Civic Intelligence

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

990 • Fiscal year 2023 • EIN 56-0548073

Jun 01, 2022 to May 31, 2023 • Filed on Apr 15, 2024

100 Europa Drive 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

31st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

32nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2023

Net Margin

50th percentile

5.0%

Higher net margin than 50% of similar nonprofits.

2023 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

88th percentile

$0

Higher top officer pay than 88% of similar nonprofits.

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

2023 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2023

Asset Growth

1st percentile

-88%

Faster asset growth than 1% of similar nonprofits.

2023 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

59th percentile

11%

Faster revenue growth than 59% of similar nonprofits.

2023 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$158,720

Down $1,123,356 (-88%) from 2022

Net Assets

Down

$158,720

Down $1,109,856 (-87%) from 2022

Liabilities

Down

$0

Down $13,500 (-100%) from 2022

Revenue

Up

$779,430

Up $74,665 (+11%) from 2022

Expenses

Up

$740,574

Up $39,504 (+5.6%) from 2022

Net Income

Up

$38,856

Up $35,161 (+952%) from 2022

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

2023

Assets$158,720
Liabilities$0
Net Assets$158,720

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

2023

Revenue$779,430
Expenses$740,574
Net Income$38,856
Jump To
Filing Snapshot
Filing Period
Jun 1, 2022 to May 31, 2023
Signed
Apr 15, 2024
Return Version
2022v5.0
Gross Receipts
$779,430
Mission and Program Overview

Mission

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

The mission of the organization is to encourage and support members in order that they build lasting bonds of friendship and brotherhood through mutual assistance, intellectual growth, trust, responsible conduct and integrity. The goal is that the association with beta theta pi will build " men of principle" guided by the visions outlined in the mission.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,268,576$158,720▼ $1,109,856
Cash and Non-Interest-Bearing Accounts$85,009$81,959▼ $3,050
Land, Buildings, and Equipment, Net$1,161,808$53,901▼ $1,107,907
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,282,076$158,720▼ $1,123,356
Other Assets Total$35,259$22,860▼ $12,399
Liabilities
Other Liabilities$13,500$0▼ $13,500
Total Liabilities$13,500$0▼ $13,500
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,268,576$158,720▼ $1,109,856
Total Liabilities and Net Assets / Fund Balance$1,282,076$158,720▼ $1,123,356

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$53,901$96,476$150,377
Other Assets Org$22,860--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Chester BrownBoard President
Kaelan AminChapter President
Glenn YoungBoard Vice President
Mercer StanfieldChapter Vice-president
Chris SneedenBoard Member
Paul WarrenBoard Member
Todd BlairBoard Member
John Michael CurtisChapter Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$543,023
Program Service Revenue
$236,407
Investment Income
$0
Other Revenue
$0
All Other Contributions
$13,500
Change in Net Assets
$38,856
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$139,649
Salaries, Compensation, and Employee Benefits$95,153
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$505,772--$505,772
Other Salaries and Wages$69,062$17,265-$86,327
Other Expenses$37,221--$37,221
Insurance$31,477$3,084-$34,561
Fees for Services Accounting$8,084$24,253-$32,337
Fees for Services Management$9,960$2,490-$12,450
Depreciation Depletion$8,368$2,092-$10,460
Payroll Taxes$6,338$1,584-$7,922
Fees for Services Legal-$4,768-$4,768
Office Expenses-$3,992-$3,992
Conferences and Meetings$1,609--$1,609
Fees for Services Other$1,105$276-$1,381
Other Employee Benefits$723$181-$904
Travel$870--$870
Total Functional Expenses$680,589$59,985$0$740,574
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
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 11B

Form 990 is initially reviewed by the board president and, subsequently, copies of the 990 are made available 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 445, CHAPEL HILL, NC 27517

Signing Officer

Name
Chester Brown
Title
President
Phone
9199684911
Signed
2024-04-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chester Brown
Formed
1954
Legal Domicile
Nc
Voting Board Members
8
Independent Board Members
8
Employees
2
Volunteers
8

Preparer

Firm
Citrin Cooperman Advisors LLC
Address
100 EUROPA DRIVE SUITE 445, CHAPEL HILL, NC 27517
Preparer
Mark D Brown
Phone
9199684911
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Removal of building, land and improvements held by wooglin foundation, inc -1,148,712. Ein # 56-1152379. Assets have been included on prior returns and will now be reported on a separate return for wooglin foundation

Raw XML Appendix390 raw XML fields

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/Form990PartVIISectionAGrp/TitleTxt5CHAPTER PRESIDENT
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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/ExplanationTxt2FORM 990 IS INITIALLY REVIEWED BY THE BOARD PRESIDENT AND, SUBSEQUENTLY, COPIES OF THE 990 ARE MADE AVAILABLE TO BOARD MEMBERS FOR REVIEW BEFORE THE FINAL FORM IS FILED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REMOVAL OF BUILDING, LAND AND IMPROVEMENTS HELD BY WOOGLIN FOUNDATION, INC -1,148,712. EIN # 56-1152379. ASSETS HAVE BEEN INCLUDED ON PRIOR RETURNS AND WILL NOW BE REPORTED ON A SEPARATE RETURN FOR WOOGLIN FOUNDATION
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 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0WOOGLIN FOUNDATION INCORPORATED
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0561152379
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(7)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0REAL ESTATE HOLDING
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CHAPEL HILL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd027517
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01282076
IRS990/TotalAssetsEOYAmt0158720
IRS990/TotalAssetsGrp/BOYAmt01282076
IRS990/TotalAssetsGrp/EOYAmt0158720
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0543023
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt059985
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0680589
IRS990/TotalFunctionalExpensesGrp/TotalAmt0740574
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt013500
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt013500
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01268576
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0158720
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0680589
IRS990/TotalProgramServiceRevenueAmt0236407
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0236407
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0779430
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01282076
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0158720
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0870
IRS990/TravelGrp/TotalAmt0870
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0114 SOUTH COLUMBIA STREET
IRS990/USAddress/CityNm0CHAPEL HILL
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027514
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHESTER BROWN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09199684911
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BETA THETA PI - ETA CHAPTER
ReturnHeader/Filer/BusinessNameControlTxt0BETA
ReturnHeader/Filer/EIN0560548073
ReturnHeader/Filer/PhoneNum09199684911
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 EUROPA DRIVE 445
ReturnHeader/Filer/USAddress/CityNm0CHAPEL HILL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027517
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0872525370
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CITRIN COOPERMAN ADVISORS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 EUROPA DRIVE SUITE 445
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHAPEL HILL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027517
ReturnHeader/PreparerPersonGrp/PhoneNum09199684911
ReturnHeader/PreparerPersonGrp/PreparationDt02024-04-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK D BROWN
ReturnHeader/ReturnTs02024-04-15T16:25:46-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHESTER
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BROWN
ReturnHeader/TaxPeriodBeginDt02022-06-01
ReturnHeader/TaxPeriodEndDt02023-05-31
ReturnHeader/TaxYr02022

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
Peer Organizations

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