GOLD2023

BETA UPSILON CHI

aka Brothers Under Christ (BYX)   |   Fort Worth, TX   |  www.byx.org
GuideStar Charity Check

BETA UPSILON CHI

EIN: 74-2911848


Mission

Beta Upsilon Chi exists to equip and empower college Christian men to live faithfully and lead courageously.

Ruling year info

2003

Executive Director of Foundation

Mr. Jason Hoyt

Executive Director of Fraternity

Mr. Gabe Mckinney

Main address

12650 N Beach Street Suite114 #305

Fort Worth, TX 76244 USA

Show more contact info

EIN

74-2911848

Subject area info

Undergraduate education

Alumni relations

Sororities and fraternities

Foundations

Nonprofits

Show more subject areas

Population served info

Young adults

Men and boys

Christians

NTEE code info

Student Sororities, Fraternities (B83)

What we aim to solve

SOURCE: Self-reported by organization

Beta Upsilon Chi (BYX) is a national fraternity that equips and empowers college Christian men to live faithfully and lead courageously. Lasting far beyond our college years, BYX (pronounced "Bucs") provides lifelong community that promotes spiritual growth, social connections and selfless leadership. Just as iron sharpens iron, it's in this eternal brotherhood we sharpen one another -- preparing tomorrow's fathers, business leaders, teachers and preachers to boldly impact our communities for Christ.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

COR Leadership Retreat

The purpose of the COR Leadership retreat is to identify and develop leaders within BYX for their current spheres of influence and future endeavors. Candidates are chosen from a pool of applicants from across the country to join us for a two-week, three-city retreat focused on growing our men spiritually, academically and professionally.

Population(s) Served
Men and boys
Christians

Our annual leadership training with newly elected leaders of each of our local chapter. The weekend is designed to communicate our vision for BYX and give our leaders practical tools to fulfill that vision on campus. It serves as our main opportunity to inspire our leaders towards the vision and purpose of BYX. Elected leaders and chosen delegates from all universities attend.

Population(s) Served
Men and boys
Christians

President's Circle aims to inspire and equip our top level leaders in all of our chapters. The experience allows for deeper relational connection to the staff and board and deeper understanding of the vision of the fraternity.

Population(s) Served
Men and boys
Christians

Pledge Captain Circle is aimed at providing intensive training for our local chapter pledge captains with a focus on leadership development and training for recruitment.

Population(s) Served
Young adults
Christians

Chaplain Circle aims to equip our chapter leaders who serve in the role as chaplain with encouragement and tools to evaluate the spiritual pulse of our chapters nationwide.

Population(s) Served
Young adults
Christians

Where we work

Affiliations & memberships

National Inter-Fraternal Conference 2016

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Everywhere, every day, BYX men are raising families, leading organizations and strengthening churches to impact our communities for Christ.

The BYX Experience promotes spiritual growth, social connections, and selfless leadership:

- Spiritual growth: With Jesus Christ as our common bond, we provide opportunities for spiritual growth to help members become the men God intended.

- Social connections: United by the values we share, members develop friends for life and brothers for eternity.

- Selfless leadership: Through life-changing programs and experiences, we prepare men to live and lead with integrity, authenticity, and generosity.

1) We Lead with Faith
2) We act with Courage
3) We model Excellence
4) We strengthen each other
5) We show up authentically

1) Increase our impact from 2,400 men to 4,000 men in the next 6 years by continuing to grow our existing chapters and start two to four new chapters per year.
2) Invest into our leaders on a yearly basis through National Leadership Summit, COR Leadership Retreat, President's Circle, Pledge Captain Circle & Chaplain Circle.
3) Look to add two to four new local chapter alumni associations each year.
4) Goal: To give away $100,000 in scholarships to our active members in each of the next 4 years.

1) Twenty new chapters starting in the last ten years
2) Growth from 600 men to 2500 men in the last fifteen years
3) Eighteen local chapter alumni associations
4) Average $50,000 a semester in scholarships given

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To strengthen relationships with the people we serve

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We act on the feedback we receive

  • What challenges does the organization face when collecting feedback?

    It is difficult to get the people we serve to respond to requests for feedback

Financials

BETA UPSILON CHI
Fiscal year: Aug 01 - Jul 31
Financial documents
2022 Beta Upsilon Chi 2021 Financial Audit 2020 2019 Beta Upsilon Chi Inc
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

7.59

Average of 690.37 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

7.8

Average of 5.2 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

12%

Average of 12% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

BETA UPSILON CHI

Revenue & expenses

Fiscal Year: Aug 01 - Jul 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

BETA UPSILON CHI

Balance sheet

Fiscal Year: Aug 01 - Jul 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

BETA UPSILON CHI

Financial trends analysis Glossary & formula definitions

Fiscal Year: Aug 01 - Jul 31

SOURCE: IRS Form 990 info

This snapshot of BETA UPSILON CHI’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $8,527 $6,490 $51,249 $122,931 -$98,262
As % of expenses 0.7% 0.5% 4.2% 11.7% -12.3%
Unrestricted surplus (deficit) after depreciation $8,479 $6,490 $51,249 $122,931 -$98,262
As % of expenses 0.7% 0.5% 4.2% 11.7% -12.3%
Revenue composition info
Total revenue (unrestricted & restricted) $1,173,067 $1,217,779 $1,342,306 $1,236,144 $756,798
Total revenue, % change over prior year 0.0% 3.8% 10.2% -7.9% -38.8%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 60.4% 62.1% 53.5% 44.1% 0.0%
Investment income 0.0% 0.3% 0.2% 0.3% 1.0%
Government grants 0.0% 0.0% 7.6% 8.1% 0.0%
All other grants and contributions 39.2% 34.3% 35.4% 46.6% 96.3%
Other revenue 0.4% 3.3% 3.3% 0.8% 2.8%
Expense composition info
Total expenses before depreciation $1,164,540 $1,186,715 $1,216,237 $1,052,942 $797,662
Total expenses, % change over prior year 0.0% 1.9% 2.5% -13.4% -24.2%
Personnel 31.7% 42.4% 45.1% 49.7% 32.8%
Professional fees 3.9% 5.9% 7.4% 11.0% 9.5%
Occupancy 3.5% 1.3% 0.6% 0.4% 0.0%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 2.3% 3.8% 4.8% 3.2% 14.2%
All other expenses 58.6% 46.7% 42.2% 35.7% 43.5%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $1,164,588 $1,186,715 $1,216,237 $1,052,942 $797,662
One month of savings $97,045 $98,893 $101,353 $87,745 $66,472
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $1,261,633 $1,285,608 $1,317,590 $1,140,687 $864,134

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 3.3 3.7 4.3 7.1 7.8
Months of cash and investments 3.3 5.0 6.3 10.3 11.8
Months of estimated liquid unrestricted net assets 3.1 3.1 3.6 5.5 5.8
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $319,861 $367,215 $433,292 $619,013 $518,748
Investments $0 $123,900 $205,970 $282,593 $262,771
Receivables $0 $0 $0 $0 $2,893
Gross land, buildings, equipment (LBE) $4,115 $0 $0 $4,115 $4,115
Accumulated depreciation (as a % of LBE) 100.0% 0.0% 0.0% 100.0% 100.0%
Liabilities (as a % of assets) 12.5% 8.4% 4.4% 7.0% 8.6%
Unrestricted net assets $0 $309,677 $360,926 $483,857 $385,595
Temporarily restricted net assets $0 $0 N/A N/A N/A
Permanently restricted net assets $0 $182,357 N/A N/A N/A
Total restricted net assets $0 $182,357 $260,524 $357,266 $336,740
Total net assets $303,187 $492,034 $621,450 $841,123 $722,335

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

Executive Director of Foundation

Mr. Jason Hoyt

Jason Hoyt currently serves as the Executive Director of the Beta Upsilon Chi Foundation where he oversees the vision and strategy development of the BYX Foundation and the BYX Alumni Association. Jason spent four years in the BYX brotherhood in college and served in leadership for two years. Jason is a 2000 graduate of the Mays school of Business at Texas A&M and has spent time working in corporate finance and accounting before coming to work for BYX in 2004 as Executive Director of the Fraternity. Jason graduated from SWBTS in December 2009 with a Masters of Christian Education. Jason is married and has four children.

Executive Director of Fraternity

Gabe Mckinney

Number of employees

Source: IRS Form 990

BETA UPSILON CHI

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

BETA UPSILON CHI

Board of directors
as of 12/04/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Mr. Kyle Kight

Beta Upsilon Chi

Term: 2022 - 2024

Kyle Kight

Joshua Brown

Rick Waters

Christian Ellis

Nick England

Matt Struble

Chris Godfrey

Erik Bahr

Dan Millner

Ben Brandenburg

Tepera Holman

Brett Williams

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 12/4/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Decline to state

The organization's co-leader identifies as:

Race & ethnicity
Hispanic/Latino/Latina/Latinx
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

No data