Alpha Xi Delta Fraternity FY2023 filing

Not tax-deductible

Indianapolis, IN501(c)(7)Since 1893EIN 36-0720566

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The mission of Alpha Xi Delta women's 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; and perpetuate fraternalgrowth.

$253K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $125K a year · 1% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Pay to officers and key staff
$253K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $191K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$10.2M
51% of total assets
Fine: liabilities are 51% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9.2M
+11% vs prior year
Spent
$8.2M
Net assets
$9.7M
By yearFY2020–FY2025
Revenue
$9.2M
FY2023▲ +11%
Revenue by fiscal year
FY2020$8.2M
FY2021$7.8M
FY2022$8.2M
FY2023$9.2M
FY2024$10.0M
FY2025$11.1M
Expenses
$8.2M
FY2023▼ -5%
Expenses by fiscal year
FY2020$8.2M
FY2021$6.9M
FY2022$8.7M
FY2023$8.2M
FY2024$10.7M
FY2025$11.0M
Net assets
$9.7M
FY2023▲ +3%
Net assets by fiscal year
FY2020$8.9M
FY2021$9.9M
FY2022$9.4M
FY2023$9.7M
FY2024$9.1M
FY2025$9.2M

From the FY2023 Form 990 (year ending May 2023) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1944.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

9 people listed on the 990; $253K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
National Exec. Director
$167,533Pt VII · Sec A
Director of Finance
$85,418Pt VII · Sec A
National Vice President
$0Pt VII · Sec A
National Vice President
$0Pt VII · Sec A
National President
$0Pt VII · Sec A
National Vice President
$0Pt VII · Sec A
National Vice President
$0Pt VII · Sec A
National Vice President
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Elysia Balster Gallivan$190,655$175,726$167,533$163,085$153,069$134,667
Kleinschmidt Tracy$107,692—————
Lori Holt$98,741$96,013$85,418$78,617$79,919$74,391

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Nurtures unity, growth, and responsibility for its members.

Provided by the organization

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3 programs · in their own filed words · FY2022
01

Included in the fraternity's mission is supporting local corporation boards and our collegiate chapters, located nation-wide. We set lofty standards for chapter facilities so that we can provide an environment that promotes sisterhood, learning, wellbeing, and growth.

Pt IX · col B
02

See schedule o.

Pt IX · col B
03

See schedule o.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$191K
Grants paid · 5 grants · $1.8M · 2021–2024

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$9.2M
Ln 12
Fees for servicesLn 2g$7.7M
Investment incomeLn 3$882K
Other incomeLn 4–11$457K
Money outPt IX
$8.2M
Ln 25
Owns and owesPt X
$9.7M
net assets · Ln 32
Cash and savingsLn 1–2$1.9M
Total assetsLn 16$19.9M
LiabilitiesLn 26$10.2M
PeoplePt VI, VII
9
listed · VII A
PaidVII A2
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$164K
Fees for servicesLn 2g$7.7M
Investment incomeLn 3$882K
Other incomeLn 4–11$457K
Gains on assetsLn 7$788K
Total revenueLn 12$9.2M
Assets in detailPt X, end of year
CashLn 1$1.9M
Cash and savings togetherLn 1–2$1.9M
InvestmentsLn 11–13$6.2M
Land, buildings, equipmentLn 10c$1.0M
Other assetsLn 15$9.7M
Total assetsLn 16$19.9M
LiabilitiesLn 26$10.2M
Net assetsLn 32$9.7M
OperationsPt I, VI
EmployeesI 561
VolunteersI 6850
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$3.5M$1.9M
InvestmentsLn 11–13$4.2M$6.2M
Land, buildings, equipmentLn 10c$1.2M$1.0M
Total assetsLn 16$11.2M$19.9M
LiabilitiesLn 26$1.8M$10.2M
Net assetsLn 32$9.4M$9.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$47K
Pay of current officers, directors and key staffLn 5$300K
Other salaries and wagesLn 7$1.4M
Other employee benefitsLn 9$115K
Payroll taxesLn 10$134K
Management feesLn 11a$220K
Legal feesLn 11b$23K
Accounting feesLn 11c$32K
Investment management feesLn 11f$7K
Other fees for servicesLn 11g$162K
Office expensesLn 13$121K
Information technologyLn 14$244K
OccupancyLn 16$2.3M
TravelLn 17$257K
Conferences, conventions and meetingsLn 19$122K
InterestLn 20$15K
Depreciation, depletion and amortizationLn 22$297K
InsuranceLn 23$462K
Other expenses (24a–d)Ln 24$1.7M
All other expensesLn 24e$223K
Total functional expensesLn 25$8.2M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $11.1M$11.0M$93K$9.2M 990 PDF
FY2024 $10.0M$10.7M−$669K$9.1M 990 PDF
FY2023 Viewing $9.2M$8.2M$923K$9.7M 990 PDF
FY2022 $8.2M$8.7M−$457K$9.4M 990 PDF
FY2021 $7.8M$6.9M$892K$9.9M 990 PDF
FY2020 $8.2M$8.2M−$31K$8.9M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (5 parts)
Part I · Summary $9,168,873 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $171,939$163,735
I-9 Program service revenuePrior year $7,626,454$7,667,003
I-10 Investment incomePrior year $57,138$881,608
I-11 Other revenuePrior year $372,027$456,527
I-12 Total revenuePrior year $8,227,558$9,168,873
I-13 Grants and similar amounts paidPrior year $1,198,676$47,444
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,924,054$1,962,194
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $5,562,005$6,236,406
I-18 Total expensesPrior year $8,684,735$8,246,044
I-19 Revenue less expensesPrior year −$457,177$922,829
Part VIII · Statement of revenue $9,168,873 across 8 lines filed
Lines not itemized here account for $236,688 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$163,735
VIII-1h Total contributions, gifts and grants$163,735
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $7,661,051$7,661,051
VIII-3 Investment incomeUnrelated business $93,557$93,557
VIII-5 RoyaltiesUnrelated business $189,143$189,143
VIII-7 Net gain or loss on sales of assetsUnrelated business $25,651 · Excluded from tax $762,400$788,051
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $36,648$36,648
VIII-12 Total revenueRelated to mission $7,934,387 · Unrelated business $308,351 · Excluded from tax $762,400$9,168,873
Part IX · Statement of functional expenses $8,246,044 across 20 lines filed
IX-1 Grants to domestic organizations$47,444
IX-5 Pay of current officers, directors and key staff$299,532
IX-7 Other salaries and wages$1,413,376
IX-9 Other employee benefits$114,966
IX-10 Payroll taxes$134,320
IX-11a Management fees$219,730
IX-11b Legal fees$23,434
IX-11c Accounting fees$31,933
IX-11f Investment management fees$7,208
IX-11g Other fees for services$161,725
IX-13 Office expenses$121,457
IX-14 Information technology$244,030
IX-16 Occupancy$2,329,398
IX-17 Travel$257,324
IX-19 Conferences, conventions and meetings$121,731
IX-20 Interest$15,246
IX-22 Depreciation, depletion and amortization$296,547
IX-23 Insurance$461,700
IX-24 Other expenses (24a–d)$1,722,183
IX-24e All other expenses$222,760
IX-25 Total functional expenses$8,246,044
Part X · Balance sheet $19,903,788 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $3,484,475$1,898,391
X-4 Accounts receivableStart of year $528,535$404,560
X-8 Inventories for sale or useStart of year $16,545$15,384
X-9 Prepaid expenses and deferred chargesStart of year $625,868$583,451
X-10c Land, buildings and equipment, netStart of year $1,169,843$1,046,709
X-11 Publicly traded securitiesStart of year $4,171,200$6,225,821
X-15 Other assetsStart of year $1,114,340$9,729,472
X-16 Total assetsStart of year $11,173,738$19,903,788
X-17 Accounts payable and accrued expensesStart of year $566,006$231,419
X-19 Deferred revenueStart of year $436,466$560,028
X-25 Other liabilitiesStart of year $801,135$9,437,890
X-26 Total liabilitiesStart of year $1,803,607$10,229,337
X-27 Net assets without donor restrictionsStart of year $9,370,131$9,674,451
X-32 Total net assets or fund balancesStart of year $9,370,131$9,674,451
X-33 Total liabilities and net assetsStart of year $11,173,738$19,903,788
Part XI · Reconciliation of net assets $9,674,451 net assets at year end
XI-1 Total revenue$9,168,873
XI-2 Total expenses$8,246,044
XI-3 Revenue less expenses$922,829
XI-4 Net assets at start of year$9,370,131
XI-5 Net unrealized gains (losses) on investments−$9,719
XI-9 Other changes in net assets−$608,790
XI-10 Net assets at end of year$9,674,451

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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