THE GAMMA THETA LAMBDA EDUCATION FOUNDATION

EIN: 311755253 501(c)(3) Education

WILMINGTON, DE

Total Revenue
$24,469
Total Expenses
$35,662
Total Assets
$354,654
Net Assets
$354,654
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
DE
Principal Officer
KEVIN P MCALLISTER
Phone
4093509759
Tax Period
2024-07-01 to 2025-06-30

THE GAMMA THETA LAMBDA EDUCATION FOUNDATION, founded in 2000, is a micro nonprofit in the Education sector that reported $24K in total revenue in fiscal year 2024. Revenue fell 86% from the prior year — a significant decline worth monitoring. Expenses of $36K exceeded revenue, resulting in a 46% operating deficit.

Mission

PROVIDE SCHOLARSHIPS TO GRADUATING HS SENIORS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $113,187
Program Service Revenue $0
Investment Income $8,222
Other Revenue $-96,940
TOTAL REVENUE $24,469

Expense Breakdown

Grants Paid $12,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $12,500
Other Expenses $23,162
TOTAL EXPENSES $35,662

Year-over-Year Comparison

2024 2023 Change
Revenue $24,469 $172,443 -0.9%
Expenses $35,662 $27,302 +0.3%
Net Income $-11,193 $145,141 -1.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
4
Independent Members
4
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN MCALLISTER PRESIDENT 20
Officer
$0 $0 $0
KEVIN RICHARDSON VICE PRESIDENT 20
Officer
$0 $0 $0
KEITH PETTIFORD SECRETARY 20
Officer
$0 $0 $0
KURT LANE TREASURER 20
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 $24,469 $35,662 $354,654 $-11,193
2024 $172,443 $27,302 $365,847 $145,141
2023 $147,007 $14,012 $220,705 $132,995
Explore More Nonprofits
→Top 100 Nonprofits in Delaware →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THE GAMMA THETA LAMBDA EDUCATION FOUNDATION with other nonprofits in Delaware and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.