Alpha Pi Chapter Of Theta Chi Fraternity
EIN: 473897785 · Minneapolis, MN · NTEE: Y42
| Metric | Value |
|---|---|
| Total Revenue | $355K |
| Total Expenses | $338K |
| Net Assets | $29K |
Is Alpha Pi Chapter Of Theta Chi Fraternity Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Alpha Pi Chapter Of Theta Chi Fraternity
Alpha Pi Chapter Of Theta Chi Fraternity (EIN: 473897785) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code Y42. The organization reported total revenue of $355K and total assets of $97K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alpha Pi Chapter Of Theta Chi Fraternity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alpha Pi Chapter Of Theta Chi Fraternity is a small nonprofit that has been operating for 10 years, with 9 years of IRS 990 filings on record (2015–2024). Revenue has grown at a compound annual rate of 18.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $310K |
| Total Expenses | $338K |
| Surplus / Deficit | $-28,154 |
| Total Assets | $76K |
| Total Liabilities | $47K |
| Net Assets | $29K |
| Operating Margin | -9.1% |
| Debt-to-Asset Ratio | 61.5% |
| Months of Reserves | 2.7 months |
Financial Health Grade: D
In 2024, Alpha Pi Chapter Of Theta Chi Fraternity reported a deficit of $28K with expenses exceeding revenue, holds 2.7 months of operating reserves (limited), has a debt-to-asset ratio of 61.5% (high leverage).
Financial Trends
Over 9 years of filings (2015–2024), Alpha Pi Chapter Of Theta Chi Fraternity's revenue has grown at a compound annual growth rate (CAGR) of 18.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -0.3% | +8.9% | -27.7% |
| 2023 | +6.1% | +7.1% | +21.3% |
| 2022 | +13.5% | +11.4% | -10.2% |
| 2021 | -18.4% | -13.8% | -4.7% |
| 2020 | +1.4% | +2.6% | +31.3% |
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 Alpha Pi Chapter Of Theta Chi 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 Alpha Pi Chapter Of Theta Chi 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $28K, with expenses exceeding revenue.
- Debt-to-asset ratio: 61.5%.
Frequently Asked Questions about Alpha Pi Chapter Of Theta Chi Fraternity
Is Alpha Pi Chapter Of Theta Chi Fraternity a legitimate charity?
Alpha Pi Chapter Of Theta Chi Fraternity (EIN: 473897785) is a registered tax-exempt nonprofit based in Minnesota. It has 9 years of IRS 990 filings on record. Total revenue: $355K. No red flags identified. Financial health grade: D.
How does Alpha Pi Chapter Of Theta Chi Fraternity spend its money?
Alpha Pi Chapter Of Theta Chi Fraternity reported $355K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Alpha Pi Chapter Of Theta Chi Fraternity tax-deductible?
Alpha Pi Chapter Of Theta Chi Fraternity is registered as a tax-exempt nonprofit (EIN: 473897785). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Alpha Pi Chapter Of Theta Chi Fraternity located?
Alpha Pi Chapter Of Theta Chi Fraternity is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 473897785. It is classified under NTEE code Y42.
How many years of IRS 990 filings does Alpha Pi Chapter Of Theta Chi Fraternity have?
Alpha Pi Chapter Of Theta Chi Fraternity has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $355K in total revenue.
Filing History
IRS 990 filing history for Alpha Pi Chapter Of Theta Chi Fraternity showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2024), Alpha Pi Chapter Of Theta Chi Fraternity's revenue has grown by 342.8%, moving from $70K to $310K. Total assets increased by 213.4% over the same period, from $24K to $76K. Total functional expenses rose by 628.9%, from $46K to $338K. In its most recent filing year (2024), Alpha Pi Chapter Of Theta Chi Fraternity reported a deficit of $28K, with expenses exceeding revenue. The organization holds $47K in liabilities against $76K in assets (debt-to-asset ratio: 61.5%), resulting in net assets of $29K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $310K | $338K | $76K | $47K | — | — |
| 2023 | $311K | $310K | $105K | $47K | — | View 990 |
| 2022 | $293K | $290K | $86K | $29K | — | View 990 |
| 2021 | $258K | $260K | $96K | $42K | — | — |
| 2020 | $316K | $302K | $101K | $45K | — | View 990 |
| 2019 | $312K | $294K | $77K | $35K | — | View 990 |
| 2018 | $256K | $262K | $57K | $33K | — | View 990 |
| 2017 | $186K | $184K | $74K | $45K | — | View 990 |
| 2015 | $70K | $46K | $24K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $310K, expenses of $338K, and assets of $76K (revenue -0.3% year-over-year).
- 2023: Revenue of $311K, expenses of $310K, and assets of $105K (revenue +6.1% year-over-year).
- 2022: Revenue of $293K, expenses of $290K, and assets of $86K (revenue +13.5% year-over-year).
- 2021: Revenue of $258K, expenses of $260K, and assets of $96K (revenue -18.4% year-over-year).
- 2020: Revenue of $316K, expenses of $302K, and assets of $101K (revenue +1.4% year-over-year).
- 2019: Revenue of $312K, expenses of $294K, and assets of $77K (revenue +21.9% year-over-year).
- 2018: Revenue of $256K, expenses of $262K, and assets of $57K (revenue +37.1% year-over-year).
- 2017: Revenue of $186K, expenses of $184K, and assets of $74K (revenue +166.7% year-over-year).
- 2015: Revenue of $70K, expenses of $46K, and assets of $24K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alpha Pi Chapter Of Theta Chi Fraternity:
Data Sources and Methodology
This transparency report for Alpha Pi Chapter Of Theta Chi 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.