New Orleans Alumni Chapter of Phi Kappa Sigma

EIN: 464204906 Education

New Orleans, LA

Total Revenue
$82,730
Total Expenses
N/A
Total Assets
$342,558
Net Assets
$342,558
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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
1942
Legal Domicile
LA
Principal Officer
Elmore R Verlander
Phone
5045258639
Tax Period
2021-01-01 to 2021-12-31

New Orleans Alumni Chapter of Phi Kappa Sigma, founded in 1942, is a micro nonprofit in the Education sector that reported $83K in total revenue in fiscal year 2021. Revenue surged 131% from the prior year, signaling strong growth momentum.

Mission

The New Orleans Alumni Chapter of Phi Kappa Sigma is formed to establish and maintain educational, social, literary, benevolent and fraternal chapters in the State of Louisiana, or elsewhere, and to do any and all acts or deeds deemed necessary to lawfully carry out its purposes.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $82,730
Other Revenue $0
TOTAL REVENUE $82,730

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2021 2020 Change
Revenue $82,730 $35,876 +1.3%
Expenses N/A N/A N/A
Net Income N/A $35,876 N/A
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
1
Independent Members
1
Employees
N/A
Volunteers
1

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Elmore R Verlander Secretary/Treasurer 0.50
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
2021 $82,730 No data $342,558 No data
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