Civic Intelligence

Beta Theta Pi - Eta Chapter C/O Coleman Huntoon & Brown PLLC

990 • Fiscal year 2015 • EIN 56-0548073

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

100 Europa Drive No 445Chapel Hill, NC 27517

(919) 968-4911

Siviq Scores

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

Liabilities / Assets

38th percentile

0.15x

Higher debt load relative to assets than 38% of similar nonprofits.

2015 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

45th percentile

0.35x

Higher debt load relative to revenue than 45% of similar nonprofits.

2015 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2015

Net Margin

61st percentile

6.8%

Higher net margin than 61% of similar nonprofits.

2015 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2015

Asset Growth

64th percentile

2.7%

Faster asset growth than 64% of similar nonprofits.

2015 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

8th percentile

-16%

Faster revenue growth than 8% of similar nonprofits.

2015 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$1,435,242

Up $37,654 (+2.7%) from 2014

Net Assets

Up

$1,217,907

Up $41,928 (+3.6%) from 2014

Liabilities

Down

$217,335

Down $4,274 (-1.9%) from 2014

Revenue

Down

$618,434

Down $116,021 (-16%) from 2014

Expenses

Up

$576,506

Up $6,652 (+1.2%) from 2014

Net Income

Down

$41,928

Down $122,673 (-75%) from 2014

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $933,709Liabilities 2011: $270,053Net Assets 2011: $663,6562011Assets 2012: $1,003,309Liabilities 2012: $253,559Net Assets 2012: $749,7502012Assets 2013: $1,246,639Liabilities 2013: $235,261Net Assets 2013: $1,011,3782013Assets 2014: $1,397,588Liabilities 2014: $221,609Net Assets 2014: $1,175,9792014Assets 2015: $1,435,242Liabilities 2015: $217,335Net Assets 2015: $1,217,9072015Assets 2016: $1,510,066Liabilities 2016: $199,596Net Assets 2016: $1,310,4702016Assets 2017: $1,459,427Liabilities 2017: $135,727Net Assets 2017: $1,323,7002017Assets 2018: $1,457,940Liabilities 2018: $64,309Net Assets 2018: $1,393,6312018Assets 2019: $1,408,415Liabilities 2019: $19,000Net Assets 2019: $1,389,4152019Assets 2020: $1,432,808Liabilities 2020: $23,250Net Assets 2020: $1,409,5582020Assets 2021: $1,291,881Liabilities 2021: $27,000Net Assets 2021: $1,264,8812021Assets 2022: $1,282,076Liabilities 2022: $13,500Net Assets 2022: $1,268,5762022Assets 2023: $158,720Liabilities 2023: $0Net Assets 2023: $158,7202023Assets 2024: $143,615Liabilities 2024: $0Net Assets 2024: $143,6152024

Highlighted filing

2015

Assets$1,435,242
Liabilities$217,335
Net Assets$1,217,907

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $574,792Expenses 2011: $482,353Net Income 2011: $92,4392011Revenue 2012: $630,897Expenses 2012: $544,803Net Income 2012: $86,0942012Revenue 2013: $815,204Expenses 2013: $553,576Net Income 2013: $261,6282013Revenue 2014: $734,455Expenses 2014: $569,854Net Income 2014: $164,6012014Revenue 2015: $618,434Expenses 2015: $576,506Net Income 2015: $41,9282015Revenue 2016: $663,197Expenses 2016: $570,634Net Income 2016: $92,5632016Revenue 2017: $638,748Expenses 2017: $625,518Net Income 2017: $13,2302017Revenue 2018: $594,082Expenses 2018: $524,151Net Income 2018: $69,9312018Revenue 2019: $623,585Expenses 2019: $627,801Net Income 2019: -$4,2162019Revenue 2020: $610,142Expenses 2020: $589,999Net Income 2020: $20,1432020Revenue 2021: $364,507Expenses 2021: $509,184Net Income 2021: -$144,6772021Revenue 2022: $704,765Expenses 2022: $701,070Net Income 2022: $3,6952022Revenue 2023: $779,430Expenses 2023: $740,574Net Income 2023: $38,8562023Revenue 2024: $792,361Expenses 2024: $807,466Net Income 2024: -$15,1052024

Highlighted filing

2015

Revenue$618,434
Expenses$576,506
Net Income$41,928
Jump To
Filing Snapshot
Filing Period
Jun 1, 2014 to May 31, 2015
Signed
Jan 31, 2016
Return Version
2014v6.0
Gross Receipts
$618,434
Mission and Program Overview

Mission

To provide members with housing, facilities, meals and social interaction

College fraternity activities

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,293,835$1,246,881▼ $46,954
Rtn Earn Endowment Incm Other Fnds$1,175,979$1,217,907▲ $41,928
Cash and Non-Interest-Bearing Accounts$103,753$188,361▲ $84,608
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,397,588$1,435,242▲ $37,654
Liabilities
Mortgage Notes Payable Secured by Investment Property$216,235$197,910▼ $18,325
Other Liabilities$0$19,425▲ $19,425
Accounts Payable and Accrued Expenses$5,374--
Total Liabilities$221,609$217,335▼ $4,274
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,175,979$1,217,907▲ $41,928
Total Liabilities and Net Assets / Fund Balance$1,397,588$1,435,242▲ $37,654

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$382,795$816,653$1,199,448
Land$635,469-$635,469
Other Land Buildings$21,332$224,454$245,786
Leasehold Improvements$184,735$22,114$206,849
Equipment$22,550$12,590$35,140
Compensation and Service Providers

Board Members and Trustees

NameTitle
Wiley P WarrenBoard Chair
Glenn BentonBoard Member - Past Chair
Matthew LovejoyChapter President
Michael LackeyChapter Vice-president
Bob JonesBoard Member
Greg LynchBoard Member
Michael F ElliotBoard Member
Pete ThompsonBoard Member
Ralph R Teal JrBoard Member
Ralph WhitfieldBoard Member
Richard BlankenshipBoard Member
Rick SpanglerBoard Member
Timothy a StumpBoard Member
Tom WilsonBoard Member
Jim ShaffnerBoard Secretary
Glenn YoungBoard Treasurer
Sterling WilsonChapter Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$414,778
Program Service Revenue
$203,653
Investment Income
$3
Other Revenue
$0
All Other Contributions
$43,725
Change in Net Assets
$41,928
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$149,758
Salaries, Compensation, and Employee Benefits$71,962
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$354,786--$354,786
Depreciation Depletion$52,796$13,199-$65,995
Other Salaries and Wages$48,790$12,197-$60,987
Fees for Services Management$8,824$2,206-$11,030
Insurance$9,591--$9,591
Payroll Taxes$7,149$1,787-$8,936
Interest$7,899--$7,899
Fees for Services Accounting$1,097$3,290-$4,387
Office Expenses-$3,683-$3,683
Fees for Services Legal-$3,570-$3,570
Travel$3,123--$3,123
Other Employee Benefits$1,631$408-$2,039
Other Expenses$1,640--$1,640
Conferences and Meetings$198--$198
Total Functional Expenses$536,166$40,340$0$576,506
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
Deposits$19,425
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has fraternity members who elect officers to serve on the board

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

The organization's board includes alumni and other interested parties who have the right to periodically elect others to serve on the board

Form 990, Part VI, Section B, Line 11

Copies of the 990 are provided to board members for review before the final form is filed

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents available upon request

Filing and Contact Details

Filer

Filer Name
Beta Theta Pi - Eta Chapter
EIN
56-0548073
Phone
9199684911
Address
100 EUROPA DRIVE NO 445, CHAPEL HILL, NC 27517

Signing Officer

Name
Paul Warren
Title
Board Chair
Phone
9199684911
Signed
2016-01-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Warren
Formed
1954
Legal Domicile
Nc
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
20

Preparer

Firm
Coleman Huntoon & Brown Pllc
Address
PO BOX 4320, CHAPEL HILL, NC 27515-4320
Preparer
Lida L Coleman
Phone
9199684911
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IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0408
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01631
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02039
IRS990/OtherExpensesGrp/Desc0DUES & FEES
IRS990/OtherExpensesGrp/Desc1EQUIPMENT RENTAL
IRS990/OtherExpensesGrp/ProgramServicesAmt038642
IRS990/OtherExpensesGrp/ProgramServicesAmt11640
IRS990/OtherExpensesGrp/TotalAmt038642
IRS990/OtherExpensesGrp/TotalAmt11640
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt019425
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt012197
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt048790
IRS990/OtherSalariesAndWagesGrp/TotalAmt060987
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01787
IRS990/PayrollTaxesGrp/ProgramServicesAmt07149
IRS990/PayrollTaxesGrp/TotalAmt08936
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0PAUL WARREN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/Desc0FOOD
IRS990/ProgramServiceRevenueGrp/Desc1HOUSING
IRS990/ProgramServiceRevenueGrp/Desc2FORMAL
IRS990/ProgramServiceRevenueGrp/Desc3PARENTS WEEKEND
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0101848
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt165000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt219105
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt317700
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0101848
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt165000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt219105
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt317700
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDING MEMBERS WITH SOCIAL INTERACTION AND ENTERTAINMENT
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0115138
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt036805
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDING MEMBERS WITH ON-SITE MEALS
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0101849
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0101848
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt03
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0372238
IRS990/PYContributionsGrantsAmt0538180
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0132274
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0196275
IRS990/PYRevenuesLessExpensesAmt0164601
IRS990/PYSalariesCompEmpBnftPaidAmt065342
IRS990/PYTotalExpensesAmt0569854
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0734455
IRS990/ReconcilationRevenueExpnssAmt041928
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt065000
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01175979
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01217907
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/BookValueAmt0382795
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0816653
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01199448
IRS990ScheduleD/EquipmentGrp/BookValueAmt022550
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012590
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt035140
IRS990ScheduleD/LandGrp/BookValueAmt0635469
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0635469
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0184735
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt022114
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0206849
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt021332
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0224454
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0245786
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt019425
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01246881
IRS990ScheduleD/TotalLiabilityAmt019425
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS FRATERNITY MEMBERS WHO ELECT OFFICERS TO SERVE ON THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S BOARD INCLUDES ALUMNI AND OTHER INTERESTED PARTIES WHO HAVE THE RIGHT TO PERIODICALLY ELECT OTHERS TO SERVE ON THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COPIES OF THE 990 ARE PROVIDED TO BOARD MEMBERS FOR REVIEW BEFORE THE FINAL FORM IS FILED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01397588
IRS990/TotalAssetsEOYAmt01435242
IRS990/TotalAssetsGrp/BOYAmt01397588
IRS990/TotalAssetsGrp/EOYAmt01435242
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0414778
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt040340
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0536166
IRS990/TotalFunctionalExpensesGrp/TotalAmt0576506
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0221609
IRS990/TotalLiabilitiesEOYAmt0217335
IRS990/TotalLiabilitiesGrp/BOYAmt0221609
IRS990/TotalLiabilitiesGrp/EOYAmt0217335
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01175979
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01217907
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcRevenueAmt03
IRS990/TotalProgramServiceExpensesAmt0536166
IRS990/TotalProgramServiceRevenueAmt0203653
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0203656
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0618434
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01397588
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01435242

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$0.79$0.81$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.78$0.74$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.28$0.01$1.27$0.70$0.70$0.00
2021Detailed filing. Detailed filing data is available for this year.$1.29$0.03$1.26$0.36$0.51$0.14
2020Summary only. Only limited summary data is available for this year.$1.43$0.02$1.41$0.61$0.59$0.02
2019Summary only. Only limited summary data is available for this year.$1.41$0.02$1.39$0.62$0.63$0.00
2018Summary only. Only limited summary data is available for this year.$1.46$0.06$1.39$0.59$0.52$0.07
2017Detailed filing. Detailed filing data is available for this year.$1.46$0.14$1.32$0.64$0.63$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.51$0.20$1.31$0.66$0.57$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.44$0.22$1.22$0.62$0.58$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.40$0.22$1.18$0.73$0.57$0.16
2013Summary only. Only limited summary data is available for this year.$1.25$0.24$1.01$0.82$0.55$0.26
2012Summary only. Only limited summary data is available for this year.$1.00$0.25$0.75$0.63$0.54$0.09
2011Summary only. Only limited summary data is available for this year.$0.93$0.27$0.66$0.57$0.48$0.09