ALEXANDRIA-FAIRFAX ALUMNI CHAPTER KAPPA SCHOLARSHIP ENDOWMENT FUND INC

EIN: 541562320 501(c)(3) Education

ALEXANDRIA, VA

Total Revenue
$327,306
Total Expenses
$346,461
Total Assets
$1,319,729
Net Assets
$684,775
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
VA
Principal Officer
MARCEL DIXON
Phone
7037656343
Tax Period
2024-07-01 to 2025-06-30

A-F KAPPA SCHLARSHIP ENDOWMENT FUND INC, founded in 1990, is a small nonprofit in the Education sector that reported $196K in total revenue in fiscal year 2020. Revenue decreased 12% compared to the prior year. The organization ran a surplus of $73K, a strong 37% operating margin.

Mission

OUR MISSION IS TO DEVELOP BLACK MALE LEADERS OF THE FUTURE THROUGH EDUCATION AND ENGAGEMENT IN ENRICHMENT PROGRAMS AND SERVICES THAT IMPACT THE COMMUNITY.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $236,521
Program Service Revenue $8,569
Investment Income $718
Other Revenue $81,498
TOTAL REVENUE $327,306

Expense Breakdown

Grants Paid $34,932
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $172,737
Other Expenses $311,529
TOTAL EXPENSES $346,461

Year-over-Year Comparison

2024 2023 Change
Revenue $327,306 $303,400 +0.1%
Expenses $346,461 $302,331 +0.1%
Net Income $-19,155 $1,069 -18.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
21
Independent Members
21
Employees
N/A
Volunteers
100

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
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARCEL DIXON PRESIDENT 10
Officer Director
$0 $0 $0
JEREMY GEORGE VICE PRESIDENT 10
Officer Director
$0 $0 $0
RAYRICUS MATTHEWS SECRETARY 10
Officer Director
$0 $0 $0
RONALDO NICHOLSON TREASURER 10
Officer Director
$0 $0 $0
CURTIS NUNLEY BOARD MEMBER 10
Director
$0 $0 $0
MARCO JACOBS BOARD MEMBER 10
Director
$0 $0 $0
BINIAM IDRISS BOARD MEMBER 10
Director
$0 $0 $0
KENDALL WHITE BOARD MEMBER 10
Director
$0 $0 $0
PHILLIP THOMAS BOARD MEMBER 10
Director
$0 $0 $0
JUSTIN WILSON BOARD MEMBER 10
Director
$0 $0 $0
RYAN SWANIER BOARD MEMBER 10
Director
$0 $0 $0
JEROME BUTLER II BOARD MEMBER 10
Director
$0 $0 $0
MARK SPARGER BOARD MEMBER 10
Director
$0 $0 $0
RILEY JACOBS BOARD MEMBER 10
Director
$0 $0 $0
KEVIN HAWKINS BOARD MEMBER 10
Director
$0 $0 $0
DAVID HILL SR BOARD MEMBER 10
Director
$0 $0 $0
THURMAN CHARLESTON BOARD MEMBER 10
Director
$0 $0 $0
JOSHUA EDISION BOARD MEMBER 10
Director
$0 $0 $0
BRYAN CANNON BOARD MEMBER 10
Director
$0 $0 $0
SHANE DEVERA-WADEN BOARD MEMBER 10
Director
$0 $0 $0
JAMES IKE ROBINSON BOARD MEMBER 10
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
2025 $327,306 $346,461 $1,319,729 $-19,155
2024 $303,400 $302,331 $1,373,540 $1,069
2023 $299,456 $230,382 $1,455,659 $69,074
2022 $312,755 $191,794 $1,370,425 $120,961
2021 $195,967 $122,973 $523,200 $72,994
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