ALPHA-SIGMA OF KAPPA SIGMA EDUCATION FOUNDATION

EIN: 471953285 501(c)(3) Philanthropy & Grantmaking

COLUMBUS, OH

Total Revenue
$48,213
Total Expenses
$95,834
Total Assets
$232,423
Net Assets
$232,423
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
OH
Principal Officer
WALT SHULER
Tax Period
2018-01-01 to 2018-12-31

ALPHA-SIGMA OF KAPPA SIGMA EDUCATION FOUNDATION, founded in 2014, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $48K in total revenue in fiscal year 2018. Revenue decreased 14% compared to the prior year. Expenses of $96K exceeded revenue, resulting in a 99% operating deficit.

Mission

TO AID, ENCOURAGE, PROMOTE, AND CONTRIBUTE TO THE EDUCATION AND WELFARE OF PAST, CURRENT AND FUTURE MEMBERS OF THE ALPHA SIGMA CHAPTER OF THE KAPPA SIGMA FRATERNITY, A NONPROFIT ORGANIZATION, AT THE OHIO STATE UNIVERSITY, AND OTHER PERSONS ENROLLED AS STUDENTS AT ANY COLLEGE OR UNIVERSITY IN NORTH AMERICA AND PARTICULARLY IN THOSE COLLEGES AND UNIVERSITIES WHERE THE FRATERNITY IS ACTIVE; TO PROMOTE THE SCHOLARSHIP, CHARACTER AND MORALITY OF, AND PROVIDE EDUCATIONAL OPPORTUNITIES AND FACILITIES FOR SUCH STUDENTS; TO FURTHER SOUND LEARNING BY THE ESTABLISHMENT OR FINANCING OF FELLOWSHIPS AND SCHOLARSHIP INCENTIVES AND AWARDS FOR THE BENEFIT OF SUCH STUDENTS.

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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 (2018)

Revenue Breakdown

Contributions & Grants $39,930
Program Service Revenue $0
Investment Income $8,283
Other Revenue $0
TOTAL REVENUE $48,213

Expense Breakdown

Grants Paid $90,950
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $90,950
Other Expenses $4,884
TOTAL EXPENSES $95,834

Year-over-Year Comparison

2018 2017 Change
Revenue $48,213 $56,041 -0.1%
Expenses $95,834 $7,128 +12.4%
Net Income $-47,621 $48,913 -2.0%
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
9
Independent Members
9
Employees
N/A
Volunteers
60

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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WALT SHULER PRESIDENT 6.00
Officer Director
$0 $0 $0
PATRICK MARTIN VICE PRESIDE 2.00
Officer Director
$0 $0 $0
DONALD JAMES TREASURER 4.00
Officer Director
$0 $0 $0
ZACH PARKINS SECRETARY 2.00
Officer Director
$0 $0 $0
WILLIAM GIACCI BOARD MEMBER 2.00
Director
$0 $0 $0
STEVE WATTS BOARD MEMBER 2.00
Director
$0 $0 $0
RAYMOND LEE BOARD MEMBER 2.00
Director
$0 $0 $0
ROBERT LOWRIE BOARD MEMBER 4.00
Director
$0 $0 $0
DOUG KINSEY BOARD MEMBER 2.00
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
2018 $48,213 $95,834 $232,423 $-47,621
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