Overview
What is Beta Gamma Sigma Inc?
Beta Gamma Sigma Inc is a distinguished international honor society, headquartered in Saint Louis, Missouri, with a mailing address at 2029 Woodland Parkway Suite 130. This nonprofit organization has an impressive membership base of over 900,000 individuals, spanning across 617 chapters worldwide. The primary mission of Beta Gamma Sigma Inc is to recognize and honor academic achievements in the field of business, stimulate professional excellence, and support its members. By offering international and lifetime recognition to 21,048 outstanding members, the society celebrates and encourages academic success. The organization's mission also involves advancing the values of the society and serving its lifelong members. With a relatively small workforce of 11 employees, Beta Gamma Sigma Inc continues to make significant strides in promoting academic achievements and fostering professional growth in the realm of business studies.
Official website here: www.betagammasigma.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Beta Gamma Sigma Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of transparency and accountability. The organization shows a strong commitment to financial oversight, as evidenced by its independent board structure and adherence to various governance policies. The score reflects a good balance between accountability and community engagement, with scores of 81% in Accountability & Finance and 85% in Culture & Community.
One of the notable strengths of Beta Gamma Sigma is its fully independent board, which enhances its governance and decision-making processes. The charity has also demonstrated effective financial practices, with no material diversion of assets reported and a favorable liabilities-to-assets ratio. Furthermore, the implementation of equity practices indicates a proactive approach to inclusivity and fairness within the organization.
However, the program expense ratio at 58.20% suggests that there may be room for improvement in allocating funds directly to programs. While the organization has a solid foundation in governance and community engagement, potential donors might want to consider the effectiveness of program delivery and impact when evaluating their support for Beta Gamma Sigma.
This AI summary has been generated from information found on Charity Navigator.
Is Beta Gamma Sigma Inc legitimate?
Beta Gamma Sigma Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beta Gamma Sigma Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $163,535
Professional Fundraising Fees: $0
Other Salaries and Wages: $476,414
For more financial information, click here
Official website here: www.betagammasigma.org
What is the mission statement of Beta Gamma Sigma Inc?
Beta Gamma Sigma Inc's mission is centered around honoring academic achievement in the field of business, promoting professional excellence, and serving its members. The international honor society aims to encourage academic performance among its over 900,000 members from 617 chapters. It recognizes outstanding business students, faculty members, and businesspeople to inspire further improvement. The society also cultivates and celebrates leadership and professional excellence, upholding its values and serving its lifelong members. It is committed to advancing its mission by encouraging academic recognition and improving academic performance within its community.
Official website here: www.betagammasigma.org
Who is the CEO of Beta Gamma Sigma Inc?
Christina Allrich is the Immediate Past Board Chair of Beta Gamma Sigma Inc.
Official website here: www.betagammasigma.org
What is the revenue of Beta Gamma Sigma Inc?
Beta Gamma Sigma Inc's revenue in 2022 was $2,194,158.
Official website here: www.betagammasigma.org
Who are the executives of Beta Gamma Sigma Inc and what are their salaries?
The average compensation at Beta Gamma Sigma Inc during 2022 was $58,177. There are 11 employees and 1662 volunteers at Beta Gamma Sigma Inc.
Here are 17 key members and their salaries:
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- Compensation: $132,547
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- Other: $16,499
Official website here: www.betagammasigma.org
Where can I find the form 990 for Beta Gamma Sigma Inc?
Beta Gamma Sigma Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.betagammasigma.org
Learn more at the official website: www.betagammasigma.org
Mission Statement of Beta Gamma Sigma Inc
Beta Gamma Sigma Inc, an international honor society, is committed to recognizing academic excellence in the field of business. Its mission is threefold: firstly, it aims to encourage and honor academic achievement among students, faculty members, and business professionals. By doing so, it seeks to stimulate and enhance academic performance among its over 900,000 members spread across 617 chapters worldwide. Secondly, Beta Gamma Sigma Inc is dedicated to fostering and celebrating leadership and professional excellence. This involves promoting the values of the society and serving its lifelong members. Lastly, the organization strives to advance its mission through the recognition of outstanding business students, faculty members, and businesspeople with a total of 21,048 individuals receiving international and lifetime recognition. In essence, Beta Gamma Sigma Inc is an organization that honors academic achievement, cultivates professional excellence, and serves its members, thereby contributing to the broader business community.
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Impact
July, 2024
Beta Gamma Sigma Inc's impact lies in its dedication to honoring academic achievement, cultivating professional excellence, and serving its members. By recognizing outstanding business students, faculty members, and business professionals, the organization encourages and improves academic performance among its vast membership base of over 900,000 individuals across 617 chapters. With 21,048 members receiving international and lifetime recognition, Beta Gamma Sigma is playing a significant role in promoting excellence in business education and fostering a community of high-achieving professionals. Through its mission to celebrate leadership, professional excellence, and values, Beta Gamma Sigma is making a lasting impact on the academic and professional development of its members.
This information is meant to be a general summary of Beta Gamma Sigma Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $186,717
- Program Service Revenue: $71,618
- Gross Receipts: $2,323,331
Assets and Liabilities:
- Total Assets: $4,230,139
- Total Liabilities: $261,819
- Net Assets: $3,968,320
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTNERSHIPS/AFFILIATIONS
Revenue
$38,218
STUDENT FORUMS
Revenue
$30,850
PUBLICATION REVENUE
Revenue
$2,550
Organization Details
Founding Year
1982
Phone
(314) 432-5650Principal Officer
Christina Allrich
Main Address
2029 WOODLAND PARKWAY SUITE 130, SAINT LOUIS, MO, 63146
Website
www.betagammasigma.orgNTEE Category
Code: B83Z - Education
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