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National Honorary Beta Club

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 570314447 ✦ Spartanburg, SC ✦ Designated as a 501(c)(3)

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Overview

What is National Honorary Beta Club?

The National Honorary Beta Club is a nonprofit organization located at 151 Beta Club Way, Spartanburg, SC, 29306, dedicated to inspiring character, service, and leadership in elementary and secondary school students. With a team of 32 employees, this organization aims to recognize meritorious academic achievement and encourage students to continue their education post-high school. Annual conventions held in 18 states offer opportunities for members to interact, exchange project ideas, and showcase their accomplishments. By fostering these ideals, the National Honorary Beta Club empowers students to reach their full potential and make a positive impact in their communities.


Official website here: www.betaclub.org

What are the reviews and ratings of this charity?

88% rating from Charity Navigator indicates that the National Honorary Beta Club has a solid performance in both accountability and finance, earning it a Three-Star out of Four Star rating. The organization demonstrates strong governance with a fully independent board and effective financial oversight, reflected in its high scores for material diversion of assets and program expense ratio.

Strengths of the organization include a well-structured board and a significant focus on utilizing funds for its programs, as evidenced by the program expense ratio of over 90%. However, some areas of concern are noted, such as the absence of a whistleblower policy, document retention and destruction guidelines, and the posting of tax forms on its website. These gaps could affect transparency and the overall governance framework.

User feedback from Great Nonprofits shows a mixed sentiment, with one volunteer giving a rating of 3. This highlights a recognition of the organization's appreciation for donor contributions, albeit the review does not provide extensive insights into overall volunteer experiences or program impact. Overall, while the organization has commendable financial practices, addressing its governance shortcomings could enhance its reputation and efficacy.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is National Honorary Beta Club legitimate?

National Honorary Beta Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Honorary Beta Club 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: $391,443
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,766,207

For more financial information, click here


Official website here: www.betaclub.org

What is the mission statement of National Honorary Beta Club?

The National Honorary Beta Club is dedicated to instilling values of character, service, and leadership among elementary and secondary school students. By recognizing meritorious academic achievement, the organization encourages students to pursue their education beyond high school. Through conventions, members have the opportunity to engage, exchange project ideas, and showcase their academic and leadership abilities. The Beta Club currently holds annual conventions in 18 states.


Official website here: www.betaclub.org

Who is the CEO of National Honorary Beta Club?

Bobby Hart is the Director of National Honorary Beta Club. The CEO's salary of National Honorary Beta Club is $122,662 and their total compensation is $144,032.


Official website here: www.betaclub.org

What is the revenue of National Honorary Beta Club?

National Honorary Beta Club's revenue in 2023 was $12,438,176.


Official website here: www.betaclub.org

Who are the executives of National Honorary Beta Club and what are their salaries?

The average compensation at National Honorary Beta Club during 2023 was $67,427. There are 32 employees at National Honorary Beta Club.


Here are 21 key members and their salaries (National Honorary Beta Club's CEO's salary is $122,662 and their total compensation is $144,032):


Ms Gwen Young (Director)
  • Compensation: $1,748
  • Related: $0
  • Other: $0
Mr Stanton L Long (Director)
  • Compensation: $1,452
  • Related: $0
  • Other: $0
Mr Dennis Campbell (Director)
  • Compensation: $1,541
  • Related: $0
  • Other: $0
Dr H Kenneth Dinkins (Director)
  • Compensation: $1,322
  • Related: $0
  • Other: $0
Mr Mark Conley (Director)
  • Compensation: $1,425
  • Related: $0
  • Other: $0
Mr Jerry Newton (Director)
  • Compensation: $2,149
  • Related: $0
  • Other: $0
Ms Donna Wear (Director)
  • Compensation: $1,449
  • Related: $0
  • Other: $0
Mr Troy Hickey (Director)
  • Compensation: $2,606
  • Related: $0
  • Other: $0
Dr Keith Leger (Director)
  • Compensation: $1,725
  • Related: $0
  • Other: $0
Mr Clarke Scott (Director)
  • Compensation: $1,870
  • Related: $0
  • Other: $0
Dr Mark Baker (Director)
  • Compensation: $448
  • Related: $0
  • Other: $0
Dr Sabrina Runyon (Director)
  • Compensation: $1,525
  • Related: $0
  • Other: $0
Dr Rita Carter (Director)
  • Compensation: $1,926
  • Related: $0
  • Other: $0
Dr Zel Thomas (Director)
  • Compensation: $1,260
  • Related: $0
  • Other: $0
Mrs Nan N Van Hoy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Mitchell Parham (Director)
  • Compensation: $1,487
  • Related: $0
  • Other: $0
Dr Kyle Dare (Director)
  • Compensation: $1,256
  • Related: $0
  • Other: $0
Mr David Moore (Director)
  • Compensation: $1,182
  • Related: $0
  • Other: $0
James Moore (Chief Information Officer)
  • Compensation: $98,453
  • Related: $0
  • Other: $19,054
Mr Bobby Hart (Chief Executive Officer)
  • Compensation: $122,662
  • Related: $0
  • Other: $21,370
Mr John Posey (Comptroller)
  • Compensation: $80,496
  • Related: $0
  • Other: $17,307


Official website here: www.betaclub.org

Where can I find the form 990 for National Honorary Beta Club?

National Honorary Beta Club's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.betaclub.org

Learn more at the official website: www.betaclub.org

Mission Statement of National Honorary Beta Club

The National Honorary Beta Club is a renowned organization dedicated to fostering character, service, and leadership among elementary and secondary school students. By recognizing and rewarding meritious academic achievement, this prestigious club encourages students to persist in their educational pursuits beyond high school.

Throughout the year, members of the National Honorary Beta Club have the opportunity to connect, exchange project ideas, and display their academic and leadership capabilities during conventions. The organization currently holds annual conventions in eighteen states, providing a platform for students to showcase their accomplishments and learn from one another.

In essence, the National Honorary Beta Club's mission is to inspire and motivate students to reach their full potential by promoting virtues of character, engaging in community service, and cultivating leadership skills. By doing so, the organization seeks to prepare the next generation of talented and dedicated individuals, who will contribute positively to their communities and the world beyond.

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Impact




October, 2024

The National Honorary Beta Club significantly impacts the personal and academic growth of elementary and secondary school students by promoting the ideals of character, service, and leadership. By recognizing meritorious achievement, it encourages students to strive for excellence while fostering an environment that values academic success and moral integrity.

Through annual conventions held across 18 states, members have the opportunity to interact with peers, share project ideas, and showcase their leadership capabilities. These experiences not only enhance their educational journeys but also inspire a commitment to service and community involvement. By motivating students to continue their education after high school, the Beta Club plays a crucial role in shaping future leaders who are equipped to contribute positively to society.




This information is meant to be a general summary of National Honorary Beta Club. 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.

Revenue
$12,438,176 (2023)
Expenses
$9,481,594 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $357,918
  • Program Service Revenue: $10,310,127
  • Gross Receipts: $19,893,677

Assets and Liabilities:

  • Total Assets: $21,276,661
  • Total Liabilities: $1,588,648
  • Net Assets: $19,688,013

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP FEES

Revenue

$5,835,304

CONVENTIONS

Revenue

$4,149,609

LEADERSHIP ACADEMY

Revenue

$325,214

Organization Details

Founding Year

1936

Principal Officer

Bobby Hart

Main Address

151 BETA CLUB WAY, SPARTANBURG, SC, 29306

NTEE Category

Code: O50Z - Youth development

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