CARMEL, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THETA CHI FRATERNITY INC, founded in 1856, is a community nonprofit that reported $6.3M in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion.
THE PURPOSE OF THETA CHI FRATERNITY, INC., A NEW YORK CORPORATION (THE "CORPORATION"), SHALL BE TO ESTABLISH, MAINTAIN, GOVERN, IMPROVE AND PROMOTE THE WELFARE OF A FRATERNAL ORDER TO BE KNOWN AS "THETA CHI FRATERNITY" (THE "FRATERNITY"), WHICH SHALL HAVE FOR ITS OBJECTS: THE MUTUAL BENEFIT AND ASSISTANCE OF ITS MEMBERS; THE BINDING BY CLOSER BONDS OF ITS MEMBERS ONE TO ANOTHER; THE RENDITION OF MUTUAL ASSISTANCE TO ITS MEMBERS DURING LIFE AND AFTER THEIR DEATH TO THEIR DEPENDENTS; THE ASSISTING OF NEEDY BUT DESERVING YOUNG MEN TO OBTAIN A HIGHER EDUCATION; THE FOSTERING OF HIGH SCHOLASTIC ACHIEVEMENT AMONG ITS MEMBERS; THE EXTENDING OF TRUE CHARITY TO THOSE WHO NEED SUCH ASSISTANCE; THE PROMOTING OF GOOD CITIZENSHIP; THE TRAINING AND THE DEVELOPING OF CIVIC LEADERS; AND, BY ALL MEANS WITHIN ITS POWER, THE INCULCATION AND THE EXTENSION THROUGHOUT THE LAND OF THE HIGHEST IDEALS OF HONOR, CHARITY, TOLERANCE, AND TRUE PATRIOTISM.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $6,283,846 | $5,802,095 | +0.1% |
| Expenses | $6,274,348 | $6,651,701 | -0.1% |
| Net Income | $9,498 | $-849,606 | -1.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CREIG L ANDREASEN | INTERNATIONAL PRESIDENT | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| TOBIN B ROTH | INTERNATIONAL VICE PRESIDE | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALAN B COPELAND | INTERNATIONAL SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| THOMAS N THOMPSON | INTERNATIONAL TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR JAMES A BLACK | INTERNATIONAL CHAPLAIN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RICHARD P SANTORIELLA | INTERNATIONAL COUNSELOR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEVE W GONZALEZ | INTERNATIONAL MARSHAL | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAMES J MCMAHON | INTERNATIONAL HISTORIAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL MAYER | EXECUTIVE DIRECTOR | 65.00 |
Officer
|
$230,000 | $20,891 | $250,891 |
| JIM POWELL | ASSOCIATE EXEC. DIR. | 50.00 |
Officer
|
$169,500 | $18,461 | $187,961 |
| JOHN BERGHOFF | CHIEF DEVELOPMENT OFFICER | 40.00 |
Highest
|
$149,500 | $8,291 | $157,791 |
| RAY VANLANOT | CHIEF OPERATING OFFICER | 40.00 |
Highest
|
$142,000 | $8,291 | $150,291 |
| BEN HILL | CHIEF COMMUNICATIONS OFFICER | 40.00 |
Highest
|
$105,000 | $8,291 | $113,291 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $6,283,846 | $6,274,348 | $2,208,005 | $9,498 |
| 2023 | $5,802,095 | $6,651,701 | $1,868,008 | $-849,606 |
| 2022 | $5,783,656 | $9,661,080 | $2,675,472 | $-3,877,424 |
| 2021 | $3,961,142 | $4,508,192 | $7,978,485 | $-547,050 |
| 2020 | $4,920,273 | $4,691,032 | $8,100,718 | $229,241 |
| 2019 | $5,698,571 | $5,199,325 | $7,884,499 | $499,246 |
| 2018 | $4,640,092 | $4,483,058 | $7,442,663 | $157,034 |
Compare THETA CHI FRATERNITY INC with other nonprofits in Indiana and across the country.