Kappa Sigma Fraternity
Kappa Sigma Fraternity reports minimal financial activity, with recent filings showing zero revenue and assets.
EIN: 203494383 · Salt Lake Cty, UT · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $83K |
| Program Spending | 80% |
| Net Assets | $1K |
| Transparency Score | 60/100 |
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 →
Kappa Sigma Fraternity directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kappa Sigma Fraternity
Kappa Sigma Fraternity (EIN: 203494383) is a nonprofit organization based in Salt Lake Cty, UT. The organization reported total revenue of $0 and total assets of $0 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 micro nonprofit that has been operating for 86 years, with 6 years of IRS 990 filings on record (2012–2018). Revenue has grown at a compound annual rate of 8.8%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $84K |
| Total Expenses | $83K |
| Surplus / Deficit | +$675 |
| Total Assets | $1K |
| Net Assets | $1K |
| Operating Margin | 0.8% |
| Months of Reserves | 0.2 months |
Financial Health Grade: A
In 2018, Kappa Sigma Fraternity reported a surplus of $675 with revenue exceeding expenses, holds 0.2 months of operating reserves (limited).
Financial Trends
Over 6 years of filings (2012–2018), Kappa Sigma Fraternity's revenue has grown at a compound annual growth rate (CAGR) of 8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +26.9% | +25.5% | +88.2% |
| 2017 | -5.7% | -5.6% | -20.5% |
| 2016 | +9.7% | +9.8% | -14.9% |
| 2015 | +29.2% | +32.0% | -34.4% |
| 2013 | -2.3% | -10.9% | +129.3% |
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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Kappa Sigma Fraternity with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Kappa Sigma Fraternity allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $675, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all provided filings, indicating that no salaries or other compensation were paid to officers, which is a positive for donor perception regarding executive pay.
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:
- Latest filing shows $0 revenue and assets, indicating potential inactivity or cessation of operations.
- NTEE Code is unknown, which can make it harder to categorize and compare the organization's mission and activities.
Strengths
The following positive indicators were identified for Kappa Sigma Fraternity:
- Consistently reports 0% officer compensation, indicating no executive pay.
- Maintains zero liabilities across all reported periods, suggesting good financial management on a small scale.
- Historically, expenses closely match revenue, indicating efficient use of available funds without significant accumulation of debt.
Frequently Asked Questions about Kappa Sigma Fraternity
Is Kappa Sigma Fraternity a legitimate charity?
Kappa Sigma Fraternity (EIN: 203494383) is a registered tax-exempt nonprofit based in Utah. Our AI analysis gives it a Mission Score of 60/100. It has 6 years of IRS 990 filings on record. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Kappa Sigma Fraternity spend its money?
Kappa Sigma Fraternity directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Kappa Sigma Fraternity tax-deductible?
Kappa Sigma Fraternity is registered as a tax-exempt nonprofit (EIN: 203494383). 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 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Kappa Sigma Fraternity located?
Kappa Sigma Fraternity is headquartered in Salt Lake Cty, Utah and files with the IRS under EIN 203494383.
How many years of IRS 990 filings does Kappa Sigma Fraternity have?
Kappa Sigma Fraternity has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Kappa Sigma Fraternity (EIN: 203494383) currently active?
The latest reported revenue and assets are both $0, which suggests the organization may no longer be active or has significantly reduced its operations. Further investigation into their most recent 990 filing would be needed to confirm.
How does Kappa Sigma Fraternity manage its finances given its small size?
The organization consistently operates on a very small budget, with revenues and expenses typically under $85,000 annually. It generally spends nearly all its income, as seen in 2018 where revenue was $83,517 and expenses were $82,842, indicating a lean operational model.
What is the trend in Kappa Sigma Fraternity's financial activity?
From 2012 to 2018, revenue generally increased from $50,361 to $83,517. However, the most recent data point of $0 revenue and assets represents a significant departure from this trend, suggesting a potential halt in financial activity.
Filing History
IRS 990 filing history for Kappa Sigma Fraternity showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2012–2018), Kappa Sigma Fraternity's revenue has grown by 65.8%, moving from $50K to $84K. Total assets increased by 91.5% over the same period, from $752 to $1K. Total functional expenses rose by 53%, from $54K to $83K. In its most recent filing year (2018), Kappa Sigma Fraternity reported a surplus of $675, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $84K | $83K | $1K | $0 | — | View 990 |
| 2017 | $66K | $66K | $765 | $0 | — | View 990 |
| 2016 | $70K | $70K | $962 | $0 | — | View 990 |
| 2015 | $64K | $64K | $1K | $0 | — | View 990 |
| 2013 | $49K | $48K | $2K | $0 | — | — |
| 2012 | $50K | $54K | $752 | $0 | — | — |
Year-by-Year Financial Summary
- 2018: Revenue of $84K, expenses of $83K, and assets of $1K (revenue +26.9% year-over-year).
- 2017: Revenue of $66K, expenses of $66K, and assets of $765 (revenue -5.7% year-over-year).
- 2016: Revenue of $70K, expenses of $70K, and assets of $962 (revenue +9.7% year-over-year).
- 2015: Revenue of $64K, expenses of $64K, and assets of $1K (revenue +29.2% year-over-year).
- 2013: Revenue of $49K, expenses of $48K, and assets of $2K (revenue -2.3% year-over-year).
- 2012: Revenue of $50K, expenses of $54K, and assets of $752.
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.