Delta Delta Delta FY2021 filing

Not tax-deductible

Dallas, TX501(c)(7)Since 1888EIN 36-2374316

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The purpose of Delta Delta Delta shall be to establish a perpetual bond of friendship among members, to develop a stronger and more womanly character, to broaden the moral and intellectual life, and to assist its members in every possible way. IT shall also be the purpose of Delta Delta Delta to promote and develop mutually beneficial relationships between the fraternity and the colleges and universities where the fraternity has established chapters, to develop qualities of unselfish leadership among its members, and to encourage them to assume, with integrity and devotion to moral and democratic principles, the highest responsibilities of college women.

$1.1M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

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
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
2 of 5
filings with a surplus
Average deficit $128K a year · 1% of revenue · last 5 filings
Concern: a surplus in 2 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
Pay to officers and key staff
$1.1M
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.9 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $898K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$3.3M
22% of total assets
Looks good: liabilities are 22% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$12.4M
+40% vs prior year
Spent
$9.0M
To programs
0%
Net assets
$12.0M
By yearFY2020–FY2024
Revenue
$12.4M
FY2021▲ +40%
Revenue by fiscal year
FY2020$8.9M
FY2021$12.4M
FY2022$9.5M
FY2023$9.1M
FY2024$10.4M
FY2024$20.1M
Expenses
$9.0M
FY2021▲ +2%
Expenses by fiscal year
FY2020$8.9M
FY2021$9.0M
FY2022$11.3M
FY2023$10.7M
FY2024$11.0M
FY2024$20.7M
Net assets
$12.0M
FY2021▲ +14%
Net assets by fiscal year
FY2020$10.5M
FY2021$12.0M
FY2022$9.6M
FY2023$8.7M
FY2024$8.8M
FY2024$8.5M

From the FY2021 Form 990 (year ending July 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 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 Jul 1940.

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

Who runs it and what they're paid

13 people listed on the 990; $1.1M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$264,201Pt VII · Sec A
$185,989Pt VII · Sec A
$185,199Pt VII · Sec A
VP of Housin
$175,000Pt VII · Sec A
$153,881Pt VII · Sec A
$106,106Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Karen Hughes White$235,639$268,197$287,581$290,833$264,201$263,786
Mindy Tucker Fletcher$231,737$191,963$184,934$170,047$153,881$150,215
Stefan Strickland$206,632$189,316$193,156$200,801$185,989$182,781
Barbara H Hall—$174,954$194,523$200,471$185,199$181,997
Daniel Duncan$182,240$185,086$181,636$188,596$175,000$161,678
Maryn Taylor$143,016—————
Michael Bennett$140,513—————
Collette Morrison————$106,106$102,683

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 Delta Delta Delta 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

Develops leadership and promotes beneficial relationships between college women and their universities.

Provided by the organization

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1 program service, described in the organization's own filed words · FY2020.
01

Provide fraternity programs and services for the benefit of its members.

Pt IX · col B

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Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$898K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$12.4M
Ln 12
Fees for servicesLn 2g$7.0M
Investment incomeLn 3$4.3M
Gifts and grantsLn 1h$776K
Money outPt IX
$9.0M
Ln 25
Owns and owesPt X
$12.0M
net assets · Ln 32
Cash and savingsLn 1–2$696K
Total assetsLn 16$15.3M
LiabilitiesLn 26$3.3M
PeoplePt VI, VII
13
listed · VII A
PaidVII A6
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$776K
Fees for servicesLn 2g$7.0M
Investment incomeLn 3$4.3M
Other incomeLn 4–11$350K
Gains on assetsLn 7$4.0M
Total revenueLn 12$12.4M
Assets in detailPt X, end of year
SavingsLn 2$696K
Cash and savings togetherLn 1–2$696K
InvestmentsLn 11–13$13.2M
Land, buildings, equipmentLn 10c$1.2M
Total assetsLn 16$15.3M
LiabilitiesLn 26$3.3M
Net assetsLn 32$12.0M
OperationsPt I, VI
EmployeesI 5443
VolunteersI 61,572
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 FY21End FY21
Cash and savingsLn 1–2$403K$696K
InvestmentsLn 11–13$11.0M$13.2M
Land, buildings, equipmentLn 10c$1.3M$1.2M
Total assetsLn 16$13.4M$15.3M
LiabilitiesLn 26$2.9M$3.3M
Net assetsLn 32$10.5M$12.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$2.9M
Pension plan contributionsLn 8$103K
Other employee benefitsLn 9$201K
Payroll taxesLn 10$253K
Legal feesLn 11b$80K
Accounting feesLn 11c$43K
Investment management feesLn 11f$42K
Office expensesLn 13$165K
Information technologyLn 14$913K
OccupancyLn 16$620K
TravelLn 17$4K
Conferences, conventions and meetingsLn 19$196K
InterestLn 20$19K
Depreciation, depletion and amortizationLn 22$244K
Other expenses (24a–d)Ln 24$3.2M
All other expensesLn 24e$53K
Total functional expensesLn 25$9.0M$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $10.4M$11.0M−$605K$8.8M 990 PDF
FY2023 $9.1M$10.7M−$1.6M$8.7M 990 PDF
FY2022 $9.5M$11.3M−$1.8M$9.6M 990 PDF
FY2021 Viewing $12.4M$9.0M$3.4M$12.0M 990 PDF
FY2020 $8.9M$8.9M$37K$10.5M 990 PDF

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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 (4 parts)
Part VIII · Statement of revenue $12,423,380 across 8 lines filed
VIII-1d Related organizations$776,319
VIII-1h Total contributions, gifts and grants$776,319
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $6,980,081$6,980,081
VIII-3 Investment incomeUnrelated business $280,648$280,648
VIII-5 RoyaltiesUnrelated business $246,271$246,271
VIII-6 Net rental income or lossRelated to mission $103,804$103,804
VIII-7 Net gain or loss on sales of assetsRelated to mission $14,400 · Unrelated business $4,021,857$4,036,257
VIII-12 Total revenueRelated to mission $7,098,285 · Unrelated business $4,548,776$12,423,380
Part IX · Statement of functional expenses $9,033,047 across 16 lines filed
IX-7 Other salaries and wages$2,913,429
IX-8 Pension plan contributions$102,988
IX-9 Other employee benefits$200,547
IX-10 Payroll taxes$252,515
IX-11b Legal fees$79,518
IX-11c Accounting fees$43,207
IX-11f Investment management fees$42,167
IX-13 Office expenses$164,519
IX-14 Information technology$912,940
IX-16 Occupancy$619,768
IX-17 Travel$4,311
IX-19 Conferences, conventions and meetings$195,520
IX-20 Interest$19,329
IX-22 Depreciation, depletion and amortization$244,432
IX-24 Other expenses (24a–d)$3,184,524
IX-24e All other expenses$53,333
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$9,033,047
Part X · Balance sheet $15,299,454 assets, 14 lines filed
Asset lines not itemized here account for $103,391; see the IRS return.
X-2 Savings and temporary cash investmentsStart of year $402,795$695,658
X-4 Accounts receivableStart of year $79,833$66,444
X-9 Prepaid expenses and deferred chargesStart of year $108,295$97,840
X-10c Land, buildings and equipment, netStart of year $1,333,487$1,177,536
X-11 Publicly traded securitiesStart of year $11,006,488$13,158,585
X-16 Total assetsStart of year $13,397,589$15,299,454
X-17 Accounts payable and accrued expensesStart of year $1,697,708$2,672,296
X-19 Deferred revenue$213,680
X-25 Other liabilitiesStart of year $1,198,226$406,576
X-26 Total liabilitiesStart of year $2,895,934$3,292,552
X-27 Net assets without donor restrictionsStart of year $6,702,363$9,009,221
X-28 Net assets with donor restrictionsStart of year $3,799,292$2,997,681
X-32 Total net assets or fund balancesStart of year $10,501,655$12,006,902
X-33 Total liabilities and net assetsStart of year $13,397,589$15,299,454
Part XI · Reconciliation of net assets $12,006,902 net assets at year end
XI-1 Total revenue$12,423,380
XI-2 Total expenses$9,033,047
XI-3 Revenue less expenses$3,390,333
XI-4 Net assets at start of year$10,501,655
XI-5 Net unrealized gains (losses) on investments−$1,885,086
XI-10 Net assets at end of year$12,006,902

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

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