Kappa Sigma Fraternity
EIN: 370903796 · Champaign, IL
| Metric | Value |
|---|---|
| Total Revenue | $518K |
| Total Expenses | $541K |
| Net Assets | $60K |
Is Kappa Sigma 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 Sigma Fraternity
Kappa Sigma Fraternity (EIN: 370903796) is a nonprofit organization based in Champaign, IL. The organization reported total revenue of $518K and total assets of $69K 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 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 5.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $545K |
| Total Expenses | $541K |
| Surplus / Deficit | +$4K |
| Total Assets | $82K |
| Total Liabilities | $22K |
| Net Assets | $60K |
| Operating Margin | 0.8% |
| Debt-to-Asset Ratio | 26.8% |
| Months of Reserves | 1.8 months |
Financial Health Grade: A
In 2024, Kappa Sigma Fraternity reported a surplus of $4K with revenue exceeding expenses, holds 1.8 months of operating reserves (limited), has a debt-to-asset ratio of 26.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2012–2024), Kappa Sigma Fraternity's revenue has grown at a compound annual growth rate (CAGR) of 5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +11.0% | +15.3% | +16.4% |
| 2023 | +12.0% | +6.6% | +16.8% |
| 2022 | +21.5% | +43.6% | -28.6% |
| 2021 | +29.6% | +9.0% | +43.9% |
| 2020 | -14.2% | -9.4% | +15.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kappa Sigma 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 Sigma 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 26.8%.
Frequently Asked Questions about Kappa Sigma Fraternity
Is Kappa Sigma Fraternity a legitimate charity?
Kappa Sigma Fraternity (EIN: 370903796) is a registered tax-exempt nonprofit based in Illinois. It has 13 years of IRS 990 filings on record. Total revenue: $518K. No red flags identified. Financial health grade: A.
How does Kappa Sigma Fraternity spend its money?
Kappa Sigma Fraternity reported $518K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kappa Sigma Fraternity tax-deductible?
Kappa Sigma Fraternity is registered as a tax-exempt nonprofit (EIN: 370903796). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kappa Sigma Fraternity located?
Kappa Sigma Fraternity is headquartered in Champaign, Illinois and files with the IRS under EIN 370903796.
How many years of IRS 990 filings does Kappa Sigma Fraternity have?
Kappa Sigma Fraternity has 13 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 $518K in total revenue.
Filing History
IRS 990 filing history for Kappa Sigma Fraternity showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Kappa Sigma Fraternity's revenue has grown by 87.5%, moving from $291K to $545K. Total assets decreased by 40.7% over the same period, from $138K to $82K. Total functional expenses rose by 103.9%, from $265K to $541K. In its most recent filing year (2024), Kappa Sigma Fraternity reported a surplus of $4K, with revenue exceeding expenses. The organization holds $22K in liabilities against $82K in assets (debt-to-asset ratio: 26.8%), resulting in net assets of $60K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $545K | $541K | $82K | $22K | — | — |
| 2023 | $491K | $469K | $70K | $15K | — | — |
| 2022 | $438K | $439K | $60K | $27K | — | View 990 |
| 2021 | $361K | $306K | $84K | $50K | — | — |
| 2020 | $278K | $281K | $59K | $79K | — | View 990 |
| 2019 | $325K | $310K | $51K | $69K | — | View 990 |
| 2018 | $253K | $258K | $26K | $59K | — | View 990 |
| 2017 | $256K | $281K | $26K | $54K | — | View 990 |
| 2016 | $209K | $229K | $44K | $47K | — | View 990 |
| 2015 | $200K | $283K | $70K | $53K | — | View 990 |
| 2014 | $219K | $246K | $133K | $34K | — | View 990 |
| 2013 | $272K | $257K | $160K | $34K | — | View 990 |
| 2012 | $291K | $265K | $138K | $27K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $545K, expenses of $541K, and assets of $82K (revenue +11.0% year-over-year).
- 2023: Revenue of $491K, expenses of $469K, and assets of $70K (revenue +12.0% year-over-year).
- 2022: Revenue of $438K, expenses of $439K, and assets of $60K (revenue +21.5% year-over-year).
- 2021: Revenue of $361K, expenses of $306K, and assets of $84K (revenue +29.6% year-over-year).
- 2020: Revenue of $278K, expenses of $281K, and assets of $59K (revenue -14.2% year-over-year).
- 2019: Revenue of $325K, expenses of $310K, and assets of $51K (revenue +28.6% year-over-year).
- 2018: Revenue of $253K, expenses of $258K, and assets of $26K (revenue -1.3% year-over-year).
- 2017: Revenue of $256K, expenses of $281K, and assets of $26K (revenue +22.5% year-over-year).
- 2016: Revenue of $209K, expenses of $229K, and assets of $44K (revenue +4.3% year-over-year).
- 2015: Revenue of $200K, expenses of $283K, and assets of $70K (revenue -8.6% year-over-year).
- 2014: Revenue of $219K, expenses of $246K, and assets of $133K (revenue -19.6% year-over-year).
- 2013: Revenue of $272K, expenses of $257K, and assets of $160K (revenue -6.3% year-over-year).
- 2012: Revenue of $291K, expenses of $265K, and assets of $138K.
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.