Society Of Beta Sigma Psi is located in West Lafayette, IN. The organization was established in 1967. 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. Society Of Beta Sigma Psi is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2020, Society Of Beta Sigma Psi generated $159.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $140.3k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
PROVIDE A LEARNING, EDUCATIONAL, AND LEADERSHIPFOR COLLEGE LUTHERAN MEN
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dillion Griewe 2nd VP | 3 | $0 | |
Kevin Schiff President | 3 | $0 | |
Jake White 1st VP | 3 | $0 | |
Cody Gatewood 3rd VP | 3 | $0 | |
Ethan Ernst Treasurer | 3 | $0 | |
Andrew Ephlin Secretary | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $159,002 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $159,002 |
Statement of Expenses | |
---|---|
Total expenses | $140,297 |
Balance Sheet | |
---|---|
Total assets | $49,735 |
Total liabilities | $20,499 |
Net assets or fund balances | $29,236 |
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