THETA CHI FRATERNITY INC

EIN: 042112594

BOSTON, MA

Total Revenue
$353,655
Total Expenses
$333,691
Total Assets
$1,763,355
Net Assets
$1,583,563
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1917
Legal Domicile
MA
Principal Officer
GREGORY J WILSON
Phone
9253249734
Tax Period
2024-09-01 to 2025-08-31

THETA CHI FRATERNITY INC, founded in 1917, is a small nonprofit that reported $354K in total revenue in fiscal year 2024. Expenses of $334K left a modest 6% surplus.

Mission

COLLEGIATE FRATERNAL ORGANIZATION

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $60,200
Program Service Revenue $286,861
Investment Income $6,594
Other Revenue $0
TOTAL REVENUE $353,655

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $333,691
TOTAL EXPENSES $333,691

Year-over-Year Comparison

2024 2023 Change
Revenue $353,655 $343,132 +0.0%
Expenses $333,691 $292,702 +0.1%
Net Income $19,964 $50,430 -0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
6

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES ALBRIGHT SECRETARY 1.00
Officer Director
$0 $0 $0
DAVID BAUMGARTNER HOUSE MANAGE 2.00
Director
$0 $0 $0
DAVID CAMPANELLA ALUMNI COMMU 1.00
Officer Director
$0 $0 $0
ROBERT FERRARA VICE-PRES & 2.00
Officer Director
$0 $0 $0
KEN SCHUMACHER PRESIDENT 3.00
Officer Director
$0 $0 $0
GREGORY J WILSON TREASURER 3.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $353,655 $333,691 $1,763,355 $19,964
2024 $343,132 $292,702 $1,682,456 $50,430
2023 $325,521 $275,569 $1,587,836 $49,952
2022 $350,870 $229,884 $1,526,308 $120,986
2021 $183,286 $106,955 $1,457,894 $76,331
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THETA CHI FRATERNITY INC with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.