Is Theta Chi Fraternity Inc Legit?

Quick charity verification for Theta Chi Fraternity Inc (EIN: 210577978)

Verdict: Theta Chi Fraternity Inc shows mixed signals

65/100Mission Score
$6.4MRevenue
$2.2MAssets
4Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Theta Chi Fraternity Inc allocates its funds across programs, administration, and fundraising.

70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Theta Chi Fraternity Inc

Is Theta Chi Fraternity Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Theta Chi Fraternity Inc (EIN: 210577978) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.

Is Theta Chi Fraternity Inc a good charity to donate to?

Theta Chi Fraternity Inc has a Mission Score of 65/100. Revenue: $6.4M. Assets: $2.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Theta Chi Fraternity Inc?

The Employer Identification Number (EIN) for Theta Chi Fraternity Inc is 210577978. 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 Theta Chi Fraternity Inc spend its money?

Theta Chi Fraternity Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Theta Chi Fraternity Inc's tax-exempt status?

You can verify Theta Chi Fraternity Inc's tax-exempt status using EIN 210577978 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

Theta Chi Fraternity Inc. demonstrates a fluctuating financial picture over the past several years. While the organization consistently generates substantial revenue, with the latest reported revenue at $6,440,364, it has also experienced periods of significant net losses, notably in 2023 ($5,802,095 revenue vs. $6,651,701 expenses) and 2022 ($5,783,656 revenue vs. $9,661,080 expenses). This indicates that expenses have at times outpaced income, leading to a reduction in assets from a high of $8,100,718 in 2020 to $2,208,005 currently. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available, and the reported 0% officer compensation suggests that executive pay is not a significant drain on resources, or is not reported in a way that is immediately visible as 'officer compensation' on the 990. However, the substantial decrease in assets warrants further investigation into the underlying causes of these financial shifts and how they impact long-term sustainability and program delivery.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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