ZETA PSI FRATERNITY RHO ALPHA CHAPTER MIT (EIN 042826250) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1979

Legal Domicile

Phone

9522583380

Tax Period

2024-05-01 to 2025-04-30

ZETA PSI FRATERNITY RHO ALPHA CHAPTER MIT, founded in 1979, is a micro nonprofit that reported $47K in total revenue in fiscal year 2024. Revenue fell 56% from the prior year — a significant decline worth monitoring. Expenses of $225K exceeded revenue, resulting in a 380% operating deficit.

Mission

OPERATION OF A CHAPTER OF THE ZETA PSI FRATERNITY OF NORTH AMERICA AT THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY MIT FOR THE EDUCATIONAL CHARITABLE ATHLETIC AND SOCIAL BENEFIT OF UNDERGRADUATE MEMBERS.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $43,596

Program Service Revenue $0

Investment Income $3,201

Other Revenue $0

TOTAL REVENUE $46,797

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $11,268

Other Expenses $213,586

TOTAL EXPENSES $224,854

Year-over-Year Comparison

	2024	2023	Change
Revenue	$46,797	$107,240	-0.6%
Expenses	$224,854	$802,858	-0.7%
Net Income	$-178,057	$-695,618	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM KELLEHER	PRESIDENT	2	Officer	$0	$0	$0
MARCO ANDRADE	TREASURER	2	Officer	$0	$0	$0
CHARLES BACHMEIER	VICE PRESIDENT	2		$0	$0	$0
AIDAN BLUM LEVINE	CAREER ADVISOR	2		$0	$0	$0
LLEYTON ELLIOTT	ALUMNI RELATIONS	2		$0	$0	$0
CLAY DAVIS	SECRETARY	2	Officer	$0	$0	$0
STEPHEN DUNCAN	MEMBER AT LARGE	1		$0	$0	$0
CALVIN KIRKORIAN	MEMBER AT LARGE	1		$0	$0	$0
AKIL J MIDDLETON	MEMBER AT LARGE	1		$0	$0	$0
ERIK MUNOZ	MEMBER AT LARGE	1		$0	$0	$0
ALEX TORRES	MEMBER AT LARGE	1		$0	$0	$0
SAM OPPENHEIM	MEMBER AT LARGE	1		$0	$0	$0
SAWYER SAND	MEMBER AT LARGE	1		$0	$0	$0
DAVID COUTO	MEMBER AT LARGE	1		$0	$0	$0
PHIL CHERNER	MEMBER AT LARGE	1		$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	$46,797	$224,854	$109,411	$-178,057
2024	No data	No data	No data	No data
2023	$108,833	$318,995	$832,634	$-210,162
2022	$271,018	$326,335	$1,042,796	$-55,317
2021	$229,727	$173,859	$1,098,113	$55,868

ZETA PSI FRATERNITY RHO ALPHA CHAPTER MIT