Gamma Phi Beta Sorority Inc
EIN: 421070639 · Cedar Falls, IA
| Metric | Value |
|---|---|
| Total Revenue | $40K |
| Total Expenses | $56K |
| Net Assets | $96K |
Is Gamma Phi Beta Sorority Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gamma Phi Beta Sorority Inc
Gamma Phi Beta Sorority Inc (EIN: 421070639) is a nonprofit organization based in Cedar Falls, IA. The organization reported total revenue of $40K and total assets of $96K 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 micro nonprofit that has been operating for 86 years, with 11 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -1.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $40K |
| Total Expenses | $56K |
| Surplus / Deficit | $-15,967 |
| Total Assets | $96K |
| Net Assets | $96K |
| Operating Margin | -39.6% |
| Months of Reserves | 20.5 months |
Financial Health Grade: B
In 2022, Gamma Phi Beta Sorority Inc reported a deficit of $16K with expenses exceeding revenue, holds 20.5 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2022), Gamma Phi Beta Sorority Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -45.9% | +14.5% | -10.4% |
| 2020 | +44.5% | -26.3% | +40.3% |
| 2019 | +3.1% | +21.1% | -16.6% |
| 2018 | -12.9% | +18.0% | -9.1% |
| 2017 | -0.1% | +8.1% | +11.9% |
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 Analysis Pending
AI enrichment for Gamma Phi Beta Sorority Inc 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 Gamma Phi Beta Sorority Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
Frequently Asked Questions about Gamma Phi Beta Sorority Inc
Is Gamma Phi Beta Sorority Inc a legitimate charity?
Gamma Phi Beta Sorority Inc (EIN: 421070639) is a registered tax-exempt nonprofit based in Iowa. It has 11 years of IRS 990 filings on record. Total revenue: $40K. No red flags identified. Financial health grade: B.
How does Gamma Phi Beta Sorority Inc spend its money?
Gamma Phi Beta Sorority Inc reported $40K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Gamma Phi Beta Sorority Inc tax-deductible?
Gamma Phi Beta Sorority Inc is registered as a tax-exempt nonprofit (EIN: 421070639). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gamma Phi Beta Sorority Inc located?
Gamma Phi Beta Sorority Inc is headquartered in Cedar Falls, Iowa and files with the IRS under EIN 421070639.
How many years of IRS 990 filings does Gamma Phi Beta Sorority Inc have?
Gamma Phi Beta Sorority Inc has 11 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 $40K in total revenue.
Filing History
IRS 990 filing history for Gamma Phi Beta Sorority Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2022), Gamma Phi Beta Sorority Inc's revenue has declined by 17%, moving from $49K to $40K. Total assets increased by 113.4% over the same period, from $45K to $96K. Total functional expenses rose by 48.6%, from $38K to $56K. In its most recent filing year (2022), Gamma Phi Beta Sorority Inc reported a deficit of $16K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $40K | $56K | $96K | $0 | — | — |
| 2020 | $75K | $49K | $107K | $5K | — | View 990 |
| 2019 | $52K | $67K | $76K | $0 | — | View 990 |
| 2018 | $50K | $55K | $92K | $0 | — | View 990 |
| 2017 | $57K | $47K | $101K | $4K | — | View 990 |
| 2016 | $58K | $43K | $90K | $4K | — | View 990 |
| 2015 | $56K | $51K | $75K | $4K | — | View 990 |
| 2014 | $57K | $47K | $69K | $3K | — | View 990 |
| 2013 | $52K | $45K | $61K | $4K | — | View 990 |
| 2012 | $55K | $45K | $55K | $4K | — | View 990 |
| 2011 | $49K | $38K | $45K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $40K, expenses of $56K, and assets of $96K (revenue -45.9% year-over-year).
- 2020: Revenue of $75K, expenses of $49K, and assets of $107K (revenue +44.5% year-over-year).
- 2019: Revenue of $52K, expenses of $67K, and assets of $76K (revenue +3.1% year-over-year).
- 2018: Revenue of $50K, expenses of $55K, and assets of $92K (revenue -12.9% year-over-year).
- 2017: Revenue of $57K, expenses of $47K, and assets of $101K (revenue -0.1% year-over-year).
- 2016: Revenue of $58K, expenses of $43K, and assets of $90K (revenue +2.9% year-over-year).
- 2015: Revenue of $56K, expenses of $51K, and assets of $75K (revenue -1.7% year-over-year).
- 2014: Revenue of $57K, expenses of $47K, and assets of $69K (revenue +9.6% year-over-year).
- 2013: Revenue of $52K, expenses of $45K, and assets of $61K (revenue -5.4% year-over-year).
- 2012: Revenue of $55K, expenses of $45K, and assets of $55K (revenue +12.9% year-over-year).
- 2011: Revenue of $49K, expenses of $38K, and assets of $45K.
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.