Anomalous $1 revenue and $1 asset reported in the 202205 filing, raising questions about reporting accuracy.
Significant drop in assets from $36,702 in 202005 to $1,502 in 202105, then to $1 in 202205 without clear explanation.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering efficiency assessment.
Inconsistent financial performance with fluctuating revenue and expenses over the past decade.
Strengths
Consistent filing of IRS 990 forms, indicating compliance with reporting requirements.
Zero reported officer compensation across all filings, suggesting low executive overhead.
Generally operates with low liabilities, indicating responsible debt management.
Spending Breakdown
How Kappa Sigma Fraternity allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Kappa Sigma Fraternity
Is Kappa Sigma Fraternity a legitimate charity?
Based on AI analysis of IRS 990 filings, Kappa Sigma Fraternity (EIN: 203322620) shows mixed signals. Mission Score: 55/100. 4 red flags identified, 3 strengths noted.
Is Kappa Sigma Fraternity a good charity to donate to?
Kappa Sigma Fraternity has a Mission Score of 55/100. Revenue: $267K. Assets: $18K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kappa Sigma Fraternity?
The Employer Identification Number (EIN) for Kappa Sigma Fraternity is 203322620. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Kappa Sigma Fraternity spend its money?
Kappa Sigma Fraternity allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kappa Sigma Fraternity's tax-exempt status?
You can verify Kappa Sigma Fraternity's tax-exempt status using EIN 203322620 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Kappa Sigma Fraternity (EIN: 203322620) exhibits inconsistent financial activity based on its IRS 990 filings. While the latest reported revenue is $267,482 with assets of $18,115, the 202205 filing shows an anomalous revenue of $1 and expenses of $0, which raises questions about reporting accuracy or significant operational changes. The organization generally operates with modest assets and has shown fluctuating revenue and expenses over the past decade, often with expenses closely matching or slightly exceeding revenue, indicating a break-even or slight deficit operational model in many years. The absence of reported officer compensation across all filings suggests either a volunteer-led structure or that compensation is handled through other means not disclosed in this section of the 990.
Without detailed expense breakdowns (program, administrative, fundraising) from the provided data, it's challenging to fully assess spending efficiency. However, the consistent reporting of zero officer compensation is a positive indicator for donor confidence regarding executive overhead. The significant drop in reported assets from $36,702 in 202005 to $1,502 in 202105, and then to $1 in 202205 (with the corresponding $1 revenue) warrants further investigation to understand the underlying financial events. The overall financial health appears stable but not robust, with limited asset accumulation.
Transparency is moderate. The consistent filing of 990s is good, but the highly unusual $1 revenue and $1 asset figures in the 202205 filing are a significant concern for clarity and accuracy. A more detailed explanation for such drastic changes would be necessary for full transparency. The lack of NTEE code also makes it harder to benchmark against similar organizations.