DELTA BETA LAMBDA FOUNDATION

EIN: 261992363 501(c)(3) Philanthropy & Grantmaking

SPARTANBURG, SC

Total Revenue
$164,174
Total Expenses
$16,120
Total Assets
$148,054
Net Assets
$148,054
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
SC
Phone
8647042311
Tax Period
2020-01-01 to 2020-12-31

DELTA BETA LAMBDA FOUNDATION, founded in 2008, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $164K in total revenue in fiscal year 2020. The organization ran a surplus of $148K, a strong 90% operating margin.

Mission

KEY MISSION OBJECTIVES To prepare free-market young leaders in business management, technology efficiency, and leadership through knowledge generation that improves free enterprise opportunities, student achievement, social impact, and financial success. FREE MARKET FUTURE LEADERS To develop young free-market leaders of the future, we rely on those businesses, individuals and philanthropies to entrust us with financial resources

Program Service Accomplishments

Program 1
Expenses: $9,738 Revenue: $19,150

The organization relies upon knowledge generation that improves free enterprise opportunities, student achievement, and financial success. PLI, in collaboration with eye Blue initiative, is all set...

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The organization relies upon knowledge generation that improves free enterprise opportunities, student achievement, and financial success. PLI, in collaboration with eye Blue initiative, is all set to organize Blue Initiative Pilot Program Launch Event where it will deploy E-Vision Project Development Corporation's proprietary evisioneye security surveillance solutions for community emergency response, broadband access, and video surveillance training for public safety departments. "The core components of the pilot program is training for public safety departments, community leaders and students in the utilization of AXIS Communication technologies and provide an opportunity for participants to achieve AXIS Security Professional Certifications. The initial technologies that will be deployed provided by E-VisionEye will be the following: E-VisionEye Solar Power POE Tower that will utilize the AXIS Q60 Series mission-critical camera combined with AXIS Q6010-E for full 360 multi-directional. In addition to the customized Eye Tower will deploy the license plate specialized cameras, a Broadband access point with up to the 8-mile range for community utilization testing, emergency alert internet protocol speakers, and a two-way radio antenna that will be utilized to training the community leaders in emergency communications." The organization also plans to install E-VisionEye Hub, a solar power mobile substation that will provide observation and training facilities for the program. Success Measures: Donation of Property .77 Acres by Orchid Farm LLC and collaboration with E-Vision Project Development Corporation a HUBZONE Certified Firm to provide The new SSTSC designed by E-Vision Project Development Corporation will incorporate AXIS Communications security surveillance technologies into training objectives based on the needs of community stakeholders. The program was funded by Orchid Farm LLC, E-Vision Project Development Corporation, EWTECHNERD and Active Expressions Art Academy.

Program 2
Expenses: $3,898 Revenue: $3,898

PLIKIDS Afterschool Program- Designed for Virtual Students from ages 10-16. The program provides computer lab space and tutoring for students impacted by CORVID-19.

Program 3
Expenses: $514 Revenue: $514

The program is designed for High School seniors to provide real-world application of starting a new business. Students will work together to form a real technology business. Students will work...

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The program is designed for High School seniors to provide real-world application of starting a new business. Students will work together to form a real technology business. Students will work together to develop customer usability, competitive analysis, prototype, and sales development. PROGRAM OBJECTIVE: The program is designed with real-world business start-up training utilizing today's market-based technology. The ultimate goal is to assist youth entrepreneurs in establishing a new business that incorporates technology applications as part of its operations and service delivery.

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $144,060
Program Service Revenue $20,114
Investment Income $0
Other Revenue $0
TOTAL REVENUE $164,174

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $14,150
Other Expenses $16,120
TOTAL EXPENSES $16,120

Year-over-Year Comparison

2020 2019 Change
Revenue $164,174 $162,610 +0.0%
Expenses $16,120 $21,025 -0.2%
Net Income $148,054 $141,585 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
8
Employees
N/A
Volunteers
9

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
0
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUAN GARCIA CHAIRMAN 0.00
Director
$0 $0 $0
DYANNE LYLES SECRETARY 0.00
Director
$0 $0 $0
VAN STAGGS JR BOARD MEMBER 0
Director
$0 $0 $0
JOHN BRYANT BOARD MEMBER 0
Director
$0 $0 $0
JOHN LEWIS BOARD MEMBER 0
Director
$0 $0 $0
JAMES MITCHELL JR BOARD MEMBER 0
Director
$0 $0 $0
MICHAEL ZEPEDA BOARD MEMBER 0
Director
$0 $0 $0
N/A FIDICIARY AGENT 10
$0 $0 $0
ERIC WHITESIDE PAST CHAIRMAN 2.00
$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
2020 $164,174 $16,120 $148,054 $148,054
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