Phi Delta Theta Fraternity
EIN: 420467497 · Ames, IA
| Metric | Value |
|---|---|
| Total Revenue | $353K |
| Total Expenses | $382K |
| Net Assets | $-475 |
Is Phi Delta Theta Fraternity Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Phi Delta Theta Fraternity
Phi Delta Theta Fraternity (EIN: 420467497) is a nonprofit organization based in Ames, IA. The organization reported total revenue of $353K and total assets of $23K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Phi Delta Theta Fraternity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Phi Delta Theta Fraternity is a small nonprofit that has been operating for 59 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $340K |
| Total Expenses | $382K |
| Surplus / Deficit | $-41,959 |
| Total Assets | $11K |
| Total Liabilities | $12K |
| Net Assets | $-475 |
| Operating Margin | -12.3% |
| Debt-to-Asset Ratio | 104.3% |
| Months of Reserves | 0.3 months |
Financial Health Grade: D
In 2023, Phi Delta Theta Fraternity reported a deficit of $42K with expenses exceeding revenue, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 104.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Phi Delta Theta Fraternity's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.9% | +13.6% | -80.1% |
| 2022 | +35.2% | -17.9% | +261.4% |
| 2021 | -32.9% | +2.5% | -88.3% |
| 2020 | +12.7% | +4.6% | +34.2% |
| 2019 | -1.1% | -4.8% | +9.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1967 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Phi Delta Theta 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 Phi Delta Theta 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 $42K, with expenses exceeding revenue.
- Debt-to-asset ratio: 104.3%.
Frequently Asked Questions about Phi Delta Theta Fraternity
Is Phi Delta Theta Fraternity a legitimate charity?
Phi Delta Theta Fraternity (EIN: 420467497) is a registered tax-exempt nonprofit based in Iowa. It has 13 years of IRS 990 filings on record. Total revenue: $353K. No red flags identified. Financial health grade: D.
How does Phi Delta Theta Fraternity spend its money?
Phi Delta Theta Fraternity reported $353K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Phi Delta Theta Fraternity tax-deductible?
Phi Delta Theta Fraternity is registered as a tax-exempt nonprofit (EIN: 420467497). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Phi Delta Theta Fraternity located?
Phi Delta Theta Fraternity is headquartered in Ames, Iowa and files with the IRS under EIN 420467497.
How many years of IRS 990 filings does Phi Delta Theta Fraternity have?
Phi Delta Theta Fraternity has 13 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 $353K in total revenue.
Filing History
IRS 990 filing history for Phi Delta Theta Fraternity showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Phi Delta Theta Fraternity's revenue has grown by 49.1%, moving from $228K to $340K. Total assets decreased by 89% over the same period, from $100K to $11K. Total functional expenses rose by 66.3%, from $230K to $382K. In its most recent filing year (2023), Phi Delta Theta Fraternity reported a deficit of $42K, with expenses exceeding revenue. The organization holds $12K in liabilities against $11K in assets (debt-to-asset ratio: 104.3%), resulting in net assets of $-475.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $340K | $382K | $11K | $12K | — | View 990 |
| 2022 | $395K | $337K | $56K | $14K | — | View 990 |
| 2021 | $292K | $410K | $15K | $33K | — | — |
| 2020 | $436K | $400K | $131K | $31K | — | — |
| 2019 | $387K | $382K | $98K | $34K | — | View 990 |
| 2018 | $391K | $401K | $90K | $31K | — | View 990 |
| 2017 | $438K | $393K | $102K | $33K | — | View 990 |
| 2016 | $452K | $360K | $56K | $26K | — | View 990 |
| 2015 | $367K | $368K | $186K | $248K | — | View 990 |
| 2014 | $288K | $285K | $179K | $240K | — | View 990 |
| 2013 | $249K | $253K | $120K | $184K | — | View 990 |
| 2012 | $240K | $241K | $59K | $119K | — | View 990 |
| 2011 | $228K | $230K | $100K | $159K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $340K, expenses of $382K, and assets of $11K (revenue -13.9% year-over-year).
- 2022: Revenue of $395K, expenses of $337K, and assets of $56K (revenue +35.2% year-over-year).
- 2021: Revenue of $292K, expenses of $410K, and assets of $15K (revenue -32.9% year-over-year).
- 2020: Revenue of $436K, expenses of $400K, and assets of $131K (revenue +12.7% year-over-year).
- 2019: Revenue of $387K, expenses of $382K, and assets of $98K (revenue -1.1% year-over-year).
- 2018: Revenue of $391K, expenses of $401K, and assets of $90K (revenue -10.7% year-over-year).
- 2017: Revenue of $438K, expenses of $393K, and assets of $102K (revenue -3.0% year-over-year).
- 2016: Revenue of $452K, expenses of $360K, and assets of $56K (revenue +23.2% year-over-year).
- 2015: Revenue of $367K, expenses of $368K, and assets of $186K (revenue +27.6% year-over-year).
- 2014: Revenue of $288K, expenses of $285K, and assets of $179K (revenue +15.4% year-over-year).
- 2013: Revenue of $249K, expenses of $253K, and assets of $120K (revenue +3.9% year-over-year).
- 2012: Revenue of $240K, expenses of $241K, and assets of $59K (revenue +5.2% year-over-year).
- 2011: Revenue of $228K, expenses of $230K, and assets of $100K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Phi Delta Theta Fraternity:
Data Sources and Methodology
This transparency report for Phi Delta 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.