KANSAS BETA HOUSE ASSOCIATION INC

EIN: 480929323

MANHATTAN, KS

Total Revenue
$753,611
Total Expenses
$670,723
Total Assets
$3,271,106
Net Assets
$2,593,290
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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
1915
Legal Domicile
KS
Principal Officer
STEVE LACY
Phone
7852632171
Tax Period
2024-07-01 to 2025-06-30

KANSAS BETA HOUSE ASSOCIATION INC, founded in 1915, is a small nonprofit that reported $754K in total revenue in fiscal year 2024. Expenses of $671K left a modest 11% surplus.

Mission

PROVIDE HOUSING CONDUCIVE TO THE EDUCATIONAL AND RECREATIONAL NEEDS OF THE STUDENT CHAPTER.

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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 $10,035
Program Service Revenue $742,354
Investment Income $1,222
Other Revenue $0
TOTAL REVENUE $753,611

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $670,723
TOTAL EXPENSES $670,723

Year-over-Year Comparison

2024 2023 Change
Revenue $753,611 $766,521 0.0%
Expenses $670,723 $715,498 -0.1%
Net Income $82,888 $51,023 +0.6%
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

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Governance

Voting Members
2
Independent Members
2
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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RANDY GASSMAN TREASURER 2.00
Officer Director
$0 $0 $0
STEVE LACY PRESIDENT 4.00
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 $753,611 $670,723 $3,271,106 $82,888
2024 $766,521 $715,498 $3,188,218 $51,023
2023 $716,953 $611,578 $3,137,195 $105,375
2022 $695,644 $544,023 $3,031,820 $151,621
2021 $675,102 $525,761 $2,880,199 $149,341
2020 $603,264 $409,987 $2,730,858 $193,277
2019 $613,299 $493,611 $2,537,581 $119,688
2018 $590,619 $458,543 $2,417,893 $132,076
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