Lambda Theta Alpha Foundation
Nonprofit profile at a glance
- EIN
- 812487539
- IRS 990-EZ coverage
- 2020–2025
- Forms available
- Form 990 2018, Form 990-EZ 2025, Form 990-N 2019
- Location
- Marietta, GA, USA
- Phone
- 6784644535
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Philanthropy, Charity, Voluntarism Promotion
Reported finances
- Revenue
- $91,221
- Expenses
- $46,790
- Assets
- $212,557
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Alma Sida (Vice President)
- Jenna Wright (President)
- Dianna Romaguera (Vice President)
- Kenya Moore (Vice President)
People named in this filing
- Merlix Reynolds (Treasurer)
- Alma Sida (Vice President)
- Jenna Wright (President)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Education, Scholarship, Humanitarianism
What it reported doing in 2025
Distributed Educational Scholarships
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 39
- Transparency & Controls: 100
- Sustainability: 73
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 28.9%; rating input score 29
- Program expense ratio: 56.3%; rating input score 56
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 48.7%; rating input score 89; 89th percentile among comparable filings
- Total-asset coverage ratio: 4.54; rating input score 82; 82nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -14.2% per year; rating input score 0; 24th percentile among comparable filings
- Revenue growth: 5.3% per year; rating input score 100; 70th percentile among comparable filings
- Asset growth: 21.6% per year; rating input score 100; 85th percentile among comparable filings
Details
- Where the money goes: 28.9% of revenue deployed · 56.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $26K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 5 of 6 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2020 to 2025
- 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 — Financial Efficiency: Mission deployment rate scored 29/100.
- Review — Financial Efficiency: Program expense ratio scored 56/100.
- Moderate — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.