THE TAU BETA PI ASSOCIATION INC

EIN: 620479545 501(c)(3) Education

Knoxville, TN

Total Revenue
$6,133,223
Total Expenses
$3,884,015
Total Assets
$51,265,470
Net Assets
$48,898,772
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1885
Legal Domicile
TN
Principal Officer
Curtis D Gomulinski
Phone
8655464578
Tax Period
2024-08-01 to 2025-07-31

THE TAU BETA PI ASSOCIATION INC, founded in 1885, is a community nonprofit in the Education sector that reported $6.1M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.2M, a strong 37% operating margin.

Mission

As the only academic honor society that confers recognition on eligible individuals from all engineering disciplines, Tau Beta Pi recognizes those who have conferred honor upon their Alma Maters by distinguished scholarship and exemplary character as students in engineering, or by their attainments as alumni in the field of engineering, provides leadership and professional development training for engineering students and alumni members, and promotes lifelong alumnus member involvement and cultivates a community of dedicated high achievers.

Program Service Accomplishments

Program 1
Expenses: $894,807 Revenue: $718,972

Awarded $10,000 fellowships to 30 students for a year of graduate study. Awarded 11 $1,000, and 241 $2,000, and 2 $3,000 scholarships to 254 engineering seniors. 6 college freshman received $1,500...

Read more

Awarded $10,000 fellowships to 30 students for a year of graduate study. Awarded 11 $1,000, and 241 $2,000, and 2 $3,000 scholarships to 254 engineering seniors. 6 college freshman received $1,500 for engineering study. $4,000 in scholarships were available to students selected by 8 chapters.

Program 2
Expenses: $471,161 Revenue: $103,004

Published a quarterly magazine with a circulation of over 80,000 for members. Features include news of the Association, chapters, and members and articles on engineering. Also published an online...

Read more

Published a quarterly magazine with a circulation of over 80,000 for members. Features include news of the Association, chapters, and members and articles on engineering. Also published an online newsletter on college activities and leadership information with a circulation of 11,000 engineering juniors and seniors.

Program 3
Expenses: $1,030,552 Revenue: $232,740

Convention, District, Engineering Futures, MindSET, Greater Interest in Government (GIG), Student Assistance Held national and regional meetings of its members where collegiate chapter officers...

Read more

Convention, District, Engineering Futures, MindSET, Greater Interest in Government (GIG), Student Assistance Held national and regional meetings of its members where collegiate chapter officers receive leadership training, professional development, and chapter operations training. Students receive training in possible service activities including tutoring students, counseling high-schoolers, training K-12 math and science students, and providing volunteers and funds to other charities.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,477,083
Program Service Revenue $580,662
Investment Income $3,126,920
Other Revenue $-51,442
TOTAL REVENUE $6,133,223

Expense Breakdown

Grants Paid $829,537
Salaries & Benefits $1,298,891
Fundraising Expenses $513,480
Program Expenses $3,229,793
Other Expenses $1,741,923
TOTAL EXPENSES $3,884,015

Year-over-Year Comparison

2024 2023 Change
Revenue $6,133,223 $5,002,078 +0.2%
Expenses $3,884,015 $3,829,514 +0.0%
Net Income $2,249,208 $1,172,564 +0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
17
Volunteers
140

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
4
$0
Total Directors
12
$156,826
Key Employees
1
$156,826
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Curtis Gomulinski Executive Director 45
Director Key Emp Highest
$140,286 $16,540 $156,826
Rachel Alexander Executive Councillor 5
Director
$0 $0 $0
Ron Hickling Executive Councillor, 2024 President 5
Director
$0 $0 $0
Marla Peterson Executive Councillor, 2025 President, 2024 Vice President 5
Officer Director
$0 $0 $0
Sue Holl Executive Councillor 5
Director
$0 $0 $0
Henry Houh Executive Councillor, 2024-2025 Secretary 5
Officer Director
$0 $0 $0
Michael Hand Executive Councillor 5
Director
$0 $0 $0
Colleen Hill-Stramsak Executive Councillor, 2025 Treasurer 5
Officer Director
$0 $0 $0
Ming De Lin Executive Councillor 5
Director
$0 $0 $0
Thomas Pinkham Executive Councillor, 2025 Vice President 5
Officer Director
$0 $0 $0
Joan Sciacca Executive Councillor 5
Director
$0 $0 $0
David Cowan Executive Councillor 5
Director
$0 $0 $0
N/A Trustee 0
$0 $0 $0
N/A Trustee 0
$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 $6,133,223 $3,884,015 $51,265,470 $2,249,208
2024 $5,002,078 $3,829,514 $45,879,819 $1,172,564
2023 $4,553,297 $3,755,609 $41,075,860 $797,688
2022 $6,015,594 $3,027,556 $37,917,187 $2,988,038
2021 $4,633,459 $2,725,638 $43,758,884 $1,907,821
Explore More Nonprofits
Top 100 Nonprofits in Tennessee Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare THE TAU BETA PI ASSOCIATION INC with other nonprofits in Tennessee and across the country.