LOUISIANA ALPHA CHAPTER OF PHI KAPPA PSI FRATERNITY INC (EIN 721298700) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1966

Legal Domicile

Principal Officer

WILLIAM L ROGERS

Phone

6012615995

Tax Period

2024-01-01 to 2024-12-31

LOUISIANA ALPHA CHAPTER OF PHI KAPPA PSI FRATERNITY INC, founded in 1966, is a small nonprofit in the Education sector that reported $462K in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $413K left a modest 10% surplus.

Mission

THE GENERAL NATURE AND PURPOSE OF THIS CORPORATION IS FOR EDUCATIONAL PURPOSES; TO AID AND PROMOTE HOUSING: THE OPERATION AND MAINTENANCE OF THE CHAPTER HOME FOR STUDENTS' BENEFIT. MEALS: THE OPERATION AND MAINTENANCE OF THE KITCHEN AND MEAL PLAN FOR THE STUDENTS' BENEFIT

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $445,844

Investment Income $15,756

Other Revenue $0

TOTAL REVENUE $461,600

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $413,145

Other Expenses $413,145

TOTAL EXPENSES $413,145

Year-over-Year Comparison

	2024	2023	Change
Revenue	$461,600	$340,413	+0.4%
Expenses	$413,145	$357,609	+0.2%
Net Income	$48,455	$-17,196	-3.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
WILLIAM L ROGERS	Treasurer	2.00	Officer Director	$0	$0	$0
ANTHONY LASCARO	Vice President	1.00	Officer Director	$0	$0	$0
TYLER BOURGEOIS	MEMBER	1.00	Director	$0	$0	$0
DOUGLAS SCHMIDT	President	2.00	Officer Director	$0	$0	$0
BLAINE LOUPE	MEMBER	1.00	Director	$0	$0	$0
WILLIAM CRUIKSHANK	Secretary	1.00	Officer Director	$0	$0	$0
BRIAN MADASCI	MEMBER	1.00	Director	$0	$0	$0
CHANCE MCKNEELY	MEMBER	1.00	Director	$0	$0	$0
HAROLD LYONS	MEMBER	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
2024	$461,600	$413,145	$2,070,436	$48,455
2023	$340,413	$357,608	$511,442	$-17,195
2022	$212,864	$294,622	$541,187	$-81,758
2021	$193,911	$199,609	$613,816	$-5,698
2020	$553,230	$495,077	$619,513	$58,153
2019	$615,617	$618,570	$561,360	$-2,953
2018	$841,964	$851,924	$566,348	$-9,960

LOUISIANA ALPHA CHAPTER OF PHI KAPPA PSI FRATERNITY INC