Kappa Scholarship Endowment Fund
EIN: 521366872 · Washington, DC
| Metric | Value |
|---|---|
| Total Revenue | $876K |
| Total Expenses | $273K |
| Net Assets | $4.7M |
Is Kappa Scholarship Endowment Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kappa Scholarship Endowment Fund
Kappa Scholarship Endowment Fund (EIN: 521366872) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $876K and total assets of $5.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kappa Scholarship Endowment Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kappa Scholarship Endowment Fund is a small nonprofit that has been operating for 40 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $273K |
| Total Expenses | $273K |
| Surplus / Deficit | +$115 |
| Total Assets | $5.2M |
| Total Liabilities | $520K |
| Net Assets | $4.7M |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 10.1% |
| Months of Reserves | 227.5 months |
Financial Health Grade: A
In 2023, Kappa Scholarship Endowment Fund reported a surplus of $115 with revenue exceeding expenses, holds 227.5 months of operating reserves (strong position), has a debt-to-asset ratio of 10.1% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Kappa Scholarship Endowment Fund's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +57.9% | -15.9% | +15.1% |
| 2022 | -81.4% | +21.2% | -18.2% |
| 2021 | +100.2% | +24.6% | +24.1% |
| 2020 | +42.0% | +15.4% | +15.4% |
| 2019 | -30.2% | -8.3% | +21.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kappa Scholarship Endowment Fund 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 Scholarship Endowment Fund 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 $115, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.1%.
Frequently Asked Questions about Kappa Scholarship Endowment Fund
Is Kappa Scholarship Endowment Fund a legitimate charity?
Kappa Scholarship Endowment Fund (EIN: 521366872) is a registered tax-exempt nonprofit based in Washington DC. It has 14 years of IRS 990 filings on record. Total revenue: $876K. No red flags identified. Financial health grade: A.
How does Kappa Scholarship Endowment Fund spend its money?
Kappa Scholarship Endowment Fund reported $876K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kappa Scholarship Endowment Fund tax-deductible?
Kappa Scholarship Endowment Fund is registered as a tax-exempt nonprofit (EIN: 521366872). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kappa Scholarship Endowment Fund located?
Kappa Scholarship Endowment Fund is headquartered in Washington, Washington DC and files with the IRS under EIN 521366872.
How many years of IRS 990 filings does Kappa Scholarship Endowment Fund have?
Kappa Scholarship Endowment Fund has 14 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 $876K in total revenue.
Filing History
IRS 990 filing history for Kappa Scholarship Endowment Fund showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Kappa Scholarship Endowment Fund's revenue has grown by 107.2%, moving from $132K to $273K. Total assets increased by 153.2% over the same period, from $2.0M to $5.2M. Total functional expenses rose by 157.1%, from $106K to $273K. In its most recent filing year (2023), Kappa Scholarship Endowment Fund reported a surplus of $115, with revenue exceeding expenses. The organization holds $520K in liabilities against $5.2M in assets (debt-to-asset ratio: 10.1%), resulting in net assets of $4.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $273K | $273K | $5.2M | $520K | — | — |
| 2022 | $173K | $324K | $4.5M | $446K | — | — |
| 2021 | $929K | $268K | $5.5M | $298K | — | View 990 |
| 2020 | $464K | $215K | $4.4M | $316K | — | — |
| 2019 | $327K | $186K | $3.8M | $309K | — | View 990 |
| 2018 | $468K | $203K | $3.2M | $281K | — | View 990 |
| 2017 | $319K | $166K | $3.4M | $356K | — | View 990 |
| 2016 | $270K | $143K | $2.9M | $371K | — | View 990 |
| 2015 | $289K | $229K | $2.7M | $397K | — | View 990 |
| 2014 | $340K | $184K | $2.7M | $352K | — | View 990 |
| 2013 | $220K | $138K | $2.5M | $302K | — | View 990 |
| 2012 | $140K | $140K | $2.1M | $268K | — | View 990 |
| 2011 | $145K | $189K | $1.9M | $276K | — | View 990 |
| 2010 | $132K | $106K | $2.0M | $287K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $273K, expenses of $273K, and assets of $5.2M (revenue +57.9% year-over-year).
- 2022: Revenue of $173K, expenses of $324K, and assets of $4.5M (revenue -81.4% year-over-year).
- 2021: Revenue of $929K, expenses of $268K, and assets of $5.5M (revenue +100.2% year-over-year).
- 2020: Revenue of $464K, expenses of $215K, and assets of $4.4M (revenue +42.0% year-over-year).
- 2019: Revenue of $327K, expenses of $186K, and assets of $3.8M (revenue -30.2% year-over-year).
- 2018: Revenue of $468K, expenses of $203K, and assets of $3.2M (revenue +46.8% year-over-year).
- 2017: Revenue of $319K, expenses of $166K, and assets of $3.4M (revenue +18.4% year-over-year).
- 2016: Revenue of $270K, expenses of $143K, and assets of $2.9M (revenue -6.6% year-over-year).
- 2015: Revenue of $289K, expenses of $229K, and assets of $2.7M (revenue -15.0% year-over-year).
- 2014: Revenue of $340K, expenses of $184K, and assets of $2.7M (revenue +54.5% year-over-year).
- 2013: Revenue of $220K, expenses of $138K, and assets of $2.5M (revenue +57.4% year-over-year).
- 2012: Revenue of $140K, expenses of $140K, and assets of $2.1M (revenue -3.6% year-over-year).
- 2011: Revenue of $145K, expenses of $189K, and assets of $1.9M (revenue +10.1% year-over-year).
- 2010: Revenue of $132K, expenses of $106K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kappa Scholarship Endowment Fund:
Data Sources and Methodology
This transparency report for Kappa Scholarship Endowment Fund 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.