Alpha Xi Alumni Association
Alpha Xi Alumni Association: Revenue Surges, Spending Efficiency Needs Scrutiny
EIN: 221714007 · Hoboken, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $314K |
| Total Expenses | $214K |
| Program Spending | 55% |
| Net Assets | $140K |
| Transparency Score | 65/100 |
Is Alpha Xi Alumni Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alpha Xi Alumni Association directs 55% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Alpha Xi Alumni Association
Alpha Xi Alumni Association (EIN: 221714007) is a nonprofit organization based in Hoboken, NJ. The organization reported total revenue of $314K and total assets of $140K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alpha Xi Alumni Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alpha Xi Alumni Association is a small nonprofit that has been operating for 3 years, with 16 years of IRS 990 filings on record (2009–2024). Revenue has grown at a compound annual rate of 9.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $314K |
| Total Expenses | $214K |
| Surplus / Deficit | +$101K |
| Total Assets | $140K |
| Net Assets | $140K |
| Operating Margin | 32.0% |
| Months of Reserves | 7.8 months |
Financial Health Grade: A
In 2024, Alpha Xi Alumni Association reported a surplus of $101K with revenue exceeding expenses, holds 7.8 months of operating reserves (strong position).
Financial Trends
Over 16 years of filings (2009–2024), Alpha Xi Alumni Association's revenue has grown at a compound annual growth rate (CAGR) of 9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +230.1% | +60.7% | +258.0% |
| 2023 | +1765.7% | +118.3% | -49.2% |
| 2022 | -94.4% | -10.4% | -42.2% |
| 2021 | -9.5% | +75.1% | +19.4% |
| 2020 | +501475.0% | -5.9% | +109.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
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 Xi Alumni Association with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 25%
- programs: 55%
- fundraising: 20%
According to IRS 990 filings, Alpha Xi Alumni Association allocates its expenses as follows: admin: 25%, programs: 55%, fundraising: 20%. Approximately 55% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $101K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, as the organization likely files a Form 990-EZ which does not require individual compensation disclosures for smaller organizations.
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.
Red Flags
The following concerns were identified during AI analysis of Alpha Xi Alumni Association's IRS 990 filings:
- Significant fluctuations in revenue and expenses year-over-year, with expenses exceeding revenue in several past periods (e.g., 202306: revenue $95,207, expenses $132,997).
- The organization's net assets have shown considerable variability, from $132,874 in 202106 to $38,970 in 202306, before recovering to $139,508 in 202406.
Strengths
The following positive indicators were identified for Alpha Xi Alumni Association:
- Strong recent revenue growth, with $314,322 reported in 202406, a substantial increase from previous years.
- Consistent filing of financial documents, indicating a commitment to regulatory compliance.
Frequently Asked Questions about Alpha Xi Alumni Association
Is Alpha Xi Alumni Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Alpha Xi Alumni Association (EIN: 221714007) some concerns. Mission Score: 65/100. 2 red flags identified, 2 strengths noted.
How does Alpha Xi Alumni Association spend its money?
Alpha Xi Alumni Association directs 55% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alpha Xi Alumni Association tax-deductible?
Alpha Xi Alumni Association is registered as a tax-exempt nonprofit (EIN: 221714007). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Alpha Xi Alumni Association's spending goes to programs?
Alpha Xi Alumni Association directs 55% to programs, 20% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Alpha Xi Alumni Association located?
Alpha Xi Alumni Association is headquartered in Hoboken, New Jersey and files with the IRS under EIN 221714007.
How many years of IRS 990 filings does Alpha Xi Alumni Association have?
Alpha Xi Alumni Association has 16 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 $314K in total revenue.
What does Alpha Xi Alumni Association do?
Alpha Xi Alumni Association is a nonprofit organization in the Unknown sector, located in Hoboken, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Alpha Xi Alumni Association have?
Alpha Xi Alumni Association reported total revenue of $314,322. Based on 16 IRS 990 filings on record.
What are Alpha Xi Alumni Association's total assets?
Alpha Xi Alumni Association holds total assets of $139,508 as reported in IRS 990 filings.
Where is Alpha Xi Alumni Association located?
Alpha Xi Alumni Association is based in Hoboken, New Jersey.
What is Alpha Xi Alumni Association's EIN?
Alpha Xi Alumni Association's Employer Identification Number (EIN) is 221714007. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Alpha Xi Alumni Association?
Alpha Xi Alumni Association is classified under NTEE code Unknown (Unknown).
Is Alpha Xi Alumni Association a registered 501(c)(3)?
Alpha Xi Alumni Association appears in IRS records (EIN: 221714007). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Alpha Xi Alumni Association file IRS Form 990?
Yes, Alpha Xi Alumni Association has 16 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Alpha Xi Alumni Association's revenue in 2024?
In the 202406 filing period, Alpha Xi Alumni Association reported total revenue of $314,322, total expenses of $213,784, and net assets of $139,508.
Is Alpha Xi Alumni Association's revenue growing or declining?
Alpha Xi Alumni Association's revenue is growing. Revenue went from $95,207 (202306) to $314,322 (202406), a +230.1% change. Based on 16 filings on record.
What is Alpha Xi Alumni Association's most recent 990 filing?
The most recent IRS Form 990 filing for Alpha Xi Alumni Association covers tax period 202406. It shows revenue of $314,322, expenses of $213,784, total assets of $139,508, and liabilities of N/A.
How much does Alpha Xi Alumni Association spend on programs vs administration?
Based on IRS 990 analysis, Alpha Xi Alumni Association allocates approximately 55% of expenses to program services, 25% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Alpha Xi Alumni Association a trustworthy charity?
Based on AI analysis of IRS 990 data, Alpha Xi Alumni Association shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Alpha Xi Alumni Association?
The following concerns were identified: Significant fluctuations in revenue and expenses year-over-year, with expenses exceeding revenue in several past periods (e.g., 202306: revenue $95,207, expenses $132,997).. The organization's net assets have shown considerable variability, from $132,874 in 202106 to $38,970 in 202306, before recovering to $139,508 in 202406.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Alpha Xi Alumni Association's strengths?
Positive indicators for Alpha Xi Alumni Association include: Strong recent revenue growth, with $314,322 reported in 202406, a substantial increase from previous years.. Consistent filing of financial documents, indicating a commitment to regulatory compliance.. These findings are derived from AI analysis of the organization's financial filings.
How does Alpha Xi Alumni Association compensate executives?
Executive compensation is not explicitly detailed in the provided data, as the organization likely files a Form 990-EZ which does not require individual compensation disclosures for smaller organizations. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the recent surge in revenue to $314,322 in 202406, what specific strategies or events contributed to this significant increase compared to prior years?
The provided data does not detail the specific drivers for the revenue increase, but it suggests a successful fundraising campaign or a significant one-time donation in the most recent fiscal year.
How does the organization manage its spending to ensure program effectiveness, especially considering the historical periods where expenses exceeded revenue?
While the 202406 filing shows a positive net, the historical data (e.g., 202306, 202206) indicates periods where expenses outstripped revenue. A deeper dive into program outcomes and cost-benefit analysis would be needed to assess spending effectiveness during those times.
Filing History
IRS 990 filing history for Alpha Xi Alumni Association showing financial trends over 16 years of public records:
Over 16 years of IRS 990 filings (2009–2024), Alpha Xi Alumni Association's revenue has grown by 296.8%, moving from $79K to $314K. Total assets increased by 13.3% over the same period, from $123K to $140K. Total functional expenses rose by 216.5%, from $68K to $214K. In its most recent filing year (2024), Alpha Xi Alumni Association reported a surplus of $101K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $314K | $214K | $140K | $0 | — | — |
| 2023 | $95K | $133K | $39K | $0 | — | View 990 |
| 2022 | $5K | $61K | $77K | $0 | — | View 990 |
| 2021 | $91K | $68K | $133K | $289 | — | — |
| 2020 | $100K | $39K | $111K | $1K | — | — |
| 2019 | $20 | $41K | $53K | $5K | — | — |
| 2018 | $36K | $58K | $98K | $8K | — | — |
| 2017 | $38K | $73K | $124K | $11K | — | — |
| 2016 | $143K | $98K | $162K | $15K | — | — |
| 2015 | $113K | $76K | $120K | $18K | — | — |
| 2014 | $51K | $85K | $86K | $21K | — | — |
| 2013 | $83K | $51K | $123K | $24K | — | — |
| 2012 | $20K | $56K | $94K | $27K | — | — |
| 2011 | $74K | $59K | $133K | $30K | — | — |
| 2010 | $59K | $58K | $121K | $33K | — | — |
| 2009 | $79K | $68K | $123K | $35K | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $314K, expenses of $214K, and assets of $140K (revenue +230.1% year-over-year).
- 2023: Revenue of $95K, expenses of $133K, and assets of $39K (revenue +1765.7% year-over-year).
- 2022: Revenue of $5K, expenses of $61K, and assets of $77K (revenue -94.4% year-over-year).
- 2021: Revenue of $91K, expenses of $68K, and assets of $133K (revenue -9.5% year-over-year).
- 2020: Revenue of $100K, expenses of $39K, and assets of $111K (revenue +501475.0% year-over-year).
- 2019: Revenue of $20, expenses of $41K, and assets of $53K (revenue -99.9% year-over-year).
- 2018: Revenue of $36K, expenses of $58K, and assets of $98K (revenue -5.6% year-over-year).
- 2017: Revenue of $38K, expenses of $73K, and assets of $124K (revenue -73.7% year-over-year).
- 2016: Revenue of $143K, expenses of $98K, and assets of $162K (revenue +26.0% year-over-year).
- 2015: Revenue of $113K, expenses of $76K, and assets of $120K (revenue +121.4% year-over-year).
- 2014: Revenue of $51K, expenses of $85K, and assets of $86K (revenue -38.1% year-over-year).
- 2013: Revenue of $83K, expenses of $51K, and assets of $123K (revenue +307.8% year-over-year).
- 2012: Revenue of $20K, expenses of $56K, and assets of $94K (revenue -72.4% year-over-year).
- 2011: Revenue of $74K, expenses of $59K, and assets of $133K (revenue +25.8% year-over-year).
- 2010: Revenue of $59K, expenses of $58K, and assets of $121K (revenue -26.1% year-over-year).
- 2009: Revenue of $79K, expenses of $68K, and assets of $123K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alpha Xi Alumni Association:
Data Sources and Methodology
This transparency report for Alpha Xi 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.