KAPPA FOUNDATION INC (EIN 156022994) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1946

Legal Domicile

Principal Officer

DAVID BURROWS

Phone

6072725550

Tax Period

2023-07-01 to 2024-06-30

KAPPA FOUNDATION INC, founded in 1946, is a small nonprofit that reported $223K in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $76K, a strong 34% operating margin.

Mission

PROVIDE UNDERGRADUATE MATRICULATED CORNELL STUDENTS WHO ARE MEMBERS OF THE FRATERNITY HOUSING, MEAL PLANS, AND A SPACE FOR CHAPTER FUNCTIONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $10,251

Program Service Revenue $212,928

Investment Income $0

Other Revenue $0

TOTAL REVENUE $223,179

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $147,523

TOTAL EXPENSES $147,523

Year-over-Year Comparison

	2023	2022	Change
Revenue	$223,179	$176,035	+0.3%
Expenses	$147,523	$133,745	+0.1%
Net Income	$75,656	$42,290	+0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID BURROWS	PRESIDENT	1.00	Officer Director	$0	$0	$0
SCOTT GOLDSTEIN	SECRETARY	1.00	Officer Director	$0	$0	$0
DAVE COYNE	DIRECTOR-ALUMNUS FACILITY	1.00	Director	$0	$0	$0
MICHAEL CIMINI	DIRECTOR	1.00	Director	$0	$0	$0
ALAN GARCIA	DIRECTOR	1.00	Director	$0	$0	$0
BRUCE OSTROFF	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$223,179	$147,523	$1,379,543	$75,656
2023	$176,035	$133,745	$1,323,367	$42,290
2022	$174,890	$144,988	$1,329,528	$29,902
2021	$156,665	$142,278	$1,337,367	$14,387
2020	$163,125	$125,416	$1,327,059	$37,709
2019	$166,589	$249,338	$1,347,464	$-82,749
2018	$228,474	$212,227	$1,391,113	$16,247

KAPPA FOUNDATION INC