Is Lambda Chi Alpha Fraternity Inc Legit?

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

Strengths

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.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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