Nonprofit · EIN 20-1217639
BETA PSI FOUNDATION INC
Tax-exempt · ATLANTA, GA 30346
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $234,260 | $246,518 | -$12,258 | $2,696,840 | $31,450 | $2,665,390 |
| December 31, 2024 | 990 | $225,470 | $258,269 | -$32,799 | $2,476,675 | $16,640 | $2,460,035 |
| December 31, 2023 | 990 | $225,536 | $115,069 | $110,467 | $2,309,355 | $22,675 | $2,286,680 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $158,853
- Program service revenue
- $0
- Investment income
- $74,932
- Net income from gaming
- $475
- Other revenue
- $475
Expenses
- Grants and similar amounts paid
- $80,700
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $25,600
- Travel
- $8,190
- Program services (functional)
- $138,698
- Management and general (functional)
- $107,820
Balance sheet and other
- Total assets, start of year
- $2,476,675
- Total assets, end of year
- $2,696,840
- Total liabilities, end of year
- $31,450
- Net assets, end of year
- $2,665,390
- Publicly traded securities
- $2,556,011
- Net assets without donor restrictions
- $432,735
- Net assets with donor restrictions
- $2,232,655
- Gross receipts
- $234,935
- Employees
- 0
- Volunteers
- 20
- Year formed
- 2004
- State of legal domicile
- GA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Alan Madewell | VP, Foundation Relations Trustee or director, Officer | 6 | $0 |
| Greg Davis | President Trustee or director, Officer | 2.5 | $0 |
| JD Richey | VP, Finance & Investments Trustee or director, Officer | 2 | $0 |
| Joe DeLisle | VP, Fundraising Trustee or director, Officer | 4 | $0 |
| Joe Kinsey | Immediate Past President Trustee or director, Officer | 1 | $0 |
| Joe Smyth | VP, Disbursements Trustee or director, Officer | 2 | $0 |
| Robby Rankin | VP, Governance (Interim President) Trustee or director, Officer | 5.5 | $0 |
| Tom Turco | President-elect Trustee or director, Officer | 5 | $0 |
| Warren Strickler | Treasurer Trustee or director, Officer | 5 | $0 |
| Barry Vlass | Director Trustee or director | 0.3 | $0 |
| Bob Swift | Director Trustee or director | 1 | $0 |
| Carlos Navarro | Director Trustee or director | 1 | $0 |
| Charlie Burgamy | Director Trustee or director | 1 | $0 |
| Charlie Lockwood | Director Trustee or director | 2 | $0 |
| Clay Sparrow | Director Trustee or director | 1 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Davis Palmie | Director Trustee or director | 1.5 | $0 |
| Keith Jackson | Director Trustee or director | 6 | $0 |
| Marc Smith | Director Trustee or director | 0.5 | $0 |
| Matthew Stewart | Director Trustee or director | 1.1 | $0 |
| Rob Heusel | Director Trustee or director | 1.5 | $0 |
| Scott Lowery | Director Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 20 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOE KINSEY | PRESIDENT Trustee or director, Officer | 1.5 | $0 |
| GREG DAVIS | PRESIDENT-ELECT Trustee or director, Officer | 2.5 | $0 |
| CHARLIE LOCKWOOD | VICE PRESIDENT, FINANCE & INVESTMENTS Trustee or director, Officer | 4 | $0 |
| ALAN MADEWELL | VICE PRESIDENT, FOUNDATION RELATIONS Trustee or director, Officer | 3 | $0 |
| SCOTT EANES | VICE PRESIDENT, FUNDRAISING Trustee or director, Officer | 2 | $0 |
| ROBBY RANKIN | VICE PRESIDENT, GOVERNANCE Trustee or director, Officer | 2 | $0 |
| WARREN STRICKLER | TREASURER Trustee or director, Officer | 10 | $0 |
| CHARLIE BURGAMY | MEMBER Trustee or director | 2 | $0 |
| ROB HEUSEL | MEMBER Trustee or director | 1 | $0 |
| KEITH JACKSON | MEMBER Trustee or director | 1.5 | $0 |
| ALAN KENNEDY | MEMBER Trustee or director | 0.5 | $0 |
| ROB MITCHELL | MEMBER Trustee or director | 1 | $0 |
| CARLOS NAVARRO | MEMBER Trustee or director | 2 | $0 |
| JD RICHEY | MEMBER Trustee or director | 2 | $0 |
| MARC SMITH | MEMBER Trustee or director | 0.5 | $0 |
| JOE SMYTH | MEMBER Trustee or director | 0.5 | $0 |
| CLAY SPARROW | MEMBER Trustee or director | 3.5 | $0 |
| BOB SWIFT | MEMBER Trustee or director | 1 | $0 |
| TOM TURCO | MEMBER Trustee or director | 1 | $0 |
| BARRY VLASS | MEMBER Trustee or director | 0.02 | $0 |
990 for the year ended December 31, 2023: 21 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROB SHAW | PRESIDENT Trustee or director, Officer | 1 | $0 |
| ROBBY RANKIN | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| WARREN STRICKLER | TREASURER Trustee or director, Officer | 1 | $0 |
| CHARLIE LOCKWOOD | MEMBER Trustee or director | 1 | $0 |
| TOM HUSSEY | MEMBER Trustee or director | 1 | $0 |
| RICK HIGGINS | MEMBER Trustee or director | 1 | $0 |
| SCOTT EANES | MEMBER Trustee or director | 1 | $0 |
| JOE KINSEY | MEMBER Trustee or director | 1 | $0 |
| JIM SULLIVAN | MEMBER Trustee or director | 1 | $0 |
| KEITH O'DANIEL | MEMBER Trustee or director | 1 | $0 |
| MARK THURMAN | MEMBER Trustee or director | 1 | $0 |
| MATTHEW STEWART | MEMBER Trustee or director | 1 | $0 |
| TIM HELIG | MEMBER Trustee or director | 1 | $0 |
| GREG DAVIS | MEMBER Trustee or director | 1 | $0 |
| ALAN MADEWELL | MEMBER Trustee or director | 1 | $0 |
| TAYLOR SUNDUSKY | MEMBER Trustee or director | 1 | $0 |
| ROBERT SWIFT | MEMBER Trustee or director | 1 | $0 |
| BARRY VLASS | MEMBER Trustee or director | 1 | $0 |
| KEITH JACKSON | MEMBER Trustee or director | 1 | $0 |
| ROBERT MITCHELL | MEMBER Trustee or director | 1 | $0 |
| CLAY SPARROW | MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1151 HAMMOND DRIVE NE 24, ATLANTA, GA 30346-1524
- In care of
- % A JOSEF DELISLE HARTMAN SIMONS
- Principal officer (990 for 2025)
- Tom Turco, 1151 Hammond Drive NE 24, Atlanta, GA 30346
- Signed the 990
- Tom Turco, President
- Phone
- (404) 962-6438
- Website
- WWW.BETAPSI.ORG
- Return prepared by
- Mauldin & Jenkins LLC
Mission
OUR MISSION IS TO PROMOTE AND ENHANCE EDUCATIONAL OPPORTUNITIES FOR ACTIVE BROTHERS AND PLEDGES OF THE BETA PSI CHAPTER OF THE SIGMA CHI FRATERNITY AT THE GEORGIA INSTITUTE OF TECHNOLOGY.
Program accomplishments
- THE BETA PSI FOUNDATION PROMOTES, ENCOURAGES AND SUPPORTS EDUCATIONAL ACTIVITIES FOR THE BILL GEORGE BETA PSI CHAPTER OF THE SIGMA CHI FRATERNITY BY BOTH AWARDING SCHOLARSHIPS AND STUDENT AID AND DEVELOPING FUTURE LEADERS. IN 2025, THE FOUNDATION AWARDED $80,700 IN SCHOLARSHIPS TO GEORGIA TECH UNDERGRADUATES. BY HOSTING VARIOUS SOCIAL AND NETWORKING ACTIVITIES WITH ALUMNI AND THE UNDERGRADUATE CHAPTER, BROTHERHOOD IS FOSTERED AMONG ALUMNI AND UNDERGRADUATE BROTHERS. ADDITIONALLY, THE FOUNDATION ENCOURAGES LEADERSHIP FOR LIFE, WHICH PROMOTES CONTINUED INVOLVEMENT FROM BETA PSI ALUMNI IN THE LIVES AND DEVELOPMENT OF BROTHERS AND PLEDGES.Expenses $138,698 · grants $80,700
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-1217639
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2005
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $2,696,840
- Income (IRS master file)
- $234,935
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $234,260 | $246,518 | $2,696,840 | XML |
| 990 | December 2024 | $225,470 | $258,269 | $2,476,675 | XML |
| 990 | December 2023 | $225,536 | $115,069 | $2,309,355 | XML |
| 990 | December 2022 | $175,170 | $114,977 | $1,959,357 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-1217639).
Questions about BETA PSI FOUNDATION INC
- What is the EIN of BETA PSI FOUNDATION INC?
- The employer identification number (EIN) of BETA PSI FOUNDATION INC is 20-1217639.
- Is BETA PSI FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to BETA PSI FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BETA PSI FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BETA PSI FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BETA PSI FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of BETA PSI FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names Tom Turco.
- Who are the officers and directors of BETA PSI FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 21 people; 0 received compensation from the organization.
- How much revenue does BETA PSI FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $234,260, expenses of $246,518 and total assets of $2,696,840 at year end.
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