Alpha Sigma Alpha Sorority Housing Corporation
Nonprofit profile at a glance
- EIN
- 474327604
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Indianapolis, IN, USA
- Phone
- 3178712920
- Rating
- 37
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Recreational l Clubs
Reported finances
- Revenue
- $118,135
- Expenses
- $44,767
- Assets
- $87,804
- Liabilities
- $12,847
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Kim Benson (President)
- Barbara Lombrano Williamson (Vice President)
- Krystal Slivinski (Executive Director)
People named in this filing
- Kim Benson (President)
- Barbara Lombrano Williamson (Vice President)
- Kelly Beck (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Corporation is organized to develop, foster and maintain sisterhood and social interaction at facilities of Alpha Sigma Alpha, a women's fraternal organization chartered at colleges and universities. In furtherance of such purpose, but not by way of limitation, the Corporation's purposes include receiving and administering funds necessary to operate facilities where members of Alpha Sigma Alpha live together, commingle, and have access to social and recreational facilities needed to advance Alpha Sigma Alpha's and the Corporation's purposes of good fellowship and a positive sorority experience, bringing together members of the sorority and Corporation for training and programming to assist them in maintaining occupancy and managing facilities safely and competitively, and retaining and investing funds in accordance with applicable law, grantor restrictions, and policies of the Corporation.
What it reported doing in 2024
To provide necessary related services associated with collegiate sorority facilities for members of Alpha Sigma Alpha chapters.
Operating model
- Revenue model
- Earned-program. 72% of the money available for current operations came from fees and other program revenue.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 79
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 62.1%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 1.96; rating input score 80; 80th percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 1 filed schedules
- Contacts: How to reach this organization
- 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.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.