KAPPA PHI LAMBDA SORORITY 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

1997

Legal Domicile

Principal Officer

WENDY CHAN

Phone

6072725550

Tax Period

2024-01-01 to 2024-12-31

KAPPA PHI LAMBDA SORORITY INC, founded in 1997, is a small nonprofit in the Education sector that reported $228K in total revenue in fiscal year 2024. Expenses of $219K left a modest 4% surplus.

Mission

TO STRENGTHEN SISTERHOOD AMONGST WOMEN BY PROVIDING SERVICE AND PROMOTING CULTURAL DIVERSITY TO OUR MEMBERS AND OUR COMMUNITY, THUS SECURING THE BOND OF KINSHIP FOR POSTERITY. KAPPA PHI LAMBDA EXISTS TO FURTHER EDUCATE INDIVIDUALS ABOUT PAN-ASISAN CULTURE WHILE KEEPING OUR OWN IDENTITIES. WE AIM FOR EXCELLENCE, KEEPING IN MIND THE IMPORTANCE OF EDUCATION AND LEARNING AS THE KEY TO STRENGTH, AWARENESS, AND FULFILLMENT.

Program Service Accomplishments

Program 1

Expenses: $219,473

CONDUCTED SOCIAL AND OTHER ACTIVITIES TO PROMOTE SISTERHOOD, SERVICE AND CULTURAL DIVERSITY AMONG OUT MEMBERS AND THE GREATER COMMUNITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $219,922

Program Service Revenue $0

Investment Income $8,364

Other Revenue $172

TOTAL REVENUE $228,458

Expense Breakdown

Grants Paid $4,480

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $219,473

Other Expenses $214,993

TOTAL EXPENSES $219,473

Year-over-Year Comparison

	2024	2023	Change
Revenue	$228,458	$212,051	+0.1%
Expenses	$219,473	$186,417	+0.2%
Net Income	$8,985	$25,634	-0.6%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NINA ONDONA	PRESIDENT	5.00	Officer Director	$0	$0	$0
TERI CHING	VP OF STANDARDS	5.00	Officer Director	$0	$0	$0
WENDY CHAN	TREASURER	5.00	Officer Director	$0	$0	$0
SERENA NGUYEN	DIRECTOR	5.00	Officer Director	$0	$0	$0
HEECHO MOON	DIRECTOR	2.50	Director	$0	$0	$0
SARAH ARTHA	DIRECTOR	2.50	Director	$0	$0	$0
KAREN EHEE	DIRECTOR	2.50	Director	$0	$0	$0
REI HIRASAWA	DIRECTOR	2.50	Director	$0	$0	$0
CARYN CHEN	DIRECTOR	2.50	Director	$0	$0	$0
JO VELASCO	DIRECTOR	5.00	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	$228,458	$219,473	$385,798	$8,985
2023	$212,051	$186,417	$376,813	$25,634
2022	$209,889	$188,416	$351,179	$21,473
2021	$383,710	$88,381	$329,706	$295,329
2018	$185,726	$328,878	$64,215	$-143,152