Kappa Alpha Psi Fraternity

Nonprofit profile at a glance

EIN
237279554
IRS 990-EZ coverage
2024–2024
Forms available
Form 990-EZ 2024, Form 990-N 2024
Location
Tyler, TX, USA
Phone
2148028223
Rating
84
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$21,369
Expenses
$26,239
Assets
$10,460
Liabilities
$5,000

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Michael Hernandez (President)
  • Scotty Riggans (Vice President)

People named in this filing

  • Birt Finney (Treasurer)
  • Michael Hernandez (President)
  • Geoffrey Williams (Secretary)

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

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The primary purpose of this organization is to operate as a social club organized for the mutual benefit and common interests of its members. Through fellowship, shared experiences, and organized social and recreational activities, the organization seeks to foster a supportive community that encourages the development of high ideals of personal achievement, both during college and in post-collegiate life. The organization provides a lasting framework in which members can cultivate lifelong friendships, uphold values of integrity and honor, and contribute positively to their communities, consistent with the principles of mutual support and personal betterment.

What it reported doing in 2024

Hosted Regular Member Social Events, Developed Member Traditions That Promote Honor and Integrity, Facilitated Peer Networking Opportunities, Celebrated Academic and Personal Milestones, Fostered Lifelong Bonds Through Alumni Engagement, Promoted a Culture of Personal Growth Through Informal Mentorship, and Conducted Member-Led Discussions

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 25
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -22.8%; rating input score 22; 22nd percentile among comparable filings
  • Total-asset coverage ratio: 0.4; rating input score 25; 25th percentile among comparable filings
  • Liabilities to assets ratio: 0.48; rating input score 9; 9th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

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

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $26K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Contacts: How to reach this organization
  • 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.

  • High — Sustainability: Operating margin scored 22/100.
  • High — Sustainability: Total-asset coverage ratio scored 25/100.
  • High — Sustainability: Liabilities to assets ratio scored 9/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.