Alpha Gamma Delta Fraternity
- Assets
- $13.0m
- Revenue
- $5.5m
- Investments
- $3.5m
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 05/1941
- Data as of
- 05/2022
- EIN
- 22-1550561
Organization Overview
Alpha Gamma Delta Fraternity is located in Indianapolis, IN. The organization was established in 1941. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. Alpha Gamma Delta Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 05/2022, Alpha Gamma Delta Fraternity generated $5.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $5.7m during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE A SPIRIT OF MUTUAL ASSISTANCE AND UNDERSTANDING TO MAINTAIN HIGH STANDARDS OF SCHOLARSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE INTERNATIONAL PROPERTY AND LIABILITY INSURANCE PROGRAM IS ADMINISTERED BY THE FRATERNITY. THE INSURANCE PROGRAM SERVES NUMEROUS HOUSE ASSOCIATIONS, UNDERGRADUATE CHAPTERS, ALUMNI CHAPTERS AND CLUBS THROUGHOUT THE YEAR.
THE INTERNATIONAL CONVENTION AND WORKSHOPS ARE ADMINISTERED THROUGH THE OPERATING FUND. THE CONVENTION IS HELD EVERY OTHER YEAR.
TO PROVIDE MEMBER SERVICES BY SELLING JEWELRY AND SUPPLIES AND PUBLISHING QUARTERLY MAGAZINES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katie Abernathy Executive Director | Officer | 75 | $157,177 |
Stephanie Simpson Vice Pres - Collegians | OfficerTrustee | 10 | $0 |
Karen Metzger Vice Pres - Panhellenic Af | OfficerTrustee | 10 | $0 |
Lee Woodham Langub President | OfficerTrustee | 12 | $0 |
Andrea Pendleton Vice Pres - International | OfficerTrustee | 10 | $0 |
Michele Schallip Vice Pres - International | OfficerTrustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Herff Jones Fraternity Regalia | 5/30/22 | $145,453 |
Network Technology Solutions Network Infrastructure | 5/30/22 | $133,680 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $231,703 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $231,703 |
| Total Program Service Revenue | $4,282,089 |
| Investment income | $359,440 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $197,743 |
| Net Rental Income | -$35,549 |
| Net Gain/Loss on Asset Sales | $120,541 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $297,632 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,499,858 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $239,783 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $152,410 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,776,678 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $150,512 |
| Payroll taxes | $159,763 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $24,523 |
| Fees for services: Accounting | $42,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $60,924 |
| Fees for services: Other | $318,427 |
| Advertising and promotion | $7,839 |
| Office expenses | $267,505 |
| Information technology | $288,218 |
| Royalties | $0 |
| Occupancy | $47,226 |
| Travel | $366,101 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $147,957 |
| Interest | $122,671 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $207,228 |
| Insurance | $939,988 |
| All other expenses | $42,688 |
| Total functional expenses | $5,656,056 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,050,397 |
| Savings and temporary cash investments | $1,548,336 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $380,960 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $264,417 |
| Net Land, buildings, and equipment | $2,603,996 |
| Investments—publicly traded securities | $3,699,882 |
| Investments—other securities | $3,486,200 |
| Investments—program-related | $0 |
| Intangible assets | $4,014 |
| Other assets | $0 |
| Total assets | $13,038,202 |
| Accounts payable and accrued expenses | $236,235 |
| Grants payable | $0 |
| Deferred revenue | $446,620 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $4,769,375 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,031,140 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $615,463 |
| Total liabilities | $8,098,833 |
| Net assets without donor restrictions | $4,868,069 |
| Net assets with donor restrictions | $71,300 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $13,038,202 |
Grants Awarded
Over the last fiscal year, Alpha Gamma Delta Fraternity has awarded $230,903 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ALPHA GAMMA DELTA FRATERNITY HOUSING CORPORATION PURPOSE: SUPPORT MEMBER OCCUPANCY LOSS DUE TO COVID-19 | $120,069 |
ARIZONA STATE UNIVERSITY PURPOSE: GRANT TO COVER EMPTY BED FEE | $110,834 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Alpha Gamma Delta Fraternity has recieved totaling $199,892.
| Awarding Organization | Amount |
|---|---|
Alpha Gamma Delta Foundation Inc Indianapolis, IN PURPOSE: MENTAL HEALTH PROGRAMS INCLUDING SELF-CARE, GROUP DYNAMICS AND MANAGING UNCERTAINTY. | $53,000 |
Alpha Gamma Delta Foundation Inc Indianapolis, IN PURPOSE: 152 HANDS-ON LEADERSHIP TRAINING VISITS TO 90 CHAPTERS. | $43,236 |
Alpha Gamma Delta Foundation Inc Indianapolis, IN PURPOSE: VIRTUAL LEARNING MANAGEMENT SYSTEM AND TRAINING PROGRAMS AVAILABLE TO ALL MEMBERS | $35,100 |
Alpha Gamma Delta Foundation Inc Indianapolis, IN PURPOSE: ACADEMY FOR COLLEGIATE OFFICERS FOCUSING ON LEADING TEAMS AND RESILIENCE | $34,055 |
Alpha Gamma Delta Foundation Inc Indianapolis, IN PURPOSE: EQUITY EDUCATION PROGRAMS ON INCLUSION, BELONGING, BIAS AND DIFFICULT CONVERSATIONS. | $28,655 |
Alpha Gamma Delta Foundation Inc Indianapolis, IN PURPOSE: EMPOWER LEADERSHIP PROGRAM DEVELOPMENT FOR OUR MOST MOTIVATED LEADERS. | $5,846 |
Endowment Analysis
| Beg. Balance | $75,294 |
| Earnings | -$3,994 |
| Ending Balance | $71,300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sigma Theta Tau International Inc Indianapolis, IN | $54,290,357 | $14,050,020 |
Alpha Xi Delta Fraternity Indianapolis, IN | $11,173,738 | $8,227,558 |
Alpha Phi International Fraternity Inc Chicago, IL | $56,554,412 | $12,398,073 |
Esponda Associates Inc Indianapolis, IN | $35,625,730 | $7,839,159 |
Pi Beta Phi Fraternity Town Country, MO | $45,635,121 | $9,219,516 |
Alpha Gamma Delta Fraternity Indianapolis, IN | $13,038,202 | $5,499,858 |
Alpha Chi Omega Foundation Inc Indianapolis, IN | $28,935,274 | $7,451,164 |
Alpha Phi Foundation Inc Park Ridge, IL | $26,651,155 | $5,758,361 |
Sigma Tau Gamma Fraternity Indianapolis, IN | $5,058,507 | $3,953,336 |
Educational Foundation Of Alpha Gamma Rho Kansas City, MO | $16,072,489 | $5,767,840 |
Delta Tau Delta Educational Foundation Inc Fishers, IN | $27,163,598 | $7,019,094 |
Alpha Phi International Fraternity Inc Chicago, IL | $421,200 | $3,656,233 |