ALPHA OMICRON PI FOUNDATION

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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

1978

Legal Domicile

Principal Officer

ASHLEY BYRD

Phone

6153700920

Tax Period

2023-07-01 to 2024-06-30

ALPHA OMICRON PI FOUNDATION, founded in 1978, is a community nonprofit in the Medical Research sector that reported $3.0M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $973K, a strong 32% operating margin.

Mission

THE ALPHA OMICRON PI FOUNDATION INVESTS IN OUR SISTERS AND INSPIRES A LIFETIME OF GIVING TO INNOVATIVE LEADERSHIP, EDUCATIONAL AND PHILANTHROPIC CAUSES.

Program Service Accomplishments

Program 1

Expenses: $649,055

ARTHRITIS RESEARCH AND EDUCATION: GRANTS ARE AWARDED FOR PURE OR APPLIED RESEARCH IN A FIELD RELATED TO ARTHRITIS AND/OR RHEUMATOID DISEASES. THIS ALSO INCLUDES SPONSORSHIP OF THE ARTHRITIS...

ARTHRITIS RESEARCH AND EDUCATION: GRANTS ARE AWARDED FOR PURE OR APPLIED RESEARCH IN A FIELD RELATED TO ARTHRITIS AND/OR RHEUMATOID DISEASES. THIS ALSO INCLUDES SPONSORSHIP OF THE ARTHRITIS FOUNDATION.

Program 2

Expenses: $224,875

SCHOLARSHIPS: SCHOLARSHIPS ARE AWARDED TO MEMBERS OF AOII FOR UNDERGRADUATE OR GRADUATE LEVEL TUITION AND BOOKS.

Program 3

Expenses: $307,968

FRATERNITY EDUCATIONAL GRANTS: EDUCATIONAL GRANTS ARE AWARDED TO AOII FRATERNITY TO HELP FUND CONVENTION SPEAKER FEES AND THE LEADERSHIP ACADEMIES FOR COLLEGIATE OFFICERS, AWARD SCHOLARSHIPS FOR...

FRATERNITY EDUCATIONAL GRANTS: EDUCATIONAL GRANTS ARE AWARDED TO AOII FRATERNITY TO HELP FUND CONVENTION SPEAKER FEES AND THE LEADERSHIP ACADEMIES FOR COLLEGIATE OFFICERS, AWARD SCHOLARSHIPS FOR COLLEGIATE CHAPTER LEADERS, AND ACQUIRE DIGITAL EQUIPMENT FOR EDUCATION.

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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 $2,651,402

Program Service Revenue $0

Investment Income $365,518

Other Revenue $31,424

TOTAL REVENUE $3,048,344

Expense Breakdown

Grants Paid $1,223,398

Salaries & Benefits $413,246

Fundraising Expenses $535,354

Program Expenses $1,321,513

Other Expenses $387,467

TOTAL EXPENSES $2,075,111

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,048,344	$2,500,147	+0.2%
Expenses	$2,075,111	$3,007,686	-0.3%
Net Income	$973,233	$-507,539	-2.9%

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

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

$179,001

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHLEEN CONVER	PRESIDENT	5.00	Officer Director	$0	$0	$0
NANCY HOHMANN	SECRETARY	3.00	Officer Director	$0	$0	$0
YVETTE CONNOR	TREASURER	3.00	Officer Director	$0	$0	$0
SUSAN BONIFIELD	FRATERNITY INTERNATIONAL P	2.00	Officer Director	$0	$0	$0
NORA BEHAN	DIRECTOR	2.00	Director	$0	$0	$0
NICOLE CRONENWETT	DIRECTOR	2.00	Director	$0	$0	$0
BARBARA DANNENBERG	DIRECTOR	2.00	Director	$0	$0	$0
MICHELLE LOPEZ	DIRECTOR	2.00	Director	$0	$0	$0
ASHLEY BYRD	EXECUTIVE DIRECTOR	40.00	Officer	$164,157	$14,844	$179,001

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	$3,048,344	$2,075,111	$13,901,105	$973,233
2023	$2,500,147	$3,007,686	$12,663,765	$-507,539
2022	$2,850,904	$1,758,702	$11,581,275	$1,092,202
2021	$2,374,665	$1,512,727	$10,984,068	$861,938
2020	$2,486,926	$1,679,685	$8,687,679	$807,241
2019	$1,906,777	$1,882,186	$8,439,428	$24,591