Kappa Alpha Psi Fraternity Inc Aayi Alumni Ann Arbor Ypsilanti Alumni Chapter
Nonprofit profile at a glance
- EIN
- 237098879
- IRS 990-EZ coverage
- 2021–2022
- Forms available
- Form 990-EZ 2022, Form 990-N 2020
- Location
- Ypsilanti, MI, USA
- Phone
- 3133487755
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $54,818
- Expenses
- $51,223
- Assets
- $14,181
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- STAFFORD WATTS (VICEPOLEMARCH)
- ERIC BANNON (ASSISTANT EXCHEQUER)
- CHRIS HICKMAN (KEEPER OF RECORDS)
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 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To support community involvement and encourage youth ac
What it reported doing in 2022
Event fundraiser
Operating model
- Revenue model
- Donor-supported. 64% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 82
- Sustainability: 47
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.3%; rating input score 99
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 6.6%; rating input score 57; 57th percentile among comparable filings
- Total-asset coverage ratio: 0.28; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 158.5% per year; rating input score 100; 98th percentile among comparable filings
- Revenue growth: 0% per year; rating input score 100; 56th percentile among comparable filings
- Asset growth: 0.9% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: 99.3% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $54K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 5 of 7 current checks pass · 2 findings to review
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2021 to 2022
- 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.
- Moderate — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- Review — Sustainability: Operating margin scored 57/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.