OMEGA THETA XI ASSOCIATIONS

EIN: 916184957

GREENACRES, WA

Total Revenue
$330,563
Total Expenses
$145,488
Total Assets
$1,092,431
Net Assets
$1,092,431
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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
1921
Principal Officer
Anthony Torelli
Phone
5099224879
Tax Period
2024-07-01 to 2025-06-30

OMEGA THETA XI ASSOCIATIONS, founded in 1921, is a small nonprofit that reported $331K in total revenue in fiscal year 2024. Revenue surged 164% from the prior year, signaling strong growth momentum. The organization ran a surplus of $185K, a strong 56% operating margin.

Mission

Provide housing facility to local fraternal chapter for students at Washington State University.

Program Service Accomplishments

Program 1
Expenses: $145,488 Revenue: $69,408

This Corporations exclusive purpose is to hold property manage and collect income and pay direct expenses for the local fraternal chapter students that are going to college at Washington State...

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This Corporations exclusive purpose is to hold property manage and collect income and pay direct expenses for the local fraternal chapter students that are going to college at Washington State University

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $69,408
Investment Income $261,155
Other Revenue $0
TOTAL REVENUE $330,563

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $145,488
Other Expenses $145,488
TOTAL EXPENSES $145,488

Year-over-Year Comparison

2024 2023 Change
Revenue $330,563 $125,115 +1.6%
Expenses $145,488 $201,379 -0.3%
Net Income $185,075 $-76,264 -3.4%
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

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Governance

Voting Members
6
Independent Members
6
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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD AQUINO Director 1.00
Director
$0 $0 $0
RYAN JONES Director 1.00
Director
$0 $0 $0
BRENDEN COVINGTON Director 1.00
Director
$0 $0 $0
ANTHONY TORELLI President 3.00
Officer
$0 $0 $0
ALEXANDER HILL Vice President 3.00
Officer
$0 $0 $0
MITCHELL JOHNSON II Treasurer 5.00
Officer
$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
2025 $330,563 $145,488 $1,092,431 $185,075
2024 $125,115 $201,379 $1,067,998 $-76,264
2023 $314,617 $226,464 $1,229,620 $88,153
2022 $196,364 $218,194 $1,174,292 $-21,830
2021 $198,558 $191,328 $1,244,420 $7,230
2020 $209,959 $217,314 $1,287,899 $-7,355
2019 $204,030 $209,030 $1,343,019 $-5,000
2018 $174,562 $218,736 $1,396,636 $-44,174
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