PURDUE SIGMA CHI FUTURE FUND INC (EIN 824466238) - 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

2018

Legal Domicile

Principal Officer

CHRIS HORNEY

Phone

2487217927

Tax Period

2023-01-01 to 2023-12-31

PURDUE SIGMA CHI FUTURE FUND INC, founded in 2018, is a small nonprofit in the Mutual Benefit sector that reported $175K in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $219K exceeded revenue, resulting in a 25% operating deficit.

Mission

SPONSOR AND PROVIDE FOR SOCIAL AND RECREATIONAL ACTIVITIES FOR ALUMNI AND MEMBERS OF THE SIGMA CHI CHAPTER HOUSE OF PURDUE. INVESTMENT OF EXCESS MONIES SOLELY AND EXCLUSIVELY FOR FUTURE USE BY THE CHAPTER HOUSE FOR CAPITAL AND EDUCATIONAL IMPROVEMENTS. INVESTMENT INCOME EARNED IS REINVESTED AND SET-ASIDE FOR FUTURE EDUCATIONAL IMPROVEMENTS OF THE HOUSE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $111,919

Program Service Revenue $0

Investment Income $61,343

Other Revenue $2,208

TOTAL REVENUE $175,470

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $207,721

Other Expenses $219,034

TOTAL EXPENSES $219,034

Year-over-Year Comparison

	2023	2022	Change
Revenue	$175,470	$132,062	+0.3%
Expenses	$219,034	$40,962	+4.3%
Net Income	$-43,564	$91,100	-1.5%

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

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BOB ANDREONE	BOARD MEMBER	1.00	Director	$0	$0	$0
SCOTT BRENTON	BOARD MEMBER	1.00	Director	$0	$0	$0
TOM CANFIELD	ADVISOR	1.00	Director	$0	$0	$0
HAROLD FORCE	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRIS HORNEY	PRESIDENT	2.00	Officer Director	$0	$0	$0
BERNARD SERGESKETTER	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID WOODRUFF	BOARD 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	No data	No data	No data	No data
2023	$175,470	$219,034	$1,529,707	$-43,564
2022	$132,062	$40,962	$1,383,676	$91,100
2021	$107,586	$47,813	$1,587,395	$59,773
2020	$26,096	$5,396	$1,229,556	$20,700
2019	$24,071	$4,749	$991,604	$19,322
2018	$19,094	$4,490	$688,334	$14,604

PURDUE SIGMA CHI FUTURE FUND INC