Delta Chi Fraternity EIN 63-0962722 Form 990 (PDF) Claim this org

Delta Chi Fraternity

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Fosters personal growth and character through brotherhood for college men. For fiscal year 2025 it reported $516K in revenue, $455K in expenses, and $257K in net assets.Pt I

Type
Mutual-benefit / member-serving · Education
Location
Auburn, AL
Filings
2 on file (2024–2025)
Revenue
$516KFY2025
Expenses
$455K
Net assets
$257K
People
4
Filings
2
Updates
0
More identity details & actions ⌄
EIN  63-0962722 Mutual-benefit / member-serving Auburn, AL
Form 990 (PDF)
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Size
$100K–1M
What they do
Fosters personal growth and character through brotherhood for college men.
Leadership
Luke Falkenberg · President
Money in and out
$516K revenue, $455K expenses
Bottom line
+12% surplus margin
Reported financial activity · FY2025
Total revenue
$516K
Pt VIII · Ln 12
Total expenses
$455K
Pt IX · Ln 25
Net assets
$257K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $61K
Where spending went · Part IX cols B–D
Program services $1.00
Surplus margin
+12%
revenue over expenses, this year▲ +17% vs prior filing year
Program spending
100%
of expenses reach programs0% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$516K
FY2025▼ -4%
Expenses
$455K
FY2025▼ -6%
Total assets
$257K
FY2025▲ +31%
Total liabilities
$0
FY2025
Total revenue
$516K
Pt VIII · Ln 12
Total expenses
$455K
Pt IX · Ln 25
Net assets
$257K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$61K
Total assetsPt X · Ln 16$257K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 367
Independent voting membersPt I · Ln 467

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDelta Chi Fraternity
EINHdr · item D63-0962722
Principal addressHdr · item CAuburn, AL
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAL
Exempt statusHdr · item I501(c)(7) · active
NTEE classificationIRS BMFEducation (B83)
Ruling yearIRS BMFAug 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a67
Independent voting membersPt VI · Ln 1b67
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $396K of program spending, described in the organization's own filed words · FY2024.
01

Other program services

$146Kprogram expense
02

Occupancy of fraternity house

$134Kprogram expense
03

Meal plans

$115Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$432K · 84%
Contributions & grants$80K · 16%
Other revenue$4K · 1%
Program service revenue84%$432K
Contributions & grants16%$80K
Other revenue1%$4K
Total revenueLn 12$516K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$455K
Total functional expensesLn 25$455K

Balance Sheet

Part X · end of year
CashLn 1$171K
Total assetsLn 16$257K
Total liabilitiesLn 26$0
Total net assetsLn 32$257K
Months of cash on handcomputed4.5

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $171K · Operating expenses/yr $455K
4.5 months
Where the money goes
Program services
Program services $455K · Total expenses $455K
100%
Management & General
Management & general $0 · Total expenses $455K
0%
Fundraising
Fundraising $0 · Total expenses $455K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $81K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $80K · Total revenue $516K
16%
Government reliance
Government grants — · Total revenue $516K
Earned-income share
Program service revenue $432K · Total revenue $516K
84%
Investment reliance
Investment income $0 · Total revenue $516K
0%
Program self-sufficiency
Program service revenue $432K · Total expenses $455K
95%
Growth & trend
Revenue growth (YoY)
This year $516K · Prior year $539K
-4%
Net-asset trend (YoY)
End of year $257K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $516K · Expenses $455K
+12%
Liabilities-to-Assets
Total liabilities — · Total assets $257K
Net-asset ratio
Net assets $257K · Total assets $257K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $257K
0%
People & payroll
Highest Reported Total Compensation
Individual Luke Falkenberg · Reported title President · Highest reported compensation $0 · Total expenses $455K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $455K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth -4%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 2%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$516K revenue · viewing · ⤓ 990 PDF
FY2024$539K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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