Chi Chapter House Association Of Kappa Alpha Theta Fraternity
Chi Chapter House Association reports $0 in assets and a net loss in its latest filing, following a decade of consistent revenue.
EIN: 161200267 · Indianapolis, IN · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $221K |
| Total Expenses | $267K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $200,000. |
| Transparency Score | 75/100 |
Is Chi Chapter House Association Of Kappa Alpha Theta Fraternity Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Chi Chapter House Association Of Kappa Alpha Theta Fraternity directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Chi Chapter House Association Of Kappa Alpha Theta Fraternity
Chi Chapter House Association Of Kappa Alpha Theta Fraternity (EIN: 161200267) is a nonprofit organization based in Indianapolis, IN. The organization reported total revenue of $221K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chi Chapter House Association Of Kappa Alpha Theta Fraternity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chi Chapter House Association Of Kappa Alpha Theta Fraternity is a small nonprofit that has been operating for 42 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $221K |
| Total Expenses | $267K |
| Surplus / Deficit | $-46,568 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | -21.1% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2020, Chi Chapter House Association Of Kappa Alpha Theta Fraternity reported a deficit of $47K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 10 years of filings (2011–2020), Chi Chapter House Association Of Kappa Alpha Theta Fraternity's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +16.1% | +47.9% | -100.0% |
| 2019 | +5.4% | +39.9% | +1.5% |
| 2018 | +2.9% | +1.3% | +10.5% |
| 2017 | -0.8% | -3.3% | +4.4% |
| 2016 | -28.1% | -42.0% | +6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Chi Chapter House Association Of Kappa Alpha Theta Fraternity with a Mission Score of 75 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Chi Chapter House Association Of Kappa Alpha Theta Fraternity allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $47K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization is run by unpaid volunteers, which is highly efficient for an organization of its size with annual revenues around $200,000.
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.
Red Flags
The following concerns were identified during AI analysis of Chi Chapter House Association Of Kappa Alpha Theta Fraternity's IRS 990 filings:
- Sudden and complete disappearance of assets and liabilities in the 2020 filing.
- Significant operating deficit in the latest fiscal period (202006), with expenses exceeding revenue by $46,568.
Strengths
The following positive indicators were identified for Chi Chapter House Association Of Kappa Alpha Theta Fraternity:
- Consistent reporting of 0% officer compensation, indicating volunteer leadership.
- Long history of IRS 990 filings, demonstrating transparency.
- Consistent revenue generation over a decade, averaging around $200,000 annually.
Frequently Asked Questions about Chi Chapter House Association Of Kappa Alpha Theta Fraternity
Is Chi Chapter House Association Of Kappa Alpha Theta Fraternity a legitimate charity?
Chi Chapter House Association Of Kappa Alpha Theta Fraternity (EIN: 161200267) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $221K. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Chi Chapter House Association Of Kappa Alpha Theta Fraternity spend its money?
Chi Chapter House Association Of Kappa Alpha Theta Fraternity directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Chi Chapter House Association Of Kappa Alpha Theta Fraternity tax-deductible?
Chi Chapter House Association Of Kappa Alpha Theta Fraternity is registered as a tax-exempt nonprofit (EIN: 161200267). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Chi Chapter House Association Of Kappa Alpha Theta Fraternity CEO make?
Chi Chapter House Association Of Kappa Alpha Theta Fraternity's highest-compensated officer earns $200,000. annually. The organization reported $221K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Chi Chapter House Association Of Kappa Alpha Theta Fraternity located?
Chi Chapter House Association Of Kappa Alpha Theta Fraternity is headquartered in Indianapolis, Indiana and files with the IRS under EIN 161200267.
How many years of IRS 990 filings does Chi Chapter House Association Of Kappa Alpha Theta Fraternity have?
Chi Chapter House Association Of Kappa Alpha Theta Fraternity has 10 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 $221K in total revenue.
What caused the significant drop in assets from $631,279 in 2019 to $0 in 2020?
The IRS 990 data shows a sudden and complete disappearance of reported assets and liabilities in the 2020 filing, which warrants further investigation into the organization's financial structure and operations.
Why did expenses exceed revenue by over $46,000 in the 2020 fiscal period?
In the 202006 period, the organization reported $267,378 in expenses against $220,810 in revenue, indicating a significant operating deficit for that year, which is unusual compared to prior years' surpluses.
What are the primary programs or activities of this organization, given its NTEE code is unknown?
Without an NTEE code or program details, it's difficult to assess the specific mission and impact of the Chi Chapter House Association Of Kappa Alpha Theta Fraternity.
Filing History
IRS 990 filing history for Chi Chapter House Association Of Kappa Alpha Theta Fraternity showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Chi Chapter House Association Of Kappa Alpha Theta Fraternity's revenue has grown by 14.6%, moving from $193K to $221K. Total assets decreased by 100% over the same period, from $364K to $0. Total functional expenses rose by 60.4%, from $167K to $267K. In its most recent filing year (2020), Chi Chapter House Association Of Kappa Alpha Theta Fraternity reported a deficit of $47K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $221K | $267K | $0 | $0 | — | — |
| 2019 | $190K | $181K | $631K | $15K | — | View 990 |
| 2018 | $180K | $129K | $622K | $15K | — | View 990 |
| 2017 | $175K | $128K | $563K | $7K | — | View 990 |
| 2016 | $177K | $132K | $539K | $31K | — | View 990 |
| 2015 | $246K | $227K | $505K | $42K | — | View 990 |
| 2014 | $214K | $204K | $554K | $110K | — | View 990 |
| 2013 | $225K | $175K | $577K | $143K | — | View 990 |
| 2012 | $236K | $164K | $436K | $51K | — | View 990 |
| 2011 | $193K | $167K | $364K | $51K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $221K, expenses of $267K, and assets of $0 (revenue +16.1% year-over-year).
- 2019: Revenue of $190K, expenses of $181K, and assets of $631K (revenue +5.4% year-over-year).
- 2018: Revenue of $180K, expenses of $129K, and assets of $622K (revenue +2.9% year-over-year).
- 2017: Revenue of $175K, expenses of $128K, and assets of $563K (revenue -0.8% year-over-year).
- 2016: Revenue of $177K, expenses of $132K, and assets of $539K (revenue -28.1% year-over-year).
- 2015: Revenue of $246K, expenses of $227K, and assets of $505K (revenue +15.0% year-over-year).
- 2014: Revenue of $214K, expenses of $204K, and assets of $554K (revenue -4.8% year-over-year).
- 2013: Revenue of $225K, expenses of $175K, and assets of $577K (revenue -4.7% year-over-year).
- 2012: Revenue of $236K, expenses of $164K, and assets of $436K (revenue +22.4% year-over-year).
- 2011: Revenue of $193K, expenses of $167K, and assets of $364K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chi Chapter House Association Of Kappa Alpha Theta Fraternity:
Data Sources and Methodology
This transparency report for Chi Chapter House Association Of Kappa Alpha Theta 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.