UNIVERSITY OF WISCONSIN- MADISON PANHELLENIC ASSOCIATION

EIN: 391709374

MADISON, WI

Total Revenue
$265,882
Total Expenses
$515,398
Total Assets
$125,933
Net Assets
$125,933
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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
1902
Legal Domicile
WI
Principal Officer
ILY GRINBERG
Phone
6088903329
Tax Period
2023-01-01 to 2023-12-31

UNIVERSITY OF WISCONSIN- MADISON PANHELLENIC ASSOCIATION, founded in 1902, is a small nonprofit that reported $266K in total revenue in fiscal year 2023. Expenses of $515K exceeded revenue, resulting in a 94% operating deficit.

Mission

THE PANHELLENIC ASSOCIATION (PHA) EXISTS TO FOSTER THE PROMOTION OF SCHOLARSHIP, PHILANTHROPY, AND MOST IMPORTANTLY, COMMUNITY WITHIN THE UNIVERSITY OF WISCONSIN-MADISON CAMPUS. WE BELIEVE IN EMPOWERING OUR MEMBERS THROUGH CONTINUAL COMMITMENT TO GIVING WOMEN THE OPPORTUNITY TO GROW AND LEAD. ULTIMATELY, WE BELIEVE IN CHANGE THE CULTURE OF THE FRATERNITY AND SORORITY LIFE COMMUNITY FOR THE BETTER. WE STRIVE TO FACILITATE MEANINGFUL RELATIONSHIP BUILDING, PERSONAL GROWTH, AND AN INCLUSIVE ENVIRONMENT FOR OUR MEMBERS. IN DOING SO, WE HOPE TO BUILD A STRONG FOUNDATION THAT WILL HELP THEM SUCCEED IN THE FUTURE.

Program Service Accomplishments

Program 1

THE PANHELLENIC ASSOCIATION AT THE UNIVERSITY OF WISCONSIN-MADISON (PHA) IS THE GOVERNING BODY FOR THE 13 NATIONAL PANHELLENIC CONFERENCE WOMEN'S SORORITIES, AS WELL AS 1 ASSOCIATE WOMEN'S SORORITY...

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THE PANHELLENIC ASSOCIATION AT THE UNIVERSITY OF WISCONSIN-MADISON (PHA) IS THE GOVERNING BODY FOR THE 13 NATIONAL PANHELLENIC CONFERENCE WOMEN'S SORORITIES, AS WELL AS 1 ASSOCIATE WOMEN'S SORORITY ON CAMPUS. ELECTED CHAPTER DELEGATES MEET REGULARLY WITH THE PHA EXECUTIVE BOARD TO FACILITATE OPEN COMMUNICATION AND COLLABORATION. THE PHA SPONSORS EVENTS SUCH AS FORMAL RECRUITMENT AND ALL DRESSED UP, AN EVENT THAT ENHANCES THE HIGH SCHOOL EXPERIENCE FOR STUDENTS IN THE MADISON AREA. PANHELLENIC WOMEN PROUDLY STRIVE FOR INDIVIDUAL EXCELLENCE IN SCHOLARSHIP AND LEADERSHIP AND PROMOTE COMMUNITY BUILDING THROUGH CITIZENSHIP AND FELLOWSHIP.

Program 2

THE PANHELLENIC ASSOCIATION PROVIDES FUNDING TO VARIOUS PHILANTHROPIES AND CHARITIES SUPPORTED BY THE GREEK SYSTEM.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $265,845
Investment Income $37
Other Revenue $0
TOTAL REVENUE $265,882

Expense Breakdown

Grants Paid $329,575
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $185,823
TOTAL EXPENSES $515,398

Year-over-Year Comparison

2023 2022 Change
Revenue $265,882 N/A N/A
Expenses $515,398 N/A N/A
Net Income $-249,516 $0 N/A
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
11
Independent Members
11
Employees
N/A
Volunteers
11

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
11
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HAZEL LIETZ PRESIDENT 6.00
Officer Director
$0 $0 $0
RAEVA SIKKA VP FINANCE 6.00
Officer Director
$0 $0 $0
JULIA KAY SMITH VP JUDICIAL AFFAIRS 6.00
Officer Director
$0 $0 $0
MEREDITH REESE VP RISK MANAGEMENT 6.00
Officer Director
$0 $0 $0
AVERY STARK VP HARM PREVENTION 6.00
Officer Director
$0 $0 $0
ALEXANDRA FRIED VP DEI 6.00
Officer Director
$0 $0 $0
KELSEY BARBAR VP RECRUITMENT 6.00
Officer Director
$0 $0 $0
LYDIA GLENN VP COMMUNITY DEVELOPMENT 6.00
Officer Director
$0 $0 $0
MEREDITH VOHLAND VP COMMUNICATIONS 6.00
Officer Director
$0 $0 $0
ALEXA LITWIN VP MEMBER EXPERIENCE 6.00
Officer Director
$0 $0 $0
MADDY MARCUS DIRECTOR OF RECRUITMENT COUNSELORS 6.00
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
2023 $265,882 $515,398 $125,933 $-249,516
2020 $128,075 $80,532 $252,248 $47,543
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