Phi Delta Theta Fraternity Fl Nu Chapter Corporation

Nonprofit profile at a glance

EIN
271987722
IRS 990-EZ coverage
2018–2022
Forms available
Form 990-EZ 2022
Location
Boca Raton, FL, USA
Phone
5617897960
Rating
80
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$136,625
Expenses
$147,670
Assets
$25,683

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • LUC CROTEAU (PRESIDENT)

People named in this filing

  • LUC CROTEAU (PRESIDENT)
  • ANTHONY PAULINO (VICE-PRESIDE)
  • MATTHEW NICHOLAS KANE (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization is a not-for-profit organization that provides educational aid to students within the organization by offering study programs and educational tools, including a networking platform that is strictly for the benefit of the members. This networking platform provides professional job opportunities and career oriented help. In addition to the many educational benefits, the organization also actively participates in several charitable cause fundraisers and holds several of its own fundraisers to benefit the als foundation. All income that is received by the organization is expended for the benefit of the organization's educational, charitable, professional, or social purposes.

What it reported doing in 2022

Providing educational tools, study programs and networking opportunities to the members.

Operating model

Revenue model
Membership-supported. 78% of the money available for current operations came from membership dues.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 82
  • Sustainability: 21
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90.4%; rating input score 90
  • Program expense ratio: 83.6%; rating input score 84

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -8.1%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 0.17; rating input score 15; 15th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 64; 64th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 2.2% per year; rating input score 100; 38th percentile among comparable filings
  • Asset growth: -5.6% per year; rating input score 0; 15th percentile among comparable filings

Details

  • Where the money goes: 90.4% of revenue deployed · 83.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $123K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 2 filing years from 2018 to 2022
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 19/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 15/100.