CHI PHI HOLDING CORP OF RI INC (EIN 050423705) - 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

1985

Legal Domicile

Principal Officer

KEVIN BARRY

Phone

4013513522

Tax Period

2023-01-01 to 2023-12-31

CHI PHI HOLDING CORP OF RI INC, founded in 1985, is a micro nonprofit that reported $68K in total revenue in fiscal year 2023. Revenue surged 137% from the prior year, signaling strong growth momentum. Expenses of $1.2M exceeded revenue, resulting in a 1673% operating deficit.

Mission

TO PROVIDE FRATERNITY HOUSE FOR THE BENEFIT OF THE UNDERGRADUATE MEMBERS OF THE CHI PHI FRATERNITY AT THE UNIVERSITY OF RHODE ISLAND

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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 $0

Program Service Revenue $5,440

Investment Income $62,683

Other Revenue $0

TOTAL REVENUE $68,123

Expense Breakdown

Grants Paid $1,205,000

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $2,927

TOTAL EXPENSES $1,207,927

Year-over-Year Comparison

	2023	2022	Change
Revenue	$68,123	$28,750	+1.4%
Expenses	$1,207,927	$22	+54904.8%
Net Income	$-1,139,804	$28,728	-40.7%

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

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
DOUGLAS BENNET	TREASURER	N/A	Officer	$0	$0	$0
KEVIN BARRY	PRESIDENT	N/A	Officer	$0	$0	$0
WILLIAM BROMBERG	VICE PRESIDE	N/A	Officer	$0	$0	$0
MARIO GUTIERREZ	SECRETARY	N/A	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
2023	$68,123	$1,207,927	$149,104	$-1,139,804
2022	$28,750	$22	$1,288,908	$28,728
2021	$1,325	$4,135	$1,270,250	$-2,810
2020	$4,491	$12,436	$1,273,760	$-7,945
2018	$684,713	$20,907	$1,296,969	$663,806

CHI PHI HOLDING CORP OF RI INC