Sigma Chi Alpha Tau Chapter
EIN: 560552581 · Chapel Hill, NC
| Metric | Value |
|---|---|
| Total Revenue | $435K |
| Total Expenses | $450K |
| Net Assets | $92K |
Is Sigma Chi Alpha Tau Chapter Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sigma Chi Alpha Tau Chapter
Sigma Chi Alpha Tau Chapter (EIN: 560552581) is a nonprofit organization based in Chapel Hill, NC. The organization reported total revenue of $435K and total assets of $92K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sigma Chi Alpha Tau Chapter's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sigma Chi Alpha Tau Chapter is a small nonprofit that has been operating for 6 years, with 2 years of IRS 990 filings on record (2020–2021). Revenue has grown at a compound annual rate of -15.3%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $435K |
| Total Expenses | $450K |
| Surplus / Deficit | $-15,368 |
| Total Assets | $92K |
| Net Assets | $92K |
| Operating Margin | -3.5% |
| Months of Reserves | 2.5 months |
Financial Health Grade: C
In 2021, Sigma Chi Alpha Tau Chapter reported a deficit of $15K with expenses exceeding revenue, holds 2.5 months of operating reserves (limited).
Financial Trends
Over 2 years of filings (2020–2021), Sigma Chi Alpha Tau Chapter's revenue has declined at a compound annual growth rate (CAGR) of -15.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -15.3% | +5.8% | -14.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sigma Chi Alpha Tau Chapter 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 Sigma Chi Alpha Tau Chapter 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $15K, with expenses exceeding revenue.
Frequently Asked Questions about Sigma Chi Alpha Tau Chapter
Is Sigma Chi Alpha Tau Chapter a legitimate charity?
Sigma Chi Alpha Tau Chapter (EIN: 560552581) is a registered tax-exempt nonprofit based in North Carolina. It has 2 years of IRS 990 filings on record. Total revenue: $435K. No red flags identified. Financial health grade: C.
How does Sigma Chi Alpha Tau Chapter spend its money?
Sigma Chi Alpha Tau Chapter reported $435K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sigma Chi Alpha Tau Chapter tax-deductible?
Sigma Chi Alpha Tau Chapter is registered as a tax-exempt nonprofit (EIN: 560552581). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sigma Chi Alpha Tau Chapter located?
Sigma Chi Alpha Tau Chapter is headquartered in Chapel Hill, North Carolina and files with the IRS under EIN 560552581.
How many years of IRS 990 filings does Sigma Chi Alpha Tau Chapter have?
Sigma Chi Alpha Tau Chapter has 2 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 $435K in total revenue.
Filing History
IRS 990 filing history for Sigma Chi Alpha Tau Chapter showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2020–2021), Sigma Chi Alpha Tau Chapter's revenue has declined by 15.3%, moving from $513K to $435K. Total assets decreased by 14.3% over the same period, from $107K to $92K. Total functional expenses rose by 5.8%, from $426K to $450K. In its most recent filing year (2021), Sigma Chi Alpha Tau Chapter reported a deficit of $15K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $435K | $450K | $92K | $0 | — | — |
| 2020 | $513K | $426K | $107K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sigma Chi Alpha Tau Chapter:
Data Sources and Methodology
This transparency report for Sigma Chi Alpha Tau Chapter 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.