MU LAMBDA FOUNDATION

EIN: 521912258 501(c)(3) Education

WASHINGTON, DC

Total Revenue
$201,658
Total Expenses
$373,183
Total Assets
$268,216
Net Assets
$268,216
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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
1994
Legal Domicile
DC
Phone
2022913129
Tax Period
2023-01-01 to 2023-12-31

MU LAMBDA FOUNDATION, founded in 1994, is a small nonprofit in the Education sector that reported $202K in total revenue in fiscal year 2023. Revenue surged 591% from the prior year, signaling strong growth momentum. Expenses of $373K exceeded revenue, resulting in a 85% operating deficit.

Mission

THE PURPOSE OF THE FOUNDATION A 501C3 ORGANIZATION IS TO PROMOTE CHARITABLE EDUCATIONAL SCIENTIFIC AND LITERARY PURPOSES.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $199,924
Program Service Revenue $1,734
Investment Income $0
Other Revenue $0
TOTAL REVENUE $201,658

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $116,389
Program Expenses $5,377
Other Expenses $373,183
TOTAL EXPENSES $373,183

Year-over-Year Comparison

2023 2022 Change
Revenue $201,658 $29,197 +5.9%
Expenses $373,183 $177,667 +1.1%
Net Income $-171,525 $-148,470 +0.2%
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

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Governance

Voting Members
15
Independent Members
N/A
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
0
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RYLE BELL TRUSTEE 2.00
Director
$0 $0 $0
ARANTHAN JONES II TRUSTEE 2.00
Director
$0 $0 $0
KENT BENJAMIN TRUSTEE 2.00
Director
$0 $0 $0
BRIAN INGRAM TRUSTEE 2.00
Director
$0 $0 $0
HORACE DAWSON JR TRUSTEE 2.00
Director
$0 $0 $0
RYLAN HARRIS TRUSTEE 2.00
Director
$0 $0 $0
DEEZMOD EVANS TRUSTEE 2.00
Director
$0 $0 $0
WILLIAM HAWKINS TRUSTEE 2.00
Director
$0 $0 $0
CHRISTOPHER BUTTS TRUSTEE 2.00
Director
$0 $0 $0
ALBERT WILLIAMS JR TRUSTEE 2.00
Director
$0 $0 $0
MIKAEL LAROCHE TRUSTEE 2.00
Director
$0 $0 $0
LEROY LOWERY III PRESIDENT 4.00
$0 $0 $0
JUAN POWELL VICE PRESIDENT 2.00
$0 $0 $0
CHATMAN YOUNG TREASURER 2.00
$0 $0 $0
DANIEL MUSHALA TREASURER 2.00
$0 $0 $0
JAMES HARMON TREASURER 2.00
$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 No data No data No data No data
2023 $201,658 $373,183 $268,216 $-171,525
2023 $201,658 $373,183 $268,216 $-171,525
2022 $29,197 $177,667 $439,740 $-148,470
2021 $358,009 $88,689 $588,210 $269,320
2020 $27,056 $11,309 $583,161 $15,747
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