RHO CHI CHAPTER HOUSE ASSOCIATION INC

EIN: 900401133

RICHMOND, VA

Total Revenue
$19,737
Total Expenses
$25,621
Total Assets
$130,456
Net Assets
$130,456
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1903
Legal Domicile
VA
Principal Officer
BOB MCIVER
Phone
8043605703
Tax Period
2018-01-01 to 2018-12-31

RHO CHI CHAPTER HOUSE ASSOCIATION INC, founded in 1903, is a micro nonprofit that reported $20K in total revenue in fiscal year 2018. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $26K exceeded revenue, resulting in a 30% operating deficit.

Mission

TO CREATE AND FOSTER LITERARY, SOCIAL AND FRATERNITY INTERCOURSE AMONG STUDENTS OF RICHMOND COLLEGE WHO ARE MEMBERS OF THE FRATERNITY OF PHI GAMMA DELTA.

Program Service Accomplishments

Program 1

DURING THE YEAR, THE CORPORATION'S EXPENSES WERE INCURRED TO MAINTAIN A FRATERNITY HOUSE AT RICHMOND COLLEGE FOR THE USE AND COMFORT OF THE MEMBERS OF THE RHO CHI CHAPTER OF THE PHI GAMMA DELTA, AND...

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DURING THE YEAR, THE CORPORATION'S EXPENSES WERE INCURRED TO MAINTAIN A FRATERNITY HOUSE AT RICHMOND COLLEGE FOR THE USE AND COMFORT OF THE MEMBERS OF THE RHO CHI CHAPTER OF THE PHI GAMMA DELTA, AND AS A READING ROOM AND STUDY HALL, TO CREATE AND FOSTER LITERARY, SOCIAL, AND FRATERNITY INTERCOURSE AMONG STUDENTS OF RICHMOND COLLEGE WHO ARE MEMBERS OF THE FRATERNITY OF PHI GAMMA DELTA; TO PUBLISH MATTERS OF INTEREST RELATING TO THE FRATERNITY OF PHI GAMMA DELTA AND RICHMOND COLLEGE.

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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 (2018)

Revenue Breakdown

Contributions & Grants $12,230
Program Service Revenue $0
Investment Income $7,507
Other Revenue $0
TOTAL REVENUE $19,737

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $25,621
TOTAL EXPENSES $25,621

Year-over-Year Comparison

2018 2017 Change
Revenue $19,737 $16,457 +0.2%
Expenses $25,621 $17,480 +0.5%
Net Income $-5,884 $-1,023 +4.8%
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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Governance

Voting Members
12
Independent Members
12
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
3
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEE WALLACE PRESIDENT 1.00
Officer Director
$0 $0 $0
BOB MCIVER TREASURER 1.00
Officer Director
$0 $0 $0
TIM HILL SECRETARY 1.00
Officer Director
$0 $0 $0
CHARLIE ALTIZER DIRECTOR 0.00
Director
$0 $0 $0
DENNIS KAZMEROWSKI DIRECTOR 0.00
Director
$0 $0 $0
TOM LEFFEW DIRECTOR 0.00
Director
$0 $0 $0
CHRIS LUCAS DIRECTOR 0.00
Director
$0 $0 $0
CAMPBELL PENDELTON DIRECTOR 0.00
Director
$0 $0 $0
JON SILVERMAN DIRECTOR 0.00
Director
$0 $0 $0
RICK STEENROD DIRECTOR 0.00
Director
$0 $0 $0
JIM SUTTON DIRECTOR 0.00
Director
$0 $0 $0
ERIC WEYER DIRECTOR 0.00
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
2018 $19,737 $25,621 $130,456 $-5,884
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