Quick charity verification for Alpha Chi Alpha Fraternity (EIN: 20241594)
Verdict: Alpha Chi Alpha Fraternity appears trustworthy
92/100Mission Score
$89KRevenue
$106KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent positive net income in most recent years (e.g., $12,949 in 2023).
Zero reported liabilities across all ten filing periods.
Significant asset growth from $56,855 in 2020 to $112,714 in 2023.
0% officer compensation, indicating volunteer leadership and efficient use of funds.
Consistent filing of IRS Form 990s over a decade, demonstrating transparency.
Spending Breakdown
How Alpha Chi Alpha Fraternity allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Alpha Chi Alpha Fraternity
Is Alpha Chi Alpha Fraternity a legitimate charity?
Based on AI analysis of IRS 990 filings, Alpha Chi Alpha Fraternity (EIN: 20241594) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Alpha Chi Alpha Fraternity a good charity to donate to?
Alpha Chi Alpha Fraternity has a Mission Score of 92/100. Revenue: $89K. Assets: $106K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Alpha Chi Alpha Fraternity?
The Employer Identification Number (EIN) for Alpha Chi Alpha Fraternity is 20241594. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Alpha Chi Alpha Fraternity spend its money?
Alpha Chi Alpha Fraternity allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Alpha Chi Alpha Fraternity's tax-exempt status?
You can verify Alpha Chi Alpha Fraternity's tax-exempt status using EIN 20241594 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Alpha Chi Alpha Fraternity demonstrates consistent financial health with a positive net income in most recent years. For example, in 2023, revenue was $76,677 against expenses of $63,728, indicating a surplus. The organization's assets have shown growth, increasing from $56,855 in 2020 to $112,714 in 2023, suggesting sound financial management and accumulation of resources. The absence of liabilities across all reported periods is a significant strength, indicating a debt-free operation.
Spending efficiency appears strong, particularly given the consistent surpluses and the fact that officer compensation is reported as 0% across all filings. This suggests that resources are primarily directed towards the organization's mission rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall financial picture points to efficient use of funds.
Transparency is high, as evidenced by the consistent filing of IRS Form 990s over a decade and the clear reporting of key financial metrics. The lack of officer compensation further enhances trust, as it implies a volunteer-driven leadership structure. The organization's financial stability and clear reporting contribute to a positive assessment of its transparency and accountability.