KAPPA LAMBDA CHI MILITARY FRATERNITY INC (EIN 463375471) - Form 990 Financial Analysis & Trantor Score

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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

2013

Legal Domicile

Principal Officer

BRUCE NICHOLS

Phone

6789748634

Tax Period

2022-01-01 to 2022-12-31

KAPPA LAMBDA CHI MILITARY FRATERNITY INC, founded in 2013, is a small nonprofit in the Public & Societal Benefit sector that reported $369K in total revenue in fiscal year 2022. Revenue fell 30% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $77K, a strong 21% operating margin.

Mission

FORMED AS AN ALTERNATIVE TO TRADITIONAL ORGANIZATIONS FOR MALE SERVICE MEMBERS, WE OFFER MEMBERSHIP IN A GREEK-LETTER MILITARY FRATERNITY THAT IS SECOND TO NONE. THROUGH OUR LOCAL CHAPTERS WE ASPIRE TO UNITE MALE SERVICE MEMBERS OF ALL BRANCHES OF THE UNITED STATES ARMED FORCES. LOCAL CHAPTERS MEET LOCALLY TWICE PER MONTH, AND ONCE NATIONALLY DURING OUR "RETREAT". THE FIRST MEETING OF EVERY MONTH IS BUSINESS-RELATED & THE SECOND MEETING IS SOCIAL. DURING OUR ANNUAL RETREAT FRATERNITY MEMBERS FROM ACROSS THE GLOBE ARE INVITED TO UNITE IN THE NAME OF BROTHERHOOD.

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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 (2022)

Revenue Breakdown

Contributions & Grants $73,801

Program Service Revenue $294,462

Investment Income $688

Other Revenue $381

TOTAL REVENUE $369,332

Expense Breakdown

Grants Paid $35,573

Salaries & Benefits $0

Fundraising Expenses $15,707

Program Expenses $131,374

Other Expenses $255,771

TOTAL EXPENSES $292,369

Year-over-Year Comparison

	2022	2021	Change
Revenue	$369,332	$531,348	-0.3%
Expenses	$292,369	$500,286	-0.4%
Net Income	$76,963	$31,062	+1.5%

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

1180

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
ZACHARY WYATT II	CO-FOUNDER	20	Officer Director	$0	$0	$0
WILLIAM DICKEY	CO-FOUNDER	20	Officer Director	$0	$0	$0
JAMES JACKSON	CO-FOUNDER	20	Officer Director	$0	$0	$0
BERNARD JOHNSON	PRESIDENT AND CEO	40	Officer	$0	$0	$0
SHANNON LEE	VICE PRESIDENT	40	Officer	$0	$0	$0
ALEX GREER	CHIEF FINANCIAL OFFICER	40	Officer	$0	$0	$0
DONALD THOMAS	CHIEF OF STAFF	40	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
2022	$369,332	$292,369	$391,973	$76,963
2021	$531,348	$500,286	$318,911	$31,062
2020	$385,213	$301,160	$283,332	$84,053
2019	$508,372	$564,330	$198,329	$-55,958
2018	$351,085	$310,723	$245,926	$40,362

KAPPA LAMBDA CHI MILITARY FRATERNITY INC