Eastern Province of Kappa Alpha Psi Fraternity Inc

Nonprofit profile at a glance

EIN
460933724
IRS 990 coverage
2018–2018
Forms available
Form 990 2018
Location
Annapolis Junction, MD, USA
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$783,247
Expenses
$696,879
Assets
$764,413
Liabilities
$6,288

Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

21 people listed

People named in this filing

  • Charles Exum Jr (Eastern Province Polemarch)
  • Charles Gilbert (Senior Province Vice Polemarc)
  • Donovan Surgick (Junior Province Vice Polemarc)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Eastern Province (EP), one of 12 regions of Kappa Alpha Psi Fraternity, Inc., spans a geographic territory which covers VA, MD, DC and Bermuda. The primary purpose of the EP is to act as a conduit between the Grand Chapter/International Headquarters and the local chapters.

What it reported doing in 2018

Province Council Planning Committee (PCPC) - The PCPC is responsible for planning and executing the Eastern Provinces annual meeting (Province Council). Delegates from each of the Provinces 60 chapters are required to attend the Province Council. Official Province business is presented and discussed at the Province Council including the annual State of the Province Report, financial updates, and committee updates. The Provinces Officers (excluding the Polemarch) and Board of Directors are also elected during the Province Council.

Operating model

Revenue model
Other-operating. 99% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 97% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 85
  • Accountability: 76
  • Sustainability: 66
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.5%; rating input score 85
  • Program expense ratio: 96.1%; rating input score 96
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 6th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 93.5%; rating input score 94; 37th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 11%; rating input score 69; 69th percentile among comparable filings
  • Total-asset coverage ratio: 1.1; rating input score 49; 49th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 78; 78th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 84; 84th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 85.5% of revenue deployed · 96.1% of spending went to programs
  • Governance: 21 of 21 board members independent · 3 of 7 filing controls reported
  • Programs: 6 filed program accomplishments · $670K in reported program spending
  • Leadership: top reported pay $0 · 21 people listed
  • Consistency: 18 of 19 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules · includes grants
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Total-asset coverage ratio scored 49/100.