Civic Intelligence

Delta Delta Delta

990 • Fiscal year 2023 • EIN 36-2374316

Aug 01, 2022 to Jul 31, 2023 • Filed on May 15, 2024

14951 North Dallas Parkway Ste 500Dallas, TX 75254

(817) 633-8001

Siviq Scores

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

Liabilities / Assets

58th percentile

0.40x

Higher debt load relative to assets than 58% of similar nonprofits.

2023 filings • 501(c)7 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

46th percentile

0.63x

Higher debt load relative to revenue than 46% of similar nonprofits.

2023 filings • 501(c)7 • $10M-$25M nonprofits • Source year 2023

Net Margin

6th percentile

-18%

Higher net margin than 6% of similar nonprofits.

2023 filings • 501(c)7 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

69th percentile

$287,581

Higher top officer pay than 69% of similar nonprofits.

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

2023 filings • 501(c)7 • $10M-$25M nonprofits • Source year 2023

Asset Growth

78th percentile

15%

Faster asset growth than 78% of similar nonprofits.

2023 filings • 501(c)7 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

17th percentile

-3.5%

Faster revenue growth than 17% of similar nonprofits.

2023 filings • 501(c)7 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Up

$14,446,908

Up $1,842,456 (+15%) from 2022

Net Assets

Down

$8,659,410

Down $914,424 (-9.6%) from 2022

Liabilities

Up

$5,787,498

Up $2,756,880 (+91%) from 2022

Revenue

Down

$9,122,429

Down $329,504 (-3.5%) from 2022

Expenses

Down

$10,741,658

Down $555,950 (-4.9%) from 2022

Net Income

Up

-$1,619,229

Up $226,446 (+12%) from 2022

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 2013: $17,323,899Liabilities 2013: $1,349,499Net Assets 2013: $15,974,4002013Assets 2014: $19,552,353Liabilities 2014: $1,532,144Net Assets 2014: $18,020,2092014Assets 2015: $19,909,035Liabilities 2015: $1,091,791Net Assets 2015: $18,817,2442015Assets 2016: $15,464,562Liabilities 2016: $471,640Net Assets 2016: $14,992,9222016Assets 2017: $14,280,626Liabilities 2017: $2,181,837Net Assets 2017: $12,098,7892017Assets 2018: $14,555,192Liabilities 2018: $3,698,119Net Assets 2018: $10,857,0732018Assets 2019: $12,751,360Liabilities 2019: $2,248,327Net Assets 2019: $10,503,0332019Assets 2020: $13,397,589Liabilities 2020: $2,895,934Net Assets 2020: $10,501,6552020Assets 2021: $15,299,454Liabilities 2021: $3,292,552Net Assets 2021: $12,006,9022021Assets 2022: $12,604,452Liabilities 2022: $3,030,618Net Assets 2022: $9,573,8342022Assets 2023: $14,446,908Liabilities 2023: $5,787,498Net Assets 2023: $8,659,4102023Assets 2024: $14,823,260Liabilities 2024: $5,996,202Net Assets 2024: $8,827,0582024

Highlighted filing

2023

Assets$14,446,908
Liabilities$5,787,498
Net Assets$8,659,410

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2013: $5,140,0312013Revenue 2014: $6,977,449Expenses 2014: $5,355,094Net Income 2014: $1,622,3552014Revenue 2015: $7,412,323Expenses 2015: $6,447,545Net Income 2015: $964,7782015Revenue 2016: $7,147,814Expenses 2016: $11,381,873Net Income 2016: -$4,234,0592016Revenue 2017: $6,702,784Expenses 2017: $9,430,955Net Income 2017: -$2,728,1712017Revenue 2018: $8,220,369Expenses 2018: $9,643,104Net Income 2018: -$1,422,7352018Revenue 2019: $9,178,575Expenses 2019: $10,753,115Net Income 2019: -$1,574,5402019Revenue 2020: $8,887,231Expenses 2020: $8,850,358Net Income 2020: $36,8732020Revenue 2021: $12,423,380Expenses 2021: $9,033,047Net Income 2021: $3,390,3332021Revenue 2022: $9,451,933Expenses 2022: $11,297,608Net Income 2022: -$1,845,6752022Revenue 2023: $9,122,429Expenses 2023: $10,741,658Net Income 2023: -$1,619,2292023Revenue 2024: $10,384,449Expenses 2024: $10,989,206Net Income 2024: -$604,7572024

Highlighted filing

2023

Revenue$9,122,429
Expenses$10,741,658
Net Income-$1,619,229
Jump To
Filing Snapshot
Filing Period
Aug 1, 2022 to Jul 31, 2023
Signed
May 15, 2024
Return Version
2022v5.0
Gross Receipts
$15,493,309
Mission and Program Overview

Mission

To promote and develop mutually beneficial relationships between the fraternity and the colleges and universities where the fraternity has established chapters, to develop qualities of unselfish leadership among its members, and to encourage them to assume, with integrity and devotion to moral and democratic principles, the highest responsibilities of college women

To promote and develop mutually beneficial relationships between the fraternity and the colleges and universities where the fraternity has established chapters, to develop qualities of unselfish leadership among its members, and to encourage them to assume, with integrity and devotion to moral and democratic principles, the highest responsibilities of college women.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$10,296,438$9,322,397▼ $974,041
Land, Buildings, and Equipment, Net$1,432,846$1,539,046▲ $106,200
Other Notes and Loans Receivable, Net$348,635$772,195▲ $423,560
Savings and Temporary Cash Investments$408,603$419,585▲ $10,982
Prepaid Expenses and Deferred Charges$70,940$60,000▼ $10,940
Accounts Receivable$46,990$11,314▼ $35,676
Total Assets$12,604,452$14,446,908▲ $1,842,456
Other Assets Total-$2,322,371-
Liabilities
Other Liabilities$1,000,000$3,972,371▲ $2,972,371
Accounts Payable and Accrued Expenses$1,748,109$1,435,272▼ $312,837
Deferred Revenue$282,509$379,855▲ $97,346
Total Liabilities$3,030,618$5,787,498▲ $2,756,880
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,968,890$6,024,265▼ $944,625
Net Assets With Donor Restrictions$2,604,944$2,635,145▲ $30,201
Total Net Assets Fund Balance$9,573,834$8,659,410▼ $914,424
Total Liabilities and Net Assets / Fund Balance$12,604,452$14,446,908▲ $1,842,456

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,539,046$1,403,086$2,942,132
Other Assets Org$2,322,371--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Karen Hughes WhiteCEOFT$287,581$287,581
Barbara H HallCFOPT$194,523$194,523
Stefan StricklandCXOFT$193,156$193,156
Mindy Tucker FletcherVP MarketingPT$184,934$184,934
Mindy Tucker FletcherVP Marketing & Commu-$184,934$184,934
Daniel DuncanVP of HousinPT$181,636$181,636
Daniel DuncanVP of Housing & Oper-$181,636$181,636

Board Members and Trustees

NameTitle
Megan Shaw JamesPresident
Elizabeth DimartinoDirector
Emily GreerDirector
Leah JochimDirector
Lenora OetersDirector
Susan WodaDirector
Tycely WilliamsDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,532,471
Program Service Revenue
$7,364,271
Investment Income
$-225,392
Other Revenue
$451,079
All Other Contributions
$76,669
Change in Net Assets
$-1,619,229

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,088,835
Revenue Not Reported on Financial Statements
$33,594
Revenue Not Reported on Form 990
$1,453,233
Total Revenue per Audited Statements
$10,542,068
Total Revenue per Form 990
$9,122,429
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,935,068
Salaries, Compensation, and Employee Benefits$3,806,590
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$3,248,012
Conferences and Meetings---$1,691,272
Information Technology---$868,099
Occupancy---$686,089
Payroll Taxes---$357,475
Travel---$293,670
Office Expenses---$180,638
Depreciation Depletion---$160,973
Other Employee Benefits---$149,146
Other Expenses---$66,740
Fees for Services Accounting---$65,686
Fees for Services Legal---$64,209
Pension Plan Contributions---$51,957
Interest---$45,712
All Other Expenses---$44,836
Fees for Service Investment Mgmnt Fees---$33,594
Total Functional Expenses$0$0$0$10,741,658

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$11,456,495
Total Expenses per Form 990$10,741,658
Expenses per Audited Statements$10,708,064
Expenses Not Reported on Form 990$748,431
Expenses Not Reported on Financial Statements$33,594
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
Operating Lease Right of Use Liabili$2,322,371
Frost - Line of Credit$1,650,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

The members vote the new governing body at the bi-annual convention.

Form 990, Page 6, Part VI, Line 11B

The board of directors are provided a copy of the 990 before it is filed.

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

The conflicts of interest are reviewed annually to ensure compliance with the policy.

Form 990, Page 6, Part VI, Line 15A

See schedule j for more information on how compensation is determined.

Form 990, Page 6, Part VI, Line 19

The organization does not make its governing documents, conflicts of interest policy or financial statements available to the public.

Filing and Contact Details

Filer

Filer Name
Delta Delta Delta
EIN
36-2374316
Phone
8176338001
Address
14951 NORTH DALLAS PARKWAY STE 500, DALLAS, TX 75254

Signing Officer

Name
Michael Bennett
Title
CFO
Phone
8176338001
Signed
2024-05-15

Organization Details

Principal Officer
Michael Bennett
Formed
1888
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
7
Employees
94
Volunteers
1,350

Preparer

Firm
Psk Llp
Address
3001 MEDLIN DR STE 100, ARLINGTON, TX 76015
Preparer
Kylie Lindsey
Phone
8176643000
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To promote and develop mutually beneficial relationships between the fraternity and the colleges and universities where the fraternity has established chapters, to develop qualities of unselfish leadership among its members, and to encourage them to assume, with integrity and devotion to moral and democratic principles, the highest responsibilities of college women.

Form 990

Through our leaddd now and follow-on leaddd always efforts, tri delta has worked to center diversity, equity, inclusion, access and belonging (deiab)- embedding it into every aspect of the member experience. This work has been informed by a comprehensive diversity audit and follow-on inclusion climate surveys of our collegiate and alumnae members. Deiab remains a top strategic priority for tri delta.

Form 990, Page 1, Part I, Line 6

The volunteers assist in managing chapters and provide alumnae support.

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Liability insurance 748,431

Schedule D, Page 4, Part XII, Line 2D

Liability insurance 748,431

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IRS990/OfficeExpensesGrp/TotalAmt0180638
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt0149146
IRS990/OtherExpensesGrp/Desc0FRATERNITY PROGRAMS
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2EQUIPMENT RENTAL & MAINT.
IRS990/OtherExpensesGrp/Desc3OTHER EXPENSES
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IRS990/PrincipalOfficerNm0MICHAEL BENNETT
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IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES & ASSESSMENTS
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM SERVICE REVENUE
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt01403086
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IRS990ScheduleD/InvestmentExpensesNotIncldAmt033594
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OPERATING LEASE RIGHT OF USE ASSET
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02322371
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OPERATING LEASE RIGHT OF USE LIABILI
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1FROST - LINE OF CREDIT
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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt033594
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LIABILITY INSURANCE 748,431
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LIABILITY INSURANCE 748,431
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt02322371
IRS990ScheduleD/TotalExpensesPerForm990Amt010741658
IRS990ScheduleD/TotalLiabilityAmt03972371
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KAREN HUGHES WHITE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1BARBARA H HALL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2STEFAN STRICKLAND
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3MINDY TUCKER FLETCHER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4DANIEL DUNCAN
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2CXO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3VP MARKETING & COMMU
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4VP OF HOUSING & OPER
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROMOTE AND DEVELOP MUTUALLY BENEFICIAL RELATIONSHIPS BETWEEN THE FRATERNITY AND THE COLLEGES AND UNIVERSITIES WHERE THE FRATERNITY HAS ESTABLISHED CHAPTERS, TO DEVELOP QUALITIES OF UNSELFISH LEADERSHIP AMONG ITS MEMBERS, AND TO ENCOURAGE THEM TO ASSUME, WITH INTEGRITY AND DEVOTION TO MORAL AND DEMOCRATIC PRINCIPLES, THE HIGHEST RESPONSIBILITIES OF COLLEGE WOMEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THROUGH OUR LEADDD NOW AND FOLLOW-ON LEADDD ALWAYS EFFORTS, TRI DELTA HAS WORKED TO CENTER DIVERSITY, EQUITY, INCLUSION, ACCESS AND BELONGING (DEIAB)- EMBEDDING IT INTO EVERY ASPECT OF THE MEMBER EXPERIENCE. THIS WORK HAS BEEN INFORMED BY A COMPREHENSIVE DIVERSITY AUDIT AND FOLLOW-ON INCLUSION CLIMATE SURVEYS OF OUR COLLEGIATE AND ALUMNAE MEMBERS. DEIAB REMAINS A TOP STRATEGIC PRIORITY FOR TRI DELTA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE VOLUNTEERS ASSIST IN MANAGING CHAPTERS AND PROVIDE ALUMNAE SUPPORT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MEMBERS VOTE THE NEW GOVERNING BODY AT THE BI-ANNUAL CONVENTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS ARE PROVIDED A COPY OF THE 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CONFLICTS OF INTEREST ARE REVIEWED ANNUALLY TO ENSURE COMPLIANCE WITH THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SEE SCHEDULE J FOR MORE INFORMATION ON HOW COMPENSATION IS DETERMINED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0TRI DELTA HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1DELTA DELTA DELTA FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2DELTA DELTA DELTA - COLLEGIATE CHAP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3DELTA DELTA DELTA PARK STREET PROPE
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3TX
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3EDUCATION
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