Civic Intelligence

Lambda Chi Alpha Fraternity Inc

990 • Fiscal year 2024 • EIN 75-6036945

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 16, 2024

2901 Stadium Drive Tcu Box 294519Fort Worth, TX 76129

(636) 484-0987

Siviq Scores

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

Liabilities / Assets

70th percentile

0.04x

Higher debt load relative to assets than 70% of similar nonprofits.

2024 filings • 501(c)7 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

63rd percentile

0.01x

Higher debt load relative to revenue than 63% of similar nonprofits.

2024 filings • 501(c)7 • <$500k nonprofits • Source year 2024

Net Margin

52nd percentile

3.2%

Higher net margin than 52% of similar nonprofits.

2024 filings • 501(c)7 • <$500k nonprofits • Source year 2024

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

2024 filings • 501(c)7 • <$500k nonprofits • Source year 2024

Asset Growth

69th percentile

11%

Faster asset growth than 69% of similar nonprofits.

2024 filings • 501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

86th percentile

33%

Faster revenue growth than 86% of similar nonprofits.

2024 filings • 501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$128,149

Up $12,595 (+11%) from 2023

Net Assets

Up

$123,049

Up $13,495 (+12%) from 2023

Liabilities

Down

$5,100

Down $900 (-15%) from 2023

Revenue

Up

$428,354

Up $107,109 (+33%) from 2023

Expenses

Up

$414,859

Up $98,364 (+31%) from 2023

Net Income

Up

$13,495

Up $8,745 (+184%) from 2023

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0-$50KAssets 2015: $48,652Liabilities 2015: $0Net Assets 2015: $48,6522015Assets 2016: $77,086Liabilities 2016: $0Net Assets 2016: $77,0862016Assets 2017: $86,209Liabilities 2017: $0Net Assets 2017: $86,2092017Assets 2018: $121,476Liabilities 2018: $0Net Assets 2018: $121,4762018Assets 2019: $78,587Liabilities 2019: $0Net Assets 2019: $78,5872019Assets 2020: $73,122Liabilities 2020: $0Net Assets 2020: $73,1222020Assets 2021: $61,079Net Assets 2021: $61,0792021Assets 2022: $76,657Liabilities 2022: $0Net Assets 2022: $76,6572022Assets 2023: $115,554Liabilities 2023: $6,000Net Assets 2023: $109,5542023Assets 2024: $128,149Liabilities 2024: $5,100Net Assets 2024: $123,0492024Assets 2025: $167,999Liabilities 2025: -$2,469Net Assets 2025: $170,4682025

Highlighted filing

2024

Assets$128,149
Liabilities$5,100
Net Assets$123,049

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2015: $280,909Expenses 2015: $276,312Net Income 2015: $4,5972015Revenue 2016: $306,472Expenses 2016: $278,038Net Income 2016: $28,4342016Revenue 2017: $334,955Expenses 2017: $321,647Net Income 2017: $13,3082017Revenue 2018: $375,983Expenses 2018: $650,918Net Income 2018: -$274,9352018Revenue 2019: $390,208Expenses 2019: $433,097Net Income 2019: -$42,8892019Revenue 2020: $372,088Expenses 2020: $377,437Net Income 2020: -$5,3492020Revenue 2021: $148,929Expenses 2021: $160,972Net Income 2021: -$12,0432021Revenue 2022: $208,293Expenses 2022: $191,635Net Income 2022: $16,6582022Revenue 2023: $321,245Expenses 2023: $316,495Net Income 2023: $4,7502023Revenue 2024: $428,354Expenses 2024: $414,859Net Income 2024: $13,4952024Revenue 2025: $435,193Expenses 2025: $387,774Net Income 2025: $47,4192025

Highlighted filing

2024

Revenue$428,354
Expenses$414,859
Net Income$13,495
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 16, 2024
Return Version
2023v5.1
Gross Receipts
$428,354
Mission and Program Overview

Mission

Social Fraternity

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$28,452$58,231▲ $29,779
Savings and Temporary Cash Investments$49,166$45,996▼ $3,170
Accounts Receivable$37,936$23,922▼ $14,014
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$115,554$128,149▲ $12,595
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$6,000$5,100▼ $900
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$6,000$5,100▼ $900
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$109,554$123,049▲ $13,495
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$109,554$123,049▲ $13,495
Total Liabilities and Net Assets / Fund Balance$115,554$128,149▲ $12,595
Compensation and Service Providers

Board Members and Trustees

NameTitle
Peter VanisStandards Chair
Charlie GilesPresident
Cooper KrudwigExec at Large
David James PenskeExec at Large
Michael LewisSecretary
August BaischTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$428,314
Program Service Revenue
$0
Investment Income
$40
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$13,495
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$414,859
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
All Other Expenses$0$0$0$404,859
Occupancy$0$0$0$10,000
Total Functional Expenses$0$0$0$414,859
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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

Part VI, Line 7A

Form 990 part iii line 1: statement regarding the organizations mission. The objective of iota pi zeta shall be; a to maintain at texas christian university an undergraduate unit of the national fraternity in accordance with its ideals standards traditions and laws set forth in its initiation ritual constitutional statutory code b particularly to build up the membership ideals spirit organization and physical equipment of the chapter so that affiliation therewith shall ever be regarded as an honor and privilege of which only the finest men are worthy c foster a spirit of genuine brotherhood among its members to make welcome with its chapter all the members and associate members in good standing of the other zetas who visit it d to make good men great and great men excellent. We are a brotherhood of gentlemen that excels in academics athletics and in social activities. We pride ourselves in producing well-rounded gentleman that lead with values based on the teachings of lambda chi alpha. Form 990 part vi section a lina 7a: each member of the organization may elect members who will serve over the organization as the governing body. Form 990 part vi section b line 11: the organization executive officers review the form 990 when it is completed and if any part of the form is in question the executive officers contact the preparer to address any of those questions should any of the changes need to be made on the form these changes are promptly made and the form is reprinted for the executive officers to review after the form is reviewed and approved the executive officer signs the return and it is mailed. Form 990 part vi section c line 19: all documents are available to the public between regular business hours upon the request to the president or the treasurer of the organization. Part ix line 24. Schedule of other expenses. Social activities: $184,749. National feed and dues: $33,065. Recruiting: $12,425. Initiation cost: $13,776. Philanthropy: $10,093. Member education: $109. Risk management insurance: $79,943. Bad debts: $34,815. Processing misc: $35,884. Total other expenses: $404,859.

Filing and Contact Details

Filer

Filer Name
Lambda Chi Alpha Fraternity
EIN
75-6036945
In Care Of
% August Baisch
Phone
6364840987
Address
2901 STADIUM DRIVE TCU BOX 294519, Fort Worth, TX 76129

Signing Officer

Name
August Baisch
Title
Treasurer
Signed
2024-11-16

Organization Details

Formed
1955
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
12
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IRS990/NetAssetsOrFundBalancesEOYAmt0123049
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0109554
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0123049
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt010000
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0See Schedule O
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
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IRS990/OtherExpensesGrp/ProgramServicesAmt00
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IRS990/OtherExpensesGrp/TotalAmt20
IRS990/OtherExpensesGrp/TotalAmt30
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
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IRS990/OtherRevenueMiscGrp/ExclusionAmt20
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt10
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt20
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt10
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt20
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0August Baisch
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/ExclusionAmt40
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt10
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt20
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt30
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt40
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt00
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt20
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt30
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt40
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00

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