Civic Intelligence

Beta Theta Pi Fraternity

990 • Fiscal year 2015 • EIN 31-0531047

Jun 01, 2014 to May 31, 2015 • Filed on Feb 22, 2016

5134 Bonham RoadOxford, OH 45056

(513) 523-7591

Siviq Scores

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

Liabilities / Assets

28th percentile

0.21x

Higher debt load relative to assets than 28% of similar nonprofits.

2015 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

19th percentile

0.22x

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

2015 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2015

Net Margin

81st percentile

8.7%

Higher net margin than 81% of similar nonprofits.

2015 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

88th percentile

$209,293

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

2015 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2015

Asset Growth

75th percentile

5.4%

Faster asset growth than 75% of similar nonprofits.

2015 filings • 501(c)7 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

86th percentile

13%

Faster revenue growth than 86% of similar nonprofits.

2015 filings • 501(c)7 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Up

$6,919,948

Up $355,004 (+5.4%) from 2014

Net Assets

Up

$5,487,760

Up $544,392 (+11%) from 2014

Liabilities

Down

$1,432,188

Down $189,388 (-12%) from 2014

Revenue

Up

$6,505,803

Up $732,932 (+13%) from 2014

Expenses

Up

$5,940,353

Up $445,974 (+8.1%) from 2014

Net Income

Up

$565,450

Up $286,958 (+103%) from 2014

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $4,619,563Liabilities 2010: $1,525,266Net Assets 2010: $3,094,2972010Assets 2011: $5,624,270Liabilities 2011: $1,667,210Net Assets 2011: $3,957,0602011Assets 2012: $5,651,666Liabilities 2012: $1,566,896Net Assets 2012: $4,084,7702012Assets 2013: $6,076,488Liabilities 2013: $1,561,378Net Assets 2013: $4,515,1102013Assets 2014: $6,564,944Liabilities 2014: $1,621,576Net Assets 2014: $4,943,3682014Assets 2015: $6,919,948Liabilities 2015: $1,432,188Net Assets 2015: $5,487,7602015Assets 2016: $8,336,555Liabilities 2016: $2,823,393Net Assets 2016: $5,513,1622016Assets 2017: $9,107,365Liabilities 2017: $2,911,532Net Assets 2017: $6,195,8332017Assets 2018: $9,979,088Liabilities 2018: $3,373,344Net Assets 2018: $6,605,7442018Assets 2019: $8,068,966Liabilities 2019: $2,674,242Net Assets 2019: $5,394,7242019Assets 2020: $8,557,807Liabilities 2020: $2,535,999Net Assets 2020: $6,021,8082020Assets 2021: $10,511,977Liabilities 2021: $3,087,371Net Assets 2021: $7,424,6062021Assets 2022: $10,733,585Liabilities 2022: $3,762,708Net Assets 2022: $6,970,8772022Assets 2023: $6,605,669Liabilities 2023: $5,491,333Net Assets 2023: $1,114,3362023Assets 2024: $6,714,595Liabilities 2024: $4,808,442Net Assets 2024: $1,906,1532024

Highlighted filing

2015

Assets$6,919,948
Liabilities$1,432,188
Net Assets$5,487,760

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $3,206,9562010Expenses 2011: $3,542,9932011Expenses 2012: $4,421,8982012Expenses 2013: $4,984,5512013Revenue 2014: $5,772,871Expenses 2014: $5,494,379Net Income 2014: $278,4922014Revenue 2015: $6,505,803Expenses 2015: $5,940,353Net Income 2015: $565,4502015Revenue 2016: $6,355,364Expenses 2016: $5,847,912Net Income 2016: $507,4522016Revenue 2017: $6,630,084Expenses 2017: $6,167,417Net Income 2017: $462,6672017Revenue 2018: $7,283,404Expenses 2018: $6,696,739Net Income 2018: $586,6652018Revenue 2019: $6,858,017Expenses 2019: $7,758,221Net Income 2019: -$900,2042019Revenue 2020: $6,752,176Expenses 2020: $5,932,910Net Income 2020: $819,2662020Revenue 2021: $4,935,313Expenses 2021: $4,626,794Net Income 2021: $308,5192021Revenue 2022: $6,268,729Expenses 2022: $6,349,131Net Income 2022: -$80,4022022Revenue 2023: $6,378,113Expenses 2023: $7,611,188Net Income 2023: -$1,233,0752023Revenue 2024: $7,453,567Expenses 2024: $6,661,750Net Income 2024: $791,8172024

Highlighted filing

2015

Revenue$6,505,803
Expenses$5,940,353
Net Income$565,450
Jump To
Filing Snapshot
Filing Period
Jun 1, 2014 to May 31, 2015
Signed
Feb 22, 2016
Return Version
2014v6.0
Gross Receipts
$6,541,770
Mission and Program Overview

Mission

To develop men of principle for a principled life with the following core values:mutual assistance - betas believe that men are mutually obligated to help others in the honorable labors and aspirations of life.intellectual growth - betas are devoted to continually cultivating their minds, including high standards of academic achievement.trust - betas develop absolute faith and confidence in one another by being true to themselves and others.responsible conduct - betas choose to act responsibly, weighing the consequences of their actions on themselves and those around them.integrity - betas preserve their character by doing what is morally right and demanding the same from their brothers.

Beta theta pi fraternity promotes and develops intellect and culture.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,855,411$3,987,028▲ $131,617
Land, Buildings, and Equipment, Net$1,024,373$1,183,655▲ $159,282
Savings and Temporary Cash Investments$742,860$711,211▼ $31,649
Accounts Receivable$583,322$613,547▲ $30,225
Prepaid Expenses and Deferred Charges$306,633$339,302▲ $32,669
Inventories for Sale or Use$6,610$3,175▼ $3,435
Cash and Non-Interest-Bearing Accounts$101$112▲ $11
Total Assets$6,564,944$6,919,948▲ $355,004
Other Assets Total$45,634$81,918▲ $36,284
Liabilities
Other Liabilities$778,396$753,482▼ $24,914
Deferred Revenue$379,506$392,679▲ $13,173
Accounts Payable and Accrued Expenses$250,628$248,311▼ $2,317
Mortgage Notes Payable Secured by Investment Property$213,046$37,716▼ $175,330
Total Liabilities$1,621,576$1,432,188▼ $189,388
Net Assets / Fund Balance
Unrestricted Net Assets$4,943,368$5,487,760▲ $544,392
Total Net Assets Fund Balance$4,943,368$5,487,760▲ $544,392
Total Liabilities and Net Assets / Fund Balance$6,564,944$6,919,948▲ $355,004

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,062,832$909,131$1,971,963
Equipment$47,297$429,536$476,833
Land$73,526-$73,526
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cobb MartinDirector of CommunicationsPT$144,321$19,104$163,425
Horras JudsonAdministrative SecretaryPT$140,825$17,813$158,638
Brant JonathanFoundation Director-$9,761$7,113$16,874

Board Members and Trustees

NameTitle
Schnese RobertPresident
Allen Scott JVice President
Haile TedVice President
Kiesling Brad WVice President
Kokkinen MichaelVice President
Newton Jeffrey NVice President
O'MALLEY EDWARDVice President
Okenquist Michael RVice President
Swartz Paul BVice President
Wood Cary BVice President
Schmidt David EGeneral Secretary
Maddox LynnGeneral Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,843,993
Program Service Revenue
$1,110,406
Investment Income
$169,796
Other Revenue
$381,608
Change in Net Assets
$565,450

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,505,803
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$14,645
Total Revenue per Audited Statements
$6,520,448
Total Revenue per Form 990
$6,505,803
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,856,772
Salaries, Compensation, and Employee Benefits$2,082,581
Grants and Similar Amounts Paid$1,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,278,774
Conferences and Meetings---$999,698
Occupancy---$913,654
Travel---$523,804
Other Expenses---$470,586
Current Officers, Directors, Trustees, and Key Employees---$294,907
Office Expenses---$288,012
Other Employee Benefits---$229,883
Advertising---$213,865
Information Technology---$208,674
Payroll Taxes---$198,302
Pension Plan Contributions---$80,715
Depreciation Depletion---$75,123
Fees for Services Accounting---$50,855
Fees for Services Other---$42,900
Fees for Services Legal---$23,946
Payments to Affiliates---$18,859
Interest---$14,421
Fees for Service Investment Mgmnt Fees---$12,375
Grants to Domestic Orgs---$1,000
Total Functional Expenses$0$0$0$5,940,353

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,976,056
Expenses per Audited Statements$5,940,352
Total Expenses per Form 990$5,940,352
Expenses Not Reported on Form 990$35,704
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$8,816
Fundraising Direct Expenses$0
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
Chapter Housing Trust$299,666
Convention Deposits$266,944
Insurance Reserve$186,872
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The members of the corporation shall be the individual members of beta theta pi who have not died, resigned or have been expelled.

Form 990, Part VI, Section A, Line 7A

Annually convention delegates (comprised of presidents of each chapter) elect board of trustee members to terms of three years to create a board of no more than twelve.

Form 990, Part VI, Section A, Line 7B

All rights and privileges of members at an annual meeting shall be exercised by the delegates to a general convention elected as provided in the code of regulations when assembled as directed in the code of regulations. Only those members elected in accordance with the code of regulations as delegates to a general convention or other meeting of members shall be entitled to a vote; each such delegate shall have a single vote unless otherwise provided by the code of regulations.

Form 990, Part VI, Section B, Line 11

The treasurer (audit committee chair) reviews the form 990 and asks staff to email it to the remainder of the board for review prior to filing.

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

The scope of this policy includes all staff and board members. All board members and staff are required to sign the conflict of interest policy annually. If a conflict occurs, the board chairman and the executive director are informed and the conflict is worked through. No conflicts were noted for the current year.

Form 990, Part VI, Section B, Line 15

The board of trustees of the beta theta pi fraternity reviewed and approved the compensation for its executives in 2014 and it is reviewed annually. The board members reviewing the executive compensation were not related to any of the board or directors by family or business connection. Final approval is documented in the board of director minutes. The board also reviews other organization's 990s to determine compensation for the adminitrative secretary.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are provided upon request.

Filing and Contact Details

Filer

Filer Name
Beta Theta Pi Fraternity
EIN
31-0531047
Phone
5135237591
Address
5134 BONHAM ROAD, OXFORD, OH 45056

Signing Officer

Name
Jeff Rundle
Title
Administrative Secretary
Phone
5135237591
Signed
2016-02-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Rundle
Formed
1994
Legal Domicile
Oh
Voting Board Members
12
Independent Board Members
12
Employees
64
Volunteers
1,700

Preparer

Firm
Blue & Co LLC
Address
8800 LYRA DRIVE SUITE 450, COLUMBUS, OH 43240
Preparer
Stephen a Sheridan
Phone
6148852583
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the fraternity and recognize a tax liability if the fraternity has taken an uncertain position that more likely than not would not be sustained upon examination by various federal and state taxing authorities. Management has analyzed the tax positions taken by the fraternity, and has concluded that as of may 31, 2015 and 2014, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the accompanying financial statements. The fraternity has filed its federal and state income tax returns for periods through may 31, 2014 and is subject to routine audits by taxing jurisdictions. However, as of the date the financial statements were available to be issued, there were no audits for any tax periods in progress. These income tax returns are generally open to examination by the relevant taxing authorities for a period of three years from the later of the date the return was filed or its due date (including approved extensions).

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Rent expense 10,540. Cogs 25,164.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rent expense 10,540. Cogs 25,164.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0GENERAL SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1GENERAL TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12ADMINISTRATIVE SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt13FOUNDATION DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR OF COMMUNICATIONS
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt08816
IRS990/GainOrLossGrp/OtherAmt0-263
IRS990/GainOrLossGrp/SecuritiesAmt010033
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt010033
IRS990/GrossReceiptsAmt06541770
IRS990/GrossReceiptsForPublicUseAmt00
IRS990/GrossRentsGrp/RealAmt010000
IRS990/GrossSalesOfInventoryAmt02192
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0208674
IRS990/InitiationFeesAndCapContriAmt0739764
IRS990/InterestGrp/TotalAmt014421
IRS990/InventoriesForSaleOrUseGrp/BOYAmt06610
IRS990/InventoriesForSaleOrUseGrp/EOYAmt03175
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0160026
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt0160026
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03855411
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03987028
IRS990/IRPDocumentCnt032
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01338667
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01024373
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01183655
IRS990/LandBldgEquipCostOrOtherBssAmt02522322
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0263
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LessRentalExpensesGrp/RealAmt010540
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt03680981
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0BUILDING MEN OF PRINCIPLE FOR A PRINCIPLED LIFE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0213046
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt037716
IRS990/NetAssetsOrFundBalancesBOYAmt04943368
IRS990/NetAssetsOrFundBalancesEOYAmt05487760
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt09770
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt09770
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt08816
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt08816
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-22972
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-22972
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0-540
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-540
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-21058
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0913654
IRS990/OfficeExpensesGrp/TotalAmt0288012
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt045634
IRS990/OtherAssetsTotalGrp/EOYAmt081918
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0229883
IRS990/OtherExpensesGrp/Desc0OTHER EXPENSES
IRS990/OtherExpensesGrp/TotalAmt0470586
IRS990/OtherLiabilitiesGrp/BOYAmt0778396
IRS990/OtherLiabilitiesGrp/EOYAmt0753482
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1541800
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0ALUMNI FUNDED CONSULTA
IRS990/OtherRevenueMiscGrp/Desc1ADVERTISING
IRS990/OtherRevenueMiscGrp/Desc2MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt08359
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0217500
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0217500
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt110002
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt28359
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt010002
IRS990/OtherRevenueTotalAmt0235861
IRS990/OtherSalariesAndWagesGrp/TotalAmt01278774
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt018859
IRS990/PayrollTaxesGrp/TotalAmt0198302
IRS990/PensionPlanContributionsGrp/TotalAmt080715
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0306633
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0339302
IRS990/PrincipalOfficerNm0JEFF RUNDLE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBER SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01110406
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01110406
IRS990/ProgSrvcAccomActy2Grp/Desc0CHAPTER OPERATIONS: MAINTAINING AND SUPPORTING QUALITY CHAPTERS ACROSS NORTH AMERICA
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02466776
IRS990/ProgSrvcAccomActy3Grp/Desc0ANNUAL ORGANIZATIONAL CONVENTION TO DEVELOP THE MEMBERSHIP AND MAINTAIN THE GOVERNING OF THE FRATERNITY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01061578
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER RELATED PROGRAM SERVICES
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt01481936
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04387057
IRS990/PYGrantsAndSimilarPaidAmt01000
IRS990/PYInvestmentIncomeAmt0165732
IRS990/PYOtherExpensesAmt03324188
IRS990/PYOtherRevenueAmt0307792
IRS990/PYProgramServiceRevenueAmt0912290
IRS990/PYRevenuesLessExpensesAmt0278492
IRS990/PYSalariesCompEmpBnftPaidAmt02169191
IRS990/PYTotalExpensesAmt05494379
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05772871
IRS990/ReconcilationRevenueExpnssAmt0565450
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt01163012
IRS990/RentalIncomeOrLossGrp/RealAmt0-540
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt0160443
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt0160443
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0742860
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0711211
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01062832
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0909131
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01971963
IRS990ScheduleD/EquipmentGrp/BookValueAmt047297
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0429536
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0476833
IRS990ScheduleD/ExpensesNotReportedAmt035704
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05940352
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt073526
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt073526
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-21059
IRS990ScheduleD/OtherExpensesIncludedAmt035704
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0266944
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1186872
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2299666
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CONVENTION DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1INSURANCE RESERVE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CHAPTER HOUSING TRUST
IRS990ScheduleD/OtherRevenueAmt035704
IRS990ScheduleD/RevenueNotReportedAmt014645
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt06505803
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FRATERNITY AND RECOGNIZE A TAX LIABILITY IF THE FRATERNITY HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FRATERNITY, AND HAS CONCLUDED THAT AS OF MAY 31, 2015 AND 2014, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FRATERNITY HAS FILED ITS FEDERAL AND STATE INCOME TAX RETURNS FOR PERIODS THROUGH MAY 31, 2014 AND IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS. HOWEVER, AS OF THE DATE THE FINANCIAL STATEMENTS WERE AVAILABLE TO BE ISSUED, THERE WERE NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THESE INCOME TAX RETURNS ARE GENERALLY OPEN TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE LATER OF THE DATE THE RETURN WAS FILED OR ITS DUE DATE (INCLUDING APPROVED EXTENSIONS).
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENT EXPENSE 10,540. COGS 25,164.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENT EXPENSE 10,540. COGS 25,164.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01183655
IRS990ScheduleD/TotalExpensesPerForm990Amt05940352
IRS990ScheduleD/TotalLiabilityAmt0753482
IRS990ScheduleD/TotalRevenuePerForm990Amt06505803
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06520448
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05976056
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/HousingAllowanceOrResidenceInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0140825
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt19761
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2144321
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt014773
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1126346
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt242015

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.71$4.81$1.91$7.45$6.66$0.79
2023Detailed filing. Detailed filing data is available for this year.$6.61$5.49$1.11$6.38$7.61$1.23
2022Detailed filing. Detailed filing data is available for this year.$10.7$3.76$6.97$6.27$6.35$0.08
2021Detailed filing. Detailed filing data is available for this year.$10.5$3.09$7.42$4.94$4.63$0.31
2020Detailed filing. Detailed filing data is available for this year.$8.56$2.54$6.02$6.75$5.93$0.82
2019Detailed filing. Detailed filing data is available for this year.$8.07$2.67$5.39$6.86$7.76$0.90
2018Detailed filing. Detailed filing data is available for this year.$9.98$3.37$6.61$7.28$6.70$0.59
2017Detailed filing. Detailed filing data is available for this year.$9.11$2.91$6.20$6.63$6.17$0.46
2016Detailed filing. Detailed filing data is available for this year.$8.34$2.82$5.51$6.36$5.85$0.51
2015Detailed filing. Detailed filing data is available for this year.$6.92$1.43$5.49$6.51$5.94$0.57
2014Detailed filing. Detailed filing data is available for this year.$6.56$1.62$4.94$5.77$5.49$0.28
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.08$1.56$4.52$4.98
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.65$1.57$4.08$4.42
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.62$1.67$3.96$3.54
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.62$1.53$3.09$3.21