THE BETA CORPORATION INC

EIN: 630694784

AUBURN, AL

Total Revenue
$-179,832
Total Expenses
N/A
Total Assets
N/A
Net Assets
N/A
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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1962
Legal Domicile
AL
Principal Officer
MIKE WALDROP
Phone
3348211329
Tax Period
2020-09-01 to 2021-08-31

THE BETA CORPORATION INC, founded in 1962, is a micro nonprofit that reported $12K in total revenue in fiscal year 2017.

Mission

THE CORPORATION IS RESPONSIBLE FOR MAKING THE NOTE PAYMENTS AND PROVIDING ROUTINE MAINTENANCE FOR THE FRATERNITY HOUSE OF DELTA ZETA CHAPTER OF BETA THETA PI FRATERNITY (A SOCIAL FRATERNITY).

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $-122,581
Other Revenue $-57,251
TOTAL REVENUE $-179,832

Expense Breakdown

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

Year-over-Year Comparison

2020 2019 Change
Revenue $-179,832 $-85,953 +1.1%
Expenses N/A N/A N/A
Net Income N/A $-85,953 N/A
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
6
Independent Members
6
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
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE WALDROP TREASURER 1.00
Officer Director
$0 $0 $0
CHARLES EVERS DIRECTOR 1.00
Director
$0 $0 $0
DONALD KELLY DIRECTOR 1.00
Director
$0 $0 $0
SIMON YENDLE PRESIDENT 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
2021 $-179,832 No data No data No data
2020 $-85,953 No data $626,495 No data
2019 $-16,792 No data $650,759 No data
2018 $-12,376 No data $704,537 No data
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