GAMMA PHI BETA SORORITY INC OMEGA CHAPTER

EIN: 426090698

AMES, IA

Total Revenue
$575,922
Total Expenses
$580,839
Total Assets
$54,763
Net Assets
$54,763
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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
1874
Legal Domicile
IA
Principal Officer
IVY HEMESATH
Phone
5158298665
Tax Period
2023-08-01 to 2024-07-31

GAMMA PHI BETA SORORITY INC OMEGA CHAPTER, founded in 1874, is a small nonprofit that reported $576K in total revenue in fiscal year 2023.

Mission

LOCAL CHAPTER OF A NATIONAL COLEGIATE SOCIAL SORORITY.

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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 $575,893
Investment Income $0
Other Revenue $29
TOTAL REVENUE $575,922

Expense Breakdown

Grants Paid $2,979
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $577,860
TOTAL EXPENSES $580,839

Year-over-Year Comparison

2023 2022 Change
Revenue $575,922 $534,955 +0.1%
Expenses $580,839 $539,902 +0.1%
Net Income $-4,917 $-4,947 0.0%
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
7
Independent Members
7
Employees
N/A
Volunteers
107

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
7
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MADELINE BECKER PRESIDENT N/A
Officer
$0 $0 $0
SYDNEY GOVRIK ADMINISTRATI N/A
Officer
$0 $0 $0
IVY HEMESATH FINANCIAL VP N/A
Officer
$0 $0 $0
NATALIE LEWIS MEMBERSHIP V N/A
Officer
$0 $0 $0
RAINA PFEIFER EDUCATION VP N/A
Officer
$0 $0 $0
MARTA TORBORG PANHELLENIC N/A
Officer
$0 $0 $0
CAMRYN WEERS PUBLIC RELAT N/A
Officer
$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 $575,922 $580,839 $54,763 $-4,917
2023 $534,955 $539,902 $59,680 $-4,947
2022 $581,753 $572,905 $64,627 $8,848
2021 $518,067 $525,773 $55,779 $-7,706
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