Kappa Alpha Psi Fraternity Inc (EIN 521238087) - 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

1979

Legal Domicile

Principal Officer

Carroll J Harris

Phone

2404168044

Tax Period

2021-05-01 to 2022-04-30

Kappa Alpha Psi Fraternity Inc, founded in 1979, is a small nonprofit that reported $119K in total revenue in fiscal year 2021. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $20K, a strong 17% operating margin.

Mission

To enhance and sustain a bond of brotherhood based on diverse skill sets among the membership, camaraderie and unique collaboration, and to serve our local communities proactively with programs and activities .......

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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 (2021)

Revenue Breakdown

Contributions & Grants $52,578

Program Service Revenue $56,170

Investment Income $9,853

Other Revenue $196

TOTAL REVENUE $118,797

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $916

Program Expenses $89,561

Other Expenses $98,703

TOTAL EXPENSES $98,703

Year-over-Year Comparison

	2021	2020	Change
Revenue	$118,797	$81,767	+0.5%
Expenses	$98,703	$50,306	+1.0%
Net Income	$20,094	$31,461	-0.4%

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

146

Independent Members

146

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Pitts	Polemarch	010.00	Officer Director	$0	$0	$0
Richard C Baker	Vice Polemarch	010.00	Officer Director	$0	$0	$0
Sir Bernard	2nd Vice Polemarch	010.00	Officer Director	$0	$0	$0
Terrell Smith	Keeper of Records	010.00	Officer Director	$0	$0	$0
David Torrence	Exchequer	010.00	Officer Director	$0	$0	$0
Carroll J Harris	Board Member	010.00	Director	$0	$0	$0
Jeffrey Smith	Board Member	010.00	Director	$0	$0	$0
Ulysses Garrett	Board Member	010.00	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
2022	$118,797	$98,703	$248,691	$20,094
2021	$81,947	$48,052	$219,172	$33,895
2020	$236,491	$211,266	$205,850	$25,225

Kappa Alpha Psi Fraternity Inc