BETA PHI FOUNDATION INC

EIN: 351861547 501(c)(3) Unknown

LAFAYETTE, IN

Total Revenue
$81,657
Total Expenses
$62,512
Total Assets
$1,044,285
Net Assets
$1,044,285
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
IN
Principal Officer
BILL KINDER
Phone
7855564571
Tax Period
2024-01-01 to 2024-12-31

BETA PHI FOUNDATION INC, founded in 1992, is a micro nonprofit in the Unknown sector that reported $82K in total revenue in fiscal year 2024. Revenue surged 38% from the prior year, signaling strong growth momentum. The organization ran a surplus of $19K, a strong 23% operating margin.

Mission

TO PROVIDE SCHOLARSHIPS, GRANTS AND OTHER FINANCIAL AID TO STUDENTS OF PURDUE UNIVERSITY.

Program Service Accomplishments

Program 1
Expenses: $18,377

TO PROVIDE ACADEMIC TUTORING AND LEADERSHIP SUPPORT TO STUDENTS AT PURDUE UNIVERSITY.

Program 2
Expenses: $4,800

TO FUND SCHOLARSHIPS AT PURDUE UNIVERSITY.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $43,283
Program Service Revenue $0
Investment Income $38,374
Other Revenue $0
TOTAL REVENUE $81,657

Expense Breakdown

Grants Paid $4,800
Salaries & Benefits $7,800
Fundraising Expenses $18,519
Program Expenses $23,177
Other Expenses $31,393
TOTAL EXPENSES $62,512

Year-over-Year Comparison

2024 2023 Change
Revenue $81,657 $58,977 +0.4%
Expenses $62,512 $71,402 -0.1%
Net Income $19,145 $-12,425 -2.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
5

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
5
$7,800
Total Directors
5
$7,800
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICH RUSSELL CHAIRMAN 1.00
Officer Director
$0 $0 $0
BILL KINDER PRESIDENT 1.00
Officer Director
$0 $0 $0
CHUCK RICE VICE PRESIDE 1.00
Officer Director
$0 $0 $0
REX MARTIN SECRETARY/HI 1.00
Officer Director
$0 $0 $0
ANGELA CUNNINGHAM TREASURER 1.00
Officer Director
$7,800 $0 $7,800
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
2024 $81,657 $62,512 $1,044,285 $19,145
2023 $58,977 $71,402 $927,233 $-12,425
2022 $83,779 $68,118 $839,703 $15,661
2021 $85,805 $50,069 $971,829 $35,736
2020 $117,518 $26,213 $783,583 $91,305
Explore More Nonprofits
→Top 100 Nonprofits in Indiana →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare BETA PHI FOUNDATION INC with other nonprofits in Indiana and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.