THETA CHI FRATERNITY ALPHA IOTA CHAPTER

EIN: 350873763 Recreation & Sports

BLOOMINGTON, IN

Total Revenue
$412,987
Total Expenses
$330,585
Total Assets
$82,574
Net Assets
$82,574
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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
1921
Principal Officer
LUCAS BAFIA
Phone
8472546966
Tax Period
2024-07-01 to 2025-06-30

THETA CHI FRATERNITY ALPHA IOTA CHAPTER, founded in 1921, is a small nonprofit in the Recreation & Sports sector that reported $413K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $82K, a strong 20% operating margin.

Mission

TO OPERATE THE LOCAL CHAPTER OF THETA CHI FRATERNITY ALPHA IOTA CHAPTER AT INDIANA UNIVERSITY, A COLLEGE SOCIAL FRATERNITY. SPECIFICALLY, TO PROMOTE THE SOCIAL, INTELLECTUAL, AND MORAL DEVELOPMENT OF COLLEGE AND UNIVERSITY MEN, BOTH MEMBERS AND PLEDGES OF THETA CHI FRATERNITY. TO CONTINUE AMONG GRADUATE MEMBERS THE CLOSE FRIENDSHIP AND LOYALTY INSPIRED AND STABILIZED BY MUTUAL AID AND UNDERSTANDING. TO SUPPORT THE EDUCATION OF MEMBERS AND OUTSTANDING SCHOLARS, TO ASSIST MEMBERS IN TIME OF NEED, AND TO SUPPORT SELECTED HUMANITARIAN ACTIVITIES. OUR ORGANIZATION SUPPORTS NUMEROUS CHARITABLE ORGANIZATIONS AND WE HOLD MANY COMMUNITY SERVICE EVENTS ANNUALLY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $412,987
Investment Income $0
Other Revenue $0
TOTAL REVENUE $412,987

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $330,585
TOTAL EXPENSES $330,585

Year-over-Year Comparison

2024 2023 Change
Revenue $412,987 $340,597 +0.2%
Expenses $330,585 $355,163 -0.1%
Net Income $82,402 $-14,566 -6.7%
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
8
Independent Members
8
Employees
N/A
Volunteers
35

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
8
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LUCAS BAFIA PRESIDENT 10.00
Officer
$0 $0 $0
JAKE DAWSON-REED VICE PRESIDE 10.00
Officer
$0 $0 $0
CHARLIE PLANTE TREASURER 10.00
Officer
$0 $0 $0
LUKE COPPEN SECRETARY 10.00
Officer
$0 $0 $0
PATRICK ZIMMER MANAGER 10.00
Officer
$0 $0 $0
TYLER WELLS MARSHAL 10.00
Officer
$0 $0 $0
JONAH ROSS RUSH CHAIRMA 10.00
Officer
$0 $0 $0
EVAN ADAMS VP OF HEALTH 10.00
Officer
$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 $412,987 $330,585 $82,574 $82,402
2024 $340,597 $355,163 $172 $-14,566
2023 $290,631 $299,079 $14,738 $-8,448
2022 $236,272 $216,350 $50,939 $19,922
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