Alpha Gamma Delta Foundation Inc
Nonprofit profile at a glance
- EIN
- 352057322
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-N 2014
- Location
- Indianapolis, IN, USA
- Phone
- 3176634242
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $3,056,676
- Expenses
- $2,151,964
- Assets
- $15,100,774
- Liabilities
- $99,429
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- JULIE WAITMAN (CEO AND SECRETARY)
Highest reported compensation
- JULIE WAITMAN (CEO AND SECRETARY): $138,515 total reported compensation
- CHRIS FEDOR (TREASURER): $88,723 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The alpha gamma delta foundation impacts and enriches communities by providing essential support for education, philanthropy and leadership.
What it reported doing in 2024
One-year program grants to alpha gamma delta fraternity for educational, leadership and philanthropic programs and initiatives. Highlights included funding for: academy for chapter advisors 89 chapter advisors from across the united states and canada, and from baby boomer, gen x, millennial and gen z generations, met in person to focus on communications, listening skills, and coaching skills to promote the development of our youngest collegiate members. Academy for collegiate officers 267 officers from 109 chapters from across the united states and canada, gathered in person to focus on the critical development areas of action-oriented leadership, decision-making styles, engagement and relationship building. Empower program alpha gamma delta's leadership program for its highest motivated level of leaders. Led by 8 alumnae professionals and 8 peer mentors, 132 collegiate women from across north america participated in this cohort model where they defined their personal visions and leadership styles and created strategies to set goals and build relationships to positively impact their communities. The program concluded with an in-person, weekend capstone experience. Mental health and wellness the call to continue supporting mental health initiatives remains loud and clear from our 18-22 year-old members. Grant funds underwrote micro-learning opportunities and group consultations focusing on topics such as confidence, trust building, belonging and engagement, boundaries, conflict resolution and accountability. While focused on our youngest members, these resources are available to our full membership of over 145,000 women. Leadership consultant program hands-on leadership and personal/professional development training and coaching visits were delivered to 18-22 year old collegiate women at 79 alpha gamma delta chapters across the united states and canada, impacting a majority of our 10,000+ collegiate women. Acorn acorn is a learning management platform accessible to all 145,000 living members of the fraternity. The catalogue of courses includes how to command a room, positive mental health, stages of change, imposter syndrome, career readiness and much more. Alcohol skills training program (astp) more than 2,000 collegians from 31 chapters across north america participated in on-site training, focusing on understanding effects of alcohol, reducing risky behaviors and evaluation of personal behaviors. International convention 694 sisters from across the united states and canada, and from five generations (the silent generation, baby boomers, gen x, millennials and gen z), joined together in atlanta, ga to learn how to be a high achieving leader and how to develop an authentic personal brand.
Operating model
- Revenue model
- Donor-supported. 86% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 83% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 53
- Transparency & Controls: 89
- Accountability: 95
- Sustainability: 79
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 55.2%; rating input score 55
- Program expense ratio: 60.7%; rating input score 61
- Fundraising efficiency: $5.02 raised per $1 spent on fundraising; rating input score 17; 17th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 20th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 94.7%; rating input score 95; 29th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 29.6%; rating input score 84; 84th percentile among comparable filings
- Total-asset coverage ratio: 7.02; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 88; 88th percentile among comparable filings
- Officer compensation ratio: 10.6%; rating input score 28; 28th percentile among comparable filings
Growth
- Program expense growth: 4.5% per year; rating input score 100; 37th percentile among comparable filings
- Revenue growth: 4.1% per year; rating input score 100; 35th percentile among comparable filings
- Asset growth: 5.3% per year; rating input score 100; 36th percentile among comparable filings
Details
- Where the money goes: 55.2% of revenue deployed · 60.7% of spending went to programs
- Governance: 7 of 7 board members independent · 8 of 9 filing controls reported
- Programs: 7 filed program accomplishments · $1.3M in reported program spending
- Leadership: top reported pay $139K · 9 people listed
- Consistency: 35 of 36 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 49 filed money-flow records
- Related organizations: 47 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 55/100.
- High — Financial Efficiency: Fundraising efficiency scored 17/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 28/100.