RHO CHI SOCIETY

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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

1922

Legal Domicile

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

Program Service Accomplishments

Program 1

PROMOTION OF EXCELLENCE IN PHARMACY BY STIMULATING FURTHER STUDY IN THE FIELD THROUGH HONORARIA AND GRANTS.

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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 (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

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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

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

Total Directors

Key Employees

Highest Compensated

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