Beta Upsilon Chi Fraternity INC FY2020 filing

Not tax-deductible

Fort Worth, TX501(c)(7)Since 1985Recreation & Sports EIN 02-0634996Revenue $2.4M in FY2020

On file with the IRSbetaupsilonchi.org12650 N Beach St Ste 114 Pmb 305, 76244-4245 · Fort Worth, TXTax-exempt since Feb 2003

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Beta Upsilon Chi exists to establish brotherhood and unity among college men based on the common bond of jesus christ.

501(c)(7) social or recreational club; gifts are not tax-deductible as charitable contributions.
51¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average deficit $21K a year · under 1% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
51%
of spending
Worth a look: 51% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
3 mo
of spending, in cash
Looks good: 3.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 5 voting members
Looks good: 4 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.4M
Spent
$2.2M
To programs
51%
Net assets
$591K
By yearFY2020–FY2025
Revenue
$2.4M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$2.4M
FY2021$1.5M
FY2022$4.7M
FY2023$5.4M
FY2024$4.8M
FY2025$3.6M
Expenses
$2.2M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$2.2M
FY2021$2.0M
FY2022$4.2M
FY2023$5.3M
FY2024$5.4M
FY2025$3.6M
Net assets
$591K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$591K
FY2021$147K
FY2022$695K
FY2023$1.3M
FY2024$737K
FY2025$791K

From the FY2020 Form 990 (year ending July 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

51 cents of each dollar spent went to programs.

Program services 51% · $1.1M Management & general 49% · $1.1M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
President of Foundation
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President of Fraternity
$0Pt VII · Sec A

Gabe McKinney’s $87K as Executive Director of Frat is at the 26th percentile of top reported officer pay among 1842 $1–10M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022
Brian Lee———$121,521
Gabe McKinney$87,185$83,935$83,935—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Beta Upsilon Chi Fraternity INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Unites college men through shared Christian faith, fostering brotherhood and unity.

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Provided by the organization

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3 programs · $1.1M · in their own filed words · FY2019
01

Weekly meetings to aid in the development of christian brotherhood among college aged men on university campuses. Total number of participants - 2,300

$686Kprogram expense
02

Social Events

100+ social events at a variety of campuses to achieve christian brotherhood.

$304Kprogram expense
03

Island Party

To further develop brotherhood and unity among the members and potential members of beta upsilon chi through the intentional outreach to the university and community.

$126Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $5K · 2024–2024
Fostering Families INCGA · FY2024$5,100

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$2.4M
Ln 12
Gifts and grantsLn 1h$2.3M
Fees for servicesLn 2g$69K
Other incomeLn 4–11$38K
Money outPt IX
$2.2M
Ln 25
Programscol B$1.1M
Managementcol C$1.1M
Owns and owesPt X
$591K
net assets · Ln 32
Cash and savingsLn 1–2$569K
Total assetsLn 16$591K
LiabilitiesLn 26$0
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.3M
Fees for servicesLn 2g$69K
Investment incomeLn 3$463
Other incomeLn 4–11$38K
Total revenueLn 12$2.4M
Assets in detailPt X, end of year
CashLn 1$417K
SavingsLn 2$153K
Cash and savings togetherLn 1–2$569K
Other assetsLn 15$22K
Total assetsLn 16$591K
LiabilitiesLn 26$0
Net assetsLn 32$591K
OperationsPt I, VI
EmployeesI 59
VolunteersI 6150
Fiscal year endsHeaderJuly
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$329K$569K
Total assetsLn 16$353K$591K
LiabilitiesLn 26$0$0
Net assetsLn 32$353K$591K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$63K$63K
Office expensesLn 13$316K$316K
OccupancyLn 16$37K$37K
Other expenses (24a–d)Ln 24$1.8M$1.1M$729K
Total functional expensesLn 25$2.2M$1.1M$1.1M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $3.6M$3.6M$44K$791K 990 PDF
FY2024 $4.8M$5.4M−$563K$737K 990 PDF
FY2023 $5.4M$5.3M$119K$1.3M 990 PDF
FY2022 $4.7M$4.2M$479K$695K 990 PDF
FY2021 $1.5M$2.0M−$444K$147K 990 PDF
FY2020 Viewing $2.4M$2.2M$237K$591K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $2,435,684 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,162,350$2,328,535
I-9 Program service revenuePrior year $96,576$68,855
I-10 Investment incomePrior year $446$463
I-11 Other revenuePrior year $72,582$37,831
I-12 Total revenuePrior year $2,331,954$2,435,684
I-13 Grants and similar amounts paidPrior year $46,092$62,620
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,279,660$2,135,671
I-18 Total expensesPrior year $2,325,752$2,198,291
I-19 Revenue less expensesPrior year $6,202$237,393
Part VI · Governance 4 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members4
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,435,684 across 7 lines filed
Lines not itemized here account for −$8,072 of total revenue; see the IRS return.
VIII-1b Membership dues$2,059,632
VIII-1f All other contributions, gifts and grants$268,903
VIII-1h Total contributions, gifts and grants$2,328,535
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $68,855$68,855
VIII-3 Investment incomeExcluded from tax $463$463
VIII-8 Net income from fundraising eventsExcluded from tax $45,903$45,903
VIII-12 Total revenueRelated to mission $68,855 · Unrelated business $0 · Excluded from tax $38,294$2,435,684
Part IX · Statement of functional expenses $2,198,291 across 4 lines filed
IX-1 Grants to domestic organizationsPrograms $62,620$62,620
IX-13 Office expensesManagement $316,258$316,258
IX-16 OccupancyManagement $37,031$37,031
IX-24 Other expenses (24a–d)Programs $1,053,124 · Management $729,258$1,782,382
IX-25 Total functional expensesPrograms $1,115,744 · Management $1,082,547 · Fundraising $0$2,198,291
Part X · Balance sheet $590,714 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $194,525$416,599
X-2 Savings and temporary cash investmentsStart of year $134,006$152,547
X-15 Other assetsStart of year $24,790$21,568
X-16 Total assetsStart of year $353,321$590,714
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $353,321$590,714
X-33 Total liabilities and net assetsStart of year $353,321$590,714
Part XI · Reconciliation of net assets $590,714 net assets at year end
XI-1 Total revenue$2,435,684
XI-2 Total expenses$2,198,291
XI-3 Revenue less expenses$237,393
XI-4 Net assets at start of year$353,321
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$590,714

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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