Civic Intelligence

Zeta Tau Alpha Fraternity Group Return

990 • Fiscal year 2019 • EIN 23-7161479

Aug 01, 2018 to Jul 31, 2019 • Filed on Jun 10, 2020

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

40th percentile

0.10x

Higher debt load relative to assets than 40% of similar nonprofits.

2019 filings • $50M-$100M nonprofits • Source year 2019

Liabilities / Revenue

19th percentile

0.03x

Higher debt load relative to revenue than 19% of similar nonprofits.

2019 filings • $50M-$100M nonprofits • Source year 2019

Net Margin

42nd percentile

1.7%

Higher net margin than 42% of similar nonprofits.

2019 filings • $50M-$100M nonprofits • Source year 2019

Top Officer Pay

22nd percentile

$135,181

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

2019 filings • $50M-$100M nonprofits • Source year 2019

Asset Growth

49th percentile

4.1%

Faster asset growth than 49% of similar nonprofits.

2019 filings • $50M-$100M nonprofits • Annualized from 2018 to 2019

Revenue Growth

23rd percentile

-7.7%

Faster revenue growth than 23% of similar nonprofits.

2019 filings • $50M-$100M nonprofits • Annualized from 2018 to 2019

Assets

Up

$14,251,815

Up $3,311,243 (+30%) from 2016

Net Assets

Up

$12,886,799

Up $3,031,701 (+31%) from 2016

Liabilities

Up

$1,365,016

Up $279,542 (+26%) from 2016

Revenue

Down

$51,399,517

Down $1,335,418 (-2.5%) from 2016

Expenses

Down

$50,519,820

Down $694,104 (-1.4%) from 2016

Net Income

Down

$879,697

Down $641,314 (-42%) 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 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

2019

Assets$14,251,815
Liabilities$1,365,016
Net Assets$12,886,799

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 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

2019

Revenue$51,399,517
Expenses$50,519,820
Net Income$879,697
Jump To
Filing Snapshot
Filing Period
Aug 1, 2018 to Jul 31, 2019
Signed
Jun 10, 2020
Return Version
2018v3.1
Gross Receipts
$54,449,822
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 maintain fraternity chapters internationally. The fraternity maintains both collegiate and alumnae chapters.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$11,742,646$12,691,048▲ $948,402
Savings and Temporary Cash Investments$881,653$827,807▼ $53,846
Accounts Receivable$812,224$595,621▼ $216,603
Prepaid Expenses and Deferred Charges$0$123,988▲ $123,988
Land, Buildings, and Equipment, Net$19,085$13,351▼ $5,734
Total Assets$13,688,649$14,251,815▲ $563,166
Other Assets Total$233,041$0▼ $233,041
Liabilities
Other Liabilities$629,797$633,684▲ $3,887
Deferred Revenue$812,224$595,621▼ $216,603
Accounts Payable and Accrued Expenses$233,266$123,988▼ $109,278
Unsecured Notes Loans Payable$6,260$11,723▲ $5,463
Total Liabilities$1,681,547$1,365,016▼ $316,531
Net Assets / Fund Balance
Unrestricted Net Assets$12,007,102$12,886,799▲ $879,697
Total Net Assets Fund Balance$12,007,102$12,886,799▲ $879,697
Total Liabilities and Net Assets / Fund Balance$13,688,649$14,251,815▲ $563,166

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$13,351$658,531$671,882
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Meghan ParkerExecutive DirectorPT$135,181$135,181

Board Members and Trustees

NameTitle
Alicia WilliamsNational President
Dolores Gonzales GastineauExtension Director
Franlyna Barrett CharlesNational Secretary/treasurer
Laura Ladewig LandersNpc Delegate
Cheri White ArmstrongVP - Alumnae
Dana Brasington AtkinsonVP - Alumnae
Laura Moak RedmanVP - Collegiate
Raechel Bennett BiggsVP - Collegiate
Shannon FergusonVP - Collegiate
Revenue and Support

Revenue Composition

Contributions and Grants
$190,873
Program Service Revenue
$50,868,384
Investment Income
$4,065
Other Revenue
$336,195
All Other Contributions
$190,873
Change in Net Assets
$879,697
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$45,950,752
Salaries, Compensation, and Employee Benefits$3,838,813
Grants and Similar Amounts Paid$730,255
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$15,944,662
Payments to Affiliates---$6,702,813
Other Salaries and Wages---$3,260,500
All Other Expenses---$3,128,682
Other Expenses---$2,872,368
Conferences and Meetings---$769,690
Grants to Domestic Orgs---$730,255
Payroll Taxes---$373,513
Fees for Services Accounting---$208,518
Other Employee Benefits---$204,800
Office Expenses---$114,612
Advertising---$8,282
Information Technology---$267
Total Functional Expenses$0$0$0$50,519,820
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Zeta Tau Alpha Foundation IncCarmel, IN501(c)(3)Philanthropic Grants$730,255
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,319,180
Fundraising Direct Expenses$959,145
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Chapter Fundraising$1,319,180$1,319,180$959,145$360,035
Total Events$1,319,180$1,319,180$959,145$360,035
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits$633,684
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
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, Part VI, Section B, Line 11B

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 15A

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.

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
2020-06-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Meghan Parker
Formed
1898
Legal Domicile
In
Voting Board Members
9
Independent Board Members
9
Employees
416
Volunteers
0

Preparer

Firm
Blue & Co LLC
Address
12800 N MERIDIAN ST STE 400, CARMEL, IN 46032
Preparer
Angela N Crawford CPA
Phone
3178488920
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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/PYTotalRevenueAmt055672870
IRS990/ReconcilationRevenueExpnssAmt0879697
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0658531
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0671882
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0633684
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013351
IRS990ScheduleD/TotalLiabilityAmt0633684
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CHAPTER FUNDRAISING
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt01319180
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PHILANTHROPIC GRANTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ZETA TAU ALPHA FOUNDATION INC
IRS990ScheduleI/RecipientTable/RecipientEIN0310987111
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ZETA 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 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/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/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 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1ZETA TAU ALPHA FRATERNITY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2ZETA TAU ALPHA FRATERNITY HOUSING CORP
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0FUNDRAISING FOR EDUCATIONAL AND CHARITABLE PROJECTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1ESTABLISH AND MAINTAIN FRATERNITY CHAPTERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2HOLD TITLE TO AND MAINTAIN PROPERTIES FOR FRATERNITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01036 S RANGELINE ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt11036 S RANGELINE ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt21036 S RANGELINE ROAD
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IRS990ScheduleR/PerformOfServicesForOthOrgInd00
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IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0730255
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ZETA TAU ALPHA FOUNDATION INC
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IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalOtherCompensationAmt017313
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