Mass Eta of Phi Kappa Theta Alumni Corp (EIN 046063508) - 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

1946

Legal Domicile

Principal Officer

Erik Hjerpe

Phone

6174377795

Tax Period

2024-01-01 to 2024-12-31

Mass Eta of Phi Kappa Theta Alumni Corp, founded in 1946, is a small nonprofit that reported $140K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $179K exceeded revenue, resulting in a 29% operating deficit.

Mission

Social and fraternal organization that provides collegiate housing for undergraduates publishes semiannual newsletters holds alumni event

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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 $7,990

Program Service Revenue $103,016

Investment Income $28,595

Other Revenue $0

TOTAL REVENUE $139,601

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $179,423

TOTAL EXPENSES $179,423

Year-over-Year Comparison

	2024	2023	Change
Revenue	$139,601	$125,203	+0.1%
Expenses	$179,423	$96,497	+0.9%
Net Income	$-39,822	$28,706	-2.4%

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	Role	Reportable Comp	Other Comp	Total
JOB EVERS	3Year Director	Director	$0	$0	$0
SISIR BOTTA	1year Director	Director	$0	$0	$0
FABIAN WEINSTEIN-JONES	1year Director	Director	$0	$0	$0
ERIK HJERPE	President	Officer	$0	$0	$0
JONATHAN SUBER	Vice President	Officer	$0	$0	$0
LADD HORVATH	Treasurer	Officer	$0	$0	$0
EDWARD MARTENS	Secretary	Officer	$0	$0	$0
ANDREW KNOEDLER	3Year Director	Officer	$0	$0	$0
ALEX MIN	3Year Director	Officer	$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	No data	No data	No data	No data
2024	$139,601	$179,423	$1,958,821	$-39,822
2023	$125,203	$96,497	$1,937,704	$28,706
2022	$145,919	$156,362	$1,882,975	$-10,443
2021	$114,504	$108,042	$1,977,337	$6,462
2020	$96,765	$127,329	$1,949,184	$-30,564

Mass Eta of Phi Kappa Theta Alumni Corp