Kappa Alpha Psi Foundation Of Metropolitan Baltimore Inc
EIN: 521944540 · Baltimore, MD · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $557K |
| Total Expenses | $128K |
| Net Assets | $432K |
Is Kappa Alpha Psi Foundation Of Metropolitan Baltimore Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kappa Alpha Psi Foundation Of Metropolitan Baltimore Inc
Kappa Alpha Psi Foundation Of Metropolitan Baltimore Inc (EIN: 521944540) is a nonprofit organization based in Baltimore, MD, classified under NTEE code B82. The organization reported total revenue of $557K and total assets of $790K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kappa Alpha Psi Foundation Of Metropolitan Baltimore Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kappa Alpha Psi Foundation Of Metropolitan Baltimore Inc is a small nonprofit that has been operating for 31 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $272K |
| Total Expenses | $128K |
| Surplus / Deficit | +$143K |
| Total Assets | $682K |
| Total Liabilities | $250K |
| Net Assets | $432K |
| Operating Margin | 52.7% |
| Debt-to-Asset Ratio | 36.6% |
| Months of Reserves | 63.8 months |
Financial Health Grade: A
In 2023, Kappa Alpha Psi Foundation Of Metropolitan Baltimore Inc reported a surplus of $143K with revenue exceeding expenses, holds 63.8 months of operating reserves (strong position), has a debt-to-asset ratio of 36.6% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Kappa Alpha Psi Foundation Of Metropolitan Baltimore Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +48.6% | -4.0% | +0.0% |
| 2022 | +5.6% | +0.9% | -0.6% |
| 2021 | -23.5% | +5.8% | -5.0% |
| 2020 | -0.5% | -37.5% | +52.2% |
| 2019 | -42.1% | -53.6% | -10.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kappa Alpha Psi Foundation Of Metropolitan Baltimore Inc 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 Kappa Alpha Psi Foundation Of Metropolitan Baltimore Inc 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 surplus of $143K, with revenue exceeding expenses.
- Debt-to-asset ratio: 36.6%.
Frequently Asked Questions about Kappa Alpha Psi Foundation Of Metropolitan Baltimore Inc
Is Kappa Alpha Psi Foundation Of Metropolitan Baltimore Inc a legitimate charity?
Kappa Alpha Psi Foundation Of Metropolitan Baltimore Inc (EIN: 521944540) is a registered tax-exempt nonprofit based in Maryland. It has 12 years of IRS 990 filings on record. Total revenue: $557K. No red flags identified. Financial health grade: A.
How does Kappa Alpha Psi Foundation Of Metropolitan Baltimore Inc spend its money?
Kappa Alpha Psi Foundation Of Metropolitan Baltimore Inc reported $557K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kappa Alpha Psi Foundation Of Metropolitan Baltimore Inc tax-deductible?
Kappa Alpha Psi Foundation Of Metropolitan Baltimore Inc is registered as a tax-exempt nonprofit (EIN: 521944540). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kappa Alpha Psi Foundation Of Metropolitan Baltimore Inc located?
Kappa Alpha Psi Foundation Of Metropolitan Baltimore Inc is headquartered in Baltimore, Maryland and files with the IRS under EIN 521944540. It is classified under NTEE code B82.
How many years of IRS 990 filings does Kappa Alpha Psi Foundation Of Metropolitan Baltimore Inc have?
Kappa Alpha Psi Foundation Of Metropolitan Baltimore Inc has 12 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 $557K in total revenue.
Filing History
IRS 990 filing history for Kappa Alpha Psi Foundation Of Metropolitan Baltimore Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Kappa Alpha Psi Foundation Of Metropolitan Baltimore Inc's revenue has grown by 480.6%, moving from $47K to $272K. Total assets increased by 802.4% over the same period, from $76K to $682K. Total functional expenses rose by 236.2%, from $38K to $128K. In its most recent filing year (2023), Kappa Alpha Psi Foundation Of Metropolitan Baltimore Inc reported a surplus of $143K, with revenue exceeding expenses. The organization holds $250K in liabilities against $682K in assets (debt-to-asset ratio: 36.6%), resulting in net assets of $432K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $272K | $128K | $682K | $250K | — | View 990 |
| 2022 | $183K | $134K | $682K | $393K | — | View 990 |
| 2021 | $173K | $133K | $686K | $446K | — | — |
| 2020 | $226K | $125K | $722K | $464K | — | — |
| 2019 | $227K | $201K | $475K | $347K | — | View 990 |
| 2017 | $393K | $433K | $528K | $407K | — | View 990 |
| 2016 | $176K | $173K | $542K | $407K | — | View 990 |
| 2015 | $142K | $157K | $539K | $407K | — | View 990 |
| 2014 | $222K | $203K | $554K | $407K | — | View 990 |
| 2013 | $256K | $230K | $493K | $350K | — | View 990 |
| 2012 | $154K | $150K | $79K | $0 | — | View 990 |
| 2011 | $47K | $38K | $76K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $272K, expenses of $128K, and assets of $682K (revenue +48.6% year-over-year).
- 2022: Revenue of $183K, expenses of $134K, and assets of $682K (revenue +5.6% year-over-year).
- 2021: Revenue of $173K, expenses of $133K, and assets of $686K (revenue -23.5% year-over-year).
- 2020: Revenue of $226K, expenses of $125K, and assets of $722K (revenue -0.5% year-over-year).
- 2019: Revenue of $227K, expenses of $201K, and assets of $475K (revenue -42.1% year-over-year).
- 2017: Revenue of $393K, expenses of $433K, and assets of $528K (revenue +123.2% year-over-year).
- 2016: Revenue of $176K, expenses of $173K, and assets of $542K (revenue +24.1% year-over-year).
- 2015: Revenue of $142K, expenses of $157K, and assets of $539K (revenue -36.0% year-over-year).
- 2014: Revenue of $222K, expenses of $203K, and assets of $554K (revenue -13.5% year-over-year).
- 2013: Revenue of $256K, expenses of $230K, and assets of $493K (revenue +66.1% year-over-year).
- 2012: Revenue of $154K, expenses of $150K, and assets of $79K (revenue +230.1% year-over-year).
- 2011: Revenue of $47K, expenses of $38K, and assets of $76K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kappa Alpha Psi Foundation Of Metropolitan Baltimore Inc:
Data Sources and Methodology
This transparency report for Kappa Alpha Psi Foundation Of Metropolitan Baltimore Inc 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.