Delta Tau Delta Fraternity Gamma Mu Chapter
Nonprofit profile at a glance
- EIN
- 910197750
- IRS 990 coverage
- 2016–2017
- Forms available
- Form 990 2017, Form 990-N 2016
- Location
- Seattle, WA, USA
- Phone
- 2063556485
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Student Sororities, Fraternities
Reported finances
- Revenue
- $755,417
- Expenses
- $737,544
- Assets
- $94,819
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Charles Hale (President)
- Dominik Gorecki (Vice President)
People named in this filing
- Triston Ingold (Treasurer)
- Charles Hale (President)
- Kenneth Perincheril (Secretary)
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 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We provide housing, food services, social and educational activities for college undergraduate students. Our academic values and expectations at Delta Tau Delta are amongst the highest in the Greek System. We take pride in having one of the highest GPAs of the 29 fraternities at the University of Washington (UW) and continually challenge our members to achieve high GPAs. Equipped with a newly renovated study room and an online database to review past exams and study files, we truly put academics at the very forefront of our fraternal experience. In addition to our academic priority we firmly believe that athletic competition and community involvement is a key to being successful at the University of Washington. We participate in a variety of sports offered by the UW, and we are involved in many sorority philanthropies. Being part of a fraternity means brotherhood. There is nowhere else at the University of Washington where you will have the same opportunities to make so many close frie
What it reported doing in 2017
We the brothers of Delta Tau Delta take pride in 100 years of brotherhood on the UW campus. As Delts, we stand for diversity. Academically, our International Fraternity boasts the highest GPA of all fraternal organizations. Philanthropically, we have donated over 1.6 million over the past 28 years to Fred Hutchinson Cancer Research. Socially, we keep ourselves busy with exchanges, parties, and a variety of dances. Our house is indicative of our motto: "Committed to the Lives of Excellence." The Delt Shelter provides an atmosphere in which our brothers are able to achieve academic excellence, and still have plenty of time to unwind and take part in our always full social calendar. We are committed to giving each of our incoming brothers the foundation to live Lives of Excellence.
Operating model
- Revenue model
- Earned-program. 100% 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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 90
- Accountability: 64
- Sustainability: 44
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.6%; rating input score 98
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd 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: 2.4%; rating input score 45; 45th percentile among comparable filings
- Total-asset coverage ratio: 0.13; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 94; 94th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 84; 84th percentile among comparable filings
Growth
- Program expense growth: 200% per year; rating input score 100; 100th percentile among comparable filings
- Revenue growth: 21.1% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: 63.2% per year; rating input score 100; 98th percentile among comparable filings
Details
- Where the money goes: 97.6% of revenue deployed · 100% of spending went to programs
- Governance: 9 of 9 board members independent · 1 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $738K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 16 of 16 current checks pass
- Schedules: 1 filed schedules
- Filing history: 2 filing years from 2016 to 2017
- 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 — Sustainability: Total-asset coverage ratio scored 6/100.
- Moderate — Sustainability: Operating margin scored 45/100.