CHI PHI FRATERNITY - ALPHA CHAPTER

EIN: 581518595

CHARLOTTESVILLE, VA

Total Revenue
$225,228
Total Expenses
$223,744
Total Assets
$8,379
Net Assets
$8,379
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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
1859
Legal Domicile
VA
Principal Officer
WILSON SIMMONS
Tax Period
2024-01-01 to 2024-12-31

CHI PHI FRATERNITY - ALPHA CHAPTER, founded in 1859, is a small nonprofit that reported $225K in total revenue in fiscal year 2024.

Mission

PROVIDE HOUSING AND SOCIAL EVENTS FOR MEMBERS OF THE ALPHA CHAPTER OF CHI PHI FRATERNITY.

Program Service Accomplishments

Program 1

TO PROVIDE HOUSING AND SOCIAL EVENTS FOR MEMBERS OF ALPHA CHAPTER OF CHI PHI FRATERNITY.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $225,228
Investment Income $0
Other Revenue $0
TOTAL REVENUE $225,228

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $223,744
TOTAL EXPENSES $223,744

Year-over-Year Comparison

2024 2023 Change
Revenue $225,228 $221,507 +0.0%
Expenses $223,744 $223,801 0.0%
Net Income $1,484 $-2,294 -1.6%
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
5

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
6
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AIDEN ALTAMURA VICE PRESIDE 1.00
Officer Director
$0 $0 $0
CHARLES BALDERSON RECRUITMENT 1.00
Officer Director
$0 $0 $0
ANDREW BURTNER TREASURER 1.00
Officer Director
$0 $0 $0
CARTER CAST SOCIAL CHAIR 1.00
Officer Director
$0 $0 $0
RILEY HOANG SECRETARY 1.00
Officer Director
$0 $0 $0
WILSON SIMMONS PRESIDENT 1.00
Officer 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
2024 $225,228 $223,744 $8,379 $1,484
2023 $221,507 $223,801 $6,895 $-2,294
2018 $204,934 $203,708 $15,281 $1,226
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