ALPHA KAPPA PSI HOUSE CORPORATION

EIN: 202689998 Community Improvement

MINNEAPOLIS, MN

Total Revenue
$181,904
Total Expenses
$181,643
Total Assets
$539,560
Net Assets
$114,658
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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
2005
Legal Domicile
MN
Principal Officer
Myron C Martin
Phone
6128072232
Tax Period
2024-07-01 to 2025-06-30

ALPHA KAPPA PSI HOUSE CORPORATION, founded in 2005, is a small nonprofit in the Community Improvement sector that reported $182K in total revenue in fiscal year 2024.

Mission

To provide convenient affordable housing to students attending the University of Minnesota.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $181,860
Investment Income $44
Other Revenue $0
TOTAL REVENUE $181,904

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,525
Fundraising Expenses $0
Program Expenses $181,643
Other Expenses $175,118
TOTAL EXPENSES $181,643

Year-over-Year Comparison

2024 2023 Change
Revenue $181,904 $181,045 +0.0%
Expenses $181,643 $180,251 +0.0%
Net Income $261 $794 -0.7%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
5

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Myron C Martin VP-Finance CFO 005.00
Officer Director
$0 $0 $0
Lois M Martin Secretary 001.00
Officer Director
$0 $0 $0
Jonathon R Podvin President CEO 005.00
Officer 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 $181,904 $181,643 $539,560 $261
2024 $181,045 $180,251 $572,758 $794
2023 $168,533 $168,366 $620,389 $167
2022 $165,051 $164,641 $616,560 $410
2021 $159,397 $159,189 $621,345 $208
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