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

Beta Theta Pi Fraternity FY2020 filing

Not tax-deductible

Lincoln, NE501(c)(7)EIN 47-0105390Revenue $616K in FY2020

On file with the IRS1248 O St Ste 550, 68508-1405 · Lincoln, NETax-exempt since Feb 1941

Tell your story. Claim this org

Beta Theta Pi is dedicated to building men of principle for a principled life. Our brotherhood aids the individual, builds the Fraternity and strengthens the host academic institution through lifelong devotion to intellectual excellence, high standards of moral conduct and responsbile citizenship.

Mission: Form 990 Part I, line 1

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
3 of 5
filings with a surplus
Average surplus $19K a year · 3% 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
5 mo
of spending, in cash
Looks good: 5.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$30K
12% of total assets
Looks good: liabilities are 12% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$616K
Spent
$557K
To programs
0%
Net assets
$221K
By yearFY2020–FY2025
Revenue
$616K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$616K
FY2021$488K
FY2023$672K
FY2024$683K
FY2025$811K
Expenses
$557K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$557K
FY2021$581K
FY2023$676K
FY2024$597K
FY2025$762K
Net assets
$221K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$221K
FY2021$128K
FY2023$63K
FY2024$150K
FY2025$198K

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

990 PDF Claim
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 1941.

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 · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Max Van Arsdall
Alumni Relat
$0Pt VII · Sec A
Nick Callahan
Treasurer
$0Pt VII · Sec A
Brooks Douglass
Recruitment
$0Pt VII · Sec A
Shaun Edgecombe
Philanthropy
$0Pt VII · Sec A
Eric Goodwin
President
$0Pt VII · Sec A
Peter Haas
Secretary
$0Pt VII · Sec A
Kellen Habbaher
Risk Manager
$0Pt VII · Sec A
Cole Lyons
Scholarship
$0Pt VII · Sec A
See Beta Theta Pi Fraternity executive salaries →

On this list? Claim this org

Something off? Claim 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 principled men through intellectual excellence, moral conduct, and responsible citizenship.

Questions for Beta Theta Pi Fraternity

Tap to ask. Beta Theta Pi Fraternity sees how many people are interested.

Your first name shows with your question. Beta Theta Pi Fraternity answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · in their own filed words · FY2019
01

Fraternity Program

Greek system, monitored by the national fraternity at the university of nebraska-lincoln and alumni. Approximately 70 members live in the fraternity house and go to school full-time.

Pt IX · col B

By the numbers

The FY2020 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$616K
Ln 12
Fees for servicesLn 2g$616K
Money outPt IX
$557K
Ln 25
Owns and owesPt X
$221K
net assets · Ln 32
Cash and savingsLn 1–2$238K
Total assetsLn 16$251K
LiabilitiesLn 26$30K
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$616K
Total revenueLn 12$616K
Assets in detailPt X, end of year
CashLn 1$238K
Cash and savings togetherLn 1–2$238K
Total assetsLn 16$251K
LiabilitiesLn 26$30K
Net assetsLn 32$221K
OperationsPt I, VI
EmployeesI 52
VolunteersI 63
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 FY20End FY20
Cash and savingsLn 1–2$172K$238K
Total assetsLn 16$196K$251K
LiabilitiesLn 26$34K$30K
Net assetsLn 32$162K$221K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$61K
Payroll taxesLn 10$6K
Legal feesLn 11b$2K
Accounting feesLn 11c$400
Office expensesLn 13$3K
OccupancyLn 16$200K
Other expenses (24a–d)Ln 24$234K
All other expensesLn 24e$51K
Total functional expensesLn 25$557K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $811K$762K$49K$198K 990 PDF
FY2024 $683K$597K$86K$150K 990 PDF
FY2023 $672K$676K−$4K$63K 990 PDF
FY2022 Not on file
FY2021 $488K$581K−$93K$128K 990 PDF
FY2020 Viewing $616K$557K$59K$221K 990 PDF

More to add? 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 FY2020 990 (6 parts)
Part I · Summary $615,861 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $634,304$615,861
I-10 Investment incomePrior year $18$0
I-11 Other revenue$0
I-12 Total revenuePrior year $634,322$615,861
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $57,154$66,928
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $574,699$490,068
I-18 Total expensesPrior year $631,853$556,996
I-19 Revenue less expensesPrior year $2,469$58,865
Part VI · Governance 11 of 11 board members independent, 4 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
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 $615,861 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $615,861$615,861
VIII-12 Total revenueRelated to mission $615,861$615,861
Part IX · Statement of functional expenses $556,996 across 8 lines filed
IX-7 Other salaries and wages$60,778
IX-10 Payroll taxes$6,150
IX-11b Legal fees$2,208
IX-11c Accounting fees$400
IX-13 Office expenses$3,240
IX-16 Occupancy$199,873
IX-24 Other expenses (24a–d)$233,560
IX-24e All other expenses$50,787
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$556,996
Part X · Balance sheet $251,042 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $172,314$238,134
X-4 Accounts receivableStart of year $24,101$12,908
X-16 Total assetsStart of year $196,415$251,042
X-25 Other liabilitiesStart of year $34,002$29,764
X-26 Total liabilitiesStart of year $34,002$29,764
X-27 Net assets without donor restrictionsStart of year $162,413$221,278
X-32 Total net assets or fund balancesStart of year $162,413$221,278
X-33 Total liabilities and net assetsStart of year $196,415$251,042
Part XI · Reconciliation of net assets $221,278 net assets at year end
XI-1 Total revenue$615,861
XI-2 Total expenses$556,996
XI-3 Revenue less expenses$58,865
XI-4 Net assets at start of year$162,413
XI-10 Net assets at end of year$221,278

Form 990 e-file (XML) FY2020 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.