2017 filings • $50M-$100M nonprofits • Source year 2017

Top Officer Pay

14th percentile

$57,133

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2017 filings • $50M-$100M nonprofits • Source year 2017

Asset Growth

87th percentile

20%

Faster asset growth than 87% of similar nonprofits.

2017 filings • $50M-$100M nonprofits • Annualized from 2016 to 2017

Revenue Growth

44th percentile

3.6%

Faster revenue growth than 44% of similar nonprofits.

2017 filings • $50M-$100M nonprofits • Annualized from 2016 to 2017

Assets

Up

$13,144,435

Up $2,203,863 (+20%) from 2016

Net Assets

Up

$11,289,638

Up $1,434,540 (+15%) from 2016

Liabilities

Up

$1,854,797

Up $769,323 (+71%) from 2016

Revenue

Up

$54,607,542

Up $1,872,607 (+3.6%) from 2016

Expenses

Up

$53,173,002

Up $1,959,078 (+3.8%) from 2016

Net Income

Down

$1,434,540

Down $86,471 (-5.7%) from 2016

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2014: $7,616,298Liabilities 2014: $1,099,731Net Assets 2014: $6,516,5672014Assets 2015: $9,521,712Liabilities 2015: $1,187,625Net Assets 2015: $8,334,0872015Assets 2016: $10,940,572Liabilities 2016: $1,085,474Net Assets 2016: $9,855,0982016Assets 2017: $13,144,435Liabilities 2017: $1,854,797Net Assets 2017: $11,289,6382017Assets 2019: $14,251,815Liabilities 2019: $1,365,016Net Assets 2019: $12,886,7992019Assets 2020: $15,593,483Liabilities 2020: $2,749,816Net Assets 2020: $12,843,6672020Assets 2021: $13,572,932Liabilities 2021: $2,311,502Net Assets 2021: $11,261,4302021Assets 2024: $13,874,676Liabilities 2024: $2,096,059Net Assets 2024: $11,778,6172024

Highlighted filing

2017

Assets$13,144,435
Liabilities$1,854,797
Net Assets$11,289,638

Operations Trend

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

$60M$40M$20M$0-$20MRevenue 2014: $46,555,116Expenses 2014: $45,849,042Net Income 2014: $706,0742014Revenue 2015: $50,806,435Expenses 2015: $48,988,915Net Income 2015: $1,817,5202015Revenue 2016: $52,734,935Expenses 2016: $51,213,924Net Income 2016: $1,521,0112016Revenue 2017: $54,607,542Expenses 2017: $53,173,002Net Income 2017: $1,434,5402017Revenue 2019: $51,399,517Expenses 2019: $50,519,820Net Income 2019: $879,6972019Revenue 2020: $52,201,987Expenses 2020: $52,245,119Net Income 2020: -$43,1322020Revenue 2021: $39,083,661Expenses 2021: $40,665,898Net Income 2021: -$1,582,2372021Revenue 2024: $56,734,844Expenses 2024: $57,917,807Net Income 2024: -$1,182,9632024

Highlighted filing

2017

Revenue$54,607,542
Expenses$53,173,002
Net Income$1,434,540
Jump To
Filing Snapshot
Filing Period
Aug 1, 2016 to Jul 31, 2017
Signed
Jun 4, 2018
Return Version
2016v3.0
Gross Receipts
$54,607,542
Mission and Program Overview

Mission

Zeta tau alpha fraternity was organized to establish and maintain fraternity chapters internationally. The fraternity maintains both collegiate and alumni chapters.

Zeta Tau Alpha Fraternity was organized to establish and maintian fraternity chapters internationally. The fraternity maintains both collegiate and alumni chapters.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$9,615,388$11,039,427▲ $1,424,039
Accounts Receivable$566,421$1,111,365▲ $544,944
Savings and Temporary Cash Investments$687,280$785,982▲ $98,702
Land, Buildings, and Equipment, Net$32,979$25,152▼ $7,827
Total Assets$10,940,572$13,144,435▲ $2,203,863
Other Assets Total$38,504$182,509▲ $144,005
Liabilities
Deferred Revenue$566,421$1,111,365▲ $544,944
Other Liabilities$480,324$560,698▲ $80,374
Accounts Payable and Accrued Expenses$38,729$182,734▲ $144,005
Total Liabilities$1,085,474$1,854,797▲ $769,323
Net Assets / Fund Balance
Unrestricted Net Assets$9,855,098$11,289,638▲ $1,434,540
Total Net Assets Fund Balance$9,855,098$11,289,638▲ $1,434,540
Total Liabilities and Net Assets / Fund Balance$10,940,572$13,144,435▲ $2,203,863

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$25,152$646,019$671,171
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Meghan Parker 71316-123116Executive DirectorPT$57,133$57,133
Kelley Harmon 1116-71216Executive DirectorPT$57,017$57,017

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,478,183
Program Service Revenue
$52,126,640
Investment Income
$2,719
Other Revenue
$0
All Other Contributions
$2,478,183
Change in Net Assets
$1,434,540
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$49,014,787
Salaries, Compensation, and Employee Benefits$4,158,215
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$14,120,610
All Other Expenses---$11,909,415
Other Expenses---$4,339,603
Other Salaries and Wages---$3,840,030
Payroll Taxes---$264,321
Office Expenses---$94,653
Other Employee Benefits---$53,864
Travel---$22,886
Total Functional Expenses$0$0$0$53,173,002
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Room Deposits$553,186
Loan$6,260
Garnishments$1,252
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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

Line 11a explanation - 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.

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

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.

Form 990, Part VI, Section B, line 15

The Board of Directors and Officers of Zeta Tau Alpha Fraternity Group (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.

Form 990, Part VI, Section C, line 19

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.

Filing and Contact Details

Filer

Filer Name
Zeta Tau Alpha Fraternity Group Return
EIN
23-7161479
Phone
3178720540
Address
1036 S Rangeline Road, Carmel, IN 46032

Signing Officer

Name
Meghan Parker
Title
Executive Director
Phone
3178720540
Signed
2018-06-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Meghan Parker
Voting Board Members
9
Independent Board Members
9
Employees
86
Volunteers
2,264

Preparer

Firm
Barnes Dennig & Co LTD
Address
5750 Castle Creek Pkwy Ste 245, Indianapolis, IN 46250
Preparer
Rickey Roysdon CPA
Phone
3175721130
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 24E

recruitment expenses: Program service expenses 0. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,825,082. vendor expenses: Program service expenses 0. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,578,223. member house reserve fund: Program service expenses 0. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,005,081. Bank fees: Program service expenses 0. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,482,376. alumni expense: Program service expenses 0. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,226,078. panhellenic dues: Program service expenses 0. Management and general expenses 0. Fundraising expenses 0. Total expenses 527,299. Equipment rental & maintenance: Program service expenses 0. Management and general expenses 0. Fundraising expenses 0. Total expenses 158,842. laundry/cleaning: Program service expenses 0. Management and general expenses 0. Fundraising expenses 0. Total expenses 50,376. misc: Program service expenses 0. Management and general expenses 0. Fundraising expenses 0. Total expenses 37,505. Bad Debt Expense: Program service expenses 0. Management and general expenses 0. Fundraising expenses 0. Total expenses 18,553.

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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Room Deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Garnishments
IRS990ScheduleD/TotalBookValueLandBuildingsAmt025152
IRS990ScheduleD/TotalLiabilityAmt0560698
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Line 11a explanation - 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/ExplanationTxt1Zeta 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/ExplanationTxt2The Board of Directors and Officers of Zeta Tau Alpha Fraternity Group (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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Zeta 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/ExplanationTxt4recruitment expenses: Program service expenses 0. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,825,082. vendor expenses: Program service expenses 0. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,578,223. member house reserve fund: Program service expenses 0. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,005,081. Bank fees: Program service expenses 0. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,482,376. alumni expense: Program service expenses 0. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,226,078. panhellenic dues: Program service expenses 0. Management and general expenses 0. Fundraising expenses 0. Total expenses 527,299. Equipment rental & maintenance: Program service expenses 0. Management and general expenses 0. Fundraising expenses 0. Total expenses 158,842. laundry/cleaning: Program service expenses 0. Management and general expenses 0. Fundraising expenses 0. Total expenses 50,376. misc: Program service expenses 0. Management and general expenses 0. Fundraising expenses 0. Total expenses 37,505. Bad Debt Expense: Program service expenses 0. Management and general expenses 0. Fundraising expenses 0. Total expenses 18,553.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, line 24e
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd01
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Zeta Tau Alpha Foundation Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1Zeta Tau Alpha Fraternity Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2Zeta Tau Alpha Fraternity Housing Corp
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0310987111
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1361996950
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2310912722
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(c)(7)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(c)(2)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Fundraising for educational and charitable projects
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1To establish and maintain fraternity chapters
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2Hold title and maintain properties for Fraternity
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt09
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01036 S Rangeline Road
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt11036 S Rangeline Road
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt21036 S Rangeline Road
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Carmel
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1Carmel
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2Carmel
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd146268
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd246268
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IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
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IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
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IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd01
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
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IRS990/StatesWhereCopyOfReturnIsFldCd0IN
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IRS990/TaxExemptBondsInd00
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IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt010940572
IRS990/TotalAssetsEOYAmt013144435
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IRS990/TotalAssetsGrp/EOYAmt013144435
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02478183
IRS990/TotalEmployeeCnt086
IRS990/TotalFunctionalExpensesGrp/TotalAmt053173002
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01085474
IRS990/TotalLiabilitiesEOYAmt01854797
IRS990/TotalLiabilitiesGrp/BOYAmt01085474
IRS990/TotalLiabilitiesGrp/EOYAmt01854797
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt09855098
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt011289638
IRS990/TotalOtherCompensationAmt017706
IRS990/TotalProgramServiceRevenueAmt052126640
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt02719
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt052126640
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt054607542
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt02264
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt010940572
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt013144435
IRS990/TotReportableCompRltdOrgAmt096444
IRS990/TravelGrp/TotalAmt022886
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt09855098
IRS990/UnrestrictedNetAssetsGrp/EOYAmt011289638
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01036 S Rangeline Road
IRS990/USAddress/CityNm0Carmel
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046032
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0zetataualpha.org
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Meghan Parker
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum03178720540
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-06-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Zeta Tau Alpha Fraternity Group Return
ReturnHeader/Filer/BusinessNameControlTxt0ZETA
ReturnHeader/Filer/EIN0237161479
ReturnHeader/Filer/PhoneNum03178720540
ReturnHeader/Filer/USAddress/AddressLine1Txt01036 S Rangeline Road
ReturnHeader/Filer/USAddress/CityNm0Carmel
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0EB43385F464239FA7DBBB7A76BD49C0E21FE0539
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