Triangle Fraternity FY2021 filing

Not tax-deductible

State College, PA501(c)(7)EIN 24-0805529Revenue $65K in FY2021

On file with the IRSpsutriangle.com226 E Beaver Ave, 16801-4901 · State College, PATax-exempt since Nov 1966

This page gets seen. Tell your story. Claim this org.

To develop balanced men in the fields of engineering architecture and science by providing environment for growth and success

10¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2021 · 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
1 of 5
filings with a surplus
Average deficit $29K a year · 31% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
10%
of spending
Concern: 10% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
14 mo
of spending, in cash
Looks good: 14.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$231K
34% of total assets
Looks good: liabilities are 34% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 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
$65K
Spent
$122K
To programs
10%
Net assets
$441K
By yearFY2021–FY2025
Revenue
$65K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$65K
FY2022$158K
FY2023$42K
FY2024$94K
FY2025$114K
Expenses
$122K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$122K
FY2022$100K
FY2023$133K
FY2024$140K
FY2025$124K
Net assets
$441K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$441K
FY2022$484K
FY2023$393K
FY2024$347K
FY2025$337K

From the FY2021 Form 990 (year ending June 2021) · see the original

Give Claim
You’re viewing the FY2021 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 Nov 1966.

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

Where the money goes

10 cents of each dollar spent went to programs.

Program services 10% · $12K Management & general 90% · $110K

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

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Undergraduate President
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Facilities Manager
$0Pt VII · Sec A
See Triangle Fraternity executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

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 15aNo

Programs and updates

Develops balanced men in STEM fields through growth and success opportunities.

Questions for Triangle Fraternity

Tap to ask. Triangle Fraternity sees how many people are interested.

Your first name shows with your question. Triangle Fraternity answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $12K · in their own filed words · FY2020
01

Brotherhood Development1) New Member Recruitment

Continuous efforts to identify, recruit and initiate new BROTHERS2) national membership dues - strategic guidance and programming from national headquarters

$7Kprogram expense
02

Alumni Relations1) Semi-Annual Corporation Meetings

Public forum for all members to discuss the current state of affairs of the ORGANIZATION2) national convention - annual convention of delegates from all chapters to strategize the future DIRECTION3) semi-annual newsletters - mass mailings to inform alumni of the chapter status news and current events

$3Kprogram expense
03

University Relations1) Student Faculty Dinner

50 students, faculty and community leaaders gather to discuss current AFFAIRS2) homecoming participation - competition promiting "school spirit" amongst greek ORGANIZATIONS3) scholarship - scholarship funding to undergraduates to promote high academic standards

$2Kprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$65K
Ln 12
Fees for servicesLn 2g$47K
Gifts and grantsLn 1h$18K
Investment incomeLn 3$5
Money outPt IX
$122K
Ln 25
Programscol B$12K
Managementcol C$110K
Owns and owesPt X
$441K
net assets · Ln 32
Cash and savingsLn 1–2$141K
Total assetsLn 16$671K
LiabilitiesLn 26$231K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$18K
Fees for servicesLn 2g$47K
Investment incomeLn 3$5
Total revenueLn 12$65K
Assets in detailPt X, end of year
CashLn 1$97K
SavingsLn 2$44K
Cash and savings togetherLn 1–2$141K
Land, buildings, equipmentLn 10c$530K
Total assetsLn 16$671K
LiabilitiesLn 26$231K
Net assetsLn 32$441K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$126K$141K
Land, buildings, equipmentLn 10c$530K$530K
Total assetsLn 16$656K$671K
LiabilitiesLn 26$158K$231K
Net assetsLn 32$498K$441K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$3K$3K
Information technologyLn 14$672$672
OccupancyLn 16$89K$89K
Conferences, conventions and meetingsLn 19$3K$3K
InterestLn 20$7K$7K
InsuranceLn 23$11K$11K
Other expenses (24a–d)Ln 24$9K$9K
Total functional expensesLn 25$122K$12K$110K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $114K$124K−$9K$337K 990 PDF
FY2024 $94K$140K−$46K$347K 990 PDF
FY2023 $42K$133K−$91K$393K 990 PDF
FY2022 $158K$100K$58K$484K 990 PDF
FY2021 Viewing $65K$122K−$57K$441K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $64,550 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $6,780$18,002
I-9 Program service revenuePrior year $96,787$46,543
I-10 Investment incomePrior year $49,894$5
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $153,461$64,550
I-13 Grants and similar amounts paidPrior year $0$0
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 $174,923$121,508
I-18 Total expensesPrior year $174,923$121,508
I-19 Revenue less expensesPrior year −$21,462−$56,958
Part VI · Governance 5 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $64,550 across 5 lines filed
VIII-1f All other contributions, gifts and grants$18,002
VIII-1h Total contributions, gifts and grants$18,002
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $46,543$46,543
VIII-3 Investment incomeRelated to mission $5$5
VIII-12 Total revenueRelated to mission $46,548 · Unrelated business $0 · Excluded from tax $0$64,550
Part IX · Statement of functional expenses $121,508 across 7 lines filed
IX-11c Accounting feesManagement $2,679$2,679
IX-14 Information technologyManagement $672$672
IX-16 OccupancyManagement $88,864$88,864
IX-19 Conferences, conventions and meetingsPrograms $2,560$2,560
IX-20 InterestManagement $6,598$6,598
IX-23 InsuranceManagement $10,749$10,749
IX-24 Other expenses (24a–d)Programs $9,386$9,386
IX-25 Total functional expensesPrograms $11,946 · Management $109,562 · Fundraising $0$121,508
Part X · Balance sheet $671,414 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $120,232$96,947
X-2 Savings and temporary cash investmentsStart of year $5,792$44,467
X-10c Land, buildings and equipment, netStart of year $530,000$530,000
X-16 Total assetsStart of year $656,024$671,414
X-25 Other liabilitiesStart of year $0$78,000
X-26 Total liabilitiesStart of year $158,276$230,624
X-27 Net assets without donor restrictionsStart of year $497,748$440,790
X-32 Total net assets or fund balancesStart of year $497,748$440,790
X-33 Total liabilities and net assetsStart of year $656,024$671,414
Part XI · Reconciliation of net assets $440,790 net assets at year end
XI-1 Total revenue$64,550
XI-2 Total expenses$121,508
XI-3 Revenue less expenses−$56,958
XI-4 Net assets at start of year$497,748
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$440,790

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.