ALPHA XI DELTA FRATERNITY RHO CHAP… - Form 990 Financial Data

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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

1912

Legal Domicile

Principal Officer

JOSIE GLOMSTAD

Phone

4026990850

Tax Period

2024-06-01 to 2025-05-31

ALPHA XI DELTA FRATERNITY RHO CHAPTER, founded in 1912, is a small nonprofit that reported $773K in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum. Expenses of $684K left a modest 12% surplus.

Mission

THE MISSION OF ALPHA XI DELTA FRATERNITY IS TO ENRICH THE LIFE OF EVERY ALPHA XI DELTA. WE WILL NURTURE UNITY AND COOPERATION, FOSTER INTELLECTUAL, PROFESSIONAL AND PERSONAL GROWTH, EXEMPLIFY THE HIGHEST ETHICAL CONDUCT, INSTILL COMMUNITY RESPONSIBILITY, PERPETUATE FRATERNAL GROWTH.

Program Service Accomplishments

Program 1

PROVIDED MEALS, HOUSING AND SOCIAL PROGRAMS FOR THE LOCAL SOCIAL FRATERNITY MEMBERS- TOTAL OF 154 MEMBERS FOR THE YEAR.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $760,199

Investment Income $0

Other Revenue $13,180

TOTAL REVENUE $773,379

Expense Breakdown

Grants Paid $8,546

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $675,862

TOTAL EXPENSES $684,408

Year-over-Year Comparison

	2024	2023	Change
Revenue	$773,379	$552,064	+0.4%
Expenses	$684,408	$544,922	+0.3%
Net Income	$88,971	$7,142	+11.5%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSIE GLOMSTAD	FINANCE & OP	N/A	Officer	$0	$0	$0
MEGHAN KREJCI	PRESIDENT	N/A	Officer	$0	$0	$0
EMILY PELLA	MEMBERSHIP V	N/A	Officer	$0	$0	$0
NATALIE PRICHARD	CHAPTER LIFE	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	$773,379	$684,408	$159,850	$88,971
2024	$552,064	$544,922	$70,879	$7,142
2023	$665,785	$682,321	$63,737	$-16,536
2022	$610,635	$600,821	$93,396	$9,814
2021	$520,446	$478,521	$83,582	$41,925
2020	$625,598	$649,557	$41,657	$-23,959
2019	$670,909	$665,731	$65,616	$5,178

ALPHA XI DELTA FRATERNITY RHO CHAPTER