Theta Building Association FY2021 filing

Not tax-deductible

Indianapolis, INMutual-benefit / member-serving EIN 39-1087800Revenue $178K in FY2021Latest return filed Mar 9, 2026

On file with the IRSIndianapolis, INTax-exempt since Mar 1940

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $100 a year.

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

To provide housing

Form 990 Part I, line 1, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 39-1087800) · Dispute this line
Mission: Form 990 Part I, line 1

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $91K a year · 34% of revenue · last 5 filings
A surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
30.8 mo
of spending, in cash
30.8 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$4K
0.6% of total assets
Liabilities are 0.6% of assets.
Pt X · Ln 26
Independent board members
8
of 8 voting members
8 of 8 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$178K
Spent
$160K
Net assets
$722K
By yearFY2021–FY2025
Revenue
$178K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$178K
FY2022$245K
FY2023$354K
FY2024$257K
FY2025$305K
Expenses
$160K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$160K
FY2022$180K
FY2023$170K
FY2024$177K
FY2025$196K
Net assets
$722K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$722K
FY2022$787K
FY2023$971K
FY2024$1.1M
FY2025$1.2M

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

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 Mar 1940.

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

Who runs it and what they're paid

14 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Chief Excutive Officer
$0Pt VII · Sec A
Chief Financial Officer
$0Pt VII · Sec A
Facility Management Director
$0Pt VII · Sec A
Facility Management Advisor
$0Pt VII · Sec A
Finance Advisor
$0Pt VII · Sec A
See Theta Building Association executive salaries →

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

Theta Building Association is a member-serving organization based in Indianapolis, IN.

Questions for Theta Building Association

Tap to ask. Theta Building Association sees how many people are interested.

Your first name shows with your question. Theta Building Association answers here, for everyone.

1 program · in their own filed words · FY2020
01

The corporation provides and manages the chapter headquarters for the psi chapter of the kappa alpha theta collegiate sorority which provides a place to foster friendship, promote educational and cultural interests, and develop the maturity of the members.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 39-1087800) · Dispute this line
Pt IX · Ln 25 · col B

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$178K
Ln 12
Fees for servicesLn 2g$178K
Investment incomeLn 3$533
Money outPt IX
$160K
Ln 25
Owns and owesPt X
$722K
net assets · Ln 32
Cash and savingsLn 1–2$411K
Total assetsLn 16$726K
LiabilitiesLn 26$4K
PeoplePt VI, VII
14
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$178K
Investment incomeLn 3$533
Total revenueLn 12$178K
Assets in detailPt X, end of year
CashLn 1$311K
SavingsLn 2$100K
Cash and savings togetherLn 1–2$411K
Accounts receivableLn 4$2K
Land, buildings, equipmentLn 10c$314K
Total assetsLn 16$726K
LiabilitiesLn 26$4K
Net assetsLn 32$722K
OperationsPt I, VI
EmployeesI 50
VolunteersI 611
Fiscal year endsHeaderJune
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$347K$411K
Land, buildings, equipmentLn 10c$361K$314K
Total assetsLn 16$710K$726K
LiabilitiesLn 26$6K$4K
Net assetsLn 32$703K$722K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$4K
OccupancyLn 16$95K
Depreciation, depletion and amortizationLn 22$50K
InsuranceLn 23$8K
Other expenses (24a–d)Ln 24$3K
Total functional expensesLn 25$160K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Mar 9, 2026 $305K$196K$110K$1.2M 990 PDF
FY2024Filed with the IRS Jan 23, 2025 $257K$177K$80K$1.1M 990 PDF
FY2023Filed with the IRS Jan 16, 2024 $354K$170K$184K$971K 990 PDF
FY2022Filed with the IRS Nov 22, 2022 $245K$180K$65K$787K 990 PDF
FY2021 ViewingFiled with the IRS Dec 3, 2021 $178K$160K$19K$722K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2021 990
Part I · Summary $178,408 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $168,710$177,875
I-10 Investment incomePrior year $457$533
I-11 Other revenuePrior year $11,980$0
I-12 Total revenuePrior year $181,147$178,408
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 $166,499$159,833
I-18 Total expensesPrior year $166,499$159,833
I-19 Revenue less expensesPrior year $14,648$18,575
Part VI · Governance 8 of 8 board members independent, 1 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-15a Process for setting top official's payNo
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
Part VIII · Statement of revenue $178,408 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $177,875$177,875
VIII-3 Investment incomeUnrelated business $533$533
VIII-12 Total revenueRelated to mission $177,875 · Unrelated business $533 · Excluded from tax $0$178,408
Part IX · Statement of functional expenses $159,833 across 5 lines filed
IX-11c Accounting fees$4,182
IX-16 Occupancy$94,641
IX-22 Depreciation, depletion and amortization$49,902
IX-23 Insurance$8,165
IX-24 Other expenses (24a–d)$2,943
IX-25 Total functional expenses$159,833
Part X · Balance sheet $726,249 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $325,414$310,611
X-2 Savings and temporary cash investmentsStart of year $22,000$100,000
X-4 Accounts receivableStart of year $716$2,034
X-10c Land, buildings and equipment, netStart of year $361,487$313,604
X-16 Total assetsStart of year $709,617$726,249
X-17 Accounts payable and accrued expensesStart of year $2,432$489
X-25 Other liabilitiesStart of year $3,800$3,800
X-26 Total liabilitiesStart of year $6,232$4,289
X-27 Net assets without donor restrictionsStart of year $703,385$721,960
X-32 Total net assets or fund balancesStart of year $703,385$721,960
X-33 Total liabilities and net assetsStart of year $709,617$726,249
Part XI · Reconciliation of net assets $721,960 net assets at year end
XI-1 Total revenue$178,408
XI-2 Total expenses$159,833
XI-3 Revenue less expenses$18,575
XI-4 Net assets at start of year$703,385
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$721,960

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.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.