Sigma Kappa Sorority
Sigma Kappa Sorority maintains consistent revenue and growing assets with no reported officer compensation.
EIN: 10158948 · Carmel, IN · Updated: 2026-03-28
Is Sigma Kappa Sorority Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sigma Kappa Sorority directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Sigma Kappa Sorority
Sigma Kappa Sorority (EIN: 10158948) is a nonprofit organization based in Carmel, IN. The organization reported total revenue of $10.1M and total assets of $14.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sigma Kappa Sorority's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sigma Kappa Sorority with a Mission Score of 75 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Sigma Kappa Sorority allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Sigma Kappa Sorority consistently reports 0% officer compensation across all available filings, which is unusual for an organization with annual revenues exceeding $4 million. This suggests either a fully volunteer executive leadership or that executive compensation is categorized differently within the expense structure, warranting further investigation for complete transparency.
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 Sigma Kappa Sorority's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising)
- Consistent 0% officer compensation without further explanation for an organization of this size
Strengths
The following positive indicators were identified for Sigma Kappa Sorority:
- Consistent revenue generation, averaging around $5 million annually
- Strong asset growth, increasing from $8.1 million in 2015 to $14.4 million in 2024
- Generally positive net income in most years, indicating financial sustainability
- Low liabilities relative to assets, suggesting good financial management
Frequently Asked Questions about Sigma Kappa Sorority
Is Sigma Kappa Sorority a legitimate charity?
Based on AI analysis of IRS 990 filings, Sigma Kappa Sorority (EIN: 10158948) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Sigma Kappa Sorority spend its money?
Sigma Kappa Sorority directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sigma Kappa Sorority tax-deductible?
Sigma Kappa Sorority is registered as a tax-exempt nonprofit (EIN: 10158948). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Sigma Kappa Sorority allocate its expenses between program services, administration, and fundraising?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for assessing spending efficiency and impact.
Why is officer compensation consistently reported as 0% despite significant revenue?
The consistent reporting of 0% officer compensation across all filings is atypical for an organization of this size and revenue. It could indicate a volunteer-led executive team or that compensation is reported under other expense lines, which would require further clarification for full transparency.
What is the primary source of Sigma Kappa Sorority's revenue?
While the total revenue is provided, the specific sources (e.g., membership dues, donations, investments) are not detailed in the given data. Understanding revenue streams would provide insight into financial stability and donor reliance.
Filing History
IRS 990 filing history for Sigma Kappa Sorority showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Sigma Kappa Sorority's revenue has grown by 108.7%, moving from $2.9M to $6.1M. Total assets increased by 444.8% over the same period, from $2.7M to $14.5M. Total functional expenses rose by 82.5%, from $2.5M to $4.6M. In its most recent filing year (2024), Sigma Kappa Sorority reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $7.0M in liabilities against $14.5M in assets (debt-to-asset ratio: 48.3%), resulting in net assets of $7.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $6.1M | $4.6M | $14.5M | $7.0M | — | View 990 |
| 2023 | $5.0M | $5.3M | $11.9M | $6.1M | — | — |
| 2022 | $4.4M | $4.2M | $12.9M | $6.7M | — | View 990 |
| 2021 | $4.5M | $3.2M | $12.9M | $6.4M | — | — |
| 2020 | $4.2M | $4.7M | $11.1M | $6.5M | — | View 990 |
| 2019 | $5.8M | $5.8M | $10.0M | $4.9M | — | View 990 |
| 2018 | $4.9M | $4.4M | $10.4M | $5.2M | — | View 990 |
| 2017 | $6.2M | $5.4M | $9.8M | $5.2M | — | View 990 |
| 2016 | $4.6M | $4.8M | $8.7M | $5.2M | — | View 990 |
| 2015 | $5.0M | $4.6M | $8.2M | $4.4M | — | View 990 |
| 2014 | $3.4M | $3.0M | $7.2M | $3.8M | — | View 990 |
| 2013 | $3.5M | $3.0M | $3.6M | $664K | — | View 990 |
| 2012 | $2.8M | $2.5M | $3.1M | $719K | — | View 990 |
| 2011 | $2.9M | $2.5M | $2.7M | $629K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $6.1M, expenses of $4.6M, and assets of $14.5M (revenue +23.2% year-over-year).
- 2023: Revenue of $5.0M, expenses of $5.3M, and assets of $11.9M (revenue +12.4% year-over-year).
- 2022: Revenue of $4.4M, expenses of $4.2M, and assets of $12.9M (revenue -1.2% year-over-year).
- 2021: Revenue of $4.5M, expenses of $3.2M, and assets of $12.9M (revenue +5.9% year-over-year).
- 2020: Revenue of $4.2M, expenses of $4.7M, and assets of $11.1M (revenue -27.4% year-over-year).
- 2019: Revenue of $5.8M, expenses of $5.8M, and assets of $10.0M (revenue +20.1% year-over-year).
- 2018: Revenue of $4.9M, expenses of $4.4M, and assets of $10.4M (revenue -21.8% year-over-year).
- 2017: Revenue of $6.2M, expenses of $5.4M, and assets of $9.8M (revenue +33.9% year-over-year).
- 2016: Revenue of $4.6M, expenses of $4.8M, and assets of $8.7M (revenue -7.7% year-over-year).
- 2015: Revenue of $5.0M, expenses of $4.6M, and assets of $8.2M (revenue +46.6% year-over-year).
- 2014: Revenue of $3.4M, expenses of $3.0M, and assets of $7.2M (revenue -2.7% year-over-year).
- 2013: Revenue of $3.5M, expenses of $3.0M, and assets of $3.6M (revenue +24.6% year-over-year).
- 2012: Revenue of $2.8M, expenses of $2.5M, and assets of $3.1M (revenue -3.9% year-over-year).
- 2011: Revenue of $2.9M, expenses of $2.5M, and assets of $2.7M.
Data Sources and Methodology
This transparency report for Sigma Kappa Sorority 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.