2025-04-05T11:29:49-05:00 2024-06-30 430765316 RUBINBROWN LLP 7676 FORSYTH BLVD SUITE 2100 SAINT LOUIS MO 63105 990 2023-07-01 431322067 BETA GAMMA SIGMA INC BETA 3144325650 2029 WOODLAND PARKWAY SUITE 130 SAINT LOUIS MO 63146 CHRISTINA ALLRICH EXECUTIVE DIRECTOR 3144325650 2025-04-03 1 1 KIMBERLY A RYAN P00829977 3142903300 2023 2025-03-06 01:10:19Z CHRISTINA ALLRICH 2029 WOODLAND PARKWAY SUITE 130 SAINT LOUIS MO 63146 1943088 0 X WWW.BETAGAMMASIGMA.ORG X 1982 MO HONOR ACADEMIC ACHIEVEMENT, CULTIVATE PROFESSIONAL EXCELLENCE, AND SERVE MEMBERS. 15 15 10 1950 5735 0 1674137 1622482 80750 46617 106458 142262 61437 47394 1922782 1858755 10380 19250 0 0 920161 984688 0 0 115525 862347 839821 1792888 1843759 129894 14996 4755381 5078873 404297 383885 4351084 4694988 X THE MISSION OF THE INTERNATIONAL HONOR SOCIETY BETA GAMMA SIGMA IS TO ENCOURAGE AND HONOR ACADEMIC ACHIEVEMENT IN THE STUDY OF BUSINESS, TO CULTIVATE AND CELEBRATE LEADERSHIP AND PROFESSIONAL EXCELLENCE, TO ADVANCE THE VALUES OF THE SOCIETY, AND TO SERVE ITS LIFELONG MEMBERS. 1 1 772612 19250 75550 SCHOLARSHIP RECOGNITION AND SCHOLARSHIPS: SCHOLARSHIP RECOGNITION TO OUTSTANDING BUSINESS STUDENTS AND FACULTY TO ENCOURAGE AND IMPROVE ACADEMIC PERFORMANCE AMONG OVER 900,000 STUDENTS IN 641 COLLEGES AND UNIVERSITIES. 20,361 STUDENTS AND FACULTY RECEIVED INTERNATIONAL AND LIFETIME RECOGNITION. 104923 10358 THE BETA GAMMA SIGMA REGIONAL LEADERSHIP CONFERENCE WAS HELD IN-PERSON ON THE CAMPUS OF HOWARD UNIVERSITY IN WASHINGTON D.C. FROM FEBRUARY 9-10, 2024. THIS CONFERENCE WAS THEMED AROUND CULTIVATING AUTHENTIC LEADERSHIP. 76 PARTICIPANTS AND 9 COLLEGIATE CHAPTER ADMINISTRATORS PARTICIPATED IN SPEAKER SESSIONS AND WORKSHOPS, A BGS GIVES BACK ACTIVITY IN PARTNERSHIP WITH THE D.C.-AREA JUNIOR ACHIEVEMENT, NETWORKING SESSIONS AND A CASE COMPETITION. PARTICIPANTS CAN IMMEDIATELY APPLY THESE SKILLS IN THEIR ACADEMIC AND PROFESSIONAL LIVES.THESE EVENTS PROVIDE THE OPPORTUNITY TO CONNECT WITH SUCCESSFUL LEADERS, FORGE MEANINGFUL RELATIONSHIPS, AND ENGAGE IN THOUGHT-PROVOKING DISCUSSIONS. ATTENDEES WILL LEAVE WITH A RENEWED SENSE OF PURPOSE AND A ROADMAP TO BECOMING INSPIRING AND EMPOWERING LEADERS. 76308 2368 ALUMNI NETWORK: THE BETA GAMMA SIGMA (BGS) ALUMNI NETWORK CONNECTS MEMBERS BOTH VIRTUALLY AND IN-PERSON. PROVIDING PROFESSIONAL NETWORKING OPPORTUNITIES, PROFESSIONAL DEVELOPMENT, SOCIAL EVENTS AND SERVICE OPPORTUNITIES TO LOCAL COMMUNITIES, THE NETWORK INCREASES BGS' WORLDWIDE PRESENCE WHILE PROVIDING LIFETIME VALUE TO OUR MEMBERS. IN FY 2023-2024, THERE WERE 36 MEMBER EVENTS HELD WORLDWIDE, THROUGH 32 ALUMNI CHAPTERS AND 22 NETWORKING GROUPS.THE NETWORK IS FURTHER SUPPORTED BY BGS PROGRAMS. SERVICE OPPORTUNITIES ARE SUPPORTED THROUGH OUR WORLD-WIDE PARTNERSHIP WITH JUNIOR ACHIEVEMENT, THROUGH WHICH ALUMNI CHAPTERS CAN EASILY PLAN VOLUNTEER ACTIVITIES. THE BGS ALUMNI CAREER DESIGN PROGRAM SUPPORTS OUR ALUMNI MEMBERS' LONG-TERM CAREER SUCCESS, BY PROVIDING COACHING IN CAREER-PATHING AND GOAL SETTING. THIS VIRTUAL PROGRAM ALSO PROVIDES NETWORKING OPPORTUNITIES, AS ALUMNI MEMBERS COMPLETE THE PROGRAM IN COHORT GROUPS OF APPROXIMATELY 50 MEMBERS AT A TIME. MEMBERS SUPPORT ONE ANOTHER THROUGHOUT THE PROGRAM AND HAVE THE OPPORTUNITY TO MAKE LIFELONG CONNECTIONS. FURTHERMORE, BGS CAREER CENTRAL SUPPORTS OUR ALUMNI MEMBERS' PROFESSIONAL DEVELOPMENT AND CAREER OUTLOOK BY PROVIDING ACCESS TO CURATED CAREER CONTENT, PROGRAMS, WEBINARS AND EXCLUSIVE MEMBER OFFERS. THE BGS ADVANTAGE WEBINAR SERIES OFFERED FREE HOUR-LONG WEBINARS FOR ALL BGS MEMBERS. EACH TOPIC WAS UNIQUE BUT HAD THE OVERARCHING GOAL OF PROVIDING CAREER ADVICE, INSIGHT AND PROFESSIONAL SKILL BUILDING, LEVERAGING SUBJECT MATTER EXPERTS AND PARTNERS OF BGS. 953843 1 1 0 0 0 0 0 0 1 0 1 1 0 0 1 0 1 0 0 0 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 10 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 1 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X CHRISTINA ALLRICH 3144325650 2029 WOODLAND PARKWAY SUITE 130 SAINT LOUIS MO 63146 JOHN NAVIN BOARD CHAIR 2.00 X X 0 0 0 BERNARD J MILANO SECRETARY/TREASURER 2.00 X X 0 0 0 MARY A GOWAN IMMEDIATE PAST CHAIR 2.00 X X 0 0 0 ANNE BALAZS DIRECTOR 1.00 X 0 0 0 NARJESS BOUBAKRI DIRECTOR 1.00 X 0 0 0 WES HAMILTON-JESSOP DIRECTOR 1.00 X 0 0 0 KEN MERRITT DIRECTOR 1.00 X 0 0 0 BLANE RUSCHAK DIRECTOR 1.00 X 0 0 0 NEETU SINGH DIRECTOR 1.00 X 0 0 0 DAYLE SMITH DIRECTOR 1.00 X 0 0 0 RETO STEINER DIRECTOR 1.00 X 0 0 0 JOYCE STRAWSER DIRECTOR 1.00 X 0 0 0 CHANDRA SUBMANIAM DIRECTOR 1.00 X 0 0 0 JODI WEISS DIRECTOR 1.00 X 0 0 0 ANTHONY WILBON DIRECTOR 1.00 X 0 0 0 CHRISTINA ALLRICH EXECUTIVE DIRECTOR 37.50 X 158763 0 18612 158763 0 18612 1 0 1 0 0 1489277 133205 1622482 STUDENT FORUMS 611430 32617 32617 PARTNERSHIPS/AFFILIATIONS 611710 8265 8265 PUBLICATION REVENUE 541800 5735 5735 46617 110300 110300 62688 30726 31962 31962 31962 101001 53607 47394 47394 1858755 88276 5735 142262 12250 12250 7000 7000 184110 73644 92055 18411 628530 375615 227362 25553 34601 21187 12160 1254 79834 45471 30446 3917 57613 32062 22498 3053 300 167 117 16 35200 35200 25778 25778 51237 250 176 50811 75265 32208 43057 180105 105997 72692 1416 162298 110344 45873 6081 51198 28492 19993 2713 71551 558 70940 53 28597 15914 11167 1516 13783 7670 5382 731 PROGRAMS AND EVENTS 78999 78999 STRATEGIC PLAN 59495 59495 AWARDS 6015 6015 1843759 953843 774391 115525 779212 883494 69070 95698 85081 47380 26006 30471 326384 296586 58395 29798 3546370 3844552 191247 147480 4755381 5078873 113558 139062 3450 775 85760 83428 201529 160620 404297 383885 X 4319647 4665276 31437 29712 4351084 4694988 4755381 5078873 14996 328908 0 X 0 1 X 1 0 X 1686359 1896648 1863716 1674137 1622482 8743342 428451 187725 189745 215146 141883 1162950 2114810 2084373 2053461 1889283 1764365 9906292 13064 6250 4550 17693 5141 46698 461 3684 20377 24522 13064 6711 8234 38070 5141 71220 9835072 74280 75213 78090 80055 110300 417938 74280 75213 78090 80055 110300 417938 2189090 2159586 2131551 1969338 1874665 10324230 0.95260 0.95870 0.04050 0.03470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 326384 296586 29798 29798 MUTUAL FUNDS 3844552 F 3844552 LEASE LIABILITIES - FINANCING LEASE 160620 160620 2215492 328908 53607 382515 1832977 25778 25778 1858755 1871588 53607 53607 1817981 25778 25778 1843759 PART IV, LINE 2B: THE ORGANIZATION HELD FUNDS FOR VARIOUS CHAPTERS IN THE AMOUNT OF $83,428 WHICH ARE INCLUDED IN AGENCY FUNDS ON THE STATEMENT OF FINANCIAL POSITION. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 53,607. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 53,607. 1 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES SCHOLARSHIPS RECOGNITION 68983 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES SCHOLARSHIPS RECOGNITION 42238 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES SCHOLARSHIPS RECOGNITION 6479 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES SCHOLARSHIPS RECOGNITION 17083 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES SCHOLARSHIPS RECOGNITION 13030 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 PROGRAM SERVICES SCHOLARSHIPS RECOGNITION 2063 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICES SCHOLARSHIPS RECOGNITION 1086 0 0 0 0 0 0 150962 0 150962 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 1906 68983 CHECK EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 1167 42238 CHECK MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 179 6479 CHECK NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 472 17083 CHECK SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 360 13030 CHECK SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 57 2063 CHECK SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 30 1086 CHECK 0 0 0 0 0 0 PART I, LINE 2: ORGANIZATION MAINTAINS DATABASE LISTING ALL INDUCTEES, SCHOOL OF INDUCTION AND ADDRESS. PART I, LINE 3: TOTAL EXPENSES FROM SCHOLARSHIPS RECOGNITION WAS DIVIDED BY NUMBER OF STUDENTS INDUCTED TO GET AN AVERAGE COST. MEMBERSHIP REPORT BY COUNTRY WAS USED TO GET EXPENSES BY REGION. 1 SCHOLARSHIPS 15 12250 PART I, LINE 2: BETA GAMMA SIGNA (BGS) PROVIDES GRANTS THROUGH THE ALUMNI GRANT PROGRAM TO ALUMNI CHAPTERS. THESE CHAPTERS MUST APPLY AND MEET CERTAIN CRITERIA TO BE ELIGIBLE FOR THE GRANT PROGRAM. ELIGIBILITY INFORMATION IS KEPT ON FILE AT BGS HEADQUARTERS. IF APPROVED, GRANT MONEY IS DEPOSITED IN THE ALUMNI CHAPTER ACCOUNT. FOR ACCOUNTS HELD INTERNALLY, BGS MONITORS ALL SPENDING FROM THESE ACCOUNTS, CORRELATED WITH RECEIPTS AND A "SUMMARY OF USE" FROM AUTHORIZED OFFICERS. FOR ANY ACCOUNTS HELD EXTERNALLY, CHAPTERS ARE REQUIRED TO SUBMIT A BI-ANNUAL BANK STATEMENT WITH TRANSACTION INFORMATION, WHICH IS REVIEWED BY STAFF TO ENSURE MONEY IS BEING SPENT FOR APPROPRIATE EXPENSES. BGS KEEPS DOCUMENTATION OF ELIGIBILITY FOR OTHER IN-HOUSE SCHOLARSHIPS PROGRAMS, DOCUMENTS THE SELECTED WINNERS, AND IF APPLICABLE, HOW THEY WERE SELECTED. BSG ALSO KEEPS PROGRAM DESCRIPTIONS ON FILE FOR THE INTENT OF THE PROGRAM AND DOCUMENTS DELIVERY OF THE CHECK SENT TO THE SELECTED WINNER. X X X 0 0 0 0 0 0 0 0 0 CHRISTINA ALLRICH EXECUTIVE DIRECTOR 158763 0 0 0 0 0 11969 0 6643 0 177375 0 0 0 FORM 990, PART III, LINE 2 THE BETA GAMMA SIGMA REGIONAL LEADERSHIP CONFERENCE WAS HELD IN-PERSON ON THE CAMPUS OF HOWARD UNIVERSITY IN WASHINGTON D.C. FROM FEBRUARY 9-10, 2024. THIS CONFERENCE WAS THEMED AROUND CULTIVATING AUTHENTIC LEADERSHIP. 76 PARTICIPANTS AND 9 COLLEGIATE CHAPTER ADMINISTRATORS PARTICIPATED IN SPEAKER SESSIONS AND WORKSHOPS, A BGS GIVES BACK ACTIVITY IN PARTNERSHIP WITH THE D.C.-AREA JUNIOR ACHIEVEMENT, NETWORKING SESSIONS AND A CASE COMPETITION. PARTICIPANTS CAN IMMEDIATELY APPLY THESE SKILLS IN THEIR ACADEMIC AND PROFESSIONAL LIVES. THESE EVENTS PROVIDE THE OPPORTUNITY TO CONNECT WITH SUCCESSFUL LEADERS, FORGE MEANINGFUL RELATIONSHIPS, AND ENGAGE IN THOUGHT-PROVOKING DISCUSSIONS. ATTENDEES WILL LEAVE WITH A RENEWED SENSE OF PURPOSE AND A ROADMAP TO BECOMING INSPIRING AND EMPOWERING LEADERS. FORM 990, PART III, LINE 3 THE BGS X SDGS LAB LEADERSHIP CONFERENCES PREVIOUSLY HELD WERE REPLACED DURING THE FISCAL YEAR WITH THE BETA GAMMA SIGMA REGIONAL LEADERSHIP CONFERENCE. FORM 990, PART VI, SECTION A, LINE 4 IN JUNE 2023, THE BOARD OF GOVERNORS AND MEMBERSHIP OF BETA GAMMA SIGMA APPROVED AN ADDENDUM TO THE BETA GAMMA SIGMA BYLAWS PERTAINING TO THE ESTABLISHMENT AND CONTINUANCE OF THE CHAPTER ADVISOR COUNCIL. THE UPDATED BYLAWS DOCUMENT IS AVAILABLE ON-DEMAND ON THE BETA GAMMA SIGMA WEBSITE. FORM 990, PART VI, SECTION A, LINE 6 BETA GAMMA SIGMA MEMBERS ARE ELECTED TO A LIFETIME MEMBERSHIP BY THE FACULTY OF THE BUSINESS PROGRAM WHERE THEY ARE EDUCATED. THE FACULTY MEMBERS OF BETA GAMMA SIGMA AT THE EDUCATION INSTITUTION AND THE CURRENT MEMBERS COMPRISE THE ACTIVE CHAPTER. ONCE NO LONGER A STUDENT, A MEMBER BECOMES AN ALUMNI MEMBER. BETA GAMMA SIGMA CURRENTLY HAS OVER 900,000 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A IT IS THE ACTIVE CHAPTER IDENTIFIED IN THE RESPONSE TO THE QUESTION ON PAGE 6 PART IV, LINE 6, WHICH IS ENTITLED TO NOMINATE AND VOTE ON THE POTENTIAL MEMBERS OF THE BOARD OF GOVERNORS. EACH OF THE OVER 600 COLLEGIATE CHAPTERS IS ENTITLED TO ONE VOTE. ADDITIONALLY, BETA GAMMA SIGMA HAS ESTABLISHED OVER 30 ALUMNI CHAPTERS IN MAJOR METROPOLITAN AREAS. MEMBERSHIP IN AN ALUMNI CHAPTER IS OPEN TO MEMBERS RESIDING IN THAT GEOGRAPHICAL AREA. EACH ALUMNI CHAPTER IS ALSO ENTITLED TO VOTE. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF GOVERNORS IS SUBJECT TO THE BOARD POLICY MANUAL, THE BY-LAWS AND ARTICLES OF INCORPORATION. WHILE THE BOARD IS EMPOWERED TO MAKE CHANGES TO THE BOARD POLICY MANUAL, THE BY-LAWS MAY ONLY BE CHANGED BY THE VOTE OF THE CHAPTERS OF BETA GAMMA SIGMA. THE ACTIONS OF THE BOARD ARE REPORTED TO THE CHAPTERS DURING THE BIENNIAL MEETING OF CHAPTERS ON A FORMAL BASIS, AND INFORMALLY DURING THE ANNUAL MEETING AT WHICH THE CHAPTER REPRESENTATIVES GATHER. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETE DRAFT IS SENT TO THE BOARD OF GOVERNORS BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C BETA GAMMA SIGMA REQUIRES OFFICERS AND EMPLOYEES TO DISCLOSE ALL CONFLICTS OF INTEREST TO THE DIRECTORS AND MEMBERS OF THE COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD SELECTION COMMITTEE OF BETA GAMMA SIGMA DETERMINES COMPENSATION OF THE EXECUTIVE DIRECTOR BASED ON POSITION, EXPERIENCE, AND MARKET RATE. THE EXECUTIVE DIRECTOR DETERMINES COMPENSATION OF OTHER OFFICERS OR KEY EMPLOYEES BASED ON EXPERIENCE AND MARKET RATE. ALL SALARY INFORMATION IS SUBJECT TO REVIEW AND FINAL APPROVAL BY THE BOARD EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE AVAILABLE ON THE WEBSITE OF BETA GAMMA SIGMA (WWW.BETAGAMMASIGMA.ORG). THE CONFLICT OF INTEREST POLICY IS CONTAINED WITHIN THE GOVERNING DOCUMENTS OF THE SOCIETY. A PUBLIC INSPECTION COPY OF THE SOCIETY'S TAX RETURN (FORM 990) IS MAINTAINED IN THE OFFICES OF BETA GAMMA SIGMA, INC.