Mu Mu Lambda Educational Foundation is located in Burr Ridge, IL. The organization was established in 1988. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mu Mu Lambda Educational Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Mu Mu Lambda Educational Foundation generated $13.4k in total revenue. All expenses for the organization totaled $15.5k during the year ending 12/2022. While expenses have increased by 168.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED SCHOLARSHIPS AND SUPPLEMENTED EDUCATIONAL PROGRAMS FOR AT LEAST 30 YOUTHS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Seth Wilson Chairman | 1 | $0 | |
Kewon Bell Director | 1 | $0 | |
Marland Brazier Director | 1 | $0 | |
Robert Mcmillian Treasurer | 1 | $0 | |
Undray Wilks Director | 1 | $0 | |
David Lewis Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,328 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,066 |
| Other Revenue | $0 |
| Total Revenue | $13,394 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10 |
| Total expenses | $15,510 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,717 |
| Other assets | $0 |
| Total assets | $30,628 |
| Total liabilities | $0 |
| Net assets or fund balances | $30,628 |