Gamma Kappa Alumni Foundation
EIN: 270669270 · Salt Lake Cty, UT · NTEE: A80
| Metric | Value |
|---|---|
| Total Revenue | $44K |
| Total Expenses | $71K |
| Net Assets | $1.3M |
Is Gamma Kappa Alumni Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gamma Kappa Alumni Foundation
Gamma Kappa Alumni Foundation (EIN: 270669270) is a nonprofit organization based in Salt Lake Cty, UT, classified under NTEE code A80. The organization reported total revenue of $44K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gamma Kappa Alumni Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gamma Kappa Alumni Foundation is a micro nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -15.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $24K |
| Total Expenses | $71K |
| Surplus / Deficit | $-46,442 |
| Total Assets | $1.3M |
| Net Assets | $1.3M |
| Operating Margin | -191.9% |
| Months of Reserves | 212.4 months |
Financial Health Grade: B
In 2023, Gamma Kappa Alumni Foundation reported a deficit of $46K with expenses exceeding revenue, holds 212.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Gamma Kappa Alumni Foundation's revenue has declined at a compound annual growth rate (CAGR) of -15.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -43.7% | -8.6% | -3.6% |
| 2022 | +150.1% | -7.6% | -2.6% |
| 2021 | -56.4% | +24.8% | -4.8% |
| 2020 | -51.4% | -4.9% | -1.9% |
| 2019 | +55.2% | -24.0% | +0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gamma Kappa Alumni Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gamma Kappa Alumni Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $46K, with expenses exceeding revenue.
Frequently Asked Questions about Gamma Kappa Alumni Foundation
Is Gamma Kappa Alumni Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Gamma Kappa Alumni Foundation (EIN: 270669270) insufficient data. 0 red flags identified, 0 strengths noted.
How does Gamma Kappa Alumni Foundation spend its money?
Detailed spending breakdown data is not yet available for Gamma Kappa Alumni Foundation. Check back for updated IRS 990 analysis.
Are donations to Gamma Kappa Alumni Foundation tax-deductible?
Gamma Kappa Alumni Foundation is registered as a tax-exempt nonprofit (EIN: 270669270). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gamma Kappa Alumni Foundation located?
Gamma Kappa Alumni Foundation is headquartered in Salt Lake Cty, Utah and files with the IRS under EIN 270669270. It is classified under NTEE code A80.
How many years of IRS 990 filings does Gamma Kappa Alumni Foundation have?
Gamma Kappa Alumni Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $44K in total revenue.
Filing History
IRS 990 filing history for Gamma Kappa Alumni Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Gamma Kappa Alumni Foundation's revenue has declined by 86.7%, moving from $182K to $24K. Total assets decreased by 32.1% over the same period, from $1.8M to $1.3M. Total functional expenses fell by 53.4%, from $152K to $71K. In its most recent filing year (2023), Gamma Kappa Alumni Foundation reported a deficit of $46K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $24K | $71K | $1.3M | $0 | — | — |
| 2022 | $43K | $77K | $1.3M | $0 | — | — |
| 2021 | $17K | $84K | $1.3M | $0 | — | View 990 |
| 2020 | $39K | $67K | $1.4M | $0 | — | View 990 |
| 2019 | $81K | $70K | $1.4M | $0 | — | View 990 |
| 2018 | $52K | $93K | $1.4M | $0 | — | View 990 |
| 2017 | $70K | $72K | $1.5M | $0 | — | View 990 |
| 2016 | $84K | $81K | $1.5M | $25K | — | View 990 |
| 2015 | $68K | $83K | $1.6M | $99K | — | View 990 |
| 2014 | $76K | $79K | $1.6M | $158K | — | View 990 |
| 2013 | $62K | $113K | $1.7M | $213K | — | View 990 |
| 2012 | $259K | $144K | $1.8M | $241K | — | View 990 |
| 2011 | $182K | $152K | $1.8M | $434K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $24K, expenses of $71K, and assets of $1.3M (revenue -43.7% year-over-year).
- 2022: Revenue of $43K, expenses of $77K, and assets of $1.3M (revenue +150.1% year-over-year).
- 2021: Revenue of $17K, expenses of $84K, and assets of $1.3M (revenue -56.4% year-over-year).
- 2020: Revenue of $39K, expenses of $67K, and assets of $1.4M (revenue -51.4% year-over-year).
- 2019: Revenue of $81K, expenses of $70K, and assets of $1.4M (revenue +55.2% year-over-year).
- 2018: Revenue of $52K, expenses of $93K, and assets of $1.4M (revenue -24.7% year-over-year).
- 2017: Revenue of $70K, expenses of $72K, and assets of $1.5M (revenue -17.5% year-over-year).
- 2016: Revenue of $84K, expenses of $81K, and assets of $1.5M (revenue +24.0% year-over-year).
- 2015: Revenue of $68K, expenses of $83K, and assets of $1.6M (revenue -11.0% year-over-year).
- 2014: Revenue of $76K, expenses of $79K, and assets of $1.6M (revenue +23.7% year-over-year).
- 2013: Revenue of $62K, expenses of $113K, and assets of $1.7M (revenue -76.2% year-over-year).
- 2012: Revenue of $259K, expenses of $144K, and assets of $1.8M (revenue +42.6% year-over-year).
- 2011: Revenue of $182K, expenses of $152K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gamma Kappa Alumni Foundation:
Data Sources and Methodology
This transparency report for Gamma Kappa Alumni Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.