ZETA IOTA ZETA EDUCATIONAL FOUNDATION INC: Form 990EZ, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
ZETA IOTA ZETA EDUCATIONAL FOUNDATION INC (EIN 48-1158039)
Tax period
2015-09-01 to 2016-08-31
Filed
2017-11-01
IRS object ID
201703059349200970
Schema version
2015v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2017-11-01T13:44:08-07:00ReturnTs
Tax Period End2016-08-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Thill & Leonard CPAs LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line19548 Horton StreetAddressLine1Txt
CityOverland ParkCityNm
State AbbreviationKSStateAbbreviationCd
ZIP66207ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2015-09-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN481158039EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ZETA IOTA EDUCATIONAL FOUNDATION IBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlZETABusinessNameControlTxt
Phone9133831306PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 13129AddressLine1Txt
CityOVERLAND PARKCityNm
State AbbreviationKSStateAbbreviationCd
ZIP662823129ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCLAYTON HESSPersonNm
Person TitleTREASURERPersonTitleTxt
Phone9133831306PhoneNum
Signature2017-11-01SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARK THILL CPAPreparerPersonNm
Phone9133831306PhoneNum
Preparation2017-11-01PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Website AddressN/AWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$75,523GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$75,523ContributionsGiftsGrantsEtcAmt
Program Service Revenue$0ProgramServiceRevenueAmt
Membership Dues$0MembershipDuesAmt
Investment Income$0InvestmentIncomeAmt
Cost Or Other Basis Expense Sale$0CostOrOtherBasisExpenseSaleAmt
Gain Or Loss From Sale Of Assets$0GainOrLossFromSaleOfAssetsAmt
Gaming Gross Income$0GamingGrossIncomeAmt
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Special Events Direct Expenses$0SpecialEventsDirectExpensesAmt
Special Events Net Income Loss$0SpecialEventsNetIncomeLossAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Gross Profit Loss Sls Of Invntry$0GrossProfitLossSlsOfInvntryAmt
Total Revenue$75,523TotalRevenueAmt
Fees And Other Pymt To Ind Cntrct$12,522FeesAndOtherPymtToIndCntrctAmt
Printing Publications Postage$170PrintingPublicationsPostageAmt
Other Expenses Total$2,368OtherExpensesTotalAmt
Total Expenses$15,060TotalExpensesAmt
Excess Or Deficit For Year$60,463ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$195,608NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$256,071NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$2,413BOYAmt
EOY$41,246EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$193,195BOYAmt
EOY$214,825EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$195,608BOYAmt
EOY$256,071EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$195,608BOYAmt
EOY$256,071EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeSCHOLARSHIP AND GRANTSPrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (2 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtGrants And AllocationsGrantsAndAllocationsAmtProgram Service ExpensesProgramServiceExpensesAmt
SCHOLARSHIPS AND GRANTS TO COLLEGE STUDENTS$2,291$2,291
.
FieldValueIRS element (for citing)
Total Program Service Expenses$2,291TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (3 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
JOHN EDGAR
PRESIDENT1.00$0
RICHARD WAGNER
VICE PRESIDENT1.00$0
CLAYTON J HESS
TREASURER1.00$0
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonCLAYTON HESSPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line114409 BALLENTINE STREETAddressLine1Txt
CityOVERLAND PARKCityNm
State AbbreviationKSStateAbbreviationCd
ZIP66221ZIPCd
FieldValueIRS element (for citing)
Phone8164213222PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$15,558CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$27,775CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$33,967CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$86,200CurrentTaxYearMinus1YearAmt
Current Tax Year$75,523CurrentTaxYearAmt
Total$239,023TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$15,558CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$27,775CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$33,967CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$86,200CurrentTaxYearMinus1YearAmt
Current Tax Year$75,523CurrentTaxYearAmt
Total$239,023TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$182,003SubstantialContributorsTotAmt
Public Support Total170$57,020PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$16CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$8CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$7CurrentTaxYearMinus1YearAmt
Total$35TotalAmt
FieldValueIRS element (for citing)
Total Support$239,058TotalSupportAmt
Public Support CY1700.23850PublicSupportCY170Pct
Public Support PY1700.20960PublicSupportPY170Pct
Ten Pct Facts Crcmstncs Test CYYes (X)TenPctFactsCrcmstncsTestCYInd
Public Support Total509$0PublicSupportTotal509Amt
Public Support CY5090PublicSupportCY509Pct
Investment Income CY0InvestmentIncomeCYPct

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePt II Ln 17aFormAndLineReferenceDesc
ExplanationDONATIONS FROM A MAJOR FUNDRAISING CAMPAIGN THAT OCCURRED RECENTLY, CAUSED US TO FALL BELOW THE 33 1/3% THRESHOLD AND PLACE US AT A 23.85% THRESHOLD WHICH IS GOVERNED BY THE 10% FACTS & CIRCUMSTANCE TEST FOR FISCAL YEAR ENDING 8/31/16. DURING THAT YEAR WE HAD SIZABLE SUPPORT FROM A REPRESENTATIVE NUMBER OF PERSONS AND WITHIN THAT GROUP ONE INDIVIDUAL, WHO IS NOT A MEMBER OF THE TAXPAYER'S GOVERNING BOARD, CONTRIBUTED A GENEROUS ONE-TIME DONATION. TAXPAYER'S ORGANIZATION IS AN EDUCATIONAL FOUNDATION MEANT FOR PROVIDING COLLEGE SCHOLARSHIP AND OTHER EDUCATIONAL OPPORTUNITIES FOR ITS CURRENT ACTIVE MEMBERS OF A CERTAIN COLLEGE FRATERNITY CHAPTER. TAXPAYER HAS SUPPORTED THE FRATERNITY CHAPTER SINCE OCTOBER 17, 1947. TAXPAYER'S SOURCES OF SUPPORT COME FROM PAST MEMBERS, ALUMNI, OF OUR FRATERNITY WHO CONTRIBUTE FOR THE EDUCATIONAL BENEFIT AND GROWTH OF FUTURE ACTIVE COLLEGE MEMBERS.OUR GOVERNING BODY SUPPORTS IS ELECTED FROM FORMER MEMBERS, ALUMNI, PURSUANT TO THE ORGANIZATION'S BYLAWS BY A BROADLY BASED ALUMNI MEMBERSHIP. WE REQUIRE NO DUES OR FEES IN ORDER TO BE AN ACTIVE, VOTING, ALUM. THIS ALLOWS US TO HAVE A BROAD CROSS SECTION OF INTERESTED ALUMNI WHO WANT THE OPPORTUNITY SUPPORT THE ORGANIZATION IN AN OFFICIAL CAPACITY. THE GOVERNING BODY HAS RULES THAT REQUIRE CONTRIBUTIONS TO HAVE AN EDUCATIONAL BENEFIT TO THE ACTIVE MEMBERS OF THE COLLEGE FRATERNITY IT SUPPORTS WHICH ENSURES THAT THE NON-PROFIT BE HELD ACCOUNTABLE WHEN RECEIVING DONATIONS.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990EZ, Part I, Line 16CORPORATE ANNUAL FEE 40.
Form 990EZ, Part I, Line 16BANK CHARGES 36.
Form 990EZ, Part I, Line 16CONCLAVE REIMBURSEMENT 2291.
Form 990EZ, Part I, Line 16ROUNDING 1.
Form 990EZ, Part II, Line 24NOTE RECEIVABLE FROM HOUSE CORPORATION 193195. 214825.

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