Cave Springs, AR
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ALPHA IOTA BUILDING CORPORATION, founded in 2020, is a small nonprofit in the Recreation & Sports sector that reported $554K in total revenue in fiscal year 2024. The organization ran a surplus of $373K, a strong 67% operating margin.
Primary Exempt Purpose- To Unite College Men of Culture, Patriotism, and Honor in the Bond of Fraternity to Encourage Honorable Achievement in Every Field of Human Endeavor, To Promote the Spiritual, Social, Intellectual, and Moral Welfare of its Members; To Assist in the Aims and Purposes of Colleges and Universities; To Inspire Service in the Public Interest. The Building Corporation takes an active role in the various social activities and other functions of the chapter. The IRS has that an organization formed to buy, lease, and maintain a building exclusively for an organization recognized under 501C7 (Alpha Gamma Rho Fraternity) itself qualifies for exemption under 501c7 if it takes an active role in various social activities and other chapter functions. See e.q. Letter Ruling 8207007 and Revenue Ruling 64-118. The main objective is to raise funds and facilitate all aspects of the development and construction of a fraternity house, then to maintain the house going forward.
The Board of Directors have engaged with various contractors in the beginning stages of constructing a fraternity house for the Alpha Gamma Rho Fraternity (national agricultural business fraternity)...
The Board of Directors have engaged with various contractors in the beginning stages of constructing a fraternity house for the Alpha Gamma Rho Fraternity (national agricultural business fraternity) as soon as possible. Over the past year, The group continues to support the philanthropic efforts of the organization and to facilitate the growth and leadership of men in the organization. In the future, more program service accomplishments can be facilitated once a facility is constructed which we hope to have progress in the following year.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $553,603 | N/A | N/A |
| Expenses | $181,035 | N/A | N/A |
| Net Income | $372,568 | $0 | N/A |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Nathan Morton | Director & Architect | 10 |
Director
|
$25,000 | $0 | $25,000 |
| John Looney | President & Director | 5 |
Director
|
$0 | $0 | $0 |
| Sam Smith | Treasurer & Director | 2 |
Director
|
$0 | $0 | $0 |
| Bill Groce | Vice President & Director | 2 |
Director
|
$0 | $0 | $0 |
| Bill Moss | Secretary & Director | 2 |
Director
|
$0 | $0 | $0 |
| Corey Wilson | Director | 2 |
Director
|
$0 | $0 | $0 |
| Alan Fortenberry | Director | 2 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $553,603 | $181,035 | $416,141 | $372,568 |
Compare ALPHA IOTA BUILDING CORPORATION with other nonprofits in Arkansas and across the country.