Quick charity verification for Lambda Chi Alpha Fraternity Inc (EIN: 205486765)
Verdict: Lambda Chi Alpha Fraternity Inc shows mixed signals
65/100Mission Score
$23KRevenue
$77KAssets
2Red Flags
2Strengths
Red Flags
Inconsistent revenue generation, with significant drops in certain years (e.g., $34,684 in 2018 to $3,992 in 2022).
Expenses exceeding revenue in multiple periods (e.g., 2022, 2019, 2016, 2013), indicating potential operational deficits.
Strengths
Consistent reporting of 0% officer compensation, suggesting a volunteer-driven leadership model.
Maintained a stable asset base over the decade despite revenue and expense fluctuations.
Spending Breakdown
How Lambda Chi Alpha Fraternity Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Lambda Chi Alpha Fraternity Inc
Is Lambda Chi Alpha Fraternity Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lambda Chi Alpha Fraternity Inc (EIN: 205486765) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 2 strengths noted.
Is Lambda Chi Alpha Fraternity Inc a good charity to donate to?
Lambda Chi Alpha Fraternity Inc has a Mission Score of 65/100. Revenue: $23K. Assets: $77K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lambda Chi Alpha Fraternity Inc?
The Employer Identification Number (EIN) for Lambda Chi Alpha Fraternity Inc is 205486765. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Lambda Chi Alpha Fraternity Inc spend its money?
Lambda Chi Alpha Fraternity Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lambda Chi Alpha Fraternity Inc's tax-exempt status?
You can verify Lambda Chi Alpha Fraternity Inc's tax-exempt status using EIN 205486765 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Lambda Chi Alpha Fraternity Inc, with a latest reported revenue of $23,352 and assets of $77,481, appears to be a small organization with fluctuating financial performance over the past decade. While the organization consistently reports zero officer compensation, which can be a positive indicator of volunteer-driven leadership, its revenue has seen significant swings, from a high of $34,684 in 2018 to a low of $3,992 in 2022. The organization's expenses have also varied, sometimes exceeding revenue, as seen in 2022 ($3,992 revenue vs. $6,343 expenses) and 2019 ($19,797 revenue vs. $24,795 expenses). This suggests potential challenges in consistent financial management or reliance on reserves during certain periods. Given the limited financial details provided beyond revenue, expenses, and assets, a comprehensive assessment of spending efficiency and program impact is difficult without access to a detailed breakdown of expenses.