RHO SIGMA FOUNDATION

EIN: 383522792 501(c)(3) Human Services

Detroit, MI

Total Revenue
$205,633
Total Expenses
$20,813
Total Assets
$232,876
Net Assets
$232,876
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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
2000
Legal Domicile
MI
Principal Officer
Tracie Apatira
Phone
5134035472
Tax Period
2022-07-01 to 2023-06-30

RHO SIGMA FOUNDATION, founded in 2000, is a small nonprofit in the Human Services sector that reported $206K in total revenue in fiscal year 2022. Revenue surged 758% from the prior year, signaling strong growth momentum. The organization ran a surplus of $185K, a strong 90% operating margin.

Mission

Rho Sigma Foundations mission is to expand opportunities for its members to provide impactful service to the Metro Detroit Community with a specific emphasis on women, youth and education.

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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 (2022)

Revenue Breakdown

Contributions & Grants $11,198
Program Service Revenue $12,414
Investment Income $182,021
Other Revenue $0
TOTAL REVENUE $205,633

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $1,164
Program Expenses $11,864
Other Expenses $20,813
TOTAL EXPENSES $20,813

Year-over-Year Comparison

2022 2021 Change
Revenue $205,633 $23,966 +7.6%
Expenses $20,813 $23,277 -0.1%
Net Income $184,820 $689 +267.2%
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

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Governance

Voting Members
173
Independent Members
173
Employees
N/A
Volunteers
173

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
9
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Angela Bullock Board Member 1
Director
$0 $0 $0
Shamika Lake Board Member 1
Director
$0 $0 $0
Mareitta Alston-Williams Board Member 1
Director
$0 $0 $0
Ruby Coates-Price Board Member 1
Director
$0 $0 $0
Kendra Cook Board Member 1
Director
$0 $0 $0
Jamye Jeter-Cameron Board Member 1
Director
$0 $0 $0
Kelly Johnson Board Member 1
Director
$0 $0 $0
Makeda Turner Board Member 1
Director
$0 $0 $0
Raquel Welch-Johnson Board Member 1
Director
$0 $0 $0
Cynthera McNeill 1st Vice President 1
Officer
$0 $0 $0
Sharon Davis 2nd Vice President 1
Officer
$0 $0 $0
Deanne Saffold Treasurer 1
Officer
$0 $0 $0
Tiffany Bryant Secretary 1
Officer
$0 $0 $0
Tracie Apatira President 1
Key Emp
$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
2023 $205,633 $20,813 $232,876 $184,820
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