Civic Intelligence

North American Interfraternity

EIN 35-1871701 • 501(c)6 • Fishers, IN

Profile

Founded in 1909, the north american interfraternity conference, inc. Is the trade associationrepresenting 58 international and national men's fraternities. The nic serves to advocate the needs of its member fraternities through enrichment of the fraternity experience; advancement and growth of the fraternity community; and enhancement of the educational mission of the host institutions.

11722 Allisonville Rd Ste 103Fishers, IN 46038

nicfraternity.org

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.11x

Higher debt load relative to assets than 43% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

46th percentile

0.14x

Higher debt load relative to revenue than 46% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

33rd percentile

-0.3%

Higher net margin than 33% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

39th percentile

2.2%

Faster asset growth than 39% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

14th percentile

-8.1%

Faster revenue growth than 14% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets43rd percentile

Assets

Up

$2,915,632

Up $30,850 (+1.1%) from 2023

Liabilities

Down

$318,688

Down $109,655 (-26%) from 2023

Net Assets

Up

$2,596,944

Up $140,505 (+5.7%) from 2023

Operations
Liabilities / Revenue46th percentileNet Margin33rd percentile

Revenue

Up

$2,280,444

Up $112,263 (+5.2%) from 2023

Expenses

Up

$2,286,421

Up $28,286 (+1.3%) from 2023

Net Income

Up

-$5,977

Up $83,977 (+93%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth39th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $1,963,636Liabilities 2012: $46Net Assets 2012: $1,963,5902012Assets 2013: $2,059,781Liabilities 2013: $1Net Assets 2013: $2,059,7802013Assets 2014: $2,095,851Liabilities 2014: $0Net Assets 2014: $2,095,8512014Assets 2015: $1,673,054Liabilities 2015: $0Net Assets 2015: $1,673,0542015Assets 2016: $1,520,681Liabilities 2016: $10Net Assets 2016: $1,520,6712016Assets 2017: $1,973,589Liabilities 2017: $419,097Net Assets 2017: $1,554,4922017Assets 2019: $2,331,494Liabilities 2019: $532,342Net Assets 2019: $1,799,1522019Assets 2020: $2,547,027Liabilities 2020: $464,795Net Assets 2020: $2,082,2322020Assets 2021: $3,086,000Liabilities 2021: $860,662Net Assets 2021: $2,225,3382021Assets 2022: $2,790,610Liabilities 2022: $339,720Net Assets 2022: $2,450,8902022Assets 2023: $2,884,782Liabilities 2023: $428,343Net Assets 2023: $2,456,4392023Assets 2024: $2,915,632Liabilities 2024: $318,688Net Assets 2024: $2,596,9442024

Highlighted filing

2024

Assets$2,915,632
Liabilities$318,688
Net Assets$2,596,944
Open 2024 Filing

Operations Trend

Revenue Growth14th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $1,265,9092012Expenses 2013: $1,424,0802013Revenue 2014: $1,405,386Expenses 2014: $1,475,791Net Income 2014: -$70,4052014Revenue 2015: $1,578,611Expenses 2015: $1,895,142Net Income 2015: -$316,5312015Revenue 2016: $1,734,930Expenses 2016: $1,870,980Net Income 2016: -$136,0502016Revenue 2017: $2,445,519Expenses 2017: $2,283,522Net Income 2017: $161,9972017Revenue 2019: $3,468,866Expenses 2019: $3,448,883Net Income 2019: $19,9832019Revenue 2020: $2,420,884Expenses 2020: $2,144,552Net Income 2020: $276,3322020Revenue 2021: $1,972,652Expenses 2021: $2,016,670Net Income 2021: -$44,0182021Revenue 2022: $2,697,540Expenses 2022: $2,169,267Net Income 2022: $528,2732022Revenue 2023: $2,168,181Expenses 2023: $2,258,135Net Income 2023: -$89,9542023Revenue 2024: $2,280,444Expenses 2024: $2,286,421Net Income 2024: -$5,9772024

Highlighted filing

2024

Revenue$2,280,444
Expenses$2,286,421
Net Income-$5,977
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,915,632
Liabilities
$318,688
Net assets
$2,596,944
Revenue
$2,280,444
Expenses
$2,286,421
Net income
-$5,977
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.92$0.32$2.60$2.28$2.29$0.01
2023Detailed filing. Detailed filing data is available for this year.$2.88$0.43$2.46$2.17$2.26$0.09
2022Detailed filing. Detailed filing data is available for this year.$2.79$0.34$2.45$2.70$2.17$0.53
2021Detailed filing. Detailed filing data is available for this year.$3.09$0.86$2.23$1.97$2.02$0.04
2020Detailed filing. Detailed filing data is available for this year.$2.55$0.46$2.08$2.42$2.14$0.28
2019Detailed filing. Detailed filing data is available for this year.$2.33$0.53$1.80$3.47$3.45$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.97$0.42$1.55$2.45$2.28$0.16
2016Detailed filing. Detailed filing data is available for this year.$1.52$0.00$1.52$1.73$1.87$0.14
2015Detailed filing. Detailed filing data is available for this year.$1.67$0.00$1.67$1.58$1.90$0.32
2014Detailed filing. Detailed filing data is available for this year.$2.10$0.00$2.10$1.41$1.48$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.06$0.00$2.06$1.42
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.96$0.00$1.96$1.27
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jul 15, 2025
Return Version
2023v6.0
Gross Receipts
$2,280,444
Mission and Program Overview

Mission

Founded in 1909, the north american interfraternity conference, inc. Is the trade associationrepresenting 58 international and national men's fraternities. The nic serves to advocate the needs of its member fraternities through enrichment of the fraternity experience; advancement and growth of the fraternity community; and enhancement of the educational mission of the host institutions.

Founded in 1909, the north american interfraternity conference, inc. Is the trade association representing 58 international and national men's fraternities. The nic serves to advocate the needs of its member fraternities through enrichment of the fraternity experience; advancement and growth of the fraternity community; and enhancement of the educational mission of the host institutions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,411,867$1,645,440▲ $233,573
Cash and Non-Interest-Bearing Accounts$508,990$721,514▲ $212,524
Accounts Receivable$773,682$397,506▼ $376,176
Prepaid Expenses and Deferred Charges$88,055$66,747▼ $21,308
Total Assets$2,884,782$2,915,632▲ $30,850
Other Assets Total$102,188$84,425▼ $17,763
Liabilities
Mortgage Notes Payable Secured by Investment Property$157,696$154,012▼ $3,684
Other Liabilities$104,700$106,253▲ $1,553
Deferred Revenue$87,930$43,125▼ $44,805
Accounts Payable and Accrued Expenses$78,017$15,298▼ $62,719
Total Liabilities$428,343$318,688▼ $109,655
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,456,439$2,596,944▲ $140,505
Total Net Assets Fund Balance$2,456,439$2,596,944▲ $140,505
Total Liabilities and Net Assets / Fund Balance$2,884,782$2,915,632▲ $30,850
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Judson HorrasPresident & CEOFT$222,443$60,743$283,186
Will ForanCSOFT$98,175$44,583$142,758
Michael WilsonCFOFT$38,150$16,175$54,325
Ashley VandewarkFfe Executive DirectorFT$21,612$15,884$37,496

Board Members and Trustees

NameTitle
Aaron DwyerDirector
Brad BeachamDirector
Jack KremanDirector
Jake HendersonDirector
Jeff RundleDirector
Jeremy SlivinskiDirector
Justin BuckDirector
Justin KirkDirector
Karl GrindelDirector
Libby AndersonDirector
Matt ArnoldDirector
Michael ChurchDirector
Phillip RodriguezDirector
Rex MartinDirector
Rob CaudillDirector
Ron RansomDirector
Steve MitchellDirector
Tim SmithDirector
Troy MedleyDirector
Tyler BoisvertDirector
Wynn SmileyDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$978,381
Program Service Revenue
$1,134,574
Investment Income
$139,884
Other Revenue
$27,605
All Other Contributions
$421,781
Change in Net Assets
$-5,977

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,280,319
Revenue Not Reported on Financial Statements
$125
Revenue Not Reported on Form 990
$148,462
Total Revenue per Audited Statements
$2,428,781
Total Revenue per Form 990
$2,280,444
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,354,251
Other Expenses$918,603
Total Fundraising Expense$89,718
Grants and Similar Amounts Paid$13,567
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$807,770$108,567$52,432$968,769
Other Salaries and Wages$321,419$43,200$20,863$385,482
Conferences and Meetings$137,065$25,399$7,550$170,014
Insurance$155,993$13,070-$169,063
Fees for Services Other$126,994$18,460-$145,454
Fees for Services Lobbying$107,500$17,500-$125,000
Information Technology$51,090$45,708$8,641$105,439
Office Expenses$31,353$3,662$227$35,242
Other Expenses$11,461$5,504$5$16,965
Grants to Domestic Orgs$13,567--$13,567
Fees for Services Accounting$1,923$9,077-$11,000
Fees for Services Legal-$8,278-$8,278
Interest-$4,649-$4,649
Total Functional Expenses$1,883,048$313,655$89,718$2,286,421

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,286,421
Expenses per Audited Statements$2,286,296
Total Expenses per Audited Statements$2,286,296
Expenses Not Reported on Financial Statements$125
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Fraternity Sorority Action FundWashington, DC-Support Educational Programming$13,000
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
In-house lobbying only
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Retention Bonuses$70,485
Accrued Expenses$35,768
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The conference shall be composed of men's general college fraternities that have been admitted in conformity with this constitution and bylaws. Provisions may be made in the bylaws for alliance and associate partners.”

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

“The governing body reviews the tax return prior to filing.”

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

“The policy is reviewed annually by individuals covered and disclosures are modified as needed.”

Form 990, Part VI, Section C, Line 19

“The organization makes documents available to public for review upon request.”

Filing and Contact Details

Filer

Filer Name
North American Interfraternity
EIN
35-1871701
Phone
3178721112
Address
11722 ALLISONVILLE RD STE 103, FISHERS, IN 46038

Signing Officer

Name
Judson Horras
Title
President & CEO
Phone
3178721112
Signed
2025-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Judson Horras
Formed
1909
Legal Domicile
In
Voting Board Members
21
Independent Board Members
21
Employees
0
Volunteers
14

Preparer

Firm
Cna Tax Professionals Inc
Address
10475 CROSSPOINT BOULEVARD SUITE, 200, INDIANAPOLIS, IN 46256
Preparer
Shawn D Dreiman CPA
Phone
3178413393
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Nic is organized as a not-for-profit corporation under section 501(c)(6) of the united states internal revenue code and similar state law. The exemption is on all income except unrelated business income. An unrelated trade or business of an exempt organization is any trade or business which is not substantially related to the exercise or performance of its exempt purpose. Cfe and works are taxable corporations. Due to the limited activity of these companies, any income tax effects are insignificant for the years ended august 31, 2024 and 2023. Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the conference and recognize a tax liability if the conference has taken an uncertain position that more likely than not would not be sustained upon examination by various federal and state taxing authorities. Management has analyzed the tax positions taken by the conference, and has concluded that as of august 31, 2024 and 2023 there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the accompanying consolidated financial statements. The conference has filed its federal and state income tax returns for periods through august 31, 2023 and is subject to routine audits by taxing jurisdictions. However, as of the date the consolidated financial statements were available to be issued, there were no audits for any tax periods in progress. These income tax returns are generally open to examination by the relevant taxing authorities for a period of three years from the later of the date the return was filed or its due date (including approved extensions).”

Raw XML AppendixShowing 400 of 690 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0FOUNDED IN 1909, THE NORTH AMERICAN INTERFRATERNITY CONFERENCE, INC. IS THE TRADE ASSOCIATION REPRESENTING 58 INTERNATIONAL AND NATIONAL MEN'S FRATERNITIES. THE NIC SERVES TO ADVOCATE THE NEEDS OF ITS MEMBER FRATERNITIES THROUGH ENRICHMENT OF THE FRATERNITY EXPERIENCE; ADVANCEMENT AND GROWTH OF THE FRATERNITY COMMUNITY; AND ENHANCEMENT OF THE EDUCATIONAL MISSION OF THE HOST INSTITUTIONS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt22CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt23FFE EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24CSO
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IRS990/FormationYr01909
IRS990/FormerOfcrEmployeesListedInd00
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IRS990/MissionDesc0FOUNDED IN 1909, THE NORTH AMERICAN INTERFRATERNITY CONFERENCE, INC. IS THE TRADE ASSOCIATIONREPRESENTING 58 INTERNATIONAL AND NATIONAL MEN'S FRATERNITIES. THE NIC SERVES TO ADVOCATE THE NEEDS OF ITS MEMBER FRATERNITIES THROUGH ENRICHMENT OF THE FRATERNITY EXPERIENCE; ADVANCEMENT AND GROWTH OF THE FRATERNITY COMMUNITY; AND ENHANCEMENT OF THE EDUCATIONAL MISSION OF THE HOST INSTITUTIONS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0GOVERNMENT RELATIONS - THE NIC EMPLOYS A GOVERNMENT RELATIONS STRATEGY ADVOCATING FOR THE FRATERNAL EXPERIENCE.
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IRS990/ProgSrvcAccomActy3Grp/Desc0EDUCATION - MEETINGS AND CONFERENCES TO FOSTER COMMUNICATION BETWEENMEMBER FRATERNITIES, MEMBERS, AND PROVIDE A VEHICLE FOR SHARING OFINFORMATION TO ENHANCE THE WORK OF ALL MEMBER ORGANIZATIONS AND PROVIDENIC PROGRAMMING TO INSTITUTIONS THROUGHOUT THE US.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0138501
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0RESEARCH
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IRS990/PYTotalProfFndrsngExpnsAmt00
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