Theta Chi Fraternity Zeta Chapter
Theta Chi Fraternity Zeta Chapter: Declining Revenue, Stable Assets
EIN: 222490805 · Durham, NH · NTEE: N50 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $108K |
| Total Expenses | $202K |
| Program Spending | 80% |
| Net Assets | $50K |
| Transparency Score | 65/100 |
Is Theta Chi Fraternity Zeta Chapter Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Theta Chi Fraternity Zeta Chapter directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Theta Chi Fraternity Zeta Chapter
Theta Chi Fraternity Zeta Chapter (EIN: 222490805) is a nonprofit organization based in Durham, NH, classified under NTEE code N50. The organization reported total revenue of $108K and total assets of $27K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Theta Chi Fraternity Zeta Chapter's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Theta Chi Fraternity Zeta Chapter is a small nonprofit that has been operating for 5 years, with 4 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $214K |
| Total Expenses | $202K |
| Surplus / Deficit | +$12K |
| Total Assets | $50K |
| Net Assets | $50K |
| Operating Margin | 5.6% |
| Months of Reserves | 2.9 months |
Financial Health Grade: A
In 2023, Theta Chi Fraternity Zeta Chapter reported a surplus of $12K with revenue exceeding expenses, holds 2.9 months of operating reserves (limited).
Financial Trends
Over 4 years of filings (2019–2023), Theta Chi Fraternity Zeta Chapter's revenue has declined at a compound annual growth rate (CAGR) of -10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -31.4% | -33.6% | +110.3% |
| 2021 | -0.9% | -11.8% | +50.4% |
| 2020 | -7.1% | +17.3% | -65.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Theta Chi Fraternity Zeta Chapter with a Mission Score of 65 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Theta Chi Fraternity Zeta Chapter allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures for key personnel are provided in the available 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 Theta Chi Fraternity Zeta Chapter's IRS 990 filings:
- Revenue has shown a consistent decline from $339,122 in 2019 to $213,956 in 2023.
- The provided data lacks specific details on program activities and their associated costs, making it difficult to assess program effectiveness.
Strengths
The following positive indicators were identified for Theta Chi Fraternity Zeta Chapter:
- Assets have remained relatively stable, ranging from $15,676 to $49,578 over the period.
- The organization consistently files its financial reports, indicating a basic level of compliance.
Frequently Asked Questions about Theta Chi Fraternity Zeta Chapter
Is Theta Chi Fraternity Zeta Chapter a legitimate charity?
Theta Chi Fraternity Zeta Chapter (EIN: 222490805) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 65/100. It has 4 years of IRS 990 filings on record. Total revenue: $108K. 2 red flags identified. 2 strengths noted. Financial health grade: A.
How does Theta Chi Fraternity Zeta Chapter spend its money?
Theta Chi Fraternity Zeta Chapter directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Theta Chi Fraternity Zeta Chapter tax-deductible?
Theta Chi Fraternity Zeta Chapter is registered as a tax-exempt nonprofit (EIN: 222490805). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Theta Chi Fraternity Zeta Chapter's spending goes to programs?
Theta Chi Fraternity Zeta Chapter directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Theta Chi Fraternity Zeta Chapter compare to similar nonprofits?
With a transparency score of 65/100 (Good), Theta Chi Fraternity Zeta Chapter is above average for NTEE category N50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Theta Chi Fraternity Zeta Chapter located?
Theta Chi Fraternity Zeta Chapter is headquartered in Durham, New Hampshire and files with the IRS under EIN 222490805. It is classified under NTEE code N50.
How many years of IRS 990 filings does Theta Chi Fraternity Zeta Chapter have?
Theta Chi Fraternity Zeta 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 $108K in total revenue.
What does Theta Chi Fraternity Zeta Chapter do?
Theta Chi Fraternity Zeta Chapter is a nonprofit organization in the Recreation & Sports sector, located in Durham, New Hampshire. It is classified under NTEE code N50.
How much revenue does Theta Chi Fraternity Zeta Chapter have?
Theta Chi Fraternity Zeta Chapter reported total revenue of $108,345. Based on 4 IRS 990 filings on record.
What are Theta Chi Fraternity Zeta Chapter's total assets?
Theta Chi Fraternity Zeta Chapter holds total assets of $27,182 as reported in IRS 990 filings.
Where is Theta Chi Fraternity Zeta Chapter located?
Theta Chi Fraternity Zeta Chapter is based in Durham, New Hampshire.
What is Theta Chi Fraternity Zeta Chapter's EIN?
Theta Chi Fraternity Zeta Chapter's Employer Identification Number (EIN) is 222490805. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Theta Chi Fraternity Zeta Chapter?
Theta Chi Fraternity Zeta Chapter is classified under NTEE code N50 (Recreation & Sports).
Is Theta Chi Fraternity Zeta Chapter a registered 501(c)(3)?
Yes, Theta Chi Fraternity Zeta Chapter is recognized as a tax-exempt organization by the IRS. EIN: 222490805.
Does Theta Chi Fraternity Zeta Chapter file IRS Form 990?
Yes, Theta Chi Fraternity Zeta Chapter has 4 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Theta Chi Fraternity Zeta Chapter's revenue in 2023?
In the 202312 filing period, Theta Chi Fraternity Zeta Chapter reported total revenue of $213,956, total expenses of $202,004, and net assets of $49,578.
Is Theta Chi Fraternity Zeta Chapter's revenue growing or declining?
Theta Chi Fraternity Zeta Chapter's revenue is declining. Revenue went from $311,999 (202112) to $213,956 (202312), a -31.4% change. Based on 4 filings on record.
What is Theta Chi Fraternity Zeta Chapter's most recent 990 filing?
The most recent IRS Form 990 filing for Theta Chi Fraternity Zeta Chapter covers tax period 202312. It shows revenue of $213,956, expenses of $202,004, total assets of $49,578, and liabilities of N/A.
How much does Theta Chi Fraternity Zeta Chapter spend on programs vs administration?
Based on IRS 990 analysis, Theta Chi Fraternity Zeta Chapter allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Theta Chi Fraternity Zeta Chapter a trustworthy charity?
Based on AI analysis of IRS 990 data, Theta Chi Fraternity Zeta Chapter shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Theta Chi Fraternity Zeta Chapter?
The following concerns were identified: Revenue has shown a consistent decline from $339,122 in 2019 to $213,956 in 2023.. The provided data lacks specific details on program activities and their associated costs, making it difficult to assess program effectiveness.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Theta Chi Fraternity Zeta Chapter's strengths?
Positive indicators for Theta Chi Fraternity Zeta Chapter include: Assets have remained relatively stable, ranging from $15,676 to $49,578 over the period.. The organization consistently files its financial reports, indicating a basic level of compliance.. These findings are derived from AI analysis of the organization's financial filings.
How does Theta Chi Fraternity Zeta Chapter compensate executives?
Executive compensation cannot be assessed as no specific compensation figures for key personnel are provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors are contributing to the consistent decline in revenue for Theta Chi Fraternity Zeta Chapter, and what strategies are being implemented to reverse this trend?
The provided data does not offer insights into the causes of revenue decline or any specific strategies to address it. Further investigation into membership trends, fundraising efforts, and operational changes would be necessary.
Filing History
IRS 990 filing history for Theta Chi Fraternity Zeta Chapter showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2019–2023), Theta Chi Fraternity Zeta Chapter's revenue has declined by 36.9%, moving from $339K to $214K. Total assets increased by 9.2% over the same period, from $45K to $50K. Total functional expenses fell by 31.2%, from $294K to $202K. In its most recent filing year (2023), Theta Chi Fraternity Zeta Chapter reported a surplus of $12K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $214K | $202K | $50K | $0 | — | — |
| 2021 | $312K | $304K | $24K | $0 | — | View 990 |
| 2020 | $315K | $345K | $16K | $0 | — | View 990 |
| 2019 | $339K | $294K | $45K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $214K, expenses of $202K, and assets of $50K (revenue -31.4% year-over-year).
- 2021: Revenue of $312K, expenses of $304K, and assets of $24K (revenue -0.9% year-over-year).
- 2020: Revenue of $315K, expenses of $345K, and assets of $16K (revenue -7.1% year-over-year).
- 2019: Revenue of $339K, expenses of $294K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Theta Chi Fraternity Zeta Chapter:
Data Sources and Methodology
This transparency report for Theta Chi Fraternity Zeta 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.