NU OMEGA CHAPTER OMEGA PSI PHI FRATERNITY INC

EIN: 381641445 Education

Detroit, MI

Total Revenue
$280,239
Total Expenses
$250,608
Total Assets
$123,455
Net Assets
$28,421
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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
1942
Legal Domicile
MI
Principal Officer
CHAD RHODES
Phone
3138721646
Tax Period
2024-11-01 to 2025-10-31

NU OMEGA CHAPTER OMEGA PSI PHI FRATERNITY INC, founded in 1942, is a small nonprofit in the Education sector that reported $280K in total revenue in fiscal year 2024. Expenses of $251K left a modest 11% surplus.

Mission

TO PROVIDE SCHOLARSHIP SERVICE AND COMMUNITY TO THOSE IN NEED

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $247,475
Program Service Revenue $32,760
Investment Income $4
Other Revenue $0
TOTAL REVENUE $280,239

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $31,282
Other Expenses $250,608
TOTAL EXPENSES $250,608

Year-over-Year Comparison

2024 2023 Change
Revenue $280,239 N/A N/A
Expenses $250,608 N/A N/A
Net Income $29,631 N/A N/A
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

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Governance

Voting Members
N/A
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHAD RHODES BASILEUS 10.00
Officer
$0 $0 $0
BRANDON GRAHAM VICE BASILEUS 10.00
Officer
$0 $0 $0
SAMUEL BILLS KRS 10.00
Officer
$0 $0 $0
MARK HAMILTON KEEPER OF FINANCE 10.00
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 $280,239 $250,608 $123,455 $29,631
2023 $455,802 $427,988 $435,207 $27,814
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