Lambda Beta House Corp of Chi Omega (EIN 050492433) - 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

1993

Legal Domicile

Principal Officer

Margaret Hogan

Phone

4016774488

Tax Period

2023-07-01 to 2024-06-30

Lambda Beta House Corp of Chi Omega, founded in 1993, is a small nonprofit that reported $495K in total revenue in fiscal year 2023. Revenue surged 40% from the prior year, signaling strong growth momentum. The organization ran a surplus of $84K, a strong 17% operating margin.

Mission

Owns and operates a sorority house 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 $494,787

Investment Income $251

Other Revenue $0

TOTAL REVENUE $495,038

Expense Breakdown

Grants Paid $0

Salaries & Benefits $48,858

Fundraising Expenses $0

Other Expenses $361,766

TOTAL EXPENSES $410,624

Year-over-Year Comparison

	2023	2022	Change
Revenue	$495,038	$352,888	+0.4%
Expenses	$410,624	$387,659	+0.1%
Net Income	$84,414	$-34,771	-3.4%

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

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
Margaret Hogan	Director	1.00	Officer Director	$0	$0	$0
Keri Green	Director	1.00	Officer Director	$0	$0	$0
Lisa Meller	Director	1.00	Officer Director	$0	$0	$0
Lori Gaudette	Director	1.00	Officer Director	$0	$0	$0
Christine Morrissey	Director	1.00	Officer Director	$0	$0	$0
Sheri Tardiff	Director	1.00	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	No data	No data	No data	No data
2024	$495,038	$410,624	$1,695,536	$84,414
2023	$352,888	$387,659	$1,625,412	$-34,771
2022	$426,411	$393,188	$1,655,712	$33,223
2021	$161,765	$282,025	$1,604,010	$-120,260
2018	$415,041	$258,651	$1,480,083	$156,390

Lambda Beta House Corp of Chi Omega