Zeta Psi Fraternity Of North America
Zeta Psi Fraternity: Declining Revenue and Assets Raise Concerns
EIN: 221439332 · New Brunswick, NJ · Updated: 2026-04-04
Is Zeta Psi Fraternity Of North America Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Zeta Psi Fraternity Of North America directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Zeta Psi Fraternity Of North America
Zeta Psi Fraternity Of North America (EIN: 221439332) is a nonprofit organization based in New Brunswick, NJ. The organization reported total revenue of $218K and total assets of $34K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Zeta Psi Fraternity Of North America's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Zeta Psi Fraternity Of North America with a Mission Score of 65 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Zeta Psi Fraternity Of North America allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation details are not explicitly provided in the summary data, making a specific assessment difficult without further investigation into Form 990 filings.
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 Zeta Psi Fraternity Of North America's IRS 990 filings:
- Total revenue has declined significantly from $271,609 in 2018 to $218,330 in 2024.
- Total assets have seen a sharp decrease from $378,099 in 2017 to $34,151 in 2024.
- Expenses consistently exceed revenue in recent years, leading to a depletion of assets.
Strengths
The following positive indicators were identified for Zeta Psi Fraternity Of North America:
- Long-standing organization with a history of operations.
- Consistent filing of financial reports, indicating compliance with basic transparency requirements.
Frequently Asked Questions about Zeta Psi Fraternity Of North America
Is Zeta Psi Fraternity Of North America a legitimate charity?
Based on AI analysis of IRS 990 filings, Zeta Psi Fraternity Of North America (EIN: 221439332) some concerns. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
How does Zeta Psi Fraternity Of North America spend its money?
Zeta Psi Fraternity Of North America directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Zeta Psi Fraternity Of North America tax-deductible?
Zeta Psi Fraternity Of North America is registered as a tax-exempt nonprofit (EIN: 221439332). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Zeta Psi Fraternity Of North America do?
Zeta Psi Fraternity Of North America is a nonprofit organization in the Unknown sector, located in New Brunswick, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Zeta Psi Fraternity Of North America have?
Zeta Psi Fraternity Of North America reported total revenue of $218,330. Based on 13 IRS 990 filings on record.
What are Zeta Psi Fraternity Of North America's total assets?
Zeta Psi Fraternity Of North America holds total assets of $34,151 as reported in IRS 990 filings.
Where is Zeta Psi Fraternity Of North America located?
Zeta Psi Fraternity Of North America is based in New Brunswick, New Jersey.
What is Zeta Psi Fraternity Of North America's EIN?
Zeta Psi Fraternity Of North America's Employer Identification Number (EIN) is 221439332. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Zeta Psi Fraternity Of North America?
Zeta Psi Fraternity Of North America is classified under NTEE code Unknown (Unknown).
Is Zeta Psi Fraternity Of North America a registered 501(c)(3)?
Zeta Psi Fraternity Of North America appears in IRS records (EIN: 221439332). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Zeta Psi Fraternity Of North America file IRS Form 990?
Yes, Zeta Psi Fraternity Of North America has 13 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Zeta Psi Fraternity Of North America's revenue in 2024?
In the 202406 filing period, Zeta Psi Fraternity Of North America reported total revenue of $218,330, total expenses of $236,389, and net assets of $34,151.
Is Zeta Psi Fraternity Of North America's revenue growing or declining?
Zeta Psi Fraternity Of North America's revenue is growing. Revenue went from $161,240 (202306) to $218,330 (202406), a +35.4% change. Based on 13 filings on record.
What is Zeta Psi Fraternity Of North America's most recent 990 filing?
The most recent IRS Form 990 filing for Zeta Psi Fraternity Of North America covers tax period 202406. It shows revenue of $218,330, expenses of $236,389, total assets of $34,151, and liabilities of $112,778.
How much does Zeta Psi Fraternity Of North America spend on programs vs administration?
Based on IRS 990 analysis, Zeta Psi Fraternity Of North America allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Zeta Psi Fraternity Of North America a trustworthy charity?
Based on AI analysis of IRS 990 data, Zeta Psi Fraternity Of North America shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Zeta Psi Fraternity Of North America?
The following concerns were identified: Total revenue has declined significantly from $271,609 in 2018 to $218,330 in 2024.. Total assets have seen a sharp decrease from $378,099 in 2017 to $34,151 in 2024.. Expenses consistently exceed revenue in recent years, leading to a depletion of assets.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Zeta Psi Fraternity Of North America's strengths?
Positive indicators for Zeta Psi Fraternity Of North America include: Long-standing organization with a history of operations.. Consistent filing of financial reports, indicating compliance with basic transparency requirements.. These findings are derived from AI analysis of the organization's financial filings.
How does Zeta Psi Fraternity Of North America compensate executives?
Executive compensation details are not explicitly provided in the summary data, making a specific assessment difficult without further investigation into Form 990 filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What is driving the consistent decline in assets and revenue for Zeta Psi Fraternity?
The data shows a consistent trend of expenses exceeding revenue, for example, in 2024, revenue was $218,330 while expenses were $236,389. This ongoing deficit spending is the primary driver of the asset depletion.
How does the organization plan to address the significant decrease in its asset base?
Without additional narrative or strategic plans from the organization, it's unclear how they intend to reverse the trend of declining assets, which have fallen from $378,099 in 2017 to $34,151 in 2024.
Filing History
IRS 990 filing history for Zeta Psi Fraternity Of North America showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Zeta Psi Fraternity Of North America's revenue has declined by 22.1%, moving from $280K to $218K. Total assets decreased by 94% over the same period, from $566K to $34K. Total functional expenses fell by 17.2%, from $285K to $236K. In its most recent filing year (2024), Zeta Psi Fraternity Of North America reported a deficit of $18K, with expenses exceeding revenue. The organization holds $113K in liabilities against $34K in assets (debt-to-asset ratio: 330.2%), resulting in net assets of $-78,627.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $218K | $236K | $34K | $113K | — | — |
| 2023 | $161K | $174K | $58K | $119K | — | View 990 |
| 2022 | $169K | $196K | $81K | $129K | — | View 990 |
| 2021 | $148K | $215K | $120K | $141K | — | View 990 |
| 2020 | $148K | $211K | $189K | $143K | — | View 990 |
| 2019 | $222K | $271K | $270K | $161K | — | View 990 |
| 2018 | $272K | $303K | $329K | $180K | — | View 990 |
| 2017 | $165K | $244K | $378K | $198K | — | View 990 |
| 2016 | $344K | $241K | $475K | $215K | — | View 990 |
| 2015 | $186K | $202K | $388K | $232K | — | View 990 |
| 2014 | $204K | $247K | $410K | $236K | — | View 990 |
| 2013 | $148K | $235K | $468K | $252K | — | View 990 |
| 2012 | $280K | $285K | $566K | $275K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $218K, expenses of $236K, and assets of $34K (revenue +35.4% year-over-year).
- 2023: Revenue of $161K, expenses of $174K, and assets of $58K (revenue -4.7% year-over-year).
- 2022: Revenue of $169K, expenses of $196K, and assets of $81K (revenue +14.3% year-over-year).
- 2021: Revenue of $148K, expenses of $215K, and assets of $120K (revenue -0.1% year-over-year).
- 2020: Revenue of $148K, expenses of $211K, and assets of $189K (revenue -33.2% year-over-year).
- 2019: Revenue of $222K, expenses of $271K, and assets of $270K (revenue -18.3% year-over-year).
- 2018: Revenue of $272K, expenses of $303K, and assets of $329K (revenue +64.9% year-over-year).
- 2017: Revenue of $165K, expenses of $244K, and assets of $378K (revenue -52.1% year-over-year).
- 2016: Revenue of $344K, expenses of $241K, and assets of $475K (revenue +85.4% year-over-year).
- 2015: Revenue of $186K, expenses of $202K, and assets of $388K (revenue -9.0% year-over-year).
- 2014: Revenue of $204K, expenses of $247K, and assets of $410K (revenue +37.8% year-over-year).
- 2013: Revenue of $148K, expenses of $235K, and assets of $468K (revenue -47.2% year-over-year).
- 2012: Revenue of $280K, expenses of $285K, and assets of $566K.
Data Sources and Methodology
This transparency report for Zeta Psi Fraternity Of North America 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.