Southeastern Province of Kappa Alpha Psi Fraternity
Nonprofit profile at a glance
- EIN
- 510212806
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024, Form 990-N 2008
- Location
- Atlanta, GA, USA
- Phone
- 4042728788
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Student Sororities, Fraternities
Reported finances
- Revenue
- $748,080
- Expenses
- $547,539
- Assets
- $1,908,489
- Liabilities
- $183,785
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
People named in this filing
- Brian Mock (Province Polemarch)
- Oscar Neely (Sr. Vice Polemarch)
- Victor Mattison (Jr. Vice Polemarch)
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 Southeastern Province is a community service organization that is a liaison between local chapters within the province and the fraternitys national office and administration. The Province also provides leadership training and provides a platform for local chapters to address matters on a national level.
What it reported doing in 2024
Our annual meeting Province Council is the largest activity we had during the fiscal year when using total expenses as the primary measuring criteria. This is the meeting where all chapters within the Province are required to attend. The meeting allows each chapter an opportunity to vote on officers with the exception of the President who is appointed by the National President. The meeting also allows for nominations and voting service awards as well as bestowing awards on winners. The meeting also provides opportunities for by-law changes, policy and procedure changes and resolutions to be identifies and/or adopted. Chapter are also given the opportunity to voice their concerns about other fraternity business. At the meeting, chapters hear the president issue the state of the Province address, as well as the membership receives the annual report which highlightes activity expenses and revenues. Most revenue is generally from membership registration fees including those through Membership Training Academy which encompasses initiation fees which include registration for the Province Council Meeting.
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 100% 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 a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 90
- Accountability: 64
- Sustainability: 76
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 66.6%; rating input score 67
- Program expense ratio: 88.9%; rating input score 89
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- 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: 26.8%; rating input score 82; 82nd percentile among comparable filings
- Total-asset coverage ratio: 3.49; rating input score 78; 78th percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 43; 43rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: -25.2% per year; rating input score 0; 2nd percentile among comparable filings
- Revenue growth: 16.3% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: 11.8% per year; rating input score 100; 64th percentile among comparable filings
Details
- Where the money goes: 66.6% of revenue deployed · 88.9% of spending went to programs
- Governance: 16 of 16 board members independent · 1 of 7 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $0 · 16 people listed
- Consistency: 16 of 16 current checks pass
- Schedules: 1 filed schedules
- Filing history: 2 filing years from 2023 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.
- High — Accountability: Governance controls: 5 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 43/100.