Beta Eta Lambda Scholarship Foundat
Nonprofit profile at a glance
- EIN
- 731546511
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Oklahoma City, OK, USA
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $76,025
- Expenses
- $70,737
- Assets
- $157,797
- Liabilities
- $26,500
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
People named in this filing
- JODIE MACK (BOARD CHAIRMAN)
- WARREN PETE (VICE CHAIRMAN)
- GERALD HENDERSON (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Scholarships and mentoring
What it reported doing in 2024
The foundation mentors 40 middle schools students at 2 different middle schools weekly. Check on grades and outside professionals talk about jobs
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filed totals do not add up and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 100
- Sustainability: 50
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.4%; rating input score 74
- Program expense ratio: 80%; rating input score 80
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 7%; rating input score 58; 58th percentile among comparable filings
- Total-asset coverage ratio: 2.23; rating input score 68; 68th percentile among comparable filings
- Liabilities to assets ratio: 0.17; rating input score 15; 15th percentile among comparable filings
- Officer compensation ratio: 15.1%; rating input score 9; 9th percentile among comparable filings
Growth
- Program expense growth: 8% per year; rating input score 100; 68th percentile among comparable filings
- Revenue growth: -11.8% per year; rating input score 0; 22nd percentile among comparable filings
- Asset growth: -11.7% per year; rating input score 0; 15th percentile among comparable filings
Details
- Where the money goes: 74.4% of revenue deployed · 80% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $57K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 6 of 7 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Operating margin scored 58/100.
- High — Sustainability: Officer compensation ratio scored 9/100.
- High — Sustainability: Liabilities to assets ratio scored 15/100.