Lambda Theta Alpha Foundation Inc
- Assets
- $83.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marietta, GA
- Founding
- 07/2016
- Data as of
- 12/2021
- EIN
- 81-2487539
Organization Overview
Lambda Theta Alpha Foundation Inc is located in Marietta, GA. The organization was established in 2016. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lambda Theta Alpha Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Lambda Theta Alpha Foundation Inc generated $57.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $42.8k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE LAMBDA THETA ALPHA FOUNDATION 'S PURPOSE IS TO ENRICH OUR COMMUNITIES BY PROVIDING FUNDING FOR EDUCATION PROGRAMMING, SCHOLARSHIPS AND HUMANITARIAN RELIEF.
Describe the Organization's Program Activity:
Part 3
CHARITABLE AWARDS OF $2000 WERE GRANTED AS WELL AS $17,000 IN SCHOLARSHIP PAYMENTS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denise Vidot President | 5 | $0 | |
Brittany Rich VP Of Financ | 5 | $0 | |
Jessica Islam VP Of Operat | 5 | $0 | |
Jenna Ortiz VP Of Admin | 5 | $0 | |
Damaris Garcia VP Of Commun | 5 | $0 | |
Merlix Reynolds Advisor | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,327 |
| Total Program Service Revenue | $15,926 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,310 |
| Other Revenue | $0 |
| Total Revenue | $57,563 |
| 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 | $700 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,006 |
| Other expenses | $41,066 |
| Total expenses | $42,772 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $83,290 |
| Other assets | $0 |
| Total assets | $83,290 |
| Total liabilities | $0 |
| Net assets or fund balances | $83,290 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lambda Theta Alpha Foundation Inc has recieved totaling $2,017.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $2,017 |
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The Florida Concrete Masonry Education Council Inc Gainesville, FL | $2,957,826 | $3,367,750 |
Parents With A Purpose Inc Atlanta, GA | $315,977 | $2,301,377 |
Global Generosity Inc Alpharetta, GA | $2,653,838 | $2,877,884 |
Jk And Db Gulley Mem Tuw J K Gulley Tr Orlando, FL | $0 | $486,471 |
Recovery Research Network Foundation Inc Atlantis, FL | $303,889 | $1,495,637 |
Geo Group Foundation Inc Boca Raton, FL | $194,115 | $1,477,065 |
Lake Oconee Academy Foundation Inc Greensboro, GA | $20,544,289 | $963,837 |
Ncf Carolinas Inc Charlotte, NC | $1,465,195 | $1,454,572 |