THETA TAU ALUMNI OF PHI RHO SIGMA

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1920

Legal Domicile

Principal Officer

BRUCE A NORBACK

Phone

6126245015

Tax Period

2024-04-01 to 2025-03-31

THETA TAU ALUMNI OF PHI RHO SIGMA, founded in 1920, is a micro nonprofit that reported $79K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $89K exceeded revenue, resulting in a 12% operating deficit.

Mission

PROVIDING GRADUATE FRATERNITY HOUSING, ACTIVITIES AND ENVIRONMENT

Program Service Accomplishments

Program 1

PROVIDE, OPERATE, AND MAINTAIN HOUSING AND OTHER FACILITIES FOR THE USE AND BENEFIT OF GRADUATE MEDICAL SCHOOL STUDENTS AT THE UNIVERSITY OF MINNESOTA

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $79,200

Investment Income $-200

Other Revenue $0

TOTAL REVENUE $79,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $88,746

TOTAL EXPENSES $88,746

Year-over-Year Comparison

	2024	2023	Change
Revenue	$79,000	$83,617	-0.1%
Expenses	$88,746	$85,505	+0.0%
Net Income	$-9,746	$-1,888	+4.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
BRUCE NORBACK	ACTING PRESIDENT	1.00	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
2026	No data	No data	No data	No data
2025	$79,000	$88,746	$549,230	$-9,746
2024	$83,617	$85,505	$559,231	$-1,888
2023	$78,002	$69,504	$557,720	$8,498
2022	$73,510	$58,944	$548,531	$14,566
2021	$74,280	$48,215	$539,757	$26,065
2020	$75,624	$43,249	$507,820	$32,375