Pi Beta Phi Fraternity Oklahoma Beta Chapter FY2020 filing

Not tax-deductible

Chesterfield, MO501(c)(7)Since 1919Mutual / membership EIN 73-0401920Revenue $437K in FY2020

On file with the IRSokstate.pibetaphi.org1154 Town and Country Commons Dr, 63017-8200 · Chesterfield, MOTax-exempt since May 1942

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To mutually encourage and assist members in social, mental, and moral advancement.

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

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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
4 of 6
filings with a surplus
Average surplus $19K a year · 2% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
22 mo
of spending, in cash
Looks good: 22.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1.2M
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$790
0.09% of total assets
Looks good: liabilities are 0% 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
$437K
Spent
$468K
Net assets
$881K
By yearFY2020–FY2025
Revenue
$437K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$437K
FY2021$1.0M
FY2022$1.1M
FY2023$1.2M
FY2024$718K
FY2025$1.2M
Expenses
$468K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$468K
FY2021$844K
FY2022$999K
FY2023$1.7M
FY2024$587K
FY2025$1.0M
Net assets
$881K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$881K
FY2021$1.1M
FY2022$1.2M
FY2023$736K
FY2024$867K
FY2025$1.0M

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

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1942.

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

Who runs it and what they're paid

17 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Chapter President
$0Pt VII · Sec A
VP Member Development
$0Pt VII · Sec A
VP Fraternity Development
$0Pt VII · Sec A
$0Pt VII · Sec A
VP Membership
$0Pt VII · Sec A
VP Administration
$0Pt VII · Sec A
VP Philanthropy
$0Pt VII · Sec A
VP Communications
$0Pt VII · Sec A
See Pi Beta Phi Fraternity Oklahoma Beta Chapter 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 15aNo

Programs and updates

Helps members improve socially, mentally, and morally through mutual support.

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1 program · in their own filed words · FY2019
01

The Oklahoma beta chapter of pi beta phi fraternity is a membership organization supported by dues, fees, charges, or other funds paid by its members and provides goods, facilities, and services to members while assisting students in improving various educational and leadership skills by supporting philanthropic and community service…

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 · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$1.2M
Grants paid · 6 grants · $637K · 2019–2024
Pi Beta Phi FoundationMO · FY2024$6,245
Pi Beta Phi FoundationMO · FY2023$16,202
Pi Beta Phi FoundationMO · FY2022$576,105
Pi Beta Phi FoundationMO · FY2021$18,753
Pi Beta Phi FoundationMO · FY2020$2,475
Pi Beta Phi FoundationMO · FY2019$17,630

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$437K
Ln 12
Fees for servicesLn 2g$433K
Other incomeLn 4–11$2K
Investment incomeLn 3$2K
Money outPt IX
$468K
Ln 25
Owns and owesPt X
$881K
net assets · Ln 32
Cash and savingsLn 1–2$869K
Total assetsLn 16$881K
LiabilitiesLn 26$790
PeoplePt VI, VII
17
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$433K
Investment incomeLn 3$2K
Other incomeLn 4–11$2K
Gains on assetsLn 7$0
Total revenueLn 12$437K
Assets in detailPt X, end of year
CashLn 1$427K
SavingsLn 2$442K
Cash and savings togetherLn 1–2$869K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$82
Total assetsLn 16$881K
LiabilitiesLn 26$790
Net assetsLn 32$881K
OperationsPt I, VI
EmployeesI 50
VolunteersI 68
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$893K$869K
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$913K$881K
LiabilitiesLn 26$2K$790
Net assetsLn 32$911K$881K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$18K
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$4K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$30K
Advertising and promotionLn 12$13K
Office expensesLn 13$16K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$305K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$3K
InterestLn 20$0
Payments to affiliatesLn 21$502
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$80K
Total functional expensesLn 25$468K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.2M$1.0M$159K$1.0M 990 PDF
FY2024 $718K$587K$130K$867K 990 PDF
FY2023 $1.2M$1.7M−$486K$736K 990 PDF
FY2022 $1.1M$999K$148K$1.2M 990 PDF
FY2021 $1.0M$844K$193K$1.1M 990 PDF
FY2020 Viewing $437K$468K−$31K$881K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $437,319 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $609,935$432,830
I-10 Investment incomePrior year $1,851$2,224
I-11 Other revenuePrior year $7,070$2,265
I-12 Total revenuePrior year $618,856$437,319
I-13 Grants and similar amounts paidPrior year $26,294$17,630
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 $464,711$450,269
I-18 Total expensesPrior year $491,005$467,899
I-19 Revenue less expensesPrior year $127,851−$30,580
Part VI · Governance 7 of 7 board members independent, 4 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
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 $437,319 across 8 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $432,830$432,830
VIII-3 Investment incomeExcluded from tax $2,224$2,224
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising eventsExcluded from tax $2,265$2,265
VIII-12 Total revenueRelated to mission $432,830 · Excluded from tax $4,489$437,319
Part IX · Statement of functional expenses $467,899 across 30 lines filed
IX-1 Grants to domestic organizations$17,630
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$3,830
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$30,431
IX-12 Advertising and promotion$12,598
IX-13 Office expenses$15,848
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$304,725
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$2,621
IX-20 Interest$0
IX-21 Payments to affiliates$502
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)$79,714
IX-25 Total functional expenses$467,899
Part X · Balance sheet $881,457 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $453,565$427,400
X-2 Savings and temporary cash investmentsStart of year $439,861$442,044
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $19,969$11,931
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $42$82
X-16 Total assetsStart of year $913,437$881,457
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $2,190$790
X-26 Total liabilitiesStart of year $2,190$790
X-27 Net assets without donor restrictionsStart of year $911,247$880,667
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $911,247$880,667
X-33 Total liabilities and net assetsStart of year $913,437$881,457
Part XI · Reconciliation of net assets $880,667 net assets at year end
XI-1 Total revenue$437,319
XI-2 Total expenses$467,899
XI-3 Revenue less expenses−$30,580
XI-4 Net assets at start of year$911,247
XI-10 Net assets at end of year$880,667

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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