ALUMNI ASSOCIATION OF THE NU DELTA CHAPTER OF PHI MU DELTA FRATERNITY (EIN 043071196) - 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

2008

Legal Domicile

Principal Officer

Richard Possemato

Phone

6179473216

Tax Period

2023-01-01 to 2023-12-31

ALUMNI ASSOCIATION OF THE NU DELTA CHAPTER OF PHI MU DELTA FRATERNITY, founded in 2008, is a small nonprofit in the Education sector that reported $224K in total revenue in fiscal year 2023. Revenue surged 88% from the prior year, signaling strong growth momentum. Expenses of $201K left a modest 10% surplus.

Mission

College Fraternity. Provides room and board to 12 members attending the Massachusetts Institute of Technology and Boston area schools

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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 (2023)

Revenue Breakdown

Contributions & Grants $99,369

Program Service Revenue $124,371

Investment Income $14

Other Revenue $0

TOTAL REVENUE $223,754

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,595

Fundraising Expenses $0

Program Expenses $171,952

Other Expenses $193,369

TOTAL EXPENSES $200,964

Year-over-Year Comparison

	2023	2022	Change
Revenue	$223,754	$119,314	+0.9%
Expenses	$200,964	$302,765	-0.3%
Net Income	$22,790	$-183,451	-1.1%

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
Richard Possemato	President	1	Director	$0	$0	$0
Bryson Miller	Undergraduate Representative	1	Director	$0	$0	$0
Daniel Lee	Director	1	Director	$0	$0	$0
Wilmer Fiorentino	Director	1	Director	$0	$0	$0
Anthony Saucedo	Director	1	Director	$0	$0	$0
Tarikh Campbell	Director	1	Director	$0	$0	$0
Antoinne Machal Cajigas	Director	1	Director	$0	$0	$0
Joel Jaimes	Director	1	Director	$0	$0	$0
David Croom	Director	1	Director	$0	$0	$0
Anthony Saucedo	Treasurer	1	Director	$0	$0	$0
Bruno Piazzarolo	Secretary	1	Director	$0	$0	$0
Nestor Hernandez	Director	1	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
2024	No data	No data	No data	No data
2023	$223,754	$200,964	$866,312	$22,790
2022	$119,314	$302,765	$885,994	$-183,451
2021	$171,513	$202,789	$750,672	$-31,276
2020	$196,018	$114,767	$731,031	$81,251

ALUMNI ASSOCIATION OF THE NU DELTA CHAPTER OF PHI MU DELTA FRATERNITY