Gamma Sigma Alummi Of Sigma Chi
EIN: 510175645 · Atlanta, GA · NTEE: B83
Is Gamma Sigma Alummi Of Sigma Chi Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gamma Sigma Alummi Of Sigma Chi
Gamma Sigma Alummi Of Sigma Chi (EIN: 510175645) is a nonprofit organization based in Atlanta, GA, classified under NTEE code B83. The organization reported total revenue of $192K and total assets of $580K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gamma Sigma Alummi Of Sigma Chi's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gamma Sigma Alummi Of Sigma Chi is a small nonprofit that has been operating for 3 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $100K |
| Total Expenses | $132K |
| Surplus / Deficit | $-32,203 |
| Total Assets | $549K |
| Total Liabilities | $15K |
| Net Assets | $534K |
| Operating Margin | -32.2% |
| Debt-to-Asset Ratio | 2.7% |
| Months of Reserves | 49.8 months |
Financial Health Grade: B
In 2023, Gamma Sigma Alummi Of Sigma Chi reported a deficit of $32K with expenses exceeding revenue, holds 49.8 months of operating reserves (strong position), has a debt-to-asset ratio of 2.7% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Gamma Sigma Alummi Of Sigma Chi's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.3% | -10.8% | -4.7% |
| 2022 | +2.2% | +20.5% | -8.5% |
| 2021 | -29.4% | +110.0% | -2.5% |
| 2017 | +39.1% | +30.0% | +12.8% |
| 2016 | +367.0% | -44.1% | -3.5% |
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 Analysis Pending
AI enrichment for Gamma Sigma Alummi Of Sigma Chi 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 Gamma Sigma Alummi Of Sigma Chi 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 $32K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.7%.
Frequently Asked Questions about Gamma Sigma Alummi Of Sigma Chi
Is Gamma Sigma Alummi Of Sigma Chi a legitimate charity?
Based on AI analysis of IRS 990 filings, Gamma Sigma Alummi Of Sigma Chi (EIN: 510175645) insufficient data. 0 red flags identified, 0 strengths noted.
How does Gamma Sigma Alummi Of Sigma Chi spend its money?
Detailed spending breakdown data is not yet available for Gamma Sigma Alummi Of Sigma Chi. Check back for updated IRS 990 analysis.
Are donations to Gamma Sigma Alummi Of Sigma Chi tax-deductible?
Gamma Sigma Alummi Of Sigma Chi is registered as a tax-exempt nonprofit (EIN: 510175645). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Gamma Sigma Alummi Of Sigma Chi showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Gamma Sigma Alummi Of Sigma Chi's revenue has grown by 16.2%, moving from $86K to $100K. Total assets decreased by 24.3% over the same period, from $726K to $549K. Total functional expenses rose by 126.3%, from $58K to $132K. In its most recent filing year (2023), Gamma Sigma Alummi Of Sigma Chi reported a deficit of $32K, with expenses exceeding revenue. The organization holds $15K in liabilities against $549K in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $534K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $100K | $132K | $549K | $15K | — | View 990 |
| 2022 | $95K | $148K | $577K | $10K | — | — |
| 2021 | $93K | $123K | $630K | $10K | — | — |
| 2017 | $132K | $59K | $646K | $10K | — | View 990 |
| 2016 | $95K | $45K | $573K | $10K | — | View 990 |
| 2015 | $20K | $81K | $594K | $80K | — | View 990 |
| 2014 | $42K | $47K | $680K | $107K | — | View 990 |
| 2013 | $84K | $44K | $693K | $115K | — | View 990 |
| 2012 | $43K | $51K | $686K | $149K | — | View 990 |
| 2011 | $86K | $58K | $726K | $180K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $100K, expenses of $132K, and assets of $549K (revenue +5.3% year-over-year).
- 2022: Revenue of $95K, expenses of $148K, and assets of $577K (revenue +2.2% year-over-year).
- 2021: Revenue of $93K, expenses of $123K, and assets of $630K (revenue -29.4% year-over-year).
- 2017: Revenue of $132K, expenses of $59K, and assets of $646K (revenue +39.1% year-over-year).
- 2016: Revenue of $95K, expenses of $45K, and assets of $573K (revenue +367.0% year-over-year).
- 2015: Revenue of $20K, expenses of $81K, and assets of $594K (revenue -52.2% year-over-year).
- 2014: Revenue of $42K, expenses of $47K, and assets of $680K (revenue -49.7% year-over-year).
- 2013: Revenue of $84K, expenses of $44K, and assets of $693K (revenue +97.6% year-over-year).
- 2012: Revenue of $43K, expenses of $51K, and assets of $686K (revenue -50.4% year-over-year).
- 2011: Revenue of $86K, expenses of $58K, and assets of $726K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gamma Sigma Alummi Of Sigma Chi:
Data Sources and Methodology
This transparency report for Gamma Sigma Alummi Of Sigma Chi 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.