ALPHA GAMMA ZETA HOUSE CORPORATION

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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

1968

Legal Domicile

Principal Officer

RANDY SORENSEN

Tax Period

2024-01-01 to 2024-12-31

ALPHA GAMMA ZETA HOUSE CORPORATION, founded in 1968, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 98% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 94% operating margin.

Mission

The Mission of Gamma Zeta Alpha Fraternity Inc., a not-for-profit corporation built on the foundation of respect and brotherhood, is to establish and promote a nurturing environment at the university level and beyond through academic excellence, community service.

Program Service Accomplishments

Program 1

Expenses: $32,320 Revenue: $33,212

FRATERNITY MAINTAINS A CHAPTER TO SUPPORT UNDERGRADUATES INTO A WELCOMING CHAPTER WHERE THEY MAY LIVE AND LEARN. APPROXIMATELY 25 UNDERGRADUATES BENEFIT FROM THIS PROGRAM.

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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 $1,310,248

Program Service Revenue $33,212

Investment Income $7,498

Other Revenue $0

TOTAL REVENUE $1,350,958

Expense Breakdown

Grants Paid $110

Salaries & Benefits $0

Fundraising Expenses $9,070

Program Expenses $32,320

Other Expenses $78,518

TOTAL EXPENSES $78,628

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,350,958	$680,722	+1.0%
Expenses	$78,628	$48,933	+0.6%
Net Income	$1,272,330	$631,789	+1.0%

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
TERRY SCHMIDT	PRESIDENT	001.00	Officer Director	$0	$0	$0
NICHOLAS BRATVOLD	VICE PRESIDENT	001.00	Officer Director	$0	$0	$0
RANDY SORENSEN	TREASURER	001.00	Officer Director	$0	$0	$0
LOGAN LAMPHERE	SECRETARY	001.00	Officer 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
2024	$1,350,958	$78,628	$3,564,194	$1,272,330
2023	$680,722	$48,933	$1,629,250	$631,789
2022	$557,983	$103,867	$997,852	$454,116
2021	$186,540	$56,760	$609,165	$129,780