Triple-X Fraternity Of California Sequoia Chapter is located in Visalia, CA. The organization was established in 1956. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Triple-X Fraternity Of California Sequoia Chapter is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 08/2023, Triple-X Fraternity Of California Sequoia Chapter generated $76.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $66.0k during the year ending 08/2023. While expenses have increased by 7.6% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF CHARITY, BENEVOLENCE, EDUCATION AND SOCIAL CULTURE OF MEMBERS.
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION FURTHERS THE CAUSE OF OTHER CHARITABLE ORGANIZATIONS THROUGH DONATIONS.
STUDENT SCHOLARSHIPS ARE PROVIDED FOR SECONDARY EDUCATION
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Archie Zakarian Treasurer | 2 | $0 | |
Brian Poochigian Jr. Master | 2 | $0 | |
Mark Avedian Master | 2 | $0 | |
Richard Sheklian Correspond Sec | 2 | $0 | |
Gerard Garoian Recording Sec | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $5,336 |
| Investment income | $22,708 |
| Gain or Loss | $9 |
| Net Income from Gaming & Fundraising | $48,164 |
| Other Revenue | $0 |
| Total Revenue | $76,217 |
| 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 | $3,025 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $378 |
| Other expenses | $43,182 |
| Total expenses | $65,985 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $413,765 |
| Other assets | $0 |
| Total assets | $429,706 |
| Total liabilities | $5,238 |
| Net assets or fund balances | $424,468 |