ALPHA XI DELTA HOUSING CORPORATION OF KALAMAZOO MICHIGAN INC (EIN 383280546) - 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

1996

Legal Domicile

Principal Officer

NICOLE BRASIL

Phone

2693775950

Tax Period

2021-09-01 to 2022-07-31

ALPHA XI DELTA HOUSING CORPORATION OF KALAMAZOO MICHIGAN INC, founded in 1996, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2021. Revenue surged 310% from the prior year, signaling strong growth momentum. Expenses of $1.6M exceeded revenue, resulting in a 44% operating deficit.

Mission

THE CORPORATION SHALL BE ORGANIZED AND OPERATED EXCLUSIVELY FOR THE PLEASURE, RECREATION AND OTHER NONPROFITABLE PURPOSES OF ITS MEMBERS INCLUDING THE PROVISION AND MAINTENANCE OF HOUSING THE THETA ETA CHAPTER OF ALPHA XI DELTA FRATERNITY.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $200,615

Investment Income $900,011

Other Revenue $100

TOTAL REVENUE $1,100,726

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,450

Fundraising Expenses $0

Other Expenses $1,567,773

TOTAL EXPENSES $1,580,223

Year-over-Year Comparison

	2021	2020	Change
Revenue	$1,100,726	$268,364	+3.1%
Expenses	$1,580,223	$259,390	+5.1%
Net Income	$-479,497	$8,974	-54.4%

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
NICOLE BRASIL	PRESIDENT	N/A	Officer Director	$0	$0	$0
TONIE BANS	TREASURER	N/A	Officer 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
2022	$1,100,726	$1,580,223	No data	$-479,497
2021	$268,364	$259,390	$553,954	$8,974
2020	$275,510	$247,406	$580,300	$28,104
2019	$364,888	$276,961	$585,622	$87,927
2018	$368,230	$285,870	$529,389	$82,360

ALPHA XI DELTA HOUSING CORPORATION OF KALAMAZOO MICHIGAN INC