Kappa Sigma Fraternity
Kappa Sigma Fraternity shows inconsistent financial reporting with an anomalous $1 revenue in its latest filing.
EIN: 203322620 · Davidson, NC · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $267K |
| Program Spending | 70% |
| Net Assets | $1 |
| Transparency Score | 55/100 |
Search Intent Cockpit
Kappa Sigma Fraternity Form 990, Revenue, CEO Pay, and IRS Filing Signals
Kappa Sigma Fraternity is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Kappa Sigma Fraternity in one place.
Form 990 Filing Summary
11 filing years are available, with latest revenue of $1 and expenses of $0.
Revenue and Expenses
Revenue, expense, and surplus data is shown where available from IRS 990 records.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
55/100 mission score, 4 red flags, and 3 strengths are shown from structured and AI review.
Is Kappa Sigma Fraternity Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | (70%) |
Across stored filings, Kappa Sigma Fraternity shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 4 red flags identified |
| Mission spend | 70% to programs | Good |
| Financial durability | Grade A | 11 stored filing years |
| Peer context | Compare with Cccp Community Trust | North Carolina and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Cccp Community Trust →All North Carolina nonprofits
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Davidson, NC nonprofitsFollow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
Childrens Hope Alliance
Statesville, NC · $23.5M revenue · Score 95/100
Compare side-by-sideDare County Education Foundation Inc
Kitty Hawk, NC · $601K revenue · Score 92/100
Compare side-by-sidePaws For Life Nc
Youngsville, NC · $424K revenue · Score 92/100
Compare side-by-sideRobert Haywood Morrison Foundation
Charlotte, NC · $3.5M revenue · Score 85/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
Kappa Sigma Fraternity directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Kappa Sigma Fraternity
Kappa Sigma Fraternity (EIN: 203322620) is a nonprofit organization based in Davidson, NC. The organization reported total revenue of $267K and total assets of $18K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kappa Sigma Fraternity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kappa Sigma Fraternity is a small nonprofit, with 11 years of IRS 990 filings on record (2012–2022). Revenue has grown at a compound annual rate of -69.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $0 |
| Surplus / Deficit | +$1 |
| Total Assets | $1 |
| Net Assets | $1 |
| Operating Margin | 100.0% |
Financial Health Grade: A
In 2022, Kappa Sigma Fraternity reported a surplus of $1 with revenue exceeding expenses.
Financial Trends
Over 11 years of filings (2012–2022), Kappa Sigma Fraternity's revenue has declined at a compound annual growth rate (CAGR) of -69.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -100.0% | -100.0% | -99.9% |
| 2021 | -61.3% | -12.7% | -95.9% |
| 2020 | -12.6% | -38.3% | +3759.3% |
| 2019 | +17.8% | +22.7% | -88.8% |
| 2018 | -30.2% | -31.6% | -6.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Kappa Sigma Fraternity with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Kappa Sigma Fraternity allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting a volunteer-led organization or that compensation is not reported in this section, which is a positive for minimizing overhead relative to its modest size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Kappa Sigma Fraternity's IRS 990 filings:
- Anomalous $1 revenue and $1 asset reported in the 202205 filing, raising questions about reporting accuracy.
- Significant drop in assets from $36,702 in 202005 to $1,502 in 202105, then to $1 in 202205 without clear explanation.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering efficiency assessment.
- Inconsistent financial performance with fluctuating revenue and expenses over the past decade.
Strengths
The following positive indicators were identified for Kappa Sigma Fraternity:
- Consistent filing of IRS 990 forms, indicating compliance with reporting requirements.
- Zero reported officer compensation across all filings, suggesting low executive overhead.
- Generally operates with low liabilities, indicating responsible debt management.
Frequently Asked Questions about Kappa Sigma Fraternity
Is Kappa Sigma Fraternity a legitimate charity?
Kappa Sigma Fraternity (EIN: 203322620) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 55/100. It has 11 years of IRS 990 filings on record. Total revenue: $267K. 4 red flags identified. 3 strengths noted. Financial health grade: A.
How does Kappa Sigma Fraternity spend its money?
Kappa Sigma Fraternity directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Kappa Sigma Fraternity tax-deductible?
Kappa Sigma Fraternity is registered as a tax-exempt nonprofit (EIN: 203322620). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Kappa Sigma Fraternity's spending goes to programs?
Kappa Sigma Fraternity directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Kappa Sigma Fraternity located?
Kappa Sigma Fraternity is headquartered in Davidson, North Carolina and files with the IRS under EIN 203322620.
How many years of IRS 990 filings does Kappa Sigma Fraternity have?
Kappa Sigma Fraternity has 11 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 $267K in total revenue.
What caused the reported revenue of $1 and assets of $1 in the 202205 filing?
The provided data does not offer an explanation for the highly unusual $1 revenue and $1 asset figures in the 202205 filing, which significantly deviates from prior years' financial activity.
How does Kappa Sigma Fraternity manage its expenses given the fluctuating revenue and often break-even operations?
The organization frequently reports expenses closely matching or slightly exceeding revenue, indicating a tight operational budget and a focus on covering costs rather than accumulating significant reserves.
What are the primary sources of the organization's revenue?
The provided data only lists total revenue; specific sources are not detailed in the summary.
Why is there no NTEE code available for this organization?
The NTEE code was not provided in the input data, which can make it challenging to categorize and compare the organization's mission and activities with similar nonprofits.
Filing History
IRS 990 filing history for Kappa Sigma Fraternity showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2022), Kappa Sigma Fraternity's revenue has declined by 100%, moving from $129K to $1. Total assets decreased by 100% over the same period, from $4K to $1. Total functional expenses fell by 100%, from $122K to $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1 | $0 | $1 | $0 | — | View 990 |
| 2021 | $53K | $88K | $2K | $0 | — | View 990 |
| 2020 | $136K | $101K | $37K | $0 | — | View 990 |
| 2019 | $156K | $163K | $951 | $0 | — | View 990 |
| 2018 | $132K | $133K | $8K | $344 | — | — |
| 2017 | $190K | $195K | $9K | $344 | — | View 990 |
| 2016 | $128K | $120K | $14K | $74 | — | View 990 |
| 2015 | $140K | $133K | $7K | $439 | — | View 990 |
| 2014 | $129K | $133K | $436 | $919 | — | View 990 |
| 2013 | $130K | $131K | $4K | $1K | — | View 990 |
| 2012 | $129K | $122K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1, expenses of $0, and assets of $1 (revenue -100.0% year-over-year).
- 2021: Revenue of $53K, expenses of $88K, and assets of $2K (revenue -61.3% year-over-year).
- 2020: Revenue of $136K, expenses of $101K, and assets of $37K (revenue -12.6% year-over-year).
- 2019: Revenue of $156K, expenses of $163K, and assets of $951 (revenue +17.8% year-over-year).
- 2018: Revenue of $132K, expenses of $133K, and assets of $8K (revenue -30.2% year-over-year).
- 2017: Revenue of $190K, expenses of $195K, and assets of $9K (revenue +48.7% year-over-year).
- 2016: Revenue of $128K, expenses of $120K, and assets of $14K (revenue -8.7% year-over-year).
- 2015: Revenue of $140K, expenses of $133K, and assets of $7K (revenue +8.0% year-over-year).
- 2014: Revenue of $129K, expenses of $133K, and assets of $436 (revenue -0.4% year-over-year).
- 2013: Revenue of $130K, expenses of $131K, and assets of $4K (revenue +0.6% year-over-year).
- 2012: Revenue of $129K, expenses of $122K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kappa Sigma Fraternity:
Data Sources and Methodology
This transparency report for Kappa Sigma 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.