NORTH CAROLINA BETA ALUMNI AND VOLUNTEER CORPORATION OF SIGMA PHI (EIN 371730014) - 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

1949

Legal Domicile

Phone

9196193199

Tax Period

2023-01-01 to 2023-12-31

NORTH CAROLINA BETA ALUMNI AND VOLUNTEER CORPORATION OF SIGMA PHI, founded in 1949, is a small nonprofit in the Community Improvement sector that reported $817K in total revenue in fiscal year 2023. Net assets of $2.4M represent 35 months of operating reserves.

Mission

Provide undergraduate residential living and learning community for members of Sigma Phi Epsilon North Carolina Beta Chapter at North Carolina State University. We built a chapter house on NCSU University land that houses 45 people and 1 full-time House Director who is employed by the University. We also provide a full meal plan for residents and out-of-house members throughout the school year.

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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 $0

Program Service Revenue $816,775

Investment Income $0

Other Revenue $0

TOTAL REVENUE $816,775

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $653,695

Other Expenses $865,828

TOTAL EXPENSES $865,828

Year-over-Year Comparison

	2023	2022	Change
Revenue	$816,775	$842,167	0.0%
Expenses	$865,828	$790,510	+0.1%
Net Income	$-49,053	$51,657	-1.9%

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
Steven Frost	AVC Treasurer	5.00	Officer	$0	$0	$0
Kerrick Wilson	AVC President	5.00	Officer	$0	$0	$0
Tolly Spence	Assistant AVC Treasurer	2.00	Director	$0	$0	$0
Grant Buttram	AVC Board Member	1.00	Director	$0	$0	$0
Kwaapo Sam	AVC Board Member	1.00	Director	$0	$0	$0
Todd Goodwin	AVC Chapter Counselor	1.00	Officer	$0	$0	$0
William Gallimore	AVC VP of Housing	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
2024	No data	No data	No data	No data
2023	$816,775	$865,828	$5,414,371	$-49,053
2022	$842,167	$790,510	$5,463,424	$51,657
2021	$585,969	$660,625	$5,303,877	$-74,656
2020	$589,716	$409,852	$5,392,137	$179,864

NORTH CAROLINA BETA ALUMNI AND VOLUNTEER CORPORATION OF SIGMA PHI