Xi Kappa Lambda Chapter is located in Houston, TX. According to its NTEE Classification (P03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Xi Kappa Lambda Chapter is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 08/2023, Xi Kappa Lambda Chapter generated $61.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $52.1k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (14.0%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
WE AWARDED SEVEN COLLEGE SCHOLARSHIPS TO GRADUATINGHIGH SCHOOL SENIORS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Waland Walsh President | 3 | $0 | |
Larry Moore Vice-President | 2 | $0 | |
Donald Jackson Treasurer | 2 | $0 | |
Tyrone Morgan Chaplain | 2 | $0 | |
Pervis Cooper Recording Secretary | 2 | $0 | |
Jonathan Theriot Jr Corresponding Secretary | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $14,019 |
Total Program Service Revenue | $3,650 |
Membership dues | $43,960 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $61,629 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $52,066 |
Total expenses | $52,066 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $33,928 |
Other assets | $0 |
Total assets | $33,928 |
Total liabilities | $22,574 |
Net assets or fund balances | $11,354 |