No reported liabilities in 2022 and 2023, improving balance sheet health
Positive net revenue in 2023 ($64,663 revenue vs. $22,638 expenses)
Assets recovered to $101,190 in 2023 after a sharp decline
Spending Breakdown
How Lambda Nu Association Of Phi Gammadelta 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 Nu Association Of Phi Gammadelta
Is Lambda Nu Association Of Phi Gammadelta a legitimate charity?
Based on AI analysis of IRS 990 filings, Lambda Nu Association Of Phi Gammadelta (EIN: 208189502) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 4 strengths noted.
Is Lambda Nu Association Of Phi Gammadelta a good charity to donate to?
Lambda Nu Association Of Phi Gammadelta has a Mission Score of 65/100. Revenue: $71K. Assets: $165K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lambda Nu Association Of Phi Gammadelta?
The Employer Identification Number (EIN) for Lambda Nu Association Of Phi Gammadelta is 208189502. 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 Nu Association Of Phi Gammadelta spend its money?
Lambda Nu Association Of Phi Gammadelta allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lambda Nu Association Of Phi Gammadelta's tax-exempt status?
You can verify Lambda Nu Association Of Phi Gammadelta's tax-exempt status using EIN 208189502 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 Nu Association Of Phi Gammadelta exhibits inconsistent financial performance over the past several years. While the organization reported positive net revenue in 2023 ($64,663 revenue vs. $22,638 expenses), it experienced a significant net loss of over $1.7 million in 2022. This volatility in revenue, coupled with fluctuating asset levels (from $2.6 million in 2021 to $59,165 in 2022 and back up to $101,190 in 2023), suggests potential instability or significant non-recurring financial events. The organization consistently reports 0% officer compensation, which is a positive indicator for minimizing administrative overhead related to executive pay.
The NTEE code N50 typically refers to fraternal organizations, which often have different operational models than traditional public charities. Given the available data, it's challenging to fully assess spending efficiency without a detailed breakdown of program, administrative, and fundraising expenses. However, the low expense figures in recent years relative to historical asset levels (e.g., $22,638 in expenses in 2023 against $101,190 in assets) could indicate either very efficient operations or a limited scope of activities. The absence of reported liabilities in 2022 and 2023, after significant liabilities in prior years, is a notable improvement in its balance sheet.
Transparency regarding specific program activities and their associated costs is not fully discernible from the provided summary data. While the 0% officer compensation is transparent, a more detailed breakdown of expenses would be necessary to fully evaluate how effectively funds are being utilized towards its mission. The dramatic swings in revenue and assets warrant further investigation to understand the underlying financial events and their impact on the organization's long-term sustainability.