LANCASTER PALMDALE ALUMNI CHAPTER OF KAPPA ALPHA PSI FRATERNITY INC (EIN 521976867) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

Melvyn C Bell

Tax Period

2023-01-01 to 2023-12-31

LANCASTER PALMDALE ALUMNI CHAPTER OF KAPPA ALPHA PSI FRATERNITY INC, founded in 1995, is a micro nonprofit in the Education sector that reported $11K in total revenue in fiscal year 2023. The organization ran a surplus of $2K, a strong 17% operating margin.

Mission

To unite college men of culture, Patriotism & honor in a bond of fraternity; To inspire service in the public interest; to promote the spiritual, social, Intellectual and moral welfare of its members; and to provide mentoring and financial asistance to high school students.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $10,764

Investment Income $0

Other Revenue $0

TOTAL REVENUE $10,764

Expense Breakdown

Grants Paid $3,286

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,575

Other Expenses $5,658

TOTAL EXPENSES $8,944

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,764	N/A	N/A
Expenses	$8,944	N/A	N/A
Net Income	$1,820	$0	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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 Trimble	President	12.00	Officer Director	$0	$0	$0
Joshua D Patterson	Vice President	12.00	Officer Director	$0	$0	$0
Melvyn C Bell	Secretary	12.00	Officer Director	$0	$0	$0
John Hill Jr	Board Member	12.00	Director	$0	$0	$0
Duane Walker	Treasurer	12.00	Officer Director	$0	$0	$0
Kevin Willis	Board Member	12.00		$0	$0	$0
Patrick Campbell	Board Member	12.00	Director	$0	$0	$0
Craig Patton	Board Member	12.00	Director	$0	$0	$0
Wale Olukanmi	Board Member	12.00		$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
2023	$10,764	$8,944	No data	$1,820

LANCASTER PALMDALE ALUMNI CHAPTER OF KAPPA ALPHA PSI FRATERNITY INC