Kappa Alpha Theta Fraternity
EIN: 356044304 · Indianapolis, IN
| Metric | Value |
|---|---|
| Total Revenue | $342K |
| Total Expenses | $317K |
| Net Assets | $2.5M |
Is Kappa Alpha Theta Fraternity 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 Theta Fraternity
Kappa Alpha Theta Fraternity (EIN: 356044304) is a nonprofit organization based in Indianapolis, IN. The organization reported total revenue of $342K and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kappa Alpha Theta Fraternity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kappa Alpha Theta Fraternity is a small nonprofit that has been operating for 86 years, with 7 years of IRS 990 filings on record (2012–2018). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $382K |
| Total Expenses | $317K |
| Surplus / Deficit | +$65K |
| Total Assets | $2.5M |
| Total Liabilities | $11K |
| Net Assets | $2.5M |
| Operating Margin | 17.1% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 94.7 months |
Financial Health Grade: A
In 2018, Kappa Alpha Theta Fraternity reported a surplus of $65K with revenue exceeding expenses, holds 94.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 7 years of filings (2012–2018), Kappa Alpha Theta Fraternity's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -3.8% | +53.0% | +3.0% |
| 2017 | -5.7% | -3.7% | +4.1% |
| 2016 | -59.2% | -26.6% | -20.0% |
| 2015 | +52.4% | -17.9% | +31.2% |
| 2014 | +94.0% | +21.5% | +15.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1940 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kappa Alpha Theta Fraternity 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 Theta Fraternity 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $65K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Kappa Alpha Theta Fraternity
Is Kappa Alpha Theta Fraternity a legitimate charity?
Kappa Alpha Theta Fraternity (EIN: 356044304) is a registered tax-exempt nonprofit based in Indiana. It has 7 years of IRS 990 filings on record. Total revenue: $342K. No red flags identified. Financial health grade: A.
How does Kappa Alpha Theta Fraternity spend its money?
Kappa Alpha Theta Fraternity reported $342K in total revenue in IRS 990 filings. 7 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 Theta Fraternity tax-deductible?
Kappa Alpha Theta Fraternity is registered as a tax-exempt nonprofit (EIN: 356044304). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kappa Alpha Theta Fraternity located?
Kappa Alpha Theta Fraternity is headquartered in Indianapolis, Indiana and files with the IRS under EIN 356044304.
How many years of IRS 990 filings does Kappa Alpha Theta Fraternity have?
Kappa Alpha Theta Fraternity has 7 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 $342K in total revenue.
Filing History
IRS 990 filing history for Kappa Alpha Theta Fraternity showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2012–2018), Kappa Alpha Theta Fraternity's revenue has grown by 28.7%, moving from $297K to $382K. Total assets increased by 32.4% over the same period, from $1.9M to $2.5M. Total functional expenses rose by 14.1%, from $277K to $317K. In its most recent filing year (2018), Kappa Alpha Theta Fraternity reported a surplus of $65K, with revenue exceeding expenses. The organization holds $11K in liabilities against $2.5M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $382K | $317K | $2.5M | $11K | — | View 990 |
| 2017 | $397K | $207K | $2.4M | $4K | — | View 990 |
| 2016 | $421K | $215K | $2.3M | $99K | — | View 990 |
| 2015 | $1.0M | $293K | $2.9M | $886K | — | View 990 |
| 2014 | $677K | $357K | $2.2M | $973K | — | View 990 |
| 2013 | $349K | $294K | $1.9M | $1.0M | — | View 990 |
| 2012 | $297K | $277K | $1.9M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $382K, expenses of $317K, and assets of $2.5M (revenue -3.8% year-over-year).
- 2017: Revenue of $397K, expenses of $207K, and assets of $2.4M (revenue -5.7% year-over-year).
- 2016: Revenue of $421K, expenses of $215K, and assets of $2.3M (revenue -59.2% year-over-year).
- 2015: Revenue of $1.0M, expenses of $293K, and assets of $2.9M (revenue +52.4% year-over-year).
- 2014: Revenue of $677K, expenses of $357K, and assets of $2.2M (revenue +94.0% year-over-year).
- 2013: Revenue of $349K, expenses of $294K, and assets of $1.9M (revenue +17.6% year-over-year).
- 2012: Revenue of $297K, expenses of $277K, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kappa Alpha Theta Fraternity:
Data Sources and Methodology
This transparency report for Kappa Alpha Theta Fraternity 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.