KAPPA ALPHA PSI FOUNDATION INC

EIN: 232205286 501(c)(3)

PHILADELPHIA, PA

Total Revenue
$971,929
Total Expenses
$1,096,818
Total Assets
$5,851,780
Net Assets
$5,667,528
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
PA
Principal Officer
MARTIN HUBBARD
Phone
2152287184
Tax Period
2024-01-01 to 2024-12-31

KAPPA ALPHA PSI FOUNDATION INC, founded in 1981, is a small nonprofit that reported $972K in total revenue in fiscal year 2024. Revenue fell 54% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 13% operating deficit.

Mission

TO PROVIDE SUPPORT FOR KAPPA ALPHA PSI FRATERNITY, INC. MEMBERS AND OTHERS IN SERVICE TO COMMUNITIES WITH PARTICULAR EMPHASIS ON AFRICAN-AMERICAN COMMUNITIES

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $437,345
Program Service Revenue $0
Investment Income $85,576
Other Revenue $449,008
TOTAL REVENUE $971,929

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $37,702
Program Expenses $863,375
Other Expenses $1,096,818
TOTAL EXPENSES $1,096,818

Year-over-Year Comparison

2024 2023 Change
Revenue $971,929 $2,116,631 -0.5%
Expenses $1,096,818 $1,518,118 -0.3%
Net Income $-124,889 $598,513 -1.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
22
Independent Members
5
Employees
1
Volunteers
N/A

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
5
$0
Total Directors
32
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARTIN HUBBARD TREASURER N/A
Officer Director
$0 $0 $0
MICHAEL J DUBOSE PRESIDENT N/A
Officer Director
$0 $0 $0
RODNEY BERRYMAN VICE PRESIDE N/A
Officer Director
$0 $0 $0
MICHEAL M ADKINSON PE SECRETARY N/A
Officer Director
$0 $0 $0
RODNEY C ADKINS BOARD DIR.-E N/A
Director
$0 $0 $0
THOMAS L BATTLES JR BOARD DIRECT N/A
Director
$0 $0 $0
RHEN C BASS SECPA BOARD DIRECT N/A
Director
$0 $0 $0
JAMES SIMMS BOARD DIRECT N/A
Director
$0 $0 $0
RICHARD O COLEMAN BOARD DIRECT N/A
Director
$0 $0 $0
ROBERT L GREENE BOARD DIR.-E N/A
Director
$0 $0 $0
CAIN A HAYES CEBS CHFC BOARD DIRECT N/A
Director
$0 $0 $0
DONALD E FRIESON BOARD DIRECT N/A
Director
$0 $0 $0
GREGORY S THOMAS BOARD DIRECT N/A
Director
$0 $0 $0
DONALD BLAND BOARD DIRECT N/A
Director
$0 $0 $0
WILLIAM B CROOM BOARD DIR.-E N/A
Director
$0 $0 $0
ROBERT L HARRIS ESQ BOARD DIR.-E N/A
Director
$0 $0 $0
MELVIN C HOPSON BOARD DIR.-E N/A
Director
$0 $0 $0
ANTHONY STEPNEY EXECUTIVE DI N/A
Officer Director
$0 $0 $0
JIMMY MCMIKLE BOARD DIRECT N/A
Director
$0 $0 $0
ROBERT L JENKINS ESQ BOARD DIRECT N/A
Director
$0 $0 $0
JORDAN SMITH BOARD DIRECT N/A
Director
$0 $0 $0
KEVIN D KYLES BOARD DIRECT N/A
Director
$0 $0 $0
THERESA L FOSTER BOARD DIRECT N/A
Director
$0 $0 $0
SEAN BATTLE BOARD DIRECT N/A
Director
$0 $0 $0
GAIL COLES JOHNSON BOARD DIRECT N/A
Director
$0 $0 $0
SHERMAN KIZART BOARD DIRECT N/A
Director
$0 $0 $0
ADRIENNE C TRIMBLE BOARD DIRECT N/A
Director
$0 $0 $0
DARRYL BERRY BOARD DIRECT N/A
Director
$0 $0 $0
O'KELLY E MC WILLIAMS III BD. DIR.-LEG N/A
Director
$0 $0 $0
CHERYL DAVIS BD. DIR-EXEC N/A
Director
$0 $0 $0
MONA HUDSON BD DIR.-EVEN N/A
Director
$0 $0 $0
LATRICIA HARPER WOODS BD. DIR.-MAR N/A
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
2024 $971,929 $1,096,818 $5,851,780 $-124,889
2023 $2,116,631 $1,518,118 $5,507,171 $598,513
2022 $768,956 $1,097,442 $5,095,404 $-328,486
2022 $1,277,394 $983,380 $4,992,612 $294,014
2021 $1,338,555 $650,006 $5,297,285 $688,549
2020 $1,598,623 $975,908 $4,629,586 $622,715
2019 $815,080 $824,217 $3,644,575 $-9,137
Explore More Nonprofits
→Top 100 Nonprofits in Pennsylvania →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare KAPPA ALPHA PSI FOUNDATION INC with other nonprofits in Pennsylvania and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.