KAPPA DELTA PSI BUILDING FUND INC

EIN: 900728540 Education

FRASER, MI

Total Revenue
$208,278
Total Expenses
$39,489
Total Assets
$239,780
Net Assets
$239,780
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1959
Legal Domicile
MI
Principal Officer
DARREN ENGBRING
Phone
2489300355
Tax Period
2021-01-01 to 2021-12-31

KAPPA DELTA PSI BUILDING FUND INC, founded in 1959, is a small nonprofit in the Education sector that reported $208K in total revenue in fiscal year 2021. Revenue surged 153% from the prior year, signaling strong growth momentum. The organization ran a surplus of $169K, a strong 81% operating margin.

Mission

THE KAPPA DELTA PSI BUILDING FUND, INC. (KDBFI) IS ENTITY THAT OWNS AND IS RESPONSIBLE FOR THE PHYSICAL PROPERTY IN WHICH THE CURRENT MEMBERS OF KAPPA DELTA PSI FRATERNITY RESIDE, AS WELL AS THE ORGANIZATION'S MONETARY ASSETS. THE KDBFI MAINTAINS FIRE AND GENERAL LIABILITY INSURANCE POLICIES, AND HAS MEASURES IN PLACE TO ENSURE THAT A SAFE ENVIRONMENT IS PROVIDED FOR THE MEMBERS, INCLUDING ANNUAL SAFETY INSPECTIONS CONDUCTED BY BOTH THE CITY OF HOUGHTON AND THE FIRE INSURER.

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $184,253
Program Service Revenue $24,025
Investment Income $0
Other Revenue $0
TOTAL REVENUE $208,278

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $39,489
Other Expenses $39,489
TOTAL EXPENSES $39,489

Year-over-Year Comparison

2021 2020 Change
Revenue $208,278 $82,381 +1.5%
Expenses $39,489 $53,751 -0.3%
Net Income $168,789 $28,630 +4.9%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
16
Independent Members
16
Employees
N/A
Volunteers
16

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
3
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DARREN ENGBRING PRESIDENT 2.00
Officer Director
$0 $0 $0
DALE SCHWACH SECRETARY 1.00
Officer Director
$0 $0 $0
JACOB ROKOS DIRECTOR 0.00
Director
$0 $0 $0
JOHN HELGE DIRECTOR 0.00
Director
$0 $0 $0
MIKE MOYLE DIRECTOR 0.00
Director
$0 $0 $0
MATT WOOD DIRECTOR 0.00
Director
$0 $0 $0
DEREK SCHMIDT DIRECTOR 0.00
Director
$0 $0 $0
THOMAS A SPELMAN DIRECTOR 0.00
Director
$0 $0 $0
GLENN SMITH DIRECTOR 0.00
Director
$0 $0 $0
GEORGE TWARDZIK DIRECTOR 0.00
Director
$0 $0 $0
PETER LINCOLN DIRECTOR 0.00
Director
$0 $0 $0
LEE MARANA DIRECTOR 0.00
Director
$0 $0 $0
RANDY ISAACSON DIRECTOR 0.00
Director
$0 $0 $0
ZACK VERRAN DIRECTOR 0.00
Director
$0 $0 $0
WIL TWARDZIK VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
JP MOODY DIRECTOR 0.00
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
2021 $208,278 $39,489 $239,780 $168,789
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