Zeta Phi Beta Sorority Inc is located in Greenwood, SC. 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 12/2021, Zeta Phi Beta Sorority Inc generated $12.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $8.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.0%) per year over the past 3 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE SCHOLARSHIPS TO STUDENTS AND CHARITABLY DONATIONS OF FOOD. CLOTHING, ANE ETC TO NEEDY FAMILIES AND INDIVIDUALS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Earlean Boles Basileus | 5 | $0 | |
Ella Hill Treasurer | 5 | $0 | |
Matte Robinson Secretary | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,039 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $12,039 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,568 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $75 |
| Occupancy, rent, utilities, and maintenance | $500 |
| Printing, publications, postage, and shipping | $290 |
| Other expenses | $6,074 |
| Total expenses | $8,507 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,233 |
| Other assets | $0 |
| Total assets | $13,233 |
| Total liabilities | $0 |
| Net assets or fund balances | $13,233 |