PSI DELTA HOUSE CORP

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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

2007

Legal Domicile

Principal Officer

SCOTT DALGLIESH

Phone

8433418371

Tax Period

2023-07-01 to 2024-06-30

PSI DELTA HOUSE CORP, founded in 2007, is a small nonprofit that reported $214K in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $190K left a modest 11% surplus.

Mission

FOSTER THE DEVELOPMENT OF UNDERGRADUATE STUDENTS AT WAKE FOREST UNIVERSITY.

Program Service Accomplishments

Program 1

THE PSI DELTA HOUSE CORP IS AN ORGANIZATION WITH A MISSION TO PROVIDE FELLOWSHIP AND FOSTER DEVELOPMENT FOR UNDERGRADUATE STUDENTS AT WAKE FOREST UNIVERSITY. THE ASSETS AND CASH FLOWS OF THE...

THE PSI DELTA HOUSE CORP IS AN ORGANIZATION WITH A MISSION TO PROVIDE FELLOWSHIP AND FOSTER DEVELOPMENT FOR UNDERGRADUATE STUDENTS AT WAKE FOREST UNIVERSITY. THE ASSETS AND CASH FLOWS OF THE ORGANIZATION REVOLVE AROUND A RESIDENCE IN WINSTON-SALEM, NC ALTHOUGH THE PURPOSE OF THE ENTITY IS FOR THE SUPPORT OF THE UNDERGRADUATES AND THEIR RESPONSIBLE GROWTH AS MEMBERS OF SOCIETY. THERE ARE NO INDIVIDUALS WHO RECEIVE COMPENSATION OR SIMILAR MONETARY BENEFITS FROM THE ORGANIZATION; RATHER, ALL MONIES COLLECTED BECOME EXPENDITURES FOR THE MAINTENANCE OF THE AFOREMENTIONED PROPERTY.

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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 $214,490

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $214,490

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $190,298

TOTAL EXPENSES $190,298

Year-over-Year Comparison

	2023	2022	Change
Revenue	$214,490	$170,347	+0.3%
Expenses	$190,298	$172,930	+0.1%
Net Income	$24,192	$-2,583	-10.4%

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

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
BOBBY MCCOOEY	PRESIDENT	2.00	Officer Director	$0	$0	$0
CONNOR MCCALLISTER	SECRETARY	2.00	Officer Director	$0	$0	$0
SCOTT DALGLIESH	TREASURER	2.00	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
2024	$214,490	$190,298	$470,313	$24,192
2023	$170,347	$172,930	$442,061	$-2,583
2022	$238,438	$184,926	$366,911	$53,512
2021	$155,765	$160,085	$353,988	$-4,320