Zeta Eta Educational Foundation
- Assets
- $953.2k
- Revenue
- $107.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Commerce, TX
- Founding
- 09/2018
- Data as of
- 12/2021
- EIN
- 83-0949893
Organization Overview
Zeta Eta Educational Foundation is located in Commerce, TX. The organization was established in 2018. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Zeta Eta Educational Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Zeta Eta Educational Foundation generated $107.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (35.7%) each year. All expenses for the organization totaled $68.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS TO STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dean Butler President | 10 | $0 | |
Greg Hulsey Treasurer | 4 | $0 | |
John Chopel Vice President | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $97,702 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $107,087 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $108 |
| Taxes | $2,554 |
| Depreciation | $26,058 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $243 |
| Printing and publications | $983 |
| Other expenses | $26,137 |
| Total operating and administrative expenses | $68,094 |
| Contributions, gifts, grants paid | $500 |
| Total expenses and disbursements | $68,594 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,458 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $38,771 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $863,997 |
| Other assets | $0 |
| Total assets | $953,226 |
| Accounts payable and accrued expenses | $2,800 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $119,600 |
| Other liabilities | $0 |
| Total liabilities | $122,400 |
Grants Awarded
Over the last fiscal year, Zeta Eta Educational Foundation has awarded $4,200 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
FIVE UNIVERSITY ZETA ETA CHAPTER MEMBERS PURPOSE: EDUCATIONAL WORKSHOP | $3,400 |
PHIL KINZER PURPOSE: COVID GRANT FROM LOSS OF BUSINESS | $500 |
FAMILY OF TODD FREEMAN PURPOSE: FURNERAL EXPENSES | $300 |
Peer Organizations
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|---|---|---|
Bokf Foundation Tulsa, OK | $18,840,585 | $10,529,453 |
Barbara Bush Houston Literacy Foundation Houston, TX | $10,679,389 | $4,314,808 |
San Jacinto Community College Foundation Pasadena Texas Pasadena, TX | $44,430,086 | $3,138,772 |
Northshore Community Foundation Covington, LA | $35,281,290 | $6,747,266 |
Cardwell Foundation El Paso, TX | $19,559,398 | $1,253,367 |
Boys And Girls Club Of Benton County Bentonville, AR | $4,739,597 | $3,092,938 |
Highland Dallas Foundation Inc Dallas, TX | $58,559,322 | $4,564,179 |
Tarrant County College Foundation Fort Worth, TX | $35,706,902 | $3,034,806 |
William C Schumacher Family Foundation Lafayette, LA | $29,256,069 | $1,867,606 |
Charitable Holdings Ii Austin, TX | $3,026,494 | $996,055 |
U N M Lobo Club Albuquerque, NM | $4,128,424 | $2,973,748 |
Ntfb - Perot Family Campus Plano, TX | $22,905,162 | $1,242,000 |