ALPHA GAMMA RHO ALPHA ALUMNI ASSN

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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

1922

Legal Domicile

Principal Officer

JARED KEMPEL

Phone

8155411870

Tax Period

2024-09-01 to 2025-08-31

ALPHA GAMMA RHO ALPHA ALUMNI ASSN, founded in 1922, is a small nonprofit that reported $326K in total revenue in fiscal year 2024. Net assets of $864K represent 32 months of operating reserves.

Mission

TO SUPPORT THE UNIVERSITY OF ILLINOIS OF THE NATIONAL FRATERNITY BY PROVIDING GUIDANCE AND ASSISTANCE BY INTERFACING WITH THE ACTIVE CHAPTER MEMBERS. THE ALUMNI ASSOCIATION ALSO OWNS AND MAINTAINS THE CHAPTER HOUSE WHICH IT RENTS TO THE LOCAL CHAPTER AND ITS MEMBERS.

Program Service Accomplishments

Program 1

Expenses: $297,332 Revenue: $270,500

ALUMNI ASSOCIATION WHICH OWNS AND RENTS FRATERNITY HOUSE TO UNDERGRADUATE 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 $9,960

Program Service Revenue $310,500

Investment Income $2,127

Other Revenue $3,787

TOTAL REVENUE $326,374

Expense Breakdown

Grants Paid $0

Salaries & Benefits $53,305

Fundraising Expenses $0

Program Expenses $297,332

Other Expenses $270,300

TOTAL EXPENSES $323,605

Year-over-Year Comparison

	2024	2023	Change
Revenue	$326,374	$321,742	+0.0%
Expenses	$323,605	$315,333	+0.0%
Net Income	$2,769	$6,409	-0.6%

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

Employees

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
DRAKE ROBARDS	PRESIDENT	4.00	Officer Director	$0	$0	$0
SCOTT SWARTZENDRUBER	DIRECTOR	0.25	Director	$0	$0	$0
JARED KEMPEL	TREASURER	4.00	Officer Director	$0	$0	$0
MAX HENDRICKSON	VICE PRESIDENT	0.25	Officer Director	$0	$0	$0
TOM COURSON	DIRECTOR	0.25	Director	$0	$0	$0
MITCH HEISLER	DIRECTOR	0.25	Director	$0	$0	$0
DAVE MINSSEN	DIRECTOR	0.25	Director	$0	$0	$0
KURT LENSCHOW	SECRETARY	0.25	Officer Director	$0	$0	$0
JESSE FABER	DIRECTOR	0.25	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
2025	$326,374	$323,605	$973,107	$2,769
2024	$321,742	$315,333	$1,033,652	$6,409
2023	$318,841	$284,122	$922,327	$34,719
2022	$321,808	$326,776	$873,939	$-4,968
2021	$357,043	$370,482	$874,291	$-13,439
2020	$266,292	$361,565	$921,123	$-95,273
2019	$301,855	$415,089	$1,005,287	$-113,234
2018	$308,989	$342,002	$1,115,746	$-33,013