Indiana · Nonprofit
THETA CHI FRATERNITY INC
THETA CHI FRATERNITY INC (Indiana) receives grants from 3 organizations whose IRS filings report $402,350 to it, the largest being BROAD STREET HOLDINGS INC ($400,000). 2 of them have funded it in more than one year.
- Revenue FY2025
- $7.7M
- Funders on record
- 3
- Grants received
- $402k
- Net assets
- $820k
What Theta Chi Fraternity Inc does
Mission
See schedule othe purpose of theta chi fraternity, inc., a new york corporation (the "corporation"), shall be to establish, maintain, govern, improve and promote the welfare of a fraternal order to be known as "theta chi fraternity" (the "fraternity"), which shall have for its objects: the mutual benefit and assistance of its members; the binding by closer bonds of its members one to another; the rendition of mutual assistance to its members during life and after their death to their dependents; the assisting of needy but deserving young men to obtain a higher education; the fostering of high scholastic achievement among its members; the extending of true charity to those who need such assistance; the promoting of good citizenship; the training and the developing of civic leaders; and, by all means within its power, the inculcation and the extension throughout the land of the highest ideals of honor, charity, tolerance, and true patriotism.
As stated on its FY2025 Form 990.
Programs
The initiative academy's main purpose is to inspire and equip the next generation of leaders in theta chi. This event is unlike any other event offered by the fraternity. The initiative academy is designed for the unique needs and perspectives of our emerging leaders. Men who attend the initiative academy will leave changed and prepared for leadership.the initiative academy is not simply exposing men to leadership ideas. This is an opportunity for men to immerse themselves in the experience of leadership. Unlike traditional workshops and conferences where participants sit passively in a lecture format, the initiative academy will engage participants in several challenging, team-oriented exercises that will provide the backdrop for tremendous learning and growth.
Deranian presidents conference: education leadership conference providing keynote speakers, breakout educational sessions, and human development. It is a 2 day event and includes leadership development, risk manangement, and management skills.
Mid-year leadership conference: education leadership conference providing keynote speakers, breakout educational sessions, and human development. It is a 2 day event and includes leadership development, risk manangement, and management skills.
The 3 programs described on its FY2024 Form 990, listed largest first by expense.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $8.0M to $2.7M (−66%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2022 9%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Michael Mayer
Executive director
As listed on its FY2025 Form 990.
Who funds it, year by year
2019 → 2023: the base narrowed from 2 funders to 1 funder, grant income rose $2k → $200k.
Left out of every figure on this page: $1.4M from one payer (the payer shares this organization's board, largest The Foundation Chapter of Theta Chi Fraternity Inc). These are real filings, and they are not money THETA CHI FRATERNITY INC raised.
From the IRS filings of THETA CHI FRATERNITY INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
THETA CHI FRATERNITY INC leans on a few funders — its largest provides 99% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THETA CHI FRATERNITY INC.
Largest funder’s share by year: 2019 57% · 2020 100% · 2021 100% · 2023 100% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of THETA CHI FRATERNITY INC's grant income comes from Indiana funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Organizations like THETA CHI FRATERNITY INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Indiana
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 4 related entities
- Theta Chi Operations LLC · disregarded
- Broad Street Holdings Inc · exempt
- Fcp Holdings Inc · exempt
- Osb Holdings Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for THETA CHI FRATERNITY INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds THETA CHI FRATERNITY INC?
- THETA CHI FRATERNITY INC (Indiana) receives grants from 3 organizations whose IRS filings report $402,350 to it, the largest being BROAD STREET HOLDINGS INC ($400,000). 2 of them have funded it in more than one year.
- How many funders does THETA CHI FRATERNITY INC have?
- IRS filings report 3 organizations giving $402,350 in grants to THETA CHI FRATERNITY INC, 2 of which have funded it in more than one year.
- Who is the largest funder of THETA CHI FRATERNITY INC?
- BROAD STREET HOLDINGS INC is the largest funder on record, with $400,000 in grants. The full list of funders is on this page.
- How can an organization like THETA CHI FRATERNITY INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing