IOTA OF ALPHA DELTA PI CORPORATION

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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

1966

Legal Domicile

Principal Officer

LINDA HILAMAN

Phone

8502198004

Tax Period

2022-07-01 to 2023-06-30

IOTA OF ALPHA DELTA PI CORPORATION, founded in 1966, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2022. Revenue decreased 11% compared to the prior year. Expenses of $1.1M left a modest 5% surplus.

Mission

PROVIDES HOUSING AND MEALS FOR UNIVERSITY STUDENTS AT FLORIDA STATE UNIVERSITY IN TALLAHASSEE, FLORIDA FOR MEMBERS OF THE ALPHA DELTA PI SORORITY.

Program Service Accomplishments

Program 1

THE ORGANIZATION PROVIDES AFFORDABLE HOUSING, DINING AND MEETING FACILITIES FOR ITS MEMBERS' USE WHILE FURTHERING THEIR EDUCATION AT FLORIDA STATE UNIVERSITY. HOUSING IS PROVIDED FOR UP TO 44...

THE ORGANIZATION PROVIDES AFFORDABLE HOUSING, DINING AND MEETING FACILITIES FOR ITS MEMBERS' USE WHILE FURTHERING THEIR EDUCATION AT FLORIDA STATE UNIVERSITY. HOUSING IS PROVIDED FOR UP TO 44 STUDENTS AND MEALS AND MEETING FACILITIES FOR APPROXIMATELY 280 STUDENTS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,157,802

Investment Income $24,184

Other Revenue $1,726

TOTAL REVENUE $1,183,712

Expense Breakdown

Grants Paid $3,690

Salaries & Benefits $192,865

Fundraising Expenses $0

Other Expenses $923,788

TOTAL EXPENSES $1,120,343

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,183,712	$1,336,127	-0.1%
Expenses	$1,120,343	$821,827	+0.4%
Net Income	$63,369	$514,300	-0.9%

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

$56,810

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GAIL HARRIS	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
LINDA HILAMAN	PRESIDENT/DI	1.00	Officer Director	$0	$0	$0
ELIZABETH BUSSEY	SECRETARY	1.00	Officer Director	$0	$0	$0
GINA RESAVAGE	TREASURER/DI	1.00	Officer Director	$0	$0	$0
CAY FORD	ALUMNI DIREC	1.00	Director	$0	$0	$0
LEAH MARINO	ALUMNAE DIRE	1.00	Director	$0	$0	$0
MACLAIN BENTON	ALUMNAE DIRE	1.00	Director	$0	$0	$0
KATHY SCHNEIDER	ALUMNAE DIRE	1.00	Director	$0	$0	$0
CAROLYN ASHBY	HOUSE MOTHER	40.00	Officer	$56,810	$0	$56,810
GRACE RAMOS	CHAPTER PRES	1.00	Director	$0	$0	$0
RACHEL GODFREY	CHAPTER TREA	1.00	Director	$0	$0	$0
LAUREN DUBOIS	CHAPTER HOUS	1.00	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,183,712	$1,120,343	$4,852,047	$63,369
2022	$1,336,127	$821,827	$4,806,178	$514,300
2021	$1,157,920	$935,405	$4,313,782	$222,515
2020	$1,108,415	$891,712	$4,091,767	$216,703
2019	$1,272,609	$889,117	$3,854,160	$383,492
2018	$1,202,031	$808,764	$3,467,168	$393,267