LAMBDA CHI ALPHA IOTA MU ZETA HOUSE CORPORATION

EIN: 311076749

EVANSVILLE, IN

Total Revenue
$138,411
Total Expenses
$99,053
Total Assets
$987,110
Net Assets
$987,110
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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
1956
Legal Domicile
IN
Principal Officer
BRADLEY JOHNSTON
Phone
8124772244
Tax Period
2023-09-01 to 2024-08-31

LAMBDA CHI ALPHA IOTA MU ZETA HOUSE CORPORATION, founded in 1956, is a small nonprofit that reported $138K in total revenue in fiscal year 2023. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $39K, a strong 28% operating margin.

Mission

OWN AND OPERATE COLLEGE FRATERNITY HOUSE

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $121,795
Investment Income $16,616
Other Revenue $0
TOTAL REVENUE $138,411

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $99,053
TOTAL EXPENSES $99,053

Year-over-Year Comparison

2023 2022 Change
Revenue $138,411 $95,057 +0.5%
Expenses $99,053 $82,067 +0.2%
Net Income $39,358 $12,990 +2.0%
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

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Governance

Voting Members
2
Independent Members
2
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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRADLEY JOHNSTON PRESIDENT 1.00
Officer Director
$0 $0 $0
DAVID GOLDENBERG VICE PRESIDENT 1.00
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 $138,411 $99,053 $987,110 $39,358
2023 $95,057 $82,067 $947,752 $12,990
2022 $187,806 $87,353 $934,762 $100,453
2021 $34,213 $69,853 $834,309 $-35,640
2020 $107,953 $84,737 $869,949 $23,216
2019 $127,895 $108,712 $846,729 $19,183
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