Alabama Beta Chapter Of The Sigma Phi Epsilon Fraternity
EIN: 462071035 · Tuscaloosa, AL · NTEE: B83
Is Alabama Beta Chapter Of The Sigma Phi Epsilon Fraternity Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Alabama Beta Chapter Of The Sigma Phi Epsilon Fraternity
Alabama Beta Chapter Of The Sigma Phi Epsilon Fraternity (EIN: 462071035) is a nonprofit organization based in Tuscaloosa, AL, classified under NTEE code B83. The organization reported total revenue of $1.3M and total assets of $37K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alabama Beta Chapter Of The Sigma Phi Epsilon Fraternity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alabama Beta Chapter Of The Sigma Phi Epsilon Fraternity is a mid-size nonprofit that has been operating for 10 years, with 15 years of IRS 990 filings on record (2008–2023). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-33,202 |
| Total Assets | $37K |
| Net Assets | $37K |
| Operating Margin | -2.6% |
| Months of Reserves | 0.3 months |
Financial Health Grade: C
In 2023, Alabama Beta Chapter Of The Sigma Phi Epsilon Fraternity reported a deficit of $33K with expenses exceeding revenue, holds 0.3 months of operating reserves (limited).
Financial Trends
Over 15 years of filings (2008–2023), Alabama Beta Chapter Of The Sigma Phi Epsilon Fraternity's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.4% | -1.9% | -47.2% |
| 2022 | +32.6% | +56.1% | -43.1% |
| 2021 | +18.6% | +6.2% | +894.5% |
| 2020 | -3.4% | -9.1% | +448.5% |
| 2019 | +1.7% | +8.7% | -96.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alabama Beta Chapter Of The Sigma Phi Epsilon Fraternity has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alabama Beta Chapter Of The Sigma Phi Epsilon Fraternity with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $33K, with expenses exceeding revenue.
Frequently Asked Questions about Alabama Beta Chapter Of The Sigma Phi Epsilon Fraternity
Is Alabama Beta Chapter Of The Sigma Phi Epsilon Fraternity a legitimate charity?
Based on AI analysis of IRS 990 filings, Alabama Beta Chapter Of The Sigma Phi Epsilon Fraternity (EIN: 462071035) insufficient data. 0 red flags identified, 0 strengths noted.
How does Alabama Beta Chapter Of The Sigma Phi Epsilon Fraternity spend its money?
Detailed spending breakdown data is not yet available for Alabama Beta Chapter Of The Sigma Phi Epsilon Fraternity. Check back for updated IRS 990 analysis.
Are donations to Alabama Beta Chapter Of The Sigma Phi Epsilon Fraternity tax-deductible?
Alabama Beta Chapter Of The Sigma Phi Epsilon Fraternity is registered as a tax-exempt nonprofit (EIN: 462071035). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Alabama Beta Chapter Of The Sigma Phi Epsilon Fraternity showing financial trends over 15 years of public records:
Over 15 years of IRS 990 filings (2008–2023), Alabama Beta Chapter Of The Sigma Phi Epsilon Fraternity's revenue has grown by 186.8%, moving from $444K to $1.3M. Total assets increased by 11158.2% over the same period, from $330 to $37K. Total functional expenses rose by 193%, from $446K to $1.3M. In its most recent filing year (2023), Alabama Beta Chapter Of The Sigma Phi Epsilon Fraternity reported a deficit of $33K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.3M | $37K | $0 | — | View 990 |
| 2022 | $1.3M | $1.3M | $70K | $0 | — | — |
| 2021 | $963K | $852K | $124K | $161 | — | View 990 |
| 2020 | $812K | $802K | $12K | $545 | — | — |
| 2019 | $841K | $883K | $2K | $200 | — | — |
| 2018 | $827K | $812K | $71K | $0 | — | View 990 |
| 2017 | $384K | $349K | $56K | $0 | — | View 990 |
| 2015 | $526K | $506K | $47K | $0 | — | View 990 |
| 2014 | $288K | $307K | $23K | $0 | — | View 990 |
| 2013 | $141K | $135K | $42K | $0 | — | View 990 |
| 2012 | $80K | $55K | $36K | $0 | — | View 990 |
| 2011 | $67K | $56K | $11K | $0 | — | View 990 |
| 2010 | $2K | $10K | $1 | $0 | — | View 990 |
| 2009 | $17K | $9K | $9K | $0 | — | View 990 |
| 2008 | $444K | $446K | $330 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.3M, and assets of $37K (revenue -0.4% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.3M, and assets of $70K (revenue +32.6% year-over-year).
- 2021: Revenue of $963K, expenses of $852K, and assets of $124K (revenue +18.6% year-over-year).
- 2020: Revenue of $812K, expenses of $802K, and assets of $12K (revenue -3.4% year-over-year).
- 2019: Revenue of $841K, expenses of $883K, and assets of $2K (revenue +1.7% year-over-year).
- 2018: Revenue of $827K, expenses of $812K, and assets of $71K (revenue +115.4% year-over-year).
- 2017: Revenue of $384K, expenses of $349K, and assets of $56K (revenue -27.0% year-over-year).
- 2015: Revenue of $526K, expenses of $506K, and assets of $47K (revenue +82.7% year-over-year).
- 2014: Revenue of $288K, expenses of $307K, and assets of $23K (revenue +104.7% year-over-year).
- 2013: Revenue of $141K, expenses of $135K, and assets of $42K (revenue +76.7% year-over-year).
- 2012: Revenue of $80K, expenses of $55K, and assets of $36K (revenue +19.1% year-over-year).
- 2011: Revenue of $67K, expenses of $56K, and assets of $11K (revenue +4112.8% year-over-year).
- 2010: Revenue of $2K, expenses of $10K, and assets of $1 (revenue -90.9% year-over-year).
- 2009: Revenue of $17K, expenses of $9K, and assets of $9K (revenue -96.1% year-over-year).
- 2008: Revenue of $444K, expenses of $446K, and assets of $330.
Data Sources and Methodology
This transparency report for Alabama Beta Chapter Of The Sigma Phi Epsilon Fraternity is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.