ARKANSAS CHAPTER OF PHI MU FRATERNITY HOUSE CORP

EIN: 820719123

Tulsa, OK

Total Revenue
$1,939,898
Total Expenses
$1,598,309
Total Assets
$11,702,813
Net Assets
$2,364,866
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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
2017
Legal Domicile
AR
Principal Officer
VIRGINIA RAINWATER COX
Phone
9186717343
Tax Period
2024-07-01 to 2025-06-30

ARKANSAS CHAPTER OF PHI MU FRATERNITY HOUSE CORP, founded in 2017, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. The organization ran a surplus of $342K, a strong 18% operating margin.

Mission

TO PROVIDE AFFORDABLE HOUSING, MEALS AND LEADERSHIP OPPORTUNITIES TO THE PHI MU FRATERNITY MEMBERS AT THE UNIVERSITY OF ARKANSAS

Program Service Accomplishments

Program 1
Expenses: $1,598,309 Revenue: $1,939,898

TO PROVIDE AFFORDABLE HOUSING TO THE PHI MU FRATERNITY MEMBERS AT THE UNIVERSITY OF ARKANSAS

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,913,018
Investment Income $24,977
Other Revenue $1,903
TOTAL REVENUE $1,939,898

Expense Breakdown

Grants Paid $0
Salaries & Benefits $57,453
Fundraising Expenses $0
Program Expenses $1,598,309
Other Expenses $1,540,856
TOTAL EXPENSES $1,598,309

Year-over-Year Comparison

2024 2023 Change
Revenue $1,939,898 $2,302,722 -0.2%
Expenses $1,598,309 $1,558,934 +0.0%
Net Income $341,589 $743,788 -0.5%
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

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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
8
Independent Members
8
Employees
1
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
3
$0
Total Directors
9
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAVEN RILEY WASHABAUGH DIRECTOR 0.00
Director
$0 $0 $0
TAMMY JO GIBSON NOLAN DIRECTOR 0.00
Director
$0 $0 $0
ROBIN MCHANEY SHADDOX DIRECTOR 0.00
Director
$0 $0 $0
VIRGINIA RAINWATER COX PRESIDENT 0.00
Officer Director
$0 $0 $0
CATHY ROGERS GATES TREASURER 0.00
Officer Director
$0 $0 $0
CAROLYN WREN NALLEY SECRETARY 0.00
Officer Director
$0 $0 $0
JO HANNA WESTERFIELD WORDEN DIRECTOR 0.00
Director
$0 $0 $0
JACQUELINE JONES TIARKS DIRECTOR 0.00
Director
$0 $0 $0
APRIL RYE SHY DIRECTOR 0.00
Director
$0 $0 $0
DONNA STALLARD KEY EMPLOYEE 0.00
Key Emp
$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 $1,939,898 $1,598,309 $11,702,813 $341,589
2024 $2,302,722 $1,558,934 $11,692,357 $743,788
2023 $1,540,050 $1,547,395 $11,567,179 $-7,345
2023 $1,540,050 $1,547,395 $11,567,179 $-7,345
2022 $1,733,688 $1,490,903 $11,817,614 $242,785
2021 $1,387,844 $1,451,121 $12,092,358 $-63,277
2020 $1,218,613 $1,435,831 $12,509,392 $-217,218
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