ZETA PSI FRATERNITYOMICRON CHAPTER

EIN: 470574829

LINCOLN, NE

Total Revenue
$217,275
Total Expenses
$217,415
Total Assets
$448,401
Net Assets
$422,963
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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
1958
Legal Domicile
NE
Principal Officer
SCOTT LEVANDER
Phone
4024209994
Tax Period
2023-07-01 to 2024-06-30

ZETA PSI FRATERNITYOMICRON CHAPTER, founded in 1958, is a small nonprofit that reported $217K in total revenue in fiscal year 2023.

Mission

HOUSING AND MEALS FOR MEMBERS

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $205,870
Investment Income $11,405
Other Revenue $0
TOTAL REVENUE $217,275

Expense Breakdown

Grants Paid $0
Salaries & Benefits $32,337
Fundraising Expenses $0
Program Expenses $217,415
Other Expenses $185,078
TOTAL EXPENSES $217,415

Year-over-Year Comparison

2023 2022 Change
Revenue $217,275 $208,602 +0.0%
Expenses $217,415 $236,418 -0.1%
Net Income $-140 $-27,816 -1.0%
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
5
Independent Members
5
Employees
1
Volunteers
10

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
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATT CRAIG TREASURER 1.00
Officer Director
$0 $0 $0
JACOB HARRIS SECRETARY 1.00
Officer Director
$0 $0 $0
SCOTT LEVANDER PRESIDENT 1.00
Officer Director
$0 $0 $0
MICHAEL MERICAL CHAPTER ADVI 1.00
Director
$0 $0 $0
NICK VINT CHAPTER ADVI 1.00
Director
$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
2024 $217,275 $217,415 $448,401 $-140
2023 $208,602 $236,418 $444,864 $-27,816
2022 $197,392 $212,226 $475,213 $-14,834
2021 $168,960 $173,636 $494,386 $-4,676
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