Theta Xi Fraternity is located in Tempe, AZ. The organization was established in 1940. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Theta Xi Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 08/2023, Theta Xi Fraternity generated $133.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $183.5k during the year ending 08/2023. While expenses have increased by 28.7% per year over the past 5 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 HOUSING, PHILANTHROPIC PROGRAMS AND SOCIAL PROGRAMS FOR THE LOCAL SOCIAL FRATERNITY MEMBERS - TOTAL OF 67 MEMBERS FOR THE YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Shane Aspera Membership E | 0 | $0 | |
Garrett Havens President | 0 | $0 | |
Ethan Cornwell Risk Managem | 0 | $0 | |
Peter Bezanis Scholarship | 0 | $0 | |
Derek Bushman Secretary | 0 | $0 | |
Ian Woisin Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $133,285 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $133,285 |
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 | $7,236 |
Occupancy, rent, utilities, and maintenance | $22,500 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $153,795 |
Total expenses | $183,531 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $8,987 |
Other assets | $0 |
Total assets | $8,987 |
Total liabilities | $0 |
Net assets or fund balances | $8,987 |