Civic Intelligence

Lambda Kappa Sigma Educational Trust

990EZ • Fiscal year 2019 • EIN 51-0156264

Jul 01, 2018 to Jun 30, 2019 • Filed on Jul 14, 2020

411 W Lafayette Blvd 2nd FloorDetroit, MI 48226

(313) 222-2898

Siviq Scores

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

Liabilities / Assets

60th percentile

0.01x

Higher debt load relative to assets than 60% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

76th percentile

0.04x

Higher debt load relative to revenue than 76% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

90th percentile

43%

Higher net margin than 90% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

53rd percentile

3.7%

Faster asset growth than 53% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

82nd percentile

36%

Faster revenue growth than 82% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$475,794

Up $16,874 (+3.7%) from 2018

Net Assets

Up

$472,676

Up $14,756 (+3.2%) from 2018

Liabilities

Up

$3,118

Up $2,118 (+212%) from 2018

Revenue

Up

$69,705

Up $18,277 (+36%) from 2018

Expenses

Down

$39,557

Down $500 (-1.2%) from 2018

Net Income

Up

$30,148

Up $18,777 (+165%) from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $266,707Liabilities 2011: $0Net Assets 2011: $266,7072011Assets 2012: $296,459Liabilities 2012: $02012Assets 2013: $328,650Net Assets 2013: $328,6502013Assets 2014: $405,414Liabilities 2014: $8,063Net Assets 2014: $397,3512014Assets 2015: $387,946Net Assets 2015: $387,9462015Assets 2016: $386,120Net Assets 2016: $386,1202016Assets 2017: $437,627Net Assets 2017: $437,6272017Assets 2018: $458,920Liabilities 2018: $1,000Net Assets 2018: $457,9202018Assets 2019: $475,794Liabilities 2019: $3,118Net Assets 2019: $472,6762019Assets 2020: $446,234Liabilities 2020: $02020Assets 2021: $459,048Liabilities 2021: $0Net Assets 2021: $459,0482021Assets 2022: $465,751Liabilities 2022: $0Net Assets 2022: $465,7512022Assets 2023: $504,351Liabilities 2023: $0Net Assets 2023: $504,3512023Assets 2024: $506,314Liabilities 2024: $0Net Assets 2024: $506,3142024Assets 2025: $496,875Liabilities 2025: $0Net Assets 2025: $496,8752025

Highlighted filing

2019

Assets$475,794
Liabilities$3,118
Net Assets$472,676

Operations Trend

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

$80K$60K$40K$20K$0-$20KRevenue 2011: $29,735Expenses 2011: $22,312Net Income 2011: $7,4232011Revenue 2012: $34,348Expenses 2012: $29,928Net Income 2012: $4,4202012Revenue 2013: $48,344Expenses 2013: $27,828Net Income 2013: $20,5162013Revenue 2014: $55,378Expenses 2014: $25,088Net Income 2014: $30,2902014Revenue 2015: $57,144Expenses 2015: $33,355Net Income 2015: $23,7892015Revenue 2016: $57,262Expenses 2016: $35,505Net Income 2016: $21,7572016Revenue 2017: $35,482Expenses 2017: $24,509Net Income 2017: $10,9732017Revenue 2018: $51,428Expenses 2018: $40,057Net Income 2018: $11,3712018Revenue 2019: $69,705Expenses 2019: $39,557Net Income 2019: $30,1482019Revenue 2020: $47,360Expenses 2020: $31,114Net Income 2020: $16,2462020Revenue 2021: $49,461Expenses 2021: $36,623Net Income 2021: $12,8382021Revenue 2022: $38,881Expenses 2022: $32,106Net Income 2022: $6,7752022Revenue 2023: $68,805Expenses 2023: $30,656Net Income 2023: $38,1492023Revenue 2024: $51,108Expenses 2024: $49,201Net Income 2024: $1,9072024Revenue 2025: $46,370Expenses 2025: $54,510Net Income 2025: -$8,1402025

Highlighted filing

2019

Revenue$69,705
Expenses$39,557
Net Income$30,148
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 14, 2020
Return Version
2018v3.2
Gross Receipts
$69,705
Mission and Program Overview

Mission

Provide scholarships and educational program opportunities.

Program Services

DescriptionGrantsExpenses
SCHOLARSHIP AND EDUCATIONAL PROGRAMS$10,750$39,557
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
AFTON M WAGNERMember-$0--
CREAQUE V CHARLESMember-$0--
IVA L KEENEMember-$0--
JEANNE H VANTYLEChair-$0--
KIM E HANCOCKSecretary-$0--
NICOLE C LANDISMember-$0--
STARLIN HAYDON-GREATTINGMember-$0--
TIFFANY D VICARSMember-$0--
MARY GREARMember-$0--
Filing and Contact Details

Filer

Filer Name
Lambda Kappa Sigma Educational Trust
EIN
51-0156264
Phone
3132222898
Address
411 W LAFAYETTE BLVD 2ND FLOOR, DETROIT, MI 48226

Signing Officer

Name
Comerica
Title
Trustee
Phone
3132222898
Signed
2020-07-14
Discuss with paid preparer
Yes

Preparer

Firm
Cliftonlarsonallen Llp
Address
10401 W INNOVATION DR STE 300, WAUWATOSA, WI 53226
Preparer
Lynn Braden
Phone
4144761880
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest and dividend income. Amount: 9,921. Description: capital gain distributions. Amount: 25,221. Total included on form 990-ez, line 4: 35,142.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: scholarshps and grants. Grantee name: lambda kappa sigma intl. Book value of property: 10,750. Amount given: 10,750.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: office expense. Amount: 2,911.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: unrealized (gain) loss. Amount: -15,392.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 1,000. End of year amount: 3,118.

Raw XML Appendix200 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0AFTON M WAGNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CREAQUE V CHARLES
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7TIFFANY D VICARS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8MARY GREAR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5MEMBER
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IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt0-15392
IRS990EZ/OtherExpensesTotalAmt02911
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE SCHOLARSHIPS AND EDUCATIONAL PROGRAM OPPORTUNITIES.
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0WWW.LKS.ORG
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IRS990ScheduleA/TotalSupportAmt0204898
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST AND DIVIDEND INCOME. AMOUNT: 9,921. DESCRIPTION: CAPITAL GAIN DISTRIBUTIONS. AMOUNT: 25,221. TOTAL INCLUDED ON FORM 990-EZ, LINE 4: 35,142.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: SCHOLARSHPS AND GRANTS. GRANTEE NAME: LAMBDA KAPPA SIGMA INTL. BOOK VALUE OF PROPERTY: 10,750. AMOUNT GIVEN: 10,750.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: OFFICE EXPENSE. AMOUNT: 2,911.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: UNREALIZED (GAIN) LOSS. AMOUNT: -15,392.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 1,000. END OF YEAR AMOUNT: 3,118.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0COMERICA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum03132222898
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAMBDA KAPPA SIGMA EDUCATIONAL TRUST
ReturnHeader/Filer/BusinessNameControlTxt0LAMB
ReturnHeader/Filer/EIN0510156264
ReturnHeader/Filer/PhoneNum03132222898
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ReturnHeader/Filer/USAddress/CityNm0DETROIT
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ReturnHeader/FilingSecurityInformation/IPDt02020-07-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm016:00:35
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010401 W INNOVATION DR STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WAUWATOSA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd053226
ReturnHeader/PreparerPersonGrp/PhoneNum04144761880
ReturnHeader/PreparerPersonGrp/PreparationDt02020-07-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LYNN BRADEN
ReturnHeader/ReturnTs02020-07-15T09:58:39-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.97$0.00$4.97$0.46$0.55$0.08
2024Summary only. Only limited summary data is available for this year.$5.06$0.00$5.06$0.51$0.49$0.02
2023Summary only. Only limited summary data is available for this year.$5.04$0.00$5.04$0.69$0.31$0.38
2022Summary only. Only limited summary data is available for this year.$4.66$0.00$4.66$0.39$0.32$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.59$0.00$4.59$0.49$0.37$0.13
2020Summary only. Only limited summary data is available for this year.$4.46$0.00$0.47$0.31$0.16
2019Detailed filing. Detailed filing data is available for this year.$4.76$0.03$4.73$0.70$0.40$0.30
2018Detailed filing. Detailed filing data is available for this year.$4.59$0.01$4.58$0.51$0.40$0.11
2017Detailed filing. Detailed filing data is available for this year.$4.38$4.38$0.35$0.25$0.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.86$3.86$0.57$0.36$0.22
2015Detailed filing. Detailed filing data is available for this year.$3.88$3.88$0.57$0.33$0.24
2014Detailed filing. Detailed filing data is available for this year.$4.05$0.08$3.97$0.55$0.25$0.30
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.29$3.29$0.48$0.28$0.21
2012Summary only. Only limited summary data is available for this year.$2.96$0.00$0.34$0.30$0.04
2011Summary only. Only limited summary data is available for this year.$2.67$0.00$2.67$0.30$0.22$0.07