Alumni Association of Sigma Theta Chapter of Sigma Alpha Mu Fraternity
Overview
Mission
To hold and maintain property for the benefit of the sigma theta chapter of sigma alpha mu fraternity.
What it reported doing in 2024
The organization owns a fraternity house located at 2501 leon street in austin, Texas. The house is leased to the sigma theta chapter of sigma alpha mu. The organization funds the costs for maintenance of and improvements to the house.
Operating model
- Revenue model
- Other-operating. 100% of the money available for current operations came from other operating revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
Nonprofit profile at a glance
- EIN
- 263160520
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Headquarters
- Dallas, TX, USA
- Phone
- 2147060837
- Rating confidence
- Limited
The verdict
- This form does not report enough financial and governance detail to rate the organization. That is normal for this form and is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 90
- Accountability: 70
- Sustainability: 46
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -8.5%; rating input score 24; 24th percentile among comparable filings
- Total-asset coverage ratio: 4.07; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 37; 37th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 2% per year; rating input score 100; 35th percentile among comparable filings
- Asset growth: 2.9% per year; rating input score 100; 37th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 3 of 3 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 10 of 10 current checks pass
- Schedules: 3 filed schedules
- Filing history: 15 annual filings from 2010 to 2024
- Contacts: How to reach this organization
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Leadership & pay
3 people listed
Source: IRS Form 990. Selected filing: FY2024.