Skip to content
Nonprofiteer
← BETA ALPHA PSI NATIONAL COUNCIL

Form 990 for tax year 2024

Filed by BETA ALPHA PSI NATIONAL COUNCIL.

Totals

Total revenue
$1,713,931
Total expenses
$1,613,315
Contributions and grants received
$974,915
Grants paid
$178,250
Program service revenue
$686,518
Investment income
$52,498
Other revenue
$0
Total assets, end of year
$3,614,072
Total liabilities, end of year
$1,070,628
Net assets or fund balances, end of year
$2,543,444
Program services expenses (Part IX)
$1,068,869
Management and general expenses
$544,446
Fundraising expenses
$0
Program service expenses (Part III)
$1,068,869

Program services were 66.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $554,606

  • 1f · All other contributions, gifts and grants

    $420,309

  • 2a · Program service revenue: Annual and Mid-Year Meetings

    total $565,288 · related or exempt $565,288

  • 2b · Program service revenue: Chapter Maintenance Fees

    total $121,230 · related or exempt $121,230

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $52,498 · excluded $52,498

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $125,850 · program services $125,850

  • 2 · Grants to domestic individuals

    total $27,650 · program services $27,650

  • 3 · Grants to foreign organizations and individuals

    total $24,750 · program services $24,750

  • 5 · Compensation of officers, directors and key employees

    total $134,868 · program services $80,921 · management and general $53,947

  • 7 · Other salaries and wages

    total $136,482 · program services $32,521 · management and general $103,961

  • 10 · Payroll taxes

    total $30,691 · program services $12,699 · management and general $17,992

  • 11a · Fees: management

    total $170,150 · program services $62,550 · management and general $107,600

  • 11b · Fees: legal

    total $9,805 · management and general $9,805

  • 11g · Fees: other

    total $63,343 · program services $1,671 · management and general $61,672 · fundraising $0

  • 12 · Advertising and promotion

    total $13,467 · program services $8,650 · management and general $4,817

  • 13 · Office expenses

    total $146,436 · program services $1,895 · management and general $144,541

  • 17 · Travel

    total $58,986 · program services $57,092 · management and general $1,894

  • 19 · Conferences, conventions and meetings

    total $653,602 · program services $632,620 · management and general $20,982

  • 22 · Depreciation, depletion and amortization

    total $3,433 · management and general $3,433

  • 24a · Other expenses: Miscellaneous

    total $10,302 · management and general $10,302

  • 24b · Other expenses: Bad debt expense

    total $3,500 · management and general $3,500

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,425,232 · end of year $573,954

  • 2 · Savings and temporary cash investments

    beginning of year $250,384 · end of year $2,793,958

  • 4 · Accounts receivable

    beginning of year $69,837 · end of year $47,625

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $66,182 · end of year $195,960

  • 10a · Land, buildings and equipment: cost or other basis

    $267,563

  • 10b · Land, buildings and equipment: accumulated depreciation

    $264,988

  • 10c · Land, buildings and equipment, net

    beginning of year $6,008 · end of year $2,575

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $24,068 · end of year $651,710

  • 19 · Deferred revenue

    beginning of year $350,747 · end of year $418,918

  • 22 · Loans and payables to officers and key people

    end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $2,356,523 · end of year $2,467,289

  • 28 · Net assets with donor restrictions

    beginning of year $86,305 · end of year $76,155

Mission and programs · 2024

Mission

The mission of Beta Alpha Psi, the premier international honor and service organization for financial and business information students and professionals, is to inspire and support excellence by: encouraging the study and practice of accountancy, finance, business technology, and analytics providing opportunities for service, professional development, and interaction among members and financial professionals; and fostering lifelong ethical, social, and public responsibilities.

Activities or mission (Part I)

To inspire and support excellence for financial and business information students and professionals.

  • Local and National Chapters provide encouragement and recognition to members for Scholastic and Professional excellence in the field of accounting, finance and data analytics through various awards and programs.

    Expenses $1,068,869 · Grants $178,250 · Revenue $686,518

As filed on the 2024 return.

Listed in Part VII

  • Mark Myring

    Past President

    Total calculated
    $0
    Hours/week
    3

  • Patricia Poli

    President

    Total calculated
    $0
    Hours/week
    3

  • Raymond Elson

    President-elect

    Total calculated
    $0
    Hours/week
    3

  • Avneet Nagra

    Third year Chapter Advocate

    Total calculated
    $0
    Hours/week
    3

  • Bailey Maxwell

    At-Large Director

    Total calculated
    $0
    Hours/week
    2

  • Brian McGuire

    Interim Director of Administration

    Total calculated
    $0
    Hours/week
    3

  • Chad Kelsey

    Alumni Representative

    Total calculated
    $0
    Hours/week
    3

  • Connie McKnight

    Third year Chapter Advocate

    Total calculated
    $0
    Hours/week
    3

  • Danielle Bradley

    At-Large Director - Operational Sustainability

    Total calculated
    $0
    Hours/week
    2

  • Eddie Nabors

    Director of Administration

    Total calculated
    $0
    Hours/week
    3

  • Fred Ng

    Outgoing Chapter Advocate

    Total calculated
    $0
    Hours/week
    2

  • Jason Stanfield

    Outgoing Chapter Advocate

    Total calculated
    $0
    Hours/week
    2

  • Jeremy Carrine

    Outgoing Professional Partners Chair

    Total calculated
    $0
    Hours/week
    2

  • Kelly Rath

    Professional Partners Chair-elect

    Total calculated
    $0
    Hours/week
    3

  • Kimberly Ellison-Taylor

    Outgoing Past President

    Total calculated
    $0
    Hours/week
    2

  • Leanne Lutkus

    Professional Partners Chair

    Total calculated
    $0
    Hours/week
    3

  • Mangala Prasetia

    Alumni Advocate

    Total calculated
    $0
    Hours/week
    3

  • Rebecca Goessel

    Outgoing At-Large Director

    Total calculated
    $0
    Hours/week
    3

  • Rilley Ramos

    Outgoing Alumni Advocate

    Total calculated
    $0
    Hours/week
    2

  • Rita Grant

    Outgoing Chapter Advocate

    Total calculated
    $0
    Hours/week
    3

  • Sridhar Sundaram

    Dean Representative

    Total calculated
    $0
    Hours/week
    3

  • Teresa Conover

    Director of Global Activities

    Total calculated
    $0
    Hours/week
    2

  • Margaret Fiorentino

    Executive Director

    Total calculated
    $134,868
    From this org
    $134,868
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $134,868
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $134,868

  • Lisa Wicker

    Manager, Chapter Services

    Total calculated
    $103,794
    From this org
    $103,794
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $103,794
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $103,794

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part III
Compensation was paid by an unrelated organization, American Accounting Association, in the form of wages to the following recipients for services provided to the filing organization: Margaret Fiorentino - $134,868 Lisa Wicker - $103,794
Schedule J, Part II COMPENSATION FROM AN UNRELATED ORGANIZATION OR INDIVIDUAL
NAME - MARGARET FIORENTINO, COMPENSATION FROM UNRELATED ORGANIZATION - 134868, NAME OF UNRELATED ORGANIZATION - AMERICAN ACCOUNTING ASSOCIATION, TYPE OF COMPENSATION - WAGES AND BENEFITS
Schedule J, Part II COMPENSATION FROM AN UNRELATED ORGANIZATION OR INDIVIDUAL
NAME - LISA WICKER, COMPENSATION FROM UNRELATED ORGANIZATION - 103794, NAME OF UNRELATED ORGANIZATION - AMERICAN ACCOUNTING ASSOCIATION, TYPE OF COMPENSATION - WAGES AND BENEFITS

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
29 January 2026
IRS schema version
2024v5.1
Source object
202640299349301604

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.