Fargo Alumni Association Of Sigma Alpha Epsilon Fraternity
EIN: 237213741 · Fargo, ND · NTEE: S47
| Metric | Value |
|---|---|
| Total Revenue | $115K |
| Total Expenses | $105K |
| Net Assets | $3.1M |
Is Fargo Alumni Association Of Sigma Alpha Epsilon Fraternity Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fargo Alumni Association Of Sigma Alpha Epsilon Fraternity
Fargo Alumni Association Of Sigma Alpha Epsilon Fraternity (EIN: 237213741) is a nonprofit organization based in Fargo, ND, classified under NTEE code S47. The organization reported total revenue of $115K and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fargo Alumni Association Of Sigma Alpha Epsilon Fraternity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fargo Alumni Association Of Sigma Alpha Epsilon Fraternity is a small nonprofit that has been operating for 12 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of -16.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $48K |
| Total Expenses | $105K |
| Surplus / Deficit | $-56,459 |
| Total Assets | $3.2M |
| Total Liabilities | $133K |
| Net Assets | $3.1M |
| Operating Margin | -117.1% |
| Debt-to-Asset Ratio | 4.1% |
| Months of Reserves | 366.7 months |
Financial Health Grade: B
In 2023, Fargo Alumni Association Of Sigma Alpha Epsilon Fraternity reported a deficit of $56K with expenses exceeding revenue, holds 366.7 months of operating reserves (strong position), has a debt-to-asset ratio of 4.1% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Fargo Alumni Association Of Sigma Alpha Epsilon Fraternity's revenue has declined at a compound annual growth rate (CAGR) of -16.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -97.9% | -13.3% | +1.6% |
| 2022 | +5950.2% | +67.4% | +228.5% |
| 2021 | -52.4% | +21.8% | -3.4% |
| 2020 | -43.2% | -6.1% | -1.4% |
| 2019 | +76.9% | -9.5% | +8.0% |
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 Analysis Pending
AI enrichment for Fargo Alumni Association Of Sigma Alpha Epsilon Fraternity 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 Fargo Alumni Association Of Sigma Alpha Epsilon Fraternity 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 $56K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.1%.
Frequently Asked Questions about Fargo Alumni Association Of Sigma Alpha Epsilon Fraternity
Is Fargo Alumni Association Of Sigma Alpha Epsilon Fraternity a legitimate charity?
Fargo Alumni Association Of Sigma Alpha Epsilon Fraternity (EIN: 237213741) is a registered tax-exempt nonprofit based in North Dakota. It has 8 years of IRS 990 filings on record. Total revenue: $115K. No red flags identified. Financial health grade: B.
How does Fargo Alumni Association Of Sigma Alpha Epsilon Fraternity spend its money?
Fargo Alumni Association Of Sigma Alpha Epsilon Fraternity reported $115K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Fargo Alumni Association Of Sigma Alpha Epsilon Fraternity tax-deductible?
Fargo Alumni Association Of Sigma Alpha Epsilon Fraternity is registered as a tax-exempt nonprofit (EIN: 237213741). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fargo Alumni Association Of Sigma Alpha Epsilon Fraternity located?
Fargo Alumni Association Of Sigma Alpha Epsilon Fraternity is headquartered in Fargo, North Dakota and files with the IRS under EIN 237213741. It is classified under NTEE code S47.
How many years of IRS 990 filings does Fargo Alumni Association Of Sigma Alpha Epsilon Fraternity have?
Fargo Alumni Association Of Sigma Alpha Epsilon Fraternity has 8 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 $115K in total revenue.
Filing History
IRS 990 filing history for Fargo Alumni Association Of Sigma Alpha Epsilon Fraternity showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Fargo Alumni Association Of Sigma Alpha Epsilon Fraternity's revenue has declined by 72.6%, moving from $176K to $48K. Total assets increased by 223% over the same period, from $990K to $3.2M. Total functional expenses rose by 34.8%, from $78K to $105K. In its most recent filing year (2023), Fargo Alumni Association Of Sigma Alpha Epsilon Fraternity reported a deficit of $56K, with expenses exceeding revenue. The organization holds $133K in liabilities against $3.2M in assets (debt-to-asset ratio: 4.1%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $48K | $105K | $3.2M | $133K | — | View 990 |
| 2022 | $2.3M | $121K | $3.1M | $133K | — | View 990 |
| 2021 | $38K | $72K | $958K | $0 | — | View 990 |
| 2020 | $80K | $59K | $992K | $0 | — | — |
| 2019 | $141K | $63K | $1.0M | $34K | — | View 990 |
| 2018 | $79K | $70K | $932K | $38K | — | View 990 |
| 2017 | $121K | $91K | $947K | $61K | — | View 990 |
| 2016 | $176K | $78K | $990K | $135K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $48K, expenses of $105K, and assets of $3.2M (revenue -97.9% year-over-year).
- 2022: Revenue of $2.3M, expenses of $121K, and assets of $3.1M (revenue +5950.2% year-over-year).
- 2021: Revenue of $38K, expenses of $72K, and assets of $958K (revenue -52.4% year-over-year).
- 2020: Revenue of $80K, expenses of $59K, and assets of $992K (revenue -43.2% year-over-year).
- 2019: Revenue of $141K, expenses of $63K, and assets of $1.0M (revenue +76.9% year-over-year).
- 2018: Revenue of $79K, expenses of $70K, and assets of $932K (revenue -34.4% year-over-year).
- 2017: Revenue of $121K, expenses of $91K, and assets of $947K (revenue -31.3% year-over-year).
- 2016: Revenue of $176K, expenses of $78K, and assets of $990K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fargo Alumni Association Of Sigma Alpha Epsilon Fraternity:
Data Sources and Methodology
This transparency report for Fargo Alumni Association Of Sigma Alpha Epsilon 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.