ORLANDO ALUMNI CHAPTER OF KAPPA ALPHA PSI FRATERNITY INC

EIN: 593611545 501(c)(3) Education

Orlando, FL

Total Revenue
$112,559
Total Expenses
$74,406
Total Assets
$1,137,898
Net Assets
$1,079,383
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
FL
Principal Officer
Al Carson
Phone
4074844922
Tax Period
2023-10-01 to 2024-09-30

ORLANDO ALUMNI CHAPTER OF KAPPA ALPHA PSI FRATERNITY INC, founded in 2015, is a small nonprofit in the Education sector that reported $113K in total revenue in fiscal year 2023. Revenue surged 61% from the prior year, signaling strong growth momentum. The organization ran a surplus of $38K, a strong 34% operating margin.

Mission

Our mission is to promote, support and help execute the programs of the fraternity. To promote leadership, honorable achievement; support and promote college educational opportunities for students in our community; support the development of community health economic, social, life skills for under privileged or at risk groups within the community. To initiate progressive fundraising in Florida. Develop a culture of excellance in academics, science, business and community development.

Program Service Accomplishments

Program 1
Expenses: $2,423 Revenue: $0

Cost of annual Founder's Day event

Program 2
Expenses: $18,736 Revenue: $0

The Guide Right is a national program. The principle objectives of this mentor program is to enhance the educational and employment opportunities of disadvantage youth in engineering, math, computer...

Read more

The Guide Right is a national program. The principle objectives of this mentor program is to enhance the educational and employment opportunities of disadvantage youth in engineering, math, computer science, science, and business (due to covid, limited meeting opportunities);

Program 3
Expenses: $2,709 Revenue: $0

Province and International Dues for new members.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $36,913
Program Service Revenue $40,501
Investment Income $14,102
Other Revenue $21,043
TOTAL REVENUE $112,559

Expense Breakdown

Grants Paid $9,200
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $39,658
Other Expenses $65,206
TOTAL EXPENSES $74,406

Year-over-Year Comparison

2023 2022 Change
Revenue $112,559 $69,909 +0.6%
Expenses $74,406 $65,421 +0.1%
Net Income $38,153 $4,488 +7.5%
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

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
60

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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Daxton Barkley Polemarch 25.00
Officer
$0 $0 $0
Tyrone Haskett Vice Polemarch 25.00
Officer
$0 $0 $0
Melvin Montgomery Keeper of Records 25.0
Officer
$0 $0 $0
Al Carson Keeper of Echequer 25.0
Officer
$0 $0 $0
Dante Parker Assistant Keeper of Exchequer 25.00
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
2024 $112,559 $74,406 $1,137,898 $38,153
2023 $69,909 $65,421 $1,092,946 $4,488
2022 $131,082 $122,523 $896,735 $8,559
2021 $113,390 $86,500 $740,891 $26,890
2020 $97,342 $94,577 $591,287 $2,765
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ORLANDO ALUMNI CHAPTER OF KAPPA ALPHA PSI FRATERNITY INC with other nonprofits in Florida and across the country.