HOUSE CORPORATION OF THE BETA OMICRON CHAPTER OF ALPHA SIGMA PHI

EIN: 451599359 Recreation & Sports

Noblesville, IN

Total Revenue
$192,145
Total Expenses
$69,993
Total Assets
$1,076,543
Net Assets
$998,852
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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
2011
Legal Domicile
IN
Principal Officer
Paul Ruegamer
Phone
5172624118
Tax Period
2025-01-01 to 2025-12-31

HOUSE CORPORATION OF THE BETA OMICRON CHAPTER OF ALPHA SIGMA PHI, founded in 2011, is a small nonprofit in the Recreation & Sports sector that reported $192K in total revenue in fiscal year 2025. Revenue surged 83% from the prior year, signaling strong growth momentum. The organization ran a surplus of $122K, a strong 64% operating margin.

Mission

Financing & maintaining a fraternity house for undergraduate college students and operating as the landlord.

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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 (2025)

Revenue Breakdown

Contributions & Grants $111,619
Program Service Revenue $80,526
Investment Income $0
Other Revenue $0
TOTAL REVENUE $192,145

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $842
Other Expenses $69,993
TOTAL EXPENSES $69,993

Year-over-Year Comparison

2025 2024 Change
Revenue $192,145 $104,805 +0.8%
Expenses $69,993 $76,987 -0.1%
Net Income $122,152 $27,818 +3.4%
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

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
9

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
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Paul Ruegamer CEO 1.25
Officer Director
$0 $0 $0
Jim Bour Secretary 0.5
Officer Director
$0 $0 $0
Terry Carter Trustee 0.25
Director
$0 $0 $0
Steve Cady Trustee 0.25
Director
$0 $0 $0
Joe Nichols Trustee 0.25
Director
$0 $0 $0
Mel Budreau Trustee 0.5
Director
$0 $0 $0
John Goudy Trustee 0.25
Director
$0 $0 $0
Joe Gajdostik Trustee 0.5
Director
$0 $0 $0
Lenny Duff Treasurer 1.25
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 $192,145 $69,993 $1,076,543 $122,152
2024 $104,805 $76,987 $1,086,759 $27,818
2023 $80,648 $76,706 $1,110,345 $3,942
2022 $88,255 $64,939 $1,123,321 $23,316
2021 $117,680 $72,458 $1,116,267 $45,222
2020 $137,189 $64,763 $1,207,721 $72,426
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