Alpha Gamma Delta Fraternity is located in Muncie, 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 subordinate organization within 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 06/2023, Alpha Gamma Delta Fraternity generated $70.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.6%) each year. All expenses for the organization totaled $78.9k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (14.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATIONAL, CHARITABLE AND SOCIAL PURPOSES AND NO NET EARNINGS INURE TO AN INDIVIDUAL OR PRIVATE SHAREHOLDER.
Describe the Organization's Program Activity:
Part 3
MEMBERSHIP RECRUITMENT AND RETENTION 100 MEMBERS
CHARITABLE AND EDUCATIONAL ACTIVITIES
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $14,350 |
Total Program Service Revenue | $0 |
Membership dues | $56,320 |
Investment income | $110 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$331 |
Other Revenue | $0 |
Total Revenue | $70,449 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $600 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $64,954 |
Total expenses | $78,853 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $19,008 |
Other assets | $0 |
Total assets | $19,008 |
Total liabilities | $0 |
Net assets or fund balances | $19,008 |