University of Maine Sigma Chi Housing Corporation

EIN: 932581410 Education

Westerly, RI

Total Revenue
$740,046
Total Expenses
$44,410
Total Assets
$695,636
Net Assets
$695,636
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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
2023
Legal Domicile
ME
Principal Officer
Andrew Sawyer
Phone
4017414601
Tax Period
2024-01-01 to 2024-12-31

University of Maine Sigma Chi Housing Corporation, founded in 2023, is a small nonprofit in the Education sector that reported $740K in total revenue in fiscal year 2024. The organization ran a surplus of $696K, a strong 94% operating margin.

Mission

To provide fraternity housing to facilitate the development of brotherhood, academic growth, leadership, service, and lifelong connections for fraternity members.

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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 $740,013
Program Service Revenue $0
Investment Income $33
Other Revenue $0
TOTAL REVENUE $740,046

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $41,621
Other Expenses $44,410
TOTAL EXPENSES $44,410

Year-over-Year Comparison

2024 2023 Change
Revenue $740,046 N/A N/A
Expenses $44,410 N/A N/A
Net Income $695,636 N/A N/A
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
4
Independent Members
4
Employees
N/A
Volunteers
20

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
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Thomas Murphy President 5.00
Officer Director
$0 $0 $0
Andrew Sawyer Treasurer 2.00
Officer Director
$0 $0 $0
Richard Haney Secretary 2.00
Officer Director
$0 $0 $0
Jeffrey Cook Vice President 2.00
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 $740,046 $44,410 $695,636 $695,636
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