Iowa Gamma Alumni of Sigma Phi Epsilon Dave & Karen Froschauer
501(c)(7)Education
Only null% goes to programs Strong reserves Growing revenue
Iowa Gamma Alumni of Sigma Phi Epsilon Dave & Karen Froschauer is a 501(c)(7) organization based in Wilmette, Illinois, registered in 1991, with $315,745 in FY2024 revenue. CharityIndex grades it C+.
1326 Central Ave, Wilmette, IL, 60091 EIN 42-1148027 Since 1991
Revenue (FY2024)
$316K
▼ 43.2% vs prior year
Education median: $200K
Expenses (FY2024)
$311K
Net assets
$1.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Iowa Gamma Alumni of Sigma Phi Epsilon Dave & Karen Froschauer— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating51 mo reserves · +2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Iowa Gamma Alumni of Sigma Phi Epsilon Dave & Karen Froschauer: 51 mo reserves · +2% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Iowa Gamma Alumni of Sigma Phi Epsilon Dave & Karen Froschauer— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Iowa Gamma Alumni of Sigma Phi Epsilon Dave & Karen Froschauer: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 1326 Central Ave, Wilmette, IL, 60091
- City
- Wilmette
- State
- Illinois
- Category
- Education
- Subcategory
- Student Services & Aid
Financial trends
Revenue grew from $133K (FY2013) to $316K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.4MNet assets $1.3M
Operating margin
1.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.7M
Total liabilities
$1.4M
Net assets
$1.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $315,745▼43.2% | $310,694▲62.9% | $1,308,023▲0.4% | $2,706,878▼1.8% | 990 |
| 2023 | $555,502▲78.1% | $190,696▼25.6% | $1,302,972▲38.9% | $2,755,864▲15.0% | 990 |
| 2022 | $311,850▲55.0% | $256,164▲9.9% | $938,166▲6.3% | $2,397,387▲0.6% | 990 |
| 2021 | $201,244▲25.9% | $232,992▲61.3% | $882,480▼3.5% | $2,382,110▼1.7% | 990 |
| 2020 | $159,888▼65.6% | $144,427▼9.2% | $914,228▲1.7% | $2,423,563▲84.2% | 990 |
| 2019 | $465,133▲205% | $159,049▼1.5% | $898,767▲53.5% | $1,316,062▲120% | 990 |
| 2018 | $152,318▲277% | $161,460▲36.5% | $585,339▼8.1% | $598,491▼6.1% | 990 |
| 2017 | $40,440▲14.1% | $118,282▲42.4% | $637,092▼7.5% | $637,092▼7.5% | 990 |
| 2016 | $35,429▼39.4% | $83,071▼34.5% | $688,525▼9.6% | $688,525▼9.6% | 990 |
| 2015 | $58,463▼73.8% | $126,900▼24.0% | $761,659▼12.1% | $761,659▼13.3% | 990 |
| 2014 | $223,379▲67.5% | $166,901▲42.2% | $866,161▲1.6% | $878,557▲2.1% | 990 |
| 2013 | $133,371 | $117,339▲22.7% | $852,410▲14.2% | $860,663▲13.0% | 990 |
| 2012 | — | $95,606▼11.5% | $746,187▲9.9% | $761,735▲10.6% | 990 |
| 2011 | — | $108,070▲105% | $679,211▼2.1% | $688,751▼1.7% | 990 |
| 2010 | — | $52,805 | $693,774 | $700,509 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Compare Iowa Gamma Alumni of Sigma Phi Epsilon Dave & Karen Froschauer
Frequently asked questions
- Is Iowa Gamma Alumni of Sigma Phi Epsilon Dave & Karen Froschauer a legitimate nonprofit?
- Yes. Iowa Gamma Alumni of Sigma Phi Epsilon Dave & Karen Froschauer is a 501(c)(7) organization registered with the U.S. Internal Revenue Service under EIN 42-1148027, based in Wilmette, Illinois.
- What is Iowa Gamma Alumni of Sigma Phi Epsilon Dave & Karen Froschauer's EIN?
- Iowa Gamma Alumni of Sigma Phi Epsilon Dave & Karen Froschauer's Employer Identification Number (EIN) is 42-1148027.
- How much revenue does Iowa Gamma Alumni of Sigma Phi Epsilon Dave & Karen Froschauer report?
- Iowa Gamma Alumni of Sigma Phi Epsilon Dave & Karen Froschauer reported $315,745 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Iowa Gamma Alumni of Sigma Phi Epsilon Dave & Karen Froschauer have?
- CharityIndex grades Iowa Gamma Alumni of Sigma Phi Epsilon Dave & Karen Froschauer C+, based on financial health (reserves and operating margin).
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Data for Iowa Gamma Alumni of Sigma Phi Epsilon Dave & Karen Froschauer (EIN 42-1148027) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.