PI CHAPTER OF BETA THETA PI INC

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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

1954

Legal Domicile

Principal Officer

ALBERT BODINE

Tax Period

2024-07-01 to 2025-06-30

PI CHAPTER OF BETA THETA PI INC, founded in 1954, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024. The organization ran a surplus of $445K, a strong 29% operating margin.

Mission

PROVIDE LEADERSHIP, BROTHERHOOD, AND ROOM AND BOARD FOR ACTIVE CHAPTER MEMBERS WHILE ATTENDING INDIANA UNIVERSITY.

Program Service Accomplishments

Program 1

PROVIDE LEADERSHIP, BROTHERHOOD, AND ROOM AND BOARD FOR ACTIVE CHAPTER MEMBERS WHILE ATTENDING INDIANA UNIVERSITY.

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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 $0

Program Service Revenue $1,514,680

Investment Income $11,395

Other Revenue $0

TOTAL REVENUE $1,526,075

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $10,500

Other Expenses $1,080,948

TOTAL EXPENSES $1,080,948

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,526,075	$1,463,626	+0.0%
Expenses	$1,080,948	$1,072,058	+0.0%
Net Income	$445,127	$391,568	+0.1%

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
BRANDT DOWNEY	INSPECTION C	1.00	Director	$0	$0	$0
MICHAEL WAYNE	BOARD MEMBER	1.00	Director	$0	$0	$0
ALEX SHORTLE	BOARD MEMBER	1.00	Director	$0	$0	$0
ALBERT BODINE	PRESIDENT/SE	1.00	Officer Director	$0	$0	$0
TOMMY NARDICCHIO	BOARD MEMBER	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	$1,526,075	$1,080,948	$6,761,510	$445,127
2024	$1,463,626	$1,072,058	$6,455,311	$391,568
2023	$1,156,007	$1,040,302	$6,217,663	$115,705
2022	$926,867	$901,827	$6,201,663	$25,040
2021	$981,192	$914,757	$6,260,969	$66,435