Delta Omega House Corp of Phi Mu Fraternity

EIN: 341736490

Cleveland, OH

Total Revenue
$235,996
Total Expenses
$201,939
Total Assets
$392,795
Net Assets
$392,795
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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
1993
Legal Domicile
OH
Principal Officer
Joann Eisenberg
Phone
7706322090
Tax Period
2019-07-01 to 2020-06-30

Delta Omega House Corp of Phi Mu Fraternity, founded in 1993, is a small nonprofit that reported $236K in total revenue in fiscal year 2019. Expenses of $202K left a modest 14% surplus.

Mission

Administer housing finances for a social fraternity associated with Case Western Reserve University, Cleveland Ohio

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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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $233,271
Investment Income $2,725
Other Revenue $0
TOTAL REVENUE $235,996

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $201,939
Other Expenses $201,939
TOTAL EXPENSES $201,939

Year-over-Year Comparison

2019 2018 Change
Revenue $235,996 $225,779 +0.0%
Expenses $201,939 $203,992 0.0%
Net Income $34,057 $21,787 +0.6%
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
3
Independent Members
3
Employees
N/A
Volunteers
3

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joann Eisenberg President 3.00
Officer Director
$0 $0 $0
Ashley King Chapter Advisor 1
Officer Director
$0 $0 $0
Cassandra Korter House Mother 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
2020 $235,996 $201,939 $392,795 $34,057
2019 $225,779 $203,992 $358,738 $21,787
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