Alpha Tau Omega Fraternity
Alpha Tau Omega Fraternity consistently generates positive net income with zero officer compensation.
EIN: 200260124 · Troy, AL · NTEE: B83 · Updated: 2026-03-28
Is Alpha Tau Omega Fraternity Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alpha Tau Omega Fraternity directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alpha Tau Omega Fraternity
Alpha Tau Omega Fraternity (EIN: 200260124) is a nonprofit organization based in Troy, AL, classified under NTEE code B83. The organization reported total revenue of $189K and total assets of $67K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alpha Tau Omega Fraternity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alpha Tau Omega Fraternity is a small nonprofit that has been operating for 12 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 14.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $210K |
| Total Expenses | $206K |
| Surplus / Deficit | +$4K |
| Total Assets | $38K |
| Net Assets | $38K |
| Operating Margin | 1.7% |
| Months of Reserves | 2.2 months |
Financial Health Grade: A
In 2023, Alpha Tau Omega Fraternity reported a surplus of $4K with revenue exceeding expenses, holds 2.2 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2019–2023), Alpha Tau Omega Fraternity's revenue has grown at a compound annual growth rate (CAGR) of 14.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +63.0% | +61.0% | +10.2% |
| 2022 | -4.1% | +2.0% | +9.5% |
| 2021 | +12.0% | +8.9% | +37.5% |
| 2020 | -2.4% | +2.3% | +24.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 Tau Omega Fraternity with a Mission Score of 85 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 Tau Omega Fraternity 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of its size with revenues ranging from $119,914 to $209,940.
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 Tau Omega Fraternity:
- Consistent positive net income, with revenue exceeding expenses in all reported periods.
- Zero officer compensation, indicating volunteer leadership and efficient use of funds.
- Steady growth in assets, from $18,259 in 2019 to $37,718 in 2023.
- No reported liabilities across all filing periods, demonstrating strong financial health and no debt.
- Revenue growth from $122,857 in 2019 to $209,940 in 2023.
Frequently Asked Questions about Alpha Tau Omega Fraternity
Is Alpha Tau Omega Fraternity a legitimate charity?
Based on AI analysis of IRS 990 filings, Alpha Tau Omega Fraternity (EIN: 200260124) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Alpha Tau Omega Fraternity spend its money?
Alpha Tau Omega Fraternity directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alpha Tau Omega Fraternity tax-deductible?
Alpha Tau Omega Fraternity is registered as a tax-exempt nonprofit (EIN: 200260124). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Alpha Tau Omega Fraternity a good charity?
Based on the provided financial data, Alpha Tau Omega Fraternity appears to be a well-managed organization. It consistently generates positive net income, has growing assets, and reports zero officer compensation, indicating efficient use of funds and volunteer leadership. The absence of liabilities is also a strong positive indicator of financial health.
How has the organization's revenue changed over time?
The organization's revenue has shown a general upward trend, increasing from $122,857 in 2019 to $209,940 in 2023, with a slight dip in 2022. This indicates a growing financial capacity.
What is the organization's asset growth like?
Alpha Tau Omega Fraternity has consistently grown its assets, from $18,259 in 2019 to $37,718 in 2023. This steady accumulation of assets, coupled with zero liabilities, suggests strong financial stewardship and increasing reserves.
Filing History
IRS 990 filing history for Alpha Tau Omega Fraternity showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Alpha Tau Omega Fraternity's revenue has grown by 70.9%, moving from $123K to $210K. Total assets increased by 106.6% over the same period, from $18K to $38K. Total functional expenses rose by 82.9%, from $113K to $206K. In its most recent filing year (2023), Alpha Tau Omega Fraternity reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $210K | $206K | $38K | $0 | — | — |
| 2022 | $129K | $128K | $34K | $0 | — | View 990 |
| 2021 | $134K | $126K | $31K | $0 | — | — |
| 2020 | $120K | $115K | $23K | $0 | — | View 990 |
| 2019 | $123K | $113K | $18K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $210K, expenses of $206K, and assets of $38K (revenue +63.0% year-over-year).
- 2022: Revenue of $129K, expenses of $128K, and assets of $34K (revenue -4.1% year-over-year).
- 2021: Revenue of $134K, expenses of $126K, and assets of $31K (revenue +12.0% year-over-year).
- 2020: Revenue of $120K, expenses of $115K, and assets of $23K (revenue -2.4% year-over-year).
- 2019: Revenue of $123K, expenses of $113K, and assets of $18K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alpha Tau Omega Fraternity:
Data Sources and Methodology
This transparency report for Alpha Tau Omega 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.