PURDUE CHAPTER TRIANGLE FRATERNITY

EIN: 991672880

LAFAYETTE, IN

Total Revenue
$445,529
Total Expenses
$543,439
Total Assets
$50,348
Net Assets
$-97,910
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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
1911
Legal Domicile
IN
Principal Officer
OAK STEVENS
Phone
7657426390
Tax Period
2024-07-01 to 2025-06-30

PURDUE CHAPTER TRIANGLE FRATERNITY, founded in 1911, is a small nonprofit that reported $446K in total revenue in fiscal year 2024. Expenses of $543K exceeded revenue, resulting in a 22% operating deficit.

Mission

TO FORGE A BROTHERHOOD OF THE HIGHEST MORAL CHARACTER AND INTEGRITY, BOUND BY STEM EDUCATION AND SHARED VALUES, WHO DEVELOP LIFELONG FRIENDSHIPS, ACHIEVE PROFESSIONAL ADVANCEMENTS, AND MAKE OUR COMMUNITIES BETTER.

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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 $46,865
Program Service Revenue $398,664
Investment Income $0
Other Revenue $0
TOTAL REVENUE $445,529

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,400
Fundraising Expenses $0
Other Expenses $532,039
TOTAL EXPENSES $543,439

Year-over-Year Comparison

2024 2023 Change
Revenue $445,529 N/A N/A
Expenses $543,439 N/A N/A
Net Income $-97,910 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
49
Independent Members
49
Employees
N/A
Volunteers
80

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
9
$0
Total Directors
33
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANTONIO BERMUDEZ ACTV CHAP OP 0.50
Director
$0 $0 $0
HENRY BREYNE ALUMNI BOARD 0.50
Director
$0 $0 $0
MARK CHEESMAN ALUM BOARD C 1.00
Officer Director
$0 $0 $0
MEL CHIOGIOJI ALUMNI BOARD 0.50
Director
$0 $0 $0
STEPHEN COBB ALUMNI BOARD 0.50
Director
$0 $0 $0
SEAN CONWAY ALUMNI BOARD 0.50
Director
$0 $0 $0
JACK CUNNINGHAM ALUMNI BOARD 0.50
Director
$0 $0 $0
HENRY CUSHING ALUMNI BOARD 0.50
Director
$0 $0 $0
JARROD DEBOY ALUM BOARD T 1.00
Officer Director
$0 $0 $0
COOPER DLUGOS ACTV CHAP VP 0.50
Director
$0 $0 $0
DAN ENLOW ALUM BOARD R 0.50
Director
$0 $0 $0
RANDALL HUBBELL ALUM BOARD C 0.50
Director
$0 $0 $0
GORDON HUNT ALUM BOARD M 0.50
Director
$0 $0 $0
NATE KERR ALUM BOARD E 0.50
Director
$0 $0 $0
STEVE KOBZA ALUM BOARD F 0.50
Director
$0 $0 $0
DON KRUGGEL ALUM BOARD H 0.50
Director
$0 $0 $0
JACOB MOBLEY ACTV CHAPT P 1.00
Officer Director
$0 $0 $0
QUINN MORAN RECRUITING C 1.00
Director
$0 $0 $0
JEFF OTT ALUM BOARD M 0.50
Director
$0 $0 $0
TIM PAYTON ALUMNI BOARD 0.50
Director
$0 $0 $0
STEVE POWELL ALUMNI BOARD 0.50
Director
$0 $0 $0
JASON ROSING ALUM BOARD M 0.50
Director
$0 $0 $0
STEFAN RUST ALM BRD MNTR 0.50
Director
$0 $0 $0
DARRELL SAMUELS ALUM BRD COA 1.00
Officer Director
$0 $0 $0
JOE SEARLE ALUM EXEC SE 1.00
Officer Director
$0 $0 $0
ROB SEARLE ALUM PHILANT 1.00
Officer Director
$0 $0 $0
ALAN SHIRLEY ALUM COMMUNI 1.00
Officer Director
$0 $0 $0
MIKE SILVER ALUM PROF DE 1.00
Officer Director
$0 $0 $0
OAK STEVENS ALUM EXEC PR 1.00
Officer Director
$0 $0 $0
ROBERT STRICKLER ALUM BOARD P 0.50
Director
$0 $0 $0
JARED THAYER ALUM BOARD I 0.50
Director
$0 $0 $0
DAVID TUOMENOKSA ALUMNI BOARD 0.50
Director
$0 $0 $0
BRIAN WEBER ALUMNI BOARD 0.50
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
2025 $445,529 $543,439 $50,348 $-97,910
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