ASSOCIATION OF ALPHA BETA CHAPTER OF ALPHA GAMMA RHO (EIN 936032882) - Form 990 Financial Analysis & Trantor Score

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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

1923

Legal Domicile

Principal Officer

CLIFF SCHOENINGH

Phone

5415191241

Tax Period

2023-01-01 to 2023-12-31

ASSOCIATION OF ALPHA BETA CHAPTER OF ALPHA GAMMA RHO, founded in 1923, is a micro nonprofit that reported $60K in total revenue in fiscal year 2023. Revenue surged 50% from the prior year, signaling strong growth momentum. Expenses of $130K exceeded revenue, resulting in a 116% operating deficit.

Mission

TO PROVIDE LOWER COST HOUSING TO COLLEGE STUDENTS.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $55,500

Program Service Revenue $4,500

Investment Income $29

Other Revenue $0

TOTAL REVENUE $60,029

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $129,851

TOTAL EXPENSES $129,851

Year-over-Year Comparison

	2023	2022	Change
Revenue	$60,029	$40,053	+0.5%
Expenses	$129,851	$92,698	+0.4%
Net Income	$-69,822	$-52,645	+0.3%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF HEATER	PRESIDENT	1.00	Officer Director	$0	$0	$0
CLIFF SCHOENINGH	TREASURER	2.00	Officer Director	$0	$0	$0
JUSTIN PRANGER	SECRETARY	1.00	Officer Director	$0	$0	$0
HANK SHARP	BOARD MEMBER	1.00	Director	$0	$0	$0
ERIC GOESSENS	BOARD MEMBER	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	No data	No data	No data	No data
2023	$60,029	$129,851	$852,171	$-69,822
2022	$40,053	$92,698	$929,689	$-52,645
2021	$20,915	$84,251	$988,038	$-63,336
2020	$299,976	$121,138	$1,160,436	$178,838
2019	$68,109	$100,138	$974,731	$-32,029
2018	$404,235	$142,286	$1,011,718	$261,949

ASSOCIATION OF ALPHA BETA CHAPTER OF ALPHA GAMMA RHO