ALPHA XI OF ZETA TAU ALPHA HOUSE C… - Form 990 Financial Data

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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

1949

Legal Domicile

Principal Officer

Cynthia Walker

Phone

8123279108

Tax Period

2022-07-01 to 2023-06-30

ALPHA XI OF ZETA TAU ALPHA HOUSE CORPORATION, founded in 1949, is a small nonprofit that reported $618K in total revenue in fiscal year 2022. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $4.9M exceeded revenue, resulting in a 698% operating deficit.

Mission

Provide housing for active chapter members while attending Indiana University

Program Service Accomplishments

Program 1

Expenses: $108,588 Revenue: $616,678

Provide housing for active chapter members while attending Indiana University

Program 2

Expenses: $4,761,295

Transfer all remaining assets at dissolution to national organization

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $616,678

Investment Income $1,082

Other Revenue $115

TOTAL REVENUE $617,875

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,869,883

Other Expenses $4,929,595

TOTAL EXPENSES $4,929,595

Year-over-Year Comparison

	2022	2021	Change
Revenue	$617,875	$500,010	+0.2%
Expenses	$4,929,595	$253,085	+18.5%
Net Income	$-4,311,720	$246,925	-18.5%

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
Bonnie Sando	President	2.00	Director	$0	$0	$0
Ann Strahle	Director	2.00	Director	$0	$0	$0
Joanne Myers	Vice President	2.00	Director	$0	$0	$0
Mary Tierney	Director	2.00	Director	$0	$0	$0
Cynthia Walker	Treasurer	10.00	Officer	$0	$0	$0
Anitra Murphy	Secretary	10.00	Officer	$0	$0	$0
Melissa Martin	Director	2.00	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
2023	$617,875	$4,929,595	No data	$-4,311,720
2022	$500,010	$253,085	$5,889,871	$246,925
2021	$297,740	$225,686	$5,611,268	$72,054
2020	$434,840	$183,481	$5,210,535	$251,359
2019	$511,307	$206,773	$5,541,874	$304,534

ALPHA XI OF ZETA TAU ALPHA HOUSE CORPORATION