Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in Sep 2009.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
88 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
9 people listed on the 990.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Prepares young leaders in business, technology, and leadership for free-market success.
Questions for Delta Beta Lambda Foundation
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PLIKIDS Afterschool Program- Designed for Virtual Students from ages 10-16. The program provides computer lab space and tutoring for students impacted by CORVID-19.
The program is designed for High School seniors to provide real-world application of starting a new business. Students will work together to form a real technology business. Students will work together to develop customer usability, competitive analysis, prototype, and sales development.
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $6K | $6K |
| Land, buildings, equipmentLn 10c | $131K | $131K |
| Total assetsLn 16 | $148K | $148K |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $148K | $148K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $0 | $0 | $0 | $0 |
| Pay of disqualified personsLn 6 | $0 | $0 | $0 | $0 |
| Legal feesLn 11b | $2K | $2K | ||
| Accounting feesLn 11c | $500 | $500 | ||
| Advertising and promotionLn 12 | $909 | $909 | ||
| Office expensesLn 13 | $2K | $2K | ||
| Information technologyLn 14 | $419 | $419 | ||
| Other expenses (24a–d)Ln 24 | $11K | $10K | $1K | $0 |
| Total functional expensesLn 25 | $16K | $14K | $2K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2023 Latest | $542 | $684 | 990 PDF | ||
| FY2022 | Not on file | ||||
| FY2021 | $42K | $147K | 990 PDF | ||
| FY2020 Viewing | $164K | $16K | $148K | $148K | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $164,174 revenue, 12 lines filed
Part VI · Governance 8 of 9 board members independent, 1 to look at
Part VIII · Statement of revenue $164,174 across 10 lines filed
Part IX · Statement of functional expenses $16,120 across 8 lines filed
Part X · Balance sheet $148,054 assets, 15 lines filed
Part XI · Reconciliation of net assets $148,054 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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