MU CHAPTER INITIATIVE

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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

2010

Legal Domicile

Principal Officer

ANDREW WILLIAMS

Phone

2052941378

Tax Period

2023-07-01 to 2024-06-30

MU CHAPTER INITIATIVE, founded in 2010, is a micro nonprofit in the Education sector that reported $69K in total revenue in fiscal year 2023. Revenue fell 90% from the prior year — a significant decline worth monitoring. Expenses of $595K exceeded revenue, resulting in a 759% operating deficit.

Mission

PROVIDE MEALS AND HOUSING FOR THE MEMBERS OF UNDERGRADUATE CHAPTER OF A NATIONAL COLLEGIATE SOCIAL FRATERNITY.

Program Service Accomplishments

Program 1

HOUSE OPERATIONS- PROVIDED MEALS AND HOUSING FOR MEMBERS OF UNDERGRADUATE CHAPTER OF A NATIONAL COLLEGIATE SOCIAL 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 $15,490

Program Service Revenue $53,379

Investment Income $454

Other Revenue $0

TOTAL REVENUE $69,323

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $7,365

Other Expenses $587,821

TOTAL EXPENSES $595,186

Year-over-Year Comparison

	2023	2022	Change
Revenue	$69,323	$673,058	-0.9%
Expenses	$595,186	$804,842	-0.3%
Net Income	$-525,863	$-131,784	+3.0%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RODNEY ROSS	TREASURER	N/A	Officer	$0	$0	$0
ANDREW WALDROP	VICE PRESIDE	N/A	Officer	$0	$0	$0
ANDREW WILLIAMS	PRESIDENT	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	$69,323	$595,186	$5,162,234	$-525,863
2023	$673,058	$804,842	$5,432,575	$-131,784
2022	$716,339	$1,220,471	$5,880,773	$-504,132
2021	$660,580	$635,597	$4,167,647	$24,983
2020	$694,913	$692,125	$4,236,732	$2,788