Alpha Sigma Alpha Sorority
EIN: 463542401 · Indianapolis, IN
| Metric | Value |
|---|---|
| Total Revenue | $178K |
| Total Expenses | $120K |
| Net Assets | $69K |
Is Alpha Sigma Alpha Sorority Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Alpha Sigma Alpha Sorority
Alpha Sigma Alpha Sorority (EIN: 463542401) is a nonprofit organization based in Indianapolis, IN. The organization reported total revenue of $178K and total assets of $84K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alpha Sigma Alpha Sorority's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alpha Sigma Alpha Sorority is a small nonprofit that has been operating for 79 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 10.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $91K |
| Total Expenses | $120K |
| Surplus / Deficit | $-29,428 |
| Total Assets | $73K |
| Total Liabilities | $4K |
| Net Assets | $69K |
| Operating Margin | -32.4% |
| Debt-to-Asset Ratio | 5.6% |
| Months of Reserves | 7.3 months |
Financial Health Grade: B
In 2023, Alpha Sigma Alpha Sorority reported a deficit of $29K with expenses exceeding revenue, holds 7.3 months of operating reserves (strong position), has a debt-to-asset ratio of 5.6% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Alpha Sigma Alpha Sorority's revenue has grown at a compound annual growth rate (CAGR) of 10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.8% | +30.1% | -28.2% |
| 2022 | +35.8% | +15.7% | +9.3% |
| 2021 | -5.5% | -21.5% | +25.2% |
| 2020 | +3.3% | -2.9% | +30.4% |
| 2019 | +8.0% | +15.9% | -11.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1947 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alpha Sigma Alpha Sorority 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 Sigma Alpha Sorority 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $29K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.6%.
Frequently Asked Questions about Alpha Sigma Alpha Sorority
Is Alpha Sigma Alpha Sorority a legitimate charity?
Alpha Sigma Alpha Sorority (EIN: 463542401) is a registered tax-exempt nonprofit based in Indiana. It has 11 years of IRS 990 filings on record. Total revenue: $178K. No red flags identified. Financial health grade: B.
How does Alpha Sigma Alpha Sorority spend its money?
Alpha Sigma Alpha Sorority reported $178K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Alpha Sigma Alpha Sorority tax-deductible?
Alpha Sigma Alpha Sorority is registered as a tax-exempt nonprofit (EIN: 463542401). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Alpha Sigma Alpha Sorority located?
Alpha Sigma Alpha Sorority is headquartered in Indianapolis, Indiana and files with the IRS under EIN 463542401.
How many years of IRS 990 filings does Alpha Sigma Alpha Sorority have?
Alpha Sigma Alpha Sorority has 11 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 $178K in total revenue.
Filing History
IRS 990 filing history for Alpha Sigma Alpha Sorority showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Alpha Sigma Alpha Sorority's revenue has grown by 167.9%, moving from $34K to $91K. Total assets increased by 2327.4% over the same period, from $3K to $73K. Total functional expenses rose by 289.2%, from $31K to $120K. In its most recent filing year (2023), Alpha Sigma Alpha Sorority reported a deficit of $29K, with expenses exceeding revenue. The organization holds $4K in liabilities against $73K in assets (debt-to-asset ratio: 5.6%), resulting in net assets of $69K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $91K | $120K | $73K | $4K | — | — |
| 2022 | $137K | $93K | $102K | $3K | — | View 990 |
| 2021 | $101K | $80K | $93K | $40K | — | View 990 |
| 2020 | $107K | $102K | $74K | $42K | — | View 990 |
| 2019 | $104K | $105K | $57K | $30K | — | View 990 |
| 2018 | $96K | $90K | $64K | $36K | — | — |
| 2017 | $119K | $111K | $51K | $27K | — | View 990 |
| 2016 | $104K | $96K | $38K | $23K | — | View 990 |
| 2015 | $71K | $77K | $7K | $0 | — | View 990 |
| 2014 | $64K | $54K | $13K | $0 | — | View 990 |
| 2013 | $34K | $31K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $91K, expenses of $120K, and assets of $73K (revenue -33.8% year-over-year).
- 2022: Revenue of $137K, expenses of $93K, and assets of $102K (revenue +35.8% year-over-year).
- 2021: Revenue of $101K, expenses of $80K, and assets of $93K (revenue -5.5% year-over-year).
- 2020: Revenue of $107K, expenses of $102K, and assets of $74K (revenue +3.3% year-over-year).
- 2019: Revenue of $104K, expenses of $105K, and assets of $57K (revenue +8.0% year-over-year).
- 2018: Revenue of $96K, expenses of $90K, and assets of $64K (revenue -19.5% year-over-year).
- 2017: Revenue of $119K, expenses of $111K, and assets of $51K (revenue +14.3% year-over-year).
- 2016: Revenue of $104K, expenses of $96K, and assets of $38K (revenue +46.8% year-over-year).
- 2015: Revenue of $71K, expenses of $77K, and assets of $7K (revenue +11.4% year-over-year).
- 2014: Revenue of $64K, expenses of $54K, and assets of $13K (revenue +87.8% year-over-year).
- 2013: Revenue of $34K, expenses of $31K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alpha Sigma Alpha Sorority:
Data Sources and Methodology
This transparency report for Alpha Sigma Alpha Sorority 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.