RHO CHI SOCIETY

EIN: 386069477

ANN ARBOR, MI

Total Revenue
$241,982
Total Expenses
$210,506
Total Assets
$652,160
Net Assets
$652,160
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1922
Legal Domicile
MI
Principal Officer
KAREN B FARRIS
Phone
7346154898
Tax Period
2020-01-01 to 2020-12-31

RHO CHI SOCIETY, founded in 1922, is a small nonprofit that reported $242K in total revenue in fiscal year 2020. Expenses of $211K left a modest 13% surplus.

Mission

AS THE ACADEMIC HONOR SOCIETY IN PHARMACY, THE RHO CHI SOCIETY: ENCOURAGES AND RECOGNIZES INTELLECTUAL ACHIEVEMENT STIMULATES CRITICAL INQUIRY TO ADVANCE PHARMACY CONTRIBUTES TO THE DEVELOPMENT OF INTELLECTUAL LEADERS PROMOTES HIGHEST ETHICAL STANDARDS FOSTERS COLLABORATION

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $111,203
Program Service Revenue $128,803
Investment Income $516
Other Revenue $1,460
TOTAL REVENUE $241,982

Expense Breakdown

Grants Paid $0
Salaries & Benefits $103,433
Fundraising Expenses $0
Other Expenses $107,073
TOTAL EXPENSES $210,506

Year-over-Year Comparison

2020 2019 Change
Revenue $241,982 $234,903 +0.0%
Expenses $210,506 $331,754 -0.4%
Net Income $31,476 $-96,851 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
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
6
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN B FARRIS EXEC VICE PR 2.00
Officer Director
$0 $0 $0
SUSAN M MEYER PAST PRESIDE 1.00
Officer Director
$0 $0 $0
CYNTHIA M PHILLIPS HISTORIAN 1.00
Officer Director
$0 $0 $0
EMMANUELLE SCHWARTZMAN PRESIDENT 1.00
Officer Director
$0 $0 $0
ANDREW J SMITH SECRETARY 1.00
Officer Director
$0 $0 $0
LUCIO VOLINO PRESIDENT-EL 1.00
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
2020 $241,982 $210,506 $652,160 $31,476
2019 $234,903 $331,754 $617,740 $-96,851
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare RHO CHI SOCIETY with other nonprofits in Michigan and across the country.