Richton Park Chapter of Kappa Alpha Psi Fraternity

Nonprofit profile at a glance

EIN
562664484
IRS 990-EZ coverage
2015–2024
Forms available
Form 990-EZ 2024
Location
Richton Park, IL, USA
Phone
7088221247
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Student Sororities, Fraternities

Official website

Reported finances

Revenue
$43,902
Expenses
$36,702
Assets
$19,886
Liabilities
$0

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

Leadership & pay

5 people listed

People named in this filing

  • Anthony Burton (Polemarch)
  • Darron Ramsey (Vice Polemarch)
  • Robert Modiest (Keeper of Exchequer)

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

Consistent with the Grand Chapter of Kappa Alpha Psi Fraternity Inc., the Chapter's objectives are as follows: 1. To unite college men of culture, patriotism, and honor in a bond of fraternity. 2. To encourage honorable achievement in every field of human endeavor. 3. To promote the spiritual, social, intellectual, and moral welfare of members. 4. To assist the aims and purposes of colleges and universities. 5. To inspire service in the public interest.

What it reported doing in 2024

Membership meetings to discuss governance matters that includes Province Council, C. Rodger Wilson Leadership Conferences for undergraduate students.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 84% 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

SUPPORTED - The filed numbers largely add up and revenue 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: 50
  • Transparency & Controls: 82
  • Sustainability: 57
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 46.4%; rating input score 46
  • Program expense ratio: 55.5%; rating input score 56

Transparency & Controls

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

Sustainability

  • Operating margin: 16.4%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 0.54; rating input score 31; 31st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -1.5% per year; rating input score 0; 44th percentile among comparable filings
  • Revenue growth: 2.8% per year; rating input score 100; 64th percentile among comparable filings
  • Asset growth: 1.9% per year; rating input score 100; 46th percentile among comparable filings

Details

  • Where the money goes: 46.4% of revenue deployed · 55.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $20K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 9 filing years from 2015 to 2024
  • 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 — Financial Efficiency: Mission deployment rate scored 46/100.
  • Review — Financial Efficiency: Program expense ratio scored 56/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.