Sigma Kappa National Housing Corporation
EIN: 481095079 · Carmel, IN · NTEE: Y42
| Metric | Value |
|---|---|
| Total Revenue | $480K |
| Total Expenses | $400K |
| Net Assets | $1.3M |
Is Sigma Kappa National Housing Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sigma Kappa National Housing Corporation
Sigma Kappa National Housing Corporation (EIN: 481095079) is a nonprofit organization based in Carmel, IN, classified under NTEE code Y42. The organization reported total revenue of $480K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sigma Kappa National Housing Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sigma Kappa National Housing Corporation is a small nonprofit that has been operating for 32 years, with 7 years of IRS 990 filings on record (2015–2021). Revenue has grown at a compound annual rate of -0.6%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $480K |
| Total Expenses | $400K |
| Surplus / Deficit | +$80K |
| Total Assets | $1.3M |
| Total Liabilities | $244 |
| Net Assets | $1.3M |
| Operating Margin | 16.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 38.8 months |
Financial Health Grade: A
In 2021, Sigma Kappa National Housing Corporation reported a surplus of $80K with revenue exceeding expenses, holds 38.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2015–2021), Sigma Kappa National Housing Corporation's revenue has declined at a compound annual growth rate (CAGR) of -0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +3.1% | +2.7% | +6.6% |
| 2020 | -6.5% | -20.3% | +1.9% |
| 2019 | -9.5% | -7.5% | -0.5% |
| 2018 | +1.7% | +6.3% | -1.0% |
| 2017 | -1.5% | +13.5% | +7.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sigma Kappa National Housing Corporation 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 Sigma Kappa National Housing Corporation 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $80K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Sigma Kappa National Housing Corporation
Is Sigma Kappa National Housing Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Sigma Kappa National Housing Corporation (EIN: 481095079) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sigma Kappa National Housing Corporation spend its money?
Detailed spending breakdown data is not yet available for Sigma Kappa National Housing Corporation. Check back for updated IRS 990 analysis.
Are donations to Sigma Kappa National Housing Corporation tax-deductible?
Sigma Kappa National Housing Corporation is registered as a tax-exempt nonprofit (EIN: 481095079). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sigma Kappa National Housing Corporation located?
Sigma Kappa National Housing Corporation is headquartered in Carmel, Indiana and files with the IRS under EIN 481095079. It is classified under NTEE code Y42.
How many years of IRS 990 filings does Sigma Kappa National Housing Corporation have?
Sigma Kappa National Housing Corporation has 7 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 $480K in total revenue.
Filing History
IRS 990 filing history for Sigma Kappa National Housing Corporation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2015–2021), Sigma Kappa National Housing Corporation's revenue has declined by 3.3%, moving from $496K to $480K. Total assets increased by 32.2% over the same period, from $977K to $1.3M. Total functional expenses rose by 2.9%, from $388K to $400K. In its most recent filing year (2021), Sigma Kappa National Housing Corporation reported a surplus of $80K, with revenue exceeding expenses. The organization holds $244 in liabilities against $1.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $480K | $400K | $1.3M | $244 | — | — |
| 2020 | $466K | $389K | $1.2M | $75 | — | — |
| 2019 | $498K | $488K | $1.2M | $54K | — | View 990 |
| 2018 | $550K | $528K | $1.2M | $69K | — | View 990 |
| 2017 | $541K | $496K | $1.2M | $104K | — | View 990 |
| 2016 | $549K | $437K | $1.1M | $60K | — | View 990 |
| 2015 | $496K | $388K | $977K | $22K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $480K, expenses of $400K, and assets of $1.3M (revenue +3.1% year-over-year).
- 2020: Revenue of $466K, expenses of $389K, and assets of $1.2M (revenue -6.5% year-over-year).
- 2019: Revenue of $498K, expenses of $488K, and assets of $1.2M (revenue -9.5% year-over-year).
- 2018: Revenue of $550K, expenses of $528K, and assets of $1.2M (revenue +1.7% year-over-year).
- 2017: Revenue of $541K, expenses of $496K, and assets of $1.2M (revenue -1.5% year-over-year).
- 2016: Revenue of $549K, expenses of $437K, and assets of $1.1M (revenue +10.7% year-over-year).
- 2015: Revenue of $496K, expenses of $388K, and assets of $977K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sigma Kappa National Housing Corporation:
Data Sources and Methodology
This transparency report for Sigma Kappa National Housing Corporation 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.