Epsilon Iota Housing Corporation Inc (EIN 263665441) - 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

2008

Legal Domicile

Principal Officer

Bill Clark

Phone

2523170943

Tax Period

2023-07-01 to 2024-06-30

Epsilon Iota Housing Corporation Inc, founded in 2008, is a small nonprofit in the Recreation & Sports sector that reported $163K in total revenue in fiscal year 2023. The organization ran a surplus of $43K, a strong 26% operating margin.

Mission

Student housing and social event space for participating members of Epsilon Iota Chapter of Theta Chi Fraternity at East Carolina University in Greenville, NC.

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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 $163,247

Investment Income $0

Other Revenue $0

TOTAL REVENUE $163,247

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $118,383

Other Expenses $120,323

TOTAL EXPENSES $120,323

Year-over-Year Comparison

	2023	2022	Change
Revenue	$163,247	$163,015	+0.0%
Expenses	$120,323	$140,512	-0.1%
Net Income	$42,924	$22,503	+0.9%

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

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
Bill Clark	President	1.00	Officer Director	$0	$0	$0
Jeff White	Treasurer/Sec.	1.00	Officer Director	$0	$0	$0
Kevin Hickey	Director	1.00	Director	$0	$0	$0
Jim Chesnutt	Director	1.00	Director	$0	$0	$0
James Morton	Director	1.00	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	No data	No data	No data	No data
2024	$163,247	$120,323	$1,514,168	$42,924
2023	$163,015	$140,512	$1,501,411	$22,503
2022	$160,033	$146,593	$1,508,252	$13,440
2021	$153,527	$154,796	$1,519,597	$-1,269
2020	$86,055	$127,619	$1,512,939	$-41,564
2019	$139,375	$149,463	$1,577,362	$-10,088

Epsilon Iota Housing Corporation Inc