Beta Theta Pi Fraternity Gamma Xi … - Form 990 Financial Data

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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

1930

Legal Domicile

Principal Officer

Devin Boden

Tax Period

2023-07-01 to 2024-06-30

Beta Theta Pi Fraternity Gamma Xi Chapter, founded in 1930, is a small nonprofit that reported $442K in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $417K left a modest 6% surplus.

Mission

Our mission is to develop Men of Principle for a Principled Life. We strive to make perfect.

Program Service Accomplishments

Program 1

The fraternity chapter provides fraternal, recreational, and social activities to its members.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $442,036

Investment Income $1

Other Revenue $0

TOTAL REVENUE $442,037

Expense Breakdown

Grants Paid $28,722

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $387,851

TOTAL EXPENSES $416,573

Year-over-Year Comparison

	2023	2022	Change
Revenue	$442,037	$648,484	-0.3%
Expenses	$416,573	$640,839	-0.3%
Net Income	$25,464	$7,645	+2.3%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Paul Kolsun	Executive VP	1.00	Officer Director	$0	$0	$0
Alan Hodzic	Social Chairman	1.00	Officer Director	$0	$0	$0
Spencer Petermann	Social Chairman	1.00	Officer Director	$0	$0	$0
Andrew Mcledon	Executive VP	1.00	Officer Director	$0	$0	$0
Colin McDermott	Administrative VP	1.00	Officer Director	$0	$0	$0
Collin Lee	Social Chairman	1.00	Officer Director	$0	$0	$0
Julien Wakim	Executive VP	1.00	Officer Director	$0	$0	$0
Sam Hall	Administrative VP	1.00	Officer Director	$0	$0	$0
Devin Boden	President	1.00	Officer Director	$0	$0	$0
Luke Greisen	Treasurer	1.00	Officer Director	$0	$0	$0
Dylan Quilty	Treasurer	1.00	Officer Director	$0	$0	$0
Noah Teichner	Administrative VP	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	No data	No data	No data	No data
2024	$442,037	$416,573	$37,449	$25,464
2023	$648,484	$640,839	$18,025	$7,645
2022	$366,099	$356,914	$10,380	$9,185
2021	$182,701	$189,530	$1,195	$-6,829
2020	$319,991	$320,081	$8,024	$-90
2020	$319,991	$320,081	$8,024	$-90
2019	$269,396	$262,334	$8,114	$7,062

Beta Theta Pi Fraternity Gamma Xi Chapter