RHO CHI SOCIETY

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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

2019

Legal Domicile

Principal Officer

KAREN B FARRIS

Phone

7346154898

Tax Period

2024-01-01 to 2024-12-31

RHO CHI SOCIETY, founded in 2019, is a small nonprofit that reported $250K in total revenue in fiscal year 2024. The organization ran a surplus of $45K, a strong 18% operating margin.

Mission

AS THE ACADEMIC HONOR SOCIETY IN PHARMACY, THE RHO CHI SOCIETY: ENCOURAGES AND RECOGNIZES INTELLECTUAL ACHIEVEMENT STIMULATES CRITICAL INQUIRY TO ADVANCE PHARMACY CONTRIBUTES TO THE DEVELOPMENT OF INTELLECTUAL LEADERS PROMOTES HIGHEST ETHICAL STANDARDS FOSTERS COLLABORATION

Program Service Accomplishments

Program 1

Expenses: $54,246 Revenue: $50,160

PROMOTION OF EXCELLENCE IN PHARMACY BY STIMULATING FURTHER STUDY IN THE FIELD THROUGH MONETARY AWARDS, SCHOLARSHIPS AND FELLOWSHIPS.

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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 $173,331

Program Service Revenue $50,160

Investment Income $17,410

Other Revenue $8,758

TOTAL REVENUE $249,659

Expense Breakdown

Grants Paid $0

Salaries & Benefits $126,271

Fundraising Expenses $0

Program Expenses $54,246

Other Expenses $78,317

TOTAL EXPENSES $204,588

Year-over-Year Comparison

	2024	2023	Change
Revenue	$249,659	$245,691	+0.0%
Expenses	$204,588	$213,892	0.0%
Net Income	$45,071	$31,799	+0.4%

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

N/A

Employees

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
JOHN P BENTLEY	TREASURER	1.00	Officer Director	$0	$0	$0
KAREN B FARRIS	EXEC VICE PR	2.00	Officer Director	$0	$0	$0
JELENA LEWIS	SECRETARY	1.00	Officer Director	$0	$0	$0
CYNTHIA M PHILLIPS	HISTORIAN	1.00	Officer Director	$0	$0	$0
ANDREW SMITH	PRESIDENT	1.00	Officer Director	$0	$0	$0
AMANDA STAHNKE	PRESIDENT EL	1.00	Officer Director	$0	$0	$0
LUCIO VOLINO	PAST PRESIDE	1.00	Officer 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	$249,659	$204,588	$981,447	$45,071
2023	$245,691	$213,892	$875,793	$31,799
2022	$295,014	$240,379	$767,511	$54,635
2021	$342,876	$213,084	$792,657	$129,792