Alabama Alpha-Mu Chapter Of Sigma Alpha Epsilon Fraternity
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 447,964 | 437,527 | 10,437 | 0.3 | 0% |
| 2022 | 550,292 | 636,340 | −86,048 | -1.4 | 0% |
| 2023 | 988,167 | 1,080,669 | −92,502 | -1.9 | 0% |
| 2024 | 1,069,522 | 1,037,116 | 32,406 | -1.5 | 0% |
In its most recent public year (2024), this organization brought in $32,406 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1.5 months), down from 0.3 in 2021. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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