Overview
What is Beta Upsilon Chi Foundation Inc?
Beta Upsilon Chi Foundation Inc, located in Fort Worth, Texas, is a nonprofit organization with a mission to foster brotherhood among college-aged men on university campuses. The primary goal of this foundation is to support the charitable, educational, and religious pursuits of Beta Upsilon Chi Fraternity Inc., encouraging unity based on a shared faith in Jesus Christ. With a small workforce of four individuals, the foundation raises funds and provides resources to aid in the fraternity's endeavors.
Official website here: www.betaupsilonchi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
Beta Upsilon Chi Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 93% in this category, the organization demonstrates excellent financial health, including an independent board composed entirely of independent members and robust oversight practices. The foundation's fiscal responsibility is highlighted by a low liabilities-to-assets ratio of 13.04% and a program expense ratio of 69.36%, indicating a strong commitment to its mission-driven activities.
The foundation also excels in cultural and community engagement, earning a perfect score of 100% in this area. Feedback collection and usage are excellently managed, showcasing the organization's dedication to incorporating stakeholder input into its operations and practices. This level of responsiveness enhances the foundation's reputation and effectiveness in serving its community.
While the data illustrates significant strengths, ongoing transparency and commitment to quality governance will be important as the organization continues to grow. Maintaining the high standards reflected in its current ratings will ensure that it remains a trusted resource for supporters and beneficiaries alike.
This AI summary has been generated from information found on Charity Navigator.
Is Beta Upsilon Chi Foundation Inc legitimate?
Beta Upsilon Chi Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beta Upsilon Chi Foundation 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: $215,069
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.betaupsilonchi.org
What is the mission statement of Beta Upsilon Chi Foundation Inc?
The Beta Upsilon Chi Foundation Inc's mission is centered around supporting the charitable, educational, and religious activities of Beta Upsilon Chi Fraternity Inc. The primary objective of the foundation is to foster brotherhood and unity among men, based on the shared bond of Jesus Christ. This is achieved through fundraising efforts and other means, contributing to the fraternity's endeavors. The foundation's activities aim to cultivate a strong Christian brotherhood among college-aged men on university campuses.
Official website here: www.betaupsilonchi.org
What is the revenue of Beta Upsilon Chi Foundation Inc?
Beta Upsilon Chi Foundation Inc's revenue in 2023 was $794,463.
Official website here: www.betaupsilonchi.org
Who are the executives of Beta Upsilon Chi Foundation Inc and what are their salaries?
The average compensation at Beta Upsilon Chi Foundation Inc during 2023 was $53,767. There are 4 employees and 125 volunteers at Beta Upsilon Chi Foundation Inc.
Here are 14 key members and their salaries:
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Official website here: www.betaupsilonchi.org
Where can I find the form 990 for Beta Upsilon Chi Foundation Inc?
Beta Upsilon Chi Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.betaupsilonchi.org
Learn more at the official website: www.betaupsilonchi.org
Mission Statement of Beta Upsilon Chi Foundation Inc
Beta Upsilon Chi Foundation Inc is established with the primary objective of raising funds and providing support for the charitable, educational, and religious activities of Beta Upsilon Chi Fraternity Inc. The foundation's mission is centered around strengthening the brotherhood and unity among men, based on their shared belief in Jesus Christ. By doing so, Beta Upsilon Chi Foundation Inc aims to foster a Christian brotherhood among college-aged men on university campuses. This mission is a testament to the foundation's commitment to promoting fellowship and unity among its members, while also supporting the charitable, educational, and religious endeavors of the fraternity.
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Impact
July, 2024
Beta Upsilon Chi Foundation Inc has a significant impact on the development of Christian brotherhood among college-age men on university campuses. Through fundraising and support, the foundation helps promote the values of brotherhood, unity, and faith based on the common bond of Jesus Christ within Beta Upsilon Chi Fraternity, Inc. This support contributes to creating a positive and supportive environment for young men to grow in their faith and establish strong relationships with their peers.
This information is meant to be a general summary of Beta Upsilon Chi Foundation 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 2023.
- Investment Income: $7,460
- Gross Receipts: $828,378
Assets and Liabilities:
- Total Assets: $790,640
- Total Liabilities: $68,305
- Net Assets: $722,335
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Organization Details
Founding Year
1985
Principal Officer
Jason Hoyt
Website
www.betaupsilonchi.orgNTEE Category
Code: B83 - Education
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