TAU EPSILON PHI FRATERNITY TAU BETA CHAPTER

EIN: 472384115 Education

COLLEGE PARK, MD

Total Revenue
$895,023
Total Expenses
$890,994
Total Assets
$21,686
Net Assets
$21,686
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1925
Legal Domicile
MD
Principal Officer
ADAM ADAM WEISENSEL
Phone
5185052010
Tax Period
2024-06-01 to 2025-05-31

TAU EPSILON PHI FRATERNITY TAU BETA CHAPTER, founded in 1925, is a small nonprofit in the Education sector that reported $895K in total revenue in fiscal year 2024. Revenue surged 54% from the prior year, signaling strong growth momentum.

Mission

TO TEACH YOUNG MEN THAT THERE IS MORE TO BE GAINED OUT OF LIFE BY SERVING OTHERS. TO PROVIDE THE FORUM THROUGH FRATERNITY FOR OUR AMBITIONS TO BE HEARD AND PRACTICED. TO GIVE TO OTHERS WITHOUT SELSH THOUGHT OF GAIN OR PERSONAL ADVANCEMENT. TO CREATE A BETTER SOCIETY WHERE MEN HAVE LEARNED TO VALUE OTHERS AS THEY VALUE THEMSELVES. TO HAVE A MEMBERSHIP WHO RESPECT ONE ANOTHER AND THE ORGANIZATION FOR WHICH THEY ALL STAND.

Program Service Accomplishments

Program 1

CONDUCT RUSH & RECRUITMENT ON A CONTINUAL BASIS TO SEEK OUT AND LOCATE INDIVIDUALS WHO BEST EXEMPLIFY THE IDEALS OF FRIENDSHIP, CHIVALRY AND SERVICE IN ORDER TO GROW OR SUSTAIN THE CHAPTER...

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CONDUCT RUSH & RECRUITMENT ON A CONTINUAL BASIS TO SEEK OUT AND LOCATE INDIVIDUALS WHO BEST EXEMPLIFY THE IDEALS OF FRIENDSHIP, CHIVALRY AND SERVICE IN ORDER TO GROW OR SUSTAIN THE CHAPTER MEMBERSHIP. THIS IS TRADITIONALLY CONDUCTED DURING THE SPRING AND FALL SEMESTERS ON THE CHAPTERS CAMPUS. THIS TYPE OF PROGRAMING GENERALLY INVOLVES MEETING NEW PEOPLE THROUGH VARIOUS MEANS INCLUDING IN PERSON EVENTS AND ONLINE SOCIAL MEDIA PLATFORMS. ADDITIONALLY, OUR CHAPTERS ROUTINELY CONDUCT PHILANTHROPIC WORK TO RAISE MONEY FOR VARIOUS CAUSES, TYPICALLY THOSE IN THE LOCAL COMMUNITY THAT HAVE A PARTICULAR CONNECTION TO THE CHAPTER. FURTHERMORE, OUR MEMBERS DONATE THEIR PERSONAL TIME TO LOCAL COMMUNITY SERVICE EVENTS TO FURTHER PROMOTE OUR IDEAL OF SERVICE. WHEN NOT PERFORMING PHILANTHROPIC OR CHARITABLE PROGRAMING, MEMBERS OFTEN MEET REGULARLY FOR FELLOWSHIP AND MEALS TO SHARE AND INCULCATE THE IDEALS THAT THEY ENJOIN.

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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 $0
Program Service Revenue $895,023
Investment Income $0
Other Revenue $0
TOTAL REVENUE $895,023

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $890,994
TOTAL EXPENSES $890,994

Year-over-Year Comparison

2024 2023 Change
Revenue $895,023 $581,250 +0.5%
Expenses $890,994 $631,905 +0.4%
Net Income $4,029 $-50,655 -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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Liquidity & Cash Position

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Governance

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

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
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TYLER SIDEN PRESIDENT 1.00
Officer Director
$0 $0 $0
JAKE WEISS VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
ADAM WEISENSEL TREASURER 1.00
Officer Director
$0 $0 $0
JARED KANIUK RISK MANAGER 1.00
Officer Director
$0 $0 $0
JESSE ETTMAN ACADEMIC CHAIR 1.00
Officer 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 $895,023 $890,994 $21,686 $4,029
2024 $581,250 $631,905 $17,657 $-50,655
2023 $674,863 $672,905 $145,776 $1,958
2022 $541,577 $539,776 $71,601 $1,801
2021 $560,000 $555,592 $69,408 $4,408
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