NATIONAL HONORARY BETA CLUB

EIN: 570314447 501(c)(3) Youth Development

SPARTANBURG, SC

Total Revenue
$12,852,921
Total Expenses
$10,401,295
Total Assets
$24,608,171
Net Assets
$23,157,528
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1936
Legal Domicile
SC
Principal Officer
BOBBY HART
Phone
8008458281
Tax Period
2023-07-01 to 2024-06-30

NATIONAL HONORARY BETA CLUB, founded in 1936, is a mid-sized nonprofit in the Youth Development sector that reported $12.9M in total revenue in fiscal year 2023. The organization ran a surplus of $2.5M, a strong 19% operating margin.

Mission

TO PROMOTE IDEALS OF CHARACTER, SERVICE, & LEADERSHIP AMONG ELEMENTARY & SECONDARY SCHOOL STUDENTS.TO REWARD MERITORIOUS ACHIEVEMENT, AND TO ENCOURAGE AND ASSIST STUDENTS IN CONTINUING THEIR EDUCATION AFTER HIGH SCHOOL.

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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 (2023)

Revenue Breakdown

Contributions & Grants $5,816
Program Service Revenue $10,196,030
Investment Income $622,363
Other Revenue $2,028,712
TOTAL REVENUE $12,852,921

Expense Breakdown

Grants Paid $316,500
Salaries & Benefits $3,076,355
Fundraising Expenses $0
Program Expenses $9,378,963
Other Expenses $7,008,440
TOTAL EXPENSES $10,401,295

Year-over-Year Comparison

2023 2022 Change
Revenue $12,852,921 $12,438,176 +0.0%
Expenses $10,401,295 $9,481,594 +0.1%
Net Income $2,451,626 $2,956,582 -0.2%
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
18
Independent Members
18
Employees
32
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
3
$404,099
Total Directors
18
$32,821
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MRS GWEN YOUNG DIRECTOR 0.50
Director
$2,062 $0 $2,062
MR TROY HICKEY DIRECTOR 0.50
Director
$1,424 $0 $1,424
MR DENNIS CAMPBELL DIRECTOR 0.50
Director
$1,873 $0 $1,873
DR H KENNETH DINKINS DIRECTOR 0.50
Director
$1,913 $0 $1,913
MR MARK CONLEY DIRECTOR 0.50
Director
$1,690 $0 $1,690
MR JERRY NEWTON DIRECTOR 0.50
Director
$2,203 $0 $2,203
MS DONNA WEAR DIRECTOR 0.50
Director
$2,095 $0 $2,095
MR ALLAN ATKISON DIRECTOR 0.50
Director
$0 $0 $0
DR KEITH LEGER DIRECTOR 0.50
Director
$2,332 $0 $2,332
MR CLARKE SCOTT DIRECTOR 0.50
Director
$4,060 $0 $4,060
DR MARK BAKER DIRECTOR 0.50
Director
$680 $0 $680
DR SABRINA RUNYON DIRECTOR 0.50
Director
$1,413 $0 $1,413
DR RITA CARTER DIRECTOR 0.50
Director
$2,425 $0 $2,425
DR ZEL THOMAS DIRECTOR 0.50
Director
$1,601 $0 $1,601
MRS NAN N VAN HOY DIRECTOR 0.50
Director
$1,669 $0 $1,669
MR MITCHELL PARHAM DIRECTOR 0.50
Director
$1,962 $0 $1,962
DR KYLE DARE DIRECTOR 0.50
Director
$1,733 $0 $1,733
MR DAVID MOORE DIRECTOR 0.50
Director
$1,686 $0 $1,686
JAMES MOORE CHIEF INFORMATION OFFICER 40.00
Officer
$111,606 $21,618 $133,224
MR BOBBY HART CHIEF EXECUTIVE OFFICER 40.00
Officer
$132,122 $23,590 $155,712
MR JOHN POSEY COMPTROLLER 40.00
Officer
$95,115 $20,048 $115,163
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 No data No data No data No data
2024 $12,852,921 $10,401,295 $24,608,171 $2,451,626
2023 $12,438,176 $9,481,594 $21,276,661 $2,956,582
2022 $7,178,910 $6,734,434 $16,976,895 $444,476
2021 $4,625,143 $4,358,097 $17,293,985 $267,046
2020 $7,003,613 $6,317,987 $15,102,419 $685,626
2019 $7,846,397 $6,843,998 $14,826,841 $1,002,399
2018 $8,208,841 $6,748,335 $13,327,937 $1,460,506
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