UNIVERSITY OF TOLEDO CHAPTER OF TRIANGLE FRATERNITY INC

EIN: 237153374

PERRYSBURG, OH

Total Revenue
$43,532
Total Expenses
$95,982
Total Assets
$313,676
Net Assets
$313,676
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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
1971
Legal Domicile
OH
Principal Officer
MATTHEW SCHIERING
Phone
4192773727
Tax Period
2023-01-01 to 2023-12-31

UNIVERSITY OF TOLEDO CHAPTER OF TRIANGLE FRATERNITY INC, founded in 1971, is a micro nonprofit that reported $44K in total revenue in fiscal year 2023. Revenue surged 177% from the prior year, signaling strong growth momentum. Expenses of $96K exceeded revenue, resulting in a 120% operating deficit.

Mission

OPERATION OF THE LOCAL TOLEDO CHAPTER OF THE PARENT ORGANIZATION, TRIANGLE FRATERNITY. PROVIDE DORMITORY STYLE HOUSING FOR THE UNDERGRADUATE MEMBERS. PROVIDE A MEETING PLACE FOR SOCIAL AND EDUCATIONAL FUNCTIONS FOR UNDERGRADUATE AND AREA ALUMNI MEMBERS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $19,310
Program Service Revenue $0
Investment Income $20,623
Other Revenue $3,599
TOTAL REVENUE $43,532

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $95,982
TOTAL EXPENSES $95,982

Year-over-Year Comparison

2023 2022 Change
Revenue $43,532 $15,689 +1.8%
Expenses $95,982 $30,077 +2.2%
Net Income $-52,450 $-14,388 +2.6%
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

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
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
7
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAYNE HOPKINS COLLEGIATE P N/A
Director
$0 $0 $0
MARCUS MULLINS ALUMNI MBR A N/A
Director
$0 $0 $0
BRENDEN POST ALUMNI MBR A N/A
Director
$0 $0 $0
MICHAEL JEFFERY ALUMNI EXC B N/A
Officer
$0 $0 $0
JASON KNAPP ALUMNI HOUSI N/A
Officer
$0 $0 $0
CORD MURRY-HOWARD MEMBERSHIP D N/A
Officer
$0 $0 $0
DAN ROBAZKIEWICZ ALUMNI EXC B N/A
Officer
$0 $0 $0
MATTHEW SCHIERING ALUMNI EXE B N/A
Officer
$0 $0 $0
MATTHEW SCHIERING ALUM HOUSE B N/A
Officer
$0 $0 $0
ERIC WRIGHT ALUMNI EXE B 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
2024 No data No data No data No data
2023 $43,532 $95,982 $313,676 $-52,450
2022 $15,689 $30,077 $366,126 $-14,388
2021 $25,375 $20,464 $380,514 $4,911
2020 $34,344 $35,967 $375,603 $-1,623
2019 $26,692 $166,238 $377,227 $-139,546
2018 $34,581 $30,698 $516,773 $3,883
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