Lambda Theta Nu Sorority
- Assets
- $415.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 02/2002
- Data as of
- 12/2023
- EIN
- 94-3292874
Organization Overview
Lambda Theta Nu Sorority is located in San Diego, CA. The organization was established in 2002. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Lambda Theta Nu Sorority 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 12/2023, Lambda Theta Nu Sorority generated $194.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $107.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.4%) per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
LAMBDA THETA NU HOSTS AN ANNUAL NATIONAL LEADERSHIP & ORGANIZATIONAL DEVELOPMENT CONFERENCE GEARED TOWARD THE PERSONAL, ACADEMIC & PROFESSIONAL DEVELOPMENT OF WOMEN. THE TIJERAS PROGRAM IS A TWO PRONGED NATIONAL PHILANTHROPY PROGRAM CENTERING AROUND EARLY CHILDHOOD EDUCATION AND SCHOLARSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mariana Moguel Director | 10 | $0 | |
Esveidi Torres Director | 15 | $0 | |
Stephanie Sanchez Treasurer | 15 | $0 | |
Margarita Bolaos Director | 10 | $0 | |
Reyna Gomez Director | 10 | $0 | |
Lorena Zamarripa Director | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,557 |
| Total Program Service Revenue | $191,372 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $194,929 |
| 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 | $7,439 |
| Occupancy, rent, utilities, and maintenance | $587 |
| Printing, publications, postage, and shipping | $1,749 |
| Other expenses | $86,552 |
| Total expenses | $107,041 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $415,938 |
| Other assets | $0 |
| Total assets | $415,938 |
| Total liabilities | $0 |
| Net assets or fund balances | $415,938 |
Grants Awarded
Over the last fiscal year, Lambda Theta Nu Sorority has awarded $50,372 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL ASSOCIATION OF LAMBDA ALUMNAE PURPOSE: GRANT | $21,710 |
LITERARY FIRST PURPOSE: GRANT | $8,662 |
THE CONSCIOUS KID PURPOSE: GRANT | $20,000 |