ALPHA KAPPA LAMBDA ALUMNI ASSOC INC

🔒

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

Financial Trends

Organization Details

Formation Year

1938

Legal Domicile

Principal Officer

Scott Hilkert

Phone

8475337179

Tax Period

2023-07-01 to 2024-06-30

ALPHA KAPPA LAMBDA ALUMNI ASSOC INC, founded in 1938, is a small nonprofit that reported $128K in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $124K left a modest 3% surplus.

Mission

Provide Student Housing and facilities for Leadership and Fraternity Programs at Purdue University

Program Service Accomplishments

Program 1

Student housing and facilities for leadership and fraternity programs were provided for 18 Purdue University students residing in the chapter house. Facilities for leadership and fraternity/sorority programs were provided for an additional 40 students residing elsewhere at Purdue University.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $500

Program Service Revenue $127,559

Investment Income $0

Other Revenue $0

TOTAL REVENUE $128,059

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $123,968

TOTAL EXPENSES $123,968

Year-over-Year Comparison

	2023	2022	Change
Revenue	$128,059	$100,727	+0.3%
Expenses	$123,968	$145,318	-0.1%
Net Income	$4,091	$-44,591	-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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
Erich Wurtz	Director	0	Director	$0	$0	$0
Samuel Navin	Director	0	Director	$0	$0	$0
Steven Cox	Director	0	Director	$0	$0	$0
Scott Hilkert	President	2	Officer Director	$0	$0	$0
Mike Szanti	Treasurer	3	Officer Director	$0	$0	$0
Matt Soucy	Vice President	0	Officer Director	$0	$0	$0
Shawn Smith	Director	0	Director	$0	$0	$0
John Paul Clauson	Director	1	Director	$0	$0	$0
Dominick Scholten	Director	3	Director	$0	$0	$0
Vincent O Byrne	Director	3	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
2025	No data	No data	No data	No data
2024	$128,059	$123,968	$1,457,102	$4,091
2023	$100,727	$145,318	$1,490,965	$-44,591
2022	$133,449	$95,495	$1,570,737	$37,954
2021	$125,758	$81,334	$1,566,518	$44,424
2020	$168,748	$144,235	$1,556,449	$24,513
2019	$103,484	$128,913	$1,560,479	$-25,429
2018	$320,436	$299,274	$1,619,149	$21,162