Alpha Phi Fraternity Gamma Etahousing Corporation
Alpha Phi Fraternity Gamma Etahousing Corporation consistently maintains financial stability with volunteer leadership and growing assets.
EIN: 208204868 · Denver, CO · NTEE: B83 · Updated: 2026-03-28
Is Alpha Phi Fraternity Gamma Etahousing Corporation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alpha Phi Fraternity Gamma Etahousing Corporation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alpha Phi Fraternity Gamma Etahousing Corporation
Alpha Phi Fraternity Gamma Etahousing Corporation (EIN: 208204868) is a nonprofit organization based in Denver, CO, classified under NTEE code B83. The organization reported total revenue of $226K and total assets of $479K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alpha Phi Fraternity Gamma Etahousing Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alpha Phi Fraternity Gamma Etahousing Corporation is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $228K |
| Total Expenses | $215K |
| Surplus / Deficit | +$13K |
| Total Assets | $483K |
| Total Liabilities | $16K |
| Net Assets | $467K |
| Operating Margin | 5.9% |
| Debt-to-Asset Ratio | 3.4% |
| Months of Reserves | 27.0 months |
Financial Health Grade: A
In 2024, Alpha Phi Fraternity Gamma Etahousing Corporation reported a surplus of $13K with revenue exceeding expenses, holds 27.0 months of operating reserves (strong position), has a debt-to-asset ratio of 3.4% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Alpha Phi Fraternity Gamma Etahousing Corporation's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +8.0% | -3.7% | +2.8% |
| 2023 | -2.7% | +6.7% | -2.5% |
| 2022 | -1.1% | +6.2% | +1.7% |
| 2021 | +3.4% | -2.7% | +5.0% |
| 2020 | -0.2% | +1.7% | +2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Phi Fraternity Gamma Etahousing Corporation with a Mission Score of 90 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Alpha Phi Fraternity Gamma Etahousing Corporation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $13K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization is likely managed by volunteers, which is highly efficient for a nonprofit of this size with annual revenues around $200,000.
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 Phi Fraternity Gamma Etahousing Corporation:
- Consistent financial surpluses (e.g., $228,139 revenue vs. $214,774 expenses in 202406).
- Steady growth in assets, from $395,687 in 201506 to $483,319 in 202406.
- 0% officer compensation across all filings, indicating volunteer leadership and high efficiency.
- Low and stable liabilities, consistently around $16,250 in recent years.
- Strong transparency with 13 consistent IRS 990 filings.
Frequently Asked Questions about Alpha Phi Fraternity Gamma Etahousing Corporation
Is Alpha Phi Fraternity Gamma Etahousing Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Alpha Phi Fraternity Gamma Etahousing Corporation (EIN: 208204868) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Alpha Phi Fraternity Gamma Etahousing Corporation spend its money?
Alpha Phi Fraternity Gamma Etahousing Corporation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alpha Phi Fraternity Gamma Etahousing Corporation tax-deductible?
Alpha Phi Fraternity Gamma Etahousing Corporation is registered as a tax-exempt nonprofit (EIN: 208204868). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Alpha Phi Fraternity Gamma Etahousing Corporation a good charity?
Based on the provided financial data, the organization appears to be a well-managed entity. It consistently generates more revenue than expenses, has growing assets, and reports 0% officer compensation, suggesting high efficiency and volunteer leadership. Its consistent IRS 990 filings also indicate good transparency.
How has the organization's financial health changed over the past decade?
The organization has shown consistent financial health over the past decade. Revenues have remained stable, generally between $210,000 and $230,000 annually, and assets have steadily grown from $395,687 in 201506 to $483,319 in 202406. Liabilities have also remained low and stable.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is to pay none. Officer compensation has been reported as 0% in all 13 available filings, indicating a volunteer-led structure.
Filing History
IRS 990 filing history for Alpha Phi Fraternity Gamma Etahousing Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Alpha Phi Fraternity Gamma Etahousing Corporation's revenue has declined by 8.8%, moving from $250K to $228K. Total assets increased by 22.9% over the same period, from $393K to $483K. Total functional expenses rose by 34.6%, from $160K to $215K. In its most recent filing year (2024), Alpha Phi Fraternity Gamma Etahousing Corporation reported a surplus of $13K, with revenue exceeding expenses. The organization holds $16K in liabilities against $483K in assets (debt-to-asset ratio: 3.4%), resulting in net assets of $467K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $228K | $215K | $483K | $16K | — | — |
| 2023 | $211K | $223K | $470K | $16K | — | View 990 |
| 2022 | $217K | $209K | $482K | $16K | — | View 990 |
| 2021 | $220K | $197K | $474K | $16K | — | — |
| 2020 | $212K | $202K | $451K | $16K | — | — |
| 2019 | $213K | $199K | $441K | $16K | — | View 990 |
| 2018 | $223K | $200K | $426K | $15K | — | — |
| 2017 | $214K | $189K | $403K | $15K | — | View 990 |
| 2016 | $219K | $181K | $406K | $43K | — | View 990 |
| 2015 | $212K | $189K | $396K | $71K | — | View 990 |
| 2014 | $206K | $187K | $397K | $96K | — | View 990 |
| 2013 | $205K | $172K | $418K | $137K | — | View 990 |
| 2012 | $250K | $160K | $393K | $145K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $228K, expenses of $215K, and assets of $483K (revenue +8.0% year-over-year).
- 2023: Revenue of $211K, expenses of $223K, and assets of $470K (revenue -2.7% year-over-year).
- 2022: Revenue of $217K, expenses of $209K, and assets of $482K (revenue -1.1% year-over-year).
- 2021: Revenue of $220K, expenses of $197K, and assets of $474K (revenue +3.4% year-over-year).
- 2020: Revenue of $212K, expenses of $202K, and assets of $451K (revenue -0.2% year-over-year).
- 2019: Revenue of $213K, expenses of $199K, and assets of $441K (revenue -4.6% year-over-year).
- 2018: Revenue of $223K, expenses of $200K, and assets of $426K (revenue +4.0% year-over-year).
- 2017: Revenue of $214K, expenses of $189K, and assets of $403K (revenue -2.2% year-over-year).
- 2016: Revenue of $219K, expenses of $181K, and assets of $406K (revenue +3.3% year-over-year).
- 2015: Revenue of $212K, expenses of $189K, and assets of $396K (revenue +2.8% year-over-year).
- 2014: Revenue of $206K, expenses of $187K, and assets of $397K (revenue +0.7% year-over-year).
- 2013: Revenue of $205K, expenses of $172K, and assets of $418K (revenue -18.0% year-over-year).
- 2012: Revenue of $250K, expenses of $160K, and assets of $393K.
Data Sources and Methodology
This transparency report for Alpha Phi Fraternity Gamma Etahousing Corporation 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.