Mississippi State Kappa Sigmaeducational Foundation Inc
Mississippi State Kappa Sigma Educational Foundation Inc. reports minimal financial activity and declining assets over the past decade.
EIN: 204819481 · Madison, MS · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $254 |
| CEO/Top Officer Pay | $0 |
| Net Assets | $9K |
| Transparency Score | 20/100 |
Is Mississippi State Kappa Sigmaeducational Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mississippi State Kappa Sigmaeducational Foundation Inc
Mississippi State Kappa Sigmaeducational Foundation Inc (EIN: 204819481) is a nonprofit organization based in Madison, MS, classified under NTEE code B82. The organization reported total revenue of $0 and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mississippi State Kappa Sigmaeducational Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mississippi State Kappa Sigmaeducational Foundation Inc is a micro nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2012–2021).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -100.0% | -67.5% | -2.8% |
| 2020 | -75.0% | -80.0% | -7.9% |
| 2019 | -20.0% | +1.4% | -28.2% |
| 2018 | -99.9% | -19.3% | -21.8% |
| 2017 | +5316.8% | -19.5% | +6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Mississippi State Kappa Sigmaeducational Foundation Inc with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Mississippi State Kappa Sigmaeducational Foundation Inc allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
Executive Compensation Analysis
Executive compensation is consistently reported as $0 across all filings, indicating no salaries are paid to officers, which is appropriate for an organization with such minimal financial activity.
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 Mississippi State Kappa Sigmaeducational Foundation Inc's IRS 990 filings:
- Consistent $0 revenue reported in recent years, indicating a lack of financial support or activity.
- Significant and continuous decline in assets over the past decade, from $46,423 in 2012 to $5,168 currently.
- Expenses consistently exceeding revenue in most periods, leading to asset depletion.
- Lack of clear program spending details given the minimal financial activity.
Strengths
The following positive indicators were identified for Mississippi State Kappa Sigmaeducational Foundation Inc:
- Consistently reports $0 in officer compensation, indicating no executive salaries are paid.
- No reported liabilities across all filings, suggesting financial solvency despite low assets.
Frequently Asked Questions about Mississippi State Kappa Sigmaeducational Foundation Inc
Is Mississippi State Kappa Sigmaeducational Foundation Inc a legitimate charity?
Mississippi State Kappa Sigmaeducational Foundation Inc (EIN: 204819481) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 20/100. It has 10 years of IRS 990 filings on record. 4 red flags identified. 2 strengths noted. Financial health grade: B.
How does Mississippi State Kappa Sigmaeducational Foundation Inc spend its money?
Mississippi State Kappa Sigmaeducational Foundation Inc reported its financials in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mississippi State Kappa Sigmaeducational Foundation Inc tax-deductible?
Mississippi State Kappa Sigmaeducational Foundation Inc is registered as a tax-exempt nonprofit (EIN: 204819481). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mississippi State Kappa Sigmaeducational Foundation Inc CEO make?
Mississippi State Kappa Sigmaeducational Foundation Inc's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.
How does Mississippi State Kappa Sigmaeducational Foundation Inc compare to similar nonprofits?
With a transparency score of 20/100 (Poor), Mississippi State Kappa Sigmaeducational Foundation Inc is below average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mississippi State Kappa Sigmaeducational Foundation Inc located?
Mississippi State Kappa Sigmaeducational Foundation Inc is headquartered in Madison, Mississippi and files with the IRS under EIN 204819481. It is classified under NTEE code B82.
How many years of IRS 990 filings does Mississippi State Kappa Sigmaeducational Foundation Inc have?
Mississippi State Kappa Sigmaeducational Foundation Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Mississippi State Kappa Sigma Educational Foundation Inc. actively pursuing its educational mission?
Given the consistent reporting of $0 revenue and very low expenses, with no clear program spending indicated in the available data, it is unclear if the organization is actively pursuing its educational mission or if it is largely dormant.
Why have the organization's assets declined significantly over the past decade?
Assets have decreased from $46,423 in 2012 to $5,168 currently. This decline is likely due to expenses consistently exceeding revenue in most periods, drawing down existing funds without replenishment.
What are the primary expenses for an organization with $0 revenue?
For the latest period (202105), with $0 revenue and $254 in expenses, these expenses likely represent minimal administrative costs such as filing fees or basic operational overhead, rather than program delivery.
Filing History
IRS 990 filing history for Mississippi State Kappa Sigmaeducational Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2021), Mississippi State Kappa Sigmaeducational Foundation Inc's revenue has declined by 100%, moving from $3K to $0. Total assets decreased by 80.9% over the same period, from $46K to $9K. Total functional expenses fell by 60.1%, from $637 to $254.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $0 | $254 | $9K | $0 | — | — |
| 2020 | $1 | $782 | $9K | $0 | — | View 990 |
| 2019 | $4 | $4K | $10K | $0 | — | View 990 |
| 2018 | $5 | $4K | $14K | $0 | — | View 990 |
| 2017 | $6K | $5K | $18K | $0 | — | View 990 |
| 2016 | $107 | $6K | $17K | $0 | — | View 990 |
| 2015 | $8K | $11K | $22K | $0 | — | View 990 |
| 2014 | $9 | $10K | $25K | $0 | — | View 990 |
| 2013 | $139 | $11K | $36K | $0 | — | View 990 |
| 2012 | $3K | $637 | $46K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $0, expenses of $254, and assets of $9K (revenue -100.0% year-over-year).
- 2020: Revenue of $1, expenses of $782, and assets of $9K (revenue -75.0% year-over-year).
- 2019: Revenue of $4, expenses of $4K, and assets of $10K (revenue -20.0% year-over-year).
- 2018: Revenue of $5, expenses of $4K, and assets of $14K (revenue -99.9% year-over-year).
- 2017: Revenue of $6K, expenses of $5K, and assets of $18K (revenue +5316.8% year-over-year).
- 2016: Revenue of $107, expenses of $6K, and assets of $17K (revenue -98.7% year-over-year).
- 2015: Revenue of $8K, expenses of $11K, and assets of $22K (revenue +88188.9% year-over-year).
- 2014: Revenue of $9, expenses of $10K, and assets of $25K (revenue -93.5% year-over-year).
- 2013: Revenue of $139, expenses of $11K, and assets of $36K (revenue -95.4% year-over-year).
- 2012: Revenue of $3K, expenses of $637, and assets of $46K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mississippi State Kappa Sigmaeducational Foundation Inc:
Data Sources and Methodology
This transparency report for Mississippi State Kappa Sigmaeducational Foundation Inc 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.