Gamma Phi Beta Sorority Inc
Gamma Phi Beta Sorority Inc maintains stable finances with consistent revenue and decreasing liabilities, reporting no officer compensation.
EIN: 201695335 · Columbia, SC · NTEE: B83 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $704K |
| Total Expenses | $519K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $2.8 |
| Net Assets | $1.5M |
| 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 75% 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: 201695335) is a nonprofit organization based in Columbia, SC, classified under NTEE code B83. The organization reported total revenue of $704K and total assets of $2.8M 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 86 years, with 10 years of IRS 990 filings on record (2012–2021). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $704K |
| Total Expenses | $519K |
| Surplus / Deficit | +$185K |
| Total Assets | $2.8M |
| Total Liabilities | $1.3M |
| Net Assets | $1.5M |
| Operating Margin | 26.3% |
| Debt-to-Asset Ratio | 46.1% |
| Months of Reserves | 65.3 months |
Financial Health Grade: A
In 2021, Gamma Phi Beta Sorority Inc reported a surplus of $185K with revenue exceeding expenses, holds 65.3 months of operating reserves (strong position), has a debt-to-asset ratio of 46.1% (moderate leverage).
Financial Trends
Over 10 years of filings (2012–2021), Gamma Phi Beta Sorority Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -10.3% | -18.6% | +2.5% |
| 2020 | +1.1% | -14.3% | -2.2% |
| 2019 | +3.7% | +2.9% | -5.5% |
| 2018 | +0.7% | -0.5% | -5.6% |
| 2017 | +5.4% | +7.2% | -5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1940 |
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: 75%
- fundraising: 10%
According to IRS 990 filings, Gamma Phi Beta Sorority Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $185K, with revenue exceeding expenses.
- Debt-to-asset ratio: 46.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all ten filings, suggesting that executive leadership is entirely volunteer-based or compensated through an affiliated entity, which is unusual for an organization of this size with assets exceeding $2.8 million.
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 (program, admin, fundraising) in provided data
- Consistent 0% officer compensation for an organization with significant assets, which may obscure how leadership is supported or compensated if not purely volunteer.
Strengths
The following positive indicators were identified for Gamma Phi Beta Sorority Inc:
- Consistent revenue generation over a decade (e.g., $704,230 in 2021)
- Healthy asset base (e.g., $2,826,663 in 2021)
- Decreasing liabilities over recent years, indicating improved financial leverage (from $2,250,184 in 2016 to $1,303,515 in 2021)
- Expenses consistently below revenue in most years, leading to surpluses and asset growth (e.g., $704,230 revenue vs. $519,186 expenses in 2021)
- Consistent IRS 990 filing history demonstrating regulatory compliance
Frequently Asked Questions about Gamma Phi Beta Sorority Inc
Is Gamma Phi Beta Sorority Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gamma Phi Beta Sorority Inc (EIN: 201695335) some concerns. Mission Score: 75/100. 2 red flags identified, 5 strengths noted.
How does Gamma Phi Beta Sorority Inc spend its money?
Gamma Phi Beta Sorority Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Gamma Phi Beta Sorority Inc tax-deductible?
Gamma Phi Beta Sorority Inc is registered as a tax-exempt nonprofit (EIN: 201695335). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Gamma Phi Beta Sorority Inc CEO make?
Gamma Phi Beta Sorority Inc's highest-compensated officer earns $2.8 annually. The organization reported $704K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Gamma Phi Beta Sorority Inc's spending goes to programs?
Gamma Phi Beta Sorority Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Gamma Phi Beta Sorority Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Gamma Phi Beta Sorority Inc is above average for NTEE category B83 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
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 201695335. It is classified under NTEE code B83.
How many years of IRS 990 filings does Gamma Phi Beta Sorority Inc have?
Gamma Phi Beta Sorority Inc has 10 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 $704K in total revenue.
How does Gamma Phi Beta Sorority Inc manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership is either entirely volunteer-based or that compensation for executives is handled by a related entity, such as a national organization or foundation, and not directly reported on this specific EIN's 990 filings.
What is the primary source of Gamma Phi Beta Sorority Inc's revenue?
While the filings show total revenue, the specific breakdown of revenue sources (e.g., membership dues, donations, investment income) is not provided in the summary data. Further investigation into the full 990 forms would be needed to determine the primary sources.
Are the decreasing liabilities a positive indicator for the organization?
Yes, the general trend of decreasing liabilities from $2,250,184 in 2016 to $1,303,515 in 2021 is a positive indicator, suggesting improved financial health and reduced debt burden for the organization.
Filing History
IRS 990 filing history for Gamma Phi Beta Sorority Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2021), Gamma Phi Beta Sorority Inc's revenue has grown by 11.1%, moving from $634K to $704K. Total assets increased by 16.6% over the same period, from $2.4M to $2.8M. Total functional expenses fell by 6.4%, from $555K to $519K. In its most recent filing year (2021), Gamma Phi Beta Sorority Inc reported a surplus of $185K, with revenue exceeding expenses. The organization holds $1.3M in liabilities against $2.8M in assets (debt-to-asset ratio: 46.1%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $704K | $519K | $2.8M | $1.3M | — | — |
| 2020 | $785K | $638K | $2.8M | $1.4M | — | — |
| 2019 | $776K | $745K | $2.8M | $1.6M | — | View 990 |
| 2018 | $749K | $724K | $3.0M | $1.8M | — | View 990 |
| 2017 | $743K | $728K | $3.2M | $2.0M | — | View 990 |
| 2016 | $706K | $679K | $3.4M | $2.3M | — | View 990 |
| 2015 | $754K | $616K | $3.2M | $2.1M | — | View 990 |
| 2014 | $850K | $590K | $2.5M | $1.6M | — | View 990 |
| 2013 | $751K | $513K | $2.5M | $1.8M | — | View 990 |
| 2012 | $634K | $555K | $2.4M | $2.0M | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $704K, expenses of $519K, and assets of $2.8M (revenue -10.3% year-over-year).
- 2020: Revenue of $785K, expenses of $638K, and assets of $2.8M (revenue +1.1% year-over-year).
- 2019: Revenue of $776K, expenses of $745K, and assets of $2.8M (revenue +3.7% year-over-year).
- 2018: Revenue of $749K, expenses of $724K, and assets of $3.0M (revenue +0.7% year-over-year).
- 2017: Revenue of $743K, expenses of $728K, and assets of $3.2M (revenue +5.4% year-over-year).
- 2016: Revenue of $706K, expenses of $679K, and assets of $3.4M (revenue -6.4% year-over-year).
- 2015: Revenue of $754K, expenses of $616K, and assets of $3.2M (revenue -11.3% year-over-year).
- 2014: Revenue of $850K, expenses of $590K, and assets of $2.5M (revenue +13.2% year-over-year).
- 2013: Revenue of $751K, expenses of $513K, and assets of $2.5M (revenue +18.4% year-over-year).
- 2012: Revenue of $634K, expenses of $555K, and assets of $2.4M.
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.