LAMBDA ALUMNI CORPORATION

EIN: 274414316 Corporation

PO BOX 8221, ST PAUL, MN, 55108

Total Revenue
$437,406
Total Expenses
$333,743
Total Assets
$2,860,860
Net Assets
$2,578,457

Tuckman-Chang Vulnerability Assessment

Research-Based

Academic framework for nonprofit financial sustainability (Tuckman & Chang, 1991)

Equity Deficiency
7.73
✓ Strong — 6+ mo. reserves
Revenue Concentration
0.36
✓ Diversified
Admin Flexibility
0.0%
⚠ Too Lean — No room to cut
Operating Sustainability
23.7%
✓ Healthy — Sustainable
Overall Vulnerability Assessment
Based on 4 vulnerability indicators
~ MODERATE
1/4 flag
Equity deficiency (<0.25) ✓ Pass
Revenue concentration (>0.60) ✓ Pass
Admin too lean (<10%) 🚩 Flagged
Operating deficit (<0%) ✓ Pass

About: The Tuckman-Chang framework identifies four key indicators of financial vulnerability. 0 flags = low risk, 1–2 = moderate risk, 3–4 = high risk. Validated across thousands of nonprofits since 1991.

Learn more about the Tuckman-Chang methodology →

Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
MN
Principal Officer
PHILIP CLARK
Phone
9527973598
Tax Period
January 2023 - December 2023

LAMBDA ALUMNI CORPORATION is a tax-exempt nonprofit with EIN 274414316, based in PO BOX 8221, ST PAUL, MN, 55108. Founded in 2010, the organization files IRS Form 990 and reported its most recent data for fiscal year 2023. In that period, it reported $437,406 in total revenue and $333,743 in total expenses, with net assets of $2,578,457. Its Trantor Score is 629 (Fair), reflecting its financial health based on liquidity, solvency, and operational efficiency.

Mission

THIS ORGANIZATION PROVIDES HOUSING FOR THE LAMBDA CHAPTER OF ALPHA GAMMA RHO FRATERNITY AT THE UNIVERSITY OF MINNESOTA, TWIN CITY CAMPUS.

Trantor Score

Financial Health & Payment Capacity Assessment

Score based on: Liquidity (40%), Solvency (30%), Sustainability (20%), Efficiency (10%)

629
Fair
Moderate Risk
FICO Scale: 300–850

Liquidity (40%)
0.45
+97 pts
Solvency (30%)
0.77
+126 pts
Sustainability (20%)
0.57
+62 pts
Efficiency (10%)
0.76
+41 pts
Learn more about the Trantor Score methodology →

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $236,406
Program Service Revenue $201,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $437,406

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $2,400
Program Expenses $307,184
Other Expenses $331,343
TOTAL EXPENSES $333,743

Year-over-Year Comparison

2023 2022 Change
Revenue $437,406 $414,219 +5.6%
Expenses $333,743 $275,837 +21.0%
Net Income $103,663 $138,382 -25.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required

Financial Health Indicators

Financial Distress Indicator (Altman Z-Score)
✓ Safe Zone — Low probability of financial distress
7.08
>2.6 safe · 1.1–2.6 gray · <1.1 distress

Learn about the Altman Z-Score methodology adapted for nonprofits →

Liquidity & Cash Position

Cash Reserve
3.0
Months of expenses covered
Cash to Assets
2.9%
Liquid asset ratio
Working Capital
$150,833
Current assets − liabilities

Solvency & Debt Position

Solvency Ratio
10.13
Assets / Liabilities (>1 is solvent)
Debt Ratio
9.9%
Liabilities / Assets (lower is better)
Debt to Net Assets
0.11
Leverage ratio

Revenue Sustainability & Diversification

Self-Sufficiency
46.0%
Program revenue / Total revenue
Donation Dependence
54.0%
Contributions / Total revenue
Revenue Concentration
46.0%
Largest source (lower = more diverse)

Operational Performance

Admin Efficiency
0.0%
Target: 10–20% is optimal
Asset Turnover
0.15x
Revenue / Assets
Expense Coverage
92.7
Months can operate w/o income
Surplus Margin
23.7%
Net income / Revenue

Growth Indicators

Net Assets Growth
4.2%
Year-over-year change

Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
20

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
3
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DYLAN BARTH DIRECTOR N/A
Director
$0 $0 $0
TODD A CHRISTOPHERSON DIRECTOR N/A
Director
$0 $0 $0
PHILIP CLARK TREASURER N/A
Officer Director
$0 $0 $0
ERIC DEBLIECK DIRECTOR N/A
Director
$0 $0 $0
SAM PETERSON DIRECTOR N/A
Director
$0 $0 $0
CHRISTIAN REVELAND DIRECTOR N/A
Director
$0 $0 $0
DAVID SHIMOTA DIRECTOR N/A
Director
$0 $0 $0
LUCAS SJOSTROM PRESIDENT N/A
Officer Director
$0 $0 $0
WARREN WINKELMAN DIRECTOR N/A
Officer 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
2024 No data No data No data No data
2023 $437,406 $333,743 $2,860,860 $103,663
2022 $414,219 $275,837 $2,948,958 $138,382
2021 $192,948 $262,809 $3,040,518 $-69,861
2020 $217,764 $274,689 $3,094,167 $-56,925
2019 $243,870 $256,014 $3,246,019 $-12,144
2018 $253,203 $213,999 $3,146,836 $39,204
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