TRIANGLE FRATERNITY MICHIGAN

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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

1925

Legal Domicile

Principal Officer

RYAN SKOP

Phone

5173044441

Tax Period

2022-07-01 to 2023-06-30

TRIANGLE FRATERNITY MICHIGAN, founded in 1925, is a small nonprofit that reported $391K in total revenue in fiscal year 2022. Revenue surged 154% from the prior year, signaling strong growth momentum. The organization ran a surplus of $68K, a strong 17% operating margin.

Mission

THE DEVELOPMENT OF STUDENTS INTO FINE, WELL ROUNDED MEN FOCUSED IN THE IDEALS OF TRIANGLE FRATERNITY

Program Service Accomplishments

Program 1

Expenses: $304,805 Revenue: $237,234

ALL REVENUE AND EXPENSES PERTAIN TO THE EXEMPT PURPOSE OF OPERATING THE FRATERNITY CHAPTER HOUSE AND RECRUITING MEMBERS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $153,541

Program Service Revenue $237,234

Investment Income $0

Other Revenue $0

TOTAL REVENUE $390,775

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $304,805

Other Expenses $322,805

TOTAL EXPENSES $322,805

Year-over-Year Comparison

	2022	2021	Change
Revenue	$390,775	$153,907	+1.5%
Expenses	$322,805	$327,079	0.0%
Net Income	$67,970	$-173,172	-1.4%

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

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
JIM LISI	TREASURER	2.00	Officer Director	$0	$0	$0
RYAN SKOP	ALUMNI PRESIDENT	2.00	Officer Director	$0	$0	$0
SAM FRIEDMAN	DIRECTOR	1.00	Director	$0	$0	$0
CARTER NEERING	DIRECTOR	1.00	Director	$0	$0	$0
NEIL JOHARI	DIRECTOR	1.00	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
2024	No data	No data	No data	No data
2023	$390,775	$322,805	$668,484	$67,970
2022	$153,907	$327,079	$561,776	$-173,172
2021	$247,828	$198,483	$936,570	$49,345