Theta Chi Fraternity Psi Chapter
EIN: 390654370 · Madison, WI · NTEE: N50
| Metric | Value |
|---|---|
| Total Revenue | $162K |
| Total Expenses | $168K |
| Net Assets | $19K |
Is Theta Chi Fraternity Psi Chapter Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Theta Chi Fraternity Psi Chapter
Theta Chi Fraternity Psi Chapter (EIN: 390654370) is a nonprofit organization based in Madison, WI, classified under NTEE code N50. The organization reported total revenue of $162K and total assets of $19K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Theta Chi Fraternity Psi Chapter's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Theta Chi Fraternity Psi Chapter is a small nonprofit that has been operating for 9 years, with 4 years of IRS 990 filings on record (2018–2021). Revenue has grown at a compound annual rate of -10.3%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $162K |
| Total Expenses | $168K |
| Surplus / Deficit | $-5,422 |
| Total Assets | $19K |
| Net Assets | $19K |
| Operating Margin | -3.3% |
| Months of Reserves | 1.3 months |
Financial Health Grade: C
In 2021, Theta Chi Fraternity Psi Chapter reported a deficit of $5K with expenses exceeding revenue, holds 1.3 months of operating reserves (limited).
Financial Trends
Over 4 years of filings (2018–2021), Theta Chi Fraternity Psi Chapter's revenue has declined at a compound annual growth rate (CAGR) of -10.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -12.3% | -8.1% | -22.5% |
| 2020 | -27.7% | -32.6% | +11.6% |
| 2019 | +13.8% | +37.0% | -41.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Theta Chi Fraternity Psi 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 Theta Chi Fraternity Psi 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 $5K, with expenses exceeding revenue.
Frequently Asked Questions about Theta Chi Fraternity Psi Chapter
Is Theta Chi Fraternity Psi Chapter a legitimate charity?
Theta Chi Fraternity Psi Chapter (EIN: 390654370) is a registered tax-exempt nonprofit based in Wisconsin. It has 4 years of IRS 990 filings on record. Total revenue: $162K. No red flags identified. Financial health grade: C.
How does Theta Chi Fraternity Psi Chapter spend its money?
Theta Chi Fraternity Psi Chapter reported $162K in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Theta Chi Fraternity Psi Chapter tax-deductible?
Theta Chi Fraternity Psi Chapter is registered as a tax-exempt nonprofit (EIN: 390654370). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Theta Chi Fraternity Psi Chapter located?
Theta Chi Fraternity Psi Chapter is headquartered in Madison, Wisconsin and files with the IRS under EIN 390654370. It is classified under NTEE code N50.
How many years of IRS 990 filings does Theta Chi Fraternity Psi Chapter have?
Theta Chi Fraternity Psi Chapter has 4 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 $162K in total revenue.
Filing History
IRS 990 filing history for Theta Chi Fraternity Psi Chapter showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2018–2021), Theta Chi Fraternity Psi Chapter's revenue has declined by 27.8%, moving from $225K to $162K. Total assets decreased by 49.1% over the same period, from $37K to $19K. Total functional expenses fell by 15.2%, from $198K to $168K. In its most recent filing year (2021), Theta Chi Fraternity Psi Chapter reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $162K | $168K | $19K | $0 | — | — |
| 2020 | $185K | $183K | $24K | $0 | — | View 990 |
| 2019 | $256K | $271K | $22K | $0 | — | View 990 |
| 2018 | $225K | $198K | $37K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $162K, expenses of $168K, and assets of $19K (revenue -12.3% year-over-year).
- 2020: Revenue of $185K, expenses of $183K, and assets of $24K (revenue -27.7% year-over-year).
- 2019: Revenue of $256K, expenses of $271K, and assets of $22K (revenue +13.8% year-over-year).
- 2018: Revenue of $225K, expenses of $198K, and assets of $37K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Theta Chi Fraternity Psi Chapter:
Data Sources and Methodology
This transparency report for Theta Chi Fraternity Psi 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.