Nonprofit · EIN 81-3917678
BETA PSI 1923 FOUNDATION
Tax-exempt (reinstated) · ATLANTA, GA 30308
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $64,700 | $55,758 | $8,942 | $33,033 | $0 | $33,033 |
| December 31, 2024 | 990-EZ | $45,054 | $44,650 | $404 | $24,091 | $0 | $24,091 |
| December 31, 2023 | 990 | $210,560 | $238,577 | -$28,017 | $23,687 | $0 | $23,687 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $64,700
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $45,807
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $4,045
- Printing, publications and postage
- $860
- Other expenses
- $5,046
- Program services (functional)
- $5,046
Balance sheet and other
- Total assets, start of year
- $24,091
- Total assets, end of year
- $33,033
- Total liabilities, end of year
- $0
- Net assets, end of year
- $33,033
- Cash, savings and investments
- $33,033
- Gross receipts
- $64,700
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Horace Austin | Senior Director | 5 | $0 |
| Jeffery Jones | Director | 1 | $0 |
| Marco Clark | Director | 5 | $0 |
| Harrison Bentley | Director | 1 | $0 |
| Darryl Johnson | Board Chairman | 5 | $0 |
| Fred D Mitchell | Vice Chairman | 5 | $0 |
| Leon Smith | Vice Chairman | 2 | $0 |
| Herbert McCoy | Treasurer | 5 | $0 |
| Christian Smith | Secretary | 1 | $0 |
990-EZ for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Horace Austin | Senior Director | 15 | $0 |
| Jeffery Jones | Director | 5 | $0 |
| Marco Clark | Director | 15 | $0 |
| Harrison Bentley | Director | 5 | $0 |
| Darryl Johnson | Board Chairman | 20 | $0 |
| Fred D Mitchell | Vice Chairman | 15 | $0 |
| Leon Smith | Vice Chairman | 15 | $0 |
| Herbert McCoy | Treasurer | 15 | $0 |
| Christian Smith | Secretary | 10 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nat Scurry | Senior Director Trustee or director | 5 | $0 |
| Horace Austin | Senior Director Trustee or director | 15 | $0 |
| Jeffery Jones | Director Trustee or director | 5 | $0 |
| Marco Clark | Director Trustee or director | 15 | $0 |
| Harrison Bentley | Director Trustee or director | 5 | $0 |
| Darryl Johnson | Board Chairman Officer | 20 | $0 |
| Fred D Mitchell | Vice Chairman Officer | 15 | $0 |
| Leon Smith | Vice Chairman Officer | 15 | $0 |
| Herbert McCoy | Treasurer Officer | 15 | $0 |
| Christian Smith | Secretary Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 54931, ATLANTA, GA 30308-0931
- In care of
- % DARRYL JOHNSON
- Mailing address (990-N for 2022)
- PO BOX 54931, ATLANTA GA 303080931
- Principal officer (990-N for 2022)
- Herbert McCoy, 3945 Rolling Shoals Point, Ellenwood GA 30294
- Signed the 990-EZ
- Herbert McCoy, Treasuer
- Phone
- (678) 524-1468
- Website
- betapsi1923foundation.com
Mission
The Beta Psi 1923 Foundation Inc is a 501(c) 3 nonprofit organization whose expressed purpose is to fund scholarships & endowments while developing a legacy of financial support through donations and fundraising for matriculating students at Clark Atlanta University.
Program accomplishments
- Donations for CAU scholarships. $43,250 was donated to CAU by the foundation for 2025.
- Golf Tournament FundraiserExpenses $5,046
- No Program
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-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-3917678
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $33,033
- Income (IRS master file)
- $64,700
Revocation and reinstatement
- Exemption revoked
- May 15, 2019
- Posted by the IRS
- August 12, 2019
- Reinstated
- Effective May 15, 2019
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $64,700 | $55,758 | $33,033 | XML |
| 990-EZ | December 2024 | $45,054 | $44,650 | $24,091 | XML |
| 990 | December 2023 | $210,560 | $238,577 | $23,687 | XML |
| 990-N for 2022 Officer: Herbert McCoy | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Darryl Johnson | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Darryl Johnson | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 81-3917678).
Questions about BETA PSI 1923 FOUNDATION
- What is the EIN of BETA PSI 1923 FOUNDATION?
- The employer identification number (EIN) of BETA PSI 1923 FOUNDATION is 81-3917678.
- Is BETA PSI 1923 FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2019 and reinstated it effective May 15, 2019.
- Are donations to BETA PSI 1923 FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BETA PSI 1923 FOUNDATION 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 1923 FOUNDATION 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 1923 FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of BETA PSI 1923 FOUNDATION?
- The 990-N for 2022 names Herbert McCoy.
- Who are the officers and directors of BETA PSI 1923 FOUNDATION?
- The 990-EZ for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does BETA PSI 1923 FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $64,700, expenses of $55,758 and total assets of $33,033 at year end.
Other nonprofits in ATLANTA
- EMORY UNIVERSITY EIN 58-0566256 · last filed 990 for 2025
- EMORY EIN 90-0790361 · last filed 990 for 2025
- GEORGIA TECH FOUNDATION INC EIN 58-6043294 · last filed 990 for 2025
- MOREHOUSE SCHOOL OF MEDICINE INC EIN 58-1438873 · last filed 990 for 2025
- CLARK ATLANTA UNIVERSITY INC EIN 58-1825259 · last filed 990 for 2025
- GEORGIA TECH ATHLETIC ASSOCIATION EIN 58-0622514 · last filed 990 for 2025
- MOREHOUSE COLLEGE EIN 58-0566205 · last filed 990 for 2025
- GEORGIA STATE UNIVERSITY RESEARCH FOUNDATION INC EIN 58-1845423 · last filed 990 for 2025