ZETA PSI FRATERNITY OF NORTH ELDER CHAPTER OF THE PHI LAMBDA

EIN: 912104736

SEATTLE, WA

Total Revenue
$426,861
Total Expenses
$436,737
Total Assets
$810,347
Net Assets
$238,280
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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
1973
Legal Domicile
WA
Principal Officer
ROBERT EDMON
Phone
2063556485
Tax Period
2016-10-01 to 2017-09-30

ZETA PSI FRATERNITY OF NORTH ELDER CHAPTER OF THE PHI LAMBDA, founded in 1973, is a small nonprofit that reported $427K in total revenue in fiscal year 2016.

Mission

TO PROVIDE HOUSING AND BOARD TO

Program Service Accomplishments

Program 1
Expenses: $364,245 Revenue: $426,861

FUNDS DISBURSED TO COVEREXPENSES RELATED TO PROVIDING HOUSING AND BOARD FOR STUDENT MEMBERS OF THEIS UNDERGRADUATE CHAPTER.

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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 (2016)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $426,700
Investment Income $161
Other Revenue $0
TOTAL REVENUE $426,861

Expense Breakdown

Grants Paid $0
Salaries & Benefits $-1,331
Fundraising Expenses $0
Program Expenses $364,245
Other Expenses $438,068
TOTAL EXPENSES $436,737

Year-over-Year Comparison

2016 2015 Change
Revenue $426,861 $408,969 +0.0%
Expenses $436,737 $457,639 0.0%
Net Income $-9,876 $-48,670 -0.8%
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
6
Independent Members
N/A
Employees
1
Volunteers
4

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
4
$12,040
Total Directors
6
$12,040
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CR ROBERTS PRESIDENT 2.00
Officer Director
$0 $0 $0
JIM CRONKITE VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
ANDREW BEASON TREASURER 2.00
Officer Director
$0 $0 $0
ROBERT EDGMON FACILITY CHAIR 1.00
Officer Director Highest
$12,040 $0 $12,040
JERRY WANG CHAPT ADVISER 1.00
Director
$0 $0 $0
KLAUS SNYDER SECRETARY 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
2017 $426,861 $436,737 $810,347 $-9,876
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