Phi Delta Theta Illinois ETA (EIN 370463190) - 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

Principal Officer

Aidan Foertsch

Phone

2173512625

Tax Period

2023-07-01 to 2024-06-30

Phi Delta Theta Illinois ETA is a small nonprofit that reported $388K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $454K exceeded revenue, resulting in a 17% operating deficit.

Mission

Provide Room, Board, and Social Activities for Active 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 $3,925

Program Service Revenue $384,397

Investment Income $17

Other Revenue $0

TOTAL REVENUE $388,339

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $453,705

TOTAL EXPENSES $453,705

Year-over-Year Comparison

	2023	2022	Change
Revenue	$388,339	$534,482	-0.3%
Expenses	$453,705	$569,875	-0.2%
Net Income	$-65,366	$-35,393	+0.8%

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

128

Independent Members

N/A

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
Michael Bruner	Vice President	2.00	Officer	$0	$0	$0
Luke Nowak	Treasurer	6.00	Officer	$0	$0	$0
Luke Cushing	Secretary	2.00	Officer	$0	$0	$0
Aidan Foertsch	President	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	$388,339	$453,705	$124,994	$-65,366
2023	$534,482	$569,875	$143,878	$-35,393
2022	$489,207	$530,168	$212,821	$-40,961
2021	$384,251	$451,400	$211,306	$-67,149
2020	$728,879	$443,328	$315,731	$285,551
2019	$586,825	$596,566	$55,337	$-9,741

Phi Delta Theta Illinois ETA