Zeta Phi Beta Sorority Inc is located in Houston, TX. 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 06/2023, Zeta Phi Beta Sorority Inc generated $76.3k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $83.3k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.3%) 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
CONTRIBUTION TO THE COMMUNITY SERVICE OF LAMBDA ZETA $19,451
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeneika Smith Boone President | 30 | $0 | |
Nicole Price 1st Vice President | 20 | $0 | |
Indriya Degadillo 2nd Vice President | 20 | $0 | |
Landria Davis 3rd Vice President | 20 | $0 | |
Rachel Ross Secretary | 10 | $0 | |
Erica Harris Financial Secretary | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,795 |
| Total Program Service Revenue | $6,831 |
| Membership dues | $61,932 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,334 |
| Other Revenue | $4,399 |
| Total Revenue | $76,293 |
| 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 | $2,145 |
| Occupancy, rent, utilities, and maintenance | $6,950 |
| Printing, publications, postage, and shipping | $2,908 |
| Other expenses | $28,369 |
| Total expenses | $83,347 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $94,283 |
| Other assets | $0 |
| Total assets | $94,283 |
| Total liabilities | $0 |
| Net assets or fund balances | $94,283 |