Alpha Kappa Lambda Education Foundation INC FY2022 filing
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Alpha Kappa Lambda Education Foundation INC is an education nonprofit based in Carmel, IN. For fiscal year 2022 it reported $58K in revenue, $72K in expenses, and $407K in net assets.Pt I
Summary of the Filing
Where the work happens
To provide funding for attendees to participate in educational and leadership programs through the fraternity of alpha kappa lambda's regional leadership conferences, chapter presidents academy and national conclave.
To provide educational opportunities to students and scholarship funds to educational institutions and the undergraduate intrafraternity insititute.
The foundation accepts restricted gifts for chapter purpose funds. These funds are used for annual scholarships, leadership programs, and qualified infrastructure improvements.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 75% | — | — |
| Overhead ratio | 10% | — | — |
| Fundraising cost ratio | 30% | — | — |
| Revenue growth | -19% | — | — |
| Accounting fee ratio | 7% | — | — |
| Fundraising fee ratio | 11% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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