GAMMA401 FOUNDATION INC

EIN: 824069853 501(c)(3) Education

SPRING GROVE, IL

Total Revenue
$82,665
Total Expenses
$69,677
Total Assets
$1,012,930
Net Assets
$1,012,930
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
IL
Principal Officer
THOMAS FRANZ
Phone
8156753505
Tax Period
2024-07-01 to 2025-06-30

GAMMA401 FOUNDATION INC, founded in 2018, is a micro nonprofit in the Education sector that reported $83K in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $13K, a strong 16% operating margin.

Mission

To financially support the charitable and educational purposes of the Fraternity of Alpha Kappa Lambda, Gamma Chapter, located at the University of Illinois, Champaign-Urbana. Our mission is to provide young men with financial support and guidance for career and character development initiatives that are consistent with our five ideals: leadership, scholarship, Christian-Judeo principles, self-support, and loyalty.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $82,665
Other Revenue $0
TOTAL REVENUE $82,665

Expense Breakdown

Grants Paid $64,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $64,500
Other Expenses $5,177
TOTAL EXPENSES $69,677

Year-over-Year Comparison

2024 2023 Change
Revenue $82,665 $59,431 +0.4%
Expenses $69,677 $33,239 +1.1%
Net Income $12,988 $26,192 -0.5%
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
3
Independent Members
N/A
Employees
N/A
Volunteers
3

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFREY KAPLAN President 1.00
Officer Director
$0 $0 $0
THOMAS FRANZ Treasurer 2.00
Officer Director
$0 $0 $0
CHRIS DISHER Director 1.00
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 $82,665 $69,677 $1,012,930 $12,988
2024 $59,431 $33,239 $999,942 $26,192
2023 $33,542 $23,091 $973,750 $10,451
2022 $46,271 $33,579 $963,299 $12,692
2021 $21,377 $3,742 $950,607 $17,635
2020 $886,199 $924 $932,972 $885,275
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