Civic Intelligence

Lambda Chi Alpha Beta Kappa Zeta

990 • Fiscal year 2015 • EIN 58-0585828

Jan 01, 2015 to Dec 31, 2015 • Filed on Apr 16, 2016

792 Techwood DriveAtlanta, GA 30313

(206) 607-7714

Siviq Scores

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

Liabilities / Assets

21st percentile

0.00x

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

2015 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

21st percentile

0.00x

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

2015 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2015

Net Margin

30th percentile

-1.7%

Higher net margin than 30% of similar nonprofits.

2015 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2015

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.

2015 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2015

Asset Growth

2nd percentile

-44%

Faster asset growth than 2% of similar nonprofits.

2015 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

45th percentile

1.5%

Faster revenue growth than 45% of similar nonprofits.

2015 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$16,243

Down $12,757 (-44%) from 2014

Net Assets

Down

$16,243

Down $12,757 (-44%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$740,745

Up $10,780 (+1.5%) from 2014

Expenses

Up

$753,502

Up $52,537 (+7.5%) from 2014

Net Income

Down

-$12,757

Down $41,757 (-144%) from 2014

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2012: $4,000Liabilities 2012: $0Net Assets 2012: $4,0002012Assets 2013: $15,156Liabilities 2013: $0Net Assets 2013: $15,1562013Assets 2014: $29,000Liabilities 2014: $0Net Assets 2014: $29,0002014Assets 2015: $16,243Liabilities 2015: $0Net Assets 2015: $16,2432015Assets 2016: $20,335Liabilities 2016: $0Net Assets 2016: $20,3352016Assets 2017: $16,196Liabilities 2017: $0Net Assets 2017: $16,1962017Assets 2018: $39,542Liabilities 2018: $0Net Assets 2018: $39,5422018Assets 2019: $12,206Liabilities 2019: $0Net Assets 2019: $12,2062019Assets 2023: $5,056Liabilities 2023: $0Net Assets 2023: $5,0562023Assets 2024: $23,887Liabilities 2024: $0Net Assets 2024: $23,8872024

Highlighted filing

2015

Assets$16,243
Liabilities$0
Net Assets$16,243

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2012: $607,880Expenses 2012: $603,880Net Income 2012: $4,0002012Revenue 2013: $735,155Expenses 2013: $719,999Net Income 2013: $15,1562013Revenue 2014: $729,965Expenses 2014: $700,965Net Income 2014: $29,0002014Revenue 2015: $740,745Expenses 2015: $753,502Net Income 2015: -$12,7572015Revenue 2016: $740,310Expenses 2016: $736,218Net Income 2016: $4,0922016Revenue 2017: $538,761Expenses 2017: $542,900Net Income 2017: -$4,1392017Revenue 2018: $640,949Expenses 2018: $617,603Net Income 2018: $23,3462018Revenue 2019: $230,950Expenses 2019: $325,265Net Income 2019: -$94,3152019Revenue 2023: $99,578Expenses 2023: $94,522Net Income 2023: $5,0562023Revenue 2024: $171,921Expenses 2024: $153,090Net Income 2024: $18,8312024

Highlighted filing

2015

Revenue$740,745
Expenses$753,502
Net Income-$12,757
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Apr 16, 2016
Return Version
2015v2.1
Gross Receipts
$740,745
Mission and Program Overview

Mission

To provide college students fraternity services and comradery.

To provide college students with opportunities to serve, gain leadership experience, network; along with other fraternity services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$29,000$16,243▼ $12,757
Total Assets$29,000$16,243▼ $12,757
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$29,000$16,243▼ $12,757
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$29,000$16,243▼ $12,757
Total Liabilities and Net Assets / Fund Balance$29,000$16,243▼ $12,757
Compensation and Service Providers

Board Members and Trustees

NameTitle
Derek NalodkaPresident
Phillip VetranoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$740,745
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$-12,757
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$747,502
Salaries, Compensation, and Employee Benefits$6,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$252,150
All Other Expenses---$158,423
Other Expenses---$85,107
Payroll Taxes---$6,000
Fees for Services Accounting---$1,000
Total Functional Expenses$0$0$0$753,502
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

The members of the chapter elect officers to serve chapter once per calendar year.

Form 990, Part VI, Section A, Line 7B

Any changes to the bylaws of the chapter, whether proposed by members or officers, must be approved by the chapter at large.

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

All members are allowed to view all financial statements upon request.

Form 990, Part VI, Section C, Line 19

All governing documents are available upon request by a member or advisory board member.

Filing and Contact Details

Filer

Filer Name
Lambda Chi Alpha Beta Kappa Zeta
EIN
58-0585828
Phone
2066077714
Address
792 Techwood Drive, Atlanta, GA 30313

Signing Officer

Name
William Economy
Title
Treasurer
Phone
2066077714
Signed
2016-04-16

Organization Details

Principal Officer
William Long Economy
Formed
1942
Legal Domicile
Ga
Voting Board Members
111
Independent Board Members
0
Employees
1
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Accounts for unexpected repair, maintenance, and national organizational dues, etc.

Raw XML Appendix285 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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IRS990/BooksInCareOfDetail/PersonNm0William Economy
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt0111
IRS990/GovernmentGrantsAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0740745
IRS990/GrossReceiptsForPublicUseAmt00
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
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IRS990/IndependentVotingMemberCnt00
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IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
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IRS990/InvestmentInJointVentureInd00
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IRS990/MembershipDuesAmt0740745
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IRS990/MoreThan5000KToIndividualsInd00
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IRS990/OtherExpensesGrp/TotalAmt093422
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The members of the chapter elect officers to serve chapter once per calendar year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Any changes to the bylaws of the chapter, whether proposed by members or officers, must be approved by the chapter at large.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All members are allowed to view all financial statements upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All governing documents are available upon request by a member or advisory board member.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Accounts for unexpected repair, maintenance, and national organizational dues, etc.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
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ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0William Economy
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum02066077714
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-04-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAMBDA CHI ALPHA BETA KAPPA ZETA
ReturnHeader/Filer/BusinessNameControlTxt0LAMB
ReturnHeader/Filer/EIN0580585828
ReturnHeader/Filer/PhoneNum02066077714
ReturnHeader/Filer/USAddress/AddressLine1Txt0792 Techwood Drive
ReturnHeader/Filer/USAddress/CityNm0Atlanta
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030313
ReturnHeader/ReturnTs02016-04-16T20:01:31-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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