ALPHA IOTA ALUMNI ASSOCIATION OF THETA XI INC (EIN 480783537) - 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

1938

Legal Domicile

Principal Officer

NEAL ADAMS

Phone

7855610629

Tax Period

2023-07-01 to 2024-06-30

ALPHA IOTA ALUMNI ASSOCIATION OF THETA XI INC, founded in 1938, is a small nonprofit in the Community Improvement sector that reported $277K in total revenue in fiscal year 2023. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $247K left a modest 11% surplus.

Mission

PROVIDE HOUSING FOR MEMBERS AND AFFILIATES OF ACTIVE CHAPTER OF COLLEGE FRATERNITY IN ORDER TO PROMOTE LASTING FRIENDSHIPS AMONG THE MEMBERS AND ENCOURAGE INTELLECTUAL ACHIEVEMENT.

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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 $19,682

Program Service Revenue $0

Investment Income $90,050

Other Revenue $167,700

TOTAL REVENUE $277,432

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $247,451

TOTAL EXPENSES $247,451

Year-over-Year Comparison

	2023	2022	Change
Revenue	$277,432	$386,539	-0.3%
Expenses	$247,451	$242,514	+0.0%
Net Income	$29,981	$144,025	-0.8%

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
JACOB MUELLER	PRESIDENT	3.00	Officer Director	$0	$0	$0
PHIL RYAN	VP - CHAPTER	1.00	Officer Director	$0	$0	$0
JERRAD BOYLE	VP - CONSTRU	1.00	Officer Director	$0	$0	$0
NEAL ADAMS	TREASURER	6.00	Officer Director	$0	$0	$0
GORDON HARTON	SECRETARY	1.00	Officer Director	$0	$0	$0
CHRIS LEONARD	SCHOLARSHIP	1.00	Director	$0	$0	$0
MARK BUYLE	VP - FUNDRAI	2.00	Officer Director	$0	$0	$0
CHRIS VERING	DIRECTOR	1.00	Director	$0	$0	$0
STANTON WEBER	DIRECTOR	1.00	Director	$0	$0	$0
AUSTIN DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
DREW ADAMS	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
JEFF GILL	DIRECTOR	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	No data	No data	No data	No data
2024	$277,432	$247,451	$2,376,432	$29,981
2023	$386,539	$242,514	$2,476,028	$144,025
2022	$175,386	$226,867	$2,507,789	$-51,481
2021	$321,840	$243,225	$2,602,207	$78,615
2020	$548,837	$251,252	$2,863,324	$297,585
2019	$558,542	$251,004	$2,637,806	$307,538
2018	$160,908	$92,244	$1,890,320	$68,664

ALPHA IOTA ALUMNI ASSOCIATION OF THETA XI INC