Lambda Iota Society Inc Dba Lambda Iota Fraternity
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $256,950 | $237,084 | $19,866 | -10.8 | 0% |
| 2021 | $342,025 | $429,208 | −$87,183 | -8.4 | 0% |
| 2022 | $219,674 | $305,062 | −$85,388 | -15.2 | 0% |
| 2023 | $232,530 | $252,489 | −$19,959 | -19.3 | 0% |
In its most recent public year (2023), this organization spent $19,959 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-19.3 months), down from -10.8 in 2020. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings ↗
Be told when its next filing posts
No account, no email address. A new entry appears through a feed — the quiet technology behind podcasts — that you can add to a reader, Slack, or any automation tool. How following works ↗