Alpha Kappa Lambda Building Association (EIN 480544829) - 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

1949

Legal Domicile

Principal Officer

Joseph D Prelogar

Phone

8168098000

Tax Period

2024-07-01 to 2025-06-30

Alpha Kappa Lambda Building Association, founded in 1949, is a small nonprofit that reported $250K in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $55K, a strong 22% operating margin.

Mission

Fraternity housing and related activities

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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 $259,680

Program Service Revenue $0

Investment Income $1,808

Other Revenue $-11,800

TOTAL REVENUE $249,688

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $400

Other Expenses $194,761

TOTAL EXPENSES $194,761

Year-over-Year Comparison

	2024	2023	Change
Revenue	$249,688	$334,968	-0.3%
Expenses	$194,761	$111,727	+0.7%
Net Income	$54,927	$223,241	-0.8%

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

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

$13

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MAXWELL FLOWER	Chapter advisor	5.00	Director	$1	$3	$7
JOSEPH HATZFELD	Rush advisor	3.00	Director	$0	$3	$6
MARK A MEARS	President	0.00	Officer Director	$0	$0	$0
JOHN A YORKE	VicePresident	0.00	Officer Director	$0	$0	$0
ROGER B WILLIAMS	Secretary	0.00	Officer Director	$0	$0	$0
MAXWELL MCCLELLAN	Director	0.00	Director	$0	$0	$0
BENJAMINE BERARDI	Director	0.00	Director	$0	$0	$0
BRANDON MAGAZINE	Director	0.00	Director	$0	$0	$0
JOSEPH D PRELOGAR	Treasurer	0.00	Officer 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	$249,688	$194,761	$966,091	$54,927
2024	$334,968	$111,727	$874,383	$223,241
2023	$237,268	$88,653	$726,875	$148,615
2021	$158,613	$74,757	$427,469	$83,856

Alpha Kappa Lambda Building Association