PHI LAMBDA EDUCATIONAL FOUNDATION INC (EIN 562002722) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

Mr Orrin Haywood

Phone

9193491992

Tax Period

2022-01-01 to 2022-12-31

PHI LAMBDA EDUCATIONAL FOUNDATION INC, founded in 1997, is a micro nonprofit in the Housing & Shelter sector that reported $78K in total revenue in fiscal year 2022. Revenue surged 254% from the prior year, signaling strong growth momentum. The organization ran a surplus of $24K, a strong 30% operating margin.

Mission

STUDENT AND FAMILY EDUCATION

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $61,326

Program Service Revenue $0

Investment Income $0

Other Revenue $16,402

TOTAL REVENUE $77,728

Expense Breakdown

Grants Paid $6,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,000

Other Expenses $48,171

TOTAL EXPENSES $54,171

Year-over-Year Comparison

	2022	2021	Change
Revenue	$77,728	$21,985	+2.5%
Expenses	$54,171	$24,103	+1.2%
Net Income	$23,557	$-2,118	-12.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
ORRIN HAYWOOD	PRESIDENT	Officer Director	$0	$0	$0
TEJUAN MANNERS	VPRESIDENT	Officer Director	$0	$0	$0
JAMES BRIDGES	TREASURER	Officer Director	$0	$0	$0
JOSEPH SPRINGER	FINANCIAL SECRETARY	Officer Director	$0	$0	$0
ELWOOD BECTON	BOD		$0	$0	$0
PAUL NORMAN	BOD		$0	$0	$0
KENGIE BASS	SECRETARY	Officer Director	$0	$0	$0
PERCY TAYLOR	BOD		$0	$0	$0
RUFUS CREDLE	BOD		$0	$0	$0
EDDIE LAMBERT	BOD		$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	$77,728	$54,171	$311,531	$23,557
2021	$21,985	$24,103	$287,974	$-2,118
2020	$21,340	$17,072	$290,092	$4,268

PHI LAMBDA EDUCATIONAL FOUNDATION INC