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

Facility Corporation of Beta Sigma

Not tax-deductible

Dallas, TX501(c)(7)EIN 75-6026602Revenue $623K in FY2025

On file with the IRS3108 University Blvd, 75205-1928 · Dallas, TXTax-exempt since Mar 1957

Tell your story. Claim this org

To provide housing, study areas and an educationally supportive environment for kappa alpha theta members and kappa alpha theta member residents.

Run by 14 volunteers.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2025 · 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
1 of 4
filings with a surplus
Average deficit $135K a year · 26% of revenue · last 4 filings
Concern: a surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Cash reserves
8 mo
of spending, in cash
Looks good: 7.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3.6M
46% of total assets
Looks good: liabilities are 46% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$623K
+121% vs prior year
Spent
$683K
Net assets
$4.2M
By yearFY2021–FY2025
Revenue
$623K
FY2025▲ +121%
Tap a bar for its year
Revenue by fiscal year
FY2021$609K
FY2023$552K
FY2024$282K
FY2025$623K
Expenses
$683K
FY2025+0.4%
Tap a bar for its year
Expenses by fiscal year
FY2021$570K
FY2023$672K
FY2024$681K
FY2025$683K
Net assets
$4.2M
FY2025▼ -1%
Tap a bar for its year
Net assets by fiscal year
FY2021$5.1M
FY2023$4.7M
FY2024$4.3M
FY2025$4.2M

From the FY2025 Form 990 (year ending June 2025) · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1957.

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

Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Facility Corporation of Beta Sigma 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

Offers housing, study spaces, and educational support to members.

Questions for Facility Corporation of Beta Sigma

Tap to ask. Facility Corporation of Beta Sigma sees how many people are interested.

Your first name shows with your question. Facility Corporation of Beta Sigma answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · in their own filed words · FY2024
01

The corporation provides and manages a 23,000 square foot facility located at 3108 university BLVD, dallas, texas for use by members of the beta sigma facility corporation, members of kappa alpha theta, full time students of southern methodist university and their advisors, and donors to the beta sigma educational foundation.

Pt IX · col B

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$623K
Ln 12
Fees for servicesLn 2g$396K
Gifts and grantsLn 1h$219K
Investment incomeLn 3$8K
Money outPt IX
$683K
Ln 25
Owns and owesPt X
$4.2M
net assets · Ln 32
Cash and savingsLn 1–2$435K
Total assetsLn 16$7.9M
LiabilitiesLn 26$3.6M
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$219K
Fees for servicesLn 2g$396K
Investment incomeLn 3$8K
Other incomeLn 4–11$615
Total revenueLn 12$623K
Assets in detailPt X, end of year
CashLn 1$253K
SavingsLn 2$181K
Cash and savings togetherLn 1–2$435K
Land, buildings, equipmentLn 10c$7.4M
Other assetsLn 15$7K
Total assetsLn 16$7.9M
LiabilitiesLn 26$3.6M
Net assetsLn 32$4.2M
OperationsPt I, VI
EmployeesI 50
VolunteersI 614
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 FY25End FY25
Cash and savingsLn 1–2$281K$435K
Land, buildings, equipmentLn 10c$7.7M$7.4M
Total assetsLn 16$7.9M$7.9M
LiabilitiesLn 26$3.7M$3.6M
Net assetsLn 32$4.3M$4.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$48K
Other employee benefitsLn 9$611
Payroll taxesLn 10$4K
Legal feesLn 11b$3K
Accounting feesLn 11c$6K
Investment management feesLn 11f$1K
Office expensesLn 13$12K
OccupancyLn 16$188K
InterestLn 20$143K
Depreciation, depletion and amortizationLn 22$245K
InsuranceLn 23$28K
Other expenses (24a–d)Ln 24$5K
Total functional expensesLn 25$683K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $623K$683K−$60K$4.2M 990 PDF
FY2024 $282K$681K−$398K$4.3M 990 PDF
FY2023 $552K$672K−$120K$4.7M 990 PDF
FY2022 Not on file
FY2021 $609K$570K$39K$5.1M 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 FY2025 990 (6 parts)
Part I · Summary $623,298 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $77,950$218,997
I-9 Program service revenuePrior year $195,908$396,000
I-10 Investment incomePrior year $8,213$7,686
I-11 Other revenuePrior year $100$615
I-12 Total revenuePrior year $282,171$623,298
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 $64,266$52,384
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $616,301$630,698
I-18 Total expensesPrior year $680,567$683,082
I-19 Revenue less expensesPrior year −$398,396−$59,784
Part VI · Governance 4 of 4 board members independent, 1 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
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 $623,298 across 6 lines filed
VIII-1f All other contributions, gifts and grants$218,997
VIII-1h Total contributions, gifts and grants$218,997
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $396,000$396,000
VIII-3 Investment incomeUnrelated business $7,686$7,686
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $615$615
VIII-12 Total revenueRelated to mission $396,615 · Unrelated business $7,686 · Excluded from tax $0$623,298
Part IX · Statement of functional expenses $683,082 across 12 lines filed
IX-7 Other salaries and wages$48,098
IX-9 Other employee benefits$611
IX-10 Payroll taxes$3,675
IX-11b Legal fees$2,864
IX-11c Accounting fees$6,241
IX-11f Investment management fees$1,258
IX-13 Office expenses$11,789
IX-16 Occupancy$187,548
IX-20 Interest$142,944
IX-22 Depreciation, depletion and amortization$244,989
IX-23 Insurance$28,370
IX-24 Other expenses (24a–d)$4,695
IX-25 Total functional expenses$683,082
Part X · Balance sheet $7,857,842 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $106,033$253,048
X-2 Savings and temporary cash investmentsStart of year $174,897$181,470
X-9 Prepaid expenses and deferred chargesStart of year $0$2,778
X-10c Land, buildings and equipment, netStart of year $7,658,350$7,413,361
X-15 Other assetsStart of year $0$7,185
X-16 Total assetsStart of year $7,939,280$7,857,842
X-19 Deferred revenueStart of year $0$123,000
X-25 Other liabilitiesStart of year $29,892$32,442
X-26 Total liabilitiesStart of year $3,657,299$3,635,645
X-32 Total net assets or fund balancesStart of year $4,281,981$4,222,197
X-33 Total liabilities and net assetsStart of year $7,939,280$7,857,842
Part XI · Reconciliation of net assets $4,222,197 net assets at year end
XI-1 Total revenue$623,298
XI-2 Total expenses$683,082
XI-3 Revenue less expenses−$59,784
XI-4 Net assets at start of year$4,281,981
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,222,197

Form 990 e-file (XML) FY2025 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.