Theta Chi Fraternity Inc is located in Warminster, PA. The organization was established in 1966. 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 $98.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $92.6k during the year ending 12/2023. While expenses have increased by 14.3% per year over the past 5 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
FOUNDED IN 1856, THETA CHI FRATERNITY IS A MEN'S COLLEGIATE FRATERNITY WITH MORE THAN 196,000 INITIATED MEMBERS AND HAS ESTABLISHED 245 CHAPTERS. LEADERSHIP DEVELOPMENT, PERSONAL DEVELOPMENT, AND SERVICE TO ALMA MATER ARE FUNDAMENTAL TO THETA CHI FRATERNITY'S MISSION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marty Evans President | 2 | $0 | |
Geoff Penney Treasurer | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $9,208 |
Total Program Service Revenue | $85,634 |
Membership dues | $3,375 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $98,217 |
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 | $1,251 |
Occupancy, rent, utilities, and maintenance | $91,322 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $92,573 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $137,292 |
Other assets | $0 |
Total assets | $284,692 |
Total liabilities | $237,556 |
Net assets or fund balances | $47,136 |