KAPPA SIGMA FRATERNITY GAMMA-LAMBD… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1976

Legal Domicile

Principal Officer

WHITEY STANGE

Phone

5153602011

Tax Period

2024-06-01 to 2025-05-31

KAPPA SIGMA FRATERNITY GAMMA-LAMBDA HOUSE CORP, founded in 1976, is a small nonprofit that reported $217K in total revenue in fiscal year 2024. Revenue surged 136% from the prior year, signaling strong growth momentum. The organization ran a surplus of $113K, a strong 52% operating margin.

Mission

PROVIDE HOUSING AND CLUB FACILITIES FOR KAPPA SIGMA FRATERNITY AT IOWA STATE UNIVERSITY.

Program Service Accomplishments

Program 1

PROVIDE HOUSING AND CLUB FACILITIES FOR KAPPA SIGMA FRATERNITY AT IOWA STATE UNIVERSITY.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $210,414

Program Service Revenue $7,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $217,414

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $103,967

TOTAL EXPENSES $103,967

Year-over-Year Comparison

	2024	2023	Change
Revenue	$217,414	$92,000	+1.4%
Expenses	$103,967	$90,744	+0.1%
Net Income	$113,447	$1,256	+89.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
COREY WALKER	PRESIDENT	2.00	Officer Director	$0	$0	$0
WHITEY STANGE	TREASURER	2.00	Officer Director	$0	$0	$0
ROBERT HAYES	DIRECTOR	2.00	Director	$0	$0	$0
DAVID SLY	DIRECTOR	2.00	Director	$0	$0	$0
GREGORY MURTHA	DIRECTOR	1.00	Director	$0	$0	$0
LUCIANO BERTAGNOLLI	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL MORMAN	DIRECTOR	1.00	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	$217,414	$103,967	$1,007,859	$113,447

KAPPA SIGMA FRATERNITY GAMMA-LAMBDA HOUSE CORP