THE GRAND CHAPTER OF PHI SIGMA KAPPA (EIN 231500981) - 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

1959

Legal Domicile

Phone

3175735420

Tax Period

2024-07-01 to 2025-06-30

THE GRAND CHAPTER OF PHI SIGMA KAPPA, founded in 1959, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year.

Mission

TO CULTIVATE FRATERNAL SPIRIT

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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 $951,503

Program Service Revenue $949,891

Investment Income $6,435

Other Revenue $294,706

TOTAL REVENUE $2,202,535

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,121,672

Fundraising Expenses $0

Other Expenses $1,202,740

TOTAL EXPENSES $2,324,412

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,202,535	$2,494,964	-0.1%
Expenses	$2,324,412	$2,937,030	-0.2%
Net Income	$-121,877	$-442,066	-0.7%

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

Volunteers

100

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

$142,263

Total Directors

$142,263

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joseph Kern	Executive Dir.	40.00	Officer Director	$114,887	$8,299	$142,263
David L Cohen	Grand President	10.00	Officer Director	$0	$0	$0
Darald H Stubbs	Director	10.00	Director	$0	$0	$0
Matt Gregory	Director	10.00	Director	$0	$0	$0
Atif J Elkadi	Director	10.00	Director	$0	$0	$0
Brandon Paternoster	Director	10.00	Director	$0	$0	$0
Jacob Defassio	Director	10.00	Director	$0	$0	$0
Steve Chastain	Director	10.00	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	$2,202,535	$2,324,412	$1,778,656	$-121,877
2024	No data	No data	No data	No data
2023	$2,415,659	$2,354,765	$2,300,163	$60,894
2022	$2,252,578	$2,043,283	$1,767,112	$209,295
2021	$1,907,074	$1,627,237	$1,615,009	$279,837

THE GRAND CHAPTER OF PHI SIGMA KAPPA