Gamma Phi Beta Sorority Inc
- Assets
- $45.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, OH
- Founding
- 11/1940
- Data as of
- 07/2022
- EIN
- 31-6049279
Organization Overview
Gamma Phi Beta Sorority Inc is located in Springfield, OH. The organization was established in 1940. 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. Gamma Phi Beta Sorority Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 07/2022, Gamma Phi Beta Sorority Inc generated $40.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $40.3k during the year ending 07/2022. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
FURNISHED AND MAINTAINED CHAPTER HOUSE FOR RESIDENTS AND PROVIDED SOCIAL GATHERING ACTIVITIES FOR MEMBERS
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Board, Officers & Key Employees
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $616 |
| Total Program Service Revenue | $0 |
| Membership dues | $40,143 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $40,759 |
| 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 | $2,765 |
| Occupancy, rent, utilities, and maintenance | $523 |
| Printing, publications, postage, and shipping | $158 |
| Other expenses | $34,903 |
| Total expenses | $40,299 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,551 |
| Other assets | $0 |
| Total assets | $45,551 |
| Total liabilities | $0 |
| Net assets or fund balances | $45,551 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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Alpha Gamma Delta Fraternity Indianapolis, IN | $13,038,202 | $5,499,858 |
Delta Gamma Foundation Columbus, OH | $43,080,592 | $13,458,880 |
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Sigma Tau Gamma Fraternity Indianapolis, IN | $5,058,507 | $3,953,336 |
Delta Tau Delta Educational Foundation Inc Fishers, IN | $27,163,598 | $7,019,094 |
Alpha Sigma Phi Fraternity Inc Carmel, IN | $4,417,023 | $3,578,190 |
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