Gamma Phi Beta Sorority Inc
Gamma Phi Beta Sorority Inc shows consistent asset growth and no reported liabilities, with zero officer compensation.
EIN: 201554454 · Columbia, SC · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $436K |
| Total Expenses | $312K |
| Program Spending | 80% |
| Net Assets | $278K |
| Transparency Score | 75/100 |
Is Gamma Phi Beta Sorority Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gamma Phi Beta Sorority Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gamma Phi Beta Sorority Inc
Gamma Phi Beta Sorority Inc (EIN: 201554454) is a nonprofit organization based in Columbia, SC. The organization reported total revenue of $436K and total assets of $367K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gamma Phi Beta Sorority Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gamma Phi Beta Sorority Inc is a small nonprofit that has been operating for 67 years, with 13 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $391K |
| Total Expenses | $312K |
| Surplus / Deficit | +$80K |
| Total Assets | $278K |
| Net Assets | $278K |
| Operating Margin | 20.4% |
| Months of Reserves | 10.7 months |
Financial Health Grade: A
In 2024, Gamma Phi Beta Sorority Inc reported a surplus of $80K with revenue exceeding expenses, holds 10.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2024), Gamma Phi Beta Sorority Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +21.3% | +4.6% | +40.1% |
| 2023 | +8.1% | -2.2% | +14.1% |
| 2022 | +7.7% | +43.8% | -3.6% |
| 2021 | +2.6% | -17.5% | +56.2% |
| 2020 | -0.8% | +1.9% | +30.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1959 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gamma Phi Beta Sorority Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Gamma Phi Beta Sorority Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $80K, with revenue exceeding expenses.
Executive Compensation Analysis
No officer compensation has been reported across all available filings, suggesting that executive leadership may be volunteer-based or compensated through non-officer roles, which is a positive for minimizing overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Gamma Phi Beta Sorority Inc's IRS 990 filings:
- Lack of detailed expense breakdown in summary data limits full spending efficiency analysis
- NTEE Code is unknown, which can make it harder to benchmark against similar organizations
Strengths
The following positive indicators were identified for Gamma Phi Beta Sorority Inc:
- Consistent asset growth from $88,959 in 201907 to $278,446 in 202407
- Zero reported liabilities in recent periods (202407-202007) indicates strong financial health
- No officer compensation reported across all filings, suggesting low overhead for leadership
- Revenues consistently exceeding expenses in most recent periods, indicating sustainable operations
- Long history of IRS 990 filings (13 filings) demonstrates commitment to regulatory compliance
Frequently Asked Questions about Gamma Phi Beta Sorority Inc
Is Gamma Phi Beta Sorority Inc a legitimate charity?
Gamma Phi Beta Sorority Inc (EIN: 201554454) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $436K. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Gamma Phi Beta Sorority Inc spend its money?
Gamma Phi Beta Sorority Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Gamma Phi Beta Sorority Inc tax-deductible?
Gamma Phi Beta Sorority Inc is registered as a tax-exempt nonprofit (EIN: 201554454). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Gamma Phi Beta Sorority Inc's spending goes to programs?
Gamma Phi Beta Sorority Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Gamma Phi Beta Sorority Inc located?
Gamma Phi Beta Sorority Inc is headquartered in Columbia, South Carolina and files with the IRS under EIN 201554454.
How many years of IRS 990 filings does Gamma Phi Beta Sorority Inc have?
Gamma Phi Beta Sorority Inc has 13 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 $436K in total revenue.
What are the specific program activities funded by Gamma Phi Beta Sorority Inc?
The provided data does not detail specific program activities. Further investigation into their full IRS 990 forms or organizational website would be necessary to understand their programmatic spending.
How does Gamma Phi Beta Sorority Inc manage to have zero liabilities in recent years?
The consistent reporting of $0 liabilities in recent filings (202407-202007) suggests strong cash flow management and an operational model that avoids debt, possibly by funding activities directly from revenue or reserves.
What is the breakdown of expenses beyond total expenses, specifically for program, administrative, and fundraising costs?
The summary data only provides total expenses. A detailed breakdown of program, administrative, and fundraising expenses would require reviewing the full IRS 990 forms, which provide Schedule G and other relevant sections.
Filing History
IRS 990 filing history for Gamma Phi Beta Sorority Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2024), Gamma Phi Beta Sorority Inc's revenue has grown by 103.9%, moving from $192K to $391K. Total assets increased by 451.6% over the same period, from $50K to $278K. Total functional expenses rose by 66.9%, from $187K to $312K. In its most recent filing year (2024), Gamma Phi Beta Sorority Inc reported a surplus of $80K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $391K | $312K | $278K | $0 | — | — |
| 2023 | $322K | $298K | $199K | $0 | — | View 990 |
| 2022 | $298K | $305K | $174K | $0 | — | View 990 |
| 2021 | $277K | $212K | $181K | $0 | — | View 990 |
| 2020 | $270K | $257K | $116K | $0 | — | View 990 |
| 2019 | $272K | $252K | $89K | $750 | — | — |
| 2018 | $305K | $277K | $140K | $750 | — | View 990 |
| 2017 | $285K | $300K | $112K | $750 | — | View 990 |
| 2015 | $426K | $368K | $91K | $750 | — | View 990 |
| 2014 | $454K | $453K | $141K | $89K | — | View 990 |
| 2013 | $392K | $416K | $117K | $65K | — | View 990 |
| 2012 | $280K | $204K | $172K | $97K | — | View 990 |
| 2011 | $192K | $187K | $50K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $391K, expenses of $312K, and assets of $278K (revenue +21.3% year-over-year).
- 2023: Revenue of $322K, expenses of $298K, and assets of $199K (revenue +8.1% year-over-year).
- 2022: Revenue of $298K, expenses of $305K, and assets of $174K (revenue +7.7% year-over-year).
- 2021: Revenue of $277K, expenses of $212K, and assets of $181K (revenue +2.6% year-over-year).
- 2020: Revenue of $270K, expenses of $257K, and assets of $116K (revenue -0.8% year-over-year).
- 2019: Revenue of $272K, expenses of $252K, and assets of $89K (revenue -10.8% year-over-year).
- 2018: Revenue of $305K, expenses of $277K, and assets of $140K (revenue +6.9% year-over-year).
- 2017: Revenue of $285K, expenses of $300K, and assets of $112K (revenue -33.0% year-over-year).
- 2015: Revenue of $426K, expenses of $368K, and assets of $91K (revenue -6.2% year-over-year).
- 2014: Revenue of $454K, expenses of $453K, and assets of $141K (revenue +15.8% year-over-year).
- 2013: Revenue of $392K, expenses of $416K, and assets of $117K (revenue +40.1% year-over-year).
- 2012: Revenue of $280K, expenses of $204K, and assets of $172K (revenue +45.8% year-over-year).
- 2011: Revenue of $192K, expenses of $187K, and assets of $50K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gamma Phi Beta Sorority Inc:
Data Sources and Methodology
This transparency report for Gamma Phi Beta Sorority Inc 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.