Lawrenceville-duluth Alumni Chapter of Kappa Alpha Psi Inc

Nonprofit profile at a glance

EIN
680663861
IRS 990-EZ coverage
2020–2023
Forms available
Form 990 2021, Form 990-EZ 2023
Location
Duluth, GA, USA
Phone
4043869917
Rating
37
Verdict
REVIEW
Rating confidence
Moderate
Sector
Student Sororities, Fraternities

Reported finances

Revenue
$102,870
Expenses
$101,683
Assets
$73,751
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Shun Pringle (President)
  • Anthony Peak (Vice President)

People named in this filing

  • Daud Haseeb (Board of Directors)
  • Shun Pringle (President)
  • Anthony Peak (Vice President)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Chapter's focal point is to embody the interest of the fraternity and demonstrate it's ability to lead others in the community we embrace. We currently have 184 Fully financial members. Through our national service programs, leadership development and personal achievements, we shall continue to uphold our fraternity's grand purpose of achievement. The chapter supports the Fraternity's National, Regional and Local Guideright. Guideright is our mentoring efforts to assist young middle and high school males through tutoring, leadership training, dignity and respect campaigns, dress for success, public speaking, etc.

What it reported doing in 2023

The chapter raises funds to support our foundation to award scholarships to graduating seniors in the Gwinnett County Public Schools as well as the Georgia Gwinnett College students. We also raise funds for donations to St. Judes Childrens' Hospital. We also partner with the foundation to provide backpacks and school supplies to students in Gwinnett county.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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

REVIEW - The filed numbers largely add up and program spending has grown recently. 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: 0
  • Transparency & Controls: 73
  • Sustainability: 49
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 88.9%; rating input score 89; 1st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 1.2%; rating input score 38; 38th percentile among comparable filings
  • Total-asset coverage ratio: 0.73; rating input score 49; 49th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 21.4% per year; rating input score 100; 76th percentile among comparable filings
  • Revenue growth: 17.4% per year; rating input score 100; 79th percentile among comparable filings
  • Asset growth: 2.9% per year; rating input score 100; 37th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2020 to 2023
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • Moderate — Sustainability: Operating margin scored 38/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.