Alpha Xi Of Chi Psi
Alpha Xi Of Chi Psi: Consistent Revenue, Volatile Expenses
EIN: 221494465 · Hoboken, NJ · NTEE: B83 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $235K |
| Total Expenses | $176K |
| Program Spending | 70% |
| Net Assets | $37K |
| Transparency Score | 65/100 |
Is Alpha Xi Of Chi Psi Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alpha Xi Of Chi Psi directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Alpha Xi Of Chi Psi
Alpha Xi Of Chi Psi (EIN: 221494465) is a nonprofit organization based in Hoboken, NJ, classified under NTEE code B83. The organization reported total revenue of $235K and total assets of $82K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alpha Xi Of Chi Psi's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alpha Xi Of Chi Psi is a small nonprofit that has been operating for 2 years, with 14 years of IRS 990 filings on record (2009–2024). Revenue has grown at a compound annual rate of -3.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $140K |
| Total Expenses | $176K |
| Surplus / Deficit | $-36,413 |
| Total Assets | $37K |
| Net Assets | $37K |
| Operating Margin | -26.0% |
| Months of Reserves | 2.5 months |
Financial Health Grade: C
In 2024, Alpha Xi Of Chi Psi reported a deficit of $36K with expenses exceeding revenue, holds 2.5 months of operating reserves (limited).
Financial Trends
Over 14 years of filings (2009–2024), Alpha Xi Of Chi Psi's revenue has declined at a compound annual growth rate (CAGR) of -3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -28.9% | -3.8% | -49.4% |
| 2023 | +64.9% | +55.8% | +22.5% |
| 2022 | +126.6% | -25.8% | +3.0% |
| 2021 | -75.3% | -27.7% | -64.5% |
| 2020 | -7.0% | -3.5% | +90.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
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 Of Chi Psi 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Alpha Xi Of Chi Psi allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $36K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures for executives are provided in the available data.
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 Of Chi Psi's IRS 990 filings:
- Expenses frequently exceed revenue, notably in 2021 ($158,651 expenses vs. $52,758 revenue) and 2015 ($250,816 expenses vs. $217,900 revenue), indicating potential financial instability.
- Significant fluctuations in total assets, from $164,245 in 2020 to $37,263 in 2024, suggest inconsistent asset management or significant operational changes.
- Lack of detailed program spending breakdown makes it difficult to assess the direct impact of funds.
Strengths
The following positive indicators were identified for Alpha Xi Of Chi Psi:
- Consistent revenue generation over multiple years, with revenues generally above $100,000 in most reported periods.
- The organization has maintained operations despite periods of negative net income, demonstrating resilience.
- Clear reporting of total revenue, expenses, and assets for each fiscal year.
Frequently Asked Questions about Alpha Xi Of Chi Psi
Is Alpha Xi Of Chi Psi a legitimate charity?
Based on AI analysis of IRS 990 filings, Alpha Xi Of Chi Psi (EIN: 221494465) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Alpha Xi Of Chi Psi spend its money?
Alpha Xi Of Chi Psi directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alpha Xi Of Chi Psi tax-deductible?
Alpha Xi Of Chi Psi is registered as a tax-exempt nonprofit (EIN: 221494465). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Alpha Xi Of Chi Psi's spending goes to programs?
Alpha Xi Of Chi Psi directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Alpha Xi Of Chi Psi compare to similar nonprofits?
With a transparency score of 65/100 (Good), Alpha Xi Of Chi Psi is above average for NTEE category B83 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Alpha Xi Of Chi Psi located?
Alpha Xi Of Chi Psi is headquartered in Hoboken, New Jersey and files with the IRS under EIN 221494465. It is classified under NTEE code B83.
How many years of IRS 990 filings does Alpha Xi Of Chi Psi have?
Alpha Xi Of Chi Psi has 14 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 $235K in total revenue.
What does Alpha Xi Of Chi Psi do?
Alpha Xi Of Chi Psi is a nonprofit organization in the Education sector, located in Hoboken, New Jersey. It is classified under NTEE code B83.
How much revenue does Alpha Xi Of Chi Psi have?
Alpha Xi Of Chi Psi reported total revenue of $234,840. Based on 14 IRS 990 filings on record.
What are Alpha Xi Of Chi Psi's total assets?
Alpha Xi Of Chi Psi holds total assets of $82,433 as reported in IRS 990 filings.
Where is Alpha Xi Of Chi Psi located?
Alpha Xi Of Chi Psi is based in Hoboken, New Jersey.
What is Alpha Xi Of Chi Psi's EIN?
Alpha Xi Of Chi Psi's Employer Identification Number (EIN) is 221494465. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Alpha Xi Of Chi Psi?
Alpha Xi Of Chi Psi is classified under NTEE code B83 (Education).
Is Alpha Xi Of Chi Psi a registered 501(c)(3)?
Yes, Alpha Xi Of Chi Psi is recognized as a tax-exempt organization by the IRS. EIN: 221494465.
Does Alpha Xi Of Chi Psi file IRS Form 990?
Yes, Alpha Xi Of Chi Psi has 14 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Alpha Xi Of Chi Psi's revenue in 2024?
In the 202406 filing period, Alpha Xi Of Chi Psi reported total revenue of $140,022, total expenses of $176,435, and net assets of $37,263.
Is Alpha Xi Of Chi Psi's revenue growing or declining?
Alpha Xi Of Chi Psi's revenue is declining. Revenue went from $197,042 (202306) to $140,022 (202406), a -28.9% change. Based on 14 filings on record.
What is Alpha Xi Of Chi Psi's most recent 990 filing?
The most recent IRS Form 990 filing for Alpha Xi Of Chi Psi covers tax period 202406. It shows revenue of $140,022, expenses of $176,435, total assets of $37,263, and liabilities of N/A.
How much does Alpha Xi Of Chi Psi spend on programs vs administration?
Based on IRS 990 analysis, Alpha Xi Of Chi Psi allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Alpha Xi Of Chi Psi a trustworthy charity?
Based on AI analysis of IRS 990 data, Alpha Xi Of Chi Psi shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Alpha Xi Of Chi Psi?
The following concerns were identified: Expenses frequently exceed revenue, notably in 2021 ($158,651 expenses vs. $52,758 revenue) and 2015 ($250,816 expenses vs. $217,900 revenue), indicating potential financial instability.. Significant fluctuations in total assets, from $164,245 in 2020 to $37,263 in 2024, suggest inconsistent asset management or significant operational changes.. Lack of detailed program spending breakdown makes it difficult to assess the direct impact of funds.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Alpha Xi Of Chi Psi's strengths?
Positive indicators for Alpha Xi Of Chi Psi include: Consistent revenue generation over multiple years, with revenues generally above $100,000 in most reported periods.. The organization has maintained operations despite periods of negative net income, demonstrating resilience.. Clear reporting of total revenue, expenses, and assets for each fiscal year.. These findings are derived from AI analysis of the organization's financial filings.
How does Alpha Xi Of Chi Psi compensate executives?
Executive compensation cannot be assessed as no specific compensation figures for executives are provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Alpha Xi Of Chi Psi?
- Financial data is consistently available across multiple years. - No specific program details or impact metrics are provided in the given data. - The organization's legal status and location are clearly stated. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
What factors contribute to the significant year-over-year volatility in expenses, such as the jump from $117,746 in 2022 to $183,497 in 2023, and how are these managed?
The provided data does not specify the nature of expenses, making it impossible to determine the causes of volatility. Further detailed financial statements would be needed to understand expense categories and management strategies.
Given the periods where expenses significantly outpace revenue, how does Alpha Xi Of Chi Psi sustain its operations and what are its primary funding sources beyond reported revenue?
The data indicates that the organization has operated with deficits in several years (e.g., 2021, 2015). Without additional information on funding sources like grants, endowments, or specific fundraising campaigns, it's unclear how these deficits are covered or if they draw down on accumulated assets.
Filing History
IRS 990 filing history for Alpha Xi Of Chi Psi showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2009–2024), Alpha Xi Of Chi Psi's revenue has declined by 36.5%, moving from $220K to $140K. Total assets decreased by 40.3% over the same period, from $62K to $37K. Total functional expenses fell by 17.5%, from $214K to $176K. In its most recent filing year (2024), Alpha Xi Of Chi Psi reported a deficit of $36K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $140K | $176K | $37K | $0 | — | — |
| 2023 | $197K | $183K | $74K | $0 | — | — |
| 2022 | $120K | $118K | $60K | $0 | — | — |
| 2021 | $53K | $159K | $58K | $0 | — | — |
| 2020 | $213K | $220K | $164K | $0 | — | — |
| 2018 | $229K | $228K | $86K | $0 | — | — |
| 2017 | $205K | $156K | $84K | $0 | — | — |
| 2015 | $218K | $251K | $26K | $0 | — | — |
| 2014 | $181K | $172K | $59K | $0 | — | — |
| 2013 | $193K | $219K | $50K | $0 | — | — |
| 2012 | $192K | $157K | $76K | $0 | — | — |
| 2011 | $197K | $208K | $41K | $0 | — | — |
| 2010 | $162K | $173K | $52K | $0 | — | — |
| 2009 | $220K | $214K | $62K | $0 | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $140K, expenses of $176K, and assets of $37K (revenue -28.9% year-over-year).
- 2023: Revenue of $197K, expenses of $183K, and assets of $74K (revenue +64.9% year-over-year).
- 2022: Revenue of $120K, expenses of $118K, and assets of $60K (revenue +126.6% year-over-year).
- 2021: Revenue of $53K, expenses of $159K, and assets of $58K (revenue -75.3% year-over-year).
- 2020: Revenue of $213K, expenses of $220K, and assets of $164K (revenue -7.0% year-over-year).
- 2018: Revenue of $229K, expenses of $228K, and assets of $86K (revenue +12.0% year-over-year).
- 2017: Revenue of $205K, expenses of $156K, and assets of $84K (revenue -6.0% year-over-year).
- 2015: Revenue of $218K, expenses of $251K, and assets of $26K (revenue +20.4% year-over-year).
- 2014: Revenue of $181K, expenses of $172K, and assets of $59K (revenue -6.4% year-over-year).
- 2013: Revenue of $193K, expenses of $219K, and assets of $50K (revenue +0.7% year-over-year).
- 2012: Revenue of $192K, expenses of $157K, and assets of $76K (revenue -2.4% year-over-year).
- 2011: Revenue of $197K, expenses of $208K, and assets of $41K (revenue +21.6% year-over-year).
- 2010: Revenue of $162K, expenses of $173K, and assets of $52K (revenue -26.6% year-over-year).
- 2009: Revenue of $220K, expenses of $214K, and assets of $62K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alpha Xi Of Chi Psi:
Data Sources and Methodology
This transparency report for Alpha Xi Of Chi Psi 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.