Civic Intelligence

Kappa Lambda Chi Military Fraternity Inc.

990 • Fiscal year 2018 • EIN 46-3375471

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 18, 2020

1925 Faison HwyClinton, NC 28328

(910) 964-4878

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

66th percentile

11%

Higher net margin than 66% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

71st percentile

18%

Faster asset growth than 71% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

52nd percentile

2.5%

Faster revenue growth than 52% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$245,926

Up $38,188 (+18%) from 2017

Net Assets

Up

$245,926

Up $38,188 (+18%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$351,085

Up $8,696 (+2.5%) from 2017

Expenses

Up

$310,723

Up $54,125 (+21%) from 2017

Net Income

Down

$40,362

Down $45,429 (-53%) from 2017

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2015: $68,275Liabilities 2015: $0Net Assets 2015: $68,2752015Assets 2016: $122,022Liabilities 2016: $0Net Assets 2016: $122,0222016Assets 2017: $207,738Liabilities 2017: $0Net Assets 2017: $207,7382017Assets 2018: $245,926Liabilities 2018: $0Net Assets 2018: $245,9262018Assets 2019: $198,329Liabilities 2019: $0Net Assets 2019: $198,3292019Assets 2020: $283,332Liabilities 2020: $0Net Assets 2020: $283,3322020Assets 2021: $318,911Liabilities 2021: $0Net Assets 2021: $318,9112021Assets 2022: $391,973Liabilities 2022: $0Net Assets 2022: $391,9732022

Highlighted filing

2018

Assets$245,926
Liabilities$0
Net Assets$245,926

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2015: $174,501Expenses 2015: $125,427Net Income 2015: $49,0742015Revenue 2016: $335,763Expenses 2016: $282,781Net Income 2016: $52,9822016Revenue 2017: $342,389Expenses 2017: $256,598Net Income 2017: $85,7912017Revenue 2018: $351,085Expenses 2018: $310,723Net Income 2018: $40,3622018Revenue 2019: $508,372Expenses 2019: $564,330Net Income 2019: -$55,9582019Revenue 2020: $385,213Expenses 2020: $301,160Net Income 2020: $84,0532020Revenue 2021: $531,348Expenses 2021: $500,286Net Income 2021: $31,0622021Revenue 2022: $369,332Expenses 2022: $292,369Net Income 2022: $76,9632022

Highlighted filing

2018

Revenue$351,085
Expenses$310,723
Net Income$40,362
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 18, 2020
Return Version
2018v3.0
Gross Receipts
$354,139
Mission and Program Overview

Mission

Formed as an alternative to traditional organizations for male service members, we offer membership in a greek-letter military fraternity that is second to none! Through our local chapters we aspire to unite male service members of all branches of the united states armed forces. Local chapters meet locally twice per month, and once nationally during our "retreat". The first meeting of every month is business-related & the second meeting is social. During our annual retreat fraternity members from across the globe are invited to unite in the name of brotherhood.

Formed as an alternative to traditional organizations for male service members, we offer membership in a Greek-letter Military Fraternity that is Second to None! Through our local chapters we aspire to unite male service members of all branches of United States Armed Forces. Local chapters meet locally twice per month, and once nationally during our "Retreat". The first meeting of every month is business related & the second meeting is social. During our annual Retreat fraternity members from across the globe are invited to unite in the name of Brotherhood!

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$187,872$228,722▲ $40,850
Investments in Publicly Traded Securities$12,329$14,903▲ $2,574
Savings and Temporary Cash Investments$7,537$2,001▼ $5,536
Accounts Receivable-$300-
Total Assets$207,738$245,926▲ $38,188
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$207,738$245,926▲ $38,188
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$207,738$245,926▲ $38,188
Total Liabilities and Net Assets / Fund Balance$207,738$245,926▲ $38,188
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$44,638
Program Service Revenue
$300,195
Investment Income
$193
Other Revenue
$6,059
All Other Contributions
$43,528
Change in Net Assets
$40,362
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$299,660
Total Fundraising Expense$13,634
Grants and Similar Amounts Paid$5,907
Professional Fundraising Fees$5,156
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$133,332$9,506$5,856$148,694
Fees for Services Other$10,228$5,250$1,245$16,723
Fees for Services Accounting-$15,870-$15,870
Office Expenses$8,876$4,618-$13,494
Advertising-$11,686-$11,686
Information Technology-$8,890-$8,890
Insurance-$7,236-$7,236
Conferences and Meetings$275$6,234-$6,509
Fees for Services Professional Fundraising--$5,156$5,156
Interest-$3,884-$3,884
Grants to Domestic Orgs$3,447--$3,447
Occupancy$1,883$130$638$2,651
Grants to Domestic Individuals$2,460--$2,460
Other Expenses$0$191$0$191
All Other Expenses-$5-$5
Total Functional Expenses$208,085$89,004$13,634$310,723
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$7,560
Professional Fundraising Fees$5,156
Fundraising Direct Expenses$3,054
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
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
No
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

The Form 990 is prepared by an independent tax preparer and reviewed by the Founder prior to submission.

Form 990, Part VI, Section C, Line 19

Documents are made available upon request and the form 990 is made available to the public via Guidestar.

Filing and Contact Details

Filer

Filer Name
Kappa Lambda Chi Military Fraternity Inc
EIN
46-3375471
Phone
9109644878
Address
1925 Faison Hwy, Clinton, NC 28328

Signing Officer

Name
William Dickey
Title
Founder
Phone
9109644878
Signed
2020-06-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bernard Johnson
Formed
2013
Legal Domicile
Nc
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
1,400

Preparer

Firm
Easy Office dba Jitasa
Address
1750 W Front Street Suite 200, Boise, ID 83702
Preparer
Jeremy Cork
Phone
2082874777
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IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0300195
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07537
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02001
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt044638
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt040358
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt068465
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt061806
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0215267
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0193
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01364
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0-3
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01556
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0993128
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99282
IRS990ScheduleA/PublicSupportPY170Pct00.9921
IRS990ScheduleA/PublicSupportTotal170Amt0215267
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt044638
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt040358
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt068465
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt061806
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0215267
IRS990ScheduleA/TotalSupportAmt0216823
IRS990/ScheduleBRequiredInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is prepared by an independent tax preparer and reviewed by the Founder prior to submission.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Documents are made available upon request and the form 990 is made available to the public via Guidestar.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/StatesWhereCopyOfReturnIsFldCd1NC
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0207738
IRS990/TotalAssetsEOYAmt0245926
IRS990/TotalAssetsGrp/BOYAmt0207738
IRS990/TotalAssetsGrp/EOYAmt0245926
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt044638
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt013634
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt089004
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0208085
IRS990/TotalFunctionalExpensesGrp/TotalAmt0310723
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0207738
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0245926
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0208085
IRS990/TotalProgramServiceRevenueAmt0300195
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt04699
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0301748
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0351085
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt01400
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0207738
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0245926
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt05856
IRS990/TravelGrp/ManagementAndGeneralAmt09506

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