Civic Intelligence

Pi Lambda Phi Educational Foundation Inc.

990 • Fiscal year 2024 • EIN 22-3115003

Jul 01, 2023 to Jun 30, 2024 • Filed on Feb 16, 2025

12360 Locust StreetBrighton, CO 80602

(703) 774-6545

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

69th percentile

0.11x

Higher debt load relative to assets than 69% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

85th percentile

0.41x

Higher debt load relative to revenue than 85% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

18th percentile

-15%

Higher net margin than 18% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

42nd percentile

1.2%

Faster asset growth than 42% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

68th percentile

23%

Faster revenue growth than 68% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$684,310

Up $7,851 (+1.2%) from 2023

Net Assets

Down

$612,409

Down $5,130 (-0.8%) from 2023

Liabilities

Up

$71,901

Up $12,981 (+22%) from 2023

Revenue

Up

$176,577

Up $32,874 (+23%) from 2023

Expenses

Up

$203,273

Up $43,189 (+27%) from 2023

Net Income

Down

-$26,696

Down $10,315 (-63%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2010: $228,787Net Assets 2010: $228,7872010Assets 2011: $180,276Liabilities 2011: $02011Assets 2012: $204,738Net Assets 2012: $204,7382012Assets 2014: $276,568Liabilities 2014: $0Net Assets 2014: $276,5682014Assets 2015: $304,822Liabilities 2015: $8,444Net Assets 2015: $296,3782015Assets 2016: $312,702Liabilities 2016: $6,610Net Assets 2016: $306,0922016Assets 2017: $267,776Liabilities 2017: $5,651Net Assets 2017: $262,1252017Assets 2018: $274,211Liabilities 2018: $940Net Assets 2018: $273,2712018Assets 2019: $307,317Liabilities 2019: $1,213Net Assets 2019: $306,1042019Assets 2020: $327,890Liabilities 2020: $5,402Net Assets 2020: $322,4882020Assets 2021: $433,589Liabilities 2021: $36,401Net Assets 2021: $397,1882021Assets 2022: $660,178Liabilities 2022: $35,277Net Assets 2022: $624,9012022Assets 2023: $676,459Liabilities 2023: $58,920Net Assets 2023: $617,5392023Assets 2024: $684,310Liabilities 2024: $71,901Net Assets 2024: $612,4092024

Highlighted filing

2024

Assets$684,310
Liabilities$71,901
Net Assets$612,409

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2010: $42,627Expenses 2010: $92,151Net Income 2010: -$49,5242010Revenue 2011: $74,548Expenses 2011: $123,059Net Income 2011: -$48,5112011Revenue 2012: $55,061Expenses 2012: $30,599Net Income 2012: $24,4622012Revenue 2014: $75,182Expenses 2014: $37,522Net Income 2014: $37,6602014Revenue 2015: $86,578Expenses 2015: $67,313Net Income 2015: $19,2652015Revenue 2016: $93,525Expenses 2016: $90,403Net Income 2016: $3,1222016Revenue 2017: $98,703Expenses 2017: $125,196Net Income 2017: -$26,4932017Revenue 2018: $96,185Expenses 2018: $84,801Net Income 2018: $11,3842018Revenue 2019: $76,207Expenses 2019: $51,674Net Income 2019: $24,5332019Revenue 2020: $97,926Expenses 2020: $87,706Net Income 2020: $10,2202020Revenue 2021: $206,433Expenses 2021: $125,310Net Income 2021: $81,1232021Revenue 2022: $375,524Expenses 2022: $86,626Net Income 2022: $288,8982022Revenue 2023: $143,703Expenses 2023: $160,084Net Income 2023: -$16,3812023Revenue 2024: $176,577Expenses 2024: $203,273Net Income 2024: -$26,6962024

Highlighted filing

2024

Revenue$176,577
Expenses$203,273
Net Income-$26,696
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 16, 2025
Return Version
2023v6.0
Gross Receipts
$333,754
Mission and Program Overview

Mission

To fundraise and steward donations of alumni and friends of pilam in order to award scholarships and help fund other educational initiatives for its undergraduate members.

To fundraise and steward donations in order to award scholarships and assist other educuational initiatives of undergraduate members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$584,110$619,349▲ $35,239
Cash and Non-Interest-Bearing Accounts$86,695$56,544▼ $30,151
Investments in Publicly Traded Securities$5,654$7,204▲ $1,550
Accounts Receivable-$1,213-
Total Assets$676,459$684,310▲ $7,851
Liabilities
Accounts Payable and Accrued Expenses$58,920$71,901▲ $12,981
Total Liabilities$58,920$71,901▲ $12,981
Net Assets / Fund Balance
Net Assets With Donor Restrictions$340,794$384,932▲ $44,138
Net Assets Without Donor Restrictions$276,745$227,477▼ $49,268
Total Net Assets Fund Balance$617,539$612,409▼ $5,130
Total Liabilities and Net Assets / Fund Balance$676,459$684,310▲ $7,851

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$121,967--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gary SandersPresident
Travis CollingsVice President
Dan ScottTrustee
Robert KlausnerTrustee
Roger OrloffSecretary
James B Morris JrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$158,728
Program Service Revenue
$0
Investment Income
$17,849
Other Revenue
$0
All Other Contributions
$158,728
Change in Net Assets
$-26,696
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$101,873
Total Fundraising Expense$85,777
Grants and Similar Amounts Paid$66,000
Professional Fundraising Fees$35,400
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$66,000--$66,000
Fees for Services Professional Fundraising--$35,400$35,400
Fees for Services Other-$6,075$19,254$25,329
Fees for Services Accounting-$8,100-$8,100
Information Technology-$7,126-$7,126
Fees for Service Investment Mgmnt Fees-$3,492-$3,492
Insurance-$2,727-$2,727
Fees for Services Legal-$1,771-$1,771
Other Expenses$3,600$500$3,923$500
All Other Expenses-$105-$105
Total Functional Expenses$69,600$47,896$85,777$203,273
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Pi Lambda Phi FraternityGreenwich, CT501(c)(7)GRANT FOR PURPOSES OF PRODUCING AND CONDUCTING THE LEADERSHIP INSTITUTE FOR THE OFFICERS OF THE FRATERNITY'S UNDERGRADUATE CHAPTERS.$42,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$35,400
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Federal form 990 is prepared by the foundation's accountant and is reviewed by the treasurer and other officers of the board of trustees for approval prior to its filing.

Form 990, Part VI, Section C, Line 19

The organization will, upon request, provide copies of the governing documents and financial statements to the public.

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

Roger orloff - 3499 browning lane ne, atlanta, ga 30319. James b. Morris jr. - 201 shetland hills drive, lutherville, md 21093. Dan scott - 22765 woodlawn drive, northbrook, il 60062. Travis collings - 21 wormwood street, unit 503, boston, ma 02210. Robert klausner - 7080 nw 4th st, plantation, fl 33317.

Filing and Contact Details

Filer

Filer Name
Pi Lambda Phi Educational
EIN
22-3115003
Phone
7037746545
Address
12360 LOCUST STREET, BRIGHTON, CO 80602

Signing Officer

Name
James B Morris Jr
Title
Treasurer
Phone
7037746545
Signed
2025-02-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James B Morris Jr
Formed
1991
Legal Domicile
Ct
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Hobe & Lucas Cpas
Address
6000 FREEDOM SQUARE DRIVE 550, INDEPENDENCE, OH 44131
Preparer
David S Baldoza
Phone
2165248900
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Charitable registration fees: program service expenses 0. Management and general expenses 6,075. Fundraising expenses 0. Total expenses 6,075. Fundraising expense: program service expenses 0. Management and general expenses 0. Fundraising expenses 19,254. Total expenses 19,254.

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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DisclosedForCharitablePrpsInd01
IRS990ScheduleD/DisclosedOrgLegCtrlInd01
IRS990ScheduleD/DonorAdvisedFundsContriAmt08071
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt04000
IRS990ScheduleD/DonorAdvisedFundsHeldCnt03
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt088482
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01447
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt145499
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt22664
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt32661
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt43945
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt55304
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt62622
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt75325
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt82654
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt943062
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt102649
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1110774
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt125356
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt135365
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1429252
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1558843
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1613429
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1727512
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt184979
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt196967
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt209729
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2123225
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt226901
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2314077
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2484247
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2528971
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2635441
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2714482
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt28121967
IRS990ScheduleD/OtherSecuritiesGrp/Desc0JPMORGAN TR II
IRS990ScheduleD/OtherSecuritiesGrp/Desc1FIDELITY SALEM S TR TR
IRS990ScheduleD/OtherSecuritiesGrp/Desc2J P MORGAN EXCHANGE
IRS990ScheduleD/OtherSecuritiesGrp/Desc3J P MORGAN EXCHANGE
IRS990ScheduleD/OtherSecuritiesGrp/Desc4J P MORGAN EXCHANGE
IRS990ScheduleD/OtherSecuritiesGrp/Desc5J P MORGAN EXCHANGE
IRS990ScheduleD/OtherSecuritiesGrp/Desc6ISHARES TRUST
IRS990ScheduleD/OtherSecuritiesGrp/Desc7ISHARES TRUST
IRS990ScheduleD/OtherSecuritiesGrp/Desc8PIMCO INCOME FD
IRS990ScheduleD/OtherSecuritiesGrp/Desc9SIX CIRCLES TR
IRS990ScheduleD/OtherSecuritiesGrp/Desc10SIX CIRCLES TR
IRS990ScheduleD/OtherSecuritiesGrp/Desc11SIX CIRCLES TR
IRS990ScheduleD/OtherSecuritiesGrp/Desc12VANGUARD INTERMEDIATE
IRS990ScheduleD/OtherSecuritiesGrp/Desc13VANGUARD SCOTTSDALE FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc14VANGUARD TOTAL BOND
IRS990ScheduleD/OtherSecuritiesGrp/Desc15VANGUARD TOTAL
IRS990ScheduleD/OtherSecuritiesGrp/Desc16SIX CIRCLES TR
IRS990ScheduleD/OtherSecuritiesGrp/Desc17SIX CIRCLES TR
IRS990ScheduleD/OtherSecuritiesGrp/Desc18CHASE DEPOSIT SWEEP MGD
IRS990ScheduleD/OtherSecuritiesGrp/Desc19BLACKROCK FDS V
IRS990ScheduleD/OtherSecuritiesGrp/Desc20ISHARES 20 PLUS YEAR
IRS990ScheduleD/OtherSecuritiesGrp/Desc21ISHARES TRUST
IRS990ScheduleD/OtherSecuritiesGrp/Desc22ISHARES TRUST
IRS990ScheduleD/OtherSecuritiesGrp/Desc23JPMORGAN TR II
IRS990ScheduleD/OtherSecuritiesGrp/Desc24SIX CIRCLES TR
IRS990ScheduleD/OtherSecuritiesGrp/Desc25SIX CIRCLES TR
IRS990ScheduleD/OtherSecuritiesGrp/Desc26VANGUARD BOND INDEX FD
IRS990ScheduleD/OtherSecuritiesGrp/Desc27VANGUARD TOTAL BOND
IRS990ScheduleD/OtherSecuritiesGrp/Desc28VANGUARD TOTAL
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd6F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd7F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd8F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd9F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd10F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd11F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd12F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd13F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd14F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd15F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd16F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd17F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd18F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd19F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd20F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd21F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd22F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd23F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd24F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd25F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd26F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd27F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd28F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0619349
IRS990ScheduleG/AgrmtProfFundraisingActyInd01
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt035400
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0COLUMNS FUNDRAISING LLC
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt02870 PEACHTREE ROAD SUITE 956
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0ATLANTA
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0GA
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd030305
IRS990ScheduleG/LicensedStatesCd0AL
IRS990ScheduleG/LicensedStatesCd1AK
IRS990ScheduleG/LicensedStatesCd2AZ
IRS990ScheduleG/LicensedStatesCd3AR
IRS990ScheduleG/LicensedStatesCd4CA
IRS990ScheduleG/LicensedStatesCd5CO
IRS990ScheduleG/LicensedStatesCd6CT
IRS990ScheduleG/LicensedStatesCd7DE
IRS990ScheduleG/LicensedStatesCd8FL
IRS990ScheduleG/LicensedStatesCd9GA
IRS990ScheduleG/LicensedStatesCd10HI
IRS990ScheduleG/LicensedStatesCd11ID
IRS990ScheduleG/LicensedStatesCd12IL
IRS990ScheduleG/LicensedStatesCd13IN
IRS990ScheduleG/LicensedStatesCd14IA
IRS990ScheduleG/LicensedStatesCd15KS
IRS990ScheduleG/LicensedStatesCd16KY
IRS990ScheduleG/LicensedStatesCd17LA
IRS990ScheduleG/LicensedStatesCd18ME
IRS990ScheduleG/LicensedStatesCd19MD
IRS990ScheduleG/LicensedStatesCd20MA
IRS990ScheduleG/LicensedStatesCd21MI
IRS990ScheduleG/LicensedStatesCd22MN
IRS990ScheduleG/LicensedStatesCd23MS
IRS990ScheduleG/LicensedStatesCd24MO
IRS990ScheduleG/LicensedStatesCd25MT
IRS990ScheduleG/LicensedStatesCd26NE
IRS990ScheduleG/LicensedStatesCd27NV

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.84$0.72$6.12$1.77$2.03$0.27
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.76$0.59$6.18$1.44$1.60$0.16
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.60$0.35$6.25$3.76$0.87$2.89
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.34$0.36$3.97$2.06$1.25$0.81
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.28$0.05$3.22$0.98$0.88$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.07$0.01$3.06$0.76$0.52$0.25
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.74$0.01$2.73$0.96$0.85$0.11
2017Detailed filing. Detailed filing data is available for this year.$2.68$0.06$2.62$0.99$1.25$0.26
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.13$0.07$3.06$0.94$0.90$0.03
2015Detailed filing. Detailed filing data is available for this year.$3.05$0.08$2.96$0.87$0.67$0.19
2014Detailed filing. Detailed filing data is available for this year.$2.77$0.00$2.77$0.75$0.38$0.38
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.05$2.05$0.55$0.31$0.24
2011Summary only. Only limited summary data is available for this year.$1.80$0.00$0.75$1.23$0.49
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.29$2.29$0.43$0.92$0.50