CLVEN NATIONAL HOUSE 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

2016

Legal Domicile

Principal Officer

GORDON F HEMINGER

Phone

3178431911

Tax Period

2024-07-01 to 2025-06-30

CLVEN NATIONAL HOUSE CORPORATION, founded in 2016, is a mid-sized nonprofit in the Education sector that reported $11.7M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.

Mission

TO PROVIDE ASSISTANCE TO COLLEGIATE CHAPTERS AND TO CHAPTER HOUSE CORPORATIONS ASSOCIATED WITH ALPHA SIGMA PHI INTERNATIONAL FRATERNITY FOR HOUSING, LODGES AND FOR OTHER FACILITIES AND LOCATIONS UTILIZED BY OR FOR COLLEGIATE MEMBERS OF ALPHA SIGMA PHI INTERNATIONAL FRATERNITY IN CONNECTION WITH THEIR COLLEGIATE EDUCATIONAL ENDEAVORS.

Program Service Accomplishments

Program 1

MANAGEMENT OF HOUSING PROPERTIES WHICH ARE LEASED TO CHAPTERS AND MEMBERS OF ALPHA SIGMA PHI INTERNATIONAL FRATERNITY FOR THE USE AS ROOM AND BOARD, RECREATION, STUDY FACILITIES AND FRATERNAL...

MANAGEMENT OF HOUSING PROPERTIES WHICH ARE LEASED TO CHAPTERS AND MEMBERS OF ALPHA SIGMA PHI INTERNATIONAL FRATERNITY FOR THE USE AS ROOM AND BOARD, RECREATION, STUDY FACILITIES AND FRATERNAL BROTHERHOOD ACTIVITIES.

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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 $0

Program Service Revenue $11,709,263

Investment Income $811

Other Revenue $0

TOTAL REVENUE $11,710,074

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $12,013,549

TOTAL EXPENSES $12,013,549

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,710,074	$12,698,613	-0.1%
Expenses	$12,013,549	$11,445,806	+0.0%
Net Income	$-303,475	$1,252,807	-1.2%

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

$506,950

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EVAN GEISELHART	CHAIR	0.25	Officer Director	$0	$0	$0
BRIAN AUSTIN	CHAIR-ELECT	0.25	Officer Director	$0	$0	$0
THOMAS BROWN	TREASURER	0.25	Officer Director	$0	$0	$0
BRIAN JUMP	SECRETARY	0.25	Officer Director	$0	$0	$0
WARREN SMITH	BOARD DIRECTOR	0.25	Director	$0	$0	$0
THOMAS CAHOON	BOARD DIRECTOR	0.25	Director	$0	$0	$0
CONOR MORAN	BOARD DIRECTOR	0.25	Director	$0	$0	$0
DAVID HOWARD	BOARD DIRECTOR	0.25	Director	$0	$0	$0
STUART SPISAK	BOARD DIRECTOR	0.25	Director	$0	$0	$0
JAMES NIEWIARA	BOARD DIRECTOR	0.25	Director	$0	$0	$0
MATT HUMBERGER	COO/VICE PRESIDENT	1.00	Officer	$0	$13,000	$169,000
GORDON HEMINGER	CEO/PRESIDENT	1.00	Officer	$0	$42,950	$337,950

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	$11,710,074	$12,013,549	$8,434,068	$-303,475
2024	No data	No data	No data	No data
2023	$12,529,159	$11,488,567	$6,910,456	$1,040,592
2022	$9,682,912	$8,763,251	$5,372,559	$919,661
2021	$8,533,157	$8,134,589	$3,795,815	$398,568
2020	$6,162,954	$6,153,831	$3,168,536	$9,123
2019	$3,163,327	$3,331,028	$1,921,887	$-167,701
2018	$2,026,283	$1,950,829	$2,079,425	$75,454