Civic Intelligence

Lambda Theta Alpha Foundation Inc.

990EZ • Fiscal year 2022 • EIN 81-2487539

Jan 01, 2022 to Dec 31, 2022 • Filed on May 07, 2023

Organization ProfileWWW.LTAFOUNDATION.ORG
3752 Swallow PointeMarietta, GA 30066

(678) 464-4535

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

88th percentile

47%

Higher net margin than 88% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

77th percentile

31%

Faster asset growth than 77% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

36th percentile

-4.6%

Faster revenue growth than 36% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$109,153

Up $25,863 (+31%) from 2021

Net Assets

Up

$109,153

Up $25,863 (+31%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin88th percentile

Revenue

Down

$54,899

Down $2,664 (-4.6%) from 2021

Expenses

Down

$29,040

Down $13,732 (-32%) from 2021

Net Income

Up

$25,859

Up $11,068 (+75%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth77th percentile

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

$200K$150K$100K$50K$0Assets 2018: $33,281Liabilities 2018: $0Net Assets 2018: $33,2812018Assets 2020: $68,499Liabilities 2020: $0Net Assets 2020: $68,4992020Assets 2021: $83,290Net Assets 2021: $83,2902021Assets 2022: $109,153Net Assets 2022: $109,1532022Assets 2023: $139,647Liabilities 2023: $02023Assets 2024: $168,118Net Assets 2024: $168,1182024

Highlighted filing

2022

Assets$109,153
Liabilities-
Net Assets$109,153
Open 2022 Filing

Operations Trend

Revenue Growth36th percentile

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

$100K$50K$0Revenue 2018: $41,761Expenses 2018: $21,671Net Income 2018: $20,0902018Revenue 2020: $90,709Expenses 2020: $61,672Net Income 2020: $29,0372020Revenue 2021: $57,563Expenses 2021: $42,772Net Income 2021: $14,7912021Revenue 2022: $54,899Expenses 2022: $29,040Net Income 2022: $25,8592022Revenue 2023: $61,889Expenses 2023: $31,394Net Income 2023: $30,4952023Revenue 2024: $63,069Expenses 2024: $34,599Net Income 2024: $28,4702024

Highlighted filing

2022

Revenue$54,899
Expenses$29,040
Net Income$25,859
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 7, 2023
Return Version
2022v5.0
Gross Receipts
$55,532
Mission and Program Overview

Mission

Education, scholarship, humanitarianism

Program Services

DescriptionGrantsExpenses
DISTRIBUTED EDUCATIONAL SCHOLARSHIPS-$16,000
EDUCATIONAL AWARDS-$595
HUMANITARIAN RELIEF-$250
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MERLIX REYNOLDSPresidentPT$0--
BRITTANY RICHVP Of FinancPT$0--
ALMA SIDAVP Of AdminPT$0--
JESSICA ISLAMVP Of OperatPT$0--
DAMARIS GARCIAVP Of CommunPT$0--
AMBER BOLDENVP Of DeveloPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraiser$15,767$15,767$633$15,134
Total Events$15,767$15,767$633$15,134
Filing and Contact Details

Filer

Filer Name
Lambda Theta Alpha Foundation
EIN
81-2487539
Phone
6784644535
Address
3752 SWALLOW POINTE, MARIETTA, GA 30066

Signing Officer

Name
Merlix Reynolds
Title
President
Phone
6784644535
Signed
2023-05-07
Discuss with paid preparer
Yes

Preparer

Firm
Villela CPA Pllc
Address
10256 CHILTERN GARDEN DR, ORLANDO, FL 32827-7023
Preparer
Walter Villela CPA
Phone
3053891347
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I

“Educational grants 12,900 humanitarian relief 1,750 scholarships 17,000”

Form 990-ez, Part I, Line 16

“Expenses advertising & marketing 580 travel 1,368 event expenses 3,531 donor recognition 1,588 educational grants 595 supplies & software 1,333 merchant fees 477 humanitarian award exp 250 scholarships 16,000 other expenses 900 total 26,622”

Raw XML Appendix161 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MARIETTA
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MERLIX REYNOLDS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JESSICA ISLAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DAMARIS GARCIA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5AMBER BOLDEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VP OF FINANC
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VP OF ADMIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VP OF OPERAT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VP OF COMMUN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5VP OF DEVELO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt026622
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0EDUCATION, SCHOLARSHIP, HUMANITARIANISM
IRS990EZ/PrintingPublicationsPostageAmt01033
IRS990EZ/ProgramServiceRevenueAmt08235
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EDUCATIONAL AWARDS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1DISTRIBUTED EDUCATIONAL SCHOLARSHIPS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2HUMANITARIAN RELIEF
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0595
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt116000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt2250
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt0633
IRS990EZ/SpecialEventsNetIncomeLossAmt015134
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt029040
IRS990EZ/TotalProgramServiceExpensesAmt016845
IRS990EZ/TotalRevenueAmt054899
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.LTAFOUNDATION.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt031530
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt039327
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt066420
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt020862
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt040972
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0199111
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt024161
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.92800
IRS990ScheduleA/PublicSupportPY170Pct00.99220
IRS990ScheduleA/PublicSupportTotal170Amt0199111
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt031530
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0633
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EDUCATIONAL GRANTS 12,900 HUMANITARIAN RELIEF 1,750 SCHOLARSHIPS 17,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING & MARKETING 580 TRAVEL 1,368 EVENT EXPENSES 3,531 DONOR RECOGNITION 1,588 EDUCATIONAL GRANTS 595 SUPPLIES & SOFTWARE 1,333 MERCHANT FEES 477 HUMANITARIAN AWARD EXP 250 SCHOLARSHIPS 16,000 OTHER EXPENSES 900 TOTAL 26,622
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06784644535
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-07
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ReturnHeader/Filer/EIN0812487539
ReturnHeader/Filer/PhoneNum06784644535
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ReturnHeader/Filer/USAddress/ZIPCd030066
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0463002593
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ReturnHeader/PreparerPersonGrp/PhoneNum03053891347
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WALTER VILLELA CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-05-10T22:19:41-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MERLIX
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0REYNOLDS
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$109,153
Liabilities
-
Net assets
$109,153
Revenue
$54,899
Expenses
$29,040
Net income
$25,859
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.68$1.68$0.63$0.35$0.28
2023Summary only. Only limited summary data is available for this year.$1.40$0.00$0.62$0.31$0.30
2022Detailed filing. Detailed filing data is available for this year.$1.09$1.09$0.55$0.29$0.26
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$0.83$0.58$0.43$0.15
2020Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.91$0.62$0.29
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.00$0.33$0.42$0.22$0.20