FRATERNITY EXECUTIVES ASSOCIATION INC

EIN: 311140222

INDIANAPOLIS, IN

Total Revenue
$769,915
Total Expenses
$673,130
Total Assets
$1,375,557
Net Assets
$1,369,012
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
IN
Principal Officer
NICKI MENELEY
Phone
3174901924
Tax Period
2025-01-01 to 2025-12-31

FRATERNITY EXECUTIVES ASSOCIATION INC, founded in 1985, is a small nonprofit that reported $770K in total revenue in fiscal year 2025. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $673K left a modest 13% surplus.

Mission

TO PROMOTE, SUPPORT, AND ENCOURAGE FREE DISCUSSION AND EXCHANGE OF IDEAS RELATING TO COLLEGE FRATERNAL ORGANIZATIONS.

Program Service Accomplishments

Program 1
Expenses: $237,111 Revenue: $85,700

EDUCATIONAL PROGRAMS INCLUDE: INTERFRATERNITY INSTITUTE PROGRAM WHICH IS A PROFESSIONAL DEVELOPMENT INSTITUTE FOCUSED ON COLLEGE STUDENT PROFESSIONALS WHO HAVE BEEN IN THE FIELD 1-5 YEARS. MEMBERS...

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EDUCATIONAL PROGRAMS INCLUDE: INTERFRATERNITY INSTITUTE PROGRAM WHICH IS A PROFESSIONAL DEVELOPMENT INSTITUTE FOCUSED ON COLLEGE STUDENT PROFESSIONALS WHO HAVE BEEN IN THE FIELD 1-5 YEARS. MEMBERS ATTENDED TO LEARN ABOUT STANDARDS IMPLEMENTATION, HAZING, COMMUNITY CHANGE, AND RISK MANAGEMENT.

Program 2
Expenses: $292,381 Revenue: $485,338

ANNUAL MEETING: EXECUTIVES AND OTHER FRATERNAL STAFF MEMBERS ATTEND TO LEARN AND DISCUSS DIFFERENT FACTORS IN THE FRATERNAL MOVEMENT SUCH AS RISK MANAGEMENT, RECRUITMENT, EXPANSION, AND STAFF...

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ANNUAL MEETING: EXECUTIVES AND OTHER FRATERNAL STAFF MEMBERS ATTEND TO LEARN AND DISCUSS DIFFERENT FACTORS IN THE FRATERNAL MOVEMENT SUCH AS RISK MANAGEMENT, RECRUITMENT, EXPANSION, AND STAFF MANAGEMENT.

Program 3
Expenses: $13,126 Revenue: $1,728

GRANTS: INTERFRATERNITY INSTITUTE SCHOLARSHIPS, RISK MANAGEMENT, AND EDUCATIONAL GRANTS FOR INDIVIDUALS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $125,795
Program Service Revenue $570,703
Investment Income $71,354
Other Revenue $2,063
TOTAL REVENUE $769,915

Expense Breakdown

Grants Paid $0
Salaries & Benefits $147,713
Fundraising Expenses $0
Program Expenses $542,618
Other Expenses $525,417
TOTAL EXPENSES $673,130

Year-over-Year Comparison

2025 2024 Change
Revenue $769,915 $563,815 +0.4%
Expenses $673,130 $502,810 +0.3%
Net Income $96,785 $61,005 +0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
1
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$134,948
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELYSIA GALLIVAN PRESIDENT 1.00
Officer Director
$0 $0 $0
MIKE CHURCH PRESIDENT ELECT 1.00
Officer Director
$0 $0 $0
LIBBY ANDERSON TREASURER 1.00
Officer Director
$0 $0 $0
KATIE GAFFIN DIRECTOR 1.00
Director
$0 $0 $0
LESLIE HERINGTON DIRECTOR 1.00
Director
$0 $0 $0
JEFF RUNDLE DIRECTOR 1.00
Director
$0 $0 $0
NICOLE W MENELEY CHIEF EXECUTIVE OFFICER 40.00
Officer
$134,948 $0 $134,948
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $769,915 $673,130 $1,375,557 $96,785
2024 $563,815 $502,810 $1,186,084 $61,005
2023 $473,582 $607,886 $1,086,867 $-134,304
2022 $390,271 $562,718 $1,067,040 $-172,447
2021 $397,480 $220,684 $1,446,569 $176,796
2020 $66,711 $225,904 $1,351,839 $-159,193
2019 $668,971 $712,607 $1,355,516 $-43,636
2018 $673,229 $669,322 $1,211,670 $3,907
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