Lambda Chi Alpha Fraternity Inc
Lambda Chi Alpha Fraternity Inc shows fluctuating revenue and expenses, with no reported officer compensation.
EIN: 205486765 · Indianola, IA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $23K |
| Total Expenses | $6K |
| Program Spending | 80% |
| Net Assets | $77K |
| Transparency Score | 65/100 |
Search Intent Cockpit
Lambda Chi Alpha Fraternity Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Lambda Chi Alpha Fraternity Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Lambda Chi Alpha Fraternity Inc in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $4K and expenses of $6K.
Revenue and Expenses
Lambda Chi Alpha Fraternity Inc reported $4K in revenue and $6K in expenses, a deficit of $2K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
65/100 mission score, 2 red flags, and 2 strengths are shown from structured and AI review.
Is Lambda Chi Alpha Fraternity Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $5K (80%) |
Across stored filings, Lambda Chi Alpha Fraternity Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade B | 10 stored filing years |
| Peer context | Compare with Latinas Unidas Por Un Nuevo Amanecer | Iowa and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Latinas Unidas Por Un Nuevo Amanecer →All Iowa nonprofits
Local and Sector Spokes
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Indianola, IA nonprofitsFollow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Keep the Investigation Moving
Lambda Chi Alpha Fraternity Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lambda Chi Alpha Fraternity Inc
Lambda Chi Alpha Fraternity Inc (EIN: 205486765) is a nonprofit organization based in Indianola, IA. The organization reported total revenue of $23K and total assets of $77K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lambda Chi Alpha Fraternity Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lambda Chi Alpha Fraternity Inc is a micro nonprofit that has been operating for 85 years, with 10 years of IRS 990 filings on record (2013–2022). Revenue has grown at a compound annual rate of -12.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $6K |
| Surplus / Deficit | $-2,351 |
| Total Assets | $77K |
| Net Assets | $77K |
| Operating Margin | -58.9% |
| Months of Reserves | 144.9 months |
Financial Health Grade: B
In 2022, Lambda Chi Alpha Fraternity Inc reported a deficit of $2K with expenses exceeding revenue, holds 144.9 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2013–2022), Lambda Chi Alpha Fraternity Inc's revenue has declined at a compound annual growth rate (CAGR) of -12.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -71.8% | +4.3% | -23.4% |
| 2021 | -19.4% | +6.2% | +1.6% |
| 2020 | -11.3% | -76.9% | +25.5% |
| 2019 | -42.9% | -27.7% | +2.2% |
| 2018 | +10.7% | +57.7% | -9.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1941 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lambda Chi Alpha Fraternity Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Lambda Chi Alpha Fraternity Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is likely volunteer-based and not drawing salaries from the organization's funds.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Lambda Chi Alpha Fraternity Inc's IRS 990 filings:
- 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
The following positive indicators were identified for Lambda Chi Alpha Fraternity Inc:
- 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.
Frequently Asked Questions about Lambda Chi Alpha Fraternity Inc
Is Lambda Chi Alpha Fraternity Inc a legitimate charity?
Lambda Chi Alpha Fraternity Inc (EIN: 205486765) is a registered tax-exempt nonprofit based in Iowa. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $23K. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does Lambda Chi Alpha Fraternity Inc spend its money?
Lambda Chi Alpha Fraternity Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Lambda Chi Alpha Fraternity Inc tax-deductible?
Lambda Chi Alpha Fraternity Inc is registered as a tax-exempt nonprofit (EIN: 205486765). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lambda Chi Alpha Fraternity Inc's spending goes to programs?
Lambda Chi Alpha Fraternity Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Lambda Chi Alpha Fraternity Inc located?
Lambda Chi Alpha Fraternity Inc is headquartered in Indianola, Iowa and files with the IRS under EIN 205486765.
How many years of IRS 990 filings does Lambda Chi Alpha Fraternity Inc have?
Lambda Chi Alpha Fraternity Inc has 10 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 $23K in total revenue.
Is Lambda Chi Alpha Fraternity Inc financially stable?
The organization's financial stability appears moderate, with revenue and expenses fluctuating significantly over the past decade. While assets have remained relatively stable, periods where expenses exceed revenue (e.g., 2022, 2019) suggest potential reliance on reserves or inconsistent income streams.
What is the primary use of the organization's funds?
Based on the consistent reporting of 0% officer compensation, it's highly probable that the majority of funds are directed towards operational costs and program activities, though a detailed expense breakdown is not available in the provided data.
How does the organization's size compare to its revenue?
With assets around $77,481 and recent annual revenues ranging from $3,992 to $23,352, Lambda Chi Alpha Fraternity Inc is a relatively small organization. Its asset base is modest in relation to its revenue fluctuations.
Filing History
IRS 990 filing history for Lambda Chi Alpha Fraternity Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2013–2022), Lambda Chi Alpha Fraternity Inc's revenue has declined by 68.3%, moving from $13K to $4K. Total assets decreased by 0.6% over the same period, from $77K to $77K. Total functional expenses fell by 62.2%, from $17K to $6K. In its most recent filing year (2022), Lambda Chi Alpha Fraternity Inc reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $4K | $6K | $77K | $0 | — | View 990 |
| 2021 | $14K | $6K | $100K | $0 | — | — |
| 2020 | $18K | $6K | $98K | $0 | — | View 990 |
| 2019 | $20K | $25K | $78K | $97 | — | View 990 |
| 2018 | $35K | $34K | $77K | $0 | — | View 990 |
| 2017 | $31K | $22K | $85K | $0 | — | View 990 |
| 2016 | $29K | $35K | $75K | $0 | — | View 990 |
| 2015 | $32K | $28K | $88K | $0 | — | View 990 |
| 2014 | $22K | $16K | $83K | $0 | — | View 990 |
| 2013 | $13K | $17K | $77K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $4K, expenses of $6K, and assets of $77K (revenue -71.8% year-over-year).
- 2021: Revenue of $14K, expenses of $6K, and assets of $100K (revenue -19.4% year-over-year).
- 2020: Revenue of $18K, expenses of $6K, and assets of $98K (revenue -11.3% year-over-year).
- 2019: Revenue of $20K, expenses of $25K, and assets of $78K (revenue -42.9% year-over-year).
- 2018: Revenue of $35K, expenses of $34K, and assets of $77K (revenue +10.7% year-over-year).
- 2017: Revenue of $31K, expenses of $22K, and assets of $85K (revenue +7.4% year-over-year).
- 2016: Revenue of $29K, expenses of $35K, and assets of $75K (revenue -9.7% year-over-year).
- 2015: Revenue of $32K, expenses of $28K, and assets of $88K (revenue +45.8% year-over-year).
- 2014: Revenue of $22K, expenses of $16K, and assets of $83K (revenue +75.8% year-over-year).
- 2013: Revenue of $13K, expenses of $17K, and assets of $77K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lambda Chi Alpha Fraternity Inc:
Data Sources and Methodology
This transparency report for Lambda Chi Alpha Fraternity Inc 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.