ZETA PSI FRATERNITY INC Charity Report

Public IRS 990 nonprofit record

ZETA PSI FRATERNITY INC

EIN 13-1496630 · Student Sororities & Fraternities (B83)

What they do

ZETA PSI FRATERNITY, INC. is A NOT for PROFIT CORPORATION, FOUNDED IN 1847, and INCORPORATED IN 1966. THE FRATERNITY is GOVERNED BY A VOLUNTEER EXECUTIVE COMMITTEE WHOSE MISSION is to PROVIDE SUPPORT for FRATERNITY CHAPTERS and MEMBERS. AS of THIS YEAR END, THERE ARE APPROXIMATELY 2,000 UNDERGRADUATE MEMBERS and 40,000 ALUMNI MEMBERS. THERE ARE CURRENTLY 52 ACTIVE UNDERGRADUATE CHAPTERS, IN EIGHT COUNTRIES, ON THREE CONTINENTS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $0.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders14 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$123.18spent for every $100 of revenueSpending was higher than revenue this year.

0.35%of revenue went to management and office costs0.3% of expenses

$0.28in assets for every $1 spent this yearSome assets cannot be spent right away.

38.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $342,737 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $131,040 for M LAUCK WALTON (EXECUTIVE DIRECTOR EMERITU). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$923,188

Mission workProgram services0.00% of revenue0.0% of expenses

ManagementOffice and general costs$3,2190.35% of revenue0.3% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$986,375106.84% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2019CurrentExpense mix: 0.0% mission · 0.3% management · 0.0% fundraisingTotal expenses: 106.84% of revenue

2017Expense mix: 84.6% mission · 0.0% management · 0.0% fundraisingTotal expenses: 97.27% of revenue

2016Expense mix: 84.5% mission · 0.0% management · 0.0% fundraisingTotal expenses: 108.38% of revenue

Money in and money out

Revenue$1,478,328

Expenses$1,821,065

Annual shortfall $342,737 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Management and office costs$3,219 · 0.2% of expenses

See all reported dollar amounts

Revenue$1,478,328

Expenses$1,821,065

Assets$518,710

Income$1,478,328

Contributions$564,627

Grants given$117,228

Average grant$39,076

Stocks and bonds$317,404

Accounting fees$62,756

Investing fees$941

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

M LAUCK WALTONEXECUTIVE DIRECTOR EMERITU · 40 hrs/week $131,040Base $126,000 · Other $5,040

TYLER BOISVERTEXECUTIVE DIRECTOR · 40 hrs/week $128,191Base $123,261 · Other $4,930

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (14)

M LAUCK WALTONEXECUTIVE DIRECTOR EMERITU

TYLER BOISVERTEXECUTIVE DIRECTOR

ALAN PHIPPSSEARGANT AT ARMS

ALEX PRUCEHISTORIAN

ALEX SHARIFCORRESPONDING SECRETARY

CONOR BENNETTMEMBER AT LARGE

EVAN DOYLEMEMBER AT LARGE

JAMES DONALDPRESIDENT

JARED SUNSHINESECRETARY

JOHN SPOHNVICE PRESIDENT

MAURICE DUCOINGMEMBER AT LARGE

PETER WIJNBERGENMEMBER AT LARGE

ROBERT EDGMONTREASURER

TOM KHERKHERMEMBER AT LARGE

About this charity

Recognized since: January 1941
Location: 15 SOUTH HENRY STREET, PEARL RIVER, NY 10965
County: Rockland
In care of: SPENCER LONG
Primary officer: SPENCER LONG, CHIEF EXECUTIVE OFFICER

How to reach them

Phone(845) 735-1847 Officer phone(845) 474-2625

Filing and classification

Latest tax year: 2024
Tax period began: June 1, 2024
Return type: 990
Tax preparer: DEAN DORTON ALLEN FORD PLLC
NTEE classification: Student Sororities & Fraternities (B83)
IRS tax category: Student Sororities & Fraternities
Grant-giving organization: Yes