Alpha Gamma Delta Fraternity
Alpha Gamma Delta Fraternity: Stable Finances, High Program Spending
EIN: 221550561 · Indianapolis, IN · NTEE: B83 · Updated: 2026-04-04
Is Alpha Gamma Delta Fraternity Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alpha Gamma Delta Fraternity directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alpha Gamma Delta Fraternity
Alpha Gamma Delta Fraternity (EIN: 221550561) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code B83. The organization reported total revenue of $6.4M and total assets of $12.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alpha Gamma Delta Fraternity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alpha Gamma Delta Fraternity is a mid-size nonprofit that has been operating for 85 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.4M |
| Total Expenses | $5.1M |
| Surplus / Deficit | $-744,508 |
| Total Assets | $11.7M |
| Total Liabilities | $7.5M |
| Net Assets | $4.2M |
| Operating Margin | -17.0% |
| Debt-to-Asset Ratio | 63.9% |
| Months of Reserves | 27.4 months |
Financial Health Grade: C
In 2023, Alpha Gamma Delta Fraternity reported a deficit of $745K with expenses exceeding revenue, holds 27.4 months of operating reserves (strong position), has a debt-to-asset ratio of 63.9% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Alpha Gamma Delta Fraternity's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.5% | -9.5% | -10.2% |
| 2022 | +2.6% | +25.8% | -7.0% |
| 2021 | +2.3% | -25.6% | +16.8% |
| 2020 | -17.6% | -16.3% | -3.0% |
| 2019 | +4.8% | +14.2% | -9.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1941 |
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 Gamma Delta Fraternity with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Alpha Gamma Delta Fraternity allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $745K, with expenses exceeding revenue.
- Debt-to-asset ratio: 63.9%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, as the 'c' field consistently reports 0% for compensation to officers, directors, trustees, and key employees from unrelated organizations.
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.
Strengths
The following positive indicators were identified for Alpha Gamma Delta Fraternity:
- Consistent revenue generation over several years, with revenues ranging from $4.3M to $6.3M.
- Strong asset base, consistently above $11M, providing financial stability.
- Low liability-to-asset ratio, indicating good financial health.
- Consistent program spending, reflecting a focus on its mission.
Frequently Asked Questions about Alpha Gamma Delta Fraternity
Is Alpha Gamma Delta Fraternity a legitimate charity?
Based on AI analysis of IRS 990 filings, Alpha Gamma Delta Fraternity (EIN: 221550561) appears legitimate. Mission Score: 75/100. 0 red flags identified, 4 strengths noted.
How does Alpha Gamma Delta Fraternity spend its money?
Alpha Gamma Delta Fraternity directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alpha Gamma Delta Fraternity tax-deductible?
Alpha Gamma Delta Fraternity is registered as a tax-exempt nonprofit (EIN: 221550561). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Alpha Gamma Delta Fraternity do?
Alpha Gamma Delta Fraternity is a nonprofit organization in the Education sector, located in Indianapolis, Indiana. It is classified under NTEE code B83.
How much revenue does Alpha Gamma Delta Fraternity have?
Alpha Gamma Delta Fraternity reported total revenue of $6,421,649. Based on 12 IRS 990 filings on record.
What are Alpha Gamma Delta Fraternity's total assets?
Alpha Gamma Delta Fraternity holds total assets of $12,815,524 as reported in IRS 990 filings.
Where is Alpha Gamma Delta Fraternity located?
Alpha Gamma Delta Fraternity is based in Indianapolis, Indiana.
What is Alpha Gamma Delta Fraternity's EIN?
Alpha Gamma Delta Fraternity's Employer Identification Number (EIN) is 221550561. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Alpha Gamma Delta Fraternity?
Alpha Gamma Delta Fraternity is classified under NTEE code B83 (Education).
Is Alpha Gamma Delta Fraternity a registered 501(c)(3)?
Yes, Alpha Gamma Delta Fraternity is recognized as a tax-exempt organization by the IRS. EIN: 221550561.
Does Alpha Gamma Delta Fraternity file IRS Form 990?
Yes, Alpha Gamma Delta Fraternity has 12 IRS Form 990 filings on record. The most recent covers tax period 202305.
What was Alpha Gamma Delta Fraternity's revenue in 2023?
In the 202305 filing period, Alpha Gamma Delta Fraternity reported total revenue of $4,374,047, total expenses of $5,118,555, and net assets of $11,704,156.
Is Alpha Gamma Delta Fraternity's revenue growing or declining?
Alpha Gamma Delta Fraternity's revenue is declining. Revenue went from $5,499,858 (202205) to $4,374,047 (202305), a -20.5% change. Based on 12 filings on record.
What is Alpha Gamma Delta Fraternity's most recent 990 filing?
The most recent IRS Form 990 filing for Alpha Gamma Delta Fraternity covers tax period 202305. It shows revenue of $4,374,047, expenses of $5,118,555, total assets of $11,704,156, and liabilities of $7,476,350.
How much does Alpha Gamma Delta Fraternity spend on programs vs administration?
Based on IRS 990 analysis, Alpha Gamma Delta Fraternity allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Alpha Gamma Delta Fraternity a trustworthy charity?
Based on AI analysis of IRS 990 data, Alpha Gamma Delta Fraternity appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 4 strengths noted.
What are Alpha Gamma Delta Fraternity's strengths?
Positive indicators for Alpha Gamma Delta Fraternity include: Consistent revenue generation over several years, with revenues ranging from $4.3M to $6.3M.. Strong asset base, consistently above $11M, providing financial stability.. Low liability-to-asset ratio, indicating good financial health.. Consistent program spending, reflecting a focus on its mission.. These findings are derived from AI analysis of the organization's financial filings.
How does Alpha Gamma Delta Fraternity compensate executives?
Executive compensation is not explicitly detailed in the provided data, as the 'c' field consistently reports 0% for compensation to officers, directors, trustees, and key employees from unrelated organizations. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent 'c0%' for compensation, how does the organization compensate its leadership, and what is the total compensation for its highest-paid individuals?
The 'c0%' indicates no compensation from unrelated organizations. To understand leadership compensation, one would need to examine the detailed Form 990 filings for direct compensation paid by Alpha Gamma Delta Fraternity itself, which is not provided in this summary data.
What factors contributed to the significant drop in revenue from $5,499,858 in 2022 to $4,374,047 in 2023?
The provided data does not specify the reasons for the revenue decrease. Further analysis of the detailed financial statements for 2022 and 2023 would be required to identify specific contributing factors such as changes in membership dues, investment income, or fundraising activities.
Filing History
IRS 990 filing history for Alpha Gamma Delta Fraternity showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Alpha Gamma Delta Fraternity's revenue has grown by 5%, moving from $4.2M to $4.4M. Total assets increased by 17.8% over the same period, from $9.9M to $11.7M. Total functional expenses rose by 26.2%, from $4.1M to $5.1M. In its most recent filing year (2023), Alpha Gamma Delta Fraternity reported a deficit of $745K, with expenses exceeding revenue. The organization holds $7.5M in liabilities against $11.7M in assets (debt-to-asset ratio: 63.9%), resulting in net assets of $4.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.4M | $5.1M | $11.7M | $7.5M | — | View 990 |
| 2022 | $5.5M | $5.7M | $13.0M | $8.1M | — | View 990 |
| 2021 | $5.4M | $4.5M | $14.0M | $7.7M | — | — |
| 2020 | $5.2M | $6.0M | $12.0M | $7.9M | — | — |
| 2019 | $6.4M | $7.2M | $12.4M | $7.8M | — | View 990 |
| 2018 | $6.1M | $6.3M | $13.7M | $8.2M | — | View 990 |
| 2017 | $6.0M | $6.6M | $13.7M | $7.9M | — | View 990 |
| 2016 | $5.9M | $5.5M | $14.4M | $8.4M | — | View 990 |
| 2015 | $5.6M | $4.4M | $13.6M | $6.3M | — | View 990 |
| 2014 | $4.8M | $5.5M | $11.6M | $5.4M | — | View 990 |
| 2013 | $5.0M | $4.3M | $14.6M | $7.7M | — | View 990 |
| 2012 | $4.2M | $4.1M | $9.9M | $3.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.4M, expenses of $5.1M, and assets of $11.7M (revenue -20.5% year-over-year).
- 2022: Revenue of $5.5M, expenses of $5.7M, and assets of $13.0M (revenue +2.6% year-over-year).
- 2021: Revenue of $5.4M, expenses of $4.5M, and assets of $14.0M (revenue +2.3% year-over-year).
- 2020: Revenue of $5.2M, expenses of $6.0M, and assets of $12.0M (revenue -17.6% year-over-year).
- 2019: Revenue of $6.4M, expenses of $7.2M, and assets of $12.4M (revenue +4.8% year-over-year).
- 2018: Revenue of $6.1M, expenses of $6.3M, and assets of $13.7M (revenue +0.3% year-over-year).
- 2017: Revenue of $6.0M, expenses of $6.6M, and assets of $13.7M (revenue +1.6% year-over-year).
- 2016: Revenue of $5.9M, expenses of $5.5M, and assets of $14.4M (revenue +6.6% year-over-year).
- 2015: Revenue of $5.6M, expenses of $4.4M, and assets of $13.6M (revenue +17.5% year-over-year).
- 2014: Revenue of $4.8M, expenses of $5.5M, and assets of $11.6M (revenue -5.9% year-over-year).
- 2013: Revenue of $5.0M, expenses of $4.3M, and assets of $14.6M (revenue +21.3% year-over-year).
- 2012: Revenue of $4.2M, expenses of $4.1M, and assets of $9.9M.
Data Sources and Methodology
This transparency report for Alpha Gamma Delta 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.