Phi Gamma Delta Fraternity
EIN: 420469525 · Ames, IA
| Metric | Value |
|---|---|
| Total Revenue | $954K |
| Total Expenses | $284K |
| Net Assets | $197K |
Is Phi Gamma Delta 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 Gamma Delta Fraternity
Phi Gamma Delta Fraternity (EIN: 420469525) is a nonprofit organization based in Ames, IA. The organization reported total revenue of $954K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Phi Gamma Delta Fraternity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Phi Gamma Delta Fraternity is a small nonprofit that has been operating for 60 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $219K |
| Total Expenses | $284K |
| Surplus / Deficit | $-64,519 |
| Total Assets | $675K |
| Total Liabilities | $477K |
| Net Assets | $197K |
| Operating Margin | -29.4% |
| Debt-to-Asset Ratio | 70.8% |
| Months of Reserves | 28.5 months |
Financial Health Grade: C
In 2023, Phi Gamma Delta Fraternity reported a deficit of $65K with expenses exceeding revenue, holds 28.5 months of operating reserves (strong position), has a debt-to-asset ratio of 70.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Phi Gamma Delta Fraternity's revenue has declined at a compound annual growth rate (CAGR) of -3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.7% | +10.9% | -11.1% |
| 2022 | +9.0% | +24.8% | -9.6% |
| 2021 | -24.1% | -12.8% | -5.9% |
| 2020 | +6.0% | -12.4% | +7.8% |
| 2019 | +5.7% | +33.5% | -8.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1966 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Phi Gamma Delta 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 Gamma Delta 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 $65K, with expenses exceeding revenue.
- Debt-to-asset ratio: 70.8%.
Frequently Asked Questions about Phi Gamma Delta Fraternity
Is Phi Gamma Delta Fraternity a legitimate charity?
Phi Gamma Delta Fraternity (EIN: 420469525) is a registered tax-exempt nonprofit based in Iowa. It has 13 years of IRS 990 filings on record. Total revenue: $954K. No red flags identified. Financial health grade: C.
How does Phi Gamma Delta Fraternity spend its money?
Phi Gamma Delta Fraternity reported $954K 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 Gamma Delta Fraternity tax-deductible?
Phi Gamma Delta Fraternity is registered as a tax-exempt nonprofit (EIN: 420469525). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Phi Gamma Delta Fraternity located?
Phi Gamma Delta Fraternity is headquartered in Ames, Iowa and files with the IRS under EIN 420469525.
How many years of IRS 990 filings does Phi Gamma Delta Fraternity have?
Phi Gamma Delta 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 $954K in total revenue.
Filing History
IRS 990 filing history for Phi Gamma Delta Fraternity showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Phi Gamma Delta Fraternity's revenue has declined by 32.3%, moving from $324K to $219K. Total assets decreased by 53.3% over the same period, from $1.4M to $675K. Total functional expenses rose by 33.1%, from $213K to $284K. In its most recent filing year (2023), Phi Gamma Delta Fraternity reported a deficit of $65K, with expenses exceeding revenue. The organization holds $477K in liabilities against $675K in assets (debt-to-asset ratio: 70.8%), resulting in net assets of $197K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $219K | $284K | $675K | $477K | — | — |
| 2022 | $190K | $256K | $759K | $497K | — | View 990 |
| 2021 | $174K | $205K | $840K | $512K | — | — |
| 2020 | $229K | $235K | $893K | $533K | — | View 990 |
| 2019 | $216K | $268K | $828K | $453K | — | View 990 |
| 2018 | $205K | $201K | $906K | $480K | — | View 990 |
| 2017 | $170K | $253K | $929K | $501K | — | View 990 |
| 2016 | $179K | $266K | $983K | $526K | — | View 990 |
| 2015 | $236K | $306K | $1.1M | $543K | — | View 990 |
| 2014 | $165K | $294K | $1.2M | $571K | — | View 990 |
| 2013 | $145K | $258K | $1.3M | $591K | — | View 990 |
| 2012 | $316K | $233K | $1.4M | $610K | — | View 990 |
| 2011 | $324K | $213K | $1.4M | $715K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $219K, expenses of $284K, and assets of $675K (revenue +15.7% year-over-year).
- 2022: Revenue of $190K, expenses of $256K, and assets of $759K (revenue +9.0% year-over-year).
- 2021: Revenue of $174K, expenses of $205K, and assets of $840K (revenue -24.1% year-over-year).
- 2020: Revenue of $229K, expenses of $235K, and assets of $893K (revenue +6.0% year-over-year).
- 2019: Revenue of $216K, expenses of $268K, and assets of $828K (revenue +5.7% year-over-year).
- 2018: Revenue of $205K, expenses of $201K, and assets of $906K (revenue +20.6% year-over-year).
- 2017: Revenue of $170K, expenses of $253K, and assets of $929K (revenue -5.0% year-over-year).
- 2016: Revenue of $179K, expenses of $266K, and assets of $983K (revenue -24.4% year-over-year).
- 2015: Revenue of $236K, expenses of $306K, and assets of $1.1M (revenue +43.4% year-over-year).
- 2014: Revenue of $165K, expenses of $294K, and assets of $1.2M (revenue +13.3% year-over-year).
- 2013: Revenue of $145K, expenses of $258K, and assets of $1.3M (revenue -53.9% year-over-year).
- 2012: Revenue of $316K, expenses of $233K, and assets of $1.4M (revenue -2.6% year-over-year).
- 2011: Revenue of $324K, expenses of $213K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Phi Gamma Delta Fraternity:
Data Sources and Methodology
This transparency report for Phi Gamma Delta 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.