Alpha Xi Delta Foundation

Nonprofit profile at a glance

EIN
356053701
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Indianapolis, IN, USA
Phone
3178723500
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Student Sororities, Fraternities

Official website

Reported finances

Revenue
$1,228,708
Expenses
$782,295
Assets
$10,689,387
Liabilities
$37,739

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • MEGAN CROUCH (TRUSTEE/NATIONAL PRESIDENT)
  • ELYSIA BALSTER GALLIVAN (NATIONAL EXECUTIVE DIRECTOR)

People named in this filing

  • ANDREA FOUBERG (CHAIR)
  • COURTNEY PETERS (VICE CHAIR)
  • PEGGY COYNE (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the alpha xi delta foundation is to create opportunities for alpha xi delta fraternity members to ensure enduring resources so the fraternity can fulfill her mission. As part of its mission, the foundation will support the fraternity's educational and leadership development programming; provide and continue to expand scholarship, grants and member support funds; and encourage philanthropy.

What it reported doing in 2024

In the fiscal year, the foundation provided substantial support for alpha xi delta's personal development and philanthropic programs. These included: the leadership coach program, communityedu, justice, equity and human dignity programs, the founders' academy, the workout, strengths and wellbeing programming, educational speakers at volunteer academy and activities related to philanthropic efforts to support local organizations focused on children in need. The leadership coach program helped young women acquire essential life skills and become stronger, more confident women. Working with women nationwide, leadership coaches facilitated activities centering on personal development, assisted women in maximizing the benefit of strengths development, and trained chapter executive committees to be high performing teams. Communityedu is an online interactive course with a three-prong focus on alcohol education, sexual assault prevention, and hazing education. The justice, equity and human diversity programs provide transformational learning on becoming more informed global citizens. The realize your potential member development program helps women build interpersonal skills for success in the workplace of today and tomorrow. The a clear vision of life: the wellbeing program, helps alumnae increase their capacity to thrive in the five areas of wellbeing purpose, social, financial, physical and community to become better, stronger citizens of their communities. Scholarships and continuing education grants were awarded to collegiate and alumnae members to realize their higher education goals and prepare for today's ever-changing global job market. Our support of the founders' academy helps inspire women to focus on their innate strengths while working on personal growth and the importance of their own wellbeing. The educational sessions at volunteer academy and the workout provided a broad audience with the opportunity to grow their leadership skills and enhance their approach to communication with others. Amaxing challenge grants were awarded to help chapters dream bigger and enhance their fundraising, awareness and volunteer efforts in their communities related to children in foster care and facing homelessness and hunger. The alpha xi delta foundation continues its proud tradition of providing resources to inspire women to realize their potential through the leadership opportunities it offers, the lifelong learning that it inspires and the service it provides to improve the lives of children.

Operating model

Revenue model
Donor-supported. 67% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 91% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 67
  • Accountability: 100
  • Sustainability: 87
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.9%; rating input score 77
  • Program expense ratio: 53.1%; rating input score 53
  • Fundraising efficiency: $3.77 raised per $1 spent on fundraising; rating input score 12; 12th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 16th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 97%; rating input score 97; 44th 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: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 36.3%; rating input score 88; 88th percentile among comparable filings
  • Total-asset coverage ratio: 13.66; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 75; 75th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 1.6% per year; rating input score 100; 24th percentile among comparable filings
  • Revenue growth: -0.8% per year; rating input score 0; 12th percentile among comparable filings
  • Asset growth: 5.7% per year; rating input score 100; 42nd percentile among comparable filings

Details

  • Where the money goes: 76.9% of revenue deployed · 53.1% of spending went to programs
  • Governance: 11 of 11 board members independent · 7 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $416K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 25 of 26 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 6 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.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Financial Efficiency: Program expense ratio scored 53/100.
  • High — Financial Efficiency: Fundraising efficiency scored 12/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.