Kappa Alpha Psi Guide Right Foundation of Montgomery Inc

Nonprofit profile at a glance

EIN
800074492
IRS 990 coverage
2021–2024
Forms available
Form 990 2024, Form 990-N 2020
Location
Montgomery, AL, USA
Phone
3343249311
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$93,881
Expenses
$87,864
Assets
$983,150
Liabilities
$337,016

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

Leadership & pay

13 people listed

Executive titles in this filing

  • DeAndre Meadows (Vice President)
  • Julius Taylor (President)

People named in this filing

  • Jeffrey Brown (Director)
  • Legand Burge (Director)
  • John Ivery (Director)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To engage in charitable activities and extend financial aid through grants, gifts, contributions, and other aid or assistance to qualified Youth. To encourage, promote and participate in the education of youth and related activities and services for the benefit of residents of the Montgomery area.

What it reported doing in 2024

Contributions to the Guide Right Program, of the Montgomery Alumni Chapter, Kappa Alpha Psi Fraternity. Provides funding for 3 mentoring programs serving 90 - 100, 4th-12th grade students in the Montgomery area. These programs promote motivation toward achievements in school as well as other life skills needed for success. These mentoring programs are called: Kappa Kids, which focuses on 4th and 5th graders, Kappa Knights, which targets 6th through 9th graders, and Kappa League which focuses 10th through 12th grades.

Operating model

Revenue model
Donor-supported. 74% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 44
  • Transparency & Controls: 87
  • Accountability: 70
  • Sustainability: 57
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 48%; rating input score 48
  • Program expense ratio: 51.3%; rating input score 51
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 24th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 91.1%; rating input score 91; 54th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • 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: 6.4%; rating input score 62; 62nd percentile among comparable filings
  • Total-asset coverage ratio: 11.19; rating input score 66; 66th percentile among comparable filings
  • Liabilities to assets ratio: 0.34; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 37.2% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: -33.8% per year; rating input score 0; 12th percentile among comparable filings
  • Asset growth: 23.5% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 48% of revenue deployed · 51.3% of spending went to programs
  • Governance: 12 of 12 board members independent · 2 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $45K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 17 of 19 current checks pass · 2 findings to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Financial Efficiency: Mission deployment rate scored 48/100.
  • Review — Financial Efficiency: Program expense ratio scored 51/100.
  • High — Accountability: Governance controls: 4 of 6 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 12/100.