Nonprofit · EIN 59-2560168
LAMBDA SOUTH INC
Tax-exempt · FT LAUDERDALE, FL 33303
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $64,466 | $93,540 | -$29,074 | $282,416 | $0 | $282,416 |
| December 31, 2023 | 990 | $66,964 | $84,985 | -$18,021 | $311,213 | -$277 | $311,490 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $70,638
- Membership dues
- $22,006
- Program service revenue
- $0
- Investment income
- $5
- Net income from fundraising events
- -$1,665
- Net income from sales of inventory
- -$4,512
- Other revenue
- -$6,177
Expenses
- Grants and similar amounts paid
- $2,270
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $34,963
- Depreciation
- $13,968
- Program services (functional)
- $69,401
- Management and general (functional)
- $24,139
Balance sheet and other
- Total assets, start of year
- $311,213
- Total assets, end of year
- $282,416
- Total liabilities, end of year
- $0
- Net assets, end of year
- $282,416
- Land, buildings and equipment
- $267,772
- Net assets without donor restrictions
- $282,416
- Gross receipts
- $70,643
- Employees
- 0
- Volunteers
- 75
- Year formed
- 1983
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RANDY ARNESON | PRESIDENT Trustee or director, Officer | 5 | $0 |
| CHARLES LOUGEE | VICE PRESIDENT Trustee or director, Officer | 5 | $0 |
| TONY FERCHAK | TREASURER Trustee or director, Officer | 5 | $0 |
| CHRISTOPHER DUNCAN | SECRETARY Trustee or director, Officer | 5 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CORY TUCKER | PRESIDENT Trustee or director, Officer | 5 | $0 |
| RANDY ARNESON | VICE PRESIDENT Trustee or director, Officer | 5 | $0 |
| TYRONE GERRY | TREASURER Trustee or director, Officer | 5 | $0 |
| CHRISTOPHER DUNCAN | SECRETARY Trustee or director, Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2107, FT LAUDERDALE, FL 33303-2107
- Principal officer (990 for 2024)
- CHARLES LOUGEE, 1231-A EAST LAS OLAS, FT LAUDREDALE, FL 33303
- Signed the 990
- CHARLES LOUGEE, PRESIDENT
- Phone
- (954) 761-9072
- Website
- lambdasouth.com
- Return prepared by
- ROBERT F MAHONEY PA CPA
Mission
PROVIDE A FACILITY FOR TWELVE STEP GROUPS TO MEET
Program accomplishments
- PROVIDES A FACILITY FOR RECOVERY GROUPS TO CONDUCT MEETINGS WHEREBY THE COMMUNITY CAN BENEFIT FROM THE IMPROVEMENT OF THE INDIVIDUALSExpenses $69,401 · revenue $70,639
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 59-2560168
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1986
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $282,416
- Income (IRS master file)
- $70,643
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $64,466 | $93,540 | $282,416 | XML |
| 990 | December 2023 | $66,964 | $84,985 | $311,213 | IRS |
| 990 | December 2022 | $67,800 | $75,070 | $329,496 | IRS |
| 990 | December 2021 | $100 | $14,290 | $335,867 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 59-2560168).
Questions about LAMBDA SOUTH INC
- What is the EIN of LAMBDA SOUTH INC?
- The employer identification number (EIN) of LAMBDA SOUTH INC is 59-2560168.
- Is LAMBDA SOUTH INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
- Are donations to LAMBDA SOUTH INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAMBDA SOUTH INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LAMBDA SOUTH INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAMBDA SOUTH INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of LAMBDA SOUTH INC?
- The 990 for the year ended December 31, 2024 names CHARLES LOUGEE.
- Who are the officers and directors of LAMBDA SOUTH INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does LAMBDA SOUTH INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $64,466, expenses of $93,540 and total assets of $282,416 at year end.
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