BETA ZETA HOUSE CORPORATION

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1973

Legal Domicile

Principal Officer

COREY HERLICKSON

Phone

7012606212

Tax Period

2024-09-01 to 2025-08-31

BETA ZETA HOUSE CORPORATION, founded in 1973, is a small nonprofit that reported $671K in total revenue in fiscal year 2024. Revenue surged 116% from the prior year, signaling strong growth momentum. The organization ran a surplus of $426K, a strong 63% operating margin.

Mission

BETA ZETA HOUSE CORPORATION OWNS AND OPERATES A CHAPTER HOUSE FOR THE BETA ZETA CHAPTER OF SIGMA CHI FRATERNITY ON THE UNIVERSITY OF NORTH DAKOTA CAMPUS, GRAND FORKS, ND

Program Service Accomplishments

Program 1

BETA ZETA HOUSE CORPORATION OWNS AND OPERATES A CHAPTER HOUSE FOR THE BETA ZETA CHAPTER OF SIGMA CHI FRATERNITY ON THE UNIVERSITY OF NORTH DAKOTA CAMPUS, GRAND FORKS, ND

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $660,362

Program Service Revenue $0

Investment Income $10,466

Other Revenue $0

TOTAL REVENUE $670,828

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $150,595

TOTAL EXPENSES $245,206

Year-over-Year Comparison

	2024	2023	Change
Revenue	$670,828	$310,246	+1.2%
Expenses	$245,206	$258,929	-0.1%
Net Income	$425,622	$51,317	+7.3%

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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Reportable Comp	Other Comp	Total
TOM GILTNER	PRESIDENT/DIRECTOR	1.00	$0	$0	$0
COREY HERLICKSON	DIRECTOR	1.00	$0	$0	$0
RYAN KOPSENG	DIRECTOR	1.00	$0	$0	$0
JUSTIN STUDSRUD	TREASURER	1.00	$0	$0	$0
TANNER MOEN	DIRECTOR	1.00	$0	$0	$0
CHRIS WESSLING	DIRECTOR	1.00	$0	$0	$0
SCOTT LLOYD	SECRETARY	1.00	$0	$0	$0
BRETT LATHROP	DIRECTOR	1.00	$0	$0	$0
ROBERT FUGERE	VICE PRESIDENT	1.00	$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	$670,828	$245,206	$1,154,038	$425,622
2024	$310,246	$258,929	$738,402	$51,317
2023	$247,504	$92,714	$698,137	$154,790
2022	$88,012	$66,664	$577,163	$21,348
2021	$85,008	$51,331	$566,267	$33,677