Lambda Chi Alpha Fraternity Inc Tau Zeta
Nonprofit profile at a glance
- EIN
- 910288087
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024
- Location
- Pullman, WA, USA
- Phone
- 2063995217
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $298,062
- Expenses
- $296,663
- Assets
- $3,369
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- Dylan Stover (President)
- David Reed (Vice President)
People named in this filing
- Dylan Stover (President)
- Lucas Rose (Treasurer)
- Dylan Stebbins (House Repairs)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We inspire and equip men to lead an ethical life of growth, service and leadership. Lambda Chi Alpha envisions a world where the ideal man pursues a life of respect and inclusion for all. A world where we support and encourage one another. And a world where every Brother models and embraces our values: loyalty, duty, respect, service and stewardship, honor, integrity and personal courage.
What it reported doing in 2024
To inspire and equip men to lead an ethical life of growth, service and leadership by providing food, lodging, academic, fraternal and social services to fraternity members.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 90
- Accountability: 58
- Sustainability: 37
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.5%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 0 of 7 controls in place; rating input score 0
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 0.5%; rating input score 40; 40th percentile among comparable filings
- Total-asset coverage ratio: 0.01; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 69.7% per year; rating input score 100; 97th percentile among comparable filings
- Revenue growth: 1.6% per year; rating input score 100; 32nd percentile among comparable filings
- Asset growth: 52.4% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 99.5% of revenue deployed · 100% of spending went to programs
- Governance: 17 of 17 board members independent · 0 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $298K in reported program spending
- Leadership: top reported pay $0 · 17 people listed
- Consistency: 12 of 12 current checks pass
- Schedules: 1 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 6 of 6 not reported.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Moderate — Sustainability: Operating margin scored 40/100.