LAMBDA THETA PHI LATIN FRATERNITY INC

EIN: 223404044 Mutual Benefit

PARSIPPANY, NJ

Total Revenue
$276,489
Total Expenses
$304,267
Total Assets
$137,337
Net Assets
$136,037
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Principal Officer
JEFFERY CHAVEZ
Phone
9542583825
Tax Period
2024-08-01 to 2025-07-31

LAMBDA THETA PHI LATIN FRATERNITY INC is a small nonprofit in the Mutual Benefit sector that reported $276K in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $304K exceeded revenue, resulting in a 10% operating deficit.

Mission

LAMBDA THETA PHI WAS CREATED TO PROMOTE THE SPIRIT OF BROTHERHOOD, TO PROTECT THE RIGHTS OF LATINO STUDENTS IN HIS/HER QUEST FOR AN EDUCTION, TO PROMOTE THE RICH LATINO CULTURE, AND TO MAXIMIZE THE POTENTIAL TO PROVIDE GUIDANCE TO OUR COMMUNITY.

Program Service Accomplishments

Program 1

FOR EXEMPT PURPOSE

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $275,253
Investment Income $13
Other Revenue $1,223
TOTAL REVENUE $276,489

Expense Breakdown

Grants Paid $0
Salaries & Benefits $38,415
Fundraising Expenses $0
Other Expenses $265,852
TOTAL EXPENSES $304,267

Year-over-Year Comparison

2024 2023 Change
Revenue $276,489 $388,529 -0.3%
Expenses $304,267 $517,858 -0.4%
Net Income $-27,778 $-129,329 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
15

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFERY CHAVEZ NATIONAL PRE 10.00
Officer
$0 $0 $0
MIGUEL DIAZ NATIONAL VP 10.00
Officer
$0 $0 $0
MARKUS CANTU-OLIVAREZ COMMUNICATIO 10.00
Director
$0 $0 $0
ELVIS GONZALEZ DIRECTOR OF 10.00
Director
$0 $0 $0
JAVIER FERNANDEZ DIR OF INDUC 10.00
Director
$0 $0 $0
HECTOR PIMENTEL ALUMNI AFFAI 10.00
Director
$0 $0 $0
MIGUEL GUEVARA COMMUNITY DE 10.00
Director
$0 $0 $0
EMMANUEL VALERIO-FIGUEROA TECHNOLOGY D 10.00
Director
$0 $0 $0
MARLON GONZALEZ MEMBERSHIP D 10.00
Director
$0 $0 $0
ARMANDO RIJO DIR OF EXPAN 10.00
Director
$0 $0 $0
RAFAEL SANTOYA COLLEGIATE A 10.00
Director
$0 $0 $0
QUINTON CASILLIAS PUBLIC PERFO 10.00
Director
$0 $0 $0
ANDREW RAMJIT EXECUTIVE DI 10.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $276,489 $304,267 $137,337 $-27,778
2024 $388,529 $517,858 $163,815 $-129,329
2023 $223,747 $285,015 $293,144 $-61,268
2022 $191,289 $121,637 $354,729 $69,652
2018 $325,143 $320,954 $62,426 $4,189
Explore More Nonprofits
Top 100 Nonprofits in New Jersey Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare LAMBDA THETA PHI LATIN FRATERNITY INC with other nonprofits in New Jersey and across the country.