Kappa Delta Foundation Incorporated

Nonprofit profile at a glance

EIN
840880886
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2021
Location
Memphis, TN, USA
Phone
9017481897
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Official website

Reported finances

Revenue
$5,399,263
Expenses
$4,695,442
Assets
$52,136,592
Liabilities
$1,139,642

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

Leadership & pay

15 people listed

Executive titles in this filing

  • MARGARET WAPLES (EXECUTIVE DIRECTOR)

People named in this filing

  • MICHELLE RABIDEAU (BOARD CHAIR)
  • KIRSTEN KUYKENDOLL (VICE - CHAIR)
  • CHERYL SIZER (SECRETARY - TREASURER)

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

The kappa delta foundation unites sisters to invest in one another, fostering a legacy of support and empowerment. Through scholarships, leadership programs, charitable efforts and member assistance, the foundation advances the mission of kappa delta sorority and inspires a lifetime of confidence, growth and connection.

What it reported doing in 2024

See schedule o.leadership programming and professional development: the foundation supports leadership and educational initiatives that builds confidence, fosters personal and professional growth, and develops skills and a lifelong commitment to service among members. Through these efforts, the foundation invested in the next generation of women leaders who will make a meaningful difference in their communities and professions. Highlights included critical training and professional development for: professional development for leadership development consultants, the officer experience institute, national convention programming, the confident conversations virtual series, articles in the angelos magazine, a grant to fund research to further strengthen the sorority experience. Mental health education and member well-being programs: kappa delta empowers our members to lead with confidence, care and connection. Thousands of collegians and advisors engaged in kd's virtual education platform, gaining accessible, high-quality training in hazing prevention, harm reduction, advisor education and more. Through the name your story program, members learned to recognize signs of stress, support one another and strengthen their mental health. The alcohol skills training program (astp), a new initiative, also advanced our harm-reduction efforts, encouraging honest conversations about safety and responsible choices. Together, these educational programs continue our commitment to providing sisters with tools to make brave decisions for their well-being.

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 98% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 67
  • Accountability: 100
  • Sustainability: 79
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.7%; rating input score 75
  • Program expense ratio: 62.9%; rating input score 63
  • Fundraising efficiency: $5.36 raised per $1 spent on fundraising; rating input score 19; 19th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 23rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 88.5%; rating input score 88; 25th 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; 63rd percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 13%; rating input score 68; 68th percentile among comparable filings
  • Total-asset coverage ratio: 11.1; rating input score 92; 92nd percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings

Growth

  • Program expense growth: 10.9% per year; rating input score 100; 67th percentile among comparable filings
  • Revenue growth: 5.2% per year; rating input score 100; 43rd percentile among comparable filings
  • Asset growth: 9.5% per year; rating input score 100; 57th percentile among comparable filings

Details

  • Where the money goes: 74.7% of revenue deployed · 62.9% of spending went to programs
  • Governance: 13 of 13 board members independent · 7 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $3M in reported program spending
  • Leadership: top reported pay $0 · 15 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 37 of 38 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 15 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 12 filed money-flow records
  • Related organizations: 12 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.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 19/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.