IOTA PHI LAMBDA SORORITY INC (EIN 237390385) - Form 990 Financial Analysis & Trantor Score

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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

1930

Legal Domicile

Principal Officer

NICOLE L GEORGE

Phone

3016481363

Tax Period

2024-07-01 to 2025-06-30

IOTA PHI LAMBDA SORORITY INC, founded in 1930, is a small nonprofit that reported $580K in total revenue in fiscal year 2024. The organization ran a surplus of $334K, a strong 58% operating margin.

Mission

UNITE IN SISTERHOOD QUALIFIED BUSINESS AND PROFESSIONAL WOMEN IN ORDER TO ENHANCE AND IMPROVE THE STATUS OF WOMEN IN OUR HIGHLY COMPLEX, COMPETITIVE BUSINESS AND PROFESSIONAL WORLD; PROMOTE INCREASED INTEREST IN THE BROAD FIELD OF BUSINESS EDUCATION AMONG HIGH SCHOOL AND COLLEGE YOUNG WOMEN THROUGH PLANNED PROGRAMS AND SCHOLARSHIPS; ENCOURAGE THE DEVELOPMENT OF PERSONAL GOALS AND LEADERSHIP POTENTIAL; AND ESTABLISH AND PROMOTE CIVIC AND SOCIAL SERVICE ACTIVITIES FOR YOUTH AND ADULTS.

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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 $324,522

Program Service Revenue $0

Investment Income $0

Other Revenue $255,656

TOTAL REVENUE $580,178

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $18,343

Other Expenses $246,190

TOTAL EXPENSES $246,190

Year-over-Year Comparison

	2024	2023	Change
Revenue	$580,178	N/A	N/A
Expenses	$246,190	N/A	N/A
Net Income	$333,988	N/A	N/A

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

1600

Independent Members

1600

Employees

N/A

Volunteers

N/A

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
KAREN AREY	DIRECTOR	N/A	Director	$0	$0	$0
VELENCIA D HALL	DIRECTOR	N/A	Director	$0	$0	$0
DIDI BOYNTON	DIRECTOR	N/A	Director	$0	$0	$0
GLORIA PERRY	DIRECTOR	N/A	Director	$0	$0	$0
AUDREY DOUGLAS-COOKIE	DIRECTOR	N/A	Director	$0	$0	$0
GINA BARRY	DIRECTOR	N/A	Director	$0	$0	$0
CYNTHIA L HARRIS	JOURNALIST	N/A	Director	$0	$0	$0
NICOLE L GEORGE	TREASURER	0.00	Officer Director	$0	$0	$0
VONETTA B MARTIN	FINANCIAL SE	N/A	Director	$0	$0	$0
WENDY B JACQUES	PRESIDENT EL	N/A	Director	$0	$0	$0
DONNA MITCHELL	SECRETARY	N/A	Director	$0	$0	$0
CHARLOTTE D BERRY	PRESIDENT	N/A	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	$580,178	$246,190	$699,725	$333,988
2020	$234,014	$96,030	$94,471	$137,984
2019	$191,820	$96,302	$146,482	$95,518
2018	$162,961	$205,456	$223,153	$-42,495

IOTA PHI LAMBDA SORORITY INC