KAPPA ALPHA HOUSING ASSOCIATION OF FLORIDA INC (EIN 593078421) - 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

1993

Legal Domicile

Principal Officer

BLAIR BAILEY

Phone

6597342900

Tax Period

2024-07-01 to 2025-06-30

KAPPA ALPHA HOUSING ASSOCIATION OF FLORIDA INC, founded in 1993, is a small nonprofit that reported $469K in total revenue in fiscal year 2024. Revenue surged 432% from the prior year, signaling strong growth momentum. Expenses of $541K exceeded revenue, resulting in a 15% operating deficit.

Mission

PROVIDE HOUSING FOR UNDERGRADUATE CHAPTER OF A NATIONAL COLLEGIATE SOCIAL FRATERNITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $468,418

Investment Income $173

Other Revenue $0

TOTAL REVENUE $468,591

Expense Breakdown

Grants Paid $0

Salaries & Benefits $34,921

Fundraising Expenses $0

Other Expenses $506,288

TOTAL EXPENSES $541,209

Year-over-Year Comparison

	2024	2023	Change
Revenue	$468,591	$88,000	+4.3%
Expenses	$541,209	$124,094	+3.4%
Net Income	$-72,618	$-36,094	+1.0%

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

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

Independent Members

Employees

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
BLAIR BAILEY	PRESIDENT	2.00	Officer Director	$0	$0	$0
JAMES WHITE	TREASURER	1.00	Officer Director	$0	$0	$0
BRENT FELLOWS	SECRETARY	1.00	Officer Director	$0	$0	$0
MALCOLM LILES	DIRECTOR	1.00	Director	$0	$0	$0
JAMES SCHMUCK	DIRECTOR	1.00	Director	$0	$0	$0
RUSSELL GROOMS	DIRECTOR	1.00	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
2025	$468,591	$541,209	$645,161	$-72,618
2024	No data	No data	No data	No data
2023	$186,683	$174,806	$708,581	$11,877
2022	$5,015	$6,732	$701,789	$-1,717

KAPPA ALPHA HOUSING ASSOCIATION OF FLORIDA INC