PHI UPSILON OMICRON EDUCATIONAL FOUNDATION INC

EIN: 450314283 501(c)(3) Education

BOWLING GREEN, KY

Total Revenue
$86,902
Total Expenses
$150,851
Total Assets
$3,048,687
Net Assets
$3,048,687
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
ND
Principal Officer
MELISSA MARTIN
Phone
2709041340
Tax Period
2022-08-01 to 2023-07-31

PHI UPSILON OMICRON EDUCATIONAL FOUNDATION INC, founded in 1970, is a micro nonprofit in the Education sector that reported $87K in total revenue in fiscal year 2022. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $151K exceeded revenue, resulting in a 74% operating deficit.

Mission

PHI UPSILON OMICRON EDUCATIONAL FOUNDATION, INC. RAISES FUNDS FOR AND DISTRIBUTES SCHOLARSHIPS, FELLOWSHIPS, AND AWARDS TO COLLEGE AND UNIVERSITY STUDENTS AND ALUMNI IN FAMILY AND CONSUMER SCIENCES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $29,462
Program Service Revenue $0
Investment Income $57,440
Other Revenue $0
TOTAL REVENUE $86,902

Expense Breakdown

Grants Paid $101,362
Salaries & Benefits $0
Fundraising Expenses $800
Program Expenses $133,448
Other Expenses $49,489
TOTAL EXPENSES $150,851

Year-over-Year Comparison

2022 2021 Change
Revenue $86,902 $150,578 -0.4%
Expenses $150,851 $143,833 +0.0%
Net Income $-63,949 $6,745 -10.5%
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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Governance

Voting Members
7
Independent Members
6
Employees
N/A
Volunteers
200

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
1
$67,000
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRIS ROOFE COLLEGIATE REP 1.00
Director
$0 $0 $0
SALLY FORTENBERRY DIRECTOR 1.00
Director
$0 $0 $0
SUSAN MILLER NATIONAL PRESIDENT ELECT 1.00
Director
$0 $0 $0
CORINE CARR DIRECTOR 1.00
Director
$0 $0 $0
SONYA MEYERS DIRECTOR - CHAIR ELECT 1.00
Director
$0 $0 $0
KYLE ROBERSON NATIONAL PRESIDENT 1.00
Director
$0 $0 $0
ANN PAULINS EDUCATIONAL FOUNDATIONS CHAIR 1.00
Director
$0 $0 $0
MELISSA MARTIN EXECUTIVE DIRECTOR 20.00
Officer
$0 $0 $67,000
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 No data No data No data No data
2023 $86,902 $150,851 $3,048,687 $-63,949
2022 $150,578 $143,833 $3,110,849 $6,745
2021 $590,761 $137,068 $3,510,170 $453,693
2020 $154,880 $138,245 $3,056,477 $16,635
2019 $232,607 $112,111 $3,039,842 $120,496
2018 $153,000 $98,594 $2,919,346 $54,406
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