PURDUE CHAPTER TRIANGLE FRATERNITY… - 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

1911

Legal Domicile

Principal Officer

ROB SEARLE

Phone

3178379640

Tax Period

2022-07-01 to 2023-06-30

PURDUE CHAPTER TRIANGLE FRATERNITY INC, founded in 1911, is a small nonprofit that reported $299K in total revenue in fiscal year 2022. Revenue surged 102% from the prior year, signaling strong growth momentum. The organization ran a surplus of $137K, a strong 46% operating margin.

Mission

TO SUPPORT THE VARIOUS EDUCATIONAL PROGRAMS OF THE PURDUE CHAPTER OF TRIANGLE FRATERNITY.

Program Service Accomplishments

Program 1

OPERATION OF CHAPTER HOUSE FOR APPROXIMATELY 70 FRATERNITY MEMBERS WHO ARE STUDENTS AT PURDUE UNIVERSITY.

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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 $214,297

Program Service Revenue $84,635

Investment Income $0

Other Revenue $0

TOTAL REVENUE $298,932

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $162,195

TOTAL EXPENSES $162,195

Year-over-Year Comparison

	2022	2021	Change
Revenue	$298,932	$147,889	+1.0%
Expenses	$162,195	$90,317	+0.8%
Net Income	$136,737	$57,572	+1.4%

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

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
ROB SEARLE	PRESIDENT	2.00	Officer Director	$0	$0	$0
MIKE PETTIT	TREASURER	2.00	Officer Director	$0	$0	$0
OAK STEVENS	BOARD MEMBER	1.00	Director	$0	$0	$0
PATRICK MCCARTHY	BOARD MEMBER	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
2023	$298,932	$162,195	$199,056	$136,737
2022	$147,889	$90,317	$235,320	$57,572
2021	$148,189	$130,768	$232,201	$17,421
2020	$158,119	$165,878	$244,244	$-7,759
2018	$251,661	$198,651	$321,632	$53,010

PURDUE CHAPTER TRIANGLE FRATERNITY INC