GAMMA PHI BETA SORORITY OMICRON CHAPTER

EIN: 474015878

URBANA, IL

Total Revenue
$206,329
Total Expenses
$193,337
Total Assets
$32,490
Net Assets
$32,490
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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
1985
Legal Domicile
IL
Principal Officer
GRACE CONWAY
Phone
3037991874
Tax Period
2024-08-01 to 2025-07-31

GAMMA PHI BETA SORORITY OMICRON CHAPTER, founded in 1985, is a small nonprofit that reported $206K in total revenue in fiscal year 2024. Expenses of $193K left a modest 6% surplus.

Mission

COLLEGIATE SORORITY ACTIVITIES

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,983
Program Service Revenue $203,346
Investment Income $0
Other Revenue $0
TOTAL REVENUE $206,329

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $193,337
Other Expenses $193,337
TOTAL EXPENSES $193,337

Year-over-Year Comparison

2024 2023 Change
Revenue $206,329 $191,413 +0.1%
Expenses $193,337 $172,810 +0.1%
Net Income $12,992 $18,603 -0.3%
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
8
Independent Members
8
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
2
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AVA AMABILE EDUCATION VP N/A
Director
$0 $0 $0
GRACE CONWAY PRESIDENT N/A
Officer Director
$0 $0 $0
ANNA D'ANCA ADMINISTRATI N/A
Director
$0 $0 $0
CHELSEA GOLDMAN MEMBERSHIP V N/A
Director
$0 $0 $0
OLIVIA KIM FINANCIAL VP N/A
Officer Director
$0 $0 $0
SCARLETT KOULENTES PUBLIC RELAT N/A
Director
$0 $0 $0
EMILY MCCOLLUM CHAPTER ADVI N/A
Director
$0 $0 $0
MARISSA SICILIANO PANHELLENIC N/A
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 $206,329 $193,337 $32,490 $12,992
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