Alpha Gamma Rho Fraternity
- Assets
- $243.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bowling Green, KY
- Founding
- 03/1941
- Data as of
- 12/2021
- EIN
- 61-1230615
Organization Overview
Alpha Gamma Rho Fraternity is located in Bowling Green, KY. The organization was established in 1941. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, 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 12/2021, Alpha Gamma Rho Fraternity generated $56.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (12.6%) each year. All expenses for the organization totaled $32.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (29.2%) per year over the past 3 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROMOTE AND SUPPORT THE CHARITABLE AND EDUCATIONAL PURPOSES OF THE FRATERNITY AND THEIR MEMBERSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Wilson Board Member | 0 | $0 | |
Tommy Green President | 0 | $0 | |
Garry Gibson Treasurer | 0 | $0 | |
Doyle Cunningham Secretary | 0 | $0 | |
Ernest Yates Board Member | 0 | $0 | |
David Swetmon Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,213 |
| Total Program Service Revenue | $0 |
| Membership dues | $11,907 |
| Investment income | $22,340 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,574 |
| Other Revenue | $0 |
| Total Revenue | $56,034 |
| 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 | $175 |
| Occupancy, rent, utilities, and maintenance | $20,983 |
| Printing, publications, postage, and shipping | $146 |
| Other expenses | $11,239 |
| Total expenses | $32,543 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,930 |
| Other assets | $0 |
| Total assets | $243,112 |
| Total liabilities | $0 |
| Net assets or fund balances | $243,112 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indiana University Alumni Association Inc Bloomington, IN | $31,479,674 | $10,109,353 |
The University Of Illinois Alumni Association Urbana, IL | $29,310,021 | $6,588,632 |
Purdue Alumni Association Inc Memorial Union Building West Lafayette, IN | $28,454,716 | $5,513,832 |
Case Alumni Associationincorporated Cleveland, OH | $4,548,848 | $4,106,693 |
University School Alumni Assoc Shaker Heights, OH | $141,981 | $3,476,186 |
University Of Kentucky Alumni Association Inc Lexington, KY | $23,880,056 | $3,849,544 |
West Virginia University Alumni Association Inc Morgantown, WV | $18,753,718 | $1,910,317 |
University Of Missouri Alumni Assn Columbia, MO | $16,718,552 | $3,263,310 |
Medical College Of Va Alumni Assoc Of Virginia Commonwealth Univ Richmond, VA | $0 | $190,238 |
Virginia Commonwealth Universi ALUMNI Richmond, VA | $0 | $210,514 |
University Of The Philippines Medical Alumni Society In America Lafayette, IN | $12,245,411 | $1,758,364 |
V M I Alumni Association Lexington, VA | $3,901,860 | $1,387,698 |