194 SPICER INC (EIN 562644123) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

David Budai

Phone

3306877898

Tax Period

2024-09-01 to 2025-08-31

194 SPICER INC, founded in 2007, is a small nonprofit in the Education sector that reported $163K in total revenue in fiscal year 2024. Revenue surged 107% from the prior year, signaling strong growth momentum. The organization ran a surplus of $41K, a strong 25% operating margin.

Mission

To promote and foster the fraternal principles and ideals of Phi Delta Theta Fraternity, to acquire and hold real and personal property for a chapter house for the Ohio Epsilon Chapter of Phi Delta Theta Fraternity and to engage in other non-profit activities which qualify under Section 501(c)(7).

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $161,711

Investment Income $1,296

Other Revenue $0

TOTAL REVENUE $163,007

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $122,299

TOTAL EXPENSES $122,299

Year-over-Year Comparison

	2024	2023	Change
Revenue	$163,007	$78,627	+1.1%
Expenses	$122,299	$114,994	+0.1%
Net Income	$40,708	$-36,367	-2.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
Scott Hertle	Trustee	2	Director	$0	$0	$0
Roberto Capotosto	Trustee	1	Director	$0	$0	$0
Roger Lyons	Trustee	1	Director	$0	$0	$0
John Stouffer	Trustee	1	Director	$0	$0	$0
David Budai	President	15	Officer	$0	$0	$0
James Warner	Vice President	6	Officer	$0	$0	$0
Larry Roth	Treasurer	10	Officer	$0	$0	$0
Zachary Bastin	Secretary	3	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	$163,007	$122,299	$1,300,218	$40,708
2024	$78,627	$114,994	$1,322,940	$-36,367
2023	$92,498	$189,519	$1,346,541	$-97,021
2022	$514,158	$313,100	$1,451,636	$201,058
2021	$192,899	$81,313	$1,052,909	$111,586
2020	$78,624	$88,183	$935,306	$-9,559

194 SPICER INC