ALPHA XI DELTA FRATERNITY KAPPA BETA CHAPTER

EIN: 352550450

INDIANAPOLIS, IN

Total Revenue
$265,312
Total Expenses
$287,578
Total Assets
$97,153
Net Assets
$97,153
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
TX
Principal Officer
ERIKA VANERMAARL
Phone
8326589944
Tax Period
2024-06-01 to 2025-05-31

ALPHA XI DELTA FRATERNITY KAPPA BETA CHAPTER, founded in 2015, is a small nonprofit that reported $265K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring.

Mission

LOCAL CHAPTER OF A NATIONAL COLLEGIATE SOCIAL FRATERNITY.

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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 $0
Program Service Revenue $256,827
Investment Income $0
Other Revenue $8,485
TOTAL REVENUE $265,312

Expense Breakdown

Grants Paid $7,450
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $280,128
TOTAL EXPENSES $287,578

Year-over-Year Comparison

2024 2023 Change
Revenue $265,312 $334,170 -0.2%
Expenses $287,578 $288,230 0.0%
Net Income $-22,266 $45,940 -1.5%
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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
87

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATE HILBURN CHAPTER LIFE N/A
Officer
$0 $0 $0
KINSLEY POSADAS MEMBERSHIP V N/A
Officer
$0 $0 $0
BILEY SMITH PRESIDENT N/A
Officer
$0 $0 $0
ERIKA VANERMAARL FINANCE & OP N/A
Officer
$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 $265,312 $287,578 $97,153 $-22,266
2024 $334,170 $288,230 $119,419 $45,940
2023 $426,759 $423,351 $73,479 $3,408
2022 $433,173 $383,155 $70,071 $50,018
2021 $311,871 $361,246 $20,053 $-49,375
2020 $381,964 $358,972 $69,428 $22,992
2019 $331,950 $311,591 $46,436 $20,359
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