INDIANA THETA CHAPTER OF PHI DELTA THETA FRATERNITY EDUCATIONAL FUND INC (EIN 311255889) - 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

1963

Legal Domicile

Principal Officer

MICHAEL FRITTON

Phone

3174697776

Tax Period

2024-06-01 to 2025-05-31

INDIANA THETA CHAPTER OF PHI DELTA THETA FRATERNITY EDUCATIONAL FUND INC, founded in 1963, is a micro nonprofit in the Education sector that reported $70K in total revenue in fiscal year 2024. Revenue surged 212% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE FUTURE SCHOLARSHIPS AND EDUCATIONAL BENEFITS FOR THE UNDERGRADUATE MEMBERS OF PHI DELTA THETA FRATERNITY.

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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 $68,728

Program Service Revenue $0

Investment Income $1,126

Other Revenue $0

TOTAL REVENUE $69,854

Expense Breakdown

Grants Paid $32,177

Salaries & Benefits $0

Fundraising Expenses $15,455

Program Expenses $55,510

Other Expenses $23,405

TOTAL EXPENSES $71,037

Year-over-Year Comparison

	2024	2023	Change
Revenue	$69,854	$22,415	+2.1%
Expenses	$71,037	$94,438	-0.2%
Net Income	$-1,183	$-72,023	-1.0%

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
BOB BOWEN	PRESIDENT	2.00	Officer Director	$0	$0	$0
DRAKE WUTTKE	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
GARY BATESOLE	DIRECTOR	2.00	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	$69,854	$71,037	$91,425	$-1,183
2024	$22,415	$94,438	$92,608	$-72,023
2023	$132,680	$106,393	$165,382	$26,287
2022	$36,754	$100,980	$139,095	$-64,226
2020	$12,071	$120,865	$277,838	$-108,794
2019	$158,321	$133,691	$386,632	$24,630

INDIANA THETA CHAPTER OF PHI DELTA THETA FRATERNITY EDUCATIONAL FUND INC