Gamma Phi Beta Sorority
- Assets
- $25.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waltham, MA
- Founding
- 02/1959
- Data as of
- 07/2023
- EIN
- 04-3131363
Organization Overview
Gamma Phi Beta Sorority is located in Waltham, MA. The organization was established in 1959. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Gamma Phi Beta Sorority is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 07/2023, Gamma Phi Beta Sorority generated $54.9k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $50.4k during the year ending 07/2023. While expenses have increased by 11.6% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDED MEALS, HOUSING AND SOCIAL PROGRAMS FOR THE LOCAL SOCIAL FRATERNITY MEMBERS - TOTAL OF 71 MEMBERS FOR THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Pratt President | 0 | $0 | |
Caitlyn Budinich Administrati | 0 | $0 | |
Ellie Macmillan Education VP | 0 | $0 | |
Kayla Andrade Financial VP | 0 | $0 | |
Astrid Von Seufert Membership V | 0 | $0 | |
Lauren Sloane Panhellenic | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $54,901 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $54,901 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $50,419 |
| Total expenses | $50,419 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,078 |
| Other assets | $0 |
| Total assets | $25,078 |
| Total liabilities | $0 |
| Net assets or fund balances | $25,078 |