ALPHA KAPPA PSI FOUNDATION INC (EIN 356016131) - 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

1951

Legal Domicile

Principal Officer

CARL STEVEN HARTMAN

Phone

3178721553

Tax Period

2022-07-01 to 2023-06-30

ALPHA KAPPA PSI FOUNDATION INC, founded in 1951, is a small nonprofit in the Education sector that reported $158K in total revenue in fiscal year 2022. Revenue fell 90% from the prior year — a significant decline worth monitoring. Expenses of $600K exceeded revenue, resulting in a 281% operating deficit.

Mission

THE FOUNDATION'S MISSION IS TO PROVIDE RESOURCES FOR ENHANCING THE EDUCATIONAL EXPERIENCE OF FUTURE BUSINESS LEADERS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $208,960

Program Service Revenue $0

Investment Income $-56,110

Other Revenue $4,786

TOTAL REVENUE $157,636

Expense Breakdown

Grants Paid $195,670

Salaries & Benefits $292,119

Fundraising Expenses $133,483

Program Expenses $290,384

Other Expenses $112,260

TOTAL EXPENSES $600,049

Year-over-Year Comparison

	2022	2021	Change
Revenue	$157,636	$1,539,433	-0.9%
Expenses	$600,049	$453,290	+0.3%
Net Income	$-442,413	$1,086,143	-1.4%

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
TIMOTHY DANIELS	CHAIRMAN	1.00	Officer Director	$0	$0	$0
ALISON JENNINGS	VICE CHAIR	1.00	Officer Director	$0	$0	$0
MAT JOHNSTON	TREASURER/SECRETARY	1.00	Officer Director	$0	$0	$0
STEPHEN SMITH	DIRECTOR	1.00	Officer Director	$0	$0	$0
JACQUELINE GINARTE	DIRECTOR	1.00	Director	$0	$0	$0
ELIZA HERNANDEZ NUCCIO	DIRECTOR (7/1/22 - 8/6/22)	1.00	Director	$0	$0	$0
RODNEY TURNER	DIRECTOR (7/1/22 - 8/6/22)	1.00	Director	$0	$0	$0
NICK MYERS	DIRECTOR (7/1/22 - 8/6/22)	1.00	Director	$0	$0	$0
C STEVEN HARTMAN	CEO	20.00	Officer	$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	No data	No data	No data	No data
2023	$157,636	$600,049	$5,035,602	$-442,413
2022	$1,539,433	$453,290	$4,970,263	$1,086,143
2021	$996,267	$439,291	$5,034,069	$556,976
2020	$201,211	$380,576	$4,141,676	$-179,365
2019	$914,425	$366,173	$4,169,861	$548,252
2018	$501,561	$297,233	$3,919,303	$204,328

ALPHA KAPPA PSI FOUNDATION INC