FLORIDA ALPHA ALUMNI CORPORATION OF SIGMA PHI EPSILON INC (EIN 596141908) - 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

1983

Legal Domicile

Principal Officer

MANNY VARGAS

Phone

3523753676

Tax Period

2022-07-01 to 2023-06-30

FLORIDA ALPHA ALUMNI CORPORATION OF SIGMA PHI EPSILON INC, founded in 1983, is a small nonprofit that reported $489K in total revenue in fiscal year 2022. Revenue decreased 5% compared to the prior year. Net assets of $2.1M represent 52 months of operating reserves.

Mission

PROVIDE HOUSING AND SUPPORT FOR COLLEGIATE SOCIAL 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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $23,204

Program Service Revenue $465,875

Investment Income $26

Other Revenue $0

TOTAL REVENUE $489,105

Expense Breakdown

Grants Paid $0

Salaries & Benefits $34,712

Fundraising Expenses $13,030

Other Expenses $485,597

TOTAL EXPENSES $533,339

Year-over-Year Comparison

	2022	2021	Change
Revenue	$489,105	$516,263	-0.1%
Expenses	$533,339	$529,568	+0.0%
Net Income	$-44,234	$-13,305	+2.3%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATT AUSMAN	DIRECTOR	0.25	Director	$0	$0	$0
TODD BONLARRON	DIRECTOR	0.25	Director	$0	$0	$0
KEN LEYNSE	DIRECTOR	0.25	Director	$0	$0	$0
AUSTIN MCCRAW	DIRECTOR	0.25	Director	$0	$0	$0
BRETT OGILVIE	DIRECTOR	0.25	Director	$0	$0	$0
STEVE SHEWBROOKS	DIRECTOR	0.25	Director	$0	$0	$0
GARY SPECIE	DIRECTOR	0.25	Director	$0	$0	$0
LEE CATLEDGE	TREASURER	3.00	Officer	$0	$0	$0
LUIS FERNANDEZ	VP OF ALUMNI	3.00	Officer	$0	$0	$0
BRYSON RIDGWAY	SECRETARY	1.00	Officer	$0	$0	$0
JOHN SANDSTROM	VICE-PRESIDE	3.00	Officer	$0	$0	$0
MANNY VARGAS	PRESIDENT	3.00	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
2023	$489,105	$533,339	$3,556,703	$-44,234
2022	$516,263	$529,568	$3,795,919	$-13,305
2021	$420,936	$506,886	$3,799,974	$-85,950
2020	$510,988	$508,366	$3,899,271	$2,622
2019	$445,368	$555,162	$3,990,128	$-109,794

FLORIDA ALPHA ALUMNI CORPORATION OF SIGMA PHI EPSILON INC