NORTHEAST GREEK LEADERSHIP ASSOCIATION

EIN: 912021351 501(c)(3) Education

PHILADELPHIA, PA

Total Revenue
$258,306
Total Expenses
$311,884
Total Assets
$294,114
Net Assets
$294,114
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
DE
Principal Officer
THOMAS MURPHY
Phone
6096434204
Tax Period
2023-08-01 to 2024-07-31

NORTHEAST GREEK LEADERSHIP ASSOCIATION, founded in 1984, is a small nonprofit in the Education sector that reported $258K in total revenue in fiscal year 2023. Expenses of $312K exceeded revenue, resulting in a 21% operating deficit.

Mission

NGLA EDUCATES LEADERS FROM A VARIETY OF FRATERNAL EXPERIENCES TO TRANSFORM AND EMPOWER THEIR COMMUNITY AND ALIGN ACTIONS WITH VALUES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $47,391
Program Service Revenue $192,543
Investment Income $17,139
Other Revenue $1,233
TOTAL REVENUE $258,306

Expense Breakdown

Grants Paid $0
Salaries & Benefits $49,781
Fundraising Expenses $0
Program Expenses $189,732
Other Expenses $262,103
TOTAL EXPENSES $311,884

Year-over-Year Comparison

2023 2022 Change
Revenue $258,306 $242,703 +0.1%
Expenses $311,884 $216,020 +0.4%
Net Income $-53,578 $26,683 -3.0%
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

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Governance

Voting Members
13
Independent Members
13
Employees
1
Volunteers
50

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
6
$49,781
Total Directors
13
$49,781
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS MURPHY EXECUTIVE DI 40.00
Officer Director
$49,781 $0 $49,781
NICOLE CRONENWETT ASSISTANT CH 1.00
Officer Director
$0 $0 $0
MICHAEL DAVIS BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN DISARRO TREASURER 1.00
Officer Director
$0 $0 $0
CANDY RIVERA EVANS BOARD MEMBER 1.00
Director
$0 $0 $0
KATHRYN HARTMANN CHAIRMAN 1.00
Officer Director
$0 $0 $0
QY'DARRIUS MCEACHERN BOARD MEMBER 1.00
Director
$0 $0 $0
MAYA MCDONALD BOARD MEMBER 1.00
Director
$0 $0 $0
AVERY MOSES PERSONNEL CH 1.00
Officer Director
$0 $0 $0
THOMAS SEVERIN BOARD MEMBER 1.00
Director
$0 $0 $0
ERIC SIMEON BOARD MEMBER 1.00
Director
$0 $0 $0
TORI SUCCI SECRETARY 1.00
Officer Director
$0 $0 $0
AIMEE WARDLE CONFERENCE C 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 $258,306 $311,884 $294,114 $-53,578
2023 $242,703 $216,020 $347,692 $26,683
2022 $181,686 $227,265 $321,009 $-45,579
2021 $149,987 $115,086 $366,588 $34,901
2020 $307,704 $322,416 $331,687 $-14,712
2018 $357,372 $284,871 $342,110 $72,501
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