LAMBDA GAMMA OF CHI OMEGA HOUSE CO… - Form 990 Financial Data

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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

1978

Legal Domicile

Principal Officer

HOLLY STANCIL

Phone

8042950244

Tax Period

2023-07-01 to 2024-06-30

LAMBDA GAMMA OF CHI OMEGA HOUSE CORPORATION, founded in 1978, is a small nonprofit that reported $227K in total revenue in fiscal year 2023. The organization ran a surplus of $47K, a strong 21% operating margin.

Mission

TO ACQUIRE AND HOLD TITLE TO REAL ESTATE AND PERSONAL PROPERTY AND TO PROVIDE FOR THE MANAGEMENT AND USE FOR THE SOLE USE AND BENEFIT OF THE LAMBDA GAMMA CHAPTER OF CHI OMEGA FRATERNITY.

Program Service Accomplishments

Program 1

Expenses: $179,014 Revenue: $227,101

COLLEGE STUDENT HOUSING; ORGANIZATION MAINTAINS HOUSING FOR RELATED COLLEGE SORORITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $227,101

Investment Income $35

Other Revenue $0

TOTAL REVENUE $227,136

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $179,014

Other Expenses $179,789

TOTAL EXPENSES $179,789

Year-over-Year Comparison

	2023	2022	Change
Revenue	$227,136	$221,301	+0.0%
Expenses	$179,789	$166,213	+0.1%
Net Income	$47,347	$55,088	-0.1%

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
CHRISTINE TORETTI	DIRECTOR	1.00	Director	$0	$0	$0
HOLLY STANCIL	PRESIDENT	1.00	Officer	$0	$0	$0
LAUREL BRADFORD SMITH	VICE PRESIDENT	1.00	Officer	$0	$0	$0
BRIANNE LACY LEE	TREASURER	1.00	Officer	$0	$0	$0
JENNIFER STEWART PURCELL	SECRETARY	1.00	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
2025	No data	No data	No data	No data
2024	$227,136	$179,789	$1,605,450	$47,347
2023	$221,301	$166,213	$1,589,498	$55,088
2022	$230,033	$166,314	$1,576,491	$63,719
2021	$249,643	$162,842	$1,551,139	$86,801
2020	$169,053	$211,216	$1,515,472	$-42,163
2019	$216,621	$245,026	$1,598,159	$-28,405

LAMBDA GAMMA OF CHI OMEGA HOUSE CORPORATION