NOBLESVILLE, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ALPHA KAPPA PSI FRATERNITY INC, founded in 1904, is a community nonprofit that reported $3.2M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $3.6M exceeded revenue, resulting in a 15% operating deficit.
ALPHA KAPPA PSI FRATERNITY STRIVES TO DEVELOP A DIVERSE GLOBAL COMMUNITY OF COURAGEOUS, PRINCIPLED BUSINESS LEADERS WITH THE CAPABILITY TO DRIVE POSITIVE IMPACT THROUGHOUT THEIR LIFELONG JOURNEY. TO FURTHER THE WELFARE OF ITS MEMBERS AND FOSTER RESEARCH IN COMMERCE, ACCOUNTING, AND FINANCE, THE FRATERNITY CULTIVATES PRINCIPLED LEADERSHIP THROUGH COLLEGIATE CHAPTER INVOLVEMENT WORLDWIDE, ALUMNI PARTICIPATION IN ALUMNI GROUPS, LEADERSHIP DEVELOPMENT PROGRAMMING, EVENTS, ACTIVITIES, AND THE DISSEMINATION OF RELEVANT BUSINESS AND LEADERSHIP INFORMATION TO THE GENERAL PUBLIC. THE FRATERNITY'S PROGRAMS FOCUS ON SKILL BUILDING, CAREER DEVELOPMENT, ETHICAL LEADERSHIP, AND ENTREPRENEURSHIP, PROVIDING MEMBERS WITH OPPORTUNITIES TO ENHANCE THEIR PROFESSIONAL COMPETENCIES AND NETWORK WITH INDUSTRY LEADERS. WE ARE RECOGNIZED AS THE PREMIER DEVELOPER OF PRINCIPLED BUSINESS LEADERS. SOCIETY VALUES THE LEADERSHIP SKILLS INSTILLED IN OUR MEMBERS, MAKING THEM HIGHLY SOUGHT AFTER. MEMBERS VIEW ALPHA KAPPA PSI AS A PRIMARY RESOURCE FOR PERSONAL AND PROFESSIONAL LEADERSHIP DEVELOPMENT. AS INFLUENTIAL LEADERS, THEY CONTRIBUTE TO THE ORGANIZATION'S ONGOING SUCCESS BY SUPPORTING ITS EDUCATIONAL PROGRAMS. THE OBJECTIVES OF ALPHA KAPPA PSI, ESTABLISHED AT ITS FOUNDING, ARE: 1. TO FURTHER THE INDIVIDUAL WELFARE OF ITS MEMBERS. 2. TO FOSTER SCIENTIFIC RESEARCH IN THE FIELDS OF COMMERCE, ACCOUNTING, AND FINANCE. 3. TO EDUCATE THE PUBLIC TO APPRECIATE AND DEMAND HIGHER IDEALS IN THESE FIELDS. 4. TO PROMOTE AND ADVANCE, IN INSTITUTIONS OF HIGHER LEARNING, COURSES LEADING TO DEGREES IN BUSINESS ADMINISTRATION.
CHAPTER SERVICES: THE FRATERNITY SUPPORTS ITS APPROXIMATELY 190 CHAPTERS THROUGH DEDICATED STAFF, TAILORED COACHING, EDUCATIONAL PROGRAMS, LEADERSHIP DEVELOPMENT EVENTS, PUBLICATIONS, AND VALUABLE...
CHAPTER SERVICES: THE FRATERNITY SUPPORTS ITS APPROXIMATELY 190 CHAPTERS THROUGH DEDICATED STAFF, TAILORED COACHING, EDUCATIONAL PROGRAMS, LEADERSHIP DEVELOPMENT EVENTS, PUBLICATIONS, AND VALUABLE RESOURCES. ADDITIONALY, IT PROVIDES OVERSIGHT AND GUIDANCE TO ENSURE CHAPTER SUCCESS AND GROWTH.
ALUMNI SERVICES: THE FRATERNITY PROVIDES SERVICES TO ITS APPROXIMATELY 20 ACTIVE ALUMNI CHAPTERS PRIMARILY THROUGH THE MAINTENANCE AND UPDATING OF MEMBERSHIP RECORDS, MENTORSHIP AND LEADERSHIP...
ALUMNI SERVICES: THE FRATERNITY PROVIDES SERVICES TO ITS APPROXIMATELY 20 ACTIVE ALUMNI CHAPTERS PRIMARILY THROUGH THE MAINTENANCE AND UPDATING OF MEMBERSHIP RECORDS, MENTORSHIP AND LEADERSHIP OPPORTUNITIES, AND PUBLICATIONS AND RESOURCES FOR CONTINUED CAREER ENHANCEMENT.
CONVENTIONS AND MEETINGS: THE FRATERNITY ORGANIZES VARIOUS CONVENTIONS, CONFERENCES, AND EVENTS FOCUSED ON LEARNING, LEADERSHIP, AND PROFESSIONAL DEVELOPMENT, AS WELL AS PROVIDING EDUCATIONAL...
CONVENTIONS AND MEETINGS: THE FRATERNITY ORGANIZES VARIOUS CONVENTIONS, CONFERENCES, AND EVENTS FOCUSED ON LEARNING, LEADERSHIP, AND PROFESSIONAL DEVELOPMENT, AS WELL AS PROVIDING EDUCATIONAL INFORMATION AND MATERIALS. EACH CONVENTION WELCOMES APPROXIMATELY 1,000 ATTENDEES, WHILE ELEVATE HOSTS AROUND 750 PARTICIPANTS. WITH THE SUPPORT OF RESOURCES DEVELOPED BY FRATERNITY STAFF AND VOLUNTEERS, LOCAL ALPHA KAPPA PSI CHAPTERS OFFER EDUCATIONAL, LEADERSHIP, PROFESSIONAL DEVELOPMENT, AND SERVICE PROGRAMMING THAT BENEFITS BOTH ALPHA KAPPA PSI MEMBERS AND NON-MEMBERS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $3,159,283 | $3,354,034 | -0.1% |
| Expenses | $3,630,901 | $4,052,688 | -0.1% |
| Net Income | $-471,618 | $-698,654 | -0.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MICHAEL DICKERSON | CHAIR | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| JANE AZZINARO | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DON SECHLER | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LANE VELAYO | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MIRIAM TOMASELLI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DEBBIE BARRETT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID WENDROFF | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHEAL DICKSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LUKE BOTTORFF | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CARL STEVEN HARTMAN | CEO | 60.00 |
Officer
|
$239,975 | $84,186 | $324,161 |
| BRIAN PARKER | EXECUTIVE DIRECTOR & COO | 60.00 |
Highest
|
$159,265 | $21,098 | $180,363 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $3,159,283 | $3,630,901 | $9,961,436 | $-471,618 |
| 2023 | $3,354,034 | $4,052,688 | $9,844,160 | $-698,654 |
| 2022 | $3,023,234 | $3,349,691 | $9,683,802 | $-326,457 |
| 2021 | $3,757,716 | $2,867,247 | $11,674,776 | $890,469 |
| 2020 | $3,517,551 | $4,136,468 | $10,240,436 | $-618,917 |
| 2019 | $4,701,331 | $3,715,393 | $10,656,926 | $985,938 |
| 2018 | $4,210,919 | $3,858,956 | $10,258,683 | $351,963 |
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