GAMMA UPSILON ZETA HOUSE CORPORATION

EIN: 566062590 Education

BEAUFORT, NC

Total Revenue
$311,391
Total Expenses
$368,036
Total Assets
$4,409,286
Net Assets
$944,657
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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
2013
Legal Domicile
NC
Principal Officer
JERRY LASSITER
Phone
9194149923
Tax Period
2025-01-01 to 2025-12-31

GAMMA UPSILON ZETA HOUSE CORPORATION, founded in 2013, is a small nonprofit in the Education sector that reported $311K in total revenue in fiscal year 2025. Expenses of $368K exceeded revenue, resulting in a 18% operating deficit.

Mission

SUPPORT NCSU CHAPTER AND MAINTAIN THE HOUSE FOR ACTIVE BROTHERS

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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 (2025)

Revenue Breakdown

Contributions & Grants $93
Program Service Revenue $0
Investment Income $5,242
Other Revenue $306,056
TOTAL REVENUE $311,391

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $368,036
TOTAL EXPENSES $368,036

Year-over-Year Comparison

2025 2024 Change
Revenue $311,391 $291,325 +0.1%
Expenses $368,036 $370,254 0.0%
Net Income $-56,645 $-78,929 -0.3%
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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JERRY LASSITER PRESIDENT 1.00
Officer
$0 $0 $0
WYATT BRANNAN V-P 1.00
Officer
$0 $0 $0
RICK BYNUM SECRETARY 1.00
Officer
$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 $311,391 $368,036 $4,409,286 $-56,645
2024 $291,325 $370,254 $4,571,416 $-78,929
2023 $288,538 $371,913 $4,704,838 $-83,375
2022 $311,878 $375,318 $4,913,282 $-63,440
2021 $210,750 $385,911 $5,090,375 $-175,161
2020 $234,140 $414,540 $5,330,186 $-180,400
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