PHI KAPPA THETA IOWA XI BUILDING CORPORATION

EIN: 426073195

AMES, IA

Total Revenue
$132,154
Total Expenses
$110,180
Total Assets
$778,454
Net Assets
$639,899
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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
1933
Legal Domicile
IA
Principal Officer
TOM MERCER
Phone
5152711122
Tax Period
2023-01-01 to 2023-12-31

PHI KAPPA THETA IOWA XI BUILDING CORPORATION, founded in 1933, is a small nonprofit that reported $132K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $22K, a strong 17% operating margin.

Mission

TO BE A PREMIER HUMAN DEVELOPMENT ORGANIZATION.

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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 $127,108
Program Service Revenue $0
Investment Income $58
Other Revenue $4,988
TOTAL REVENUE $132,154

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $110,180
TOTAL EXPENSES $110,180

Year-over-Year Comparison

2023 2022 Change
Revenue $132,154 $144,629 -0.1%
Expenses $110,180 $96,269 +0.1%
Net Income $21,974 $48,360 -0.5%
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
4
Independent Members
4
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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL FISHER SECRETARY N/A
Officer Director
$0 $0 $0
ED LARSON VICE-PRESIDE N/A
Officer Director
$0 $0 $0
GREG MARSO TREASURER N/A
Officer Director
$0 $0 $0
TOM MERCER PRESIDENT N/A
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
2024 No data No data No data No data
2023 $132,154 $110,180 $778,454 $21,974
2022 $144,629 $96,269 $773,978 $48,360
2021 $97,495 $100,987 $740,762 $-3,492
2020 $114,549 $91,332 $1,678,151 $23,217
2019 $176,207 $137,052 $795,906 $39,155
2018 $189,335 $138,338 $691,664 $50,997
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