Liabilities / Assets
61st percentile
Higher debt load relative to assets than 61% of similar nonprofits.
990 • Fiscal year 2023 • EIN 31-1114431
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
61st percentile
Higher debt load relative to assets than 61% of similar nonprofits.
Liabilities / Revenue
68th percentile
Higher debt load relative to revenue than 68% of similar nonprofits.
Net Margin
28th percentile
Higher net margin than 28% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
44th percentile
Faster asset growth than 44% of similar nonprofits.
Revenue Growth
51st percentile
Faster revenue growth than 51% of similar nonprofits.
Assets
Down$402,369
Down $5,627 (-1.4%) from 2022
Net Assets
Down$401,675
Down $5,627 (-1.4%) from 2022
Liabilities
Flat$694
Flat from 2022
Revenue
Up$61,243
Up $3,028 (+5.2%) from 2022
Expenses
Down$66,870
Down $5,577 (-7.7%) from 2022
Net Income
Up-$5,627
Up $8,605 (+60%) from 2022
To ensure the fraternity of alpha kappa lamda realizes its vision of
EDUCATIONAL GRANTMAKING
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $234,560 | $228,432 | ▼ $6,128 |
| Cash and Non-Interest-Bearing Accounts | $118,946 | $136,155 | ▲ $17,209 |
| Investments in Publicly Traded Securities | $34,053 | $37,782 | ▲ $3,729 |
| Accounts Receivable | $20,437 | $0 | ▼ $20,437 |
| Total Assets | $407,996 | $402,369 | ▼ $5,627 |
| Liabilities | |||
| Other Liabilities | $694 | $694 | → $0 |
| Accounts Payable and Accrued Expenses | $0 | $0 | → $0 |
| Total Liabilities | $694 | $694 | → $0 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $357,832 | $352,760 | ▼ $5,072 |
| Net Assets Without Donor Restrictions | $49,470 | $48,915 | ▼ $555 |
| Total Net Assets Fund Balance | $407,302 | $401,675 | ▼ $5,627 |
| Total Liabilities and Net Assets / Fund Balance | $407,996 | $402,369 | ▼ $5,627 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $141,976 | $82,284 | $224,260 |
| Land | $85,100 | - | $85,100 |
| Equipment | $0 | $6,347 | $6,347 |
| Other Land Buildings | $1,356 | $4,316 | $5,672 |
| Name | Title |
|---|---|
| Matthew Gatrell | President |
| John Abshear | Director |
| Richard Cruz | Director |
| Timothy Coburn | Director |
| Tony Viviano | Director |
| Jeremy Slivinski | Chief Operating Officer |
| R Keith Gilchrist | Secretary |
| Robert Cerami | Treasurer |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $45,295 |
| Other Expenses | $13,575 |
| Total Fundraising Expense | $11,719 |
| Professional Fundraising Fees | $8,000 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $35,000 | - | - | $35,000 |
| Grants to Domestic Individuals | $10,295 | - | - | $10,295 |
| Fees for Services Professional Fundraising | - | - | $8,000 | $8,000 |
| Fees for Services Accounting | $0 | $5,085 | $0 | $5,085 |
| Other Expenses | $0 | $497 | $1,976 | $2,473 |
| Insurance | $0 | $2,000 | $0 | $2,000 |
| All Other Expenses | $0 | $1,988 | $0 | $1,988 |
| Total Functional Expenses | $45,295 | $9,856 | $11,719 | $66,870 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| The Fraternity of Alpha Kappa Lambda | Carmel, IN | 501(c)(7) | Educational and Leadership Programs | $35,000 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $8,000 |
| Liability | Amount |
|---|---|
| Chapter Deposits | $694 |
“The foundation board elects its own members, except during the biennial meeting where any donor can vote. At that time, the officers are elected as well as any member whose term has expired.”
“At the biennial business meeting, donors from the previous fiscal year can vote on new board members. Aside from the biennial business meetings, all board members are nominated and approved by the board.”
“A draft of the form 990 was provided to the members of the board of directors for review prior to its filing.”
“The foundation annually requires all board of directors to disclose any potential conflicts of interest through a questionnaire.”
“The executive director of the akl fraternity serves as the chief operating officer of the foundation and he is paid by the fraternity. His compensation is reviewed and approved by members of the executive committee with consideration of compensation levels at comparable organizations, size of the organization, industry surveys and other factors.”
“The foundation makes its governing documents, conflict of interest policy, financial information and tax returns available to the public upon request.”
“Same response as part vi, line 15a”
“Explanation: funds of certain inactive chapters are held by the foundation, pending reactivation of the chapters. Trust account agreements exist with the respective alumni chapters regarding the terms and use of these funds. Funds are held in joint accounts with the alumni chapters and contain various provisions for holding periods and ultimate disposition of funds held.”
“Explanation: the foundation has evaluated tax positions taken in the tax returns filed and has determined that there are no uncertain tax position as defined by generally accepted accounting standards. Under a three-year statute of limitations, the foundation remains subject to examination by the internal revenue service for the years ended december 31, 2021 through december 31, 2023.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 0 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 20437 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | EDUCATIONAL GRANTMAKING |
| IRS990/AllOtherContributionsAmt | 0 | 31969 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1988 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 1988 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | JEREMY SLIVINSKI |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3175648003 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 345 GRADLE DRIVE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | CARMEL |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 46032 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 118946 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 136155 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 31969 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 45295 |
| IRS990/CYInvestmentIncomeAmt | 0 | 4803 |
| IRS990/CYOtherExpensesAmt | 0 | 13575 |
| IRS990/CYOtherRevenueAmt | 0 | 24471 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -5627 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 66870 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 11719 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 8000 |
| IRS990/CYTotalRevenueAmt | 0 | 61243 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | TO PROVIDE EDUCATIONAL OPPORTUNITIES TO STUDENTS AND SCHOLARSHIP FUNDS TO EDUCATIONAL INSTITUTIONS AND THE UNDERGRADUATE INTRAFRATERNITY INSITITUTE. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 357832 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 352760 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 6495 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 5085 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 5085 |
| IRS990/FeesForServicesProfFundraising/FundraisingAmt | 0 | 8000 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 8000 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 8.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | MATTHEW GATRELL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | TIMOTHY COBURN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | R KEITH GILCHRIST |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JEREMY SLIVINSKI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | TONY VIVIANO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | JOHN ABSHEAR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | ROBERT CERAMI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | RICHARD CRUZ |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | CHIEF OPERATING OFFICER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1983 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GrantAmt | 0 | 6495 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 10295 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 10295 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 35000 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 35000 |
| IRS990/GrantsToIndividualsInd | 0 | true |
| IRS990/GrantsToOrganizationsInd | 0 | true |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 70896 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 34124 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 0 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 2000 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 2000 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 4803 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 4803 |
| IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 34053 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 37782 |
| IRS990/IRPDocumentCnt | 0 | 1 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 92947 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 234560 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 228432 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 321379 |
| IRS990/LegalDomicileStateCd | 0 | IN |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 9653 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | EDUCATIONAL GRANTMAKING |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 407302 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 401675 |
| IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt | 0 | 24471 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 24471 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 49470 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 48915 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherExpensesGrp/Desc | 0 | APPEAL MATERIALS/SUPPLIES |
| IRS990/OtherExpensesGrp/Desc | 1 | APPEAL PROCESSING FEES |
| IRS990/OtherExpensesGrp/Desc | 2 | BANK FEES |
| IRS990/OtherExpensesGrp/Desc | 3 | PRINTING AND PUBLICATIONS |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 835 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 908 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 3 | 1976 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 286 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 497 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 0 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 0 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 0 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 835 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 908 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 286 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 2473 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 694 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 694 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | JEREMY D SLIVINSKI |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | TO PROVIDE FUNDING FOR ATTENDEES TO PARTICIPATE IN EDUCATIONAL AND LEADERSHIP PROGRAMS THROUGH THE FRATERNITY OF ALPHA KAPPA LAMBDAS REGIONAL LEADERSHIP CONFERENCES, CHAPTER PRESIDENTS ACADEMY AND NATIONAL CONCLAVE. THE FOUNDATION ALSO MAKES GRANTS TO THE FRATERNITY OF ALPHA KAPPA LAMBDA FOR EDUCATIONAL PURPOSES INCLUDING ALCOHOL SAFETY PROGRAMS. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 38800 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 38800 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | THE FOUNDATION ACCEPTS RESTRICTED GIFTS FOR CHAPTER PURPOSE FUNDS. THESE FUNDS ARE USED FOR ANNUAL SCHOLARSHIPS, LEADERSHIP PROGRAMS, AND QUALIFIED INFRASTRUCTURE IMPROVEMENTS. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy3Grp/GrantAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy3Grp/RevenueAmt | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 35660 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 54186 |
| IRS990/PYInvestmentIncomeAmt | 0 | -5084 |
| IRS990/PYOtherExpensesAmt | 0 | 10211 |
| IRS990/PYOtherRevenueAmt | 0 | 27639 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -14232 |
| IRS990/PYTotalExpensesAmt | 0 | 72447 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 8050 |
| IRS990/PYTotalRevenueAmt | 0 | 58215 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -5627 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 24471 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 31969 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 35660 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 44499 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 37289 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 40111 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 189528 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 38927 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 29040 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 38781 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 37684 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 37745 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 182177 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.50990 |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.57660 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 189528 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 31969 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 35660 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 44499 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 37289 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 40111 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 189528 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 371705 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 141976 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 82284 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 224260 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 6347 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 6347 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 85100 |
| IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 85100 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 1356 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 4316 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 5672 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 694 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | CHAPTER DEPOSITS |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | EXPLANATION: FUNDS OF CERTAIN INACTIVE CHAPTERS ARE HELD BY THE FOUNDATION, PENDING REACTIVATION OF THE CHAPTERS. TRUST ACCOUNT AGREEMENTS EXIST WITH THE RESPECTIVE ALUMNI CHAPTERS REGARDING THE TERMS AND USE OF THESE FUNDS. FUNDS ARE HELD IN JOINT ACCOUNTS WITH THE ALUMNI CHAPTERS AND CONTAIN VARIOUS PROVISIONS FOR HOLDING PERIODS AND ULTIMATE DISPOSITION OF FUNDS HELD. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | EXPLANATION: THE FOUNDATION HAS EVALUATED TAX POSITIONS TAKEN IN THE TAX RETURNS FILED AND HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITION AS DEFINED BY GENERALLY ACCEPTED ACCOUNTING STANDARDS. UNDER A THREE-YEAR STATUTE OF LIMITATIONS, THE FOUNDATION REMAINS SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR THE YEARS ENDED DECEMBER 31, 2021 THROUGH DECEMBER 31, 2023. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt IV, Line 2b |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Pt X, Line 2 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 228432 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 694 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | true |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt | 0 | 5795 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt | 1 | 4500 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 0 | SCHOLARSHIPS |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 1 | GRANT (BETA GAMMA) |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 0 | 16 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 1 | 1 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 35000 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | 501(C)(7) |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | EDUCATIONAL AND LEADERSHIP PROGRAMS |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | THE FRATERNITY OF ALPHA KAPPA LAMBDA |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 941134660 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 504 GRADLE DRIVE |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | CARMEL |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | IN |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 46032 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | GRANTS AWARDED AND PAID TO ORGANIZATIONS ARE BASED ON DOCUMENTATION OF EXPENDITURES OR ARE PAID DIRECTLY TO THE THIRD PARTY. SCHOLARSHIPS ARE AWARDED AND PAID DIRECTLY TO THE RECIPIENTS. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt I Line 2 |
| IRS990ScheduleI/Total501c3OrgCnt | 0 | 0 |
| IRS990ScheduleI/TotalOtherOrgCnt | 0 | 1 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE FOUNDATION BOARD ELECTS ITS OWN MEMBERS, EXCEPT DURING THE BIENNIAL MEETING WHERE ANY DONOR CAN VOTE. AT THAT TIME, THE OFFICERS ARE ELECTED AS WELL AS ANY MEMBER WHOSE TERM HAS EXPIRED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | AT THE BIENNIAL BUSINESS MEETING, DONORS FROM THE PREVIOUS FISCAL YEAR CAN VOTE ON NEW BOARD MEMBERS. ASIDE FROM THE BIENNIAL BUSINESS MEETINGS, ALL BOARD MEMBERS ARE NOMINATED AND APPROVED BY THE BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | A DRAFT OF THE FORM 990 WAS PROVIDED TO THE MEMBERS OF THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO ITS FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE FOUNDATION ANNUALLY REQUIRES ALL BOARD OF DIRECTORS TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST THROUGH A QUESTIONNAIRE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE EXECUTIVE DIRECTOR OF THE AKL FRATERNITY SERVES AS THE CHIEF OPERATING OFFICER OF THE FOUNDATION AND HE IS PAID BY THE FRATERNITY. HIS COMPENSATION IS REVIEWED AND APPROVED BY MEMBERS OF THE EXECUTIVE COMMITTEE WITH CONSIDERATION OF COMPENSATION LEVELS AT COMPARABLE ORGANIZATIONS, SIZE OF THE ORGANIZATION, INDUSTRY SURVEYS AND OTHER FACTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL INFORMATION AND TAX RETURNS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | SAME RESPONSE AS PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt VI, Line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Pt VI, Line 7a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Pt VI, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Pt VI, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Pt VI, Line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Pt VI, Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Pt VI, Line 15b |
| IRS990ScheduleR/AssetExchangeInd | 0 | false |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | false |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | false |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | false |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | false |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | true |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | false |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | NA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | THE FRATERNITY OF ALPHA KAPPA LAMBDA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 941134660 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)7 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | IN |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | EDUCATIONAL AND LEADERSHIP PROGRAMS |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 354 GRADLE DRIVE |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | CARMEL |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | IN |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 46032 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | false |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | false |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | false |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | false |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | false |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | false |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | false |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | true |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | true |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | false |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | true |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | false |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | false |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | IN |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 407996 |
| IRS990/TotalAssetsEOYAmt | 0 | 402369 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 407996 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 402369 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.