Interfraternity Council
Nonprofit profile at a glance
- EIN
- 356043082
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990-EZ 2024
- Location
- West Lafayette, IN, USA
- Phone
- 7654942127
- Rating
- 38
- Verdict
- REVIEW
- Rating confidence
- Moderate
Reported finances
- Revenue
- $159,295
- Expenses
- $154,416
- Assets
- $98,697
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
22 people listed
Executive titles in this filing
- MITCHELL RITMAN (PRESIDENT)
People named in this filing
- MITCHELL RITMAN (PRESIDENT)
- MAGWIRE GRAYBILL (VP OF ADMINI)
- JOHN LASKEY (VP OF MEMBER)
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
Through the unification of the purdue fraternity and sorority community, we will strive to create an environment where member fraternities, governing councils, and all members coordinate the development of academic values, interpersonal skills, relationships, and social experiences. The interfraternity council will provide our member organizations with the resources necessary to develop world-class leaders; thus bettering ourselves, our campus, and our community.
What it reported doing in 2024
Create and maintain cooporation and coordinate interfraternal affairs among member fraternities; foster the development of scholarship and leadership among member fraternities and their memebers; promote a positive relationship between community and member fraternities; act as a medium between member fraterntiies and other student organizations, the student body, and the faculty and administration; institute policies and rules that will maintain the purposes of the ifc; provide service
Operating model
- Revenue model
- Membership-supported. 78% of the money available for current operations came from membership dues.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
REVIEW - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 1
- Transparency & Controls: 82
- Sustainability: 41
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 2.3%; rating input score 2
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 3.1%; rating input score 43; 43rd percentile among comparable filings
- Total-asset coverage ratio: 0.64; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 3% per year; rating input score 100; 37th percentile among comparable filings
- Asset growth: 10.2% per year; rating input score 100; 62nd percentile among comparable filings
Details
- Where the money goes: 2.3% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 22 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 1 filed schedules
- Filing history: 13 filing years from 2012 to 2024
- 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 2/100.
- Moderate — Sustainability: Operating margin scored 43/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.