Is Pi Lambda Phi Fraternity Inc Legit? —…

Quick charity verification for Pi Lambda Phi Fraternity Inc (EIN: 131168250)

Spending Breakdown

How Pi Lambda Phi Fraternity Inc allocates its funds across programs, administration, and fundraising.

75%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

10%

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 Pi Lambda Phi Fraternity Inc

Is Pi Lambda Phi Fraternity Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Pi Lambda Phi Fraternity Inc (EIN: 131168250) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is Pi Lambda Phi Fraternity Inc a good charity to donate to?

Pi Lambda Phi Fraternity Inc has a Mission Score of 65/100. Revenue: $797K. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Pi Lambda Phi Fraternity Inc?

The Employer Identification Number (EIN) for Pi Lambda Phi Fraternity Inc is 131168250. 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 Pi Lambda Phi Fraternity Inc spend its money?

Pi Lambda Phi Fraternity Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Pi Lambda Phi Fraternity Inc's tax-exempt status?

You can verify Pi Lambda Phi Fraternity Inc's tax-exempt status using EIN 131168250 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

Pi Lambda Phi Fraternity Inc. demonstrates consistent revenue generation, averaging around $800,000 annually over the past several years, with a notable dip in 201908 followed by a quick recovery. The organization's assets have shown steady growth, increasing from $705,061 in 201606 to $1,302,208 in 202308, indicating financial stability and accumulation of resources. However, the most recent filing (202308) shows expenses ($887,451) exceeding revenue ($863,136), resulting in a deficit for that period, which warrants monitoring.

One significant concern is the substantial increase in liabilities in the 202308 period, jumping to $2,950,000 from $11,876 in 202208. This dramatic rise in liabilities, without a corresponding increase in assets or revenue, could signal significant financial obligations or debt that needs further investigation. The organization consistently reports 0% officer compensation, which, while seemingly positive for resource allocation, can also raise questions about how leadership is compensated or if key roles are entirely volunteer-based, which might impact long-term sustainability or professional management.

Overall, while the organization has a history of stable operations and asset growth, the recent spike in liabilities and the deficit in the latest fiscal year are critical points for potential donors or stakeholders to consider. The lack of reported officer compensation, while not inherently negative, is an unusual financial characteristic for an organization of this size and revenue.

Is Pi Lambda Phi Fraternity Inc Legit?

Verdict: Pi Lambda Phi Fraternity Inc shows mixed signals

Red Flags

Strengths