FARMHOUSE FRATERNITY UNIVERSITY OF ILLINOIS (EIN 370672607) - 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

1930

Legal Domicile

Phone

2174932258

Tax Period

2024-08-01 to 2025-07-31

FARMHOUSE FRATERNITY UNIVERSITY OF ILLINOIS, founded in 1930, is a small nonprofit that reported $323K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $311K left a modest 4% surplus.

Mission

PROVIDE ROOM, BOARD, AND/OR 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 (2024)

Revenue Breakdown

Contributions & Grants $1,937

Program Service Revenue $321,368

Investment Income $0

Other Revenue $0

TOTAL REVENUE $323,305

Expense Breakdown

Grants Paid $5,955

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $298,438

TOTAL EXPENSES $311,359

Year-over-Year Comparison

	2024	2023	Change
Revenue	$323,305	$248,201	+0.3%
Expenses	$311,359	$269,173	+0.2%
Net Income	$11,946	$-20,972	-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

N/A

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
JACK JUNGMANN	President	2.00	Officer	$0	$0	$0
LEO MAHONEY	VP Finance	2.00	Officer	$0	$0	$0
JOSH NELSON	VP Recruitment	2.00	Officer	$0	$0	$0
NATHAN SPANGLER	VP Cap Maint	2.00	Officer	$0	$0	$0
GARY LUTH	Assist Treas	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
2025	$323,305	$311,359	$3,953	$11,946
2024	$248,201	$269,173	$1,382	$-20,972
2023	$247,069	$237,304	$12,979	$9,765
2022	$209,262	$252,138	$3,214	$-42,876
2020	$425,557	$176,884	$48,634	$248,673

FARMHOUSE FRATERNITY UNIVERSITY OF ILLINOIS