MT PROSPECT, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)TRIANGLE FRATERNITY NATIONAL COUNCIL, founded in 1907, is a small nonprofit that reported $403K in total revenue in fiscal year 2021. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $597K exceeded revenue, resulting in a 48% operating deficit.
Promote and facilitate STEM education programs build and preserve Brotherhood among University of Illinois students and alumni. The Fraternity caters to students studying Engineering Architecture Computer Science and other related pursuits. The Fraternity alumni organization operates in conjunction with related fraternity national organizations the House. The House is also used to host alumni events.
Hosting alumni events i.e. Homecoming and Founders' Day which gathered alumni and undergraduate students at the Illinois chapter to discuss operating the house and related educational activities and...
Hosting alumni events i.e. Homecoming and Founders' Day which gathered alumni and undergraduate students at the Illinois chapter to discuss operating the house and related educational activities and goals. The Corporation works closely with the undergraduate chapter and related National fraternity organizations specifically Triangle Educational Foundation Triangle Building and Housing Corporation Triangle Houe LLC and Triangle Fraternity National to promote brotherhood among undergraduate students and alumni and especially to facilitate the educational goals of the undergraduates as well.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2021 | 2020 | Change | |
|---|---|---|---|
| Revenue | $402,901 | $309,300 | +0.3% |
| Expenses | $597,203 | $198,391 | +2.0% |
| Net Income | $-194,302 | $110,909 | -2.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Matthew N Frank | President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Nathan H Davis | Secretary | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Vibhu Vanajari | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Alex Perez | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Andrew Lee | Treasurer | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| William Laitar | Director | 0.00 |
Officer
|
$0 | $0 | $0 |
| David Zielke | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2022 | $402,901 | $597,203 | $2,050 | $-194,302 |
| 2021 | $309,300 | $198,391 | $548,193 | $110,909 |
Compare TRIANGLE FRATERNITY NATIONAL COUNCIL with other nonprofits in Illinois and across the country.