Beta Omicron House Corporation Of Kappa Kappa Fraternity
EIN: 726021407 · New Orleans, LA
| Metric | Value |
|---|---|
| Total Revenue | $283K |
| Total Expenses | $176K |
| Net Assets | $731K |
Is Beta Omicron House Corporation Of Kappa Kappa Fraternity Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Beta Omicron House Corporation Of Kappa Kappa Fraternity
Beta Omicron House Corporation Of Kappa Kappa Fraternity (EIN: 726021407) is a nonprofit organization based in New Orleans, LA. The organization reported total revenue of $283K and total assets of $800K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Beta Omicron House Corporation Of Kappa Kappa Fraternity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Beta Omicron House Corporation Of Kappa Kappa Fraternity is a small nonprofit that has been operating for 54 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $253K |
| Total Expenses | $176K |
| Surplus / Deficit | +$77K |
| Total Assets | $732K |
| Total Liabilities | $600 |
| Net Assets | $731K |
| Operating Margin | 30.5% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 49.9 months |
Financial Health Grade: A
In 2024, Beta Omicron House Corporation Of Kappa Kappa Fraternity reported a surplus of $77K with revenue exceeding expenses, holds 49.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Beta Omicron House Corporation Of Kappa Kappa Fraternity's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +3.6% | -19.8% | +11.8% |
| 2023 | -13.1% | +19.3% | +4.0% |
| 2022 | +135.0% | +66.2% | +17.1% |
| 2021 | -41.8% | -31.1% | +1.0% |
| 2020 | -6.9% | +1.2% | +11.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1972 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Beta Omicron House Corporation Of Kappa Kappa Fraternity has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Beta Omicron House Corporation Of Kappa Kappa Fraternity with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $77K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Beta Omicron House Corporation Of Kappa Kappa Fraternity
Is Beta Omicron House Corporation Of Kappa Kappa Fraternity a legitimate charity?
Beta Omicron House Corporation Of Kappa Kappa Fraternity (EIN: 726021407) is a registered tax-exempt nonprofit based in Louisiana. It has 14 years of IRS 990 filings on record. Total revenue: $283K. No red flags identified. Financial health grade: A.
How does Beta Omicron House Corporation Of Kappa Kappa Fraternity spend its money?
Beta Omicron House Corporation Of Kappa Kappa Fraternity reported $283K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Beta Omicron House Corporation Of Kappa Kappa Fraternity tax-deductible?
Beta Omicron House Corporation Of Kappa Kappa Fraternity is registered as a tax-exempt nonprofit (EIN: 726021407). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Beta Omicron House Corporation Of Kappa Kappa Fraternity located?
Beta Omicron House Corporation Of Kappa Kappa Fraternity is headquartered in New Orleans, Louisiana and files with the IRS under EIN 726021407.
How many years of IRS 990 filings does Beta Omicron House Corporation Of Kappa Kappa Fraternity have?
Beta Omicron House Corporation Of Kappa Kappa Fraternity has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $283K in total revenue.
Filing History
IRS 990 filing history for Beta Omicron House Corporation Of Kappa Kappa Fraternity showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Beta Omicron House Corporation Of Kappa Kappa Fraternity's revenue has grown by 64.4%, moving from $154K to $253K. Total assets increased by 212.9% over the same period, from $234K to $732K. Total functional expenses fell by 12.8%, from $202K to $176K. In its most recent filing year (2024), Beta Omicron House Corporation Of Kappa Kappa Fraternity reported a surplus of $77K, with revenue exceeding expenses. The organization holds $600 in liabilities against $732K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $731K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $253K | $176K | $732K | $600 | — | — |
| 2023 | $245K | $220K | $654K | $601 | — | — |
| 2022 | $281K | $184K | $629K | $301 | — | View 990 |
| 2021 | $120K | $111K | $537K | $6K | — | — |
| 2020 | $206K | $161K | $532K | $10K | — | View 990 |
| 2019 | $221K | $159K | $478K | $900 | — | View 990 |
| 2018 | $187K | $154K | $415K | $1 | — | View 990 |
| 2017 | $219K | $160K | $382K | $1 | — | View 990 |
| 2016 | $237K | $193K | $324K | $0 | — | View 990 |
| 2015 | $199K | $184K | $291K | $0 | — | View 990 |
| 2014 | $190K | $161K | $276K | $0 | — | View 990 |
| 2013 | $136K | $116K | $246K | $0 | — | View 990 |
| 2012 | $167K | $175K | $226K | $0 | — | View 990 |
| 2011 | $154K | $202K | $234K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $253K, expenses of $176K, and assets of $732K (revenue +3.6% year-over-year).
- 2023: Revenue of $245K, expenses of $220K, and assets of $654K (revenue -13.1% year-over-year).
- 2022: Revenue of $281K, expenses of $184K, and assets of $629K (revenue +135.0% year-over-year).
- 2021: Revenue of $120K, expenses of $111K, and assets of $537K (revenue -41.8% year-over-year).
- 2020: Revenue of $206K, expenses of $161K, and assets of $532K (revenue -6.9% year-over-year).
- 2019: Revenue of $221K, expenses of $159K, and assets of $478K (revenue +17.9% year-over-year).
- 2018: Revenue of $187K, expenses of $154K, and assets of $415K (revenue -14.2% year-over-year).
- 2017: Revenue of $219K, expenses of $160K, and assets of $382K (revenue -7.6% year-over-year).
- 2016: Revenue of $237K, expenses of $193K, and assets of $324K (revenue +18.7% year-over-year).
- 2015: Revenue of $199K, expenses of $184K, and assets of $291K (revenue +4.7% year-over-year).
- 2014: Revenue of $190K, expenses of $161K, and assets of $276K (revenue +39.7% year-over-year).
- 2013: Revenue of $136K, expenses of $116K, and assets of $246K (revenue -18.6% year-over-year).
- 2012: Revenue of $167K, expenses of $175K, and assets of $226K (revenue +8.6% year-over-year).
- 2011: Revenue of $154K, expenses of $202K, and assets of $234K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Beta Omicron House Corporation Of Kappa Kappa Fraternity:
Data Sources and Methodology
This transparency report for Beta Omicron House Corporation Of Kappa Kappa Fraternity is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.