Beta Theta Pi Fraternity is located in Moscow, ID. 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. Beta Theta Pi Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 05/2016, Beta Theta Pi Fraternity generated $416.0k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $372.8k during the year ending 05/2016. As we would expect to see with falling revenues, expenses have declined by (9.2%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF A COLLEGE FRATERNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES ATTRIBUTABLE TO OPERATION OF COLLEGE FRATERNITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steven Cleppe House Manager | Officer | 4 | $0 |
Jonah Graff President | Officer | 4 | $0 |
Chase Lanham Vice President | Officer | 4 | $0 |
Everett Boker Treasurer | Officer | 4 | $0 |
David Lytle Rush Chair | Officer | 4 | $0 |
Joe Langworthy Rush Chair | Officer | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Investment income | $8 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $415,964 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,350 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $21,588 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $2,802 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,275 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $157,586 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $42,288 |
Depreciation, depletion, and amortization | $213 |
Insurance | $248 |
All other expenses | $0 |
Total functional expenses | $372,805 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $122,414 |
Savings and temporary cash investments | $30,016 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $153,066 |
Accounts payable and accrued expenses | $5,385 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $208 |
Total liabilities | $5,593 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $147,473 |
Organization Name | Assets | Revenue |
---|---|---|
Alpha Theta Of Alpha Delta Pi Building Corporation Issaquah, WA | $1,708,164 | $973,302 |
Phi Gamma Delta Fraternity Seattle, WA | $350,095 | $1,140,459 |
Beta Theta Pi Fraternity Seattle, WA | $108,890 | $916,187 |
Alpha Delta Phi Foundation Kirkland, WA | $740,441 | $793,693 |
Gamma Phi Beta Sorority Inc Seattle, WA | $2,167,793 | $762,242 |
Beta Pi Association Of Kappa Kappa Gamma Seattle, WA | $2,399,306 | $897,218 |
Puget Sound Association Of Sigma Kappa Sorority Seattle, WA | $1,731,949 | $760,171 |
Pi Kappa Phi Fraternity Seattle, WA | $195,786 | $713,457 |
Sigma Chi Fraternity Seattle, WA | $50,937 | $716,404 |
Cardinal National Housing Corporation Wilsonville, OR | $1,663,039 | $825,582 |
Alpha Gamma Delta Fraternity Seattle, WA | $319,187 | $750,834 |
Alpha Gamma Delta Fraternity Pullman, WA | $460,974 | $722,907 |