Alpha Rho Alumni Association
Alpha Rho Alumni Association maintains strong asset growth and zero officer compensation over a decade.
EIN: 202471391 · Phillipsburg, NJ · NTEE: B84 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $298K |
| Total Expenses | $269K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $750,000. |
| Net Assets | $416K |
| Transparency Score | 90/100 |
Is Alpha Rho Alumni Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alpha Rho Alumni Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alpha Rho Alumni Association
Alpha Rho Alumni Association (EIN: 202471391) is a nonprofit organization based in Phillipsburg, NJ, classified under NTEE code B84. The organization reported total revenue of $298K and total assets of $719K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alpha Rho Alumni Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alpha Rho Alumni Association is a small nonprofit that has been operating for 13 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $335K |
| Total Expenses | $269K |
| Surplus / Deficit | +$66K |
| Total Assets | $758K |
| Total Liabilities | $342K |
| Net Assets | $416K |
| Operating Margin | 19.7% |
| Debt-to-Asset Ratio | 45.1% |
| Months of Reserves | 33.8 months |
Financial Health Grade: A
In 2024, Alpha Rho Alumni Association reported a surplus of $66K with revenue exceeding expenses, holds 33.8 months of operating reserves (strong position), has a debt-to-asset ratio of 45.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2012–2024), Alpha Rho Alumni Association's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +17.1% | +34.1% | -0.7% |
| 2023 | +46.7% | -5.0% | +1.5% |
| 2022 | +33.8% | +61.4% | -3.8% |
| 2021 | +8.7% | -46.4% | +18.5% |
| 2020 | -55.2% | +4.7% | -15.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
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 Rho Alumni Association 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Alpha Rho Alumni Association allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 $66K, with revenue exceeding expenses.
- Debt-to-asset ratio: 45.1%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization is run by volunteers and does not allocate funds to pay its officers, which is highly commendable for an organization of its size with assets reaching over $750,000.
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 Rho Alumni Association:
- Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- Strong asset growth, from $458,324 in 2015 to $757,513 in 2024, demonstrating financial stability and good management.
- Generally operates with a revenue surplus, such as $335,283 revenue vs. $269,135 expenses in 2024, allowing for reinvestment in its mission.
- Long history of IRS 990 filings (13 filings), indicating transparency and compliance.
- Healthy balance sheet with manageable liabilities relative to assets.
Frequently Asked Questions about Alpha Rho Alumni Association
Is Alpha Rho Alumni Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Alpha Rho Alumni Association (EIN: 202471391) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Alpha Rho Alumni Association spend its money?
Alpha Rho Alumni Association directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alpha Rho Alumni Association tax-deductible?
Alpha Rho Alumni Association is registered as a tax-exempt nonprofit (EIN: 202471391). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Alpha Rho Alumni Association CEO make?
Alpha Rho Alumni Association's highest-compensated officer earns $750,000. annually. The organization reported $298K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Alpha Rho Alumni Association's spending goes to programs?
Alpha Rho Alumni Association directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Alpha Rho Alumni Association compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Alpha Rho Alumni Association is above average for NTEE category B84 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Alpha Rho Alumni Association located?
Alpha Rho Alumni Association is headquartered in Phillipsburg, New Jersey and files with the IRS under EIN 202471391. It is classified under NTEE code B84.
How many years of IRS 990 filings does Alpha Rho Alumni Association have?
Alpha Rho Alumni Association has 13 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 $298K in total revenue.
Is Alpha Rho Alumni Association a good charity?
Based on the provided financial data, Alpha Rho Alumni Association appears to be a well-managed organization. It consistently reports 0% officer compensation, demonstrates strong asset growth from $458,324 in 2015 to $757,513 in 2024, and generally operates with a revenue surplus, indicating financial stability and efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has generally improved over time. Revenue has shown an upward trend, reaching $335,283 in 2024 from $218,212 in 2015. Assets have nearly doubled from $458,324 in 2015 to $757,513 in 2024, indicating significant growth and accumulation of resources.
What is the organization's approach to executive compensation?
The Alpha Rho Alumni Association has a highly commendable approach to executive compensation, consistently reporting 0% officer compensation across all 13 available filings. This indicates a volunteer-driven leadership model, ensuring that all funds are directed towards the organization's mission and operations rather than executive salaries.
Filing History
IRS 990 filing history for Alpha Rho Alumni Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Alpha Rho Alumni Association's revenue has grown by 63.3%, moving from $205K to $335K. Total assets increased by 73.7% over the same period, from $436K to $758K. Total functional expenses rose by 31.4%, from $205K to $269K. In its most recent filing year (2024), Alpha Rho Alumni Association reported a surplus of $66K, with revenue exceeding expenses. The organization holds $342K in liabilities against $758K in assets (debt-to-asset ratio: 45.1%), resulting in net assets of $416K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $335K | $269K | $758K | $342K | — | — |
| 2023 | $286K | $201K | $763K | $409K | — | — |
| 2022 | $195K | $211K | $751K | $484K | — | View 990 |
| 2021 | $146K | $131K | $781K | $497K | — | — |
| 2020 | $134K | $244K | $659K | $390K | — | View 990 |
| 2019 | $300K | $233K | $782K | $403K | — | View 990 |
| 2018 | $298K | $214K | $521K | $209K | — | View 990 |
| 2017 | $202K | $177K | $444K | $216K | — | View 990 |
| 2016 | $179K | $204K | $427K | $223K | — | View 990 |
| 2015 | $218K | $204K | $458K | $229K | — | View 990 |
| 2014 | $274K | $256K | $449K | $235K | — | View 990 |
| 2013 | $209K | $201K | $438K | $241K | — | View 990 |
| 2012 | $205K | $205K | $436K | $247K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $335K, expenses of $269K, and assets of $758K (revenue +17.1% year-over-year).
- 2023: Revenue of $286K, expenses of $201K, and assets of $763K (revenue +46.7% year-over-year).
- 2022: Revenue of $195K, expenses of $211K, and assets of $751K (revenue +33.8% year-over-year).
- 2021: Revenue of $146K, expenses of $131K, and assets of $781K (revenue +8.7% year-over-year).
- 2020: Revenue of $134K, expenses of $244K, and assets of $659K (revenue -55.2% year-over-year).
- 2019: Revenue of $300K, expenses of $233K, and assets of $782K (revenue +0.7% year-over-year).
- 2018: Revenue of $298K, expenses of $214K, and assets of $521K (revenue +47.6% year-over-year).
- 2017: Revenue of $202K, expenses of $177K, and assets of $444K (revenue +12.5% year-over-year).
- 2016: Revenue of $179K, expenses of $204K, and assets of $427K (revenue -17.9% year-over-year).
- 2015: Revenue of $218K, expenses of $204K, and assets of $458K (revenue -20.3% year-over-year).
- 2014: Revenue of $274K, expenses of $256K, and assets of $449K (revenue +31.3% year-over-year).
- 2013: Revenue of $209K, expenses of $201K, and assets of $438K (revenue +1.6% year-over-year).
- 2012: Revenue of $205K, expenses of $205K, and assets of $436K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alpha Rho Alumni Association:
Data Sources and Methodology
This transparency report for Alpha Rho Alumni Association 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.