ALPHA KAPPA ALPHA SORORITY INC

EIN: 362152330

CHICAGO, IL

Total Revenue
$60,880,352
Total Expenses
$63,772,902
Total Assets
$76,668,993
Net Assets
$53,054,842
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1908
Legal Domicile
IL
Principal Officer
DANETTE ANTHONY REED
Phone
7733714432
Tax Period
2024-01-01 to 2024-12-31

ALPHA KAPPA ALPHA SORORITY INC, founded in 1908, is a mid-sized nonprofit that reported $60.9M in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum.

Mission

Our purpose is to cultivate high scholastic and ethical standards, through outreach programs in education, health, leadership development, community service and other areas that improve the social stature of women and girls, and be of service to all mankind.UNDER CODE SECTION 501(C)7 AKA IS A SOCIAL CLUB ORGANIZED FOR PLEASURE, RECREATION AND NON-PROFIT PURPOSES WHICH INCLUDE RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL SUPPORT. THESE CHARITABLE FUNCTIONS ARE SUPPORTED WITH FUNDS SET ASIDE FOR THESE PURPOSES IN COMPLIANCE WITH THE CODE SECTION.

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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 $59,668,282
Investment Income $0
Other Revenue $1,212,070
TOTAL REVENUE $60,880,352

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,457,822
Fundraising Expenses $0
Program Expenses $43,182,947
Other Expenses $59,315,080
TOTAL EXPENSES $63,772,902

Year-over-Year Comparison

2024 2023 Change
Revenue $60,880,352 $45,276,043 +0.3%
Expenses $63,772,902 $47,246,171 +0.3%
Net Income $-2,892,550 $-1,970,128 +0.5%
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

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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
18
Independent Members
N/A
Employees
37
Volunteers
110856

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
8
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICOLE H BARRETT DEPUTY DIRECTOR 40.00
$176,552 $0 $176,552
BARBARA BROOKS DIRECTOR OF HR 40.00
$142,744 $0 $142,744
PATRICIA WATKINS DRTR OF MEMBERSHIP 40.00
$136,075 $0 $136,075
DAROLD FLETCHER DIRECTOR OF IT 40.00
$123,466 $0 $123,466
GIOVANNI COLON Director of IT 40.00
$122,207 $0 $122,207
ELICIA PEGUES SPEARMAN N. ATL. REG DIR 5.00
Director
$0 $0 $0
NADINE VARGAS STEWART MID ATL REG DIR 15.00
Director
$0 $0 $0
TIFFANY MOORE RUSSELL STH ATL REG DIR 30.00
Director
$0 $0 $0
GWENDOLYN KIRTLEY GR LAKE REG DIR 25.00
Director
$0 $0 $0
TRACEY MORANT ADAMS STH EA REG DIR 35.00
Director
$0 $0 $0
JOYA T HAYES STH CEN REG DIR 25.00
Director
$0 $0 $0
KIAHNA W DAVIS CENT REG DIR 25.00
Director
$0 $0 $0
ANIKA STARLING MIDWEST REG DIR 25.00
Director
$0 $0 $0
SHELBY D BOAGNI FAR W REG DIR 20.00
Director
$0 $0 $0
CARRIE J CLARK INT REG DIRECT 35.00
Director
$0 $0 $0
DANETTE ANTHONY REED INTL PRESIDENT 10.00
Officer
$0 $0 $0
CHARLETTA WILSON JACKS 1ST VICE PRES 10.00
Officer
$0 $0 $0
ALYSSE ELAINE GUERRIER 2ND VICE PRES 15.00
Officer
$0 $0 $0
CAROLYN G RANDOLPH GRAMMATEUS 25.00
Officer
$0 $0 $0
KARLA A HALL TAMIOUCHOS 15.00
Officer
$0 $0 $0
MARTHA L PERINE BEARD PARLIAMENTARIAN 25.00
Officer
$0 $0 $0
IMANI MARIE BUTTS UNDERGRAD MEM 15.00
Officer
$0 $0 $0
MAKAYLA BROWN UNDERGRAD MEM 15.00
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
2024 $60,880,352 $63,772,902 $76,668,993 $-2,892,550
2023 $45,276,043 $47,246,171 $78,704,412 $-1,970,128
2022 $51,536,928 $53,169,601 $75,647,473 $-1,632,673
2021 $32,008,594 $26,368,008 $69,493,289 $5,640,586
2020 $22,865,578 $19,373,473 $50,053,085 $3,492,105
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