Sigma Kappa National Housing Corporation
EIN: 550704581 · Morgantown, WV
| Metric | Value |
|---|---|
| Total Revenue | $202K |
| Total Expenses | $202K |
| Net Assets | $209K |
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: 550704581) is a nonprofit organization based in Morgantown, WV. The organization reported total revenue of $202K and total assets of $653K 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.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
| Total Revenue | $240K |
| Total Expenses | $202K |
| Surplus / Deficit | +$38K |
| Total Assets | $404K |
| Total Liabilities | $194K |
| Net Assets | $209K |
| Operating Margin | 15.8% |
| Debt-to-Asset Ratio | 48.1% |
| Months of Reserves | 24.0 months |
Financial Health Grade: A
In 2013, Sigma Kappa National Housing Corporation reported a surplus of $38K with revenue exceeding expenses, holds 24.0 months of operating reserves (strong position), has a debt-to-asset ratio of 48.1% (moderate leverage).
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 (2013)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $38K, with revenue exceeding expenses.
- Debt-to-asset ratio: 48.1%.
Frequently Asked Questions about Sigma Kappa National Housing Corporation
Is Sigma Kappa National Housing Corporation a legitimate charity?
Sigma Kappa National Housing Corporation (EIN: 550704581) is a registered tax-exempt nonprofit based in West Virginia. Total revenue: $202K. No red flags identified. Financial health grade: A.
How does Sigma Kappa National Housing Corporation spend its money?
Sigma Kappa National Housing Corporation reported $202K in total revenue in IRS 990 filings. 1 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sigma Kappa National Housing Corporation tax-deductible?
Sigma Kappa National Housing Corporation is registered as a tax-exempt nonprofit (EIN: 550704581). 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 Morgantown, West Virginia and files with the IRS under EIN 550704581.
Filing History
IRS 990 filing history for Sigma Kappa National Housing Corporation showing financial trends over 1 year of public records:
In its most recent filing year (2013), Sigma Kappa National Housing Corporation reported a surplus of $38K, with revenue exceeding expenses. The organization holds $194K in liabilities against $404K in assets (debt-to-asset ratio: 48.1%), resulting in net assets of $209K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2013 | $240K | $202K | $404K | $194K | — | View 990 |
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.