philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Beta Zeta Foundation FY2022 filing

Not tax-deductible

Carmel, IN501(c)(7)Education EIN 35-6041567Revenue $775K in FY2022

On file with the IRS4000 W 106th St Ste 125 Pmb 337, 46032-7730 · Carmel, INTax-exempt since Oct 2014

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

Provide adequate housing and meals for undergraduate members of delta tau delta fraternity attending butler university in indianapolis, indiana.

501(c)(7) social or recreational club; gifts are not tax-deductible as charitable contributions.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2022 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $7K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 5.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.6M
61% of total assets
Fine: liabilities are 61% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$775K
+12% vs prior year
Spent
$876K
To programs
0%
Net assets
$991K
By yearFY2020–FY2024
Revenue
$775K
FY2022▲ +12%
Tap a bar for its year
Revenue by fiscal year
FY2020$577K
FY2021$689K
FY2022$775K
FY2023$839K
FY2024$848K
Expenses
$876K
FY2022▲ +29%
Tap a bar for its year
Expenses by fiscal year
FY2020$671K
FY2021$679K
FY2022$876K
FY2023$776K
FY2024$760K
Net assets
$991K
FY2022▼ -12%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.1M
FY2021$1.1M
FY2022$991K
FY2023$1.1M
FY2024$1.2M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2014.

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

Who runs it and what they're paid

12 people listed on the 990.

Part VII, Section A · reportable compensation
Zach Roberts
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Jeff O'Brien
Director
$0Pt VII · Sec A
Andy Wiersma
Director
$0Pt VII · Sec A
Steve Vedra
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Derek Burns
Director
$0Pt VII · Sec A
Jerry Wiley
Director
$0Pt VII · Sec A
See Beta Zeta Foundation executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Provides housing and meals for Delta Tau Delta fraternity members at Butler University.

Questions for Beta Zeta Foundation

Tap to ask. Beta Zeta Foundation sees how many people are interested.

Your first name shows with your question. Beta Zeta Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · in their own filed words · FY2022
01

Provide adequate housing and meals for undergraduate members of delta tau delta fraternity attending butler university in indianapolis, indiana.

Pt IX · col B

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 · 5 grants · $36K · 2020–2024
Unitemized GrantFY2024$5,092
Unitemized GrantFY2023$11,816
Unitemized GrantFY2022$6,907
Unitemized GrantFY2021$5,214
Unitemized GrantFY2020$7,267

By the numbers

The FY2022 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$775K
Ln 12
Other incomeLn 4–11$557K
Fees for servicesLn 2g$218K
Investment incomeLn 3$177
Money outPt IX
$876K
Ln 25
Owns and owesPt X
$991K
net assets · Ln 32
Cash and savingsLn 1–2$408K
Total assetsLn 16$2.6M
LiabilitiesLn 26$1.6M
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$218K
Investment incomeLn 3$177
Other incomeLn 4–11$557K
Gains on assetsLn 7−$5K
Total revenueLn 12$775K
Assets in detailPt X, end of year
CashLn 1$408K
Cash and savings togetherLn 1–2$408K
InvestmentsLn 11–13$144K
Land, buildings, equipmentLn 10c$2.0M
Other assetsLn 15$11K
Total assetsLn 16$2.6M
LiabilitiesLn 26$1.6M
Net assetsLn 32$991K
OperationsPt I, VI
EmployeesI 50
VolunteersI 612
Fiscal year endsHeaderDecember
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 FY22End FY22
Cash and savingsLn 1–2$469K$408K
InvestmentsLn 11–13$189K$144K
Land, buildings, equipmentLn 10c$2.1M$2.0M
Total assetsLn 16$2.8M$2.6M
LiabilitiesLn 26$1.7M$1.6M
Net assetsLn 32$1.1M$991K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$7K
Management feesLn 11a$13K
Accounting feesLn 11c$7K
Investment management feesLn 11f$2K
Office expensesLn 13$59
OccupancyLn 16$360K
Conferences, conventions and meetingsLn 19$14K
InterestLn 20$67K
Depreciation, depletion and amortizationLn 22$162K
InsuranceLn 23$45K
Other expenses (24a–d)Ln 24$182K
All other expensesLn 24e$17K
Total functional expensesLn 25$876K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $848K$760K$88K$1.2M 990 PDF
FY2023 $839K$776K$63K$1.1M 990 PDF
FY2022 Viewing $775K$876K−$102K$991K 990 PDF
FY2021 $689K$679K$10K$1.1M 990 PDF
FY2020 $577K$671K−$94K$1.1M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $774,505 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $218,061$217,644
I-10 Investment incomePrior year $7,491$177
I-11 Other revenuePrior year $462,964$556,684
I-12 Total revenuePrior year $688,516$774,505
I-13 Grants and similar amounts paidPrior year $5,214$6,907
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $673,584$869,419
I-18 Total expensesPrior year $678,798$876,326
I-19 Revenue less expensesPrior year $9,718−$101,821
Part VI · Governance 12 of 12 board members independent, 4 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
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 $774,505 across 6 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $217,644$217,644
VIII-3 Investment incomeUnrelated business $5,629$5,629
VIII-6 Net rental income or lossRelated to mission $553,595$553,595
VIII-7 Net gain or loss on sales of assetsUnrelated business −$5,452−$5,452
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $3,089$3,089
VIII-12 Total revenueRelated to mission $774,328 · Unrelated business $177$774,505
Part IX · Statement of functional expenses $876,326 across 12 lines filed
IX-2 Grants to domestic individuals$6,907
IX-11a Management fees$13,356
IX-11c Accounting fees$6,750
IX-11f Investment management fees$2,382
IX-13 Office expenses$59
IX-16 Occupancy$360,413
IX-19 Conferences, conventions and meetings$13,913
IX-20 Interest$66,599
IX-22 Depreciation, depletion and amortization$161,725
IX-23 Insurance$44,503
IX-24 Other expenses (24a–d)$182,244
IX-24e All other expenses$17,475
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$876,326
Part X · Balance sheet $2,567,518 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $469,449$408,109
X-10c Land, buildings and equipment, netStart of year $2,122,267$2,004,135
X-11 Publicly traded securitiesStart of year $188,691$144,359
X-15 Other assets$10,915
X-16 Total assetsStart of year $2,780,853$2,567,518
X-17 Accounts payable and accrued expensesStart of year $5,883$115,584
X-25 Other liabilitiesStart of year $22,721$28,584
X-26 Total liabilitiesStart of year $1,654,502$1,576,984
X-27 Net assets without donor restrictionsStart of year $933,027$841,044
X-28 Net assets with donor restrictionsStart of year $193,324$149,490
X-32 Total net assets or fund balancesStart of year $1,126,351$990,534
X-33 Total liabilities and net assetsStart of year $2,780,853$2,567,518
Part XI · Reconciliation of net assets $990,534 net assets at year end
XI-1 Total revenue$774,505
XI-2 Total expenses$876,326
XI-3 Revenue less expenses−$101,821
XI-4 Net assets at start of year$1,126,351
XI-5 Net unrealized gains (losses) on investments−$33,996
XI-10 Net assets at end of year$990,534

Form 990 e-file (XML) FY2022 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.

Your org? Add context

Made it to the end? Claim this org

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.