Association Of Fraternal Leadership & Values is located in Fishers, IN. The organization was established in 1983. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Association Of Fraternal Leadership & Values is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2023, Association Of Fraternal Leadership & Values generated $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $1.4m during the year ending 08/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION OF FRATERNAL LEADERSHIP & VALUES (AFLV) EXISTS TO ACCELERATE PROGRESS IN FRATERNITY & SORORITY COMMUNITIES THROUGH CHANGE-ENABLING EXPERIENCES
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCES & EVENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lindsay Sell Chair | OfficerTrustee | 1 | $0 |
Dhanfu Elston PHD Vice Chair | OfficerTrustee | 1 | $0 |
Geoffrey E Brown Treaurer | OfficerTrustee | 1 | $0 |
Sonja Ardoin Member/director | Trustee | 1 | $0 |
Michelle Guobadia Member/director | Trustee | 1 | $0 |
Mike Hayes Member/director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $96,395 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $21,027 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $117,422 |
Total Program Service Revenue | $1,169,992 |
Investment income | $5,724 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
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 | $1,369,517 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $1,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $95,527 |
Compensation of current officers, directors, key employees. | $40,562 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $260,255 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $57,500 |
Fees for services: Legal | $2,299 |
Fees for services: Accounting | $6,161 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $28,060 |
Advertising and promotion | $0 |
Office expenses | $17,707 |
Information technology | $40,060 |
Royalties | $0 |
Occupancy | $4,720 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $784,895 |
Interest | $13,409 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $10,042 |
All other expenses | $0 |
Total functional expenses | $1,381,129 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $670,037 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $5,000 |
Accounts receivable, net | $100,659 |
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 | $25,817 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $149,807 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $951,320 |
Accounts payable and accrued expenses | $62,065 |
Grants payable | $0 |
Deferred revenue | $21,875 |
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 | $510,046 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $18,204 |
Total liabilities | $612,190 |
Net assets without donor restrictions | $306,181 |
Net assets with donor restrictions | $32,949 |
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 | $951,320 |