Beta Kappa House Corp of Kappa Delta

Nonprofit profile at a glance

EIN
208831019
IRS 990 coverage
2013–2015
Forms available
Form 990 2015
Location
Chattanooga, TN, USA
Rating
82
Verdict
STRONG
Rating confidence
Standard
Sector
Student Sororities, Fraternities

Reported finances

Revenue
$118,015
Expenses
$108,562
Assets
$753,443
Liabilities
$684,563

Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • AMANDA BURGESS (PRESIDENT)
  • HEATHER GRANTHAM (PRESIDENT)

People named in this filing

  • AMANDA BURGESS (PRESIDENT)
  • HEATHER GRANTHAM (PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide housing facilities for social and residential purposes of the members of the sorority, who include student members of the beta kappa chapter of kappa delta sorority attending the university of Tennessee at chattanooga and kappa delta alumnae.

What it reported doing in 2015

The organization furnishes and maintains living and meeting facilities for all members of the beta kappa chapter of the kappa delta sorority and provides one meal per week to residents during the fall and spring semesters.

Operating model

Revenue model
Earned-program. 64% of the money available for current operations came from fees and other program revenue.
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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 100
  • Accountability: 64
  • Sustainability: 64
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84.3%; rating input score 84
  • Program expense ratio: 91.7%; rating input score 92
  • Fundraising efficiency: $39.54 raised per $1 spent on fundraising; rating input score 76; 76th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 8%; rating input score 62; 62nd percentile among comparable filings
  • Total-asset coverage ratio: 6.94; rating input score 85; 85th percentile among comparable filings
  • Liabilities to assets ratio: 0.91; rating input score 8; 8th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 73; 73rd percentile among comparable filings

Growth

  • Program expense growth: -1.6% per year; rating input score 0; 36th percentile among comparable filings
  • Revenue growth: 18.8% per year; rating input score 100; 86th percentile among comparable filings
  • Asset growth: -1% per year; rating input score 0; 35th percentile among comparable filings

Details

  • Where the money goes: 84.3% of revenue deployed · 91.7% of spending went to programs
  • Governance: 1 of 1 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $99K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 17 of 17 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2013 to 2015
  • Contacts: How to reach this organization
  • 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.

  • High — Accountability: Governance controls: 5 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 8/100.