Lambda Alpha International
- Assets
- $40.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Memphis, TN
- Founding
- 11/1968
- Data as of
- 12/2022
- EIN
- 93-1221649
Organization Overview
Lambda Alpha International is located in Memphis, TN. The organization was established in 1968. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Lambda Alpha International is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Lambda Alpha International generated $41.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $57.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 7 years. 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
TO PROMOTE FELLOWSHIP AND GOOD WORKSS FROM LAMBDA ALPHA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jon Van Hoozer VP Finances | 0 | $0 | |
Allison Gilbert President | 0 | $0 | |
Jim Mccullough President Elect | 0 | $0 | |
Richard Spore VP Membership | 0 | $0 | |
Stuart Cohen VP Programming | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $22,401 |
| Membership dues | $18,715 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $41,116 |
| 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 | $475 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $56,994 |
| Total expenses | $57,469 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,065 |
| Other assets | $0 |
| Total assets | $40,065 |
| Total liabilities | $0 |
| Net assets or fund balances | $40,065 |