ALPHA KAPPA CHAPTER OF CHI OMEGA H… - Form 990 Financial Data

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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

1984

Legal Domicile

Principal Officer

STACY BUSBY

Phone

9102340831

Tax Period

2024-06-01 to 2025-05-31

ALPHA KAPPA CHAPTER OF CHI OMEGA HOUSE CORPORATION, founded in 1984, is a small nonprofit that reported $794K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $690K left a modest 13% surplus.

Mission

MAINTAINS AND OPERATES A BOARDING HOUSE FOR THE OPERATIONS OF THE ALPHA KAPPA/CHI OMEGA SORORITY.

Program Service Accomplishments

Program 1

Expenses: $566,358 Revenue: $791,609

MAINTAIN AN AFFORDABLE HOUSE FOR THE OPERATIONS OF THE SORORITY AND PROVIDE A PLACE FOR PERSONAL GROWTH WHERE ITS MEMBERS WILL DEVELOP LASTING FRIENDSHIPS AND BUILD THE FOUNDATION FOR SUCCESSFUL...

MAINTAIN AN AFFORDABLE HOUSE FOR THE OPERATIONS OF THE SORORITY AND PROVIDE A PLACE FOR PERSONAL GROWTH WHERE ITS MEMBERS WILL DEVELOP LASTING FRIENDSHIPS AND BUILD THE FOUNDATION FOR SUCCESSFUL LEADERSHIP SKILLS THAT CAN BE USED DURING COLLEGIATE YEARS AND BEYOND.

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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 $0

Program Service Revenue $791,609

Investment Income $2,467

Other Revenue $0

TOTAL REVENUE $794,076

Expense Breakdown

Grants Paid $0

Salaries & Benefits $192,724

Fundraising Expenses $0

Program Expenses $566,358

Other Expenses $497,444

TOTAL EXPENSES $690,168

Year-over-Year Comparison

	2024	2023	Change
Revenue	$794,076	$632,995	+0.3%
Expenses	$690,168	$546,934	+0.3%
Net Income	$103,908	$86,061	+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

Employees

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
KASEY STONE	PRESIDENT	2.00	Officer Director	$0	$0	$0
RACHEL WARD DOMINICO	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
ELIZABETH RAINEY	TREASURER	2.00	Officer Director	$0	$0	$0
ASHLEY WISSEL	SECRETARY	2.00	Officer Director	$0	$0	$0
JESSICA MEDLOCK ARNOLD	BOARD MEMBER	2.00	Director	$0	$0	$0
MADELINE STADLER	BOARD MEMBER	2.00	Director	$0	$0	$0
MELISSA DALEY GOLENBIEWSKI	BOARD MEMBER	2.00	Director	$0	$0	$0
BETHANY SPRINKLE WATKINS	BOARD MEMBER	2.00	Director	$0	$0	$0
JULEE LEOPARD COLNER	BOARD MEMBER	2.00	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	$794,076	$690,168	$1,718,618	$103,908
2024	$632,995	$546,934	$1,641,883	$86,061
2023	$640,116	$565,286	$1,589,208	$74,830
2022	$549,201	$547,222	$1,550,433	$1,979
2021	$312,440	$406,795	$1,575,356	$-94,355
2020	$420,228	$372,543	$1,709,172	$47,685
2019	$565,734	$468,162	$1,701,017	$97,572

ALPHA KAPPA CHAPTER OF CHI OMEGA HOUSE CORPORATION