The Gamma Theta Lambda Education Foundation
EIN: 311755253 · Wilmington, DE · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $121K |
| Total Expenses | $27K |
| Net Assets | $366K |
Is The Gamma Theta Lambda Education Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Gamma Theta Lambda Education Foundation
The Gamma Theta Lambda Education Foundation (EIN: 311755253) is a nonprofit organization based in Wilmington, DE, classified under NTEE code B99. The organization reported total revenue of $121K and total assets of $355K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Gamma Theta Lambda Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Gamma Theta Lambda Education Foundation is a small nonprofit that has been operating for 25 years, with 3 years of IRS 990 filings on record (2022–2024). Revenue has grown at a compound annual rate of 247.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $172K |
| Total Expenses | $27K |
| Surplus / Deficit | +$145K |
| Total Assets | $366K |
| Net Assets | $366K |
| Operating Margin | 84.2% |
| Months of Reserves | 160.8 months |
Financial Health Grade: A
In 2024, The Gamma Theta Lambda Education Foundation reported a surplus of $145K with revenue exceeding expenses, holds 160.8 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2022–2024), The Gamma Theta Lambda Education Foundation's revenue has grown at a compound annual growth rate (CAGR) of 247.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +17.3% | +94.8% | +65.8% |
| 2023 | +926.9% | -2.2% | +151.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Gamma Theta Lambda Education Foundation 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 The Gamma Theta Lambda Education Foundation 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 $145K, with revenue exceeding expenses.
Frequently Asked Questions about The Gamma Theta Lambda Education Foundation
Is The Gamma Theta Lambda Education Foundation a legitimate charity?
The Gamma Theta Lambda Education Foundation (EIN: 311755253) is a registered tax-exempt nonprofit based in Delaware. It has 3 years of IRS 990 filings on record. Total revenue: $121K. No red flags identified. Financial health grade: A.
How does The Gamma Theta Lambda Education Foundation spend its money?
The Gamma Theta Lambda Education Foundation reported $121K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Gamma Theta Lambda Education Foundation tax-deductible?
The Gamma Theta Lambda Education Foundation is registered as a tax-exempt nonprofit (EIN: 311755253). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Gamma Theta Lambda Education Foundation located?
The Gamma Theta Lambda Education Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 311755253. It is classified under NTEE code B99.
How many years of IRS 990 filings does The Gamma Theta Lambda Education Foundation have?
The Gamma Theta Lambda Education Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $121K in total revenue.
Filing History
IRS 990 filing history for The Gamma Theta Lambda Education Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2022–2024), The Gamma Theta Lambda Education Foundation's revenue has grown by 1104.6%, moving from $14K to $172K. Total assets increased by 317.1% over the same period, from $88K to $366K. Total functional expenses rose by 90.6%, from $14K to $27K. In its most recent filing year (2024), The Gamma Theta Lambda Education Foundation reported a surplus of $145K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $172K | $27K | $366K | $0 | — | — |
| 2023 | $147K | $14K | $221K | $0 | — | View 990 |
| 2022 | $14K | $14K | $88K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $172K, expenses of $27K, and assets of $366K (revenue +17.3% year-over-year).
- 2023: Revenue of $147K, expenses of $14K, and assets of $221K (revenue +926.9% year-over-year).
- 2022: Revenue of $14K, expenses of $14K, and assets of $88K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Gamma Theta Lambda Education Foundation:
Data Sources and Methodology
This transparency report for The Gamma Theta Lambda Education Foundation 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.