Theta Chi Fraternity Inc is located in Morehead, KY. The organization was established in 1971. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Theta Chi Fraternity Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Theta Chi Fraternity Inc generated $121.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $122.1k during the year ending 12/2023. While expenses have increased by 9.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDED MEALS, HOUSING, AND SOCIAL PROGRAMS FOR THE LOCAL SOCIAL FRATERNITY MEMBERS- TOTAL OF 45 MEMBERS FOR THE YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Caleb Brown President (start Nov 23) | 12 | $0 | |
Will Cox President (end Nov 23) | 12 | $0 | |
Jake Boros Vice President (start Nov 23) | 5 | $0 | |
John O'bryan Vice President (end Nov 23) | 5 | $0 | |
Brayson Cook Secretary (start Nov 23) | 5 | $0 | |
Trad Egleston Secretary (end Nov 23) | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $8,000 |
Total Program Service Revenue | $0 |
Membership dues | $115,412 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$2,000 |
Other Revenue | $500 |
Total Revenue | $121,912 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $3,462 |
Occupancy, rent, utilities, and maintenance | $31,499 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $45,207 |
Total expenses | $122,093 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $5,395 |
Other assets | $0 |
Total assets | $5,395 |
Total liabilities | $0 |
Net assets or fund balances | $5,395 |