Civic Intelligence

Lambda Housing Association Inc

990 • Fiscal year 2024 • EIN 58-1758758

Jan 01, 2024 to Dec 31, 2024 • Filed on Aug 20, 2025

Organization ProfileN/A
3348 Peachtree Road NE Ste 700Atlanta, GA 30326

(888) 272-3683

Siviq Scores

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

Liabilities / Assets

89th percentile

0.70x

Higher debt load relative to assets than 89% of similar nonprofits.

2024 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

5.76x

Higher debt load relative to revenue than 97% of similar nonprofits.

2024 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2024

Net Margin

13th percentile

-9.3%

Higher net margin than 13% of similar nonprofits.

2024 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

2024 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2024

Asset Growth

22nd percentile

-3.3%

Faster asset growth than 22% of similar nonprofits.

2024 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

49th percentile

5.7%

Faster revenue growth than 49% of similar nonprofits.

2024 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets89th percentile

Assets

Down

$3,598,078

Down $121,033 (-3.3%) from 2023

Net Assets

Down

$1,096,736

Down $40,418 (-3.6%) from 2023

Liabilities

Down

$2,501,342

Down $80,615 (-3.1%) from 2023

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin13th percentile

Revenue

Up

$434,346

Up $23,248 (+5.7%) from 2023

Expenses

Down

$474,764

Down $65,835 (-12%) from 2023

Net Income

Up

-$40,418

Up $89,083 (+69%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $449,605Liabilities 2011: $176,256Net Assets 2011: $273,3492011Assets 2012: $479,151Liabilities 2012: $227,056Net Assets 2012: $252,0952012Assets 2013: $471,688Liabilities 2013: $274,502Net Assets 2013: $197,1862013Assets 2020: $4,165,491Liabilities 2020: $2,565,400Net Assets 2020: $1,600,0912020Assets 2021: $4,095,280Liabilities 2021: $2,670,002Net Assets 2021: $1,425,2782021Assets 2022: $3,894,512Liabilities 2022: $2,627,857Net Assets 2022: $1,266,6552022Assets 2023: $3,719,111Liabilities 2023: $2,581,957Net Assets 2023: $1,137,1542023Assets 2024: $3,598,078Liabilities 2024: $2,501,342Net Assets 2024: $1,096,7362024

Highlighted filing

2024

Assets$3,598,078
Liabilities$2,501,342
Net Assets$1,096,736
Open 2024 Filing

Operations Trend

Revenue Growth49th percentile

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

$600K$400K$200K$0-$200KRevenue 2011: $93,150Expenses 2011: $113,150Net Income 2011: -$20,0002011Revenue 2012: $70,178Expenses 2012: $91,432Net Income 2012: -$21,2542012Revenue 2013: $127,471Expenses 2013: $182,380Net Income 2013: -$54,9092013Revenue 2020: $344,856Expenses 2020: $372,443Net Income 2020: -$27,5872020Revenue 2021: $349,172Expenses 2021: $523,985Net Income 2021: -$174,8132021Revenue 2022: $332,551Expenses 2022: $491,174Net Income 2022: -$158,6232022Revenue 2023: $411,098Expenses 2023: $540,599Net Income 2023: -$129,5012023Revenue 2024: $434,346Expenses 2024: $474,764Net Income 2024: -$40,4182024

Highlighted filing

2024

Revenue$434,346
Expenses$474,764
Net Income-$40,418
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 20, 2025
Return Version
2024v5.0
Gross Receipts
$434,346
Mission and Program Overview

Mission

Student housing - pi kappa phi fraternity, university of georgia

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,696,680$3,578,321▼ $118,359
Cash and Non-Interest-Bearing Accounts$4,131$9,757▲ $5,626
Total Assets$3,719,111$3,598,078▼ $121,033
Other Assets Total$18,300$10,000▼ $8,300
Liabilities
Other Liabilities$2,562,814$2,500,613▼ $62,201
Accounts Payable and Accrued Expenses$19,143$729▼ $18,414
Total Liabilities$2,581,957$2,501,342▼ $80,615
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,137,154$1,096,736▼ $40,418
Total Net Assets Fund Balance$1,137,154$1,096,736▼ $40,418
Total Liabilities and Net Assets / Fund Balance$3,719,111$3,598,078▼ $121,033
Compensation and Service Providers
Top Officer Pay80th percentile

Board Members and Trustees

NameTitle
Jack RoodTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$56,213
Program Service Revenue
$378,133
Investment Income
$0
Other Revenue
$0
All Other Contributions
$56,213
Change in Net Assets
$-40,418
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$474,764
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$157,860--$157,860
Occupancy$151,156--$151,156
Fees for Services Accounting$950--$950
Other Expenses$166--$166
Total Functional Expenses$474,764$0$0$474,764
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Construction Loan$2,500,613
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Form 990 is prepared by an independent cpa and reviewed by the organization's top management before filing with the irs.”

Form 990, Page 6, Part VI, Line 18

“Written request is required”

Form 990, Page 6, Part VI, Line 19

“UPON WRITTEN REQUEST.”

Filing and Contact Details

Filer

Filer Name
Lambda Housing Association Inc
EIN
58-1758758
Address
3348 PEACHTREE ROAD NE STE 700, ATLANTA, GA 30326

Signing Officer

Name
Jack Rood
Title
Treasurer
Signed
2025-08-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jack Rood
Legal Domicile
Ga
Voting Board Members
1
Independent Board Members
1
Employees
0
Volunteers
7

Preparer

Firm
Accountants Resource LLC
Address
3372 PEACHTREE ROAD NE STE 115, ATLANTA, GA 30326
Preparer
David J Lerner
Phone
8882723683
Raw XML Appendix234 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/MoreThan5000KToIndividualsInd0false
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/Filer/EIN0581758758
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ReturnHeader/ReturnTs02025-08-20T12:10:24-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,598,078
Liabilities
$2,501,342
Net assets
$1,096,736
Revenue
$434,346
Expenses
$474,764
Net income
-$40,418
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.60$2.50$1.10$0.43$0.47$0.04
2023Summary only. Only limited summary data is available for this year.$3.72$2.58$1.14$0.41$0.54$0.13
2022Summary only. Only limited summary data is available for this year.$3.89$2.63$1.27$0.33$0.49$0.16
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.10$2.67$1.43$0.35$0.52$0.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.17$2.57$1.60$0.34$0.37$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.47$0.27$0.20$0.13$0.18$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.23$0.25$0.07$0.09$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.18$0.27$0.09$0.11$0.02