LAMBDA ALPHA OF CHI OMEGA HOUSE CO… - 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

1929

Legal Domicile

Principal Officer

MARY ESTES HAGGIN

Phone

8592586088

Tax Period

2024-07-01 to 2025-06-30

LAMBDA ALPHA OF CHI OMEGA HOUSE CORP INC, founded in 1929, is a small nonprofit that reported $553K in total revenue in fiscal year 2024. Expenses of $483K left a modest 13% surplus.

Mission

TO PROVIDE MEALS, LODGING AND MEETING FACILITIES FOR THE MEMBERS OF CHI OMEGA SORORITY, LAMBDA ALPHA CHAPTER.

Program Service Accomplishments

Program 1

THE ORGANIZATION PROVIDES MEALS, LODGING AND MEETING FACILITIES FOR THE MEMBERS OF CHI OMEGA SORORITY, LAMBDA ALPHA CHAPTER.

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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 $0

Program Service Revenue $553,050

Investment Income $0

Other Revenue $0

TOTAL REVENUE $553,050

Expense Breakdown

Grants Paid $0

Salaries & Benefits $174,542

Fundraising Expenses $0

Other Expenses $308,589

TOTAL EXPENSES $483,131

Year-over-Year Comparison

	2024	2023	Change
Revenue	$553,050	$538,960	+0.0%
Expenses	$483,131	$527,642	-0.1%
Net Income	$69,919	$11,318	+5.2%

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

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
MARY ESTES HAGGIN	PRESIDENT	5.00	Officer	$0	$0	$0
REBECCA WILKINSON	TREASURER	5.00	Officer	$0	$0	$0
KELLY SHOLLAND	DIRECTOR	0.25	Officer	$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	$553,050	$483,131	$670,721	$69,919
2024	$538,960	$527,642	$622,688	$11,318
2023	$517,150	$444,217	$673,206	$72,933
2022	$473,150	$403,687	$661,855	$69,463
2021	$350,150	$344,691	$653,554	$5,459
2020	$397,297	$365,654	$707,193	$31,643
2019	$452,725	$372,830	$728,579	$79,895
2018	$441,239	$374,356	$705,510	$66,883

LAMBDA ALPHA OF CHI OMEGA HOUSE CORP INC