NEBRASKA ALPHA GAMMA SIGMA ALUMNI ASSOCIATION (EIN 470589951) - Form 990 Financial Analysis & Trantor Score

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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

1953

Legal Domicile

Principal Officer

JOEL CLEMENTS

Phone

4026130217

Tax Period

2024-08-01 to 2025-07-31

NEBRASKA ALPHA GAMMA SIGMA ALUMNI ASSOCIATION, founded in 1953, is a small nonprofit that reported $528K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $585K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PROVIDE EDUCATIONAL/FRATERNAL HOUSING FOR COLLEGE STUDENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $42,575

Program Service Revenue $468,000

Investment Income $17,802

Other Revenue $0

TOTAL REVENUE $528,377

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $584,959

TOTAL EXPENSES $584,959

Year-over-Year Comparison

	2024	2023	Change
Revenue	$528,377	$586,167	-0.1%
Expenses	$584,959	$559,663	+0.0%
Net Income	$-56,582	$26,504	-3.1%

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
SHANE BELOHRAD	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOEL CLEMENTS	TREASURER	1.00	Officer Director	$0	$0	$0
MARK FRANK	VICE PRESIDNET	1.00	Officer Director	$0	$0	$0
DEAN ACHESON	SCHOLARSHIP	1.00	Director	$0	$0	$0
DARIN ARMSTRONG	FACILITIES MANAGER	1.00	Director	$0	$0	$0
MIKE BARRETT	RISK MANAGEMENT	1.00	Director	$0	$0	$0
MATT MORTON	FRATERNITY ADVISOR	1.00	Director	$0	$0	$0
BRETT STORER	FRATERNITY ADVISOR	1.00	Director	$0	$0	$0
MONTY LARSEN	FRATERNITY ADVISOR	1.00	Director	$0	$0	$0
BILL SMITH	FRATERNITY ADVISOR	1.00	Director	$0	$0	$0
MICHAEL ZALMAN	FRATERNITY ADVISOR	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
2025	$528,377	$584,959	$5,525,978	$-56,582
2024	$586,167	$559,663	$5,700,135	$26,504
2022	$799,357	$577,241	$5,863,688	$222,116
2021	$1,454,346	$805,456	$4,808,757	$648,890

NEBRASKA ALPHA GAMMA SIGMA ALUMNI ASSOCIATION