Is Sigma Kappa Sorority Legit?

Quick charity verification for Sigma Kappa Sorority (EIN: 205436509)

Verdict: Sigma Kappa Sorority appears trustworthy

75/100Mission Score

$194KRevenue

$39KAssets

2Red Flags

3Strengths

Red Flags

Expenses exceeded revenue in multiple recent periods (e.g., 202405, 202205), indicating potential for operating deficits.
Fluctuating and sometimes low asset base, suggesting limited financial reserves for future operations or unexpected events.

Strengths

Consistent reporting of 0% officer compensation, indicating volunteer leadership and efficient use of funds.
Zero liabilities reported in most recent filings, demonstrating strong debt management.
Consistent filing of IRS Form 990s over 13 periods, showing commitment to transparency and compliance.

Spending Breakdown

How Sigma Kappa Sorority allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Sigma Kappa Sorority

Is Sigma Kappa Sorority a legitimate charity?

Based on AI analysis of IRS 990 filings, Sigma Kappa Sorority (EIN: 205436509) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Sigma Kappa Sorority a good charity to donate to?

Sigma Kappa Sorority has a Mission Score of 75/100. Revenue: $194K. Assets: $39K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Sigma Kappa Sorority?

The Employer Identification Number (EIN) for Sigma Kappa Sorority is 205436509. 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 Sigma Kappa Sorority spend its money?

Sigma Kappa Sorority allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Sigma Kappa Sorority's tax-exempt status?

You can verify Sigma Kappa Sorority's tax-exempt status using EIN 205436509 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

Sigma Kappa Sorority demonstrates consistent financial activity, with revenues generally fluctuating around the $150,000 - $200,000 range over the past decade. The organization's assets have varied significantly, from a low of $21,802 in 2019 to a high of $176,714 in 2018, indicating some volatility in its financial position. However, a notable strength is the consistent reporting of zero liabilities in most recent filings, suggesting a healthy balance sheet and minimal debt burden. The organization also consistently reports 0% officer compensation, which enhances its transparency and indicates that leadership is likely volunteer-based, aligning with a non-profit ethos.

Spending efficiency appears to be a mixed bag. In several periods, such as 202405 and 202205, expenses exceeded revenue, leading to net losses. For instance, in 202405, expenses were $177,797 against revenues of $169,837. Conversely, other periods like 202305 and 202105 show revenues exceeding expenses, indicating periods of financial surplus. The absence of reported officer compensation is a strong positive for efficiency, as it means more funds are available for programmatic activities or operational costs. However, without a detailed breakdown of expenses (program, administrative, fundraising), a precise assessment of spending efficiency is challenging.

Transparency is high regarding executive compensation, as it consistently reports 0%. The consistent filing of IRS Form 990s over 13 periods also demonstrates a commitment to regulatory compliance and public disclosure. The organization's financial health appears stable, albeit with some year-to-year fluctuations in net income. The low asset base in recent years, such as $39,192 in the latest filing, suggests limited reserves, which could be a vulnerability in the long term if expenses consistently outpace revenue.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.