BETA THETA PI SOCIETY OF MN (EIN 416035894) - Form 990 Financial Analysis & Trantor Score

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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

1938

Legal Domicile

Principal Officer

SCOTT HEINEMAN

Phone

6126245015

Tax Period

2023-07-01 to 2024-06-30

BETA THETA PI SOCIETY OF MN, founded in 1938, is a small nonprofit that reported $113K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $136K exceeded revenue, resulting in a 20% operating deficit.

Mission

PROVIDES FRATERNITY HOUSING, ENVIRONMENT AND ACTIVITIES TO PROMOTE THE SOCIAL, INTELLECUTUAL AND EDUCATIONAL WELFARE FOR THE MEMBERS OF THE MN CHAPTER OF BETA THETA PI FRATERNITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $4,137

Program Service Revenue $108,726

Investment Income $0

Other Revenue $12

TOTAL REVENUE $112,875

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $135,517

TOTAL EXPENSES $135,517

Year-over-Year Comparison

	2023	2022	Change
Revenue	$112,875	$128,615	-0.1%
Expenses	$135,517	$145,077	-0.1%
Net Income	$-22,642	$-16,462	+0.4%

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

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
SCOTT HEINEMAN	PRESIDENT	2.00	Officer	$0	$0	$0
DAVID W STIFF	CO-TREASURER	5.00	Officer	$0	$0	$0
JACK LIANG	CO-TREASURER	1.00	Officer	$0	$0	$0
STEPHEN G EDWARDS	MEMBER AT LARGE	1.00	Director	$0	$0	$0
BRANDEN PETERSON	MEMBER AT LARGE	5.00	Director	$0	$0	$0
WILLIAM H MADDEN	MEMBER AT LARGE	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
2025	No data	No data	No data	No data
2024	$112,875	$135,517	$921,528	$-22,642
2023	$128,615	$145,077	$987,090	$-16,462
2022	$124,324	$154,045	$1,012,719	$-29,721
2021	$111,630	$138,728	$1,066,452	$-27,098
2020	$116,177	$125,029	$1,013,787	$-8,852

BETA THETA PI SOCIETY OF MN