The Alpha Omega Chapter Of Beta Theta Pi Fraternity

Fraternity maintains strong asset base and zero liabilities with volunteer leadership.

EIN: 20335994 · Hanover, NH · NTEE: B83 · Updated: 2026-03-28

$447KRevenue

$2.6MAssets

85/100Mission Score (Excellent)

B83

About The Alpha Omega Chapter Of Beta Theta Pi Fraternity

The Alpha Omega Chapter Of Beta Theta Pi Fraternity (EIN: 20335994) is a nonprofit organization based in Hanover, NH, classified under NTEE code B83. The organization reported total revenue of $447K and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Alpha Omega Chapter Of Beta Theta Pi Fraternity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Alpha Omega Chapter Of Beta Theta Pi Fraternity demonstrates consistent financial stability with a strong asset base, currently at $2,596,756. Over the past decade, the organization has shown a steady increase in assets, indicating sound financial management and growth. Revenue has fluctuated, with a notable dip in 2021 to $66,508, but has since recovered, reaching $240,768 in 2023. Expenses have generally remained below revenue, contributing to asset accumulation. The organization reports 0% officer compensation across all available filings, which is a strong indicator of volunteer-driven leadership and efficient use of funds, as it means no portion of its revenue is allocated to executive salaries. The absence of liabilities in all reported periods further underscores its robust financial health and low financial risk. Given its NTEE code (B83 - Fraternities & Sororities), its financial activities likely revolve around supporting student life and maintaining its property.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates The Alpha Omega Chapter Of Beta Theta Pi Fraternity with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, The Alpha Omega Chapter Of Beta Theta Pi Fraternity allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of its size with assets over $2.5 million.

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.

Strengths

The following positive indicators were identified for The Alpha Omega Chapter Of Beta Theta Pi Fraternity:

Consistent asset growth, from $2,190,305 in 2014 to $2,627,449 in 2023.
Zero reported liabilities across all available filings, indicating strong financial health.
0% officer compensation, demonstrating volunteer-driven leadership and efficient use of funds.
Expenses consistently below revenue in most periods, contributing to asset accumulation.
Strong financial recovery in revenue from $66,508 in 2021 to $240,768 in 2023.

Frequently Asked Questions about The Alpha Omega Chapter Of Beta Theta Pi Fraternity

What are the primary program activities funded by the organization?

Based on the NTEE code B83 (Fraternities & Sororities) and the financial data, the primary program activities likely involve supporting student members, maintaining fraternity property, and facilitating educational or social programs for its members. The consistent expenses suggest ongoing operational costs related to these activities.

How does the organization manage its significant asset base?

The organization has consistently grown its assets from $2,190,305 in 2014 to $2,627,449 in 2023, with zero reported liabilities. This suggests a conservative and effective approach to asset management, likely focused on long-term stability and property maintenance.

What caused the significant drop in revenue in 2021?

In 2021, revenue dropped to $66,508 from $220,858 in 2020. This could be attributed to various factors, potentially including reduced membership fees, fewer fundraising events, or external economic impacts such as the COVID-19 pandemic affecting student activities. However, revenue has since recovered to $240,768 in 2023.

Filing History

IRS 990 filing history for The Alpha Omega Chapter Of Beta Theta Pi Fraternity showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), The Alpha Omega Chapter Of Beta Theta Pi Fraternity's revenue has grown by 34.4%, moving from $179K to $241K. Total assets increased by 32% over the same period, from $2.0M to $2.6M. Total functional expenses rose by 4.1%, from $178K to $185K. In its most recent filing year (2023), The Alpha Omega Chapter Of Beta Theta Pi Fraternity reported a surplus of $56K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$241K	$185K	$2.6M	$0	—	View 990
2022	$228K	$148K	$2.6M	$0	—	View 990
2021	$67K	$194K	$2.5M	$0	—	—
2020	$221K	$184K	$2.6M	$0	—	—
2019	$235K	$199K	$2.6M	$0	—	View 990
2018	$243K	$167K	$2.5M	$0	—	View 990
2017	$203K	$130K	$2.5M	$0	—	View 990
2016	$286K	$131K	$2.4M	$0	—	View 990
2015	$224K	$172K	$2.2M	$0	—	View 990
2014	$233K	$151K	$2.2M	$0	—	View 990
2013	$283K	$143K	$2.1M	$0	—	View 990
2012	$179K	$178K	$2.0M	$22K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $241K, expenses of $185K, and assets of $2.6M (revenue +5.5% year-over-year).
2022: Revenue of $228K, expenses of $148K, and assets of $2.6M (revenue +243.2% year-over-year).
2021: Revenue of $67K, expenses of $194K, and assets of $2.5M (revenue -69.9% year-over-year).
2020: Revenue of $221K, expenses of $184K, and assets of $2.6M (revenue -5.9% year-over-year).
2019: Revenue of $235K, expenses of $199K, and assets of $2.6M (revenue -3.6% year-over-year).
2018: Revenue of $243K, expenses of $167K, and assets of $2.5M (revenue +20.0% year-over-year).
2017: Revenue of $203K, expenses of $130K, and assets of $2.5M (revenue -29.0% year-over-year).
2016: Revenue of $286K, expenses of $131K, and assets of $2.4M (revenue +27.4% year-over-year).
2015: Revenue of $224K, expenses of $172K, and assets of $2.2M (revenue -3.8% year-over-year).
2014: Revenue of $233K, expenses of $151K, and assets of $2.2M (revenue -17.6% year-over-year).
2013: Revenue of $283K, expenses of $143K, and assets of $2.1M (revenue +58.0% year-over-year).
2012: Revenue of $179K, expenses of $178K, and assets of $2.0M.

Data Sources and Methodology

This transparency report for The Alpha Omega Chapter Of Beta Theta Pi 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.