GEORGIA OF PHI KAPPA TAU INC (EIN 581924027) - Form 990 Financial Analysis & Trantor Score

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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

2008

Legal Domicile

Principal Officer

JONATHAN HAGER

Phone

7062017320

Tax Period

2024-01-01 to 2024-12-31

GEORGIA OF PHI KAPPA TAU INC, founded in 2008, is a small nonprofit that reported $196K in total revenue in fiscal year 2024. Revenue surged 53% from the prior year, signaling strong growth momentum. Net assets of $3.3M represent 203 months of operating reserves.

Mission

THE ORGANIZATIONS MISSION IS TO PROVIDE HOUSING TO COLLEGE STUDENTS WHO ARE MEMBERS OF A COLLEGE FRATERNITY AND TO MAKE DONATIONS AND GRANTS FOR EDUCATIONAL PURPOSES AND TO PROMOTE THE HEALTH, SAFETY, AND WELFARE OF FRATERNITY MEMBERS.

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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 $14,409

Program Service Revenue $169,183

Investment Income $11,682

Other Revenue $675

TOTAL REVENUE $195,949

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $200,165

Other Expenses $200,165

TOTAL EXPENSES $200,165

Year-over-Year Comparison

	2024	2023	Change
Revenue	$195,949	$127,853	+0.5%
Expenses	$200,165	$404,298	-0.5%
Net Income	$-4,216	$-276,445	-1.0%

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

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
KELLY EMBRY	BOARD MEMBER	1.00	Director	$0	$0	$0
JAY HICKEY	BOARD MEMBER	10.00	Director	$0	$0	$0
TIM DUFF	BOARD MEMBER	2.00	Director	$0	$0	$0
TIMOTHY S DUNCAN	BOARD MEMBER	2.00	Director	$0	$0	$0
CRAIG ROPER	BOARD MEMBER	1.00	Director	$0	$0	$0
BRUCE BECKWITH	BOARD MEMBER	1.00	Director	$0	$0	$0
OWEN MORRIS	CHAPTER PRESIDENT	6.00	Director	$0	$0	$0
THOMAS HOWSER	CHAPTER TREASURER	6.00	Director	$0	$0	$0
BRYAN HAWKINS	SECRETARY	1.00	Officer Director	$0	$0	$0
JONATHAN HAGER	TREASURER	9.00	Officer Director	$0	$0	$0
ALAN CLEVELAND	PRESIDENT	12.00	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	$195,949	$200,165	$3,725,683	$-4,216
2023	$127,843	$404,298	$3,329,266	$-276,455
2022	$3,083,253	$99,566	$3,747,330	$2,983,687
2021	$72,367	$130,855	$1,732,686	$-58,488
2020	$132,844	$126,213	$1,329,319	$6,631
2018	$145,265	$126,676	$1,382,868	$18,589

GEORGIA OF PHI KAPPA TAU INC