Theta Chi of Tallahassee Inc (EIN 270106087) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

Steven Mudder

Phone

4045187883

Tax Period

2023-01-01 to 2023-12-31

Theta Chi of Tallahassee Inc, founded in 2004, is a small nonprofit in the Education sector that reported $350K in total revenue in fiscal year 2023. Revenue surged 659% from the prior year, signaling strong growth momentum. Expenses of $302K left a modest 14% surplus.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $49,181

Program Service Revenue $288,403

Investment Income $12,878

Other Revenue $0

TOTAL REVENUE $350,462

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $296,425

Other Expenses $301,738

TOTAL EXPENSES $301,738

Year-over-Year Comparison

	2023	2022	Change
Revenue	$350,462	$46,202	+6.6%
Expenses	$301,738	$14,443	+19.9%
Net Income	$48,724	$31,759	+0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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
Michael Forslund	Director / President	2.00	Director	$0	$0	$0
Steven Mudder	Director / Vice President	8.00	Director	$0	$0	$0
Allen Hallas	Director / External Vice President	2.00	Director	$0	$0	$0
Donald Ramsden	Director / Secretary	1.00	Director	$0	$0	$0
Ken Synder	Director / Treasurer	1.00	Director	$0	$0	$0
Courtney Ashburn	Director	0.20	Director	$0	$0	$0
Andrew Rubinacci	Director	0.40	Director	$0	$0	$0
William Schack	Director	0.20	Director	$0	$0	$0
Robert Johnson	Director	0.20	Director	$0	$0	$0
Robert Holroyd	Director	0.10	Director	$0	$0	$0
Brian Keri	Director	0.10	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	No data	No data	No data	No data
2023	$350,462	$301,738	$515,544	$48,724
2021	$41,008	$85,646	$417,037	$-44,638
2020	$259,909	$211,809	$2,059,794	$48,100
2019	$344,311	$340,914	$2,050,421	$3,397

Theta Chi of Tallahassee Inc