Theta Xi Fraternity

Theta Xi Fraternity maintains strong asset growth and financial stability with zero reported officer compensation.

EIN: 208866524 · Statesboro, GA · Updated: 2026-03-28

$167KRevenue
$612KAssets
85/100Mission Score (Excellent)
Theta Xi Fraternity Financial Summary
MetricValue
Total Revenue$167K
Total Expenses$82K
Program Spending80%
Net Assets$612K
Transparency Score85/100

Is Theta Xi Fraternity Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Theta Xi Fraternity directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Theta Xi Fraternity

Theta Xi Fraternity (EIN: 208866524) is a nonprofit organization based in Statesboro, GA. The organization reported total revenue of $167K and total assets of $612K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Theta Xi Fraternity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

86Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Theta Xi Fraternity is a small nonprofit that has been operating for 86 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$167K
Total Expenses$82K
Surplus / Deficit+$85K
Total Assets$612K
Net Assets$612K
Operating Margin50.8%
Months of Reserves89.4 months

Financial Health Grade: A

In 2023, Theta Xi Fraternity reported a surplus of $85K with revenue exceeding expenses, holds 89.4 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2011–2023), Theta Xi Fraternity's revenue has grown at a compound annual growth rate (CAGR) of 17.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023-58.8%-9.4%+13.6%
2022+142.0%+50.8%+153.9%
2021+42.9%-25.9%+102.8%
2020+18.9%+14.0%+52.9%
2019-12.4%-26.6%+67.4%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1940

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Theta Xi Fraternity, based in Statesboro, GA, demonstrates a generally healthy financial position with consistent revenue generation and a strong asset base. In the most recent filing (202307), the organization reported $166,902 in revenue against $82,114 in expenses, contributing to a substantial increase in assets to $611,752 with no liabilities. This indicates effective financial management and a growing reserve. The organization's revenue has fluctuated, with a notable peak of $405,508 in 202207, suggesting variability in fundraising or membership income, but expenses have remained relatively stable and controlled. The organization's spending efficiency appears strong, as evidenced by the significant surplus in most years, particularly in 202307 where expenses were less than half of revenue. The consistent reporting of 0% officer compensation across all filings suggests that leadership is either volunteer-based or compensated through non-reportable means, which can be a positive indicator of resource allocation directly to the organization's mission. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The absence of liabilities in most recent filings further underscores financial stability. Transparency is generally good through its consistent IRS 990 filings. However, the NTEE code is unknown, which can make it difficult to benchmark against similar organizations. The lack of detailed expense categorization beyond total expenses in the provided data limits a deeper analysis of how funds are allocated across programs, administration, and fundraising. While the 0% officer compensation is a positive sign, further clarity on how funds are utilized would enhance transparency and allow for a more granular assessment of its operational efficiency and impact.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Theta Xi 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: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, Theta Xi Fraternity allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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:

$167KTotal Revenue
$82KTotal Expenses
$612KTotal Assets
$612KNet Assets
  • The organization reported a surplus of $85K, with revenue exceeding expenses.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through means not reportable as officer compensation on the 990, which is a positive for resource allocation.

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 Xi Fraternity's IRS 990 filings:

  • NTEE code is unknown, hindering peer comparison.
  • Lack of detailed expense breakdown (program, admin, fundraising) in provided data limits granular analysis of spending efficiency.

Strengths

The following positive indicators were identified for Theta Xi Fraternity:

  • Strong asset growth, increasing from $13,123 in 201407 to $611,752 in 202307.
  • Consistent reporting of 0% officer compensation, indicating efficient use of funds for mission.
  • Positive net income in most years, with revenue significantly exceeding expenses in recent periods (e.g., $166,902 revenue vs. $82,114 expenses in 202307).
  • Zero liabilities reported in the most recent filing (202307), indicating strong financial stability.
  • Consistent IRS 990 filing history, demonstrating commitment to transparency.

Frequently Asked Questions about Theta Xi Fraternity

Is Theta Xi Fraternity a legitimate charity?

Theta Xi Fraternity (EIN: 208866524) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $167K. 2 red flags identified. 5 strengths noted. Financial health grade: A.

How does Theta Xi Fraternity spend its money?

Theta Xi Fraternity directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Theta Xi Fraternity tax-deductible?

Theta Xi Fraternity is registered as a tax-exempt nonprofit (EIN: 208866524). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Theta Xi Fraternity's spending goes to programs?

Theta Xi Fraternity directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Theta Xi Fraternity located?

Theta Xi Fraternity is headquartered in Statesboro, Georgia and files with the IRS under EIN 208866524.

How many years of IRS 990 filings does Theta Xi Fraternity have?

Theta Xi Fraternity has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $167K in total revenue.

Is Theta Xi Fraternity a good charity?

Based on the available financial data, Theta Xi Fraternity demonstrates strong financial health, consistent asset growth, and efficient expense management, with no reported officer compensation. These factors suggest it is a well-managed organization from a financial perspective.

How has Theta Xi Fraternity's financial health changed over time?

Theta Xi Fraternity has shown significant financial growth, particularly in its asset base, which increased from $13,123 in 201407 to $611,752 in 202307. Revenue has fluctuated but generally trended upwards, with expenses consistently managed below revenue in most periods, indicating improving financial health.

What is the organization's approach to executive compensation?

The organization consistently reports 0% officer compensation in all available filings, suggesting a volunteer-driven leadership model or compensation structures that do not fall under reportable officer compensation, which can be seen as a positive for resource allocation.

Filing History

IRS 990 filing history for Theta Xi Fraternity showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Theta Xi Fraternity's revenue has grown by 577%, moving from $25K to $167K. Total assets increased by 22549.1% over the same period, from $3K to $612K. Total functional expenses rose by 244.1%, from $24K to $82K. In its most recent filing year (2023), Theta Xi Fraternity reported a surplus of $85K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $167K $82K $612K $0 View 990
2022 $406K $91K $538K $11K View 990
2021 $168K $60K $212K $0 View 990
2020 $117K $81K $105K $0 View 990
2019 $99K $71K $68K $0 View 990
2018 $113K $97K $41K $0 View 990
2017 $106K $170K $27K $2K View 990
2016 $109K $48K $89K $0 View 990
2015 $100K $85K $28K $0 View 990
2014 $91K $99K $13K $0 View 990
2013 $55K $70K $20K $0 View 990
2012 $40K $8K $35K $0 View 990
2011 $25K $24K $3K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $167K, expenses of $82K, and assets of $612K (revenue -58.8% year-over-year).
  • 2022: Revenue of $406K, expenses of $91K, and assets of $538K (revenue +142.0% year-over-year).
  • 2021: Revenue of $168K, expenses of $60K, and assets of $212K (revenue +42.9% year-over-year).
  • 2020: Revenue of $117K, expenses of $81K, and assets of $105K (revenue +18.9% year-over-year).
  • 2019: Revenue of $99K, expenses of $71K, and assets of $68K (revenue -12.4% year-over-year).
  • 2018: Revenue of $113K, expenses of $97K, and assets of $41K (revenue +6.2% year-over-year).
  • 2017: Revenue of $106K, expenses of $170K, and assets of $27K (revenue -2.4% year-over-year).
  • 2016: Revenue of $109K, expenses of $48K, and assets of $89K (revenue +8.4% year-over-year).
  • 2015: Revenue of $100K, expenses of $85K, and assets of $28K (revenue +9.7% year-over-year).
  • 2014: Revenue of $91K, expenses of $99K, and assets of $13K (revenue +65.2% year-over-year).
  • 2013: Revenue of $55K, expenses of $70K, and assets of $20K (revenue +36.7% year-over-year).
  • 2012: Revenue of $40K, expenses of $8K, and assets of $35K (revenue +64.1% year-over-year).
  • 2011: Revenue of $25K, expenses of $24K, and assets of $3K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Theta Xi Fraternity:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Theta Xi 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.

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