Alpha Psi Lambda National Inc

Nonprofit profile at a glance

EIN
363845735
IRS 990-EZ coverage
2015–2023
Forms available
Form 990-EZ 2023, Form 990-N 2014
Location
Chicago, IL, USA
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Student Sororities, Fraternities

Reported finances

Revenue
$125,730
Expenses
$99,840
Assets
$120,067
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • MICHELLE MADAY (NATIONAL PRESIDENT)
  • VIOLET TORRES (EXECUTIVE VICE PRESIDENT)
  • PRINCESA RABINOVICH (VICE PRESIDENT OF FINANCE)
  • YAXENI ARANDA (VICE PRESIDENT OF ADMINISTRATION)
  • VICTOR JIMENEZ (VICE PRESIDENT OF STANDARDS)
  • DAVID RAMIREZ (VICE PRESIDENT OF EXPANSION)

People named in this filing

  • MICHELLE MADAY (NATIONAL PRESIDENT)
  • VIOLET TORRES (EXECUTIVE VICE PRESIDENT)
  • PRINCESA RABINOVICH (VICE PRESIDENT OF FINANCE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Service cities of alpha psi lambda

What it reported doing in 2023

Service at cities in which alpha psi lambda national inc promotes community servce, leadership development and social programming activities. The organization maintains oversight

Operating model

Revenue model
Membership-supported. 100% of the money available for current operations came from membership dues.
Distribution model
Member-benefit provider. The nonprofit used 100% of its reported program spending for member benefits.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. No material rating questions were generated from the available inputs.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 82
  • Sustainability: 71
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.8%; rating input score 79
  • Program expense ratio: 99.2%; rating input score 99

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 20.6%; rating input score 75; 75th percentile among comparable filings
  • Total-asset coverage ratio: 1.2; rating input score 65; 65th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 19.5% per year; rating input score 100; 75th percentile among comparable filings
  • Revenue growth: 7.4% per year; rating input score 100; 59th percentile among comparable filings
  • Asset growth: 23.5% per year; rating input score 100; 82nd percentile among comparable filings

Details

  • Where the money goes: 78.8% of revenue deployed · 99.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $99K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 4 filing years from 2015 to 2023
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.