Sigma Chi Fraternity Beta Kappa Chapter

EIN: 736100261

Norman, OK

Total Revenue
$1,044,409
Total Expenses
$1,191,823
Total Assets
$2,005,911
Net Assets
$1,383,649
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1912
Legal Domicile
OK
Phone
4053649134
Tax Period
2024-08-01 to 2025-07-31

Sigma Chi Fraternity Beta Kappa Chapter, founded in 1912, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $1.2M exceeded revenue, resulting in a 14% operating deficit.

Mission

To develop value-based leaders who are committed to the betterment of their character, campus and communities.

Program Service Accomplishments

Program 1

Thirty percent of the Beta Kappa of Sigma Chi students earned a 3.5 or above grade point average this school year. The men of Beta Kappa of Sigma Chi actively participate in the Derby Day online...

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Thirty percent of the Beta Kappa of Sigma Chi students earned a 3.5 or above grade point average this school year. The men of Beta Kappa of Sigma Chi actively participate in the Derby Day online challenge to raise funds for research at the Huntsman Cancer Institute. Average new members per year approximates 60 men; with significant improvement in occupancy filling the chapter house.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,033,324
Program Service Revenue $0
Investment Income $9,224
Other Revenue $1,861
TOTAL REVENUE $1,044,409

Expense Breakdown

Grants Paid $164,400
Salaries & Benefits $65,898
Fundraising Expenses $0
Other Expenses $961,525
TOTAL EXPENSES $1,191,823

Year-over-Year Comparison

2024 2023 Change
Revenue $1,044,409 $1,279,512 -0.2%
Expenses $1,191,823 $824,323 +0.4%
Net Income $-147,414 $455,189 -1.3%
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

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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
1
Volunteers
50

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
$24,000
Total Directors
9
$24,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Austin Bond President 1.00
Officer
$0 $0 $0
Mark Welch Treasurer 25.00
Officer
$24,000 $0 $24,000
Lawson Vogel Vice President 1.00
Officer
$0 $0 $0
Dathan Shades Operations Manager 20.00
Director
$24,000 $0 $24,000
Ryan McAdams Secretary 3.00
Officer
$0 $0 $0
Jason Dixon Board Member 2.00
Director
$0 $0 $0
John Coffee Board Member 2.00
Director
$0 $0 $0
Matt Bretz Board Member 2.00
Director
$0 $0 $0
Patrick Wandres Board Member 2.00
Director
$0 $0 $0
Austin Lancaster Board Member 2.00
Director
$0 $0 $0
Adam Robinson Board Member 2.00
Director
$0 $0 $0
Garnett Haubelt Ex Officio 2.00
Director
$0 $0 $0
Matt Montgomery Ex Officio 2.00
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 $1,044,409 $1,191,823 $2,005,911 $-147,414
2024 $1,279,512 $824,323 $1,946,668 $455,189
2023 $921,025 $699,130 $2,017,437 $221,895
2022 $789,659 $626,193 $1,721,748 $163,466
2021 $572,045 $599,559 $1,627,553 $-27,514
2020 $629,644 $532,291 $1,374,910 $97,353
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