BETA THETA PI FOUNDATION

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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

2008

Legal Domicile

Principal Officer

JEFF RUNDLE

Phone

5135237591

Tax Period

2024-06-01 to 2025-05-31

BETA THETA PI FOUNDATION, founded in 2008, is a community nonprofit in the Education sector that reported $9.4M in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.7M, a strong 29% operating margin.

Mission

THE PRINCIPAL PURPOSE OF THE ORGANIZATION, HEREINAFTER REFERRED TO AS THE FOUNDATION, SHALL BE TO FOSTER THE CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES OF BETA THETA PI.

Program Service Accomplishments

Program 1

Expenses: $2,556,724

THE ORGANIZATION PROVIDES EDUCATIONAL GRANTS TO ORGANIZATIONS THAT FURTHER THE FOUNDATION'S MISSION, AS WELL AS PROVIDE TUITION SCHOLARSHIPS TO INDIVIDUALS ATTENDING INSTITUTIONS OF HIGHER EDUCATION...

Program 2

Expenses: $237,183

TUITION SCHOLARSHIPS WERE AWARDED TO STUDENTS ATTENDING A NORTH AMERICAN COLLEGE OR UNIVERSITY.

Program 3

Expenses: $2,495,166

DESIGNATED EDUCATIONAL AREA GRANTS ARE AVAILABLE FROM RESTRICTED CHAPTER FUNDS AND CAN COVER THE COST OF CONSTRUCTION OR RENOVATION OF EDUCATIONAL AREAS IN THE CHAPTER HOUSE SUCH AS THE LIBRARY...

DESIGNATED EDUCATIONAL AREA GRANTS ARE AVAILABLE FROM RESTRICTED CHAPTER FUNDS AND CAN COVER THE COST OF CONSTRUCTION OR RENOVATION OF EDUCATIONAL AREAS IN THE CHAPTER HOUSE SUCH AS THE LIBRARY, STUDY ROOM, COMPUTER ROOM, AS WELL AS EDUCATIONAL FURNISHINGS, INCLUDING COMPUTER EQUIPMENT AND INTERNET ACCESS. OPERATIONAL GRANTS ARE ALSO AVAILABLE FROM RESTRICTED CHAPTER FUNDS IN SUBSEQUENT YEARS TO COVER THE EXPENSES RELATED TO OPERATING THESE EDUCATIONAL AREAS ANNUALLY

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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 (2024)

Revenue Breakdown

Contributions & Grants $7,883,583

Program Service Revenue $0

Investment Income $1,260,344

Other Revenue $279,541

TOTAL REVENUE $9,423,468

Expense Breakdown

Grants Paid $4,208,619

Salaries & Benefits $1,313,893

Fundraising Expenses $672,770

Program Expenses $5,289,073

Other Expenses $1,134,155

TOTAL EXPENSES $6,693,143

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,423,468	$7,229,366	+0.3%
Expenses	$6,693,143	$7,289,321	-0.1%
Net Income	$2,730,325	$-59,955	-46.5%

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

$712,050

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD W BANKS	CHAIRMAN	2.00	Officer Director	$0	$0	$0
RANDALL D GROVES	TREASURER	2.00	Officer Director	$0	$0	$0
STAVAN R BHATT	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL ALLEN BICKFORD	DIRECTOR	1.00	Director	$0	$0	$0
ARTHUR C CARMICHAEL JR	DIRECTOR	1.00	Director	$0	$0	$0
KARL CHIAO	DIRECTOR	1.00	Director	$0	$0	$0
JOHN CHISHOLM	DIRECTOR	1.00	Director	$0	$0	$0
JEFFREY M FLANAGAN	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT E GROTJAN	DIRECTOR	1.00	Director	$0	$0	$0
ZACHARY T HAINES	DIRECTOR	1.00	Director	$0	$0	$0
KENT R MIRE	DIRECTOR	1.00	Director	$0	$0	$0
MARTIN E OBST	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS C OLVER	DIRECTOR	1.00	Director	$0	$0	$0
R THOMAS REEVES	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD A SABOL	DIRECTOR	1.00	Director	$0	$0	$0
JOHN W TORGET	DIRECTOR	1.00	Director	$0	$0	$0
BRUCE J WENGER	DIRECTOR	1.00	Director	$0	$0	$0
AUSTIN MARPLE	CHIEF FINANCIAL OFFICER	10.00	Officer	$0	$7,481	$160,106
JEFF RUNDLE	CHIEF EXECUTIVE OFFICER	10.00	Officer	$0	$33,837	$338,289
PHIL FERNANDEZ	CHIEF FOUNDATION OFFICER	36.00	Officer	$0	$34,589	$213,655

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	$9,423,468	$6,693,143	$39,230,472	$2,730,325
2024	$7,229,366	$7,289,321	$35,744,331	$-59,955
2023	$7,425,223	$5,976,117	$33,457,442	$1,449,106
2022	$6,703,723	$4,934,892	$33,085,697	$1,768,831
2021	$5,014,796	$4,299,210	$34,060,012	$715,586
2020	$4,237,409	$4,365,411	$27,267,482	$-128,002
2019	$4,953,267	$6,387,143	$28,295,867	$-1,433,876