Lambda Chi Alpha Fraternity Inc

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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

1909

Legal Domicile

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 safe chapter environment, partnerships with host institutions, and an emphasis on higher average chapter size.

Program Service Accomplishments

Program 1

Chapter support involves virtual coaching model where Fraternity team members conduct regular visits with key officer positions within the each chapter. Onsite visits to chapters are conducted when recommended based on the individual needs of the chapter. The health and wellness team provides resources and tools and liability coverage through a third party insurance agency.

Program 2

Learning Outcomes designs and develops extensive in-person and online training solutions for chapters and alumni. Ranging from online individual training and group-based activities, to in the room...

Learning Outcomes designs and develops extensive in-person and online training solutions for chapters and alumni. Ranging from online individual training and group-based activities, to in the room small and large group sessions (with a maximum of approximately 200 participants), Learning Outcomes offers a variety of solutions to meet the needs of our members.

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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 (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

Governance

Voting Members

Independent Members

Employees

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

$672,504

Total Directors

Key Employees

Highest Compensated

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