XI LAMBDA EDUCATIONAL FOUNDATION: Form 990EZ, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- XI LAMBDA EDUCATIONAL FOUNDATION (EIN 36-3765985)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2022-10-05
- IRS object ID
- 202222789349200417
- Schema version
- 2021v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-10-05T12:37:02-05:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Rodney Brown & Company | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 495 Burnham Avenue | AddressLine1Txt |
| City | Calumet City | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60409 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2021-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363765985 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Xi Lambda Educational Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | XILA | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8236 South Western | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60620 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Rodney Brown | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 7086701394 | PhoneNum |
| Signature | 2022-10-03 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | RODNEY | PersonFirstNm |
| Person Last | BROWN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Rodney Brown | PreparerPersonNm |
| PTIN | P00145532 | PTIN |
| Phone | 7089330231 | PhoneNum |
| Preparation | 2022-10-03 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $13,150 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $13,150 | ContributionsGiftsGrantsEtcAmt |
| Total Revenue | $13,150 | TotalRevenueAmt |
| Grants And Similar Amounts Paid | $16,750 | GrantsAndSimilarAmountsPaidAmt |
| Occupancy Rent Utlts And Maint | $1,000 | OccupancyRentUtltsAndMaintAmt |
| Other Expenses Total | $38,871 | OtherExpensesTotalAmt |
| Total Expenses | $56,621 | TotalExpensesAmt |
| Excess Or Deficit For Year | -$43,471 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $344,254 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $300,783 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $336,587 | BOYAmt |
| EOY | $294,116 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,667 | BOYAmt |
| EOY | $6,667 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $344,254 | BOYAmt |
| EOY | $300,783 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $344,254 | BOYAmt |
| EOY | $300,783 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | PROVIDE EDUCATIONAL GUIDANCE | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | Provide scholarships ranging between 500 to 1000 to underpriviledged college students | DescriptionProgramSrvcAccomTxt |
| Program Service Expenses | $16,750 | ProgramServiceExpensesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $16,750 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (9 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|
| Victor Simpkins | ||
| President | 3 | $0 |
| Russell Austin | ||
| Vice President | 3 | $0 |
| Rodney Brown | ||
| Treasurer | 3 | $0 |
| Gilbert Batts | ||
| Board member | 3 | $0 |
| Arndell Ricks | ||
| Board member | 3 | $0 |
| William Taylor | ||
| Board member | 3 | $0 |
| Darryl Farrow | ||
| Board member | 3 | $0 |
| Bertrand Ellis | ||
| Board member | 3 | $0 |
| Larry Holloway | ||
| Board member | 3 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Rodney Brown | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 495 Burnham | AddressLine1Txt |
| City | CALUMET CITY | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60409 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7089330231 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Form720 Filed | false | Form720FiledInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
| Support Sum | $0 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $22,090 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $18,244 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,388 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,265 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,150 | CurrentTaxYearAmt |
| Total | $78,137 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $22,090 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $18,244 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,388 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,265 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,150 | CurrentTaxYearAmt |
| Total | $78,137 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $78,137 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $14,106 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,567 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,941 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $60,595 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | -$37,138 | CurrentTaxYearAmt |
| Total | $58,071 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $136,208 | TotalSupportAmt |
| Public Support CY170 | 0.57370 | PublicSupportCY170Pct |
| Public Support PY170 | 0.58000 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 990 EZ BALANCE SHEET - OTHER ASSETS | PREPAID RENT FOR 2022 IS $6167 AND FOR 2021 $7167 SHOWCASE DEPOSIT FOR 2022 AND 2021 WAS $500 |
| 990 EZ PAGE 1- OTHER EXPENSES | TELEPHONE $745- INVESTMENT FEES $838-MENTORING MEETING $120 LICENSE AND FEES $30 UNREALIZED LOSS ON INVESTMENTS EXCEEDED ACTUAL GAINS IN THE AMOUNT OF $37138 |
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