Lambda Chi Alpha Fraternity Inc

EIN: 350459180

Carmel, IN

Total Revenue
$7,848,992
Total Expenses
$8,076,755
Total Assets
$6,659,087
Net Assets
$553,404
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1909
Legal Domicile
IN
Principal Officer
Jeff Morris
Phone
3178728000
Tax Period
2023-07-01 to 2024-06-30

Lambda Chi Alpha Fraternity Inc, founded in 1909, is a community nonprofit that reported $7.8M in total revenue in fiscal year 2023.

Mission

Our mission is to inspire and equip collegiate men to lead an ethical life of growth, service, and leadership. To accomplish this, our activities focus on providing educational chapter management experiences, increased alumni volunteer participation, a healthy and international headquarters while also preserving historical documents, preparing fraternity periodicals and educational materials and the support of educational and risk management programs.

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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 $983,079
Program Service Revenue $6,747,571
Investment Income $20,497
Other Revenue $97,845
TOTAL REVENUE $7,848,992

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,459,849
Fundraising Expenses $0
Other Expenses $4,616,906
TOTAL EXPENSES $8,076,755

Year-over-Year Comparison

2023 2022 Change
Revenue $7,848,992 $7,757,361 +0.0%
Expenses $8,076,755 $9,318,779 -0.1%
Net Income $-227,763 $-1,561,418 -0.9%
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
15
Independent Members
15
Employees
64
Volunteers
1500

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
8
$672,504
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Samuel Oliver Vice Chairman 2.00
Officer Director
$0 $0 $0
Scott Jackson Secretary 2.00
Officer Director
$0 $0 $0
Steve Pattison Chairman 2.00
Officer Director
$0 $0 $0
Lenard Bendo Director 2.00
Director
$0 $0 $0
Greg Castanias Director 2.00
Director
$0 $0 $0
Frederick Kam Jr Director 2.00
Director
$0 $0 $0
Christopher Meyer Treasurer 2.00
Officer Director
$0 $0 $0
Orlando Rummans Director 2.00
Director
$0 $0 $0
Steve Swafford Director 2.00
Director
$0 $0 $0
Ethan Koren Director 2.00
Director
$0 $0 $0
Michael Brady Director 2.00
Director
$0 $0 $0
Paul Troy Jr Director 2.00
Director
$0 $0 $0
Michael Pagan Director 2.00
Director
$0 $0 $0
Wyatt Slonneger Director 2.00
Director
$0 $0 $0
Yoani Suarez Director 2.00
Director
$0 $0 $0
Troy Medley Chief Executive Officer 40.00
Officer
$314,293 $41,416 $355,709
Tony Robinson - Exit 1023 Chief Financial Officer 40.00
Officer
$120,374 $22,666 $143,040
Justin Fisher Chief Operating Officer 40.00
Officer
$135,454 $24,301 $159,755
Jeff Morris - Start 1123 Chief Financial Officer 40.00
Officer
$14,000 $0 $14,000
Tad Lichtenauer Chief Marketing Officer 40.00
Highest
$123,490 $29,730 $153,220
Sarah Rosenberger-Exit 0524 Director of Strategic Marketing 40.00
Highest
$120,767 $14,307 $135,074
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 No data No data No data No data
2024 $7,848,992 $8,076,755 $6,659,087 $-227,763
2023 $7,757,361 $9,318,779 $6,329,265 $-1,561,418
2022 $7,162,533 $9,895,761 $5,400,944 $-2,733,228
2021 $6,798,372 $6,463,370 $7,623,862 $335,002
2020 $5,969,909 $6,337,189 $5,804,314 $-367,280
2019 $5,922,442 $6,713,503 $5,732,790 $-791,061
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