Zeta Beta Tau Fraternity
EIN: 42242419 · Brookline, MA
| Metric | Value |
|---|---|
| Total Revenue | $377K |
| Total Expenses | $414K |
| Net Assets | $96K |
Is Zeta Beta Tau Fraternity Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Zeta Beta Tau Fraternity
Zeta Beta Tau Fraternity (EIN: 42242419) is a nonprofit organization based in Brookline, MA. The organization reported total revenue of $377K and total assets of $50K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Zeta Beta Tau Fraternity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Zeta Beta Tau Fraternity is a small nonprofit that has been operating for 59 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $396K |
| Total Expenses | $414K |
| Surplus / Deficit | $-17,263 |
| Total Assets | $96K |
| Net Assets | $96K |
| Operating Margin | -4.4% |
| Months of Reserves | 2.8 months |
Financial Health Grade: C
In 2023, Zeta Beta Tau Fraternity reported a deficit of $17K with expenses exceeding revenue, holds 2.8 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2011–2023), Zeta Beta Tau Fraternity's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.6% | +13.6% | -15.3% |
| 2022 | +192.1% | +202.3% | -4.6% |
| 2021 | -67.1% | -67.4% | +56.0% |
| 2020 | -24.1% | -26.5% | -4.0% |
| 2019 | +46.9% | +28.2% | +108.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1967 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Zeta Beta Tau 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 Zeta Beta Tau 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $17K, with expenses exceeding revenue.
Frequently Asked Questions about Zeta Beta Tau Fraternity
Is Zeta Beta Tau Fraternity a legitimate charity?
Zeta Beta Tau Fraternity (EIN: 42242419) is a registered tax-exempt nonprofit based in Massachusetts. It has 12 years of IRS 990 filings on record. Total revenue: $377K. No red flags identified. Financial health grade: C.
How does Zeta Beta Tau Fraternity spend its money?
Zeta Beta Tau Fraternity reported $377K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Zeta Beta Tau Fraternity tax-deductible?
Zeta Beta Tau Fraternity is registered as a tax-exempt nonprofit (EIN: 42242419). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Zeta Beta Tau Fraternity located?
Zeta Beta Tau Fraternity is headquartered in Brookline, Massachusetts and files with the IRS under EIN 42242419.
How many years of IRS 990 filings does Zeta Beta Tau Fraternity have?
Zeta Beta Tau Fraternity has 12 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 $377K in total revenue.
Filing History
IRS 990 filing history for Zeta Beta Tau Fraternity showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Zeta Beta Tau Fraternity's revenue has grown by 16.4%, moving from $341K to $396K. Total assets increased by 180.5% over the same period, from $34K to $96K. Total functional expenses rose by 23.1%, from $336K to $414K. In its most recent filing year (2023), Zeta Beta Tau Fraternity reported a deficit of $17K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $396K | $414K | $96K | $0 | — | View 990 |
| 2022 | $352K | $364K | $113K | $0 | — | View 990 |
| 2021 | $121K | $121K | $119K | $0 | — | View 990 |
| 2020 | $366K | $369K | $76K | $0 | — | View 990 |
| 2019 | $482K | $502K | $79K | $0 | — | View 990 |
| 2018 | $328K | $392K | $38K | $0 | — | View 990 |
| 2016 | $450K | $373K | $102K | $0 | — | View 990 |
| 2015 | $352K | $352K | $39K | $0 | — | View 990 |
| 2014 | $310K | $304K | $67K | $0 | — | View 990 |
| 2013 | $322K | $278K | $60K | $0 | — | View 990 |
| 2012 | $358K | $320K | $41K | $0 | — | View 990 |
| 2011 | $341K | $336K | $34K | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $396K, expenses of $414K, and assets of $96K (revenue +12.6% year-over-year).
- 2022: Revenue of $352K, expenses of $364K, and assets of $113K (revenue +192.1% year-over-year).
- 2021: Revenue of $121K, expenses of $121K, and assets of $119K (revenue -67.1% year-over-year).
- 2020: Revenue of $366K, expenses of $369K, and assets of $76K (revenue -24.1% year-over-year).
- 2019: Revenue of $482K, expenses of $502K, and assets of $79K (revenue +46.9% year-over-year).
- 2018: Revenue of $328K, expenses of $392K, and assets of $38K (revenue -27.1% year-over-year).
- 2016: Revenue of $450K, expenses of $373K, and assets of $102K (revenue +27.7% year-over-year).
- 2015: Revenue of $352K, expenses of $352K, and assets of $39K (revenue +13.6% year-over-year).
- 2014: Revenue of $310K, expenses of $304K, and assets of $67K (revenue -3.7% year-over-year).
- 2013: Revenue of $322K, expenses of $278K, and assets of $60K (revenue -10.0% year-over-year).
- 2012: Revenue of $358K, expenses of $320K, and assets of $41K (revenue +5.2% year-over-year).
- 2011: Revenue of $341K, expenses of $336K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Zeta Beta Tau Fraternity:
Data Sources and Methodology
This transparency report for Zeta Beta Tau 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.