CHI OMEGA OF PURDUE UNIVERSITY INC CHI OMEGA OF PURDUE UNIVERSITY INC (EIN 356073610) - 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

1967

Legal Domicile

Principal Officer

BARBARA BOODRASANG

Phone

7654235313

Tax Period

2023-07-01 to 2024-06-30

CHI OMEGA OF PURDUE UNIVERSITY INC CHI OMEGA OF PURDUE UNIVERSITY INC, founded in 1967, is a small nonprofit in the Education sector that reported $723K in total revenue in fiscal year 2023. Net assets of $1.9M represent 32 months of operating reserves.

Mission

THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROMOTE LASTING AND ENDURING FRIENDSHIPS AMONG ITS MEMBERS; TO FOSTER HIGHER STANDARDS OF INTELLECTUAL ACHIEVEMENT AND ETHICAL BEHAVIOR AMONG ITS MEMBERS; TO PROMOTE THE EDUCATION OF ITS CHAPTER MEMBERS AND TO PROMOTE THE EDUCATIONAL AND SOCIAL MILIEU OF THE COLLEGE WHERE ITS CHAPTERS OF CHI OMEGA SORORITY ARE ESTABLISHED; AND TO PROMOTE THE DEVELOPMENT OF EDUCATION AND ADVANCEMENT IN LIFE OF ITS COLLEGIATE MEMBERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $300

Program Service Revenue $722,633

Investment Income $109

Other Revenue $0

TOTAL REVENUE $723,042

Expense Breakdown

Grants Paid $0

Salaries & Benefits $147,562

Fundraising Expenses $96,557

Program Expenses $652,686

Other Expenses $526,277

TOTAL EXPENSES $770,396

Year-over-Year Comparison

	2023	2022	Change
Revenue	$723,042	$752,672	0.0%
Expenses	$770,396	$671,241	+0.1%
Net Income	$-47,354	$81,431	-1.6%

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
SUSAN GENTRY	MEMBER	2.00	Director	$0	$0	$0
BARBARA BOODRASANG	PRESIDENT	8.00	Officer	$0	$0	$0
TRUDY JOHNSON	VICE PRESIDE	4.00	Officer	$0	$0	$0
JENNA RICKUS	SECRETARY	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
2025	No data	No data	No data	No data
2024	$723,042	$770,396	$1,949,902	$-47,354
2023	$752,672	$671,241	$2,000,014	$81,431
2022	$683,892	$620,463	$1,918,003	$63,429
2021	$551,545	$488,543	$1,855,286	$63,002

CHI OMEGA OF PURDUE UNIVERSITY INC CHI OMEGA OF PURDUE UNIVERSITY INC