Gamma Zeta Building Association

Nonprofit profile at a glance

EIN
866053994
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
Tucson, AZ, USA
Phone
5206954286
Rating
48
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$360,874
Expenses
$12,729
Assets
$6,653,380
Liabilities
$984,829

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • LEAH EVANS (PRESIDENT)
  • KERSTIN HARPER (VICE-PRESIDENT)

People named in this filing

  • DIANE DIAMOND (CHAPTER TREASURER)
  • LEAH EVANS (PRESIDENT)
  • KATHRYN PRIDEAUX (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The object of this corporation is to acquire real, personal and mixed property and to hold such property in trust for the use and benefit of gamma zeta chapter of kappa kappa gamma fraternity: to sell, convey, and encumber said property, and to build, equip, and maintain the said property.to further the educational, cultural, ethical, and social needs of the members of gamma zeta at the university of Arizona, to further the propagation of the deals of kappa kappa gamma among such members, to encourage the continued association of the members and alumnae of gamma zeta chapter, and to thereby encourage the culture, education, social intercourse and frequent assemblages fo the members for the corporation.

What it reported doing in 2024

The organization provides housing and boarding to the kappa kappa gamma sorority at the university of Arizona, tucson, az. Services are provided to a maximum of 97 residents per semester.

Operating model

Revenue model
Other-operating. 95% of the money available for current operations came from other operating revenue.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 90
  • Accountability: 70
  • Sustainability: 87
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th 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: 2 of 7 controls in place; rating input score 29
    • 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: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 96.5%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 522.69; rating input score 100; 100th percentile among comparable filings
  • Liabilities to assets ratio: 0.15; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 6.3% per year; rating input score 100; 59th percentile among comparable filings
  • Asset growth: 6.1% per year; rating input score 100; 52nd percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 4 of 4 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Highest-paid contractors: 1 contractor listed · $594K reported
  • Consistency: 14 of 14 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 12 filing years from 2013 to 2024
  • 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Accountability: Governance controls: 4 of 6 not reported.
  • High — Sustainability: Liabilities to assets ratio scored 23/100.