Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Iota Phi Lambda Sorority Inc. is a nonprofit organization dedicated to uniting qualified business and professional women to enhance the status of women in the competitive business world. With an operating budget of $246.2K and total revenue of $580.2K for the filing year 2025, the organization promotes business education among young women through scholarships and planned programs, while also encouraging personal development and civic engagement. More information can be found on their website at www.iota1929.org.

Mission Statement

UNITE IN SISTERHOOD QUALIFIED BUSINESS AND PROFESSIONAL WOMEN IN ORDER TO ENHANCE AND IMPROVE THE STATUS OF WOMEN IN OUR HIGHLY COMPLEX, COMPETITIVE BUSINESS AND PROFESSIONAL WORLD; PROMOTE INCREASED INTEREST IN THE BROAD FIELD OF BUSINESS EDUCATION AMONG HIGH SCHOOL AND COLLEGE YOUNG WOMEN THROUGH PLANNED PROGRAMS AND SCHOLARSHIPS; ENCOURAGE THE DEVELOPMENT OF PERSONAL GOALS AND LEADERSHIP POTENTIAL; AND ESTABLISH AND PROMOTE CIVIC AND SOCIAL SERVICE ACTIVITIES FOR YOUTH AND ADULTS.
Revenues
$580.2K
Expenses
$246.2K
Net Income:
+$334K
Assets
$699.7K
Liabilities
$4.5K
Net Assets:
+$695.2K
Operating Budget
$246.2K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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K
Karen Arey
Board Member
D
Didi Boynton
Board Member
A
Audrey Douglas-Cookie
Board Member

Frequently Asked Questions

What is IOTA PHI LAMBDA SORORITY INC’s budget?
In 2025, IOTA PHI LAMBDA SORORITY INC reported an annual operating budget of around $246 thousand. More detailed financial information is available to registered users.
Where does IOTA PHI LAMBDA SORORITY INC operate?
IOTA PHI LAMBDA SORORITY INC is headquartered in Washington, DC.