GAMMA PHI BETA SORORITY INC

EIN: 237162509

Lawrence, KS

Total Revenue
$936,522
Total Expenses
$649,972
Total Assets
$3,550,096
Net Assets
$2,971,652
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1915
Legal Domicile
KS
Principal Officer
Kelly Simari
Phone
5072690704
Tax Period
2024-08-01 to 2025-07-31

GAMMA PHI BETA SORORITY INC, founded in 1915, is a small nonprofit that reported $937K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $287K, a strong 31% operating margin.

Mission

None

Program Service Accomplishments

Program 1
Expenses: $20,297 Revenue: $0

In the Summer of 2025 we installed a new security system. This system included 17 indoor/outdoor security cameras, motion sensitive lights and a new key entry system for all outside doors. This...

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In the Summer of 2025 we installed a new security system. This system included 17 indoor/outdoor security cameras, motion sensitive lights and a new key entry system for all outside doors. This system has equipped the property with newer technology for security in monitoring and safety for the members and employee living in the residence. A new front door lock was also installed.

Program 2
Expenses: $2,358 Revenue: $0

In March of 2025, three members of our Sigma Chapter Affiliated Housing Corporation (AHC) Board and our chapter's house director attended the Housing and Facilities Conference which was presented by...

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In March of 2025, three members of our Sigma Chapter Affiliated Housing Corporation (AHC) Board and our chapter's house director attended the Housing and Facilities Conference which was presented by Gamma Phi Beta's Facility Management Company for three days in St. Louis, Missouri. The purpose of the conference was to assist AHC volunteers in fostering welcoming, inclusive spaces that promote sisterhood by providing innovative, industry-leading properties and asset management services for Gamma Phi Beta and her members. The interactive sessions attended were Food Service Essentials, Impactful Facility Design, Partners in Preventative Maintenance, Fostering Sisterhood Through the Facility Experience, Getting to Know Gen Z, Trends in Risk Management, Trends in Insurance, and No More Empty Beds: How to Market Your Facility. Valuable discussions and active participation were a highlight. Networking between various AHC boards from across the country was invaluable. These networking opportunities gave us many ideas and inspiration for improving our facility and its management. Sigma chapter AHC strives to give our members access to living, learning, and gathering spaces that foster community and belonging.

Program 3
Expenses: $1,000 Revenue: $0

The AHC board contributed $1,000.00 to the Sally Ramseyer Beck/Betty Hailey Crooker Scholarship Fund. This scholarship is awarded to a Gamma Phi Beta member at the University of Kansas for education.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $54,921
Program Service Revenue $0
Investment Income $56,808
Other Revenue $824,793
TOTAL REVENUE $936,522

Expense Breakdown

Grants Paid $1,000
Salaries & Benefits $59,493
Fundraising Expenses $0
Program Expenses $23,655
Other Expenses $589,479
TOTAL EXPENSES $649,972

Year-over-Year Comparison

2024 2023 Change
Revenue $936,522 $770,414 +0.2%
Expenses $649,972 $622,422 +0.0%
Net Income $286,550 $147,992 +0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
1
Volunteers
8

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Elizabeth Bickley President 15.19
Officer Director
$0 $0 $0
Susan Kerr Vice President 1.19
Officer Director
$0 $0 $0
Elizabeth Scheib Secretary 6.73
Officer Director
$0 $0 $0
Kelly Simari Treasurer 9.04
Officer Director
$0 $0 $0
Jill McGee Chapter Financial Advisor 10.38
Director
$0 $0 $0
Nancy Kuehler Property Manager 10.87
Director
$0 $0 $0
Molly Haase Member at Large 0.81
Director
$0 $0 $0
Cindy Penzler Member at Large 0.98
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $936,522 $649,972 $3,550,096 $286,550
2024 $770,414 $622,422 $3,110,262 $147,992
2023 $231,613 $521,343 $2,979,377 $-289,730
2022 $29,755 $94,388 $2,859,618 $-64,633
2021 $286,586 $93,130 $2,971,072 $193,456
2020 $408,097 $121,792 $2,796,777 $286,305
2019 $882,054 $108,621 $2,829,392 $773,433
2018 $135,169 $38,195 $1,961,455 $96,974
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