ALPHA PI CHI NATIONAL SORORITY INC

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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

1963

Legal Domicile

Principal Officer

Janice M Grange

Phone

2058704841

Tax Period

2023-07-01 to 2024-06-30

ALPHA PI CHI NATIONAL SORORITY INC, founded in 1963, is a small nonprofit in the Education sector that reported $261K in total revenue in fiscal year 2023. Revenue fell 41% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $153K, a strong 59% operating margin.

Mission

To promote volunteer community service and to provide scholarship funds to college students.

Program Service Accomplishments

Program 1

Expenses: $63,919 Revenue: $0

Regional National Board Meeting and Southeast Region Conference

Program 2

Expenses: $10,500 Revenue: $0

National Scholarship Recipients African American International Museum

Program 3

Expenses: $1,148 Revenue: $0

Committee Expenses

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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 $107,257

Program Service Revenue $0

Investment Income $145,077

Other Revenue $9,125

TOTAL REVENUE $261,459

Expense Breakdown

Grants Paid $10,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $75,567

Other Expenses $97,661

TOTAL EXPENSES $108,161

Year-over-Year Comparison

	2023	2022	Change
Revenue	$261,459	$440,290	-0.4%
Expenses	$108,161	$309,509	-0.7%
Net Income	$153,298	$130,781	+0.2%

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

N/A

Employees

N/A

Volunteers

524

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	Role	Reportable Comp	Other Comp	Total
Janice Granger	National President	Officer	$0	$0	$0
Jeanne Williams	First Vice President	Officer	$0	$0	$0
Barbara McKinney	Second Vice President	Officer	$0	$0	$0
Carolyn Gibson	Third Vice President	Officer	$0	$0	$0
Erica Pickens	Recording Secretary	Officer	$0	$0	$0
Rosalyn Morgan	Financial Secretary	Officer	$0	$0	$0
Evelyn Moss	Treasurer	Officer	$0	$0	$0
Carole Williams	Executive Officer	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	$261,459	$108,161	$1,211,087	$153,298
2023	$440,290	$309,509	$1,057,789	$130,781
2022	$-10,468	$62,639	$927,008	$-73,107
2021	$289,064	$33,934	$1,000,115	$255,130