Liabilities / Assets
76th percentile
Higher debt load relative to assets than 76% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.12x
Liabilities / Revenue
86th percentile
Higher debt load relative to revenue than 86% of similar nonprofits.
Net Margin
98th percentile
Higher net margin than 98% of similar nonprofits.
Top Officer Pay
96th percentile
Higher top officer pay than 96% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$215,945
No earlier filing loaded for comparison.
Net Assets
$189,074
No earlier filing loaded for comparison.
Liabilities
$26,871
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$70,483
No earlier filing loaded for comparison.
Expenses
$23,218
No earlier filing loaded for comparison.
Net Income
$47,265
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2018 to Jun 30, 2019
- Signed
- Sep 28, 2020
- Return Version
- 2018v3.0
- Gross Receipts
- $70,483
Mission and Program Overview
Mission
Provide housing and mentorship to undergrad members.
Provide housing and mentorship to undergrad members
Program Services
| Description | Grants | Expenses |
|---|---|---|
| LPEAA continues to provide affordable rental housing, mentorship, and career networking for undergraduate members of the Lambda Phi Epsilon Chapter of Tau Epsilon Phi Fraternity at Clarkson University. Our biggest accomplishment this year is a detailed examination of the property to identify and prioritize needed maintenance and capital improvement projects and beginning a fundraising drive to establish an endowment fund to support the mission of the organization. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| David Hadcock | Property Manager | PT | $8 | $16 | $24 |
| Brian Carroll | Chairman | PT | $0 | - | - |
| Craig Huther | Vice Chairman | PT | $0 | - | - |
| Michael Kabot | Secretary | PT | $0 | - | - |
| Frank Panczyszyn | Treasurer | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Lambda Phi Epsilon Alumni Association
- EIN
- 16-1490004
- Phone
- 3152440172
- Address
- 9 Wedgewood Way, Porter Corners, NY 12859
Signing Officer
- Name
- Jason Rodrigue
- Title
- Treasurer
- Phone
- 3152440172
- Signed
- 2020-09-28
Supplemental Narrative
Additional Explanations
Form 990-EZ, Header, Line B
“One expense accidentally omitted from Line 16. Discrepancy realized when closing the books for FY19 and completing FY19 tax return. Line 39b mistakenly reported gross receipts from club use of club facilities. One loan from an officer was listed as an expense on Line 26, but a Schedule L was not completed.”
Form 990-EZ, Part I, Line 8
“Description;Amount^Unrealized Gains;680^Total;680^”
Form 990-EZ, Part I, Line 16
“Description;Amount^Third party payment processing fees;465|Local Property and School Taxes;5495|Property Insurance;13563|Mortgage Interest;2033|IRS 1024 Application;600|Office Supplies and Software;353^Total;22509^”
Form 990-EZ, Part I, Line 20
“Description;Amount^Form 990 Cumulative Rounding Error;1^Total;1^”
Form 990-EZ, Part II, Line 24
“Description;EOY Amount^Legacy Gift Market Value;14848|Accounts Receivable;3850^Total;18698^”
Form 990-EZ, Part II, Line 26
“Description;EOY Amount^Outstanding Mortgage;11871|Private Party Loan Balance;15000^Total;26871^”
Raw XML Appendix150 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/AmendedReturnInd | 0 | X |
| IRS990EZ/BenefitsPaidToOrForMembersAmt | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Jason Rodrigue |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3152440172 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 9 Wedgewood Way |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Porter Corners |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 12859 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 15852 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 54647 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 33453 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 47265 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 0 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form1120PolFiledInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 179370 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 215945 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GamingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 0 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 70483 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 33453 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 142600 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 142600 |
| IRS990EZ/LoansToFromOfficersAmt | 0 | 15000 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 1 |
| IRS990EZ/MembershipDuesAmt | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 141808 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 189074 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 141808 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 189074 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 373 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 8 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 8 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 12 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 8 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 12 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 8 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 8 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 8 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Brian Carroll |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Craig Huther |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Michael Kabot |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Frank Panczyszyn |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | David Hadcock |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Chairman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Vice Chairman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Property Manager |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 20918 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 18698 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 1 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 22509 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 680 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Provide housing and mentorship to undergrad members |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 336 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 36350 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | LPEAA continues to provide affordable rental housing, mentorship, and career networking for undergraduate members of the Lambda Phi Epsilon Chapter of Tau Epsilon Phi Fraternity at Clarkson University. Our biggest accomplishment this year is a detailed examination of the property to identify and prioritize needed maintenance and capital improvement projects and beginning a fundraising drive to establish an endowment fund to support the mission of the organization. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 0 |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 37562 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 26871 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 23218 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 70483 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 15000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | Property repairs |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 15000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | Frank Panczyszyn |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | Treasurer |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | 1 |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 15000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | One expense accidentally omitted from Line 16. Discrepancy realized when closing the books for FY19 and completing FY19 tax return. Line 39b mistakenly reported gross receipts from club use of club facilities. One loan from an officer was listed as an expense on Line 26, but a Schedule L was not completed. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description;Amount^Unrealized Gains;680^Total;680^ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description;Amount^Third party payment processing fees;465|Local Property and School Taxes;5495|Property Insurance;13563|Mortgage Interest;2033|IRS 1024 Application;600|Office Supplies and Software;353^Total;22509^ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Description;Amount^Form 990 Cumulative Rounding Error;1^Total;1^ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Description;EOY Amount^Legacy Gift Market Value;14848|Accounts Receivable;3850^Total;18698^ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Description;EOY Amount^Outstanding Mortgage;11871|Private Party Loan Balance;15000^Total;26871^ |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Header, Line B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part I, Line 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990-EZ, Part II, Line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990-EZ, Part II, Line 26 |
| ReasonableCauseExplanation/ExplanationTxt | 0 | Minor errors and omissions noticed when preparing the FY19 tax return as follows: One expense accidentally omitted from Line 16. Discrepancy realized when closing the books for FY19 and completing FY19 tax return. Line 39b mistakenly reported gross receipts from club use of club facilities. One loan from an officer was listed as an expense on Line 26, but a Schedule L was not completed. |
| ReturnHeader/BuildTS | 0 | 2021-01-29 14:40:06Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Jason Rodrigue |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3152440172 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-09-28 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LAMBDA PHI EPSILON ALUMNI ASSOCIATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LAMB |
| ReturnHeader/Filer/EIN | 0 | 161490004 |
| ReturnHeader/Filer/PhoneNum | 0 | 3152440172 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 9 Wedgewood Way |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Porter Corners |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 12859 |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 67.242.147.46 |
| ReturnHeader/ReturnTs | 0 | 2020-10-09T10:06:00-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-06-30 |
| ReturnHeader/TaxYr | 0 | 2018 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $215,945
- Liabilities
- $26,871
- Net assets
- $189,074
- Revenue
- $70,483
- Expenses
- $23,218
- Net income
- $47,265