Alpha Gamma Rho Fraternity is located in Jonesboro, AR. 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 subordinate organization within an affiliated group for tax-exemption purposes. Alpha Gamma Rho Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 08/2022, Alpha Gamma Rho Fraternity generated $123.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $86.8k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 7 years. 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 MAKE BETTER MEN, AND THROUGH THEM A BROADER AND BETTER AGRICULTURE BY SURROUNDING OUR MEMBERS WITH INFLUENCES TENDING TO ENCOURAGE INDIVIDUAL ENDEAVOR, RESOURCEFULNESS AND AGGRESSIVE EFFORT MAKING FOR THE DEVELOPMENT OF BETTER MENTAL, SOCIAL, & MORAL MEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE MEMBERSHIP BENEFITS THROUGH CHARITABLE AND EDUCATIONAL ACTIVITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jesse Taylor Vnr - Operations/house Man | Officer | 10 | $0 |
Colby Hopkins Finance | Officer | 10 | $0 |
Tj Emison Risk Manager | Officer | 10 | $0 |
Bobby Finley Alumni President | Officer | 10 | $0 |
Dace Lee Noble Ruler- President | Officer | 10 | $0 |
Wyatt Barnett Vnr- Planning | Officer | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $138,738 |
Fundraising events | $400 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $4,101 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $143,239 |
Total Program Service Revenue | $0 |
Investment income | $27 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$20,062 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $123,204 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $75 |
Fees for services: Accounting | $925 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $395 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $2,100 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,665 |
Interest | $19,994 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $19,359 |
Insurance | $11,835 |
All other expenses | $4,241 |
Total functional expenses | $86,794 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $65,070 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $504,216 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $569,286 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $409,958 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $409,958 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
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 | $159,328 |
Total liabilities and net assets/fund balances | $569,286 |
Organization Name | Assets | Revenue |
---|---|---|
Alpha Omicron Pi Fraternity Inc Brentwood, TN | $57,425,535 | $8,065,959 |
Pi Beta Phi Fraternity Town Country, MO | $45,635,121 | $9,219,516 |
Delta Delta Delta Park Street Properties Llc Dallas, TX | $1,524,558 | $6,844,854 |
Honor Society Of Phi Kappa Phi Baton Rouge, LA | $65,517,375 | $6,309,664 |
Educational Foundation Of Alpha Gamma Rho Kansas City, MO | $16,072,489 | $5,767,840 |
Pi Beta Phi Fraterntiy Town Country, MO | $1,016,424 | $3,235,102 |
Nautilus Management Inc Memphis, TN | $16,834,211 | $2,172,564 |
The Tau Beta Pi Association Inc Knoxville, TN | $43,758,884 | $4,633,459 |
Tri Delta Housing Inc Dallas, TX | $3,409,218 | $1,400,485 |
Delta Kappa Gamma Society Austin, TX | $10,208,781 | $2,395,824 |
Zeta Beta Tau Fraternity Dallas, TX | $286,134 | $1,671,786 |
Alpha Phi Omega National Service Fraternity Kansas City, MO | $10,346,073 | $1,755,361 |