ALPHA PI CHAPTER OF THETA CHI

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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

2012

Legal Domicile

Principal Officer

CHARLIE OLSON

Phone

6126245015

Tax Period

2023-07-01 to 2024-06-30

ALPHA PI CHAPTER OF THETA CHI, founded in 2012, is a small nonprofit in the Mutual Benefit sector that reported $310K in total revenue in fiscal year 2023.

Mission

PROVIDES COLLEGIATE FRATERNITY HOUSING, ACTIVITIES, AND ENVIRONMENT.

Program Service Accomplishments

Program 1

MEMBERSHIP CONSISTED OF 64 MALE UNDERGRADUATE STUDENTS ATTENDING THE UNIVERSITY OF MINNESOTA. HOUSING IS MADE AVAILABLE FOR UP TO 25 OF THESE MEMBERS DURING BOTH THE SCHOOL YEAR AND SUMMER MONTHS...

MEMBERSHIP CONSISTED OF 64 MALE UNDERGRADUATE STUDENTS ATTENDING THE UNIVERSITY OF MINNESOTA. HOUSING IS MADE AVAILABLE FOR UP TO 25 OF THESE MEMBERS DURING BOTH THE SCHOOL YEAR AND SUMMER MONTHS. MEMBERS SIGN A FULL YEAR LEASE.

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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 $101,985

Program Service Revenue $207,097

Investment Income $69

Other Revenue $420

TOTAL REVENUE $309,571

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $337,725

TOTAL EXPENSES $337,725

Year-over-Year Comparison

	2023	2022	Change
Revenue	$309,571	$310,565	0.0%
Expenses	$337,725	$310,256	+0.1%
Net Income	$-28,154	$309	-92.1%

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

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
CHARLIE OLSON	PRESIDENT	5.00	Officer	$0	$0	$0
WILL THOMPSON	VICE-PRESIDENT	3.00	Officer	$0	$0	$0
GANNON JONES	VP OF HEALTH & SAFETY	1.00	Officer	$0	$0	$0
CHARLIE SPECHT	TREASURER	5.00	Officer	$0	$0	$0
JONAH BRYANT-NIKKO	MARSHALL	3.00	Officer	$0	$0	$0
JOEL TANDE	VP OF RECRUITMENT	3.00	Officer	$0	$0	$0
LUCAS KIRCHNER	SECRETARY	1.00	Officer	$0	$0	$0
MATTHEW HOLEIN	BROTHER AT LARGE	1.00	Officer	$0	$0	$0
ZACH VOAKES	HOUSING MANAGER	4.00	Officer	$0	$0	$0
NICK BLACK	SCHOLARSHIP CHAIRMAN	2.00	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	$309,571	$337,725	$75,708	$-28,154
2023	$310,565	$310,256	$104,712	$309
2022	$292,672	$289,570	$86,299	$3,102
2021	$257,843	$259,986	$96,115	$-2,143
2020	$316,059	$301,596	$100,815	$14,463