ALPHA CHI SIGMA FRATERNITY INC

EIN: 350141910 501(c)(3) Education

INDIANAPOLIS, IN

Total Revenue
$584,264
Total Expenses
$600,070
Total Assets
$1,155,319
Net Assets
$1,120,494
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
IN
Principal Officer
JOHN STIPP
Phone
8002524369
Tax Period
2024-01-01 to 2024-12-31

ALPHA CHI SIGMA FRATERNITY INC, founded in 1967, is a small nonprofit in the Education sector that reported $584K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

ORGANIZE, OPERATE, AND FOSTER COLLEGIATE AND PROFESSIONAL CHAPTERS TO PROMOTE THE SCIENTIFIC PURSUIT AND EDUCATIONAL ADVANCEMENTS OF CHEMISTRY AND TO COMMUNICATE SUCH ACTIVITIES WITH QUARTERLY PUBLICATIONS.

Program Service Accomplishments

Program 1
Expenses: $25,667 Revenue: $384,268

TO COMMUNICATE THE ACTIVITIES AND ACCOMPLISHMENTS OF THE FRATERNITY IN A QUARTERLY NEWSLETTER CALLED THE HEXAGON. PRINTED COPIES GO TO ROUGHLY 7000 MEMBERS EVERY YEAR.

Program 2
Expenses: $108,285 Revenue: $60,202

GRAND CHAPTER CONCLAVE - BIENNIAL GATHERING OF MEMBERS OF THE FRATERNITY. BUSINESS SESSIONS OF CONCLAVE ELECT OFFICERS, PROPOSE AND VOTE ON LEGISLATION, ETC. PROFESSIONAL POSTER SESSIONS AND AWARDS...

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GRAND CHAPTER CONCLAVE - BIENNIAL GATHERING OF MEMBERS OF THE FRATERNITY. BUSINESS SESSIONS OF CONCLAVE ELECT OFFICERS, PROPOSE AND VOTE ON LEGISLATION, ETC. PROFESSIONAL POSTER SESSIONS AND AWARDS HIGHLIGHTING ACCOMPLISHMENTS OF MEMBERS IN CHEMISTRY AND RELATED FIELDS ALSO TAKE PLACE AT THIS EVENT. APPROXIMATELY 200 PEOPLE ATTENDED THE CONCLAVE IN 2024 AND THE LEARNINGS WERE TAKEN BACK TO THEIR CHAPTERS, THUS IMPACTING ROUGHLY 2500 MEMBERS.

Program 3
Expenses: $4,866 Revenue: $0

DISTRICT COUNSELORS HOLD DISTRICT CONCLAVES (REGIONAL MEETINGS) AND VISIT THEIR CHAPTERS EACH YEAR. THESE MEETINGS HELP SHARE IDEAS BETWEEN MEMBERS AND CHAPTERS ON TOPICS RANGING FROM SCIENCE...

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DISTRICT COUNSELORS HOLD DISTRICT CONCLAVES (REGIONAL MEETINGS) AND VISIT THEIR CHAPTERS EACH YEAR. THESE MEETINGS HELP SHARE IDEAS BETWEEN MEMBERS AND CHAPTERS ON TOPICS RANGING FROM SCIENCE OUTREACH ACTIVITIES; CHAPTER ACTIVITIES; AND EDUCATING MEMBERS ON THE HEALTH AND SAFETY POLICY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $95,157
Program Service Revenue $444,470
Investment Income $44,637
Other Revenue $0
TOTAL REVENUE $584,264

Expense Breakdown

Grants Paid $0
Salaries & Benefits $130,795
Fundraising Expenses $61,360
Program Expenses $150,053
Other Expenses $469,275
TOTAL EXPENSES $600,070

Year-over-Year Comparison

2024 2023 Change
Revenue $584,264 $532,968 +0.1%
Expenses $600,070 $488,753 +0.2%
Net Income $-15,806 $44,215 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
2
Volunteers
2845

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
7
$15,000
Total Directors
7
$15,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MERRYN COLE GRAND MASTER ALLCHEMIST 1.00
Officer Director
$0 $0 $0
MATT SCHNIPPERT GRAND COLLEGIATE ALCHEMIST 1.00
Officer Director
$0 $0 $0
HANNAH BOWMAN GRAND MASTER OF CEREMONIES 1.00
Officer Director
$0 $0 $0
FAITH YARBERRY GRAND PROFESSIONAL ALCHEMIST 1.00
Officer Director
$0 $0 $0
JON WENZEL ASSISTANT GRAND RECORDER 1.00
Officer Director
$5,000 $0 $5,000
JOHN STIPP GRAND RECORDER 6.00
Officer Director
$10,000 $0 $10,000
JASON ELLIS GRAND HEALTH & SAFTEY OFFICER 1.00
Officer Director
$0 $0 $0
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 No data No data No data No data
2024 $584,264 $600,070 $1,155,319 $-15,806
2023 $532,968 $488,753 $1,131,950 $44,215
2022 $564,976 $553,318 $1,024,354 $11,658
2021 $526,305 $398,190 $1,148,142 $128,115
2020 $433,035 $457,858 $1,056,868 $-24,823
2019 $508,103 $511,461 $1,074,643 $-3,358
2018 $527,660 $466,276 $998,547 $61,384
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