Tau Epsilon Phi Fraternity

Nonprofit profile at a glance

EIN
131368460
IRS 990 coverage
2015–2024
Forms available
Form 990 2024
Location
Troy, NY, USA
Phone
5185052010
Rating confidence
Limited

Reported finances

Revenue
$683,693
Expenses
$582,024
Assets
$695,787
Liabilities
$43,794

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

Leadership & pay

13 people listed

Executive titles in this filing

  • JR BENNING (CONSUL / PRESIDENT)
  • MARK GARDNER (1ST VICE CONSUL / VICE PRESIDENT)
  • JOEL KANTER (2ND VICE CONSUL / VICE PRESIDENT)
  • DONALD ANSPAUCH (IMMEDIATE PAST CONSUL / PAST PRESIDENT)
  • TIMOTHY SMITH (EXECUTIVE DIRECTOR)

Highest reported compensation

  • TIMOTHY SMITH (EXECUTIVE DIRECTOR): $100,422 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

See schedule oto teach young men that there is more to be gained out of life by serving others. To provide the forum through fraternity for our ambitions to be heard and practiced. To give to others without selfish thought of gain or personal advancement. To create a better society where men have learned to value others as they value themselves. To have a membership who respect one another and the organization for which they all stand.

What it reported doing in 2024

Chapter services: annually, dedicated staff meet with each chapter either in person or virtually to provide consulting services on a variety of fraternal topics. These topics include assessing national fraternity relations, candidate education, continued member education, community service and philanthropy, rush and recruitment, alumni relations, financial management, chapter management, and campus activities/leadership/ involvement. Following an assessment with our consultants, each chapter is provided tailored programing in areas of improvement. Our consultants provide this feedback, work with the necessary officers and members and then follow up on agreed upon timelines to review improvement. Those chapters that have challenges may get additional attention to help resolve open items to minimize the potential for disciplinary action.

Operating model

Revenue model
Earned-program. 96% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 92
  • Accountability: 69
  • Sustainability: 55
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

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: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 2 of 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • 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: 14.9%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 1.2; rating input score 48; 48th percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 49; 49th percentile among comparable filings
  • Officer compensation ratio: 17.3%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: 67.9% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 9.2% per year; rating input score 100; 64th percentile among comparable filings
  • Asset growth: -0.5% per year; rating input score 0; 16th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 12 of 12 board members independent · 2 of 8 filing controls reported
  • Programs: 3 filed program accomplishments
  • Leadership: top reported pay $100K · 13 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 9 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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 7 not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
  • High — Sustainability: Officer compensation ratio scored 19/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 49/100.