Delta Tau Delta Educational Foundation Inc

EIN: 311020203 501(c)(3) Education

Indianapolis, IN

Total Revenue
$4,034,972
Total Expenses
$4,108,122
Total Assets
$31,450,256
Net Assets
$30,880,413
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1911
Legal Domicile
IN
Phone
3172840203
Tax Period
2024-08-01 to 2025-07-31

Delta Tau Delta Educational Foundation Inc, founded in 1911, is a community nonprofit in the Education sector that reported $4.0M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Net assets of $30.9M represent 92 months of operating reserves.

Mission

THE DELTA TAU DELTA EDUCATIONAL FOUNDATION, INC. IS ORGANIZED TO RAISE, MANAGE AND GRANT FUNDS FOR THE BENEFIT OF THE EDUCATIONAL AND LEADERSHIP PROGRAMS OF DELTA TAU DELTA FRATERNITY AND ITS CHAPTERS SO MEMBERS FULFILL THE DELT CREED, LIVE LIVES OF EXCELLENCE, AND THEREBY HAVE A POSITIVE IMPACT ON SOCIETY.

Program Service Accomplishments

Program 1
Expenses: $1,446,937 Revenue: $84,016

CHAPTER ASSISTANCE: SUPPORT TO CHAPTER THROUGH GRANTING OF FUNDS FOR QUALIFIED EDUCATIONAL HOUSING IMPROVEMENTS AND EDUCATIONAL INITIATIVES.

Program 2
Expenses: $923,038 Revenue: $78,192

UNDERGRADUATE ASSISTANCE: SCHOLARSHIPS AWARDED TO UNDERGRADUATE MEMBERS WHO EXCELLED IN THE AREAS OF SCHOLARSHIP, LEADERSHIP, COMMUNITY SERVICE.

Program 3
Expenses: $250,700 Revenue: $10

INDIVIDUAL AND GROUP COUNSELING: THE CONDUCT OF INDIVIDUAL AND GROUP COUNSELING TO CHAPTER MEMBERS AND THE TRAINING OF INDIVIDUALS TO DO SUCH COUNSELING. GROUP COUNSELING INCLUDES WORKSHOPS AND...

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INDIVIDUAL AND GROUP COUNSELING: THE CONDUCT OF INDIVIDUAL AND GROUP COUNSELING TO CHAPTER MEMBERS AND THE TRAINING OF INDIVIDUALS TO DO SUCH COUNSELING. GROUP COUNSELING INCLUDES WORKSHOPS AND LECTURES ON LEADERSHIP AND PERSONAL DEVELOPMENT, RISK MANAGEMENT, UNDERSTANDING THE FREE ENTERPRISE SYSTEM, ACHIEVEMENT OF HIGH SCHOLASTIC ATTAINMENT, CITIZENSHIP AND PATRIOTISM, ALCOHOL AND SUBSTANCE ABUSE PREVENTION, AND ADVANCED LEADERSHIP TRAINING FOR SELECTED INDIVIDUALS. INDIVIDUAL COUNSELING INCLUDES ONE-ON-ONE SESSIONS WITH SELECTED UNDERGRADUATE CHAPTER MEMBERS OF THE DELTA TAU DELTA FRATERNITY REGARDING LEADERSHIP OPPORTUNITIES, SCHOLARSHIP, AND STUDYING TECHNIQUES. IN ADDITION, THE DELTA TAU DELTA EDUCATIONAL FOUNDATION, INC. CONDUCTS CHARITABLE AND EDUCATIONAL ACTIVITIES AT THE DELTA TAU DELTA FRATERNITY'S ANNUAL DIVISIONAL CONFERENCES AND BIENNIAL NATIONAL CONVENTION. SUCH ACTIVITIES INCLUDE WORKSHOPS AND SEMINARS IN THE AREAS OF LEADERSHIP, SCHOLARSHIP, LIFE SKILLS, (CONTINUED ON SCHEDULE O)

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,156,504
Program Service Revenue $162,218
Investment Income $716,250
Other Revenue $0
TOTAL REVENUE $4,034,972

Expense Breakdown

Grants Paid $1,848,558
Salaries & Benefits $910,521
Fundraising Expenses $775,664
Program Expenses $2,620,675
Other Expenses $1,349,043
TOTAL EXPENSES $4,108,122

Year-over-Year Comparison

2024 2023 Change
Revenue $4,034,972 $3,556,977 +0.1%
Expenses $4,108,122 $3,049,162 +0.3%
Net Income $-73,150 $507,815 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
19
Independent Members
19
Employees
11
Volunteers
19

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
7
$486,021
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Daniel Stith Vice Chairman 5.0
Officer Director
$0 $0 $0
Jeffry Henning Secretary 5.0
Officer Director
$0 $0 $0
Michael Shonrock Chairman 5.0
Officer Director
$0 $0 $0
P Chris Mickel Treasurer 5.0
Officer Director
$0 $0 $0
Alexander Schriver Director 5.0
Director
$0 $0 $0
Anthony Albanese Director 5.0
Director
$0 $0 $0
Daniel Dungan Director 5.0
Director
$0 $0 $0
Gregory Ethridge Director 5.0
Director
$0 $0 $0
Gregory Kazarian Director 5.0
Director
$0 $0 $0
James Wisbrock Director 5.0
Director
$0 $0 $0
Jeffrey Burns Director 5.0
Director
$0 $0 $0
Jerome Kerkman Director 5.0
Director
$0 $0 $0
John Gleeson Director 5.0
Director
$0 $0 $0
Kent Hance Director 5.0
Director
$0 $0 $0
Mark Aschliman Director 5.0
Director
$0 $0 $0
Rory Jones Director 5.0
Director
$0 $0 $0
Scott Sinner Director 5.0
Director
$0 $0 $0
Timothy Cullen Director 5.0
Director
$0 $0 $0
William McMeans Director 5.0
Director
$0 $0 $0
Nick Zuniga Chief Admin Officer 40.0
Officer
$132,948 $12,300 $145,248
Steven Vedra President 40.0
Officer
$151,081 $30,852 $181,933
Tony Vulkusich VP of Advancement 40.0
Officer
$148,973 $9,867 $158,840
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 $4,034,972 $4,108,122 $31,450,256 $-73,150
2024 $3,556,977 $3,049,162 $29,337,074 $507,815
2023 $4,515,296 $6,029,670 $26,765,129 $-1,514,374
2022 $7,019,094 $3,686,545 $27,163,598 $3,332,549
2021 $4,447,826 $3,122,141 $26,574,147 $1,325,685
2020 $3,543,321 $3,501,503 $21,757,327 $41,818
2019 $4,259,436 $2,826,278 $22,247,138 $1,433,158
2018 $2,568,002 $1,661,660 $21,528,527 $906,342
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