Lambda Theta Nu Sorority
- Assets
- $319.8k
- Revenue
- $148.9k
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 02/2002
- Data as of
- 06/2022
- EIN
- 94-3292874
Organization Overview
Lambda Theta Nu Sorority is located in San Diego, CA. The organization was established in 2002. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lambda Theta Nu Sorority 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 06/2022, Lambda Theta Nu Sorority generated $148.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $87.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (14.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND FOSTER LATINA LEADERS THROUGH EDUCATIONAL AND PROFESSIONAL DEVELOPMENT, RELATIONSHIP BUILDING, AND COMMUNITY INVOLVEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAMBDA THETA NU HOSTS AN ANNUAL NATIONAL LEADERSHIP & ORGANIZATIONAL DEVELOPMENT CONFERENCE GEARED TOWARD THE PERSONAL, ACADEMIC & PROFESSIONAL DEVELOPMENT OF WOMEN. TIJERAS PROGRAM WHICH IS A TWO PRONGED NATIONAL PHILANTHROPY CENTERING AROUND EARLY CHILDHOOD EDUCATION AND SCHOLARSHIPS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tegra Myanna Chair | OfficerTrustee | 5 | $0 |
Mariana Moguel Vice Chair | OfficerTrustee | 5 | $0 |
Vanessa Alvarez Rodriguez Director Of Alumnae Relations | OfficerTrustee | 5 | $0 |
Esveidi Torres Director Of Community Service | OfficerTrustee | 5 | $0 |
Darlene Coxaj Director Of Prospective Membership | OfficerTrustee | 5 | $0 |
Sandy Velasquez Director Of Special Events | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $97,538 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,001 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $120,539 |
| Total Program Service Revenue | $27,394 |
| Investment income | $251 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $726 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $148,910 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $13,590 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,574 |
| Fees for services: Accounting | $2,644 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,040 |
| Advertising and promotion | $0 |
| Office expenses | $9,256 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $788 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,287 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $16,555 |
| All other expenses | $0 |
| Total functional expenses | $87,734 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $244,079 |
| Savings and temporary cash investments | $75,678 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $319,757 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $319,757 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $319,757 |
Grants Awarded
Over the last fiscal year, Lambda Theta Nu Sorority has awarded $50,372 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL ASSOCIATION OF LAMBDA ALUMNAE PURPOSE: GRANT | $21,710 |
San Diego, CA PURPOSE: GRANT | $20,000 |
Greenwood Vlg, CO PURPOSE: GRANT | $8,662 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lambda Theta Nu Sorority has recieved totaling $280.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $280 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation For Global Sports Development Los Angeles, CA | $28,471,591 | $19,690,244 |
Ressler Gertz Foundation Encino, CA | $41,227,955 | $63,459,065 |
Basic Fund Oakland, CA | $23,987,500 | $9,637,782 |
The Roddenberry Foundation Sherman Oaks, CA | $90,372,865 | $11,204,960 |
Scholarship Foundation Of Santa Barbara Santa Barbara, CA | $64,291,323 | $9,987,149 |
Bettye Poetz Ferguson Foundation San Francisco, CA | $18,979,772 | $3,373,943 |
Arizona Private Education Scholarship Fund Inc Scottsdale, AZ | $4,340,429 | $7,500,005 |
Gilead Sciences Foundation Foster City, CA | $126,155,891 | $168,265,797 |
Draper Foundation San Mateo, CA | $195,149,192 | $78,341,825 |
School Choice Arizona Inc Chandler, AZ | $10,615,298 | $8,926,972 |
College Success Arizona Phoenix, AZ | $19,037,884 | $6,349,882 |
Orange Coast College Foundation Costa Mesa, CA | $45,211,375 | $13,270,788 |