ALPHA XI DELTA FRATERNITY RHO CHAPTER

EIN: 470090445

INDIANAPOLIS, IN

Total Revenue
$773,379
Total Expenses
$684,408
Total Assets
$159,850
Net Assets
$159,850
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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
NE
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

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 $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

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
15

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
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
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