Lambda Alpha Of Chi Omega House Corporation Incorporated
EIN: 310905748 · Lexington, KY
| Metric | Value |
|---|---|
| Total Revenue | $553K |
| Total Expenses | $528K |
| Net Assets | $514K |
Is Lambda Alpha Of Chi Omega House Corporation Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lambda Alpha Of Chi Omega House Corporation Incorporated
Lambda Alpha Of Chi Omega House Corporation Incorporated (EIN: 310905748) is a nonprofit organization based in Lexington, KY. The organization reported total revenue of $553K and total assets of $671K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lambda Alpha Of Chi Omega House Corporation Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lambda Alpha Of Chi Omega House Corporation Incorporated is a small nonprofit that has been operating for 49 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $539K |
| Total Expenses | $528K |
| Surplus / Deficit | +$11K |
| Total Assets | $623K |
| Total Liabilities | $109K |
| Net Assets | $514K |
| Operating Margin | 2.1% |
| Debt-to-Asset Ratio | 17.5% |
| Months of Reserves | 14.2 months |
Financial Health Grade: A
In 2024, Lambda Alpha Of Chi Omega House Corporation Incorporated reported a surplus of $11K with revenue exceeding expenses, holds 14.2 months of operating reserves (strong position), has a debt-to-asset ratio of 17.5% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Lambda Alpha Of Chi Omega House Corporation Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +4.2% | +18.8% | -7.5% |
| 2023 | +9.3% | +10.0% | +1.7% |
| 2022 | +35.1% | +17.1% | +1.3% |
| 2021 | -11.9% | -5.7% | -7.6% |
| 2020 | -12.2% | -1.9% | -2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lambda Alpha Of Chi Omega House Corporation Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lambda Alpha Of Chi Omega House Corporation Incorporated with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $11K, with revenue exceeding expenses.
- Debt-to-asset ratio: 17.5%.
Frequently Asked Questions about Lambda Alpha Of Chi Omega House Corporation Incorporated
Is Lambda Alpha Of Chi Omega House Corporation Incorporated a legitimate charity?
Lambda Alpha Of Chi Omega House Corporation Incorporated (EIN: 310905748) is a registered tax-exempt nonprofit based in Kentucky. It has 14 years of IRS 990 filings on record. Total revenue: $553K. No red flags identified. Financial health grade: A.
How does Lambda Alpha Of Chi Omega House Corporation Incorporated spend its money?
Lambda Alpha Of Chi Omega House Corporation Incorporated reported $553K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lambda Alpha Of Chi Omega House Corporation Incorporated tax-deductible?
Lambda Alpha Of Chi Omega House Corporation Incorporated is registered as a tax-exempt nonprofit (EIN: 310905748). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lambda Alpha Of Chi Omega House Corporation Incorporated located?
Lambda Alpha Of Chi Omega House Corporation Incorporated is headquartered in Lexington, Kentucky and files with the IRS under EIN 310905748.
How many years of IRS 990 filings does Lambda Alpha Of Chi Omega House Corporation Incorporated have?
Lambda Alpha Of Chi Omega House Corporation Incorporated has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $553K in total revenue.
Filing History
IRS 990 filing history for Lambda Alpha Of Chi Omega House Corporation Incorporated showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Lambda Alpha Of Chi Omega House Corporation Incorporated's revenue has grown by 93.6%, moving from $278K to $539K. Total assets increased by 180.5% over the same period, from $222K to $623K. Total functional expenses rose by 71.4%, from $308K to $528K. In its most recent filing year (2024), Lambda Alpha Of Chi Omega House Corporation Incorporated reported a surplus of $11K, with revenue exceeding expenses. The organization holds $109K in liabilities against $623K in assets (debt-to-asset ratio: 17.5%), resulting in net assets of $514K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $539K | $528K | $623K | $109K | — | — |
| 2023 | $517K | $444K | $673K | $171K | — | — |
| 2022 | $473K | $404K | $662K | $232K | — | View 990 |
| 2021 | $350K | $345K | $654K | $293K | — | View 990 |
| 2020 | $397K | $366K | $707K | $353K | — | — |
| 2019 | $453K | $373K | $729K | $406K | — | View 990 |
| 2018 | $441K | $374K | $706K | $462K | — | View 990 |
| 2017 | $452K | $392K | $691K | $515K | — | View 990 |
| 2016 | $340K | $390K | $286K | $170K | — | View 990 |
| 2015 | $375K | $374K | $350K | $184K | — | View 990 |
| 2014 | $298K | $339K | $362K | $197K | — | View 990 |
| 2013 | $314K | $315K | $241K | $34K | — | View 990 |
| 2012 | $337K | $313K | $249K | $40K | — | View 990 |
| 2011 | $278K | $308K | $222K | $38K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $539K, expenses of $528K, and assets of $623K (revenue +4.2% year-over-year).
- 2023: Revenue of $517K, expenses of $444K, and assets of $673K (revenue +9.3% year-over-year).
- 2022: Revenue of $473K, expenses of $404K, and assets of $662K (revenue +35.1% year-over-year).
- 2021: Revenue of $350K, expenses of $345K, and assets of $654K (revenue -11.9% year-over-year).
- 2020: Revenue of $397K, expenses of $366K, and assets of $707K (revenue -12.2% year-over-year).
- 2019: Revenue of $453K, expenses of $373K, and assets of $729K (revenue +2.6% year-over-year).
- 2018: Revenue of $441K, expenses of $374K, and assets of $706K (revenue -2.3% year-over-year).
- 2017: Revenue of $452K, expenses of $392K, and assets of $691K (revenue +32.8% year-over-year).
- 2016: Revenue of $340K, expenses of $390K, and assets of $286K (revenue -9.2% year-over-year).
- 2015: Revenue of $375K, expenses of $374K, and assets of $350K (revenue +25.8% year-over-year).
- 2014: Revenue of $298K, expenses of $339K, and assets of $362K (revenue -5.0% year-over-year).
- 2013: Revenue of $314K, expenses of $315K, and assets of $241K (revenue -7.1% year-over-year).
- 2012: Revenue of $337K, expenses of $313K, and assets of $249K (revenue +21.2% year-over-year).
- 2011: Revenue of $278K, expenses of $308K, and assets of $222K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lambda Alpha Of Chi Omega House Corporation Incorporated:
Data Sources and Methodology
This transparency report for Lambda Alpha Of Chi Omega House Corporation Incorporated is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.