ETA LAMBDA FACILITIES CORP OF KAPPA ALPHA THETA (EIN 510513776) - 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

2004

Legal Domicile

Principal Officer

LEAH HARTMAN

Phone

3178761870

Tax Period

2024-07-01 to 2025-06-30

ETA LAMBDA FACILITIES CORP OF KAPPA ALPHA THETA, founded in 2004, is a small nonprofit in the Education sector that reported $247K 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 $51K, a strong 21% operating margin.

Mission

TO PROVIDE HOUSING

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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 $0

Program Service Revenue $247,394

Investment Income $0

Other Revenue $0

TOTAL REVENUE $247,394

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,488

Fundraising Expenses $0

Other Expenses $187,122

TOTAL EXPENSES $196,610

Year-over-Year Comparison

	2024	2023	Change
Revenue	$247,394	$329,239	-0.2%
Expenses	$196,610	$277,760	-0.3%
Net Income	$50,784	$51,479	0.0%

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

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

$1,075,858

Total Directors

$248,118

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNI SCHMALTZ	CEO/SECRETARY	0.10	Officer Director	$0	$23,211	$248,118
LEAH HARTMAN	PRESIDENT	0.10	Officer Director	$0	$0	$0
KELLIE DICKERSON	VICE PRESIDENT/TREASURER	0.10	Officer Director	$0	$0	$0
NICOLE FRANK	VICE PRESIDENT	0.10	Officer Director	$0	$0	$0
JEFFREY RISSER	CHIEF FINANCIAL OFFICER	0.30	Officer	$0	$20,956	$182,276
TERESA SMITH	EXECUTIVE DIRECTOR	0.10	Officer	$0	$22,398	$137,313
MINDY MARSHALL	CHIEF ADMINISTRATION OFFICER	0.10	Officer	$0	$17,476	$140,243
HEATHER DARRING	CHIEF INFORMATION OFFICER	0.10	Officer	$0	$21,475	$111,209
JULIANNE BUTLER	CHIEF MARKETING OFFICE	0.10	Officer	$0	$17,140	$135,937
MELISSA SHAUB	DIRECTOR OF EDUCATION AND LEADERSHIP	0.10	Officer	$0	$16,154	$120,762

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	$247,394	$196,610	$606,139	$50,784
2024	$329,239	$277,760	$105,335	$51,479
2023	$307,983	$310,456	$245,841	$-2,473
2022	$310,147	$288,400	$111,870	$21,747
2021	$165,017	$243,763	$194,010	$-78,746

ETA LAMBDA FACILITIES CORP OF KAPPA ALPHA THETA