Zeta Phi Beta Sorority Inc
- Assets
- $52.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norfolk, VA
- Founding
- 01/1960
- Data as of
- 06/2024
- EIN
- 52-1345278
Organization Overview
Zeta Phi Beta Sorority Inc is located in Norfolk, VA. The organization was established in 1960. 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. Zeta 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 06/2024, Zeta Phi Beta Sorority Inc generated $31.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $38.7k during the year ending 06/2024. While expenses have increased by 11.5% per year over the past 8 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
2024
Describe the Organization's Program Activity:
Part 3
ISSUE SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Towanda Samuel President | 8 | $0 | |
Katrina Elliott 1st Vice President | 5 | $0 | |
Suzette Tatecreekmore Secretary | 4 | $0 | |
Sherri Clayborne Treasurer | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $300 |
| Total Program Service Revenue | $0 |
| Membership dues | $25,940 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,888 |
| Other Revenue | $0 |
| Total Revenue | $31,128 |
| 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 | $38,741 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $38,741 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,868 |
| Other assets | $0 |
| Total assets | $52,868 |
| Total liabilities | $0 |
| Net assets or fund balances | $52,868 |