BETA THETA PI FRATERNITY OF PURDUE (EIN 356044125) - 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

1911

Legal Domicile

Principal Officer

Tom Hoover

Phone

7654327571

Tax Period

2024-09-01 to 2025-08-31

BETA THETA PI FRATERNITY OF PURDUE, founded in 1911, is a small nonprofit that reported $388K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $515K exceeded revenue, resulting in a 33% operating deficit.

Mission

Maintain the fraternity house in an appropriate manner; promote moral and social values of the membership; promote scholarship of the general membership. Provide alumni guidance and support to the undergraduate chapter.

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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 $87,765

Program Service Revenue $0

Investment Income $78,650

Other Revenue $221,611

TOTAL REVENUE $388,026

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $89,225

Program Expenses $515,396

Other Expenses $426,171

TOTAL EXPENSES $515,396

Year-over-Year Comparison

	2024	2023	Change
Revenue	$388,026	$443,781	-0.1%
Expenses	$515,396	$400,257	+0.3%
Net Income	$-127,370	$43,524	-3.9%

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

Volunteers

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
Steve Klinger	Treasurer	10.00	Officer	$0	$0	$0
Mike Kinder	Secretary	2.00	Officer	$0	$0	$0
Byron Wheeler	Vice President	4.00	Officer	$0	$0	$0
Tom Hoover	President	20.00	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	$388,026	$515,396	$5,072,125	$-127,370
2024	$443,781	$400,257	$4,583,589	$43,524
2023	$316,312	$361,766	$4,486,504	$-45,454
2022	$384,444	$656,931	$4,684,072	$-272,487
2021	$448,253	$482,489	$5,405,179	$-34,236
2020	$762,224	$332,737	$5,533,822	$429,487

BETA THETA PI FRATERNITY OF PURDUE