Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity
Rutgers Alumni Association of Alpha Sigma Phi Fraternity: Declining Revenue and High Administrative Costs Raise Concerns
EIN: 221450247 · Red Bank, NJ · NTEE: N50 · Updated: 2026-04-04
Is Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity
Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity (EIN: 221450247) is a nonprofit organization based in Red Bank, NJ, classified under NTEE code N50. The organization reported total revenue of $153K and total assets of $46K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
Executive compensation cannot be assessed as no compensation is reported in the provided financial data.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity's IRS 990 filings:
- Zero program service expenses reported across all years, suggesting a lack of direct charitable impact.
- 100% of functional expenses allocated to administrative costs, indicating potential inefficiency or misclassification.
- Significant decline in revenue by over 50% from 2022 to 2023 ($105,594 to $51,695).
- Accumulated assets are relatively low compared to historical revenue, with a notable drop in 2017 ($61,364) and subsequent low levels.
Strengths
The following positive indicators were identified for Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity:
- Consistent reporting of financial data over several years, providing a historical overview.
Frequently Asked Questions about Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity
Is Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity a legitimate charity?
Based on AI analysis of IRS 990 filings, Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity (EIN: 221450247) significant concerns. Mission Score: 45/100. 4 red flags identified, 1 strength noted.
How does Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity spend its money?
Detailed spending breakdown data is not yet available for Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity. Check back for updated IRS 990 analysis.
Are donations to Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity tax-deductible?
Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity is registered as a tax-exempt nonprofit (EIN: 221450247). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity do?
Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity is a nonprofit organization in the Recreation & Sports sector, located in Red Bank, New Jersey. It is classified under NTEE code N50.
How much revenue does Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity have?
Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity reported total revenue of $152,595. Based on 7 IRS 990 filings on record.
What are Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity's total assets?
Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity holds total assets of $46,186 as reported in IRS 990 filings.
Where is Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity located?
Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity is based in Red Bank, New Jersey.
What is Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity's EIN?
Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity's Employer Identification Number (EIN) is 221450247. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity?
Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity is classified under NTEE code N50 (Recreation & Sports).
Is Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity a registered 501(c)(3)?
Yes, Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity is recognized as a tax-exempt organization by the IRS. EIN: 221450247.
Does Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity file IRS Form 990?
Yes, Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity has 7 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity's revenue in 2023?
In the 202312 filing period, Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity reported total revenue of $51,695, total expenses of $66,158, and net assets of $1,612.
Is Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity's revenue growing or declining?
Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity's revenue is declining. Revenue went from $105,594 (202212) to $51,695 (202312), a -51.0% change. Based on 7 filings on record.
What is Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity's most recent 990 filing?
The most recent IRS Form 990 filing for Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity covers tax period 202312. It shows revenue of $51,695, expenses of $66,158, total assets of $1,612, and liabilities of N/A.
Is Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity a trustworthy charity?
Based on AI analysis of IRS 990 data, Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity shows mixed signals. Mission Score: 45/100 (Fair). 4 red flags identified. 1 strength noted.
What are the red flags for Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity?
The following concerns were identified: Zero program service expenses reported across all years, suggesting a lack of direct charitable impact.. 100% of functional expenses allocated to administrative costs, indicating potential inefficiency or misclassification.. Significant decline in revenue by over 50% from 2022 to 2023 ($105,594 to $51,695).. Accumulated assets are relatively low compared to historical revenue, with a notable drop in 2017 ($61,364) and subsequent low levels.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity's strengths?
Positive indicators for Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity include: Consistent reporting of financial data over several years, providing a historical overview.. These findings are derived from AI analysis of the organization's financial filings.
How does Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity compensate executives?
Executive compensation cannot be assessed as no compensation is reported in the provided financial data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of 0% program service expenses, what is the primary purpose and actual activities of the Rutgers Alumni Association of the Alpha Sigma Phi Fraternity?
The financial data suggests the organization primarily functions as an administrative entity, potentially managing alumni relations or internal fraternity affairs without direct charitable program delivery. Further investigation into their mission statement and non-financial activities would be necessary to understand their actual purpose.
How does the organization sustain operations with 100% administrative expenses and no reported fundraising costs?
The organization sustains operations by utilizing its revenue entirely for administrative functions. The absence of reported fundraising costs suggests that revenue is either generated through membership dues, passive investments, or other non-fundraising income streams that are not explicitly detailed as 'fundraising expenses' in the provided data.
Filing History
IRS 990 filing history for Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity's revenue has grown by 337%, moving from $12K to $52K. Total assets decreased by 97.4% over the same period, from $61K to $2K. Total functional expenses rose by 452.9%, from $12K to $66K. In its most recent filing year (2023), Rutgers Alumni Assoc Of The Alpha Sigma Phi Fraternity reported a deficit of $14K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $52K | $66K | $2K | $0 | — | — |
| 2022 | $106K | $92K | $16K | $0 | — | View 990 |
| 2021 | $87K | $115K | $2K | $0 | — | — |
| 2020 | $85K | $88K | $2K | $0 | — | View 990 |
| 2019 | $88K | $85K | $4K | $0 | — | View 990 |
| 2018 | $78K | $77K | $1K | $0 | — | View 990 |
| 2017 | $12K | $12K | $61K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $52K, expenses of $66K, and assets of $2K (revenue -51.0% year-over-year).
- 2022: Revenue of $106K, expenses of $92K, and assets of $16K (revenue +20.7% year-over-year).
- 2021: Revenue of $87K, expenses of $115K, and assets of $2K (revenue +2.4% year-over-year).
- 2020: Revenue of $85K, expenses of $88K, and assets of $2K (revenue -2.7% year-over-year).
- 2019: Revenue of $88K, expenses of $85K, and assets of $4K (revenue +12.1% year-over-year).
- 2018: Revenue of $78K, expenses of $77K, and assets of $1K (revenue +562.0% year-over-year).
- 2017: Revenue of $12K, expenses of $12K, and assets of $61K.
Data Sources and Methodology
This transparency report for Rutgers Alumni Assoc Of The Alpha Sigma Phi 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.