CHI OMEGA FRATERNITY ZETA ZETA CHAPTER

EIN: 636061835 Education

HOMEWOOD, AL

Total Revenue
$278,158
Total Expenses
$276,328
Total Assets
$92,549
Net Assets
$92,549
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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1940
Legal Domicile
AL
Principal Officer
ELIZABETH WILLCOX
Phone
2057656543
Tax Period
2023-07-01 to 2024-06-30

CHI OMEGA FRATERNITY ZETA ZETA CHAPTER, founded in 1940, is a small nonprofit in the Education sector that reported $260K in total revenue in fiscal year 2021. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $246K left a modest 5% surplus.

Mission

FRATERNITY CHAPTER WITH COMMUNITY AND CAMPUS ACTIVITIES FOR MEMBERS

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $277,687
Program Service Revenue $0
Investment Income $471
Other Revenue $0
TOTAL REVENUE $278,158

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $276,328
TOTAL EXPENSES $276,328

Year-over-Year Comparison

2023 2022 Change
Revenue $278,158 $272,104 +0.0%
Expenses $276,328 $288,894 0.0%
Net Income $1,830 $-16,790 -1.1%
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
3
Independent Members
3
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREA BENES PERSONNEL ADVISOR, AS NEEDED 1.00
Director
$0 $0 $0
AMY SIMPSON FINANCIAL ADVISOR, AS NEEDED 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 $278,158 $276,328 $92,549 $1,830
2023 $272,104 $288,894 $90,719 $-16,790
2022 $259,513 $245,948 $107,509 $13,565
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