Alpha Epsilon Pi Foundation Inc
Alpha Epsilon Pi Foundation maintains stable assets and consistent spending with no reported officer compensation.
EIN: 136141078 · Indianapolis, IN · NTEE: B83Z · Updated: 2026-03-28
Is Alpha Epsilon Pi Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alpha Epsilon Pi Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alpha Epsilon Pi Foundation Inc
Alpha Epsilon Pi Foundation Inc (EIN: 136141078) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code B83Z. The organization reported total revenue of $3.4M and total assets of $5.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alpha Epsilon Pi Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alpha Epsilon Pi Foundation Inc is a mid-size nonprofit that has been operating for 79 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.6M |
| Surplus / Deficit | +$18K |
| Total Assets | $5.0M |
| Total Liabilities | $108K |
| Net Assets | $4.9M |
| Operating Margin | 0.7% |
| Debt-to-Asset Ratio | 2.2% |
| Months of Reserves | 23.1 months |
Financial Health Grade: A
In 2023, Alpha Epsilon Pi Foundation Inc reported a surplus of $18K with revenue exceeding expenses, holds 23.1 months of operating reserves (strong position), has a debt-to-asset ratio of 2.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Alpha Epsilon Pi Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.2% | +20.4% | +2.6% |
| 2022 | +35.6% | +7.0% | +5.5% |
| 2021 | -46.6% | -23.4% | -0.6% |
| 2020 | +56.9% | -4.9% | +15.1% |
| 2019 | +13.6% | -17.4% | -5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1947 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alpha Epsilon Pi Foundation Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Alpha Epsilon Pi Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $18K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.2%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is notable for an organization with millions in revenue and assets. This suggests either a fully volunteer leadership structure or that executive compensation is reported under different categories, which would require deeper scrutiny of the full 990 forms to understand the true cost of leadership.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Alpha Epsilon Pi Foundation Inc's IRS 990 filings:
- Unclear executive compensation structure given 0% reported officer compensation for an organization of this size.
Strengths
The following positive indicators were identified for Alpha Epsilon Pi Foundation Inc:
- Consistent asset growth from $3.1M in 2014 to $5.0M in 2023.
- Healthy financial position with low liabilities relative to assets.
- Revenue generally covers expenses, indicating operational sustainability (e.g., $2.61M revenue vs. $2.59M expenses in 2023).
Frequently Asked Questions about Alpha Epsilon Pi Foundation Inc
Is Alpha Epsilon Pi Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Alpha Epsilon Pi Foundation Inc (EIN: 136141078) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Alpha Epsilon Pi Foundation Inc spend its money?
Alpha Epsilon Pi Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alpha Epsilon Pi Foundation Inc tax-deductible?
Alpha Epsilon Pi Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136141078). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Alpha Epsilon Pi Foundation Inc. manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation across all available filings suggests either a fully volunteer leadership or that compensation for key management personnel is categorized differently on the full IRS Form 990, such as under 'other salaries and wages' or through related organizations. A detailed review of the full 990, Part VII, Section A would clarify this.
What is the primary driver of the fluctuations in annual revenue?
Revenue has varied significantly, from a low of $1.9 million in 2021 to a high of $4.2 million in 2016. This volatility could be due to the timing of large donations, specific fundraising campaigns, or economic factors affecting donor contributions. Further analysis of the organization's fundraising strategies and donor base would be needed to identify the main drivers.
Are the liabilities of the organization a concern?
Liabilities have generally remained low relative to assets, ranging from $10,718 in 2014 to $346,900 in 2019. In 2023, liabilities were $107,603 against $5.0 million in assets, which is a healthy ratio and does not indicate significant financial risk.
Filing History
IRS 990 filing history for Alpha Epsilon Pi Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Alpha Epsilon Pi Foundation Inc's revenue has grown by 388%, moving from $535K to $2.6M. Total assets increased by 115.6% over the same period, from $2.3M to $5.0M. Total functional expenses rose by 325.9%, from $609K to $2.6M. In its most recent filing year (2023), Alpha Epsilon Pi Foundation Inc reported a surplus of $18K, with revenue exceeding expenses. The organization holds $108K in liabilities against $5.0M in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $4.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.6M | $5.0M | $108K | — | View 990 |
| 2022 | $2.6M | $2.2M | $4.9M | $23K | — | View 990 |
| 2021 | $1.9M | $2.0M | $4.6M | $51K | — | View 990 |
| 2020 | $3.6M | $2.6M | $4.7M | $175K | — | View 990 |
| 2019 | $2.3M | $2.8M | $4.0M | $347K | — | View 990 |
| 2018 | $2.0M | $3.3M | $4.3M | $102K | — | View 990 |
| 2017 | $2.1M | $2.4M | $5.7M | $206K | — | View 990 |
| 2016 | $4.3M | $2.4M | $5.9M | $327K | — | View 990 |
| 2015 | $2.2M | $1.6M | $3.7M | $27K | — | View 990 |
| 2014 | $2.5M | $1.4M | $3.1M | $11K | — | View 990 |
| 2013 | $918K | $1.1M | $2.1M | $12K | — | View 990 |
| 2012 | $791K | $848K | $2.3M | $3K | — | View 990 |
| 2011 | $535K | $609K | $2.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.6M, and assets of $5.0M (revenue +0.2% year-over-year).
- 2022: Revenue of $2.6M, expenses of $2.2M, and assets of $4.9M (revenue +35.6% year-over-year).
- 2021: Revenue of $1.9M, expenses of $2.0M, and assets of $4.6M (revenue -46.6% year-over-year).
- 2020: Revenue of $3.6M, expenses of $2.6M, and assets of $4.7M (revenue +56.9% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.8M, and assets of $4.0M (revenue +13.6% year-over-year).
- 2018: Revenue of $2.0M, expenses of $3.3M, and assets of $4.3M (revenue -3.2% year-over-year).
- 2017: Revenue of $2.1M, expenses of $2.4M, and assets of $5.7M (revenue -51.2% year-over-year).
- 2016: Revenue of $4.3M, expenses of $2.4M, and assets of $5.9M (revenue +94.3% year-over-year).
- 2015: Revenue of $2.2M, expenses of $1.6M, and assets of $3.7M (revenue -10.2% year-over-year).
- 2014: Revenue of $2.5M, expenses of $1.4M, and assets of $3.1M (revenue +167.2% year-over-year).
- 2013: Revenue of $918K, expenses of $1.1M, and assets of $2.1M (revenue +16.0% year-over-year).
- 2012: Revenue of $791K, expenses of $848K, and assets of $2.3M (revenue +47.8% year-over-year).
- 2011: Revenue of $535K, expenses of $609K, and assets of $2.3M.
Data Sources and Methodology
This transparency report for Alpha Epsilon Pi Foundation Inc 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.