ZETA BETA TAU FOUNDATION INC

EIN: 800244485 501(c)(3) Education

CARMEL, IN

Total Revenue
$1,219,234
Total Expenses
$2,138,040
Total Assets
$12,438,619
Net Assets
$12,218,933
🔒

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
1950
Legal Domicile
IN
Principal Officer
JOHN STEMEN
Phone
3173341898
Tax Period
2024-01-01 to 2024-12-31

ZETA BETA TAU FOUNDATION INC, founded in 1950, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum. Expenses of $2.1M exceeded revenue, resulting in a 75% operating deficit.

Mission

THE ZETA BETA TAU FOUNDATION IS A NONPROFIT CORPORATION EXCLUSIVELY COMMITTED TO EDUCATIONAL AND CHARITABLE PURPOSES THAT ASSIST THE COLLEGIATE AND ALUMNI BROTHERS OF ZETA BETA TAU FRATERNITY THROUGH THE FUNDING OF SCHOLARSHIPS AND ACADEMIC AND LEADERSHIP PROGRAMS TO MAXIMIZE THEIR PERSONAL DEVELOPMENT AND PREPARE THEM TO BE LEADERS OF SOCIETY. THE FOUNDATION ALSO SUPPORTS PHILANTHROPIC INTERESTS VIA GRANTS TO OTHER CHARITABLE ORGANIZATIONS.THE SCHOLARSHIPS AND ACADEMIC AND LEADERSHIP PROGRAMS FUNDED BY THE FOUNDATION ENHANCE THE OVERALL VALUE OF BROTHERHOOD IN ZETA BETA TAU FRATERNITY BY COMPLEMENTING THE COLLEGIATE EDUCATIONAL EXPERIENCE.

🔒

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 $457,699
Program Service Revenue $0
Investment Income $716,617
Other Revenue $44,918
TOTAL REVENUE $1,219,234

Expense Breakdown

Grants Paid $743,645
Salaries & Benefits $835,066
Fundraising Expenses $439,233
Program Expenses $1,260,079
Other Expenses $559,329
TOTAL EXPENSES $2,138,040

Year-over-Year Comparison

2024 2023 Change
Revenue $1,219,234 $825,729 +0.5%
Expenses $2,138,040 $2,092,394 +0.0%
Net Income $-918,806 $-1,266,665 -0.3%
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
11
Independent Members
11
Employees
7
Volunteers
98

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
5
$162,589
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN D STEMEN ESQ CHIEF EXECUTIVE OFFICER 40.00
Officer
$152,631 $9,958 $162,589
SAMUEL LOCKE CHIEF DEVELOPMENT OFFICER 40.00
Highest
$142,732 $6,202 $148,934
BETH ASHER CHIEF OPERATING OFFICER 40.00
Highest
$122,123 $16,584 $138,707
AKIBA COVITZ EXEC DIRECTOR INTOLERANCE PROGRAM 40.00
Highest
$110,962 $0 $110,962
STEVEN D FELDMAN DIRECTOR 1.00
Director
$0 $0 $0
YOAAV S KRAUTHAMMER DIRECTOR 1.00
Director
$0 $0 $0
SIDNEY LANDMAN DIRECTOR 1.00
Director
$0 $0 $0
ADRIAN J OBLETON DIRECTOR 1.00
Director
$0 $0 $0
RONALD A PARDO DIRECTOR 1.00
Director
$0 $0 $0
MATTHEW J RUBINS DIRECTOR 1.00
Director
$0 $0 $0
TODD D SMITH DIRECTOR 1.00
Director
$0 $0 $0
JONATHAN D STINE DIRECTOR 1.00
Director
$0 $0 $0
STEVEN E GOLD IMMEDIATE PAST PRESIDENT 1.00
Director
$0 $0 $0
BRET W HRBEK PRESIDENT 1.00
Officer Director
$0 $0 $0
DEVON M SCHAD VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
E MARK FISHMAN SECRETARY 1.00
Officer Director
$0 $0 $0
BRETT A LEONE TREASURER 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
2024 $1,219,234 $2,138,040 $12,438,619 $-918,806
2023 $825,729 $2,092,394 $13,012,974 $-1,266,665
2022 $798,127 $1,635,172 $13,020,785 $-837,045
2021 $3,364,807 $1,367,419 $15,297,139 $1,997,388
2020 $1,719,568 $1,128,011 $13,899,171 $591,557
2019 $3,083,503 $1,061,010 $12,154,868 $2,022,493
Explore More Nonprofits
Top 100 Nonprofits in Indiana Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ZETA BETA TAU FOUNDATION INC with other nonprofits in Indiana and across the country.