KAPPA ALPHA PSI FRATERNITY SOUTHERN PROVINCE

EIN: 510212810

MOBILE, AL

Total Revenue
$586,339
Total Expenses
$498,723
Total Assets
$894,027
Net Assets
$885,182
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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
FL
Principal Officer
JASON M JONES ESQ
Tax Period
2024-10-01 to 2025-09-30

KAPPA ALPHA PSI FRATERNITY SOUTHERN PROVINCE, founded in 1951, is a small nonprofit that reported $586K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $499K left a modest 15% surplus.

Mission

THE ORGANIZATION STRIVES TO FOSTER ACHIEVEMENT IN EVERY FIELD OF HUMAN ENDEAVOR. THE SOUTHERN PROVINCE OF KAPPA ALPHA PSI FRATERNITY IS PART ON A NATIONAL ORGANIZATION WHICH PROVIDES ADMINISTRATIVE, TRAINING AND ADVISORY LEADERSHIP TO 75 ALUMNI AND COLLEGE UNDERGRADUATE CHAPTERS IN ALABAMA AND FLORIDA. THE PROVINCE APPOINTED POLEMARCH(PRESIDENT) AND BOARD OF DIRECTORS ARE AVAILABLE AT ALL TIMES TO PROVIDE HELP AND ASSIST THE PROVINCIAL CHAPTERS AS WELL AS COLLEGE ADMINISTRATOR'S. THE SOUTHERN PROVINCE HAS FOCUS ON PROVIDING AND DEVELOPING COLLEGE STUDENTS TO BE LEADERS ON THEIR CAMPUSES AND THEIR COMMUNITY SINCE 1950 AND WILL CONTINUE TO PROMOTE THESE ACTIVITIES. THE SOUTHERN PROVINCE REQUIRES ALL CHAPTERS TO MEET SEVERAL TIMES A YEAR TO TRAIN AND UPDATE MEMBERS ON COMMUNITY SERVICE ACTIVITIES AND ORGANIZATIONAL REQUIREMENTS. LISTED ARE THE ACTIVITIES CONDUCTED EACH YEAR BY THE SOUTHERN PROVINCE. 1. C. RODGER WILSON LEADERSHIP CONFERENCE - THIS IS A THREE DAY TRAINING EVENT WITH WORKSH

Program Service Accomplishments

Program 1
Expenses: $353,998

TO PREPARE MEMBERS FOR ACHIEVEMENT IN FRATERNAL, PROFESSIONAL, AND COMMUNITY LIFE.

Program 2
Expenses: $81,376

ORGANIZATION PROGRAMS AND SUPPORT TO TRAIN AND MENTOR YOUNG MEN.

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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 $146,111
Program Service Revenue $440,228
Investment Income $0
Other Revenue $0
TOTAL REVENUE $586,339

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $435,374
Other Expenses $498,723
TOTAL EXPENSES $498,723

Year-over-Year Comparison

2024 2023 Change
Revenue $586,339 $509,974 +0.1%
Expenses $498,723 $431,908 +0.2%
Net Income $87,616 $78,066 +0.1%
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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Governance

Voting Members
20
Independent Members
20
Employees
N/A
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JASON M JONES ESQ PRESIDENT N/A
Officer
$0 $0 $0
HERNANDO D CARTER VICE PRESIDE N/A
Officer
$0 $0 $0
GREGORY WILLIAMS SECRETARY N/A
Officer
$0 $0 $0
RALPH ALTICE TREASURER N/A
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 $586,339 $498,723 $894,027 $87,616
2024 $509,974 $431,908 $784,981 $78,066
2023 $1,026,148 $984,960 $699,722 $41,188
2022 $1,342,330 $1,250,723 $670,661 $91,607
2021 $94,895 $63,267 $611,456 $31,628
2020 $832,755 $667,783 $586,907 $164,972
2019 $781,921 $770,876 $421,935 $11,045
2018 $821,239 $754,656 $411,389 $66,583
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