DELTA ALPHA DELTA CORPORATION

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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

1941

Legal Domicile

Principal Officer

Jerry Teets

Phone

3134030763

Tax Period

2024-07-01 to 2025-06-30

DELTA ALPHA DELTA CORPORATION, founded in 1941, is a small nonprofit in the Education sector that reported $308K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $280K left a modest 9% surplus.

Mission

To Support and Advise undergraduate members of Phi Delta Theta Michigan Delta; to ensure collegiate member commitment to The Code of Phi Delta Theta; to act in the best interest of the Michigan Delta Chapter of Phi Delta Theta; to create a culture that will aid each member in his college career and provide a medium for personal and chapter growth; to promote the ideals of Friendship, Sound Learning, and Moral Rectitude

Program Service Accomplishments

Program 1

Expenses: $131,316 Revenue: $0

Occupancy for the collegiate membership, this includes rent and utilities.

Program 2

Expenses: $87,706 Revenue: $0

Benefits for the members which come in the form social events such as semi-formal, brotherhood events, food and beverage for the collegiate membership.

Program 3

Expenses: $21,902 Revenue: $0

Payments to our fraternal headquarters for membership and local Interfraternity Council membership

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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 $307,654

Program Service Revenue $0

Investment Income $309

Other Revenue $0

TOTAL REVENUE $307,963

Expense Breakdown

Grants Paid $6,481

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $279,534

Other Expenses $185,347

TOTAL EXPENSES $279,534

Year-over-Year Comparison

	2024	2023	Change
Revenue	$307,963	$281,273	+0.1%
Expenses	$279,534	$256,800	+0.1%
Net Income	$28,429	$24,473	+0.2%

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

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
Jerry Teets	President & Chairman of the Board	2	Officer Director	$0	$0	$0
John Trecha	PR and Philanthropy Advisor	1	Officer Director	$0	$0	$0
Tyler Bliznik	Recruitment Advisor	1	Officer Director	$0	$0	$0
Robbie DeHaan	Risk Management Advisor	1	Officer Director	$0	$0	$0
Iain Gordon	Scholarship and Career Development Advisor	1	Officer Director	$0	$0	$0
Alain Pierre-Jacques	Treasurer & Financial Advisor	1	Officer Director	$0	$0	$0
Matt Attisha	Phikeia Education Advisor	1	Officer Director	$0	$0	$0
Jerry Teets	Alumni Relations Advisor	1	Officer Director	$0	$0	$0
Brenton Overfield	Chapter Ex-Officio A Section	2	Officer	$0	$0	$0
Chris Marsack	Chapter Ex-Officio B Section	2	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	$307,963	$279,534	$121,706	$28,429
2024	$281,273	$256,800	$93,272	$24,473
2023	$278,822	$309,865	$68,799	$-31,043