Alphametrix Foundation

Nonprofit profile at a glance

EIN
264811354
IRS 990-PF coverage
2010–2012
Forms available
Form 990-PF 2012
Location
Chicago, IL, USA
Phone
3122678400
Rating
25
Verdict
REVIEW
Rating confidence
Moderate
Sector
Student Sororities, Fraternities

Reported finances

Revenue
$62,645
Expenses
$70,376

Source: IRS Form 990-PF. Selected filing: tax year 2012. Amounts in USD.

Overview

Mission

Student Sororities, Fraternities

Operating model

Revenue model
Other-operating. 69% of the foundation's positive operating resources came from other operating revenue.
Distribution model
Grant intermediary. The foundation distributed 79% of its reported charitable disbursements as grants.

The verdict

REVIEW - A large share of spending goes to grants. The filing does not identify all grant recipients and the available information about grant readiness automatic revocation leaves an important question unanswered.

Rating breakdown

  • Grant Deployment: NotEnoughData
  • Cost Efficiency: 73
  • Transparency: 0
  • Compliance: 50
  • Endowment Health: NotEnoughData

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: Limited

Cost Efficiency

  • Grant expense ratio: 72.8%; rating input score 73; 37th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Scored; rating input score 0

Compliance

  • Part VII-B activity disclosures: Limited
  • Filing consistency checks: 4; rating input score 100

Endowment Health

  • Endowment-health comparison: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Investments: Filed investments detail
  • Consistency: 4 of 4 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 3 filing years from 2010 to 2012
  • Money network: 6 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Transparency: Grant recipient disclosure scored 0/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.