Gamma Phi Beta Sorority Inc
- Assets
- $22.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kennesaw, GA
- Founding
- 11/1940
- Data as of
- 07/2023
- EIN
- 26-2606514
Organization Overview
Gamma Phi Beta Sorority Inc is located in Kennesaw, GA. The organization was established in 1940. 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 Inc 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 Inc generated $88.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $121.6k during the year ending 07/2023. As we would expect to see with falling revenues, expenses have declined by (10.4%) per year over the past 6 years. 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
PROVIDE LEADERSHIP DEVELOPMENT AND SOCIAL PROGRAMMING TO THE LOCAL MEMBERS OF A NATIONAL COLLEGIATE SOCIAL SORORITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Phan Administrati | 0 | $0 | |
Lizbeth Acevedo-Montoya Asst Admin V | 0 | $0 | |
Sarina Amar Education VP | 0 | $0 | |
Cassidy Martin Financial VP | 0 | $0 | |
Kara Fleury Membership V | 0 | $0 | |
Emily Gold Panhellenic | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $87,560 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,330 |
| Other Revenue | $0 |
| Total Revenue | $88,890 |
| 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 | $121,649 |
| Total expenses | $121,649 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,884 |
| Other assets | $0 |
| Total assets | $22,884 |
| Total liabilities | $0 |
| Net assets or fund balances | $22,884 |