MU CHAPTER INITIATIVE

EIN: 462492817 Education

TUSCALOOSA, AL

Total Revenue
$69,323
Total Expenses
$595,186
Total Assets
$5,162,234
Net Assets
$-1,078,611
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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
AL
Principal Officer
ANDREW WILLIAMS
Phone
2052941378
Tax Period
2023-07-01 to 2024-06-30

MU CHAPTER INITIATIVE, founded in 2010, is a small nonprofit in the Education sector that reported $695K in total revenue in fiscal year 2019. Revenue surged 692% from the prior year, signaling strong growth momentum.

Mission

PROVIDE HOUSING, MEALS & SUPPORT FOR AN UNDERGRADUATE CHAPTER OF A NATIONAL COLLEGIATE FRATERNITY.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
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
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