Illinois Beta Chapter Of Sigma Alpha Epsilon Fraternity
EIN: 273531347 · Evanston, IL · NTEE: B83
| Metric | Value |
|---|---|
| Total Revenue | $711K |
| Total Expenses | $735K |
| Net Assets | $-25,324 |
Is Illinois Beta Chapter 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 Illinois Beta Chapter Of Sigma Alpha Epsilon Fraternity
Illinois Beta Chapter Of Sigma Alpha Epsilon Fraternity (EIN: 273531347) is a nonprofit organization based in Evanston, IL, classified under NTEE code B83. The organization reported total revenue of $711K and total assets of $110K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Illinois Beta Chapter Of Sigma Alpha Epsilon Fraternity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Illinois Beta Chapter Of Sigma Alpha Epsilon Fraternity is a small nonprofit that has been operating for 4 years, with 4 years of IRS 990 filings on record (2018–2024). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $682K |
| Total Expenses | $735K |
| Surplus / Deficit | $-53,677 |
| Total Assets | $63K |
| Total Liabilities | $88K |
| Net Assets | $-25,324 |
| Operating Margin | -7.9% |
| Debt-to-Asset Ratio | 140.4% |
| Months of Reserves | 1.0 months |
Financial Health Grade: D
In 2024, Illinois Beta Chapter Of Sigma Alpha Epsilon Fraternity reported a deficit of $54K with expenses exceeding revenue, holds 1.0 months of operating reserves (limited), has a debt-to-asset ratio of 140.4% (high leverage).
Financial Trends
Over 4 years of filings (2018–2024), Illinois Beta Chapter Of Sigma Alpha Epsilon Fraternity's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +27.6% | +53.8% | -47.6% |
| 2023 | -24.2% | -31.2% | +41.3% |
| 2022 | +19.6% | +58.7% | +543.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Illinois Beta Chapter 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 Illinois Beta Chapter 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $54K, with expenses exceeding revenue.
- Debt-to-asset ratio: 140.4%.
Frequently Asked Questions about Illinois Beta Chapter Of Sigma Alpha Epsilon Fraternity
Is Illinois Beta Chapter Of Sigma Alpha Epsilon Fraternity a legitimate charity?
Illinois Beta Chapter Of Sigma Alpha Epsilon Fraternity (EIN: 273531347) is a registered tax-exempt nonprofit based in Illinois. It has 4 years of IRS 990 filings on record. Total revenue: $711K. No red flags identified. Financial health grade: D.
How does Illinois Beta Chapter Of Sigma Alpha Epsilon Fraternity spend its money?
Illinois Beta Chapter Of Sigma Alpha Epsilon Fraternity reported $711K in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Illinois Beta Chapter Of Sigma Alpha Epsilon Fraternity tax-deductible?
Illinois Beta Chapter Of Sigma Alpha Epsilon Fraternity is registered as a tax-exempt nonprofit (EIN: 273531347). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Illinois Beta Chapter Of Sigma Alpha Epsilon Fraternity located?
Illinois Beta Chapter Of Sigma Alpha Epsilon Fraternity is headquartered in Evanston, Illinois and files with the IRS under EIN 273531347. It is classified under NTEE code B83.
How many years of IRS 990 filings does Illinois Beta Chapter Of Sigma Alpha Epsilon Fraternity have?
Illinois Beta Chapter Of Sigma Alpha Epsilon Fraternity has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $711K in total revenue.
Filing History
IRS 990 filing history for Illinois Beta Chapter Of Sigma Alpha Epsilon Fraternity showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2018–2024), Illinois Beta Chapter Of Sigma Alpha Epsilon Fraternity's revenue has grown by 15.6%, moving from $590K to $682K. Total assets increased by 375.9% over the same period, from $13K to $63K. Total functional expenses rose by 68.1%, from $437K to $735K. In its most recent filing year (2024), Illinois Beta Chapter Of Sigma Alpha Epsilon Fraternity reported a deficit of $54K, with expenses exceeding revenue. The organization holds $88K in liabilities against $63K in assets (debt-to-asset ratio: 140.4%), resulting in net assets of $-25,324.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $682K | $735K | $63K | $88K | — | — |
| 2023 | $534K | $478K | $120K | $91K | — | View 990 |
| 2022 | $705K | $694K | $85K | $156K | — | View 990 |
| 2018 | $590K | $437K | $13K | $38K | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $682K, expenses of $735K, and assets of $63K (revenue +27.6% year-over-year).
- 2023: Revenue of $534K, expenses of $478K, and assets of $120K (revenue -24.2% year-over-year).
- 2022: Revenue of $705K, expenses of $694K, and assets of $85K (revenue +19.6% year-over-year).
- 2018: Revenue of $590K, expenses of $437K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Illinois Beta Chapter Of Sigma Alpha Epsilon Fraternity:
Data Sources and Methodology
This transparency report for Illinois Beta Chapter 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.