Civic Intelligence

Beta Alpha Chapter of Alpha Delta Pi Inc

EIN 35-1858161 • 501(c)7 • Bloomington, IN

Profile

Provide housing to active chapter members while attending Indiana University.

PO Box 502Bloomington, IN 47402
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

42nd percentile

0.08x

Higher debt load relative to assets than 42% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

54th percentile

0.31x

Higher debt load relative to revenue than 54% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Net Margin

91st percentile

38%

Higher net margin than 91% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Asset Growth

78th percentile

10%

Faster asset growth than 78% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

49th percentile

5.5%

Faster revenue growth than 49% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$4,054,321

Up $371,589 (+10%) from 2023

Liabilities

Down

$313,965

Down $14,113 (-4.3%) from 2023

Net Assets

Up

$3,740,356

Up $385,702 (+11%) from 2023

Revenue

Up

$1,009,423

Up $52,200 (+5.5%) from 2023

Expenses

Down

$623,721

Down $5,802 (-0.9%) from 2023

Net Income

Up

$385,702

Up $58,002 (+18%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2021: $3,405,110Liabilities 2021: $760,968Net Assets 2021: $2,644,1422021Assets 2022: $3,655,560Liabilities 2022: $628,606Net Assets 2022: $3,026,9542022Assets 2023: $3,682,732Liabilities 2023: $328,078Net Assets 2023: $3,354,6542023Assets 2024: $4,054,321Liabilities 2024: $313,965Net Assets 2024: $3,740,3562024

Highlighted filing

2024

Assets$4,054,321
Liabilities$313,965
Net Assets$3,740,356

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0Revenue 2021: $596,414Expenses 2021: $493,865Net Income 2021: $102,5492021Revenue 2022: $935,300Expenses 2022: $552,488Net Income 2022: $382,8122022Revenue 2023: $957,223Expenses 2023: $629,523Net Income 2023: $327,7002023Revenue 2024: $1,009,423Expenses 2024: $623,721Net Income 2024: $385,7022024

Highlighted filing

2024

Revenue$1,009,423
Expenses$623,721
Net Income$385,702

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jan 26, 2025
Return Version
2023v6.0
Gross Receipts
$1,009,423
Mission and Program Overview

Mission

Provide housing to active chapter members while attending Indiana University.

Provide housing to active chapters members while attending Indiana University.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,564,047$2,788,730▲ $224,683
Cash and Non-Interest-Bearing Accounts$592,000$640,990▲ $48,990
Savings and Temporary Cash Investments$526,685$623,689▲ $97,004
Accounts Receivable-$912-
Total Assets$3,682,732$4,054,321▲ $371,589
Liabilities
Mortgage Notes Payable Secured by Investment Property$322,644$310,226▼ $12,418
Accounts Payable and Accrued Expenses$5,434$3,739▼ $1,695
Total Liabilities$328,078$313,965▼ $14,113
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,354,654$3,740,356▲ $385,702
Total Net Assets Fund Balance$3,354,654$3,740,356▲ $385,702
Total Liabilities and Net Assets / Fund Balance$3,682,732$4,054,321▲ $371,589

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,582,295-$1,582,295
Leasehold Improvements$573,592$2,967$576,559
Equipment$542,843-$542,843
Land$90,000-$90,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Holly MenchhoferPresident
Diane MoellerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,009,336
Investment Income
$87
Other Revenue
$0
Change in Net Assets
$385,702
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$489,839
Salaries, Compensation, and Employee Benefits$133,882
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$397,968
Other Salaries and Wages---$114,464
Fees for Services Accounting---$26,875
Interest---$19,462
Other Expenses---$18,784
Payroll Taxes---$10,918
Fees for Services Management---$10,000
Office Expenses---$8,559
Other Employee Benefits---$8,500
Information Technology---$4,289
Insurance---$1,133
Total Functional Expenses$0$0$0$623,721
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Room deposits-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11A

The 990 is presented to the board for review at a regular meeting

Form 990, Part VI, Section B, Line 12C

Board members are informed of the Policy. If any conflict of interest is determined such person shall thereafter refrain from discussing or voting on such matters of conflict.

Filing and Contact Details

Filer

Filer Name
Beta Alpha Chapter of Alpha Delta Pi Inc
EIN
35-1858161
In Care Of
% Diana Holdman
Address
PO Box 502, Bloomington, IN 47402

Signing Officer

Name
Holly Menchhofer
Title
President
Signed
2025-01-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Holly Menchhofer
Formed
1970
Legal Domicile
In
Voting Board Members
8
Independent Board Members
8
Employees
1

Preparer

Firm
Alpha & Omega INC
Address
608 N College Ave, Bloomington, IN 47404
Preparer
Diana Holdman
Phone
8123334848
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