The Delta Chi Of Kappa Sigma Alumni House Corporation
Fraternity Alumni House Corporation Consistently Reports Zero Expenses Despite Revenue Inflows.
EIN: 203849680 · Jackson, MS · NTEE: B83 · Updated: 2026-03-28
Is The Delta Chi Of Kappa Sigma Alumni House Corporation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Delta Chi Of Kappa Sigma Alumni House Corporation
The Delta Chi Of Kappa Sigma Alumni House Corporation (EIN: 203849680) is a nonprofit organization based in Jackson, MS, classified under NTEE code B83. The organization reported total revenue of $239K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Delta Chi Of Kappa Sigma Alumni House Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Delta Chi Of Kappa Sigma Alumni House Corporation is a small nonprofit that has been operating for 16 years, with 12 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 15.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $93K |
| Total Expenses | $0 |
| Surplus / Deficit | +$93K |
| Total Assets | $1.3M |
| Net Assets | $1.3M |
| Operating Margin | 100.0% |
Financial Health Grade: A
In 2024, The Delta Chi Of Kappa Sigma Alumni House Corporation reported a surplus of $93K with revenue exceeding expenses.
Financial Trends
Over 12 years of filings (2012–2024), The Delta Chi Of Kappa Sigma Alumni House Corporation's revenue has grown at a compound annual growth rate (CAGR) of 15.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +6.3% | — | +6.1% |
| 2023 | +16.0% | — | +1.1% |
| 2022 | +76.1% | — | -3.8% |
| 2021 | -52.2% | — | -1.5% |
| 2020 | +141.4% | — | -0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
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 The Delta Chi Of Kappa Sigma Alumni House Corporation 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: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, The Delta Chi Of Kappa Sigma Alumni House Corporation allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are not receiving salaries or other compensation from the organization, which is a positive for donor confidence.
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 The Delta Chi Of Kappa Sigma Alumni House Corporation's IRS 990 filings:
- Consistent reporting of $0 expenses despite significant revenue, raising questions about financial reporting accuracy and fund utilization.
- Lack of transparency regarding how revenue is spent or allocated, making it impossible to assess program efficiency.
- NTEE code B83 (Fraternal Societies) suggests a specific purpose, but the financial data doesn't clearly show how that purpose is being funded or achieved through expenditures.
Strengths
The following positive indicators were identified for The Delta Chi Of Kappa Sigma Alumni House Corporation:
- No officer compensation reported across all filings, indicating volunteer leadership.
- Consistent growth in assets over time, from $1,191,559 in 201505 to $1,268,678 in 202405, suggesting financial stability or accumulation.
- Significant reduction in liabilities over time, from $665,375 in 201405 to $0 in 202405, indicating strong debt management.
Frequently Asked Questions about The Delta Chi Of Kappa Sigma Alumni House Corporation
Is The Delta Chi Of Kappa Sigma Alumni House Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Delta Chi Of Kappa Sigma Alumni House Corporation (EIN: 203849680) significant concerns. Mission Score: 20/100. 3 red flags identified, 3 strengths noted.
How does The Delta Chi Of Kappa Sigma Alumni House Corporation spend its money?
Detailed spending breakdown data is not yet available for The Delta Chi Of Kappa Sigma Alumni House Corporation. Check back for updated IRS 990 analysis.
Are donations to The Delta Chi Of Kappa Sigma Alumni House Corporation tax-deductible?
The Delta Chi Of Kappa Sigma Alumni House Corporation is registered as a tax-exempt nonprofit (EIN: 203849680). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does The Delta Chi Of Kappa Sigma Alumni House Corporation operate with $0 reported expenses?
The IRS 990 filings consistently show $0 in expenses, even with reported revenue. This suggests that either all operational costs are covered by an external entity, revenue is primarily accumulated as assets, or expenses are being categorized in a way not reflected in the standard expense lines of the 990 form. Without further detail, it's unclear how the organization functions.
What is the purpose of the revenue generated if no expenses are reported?
Given the NTEE code B83 (Fraternal Societies) and the consistent increase in assets (e.g., from $1,191,641 in 201605 to $1,268,678 in 202405), it is plausible that the revenue is being used for capital improvements, debt reduction (as liabilities have decreased from $665,375 in 201405 to $0 in 202405), or accumulation of reserves, rather than operational expenses.
Is this organization transparent about its financial activities?
The organization's transparency is low regarding its spending. While revenue and asset figures are reported, the consistent reporting of $0 expenses makes it impossible to understand how funds are actually utilized, which is a significant gap in financial disclosure.
Filing History
IRS 990 filing history for The Delta Chi Of Kappa Sigma Alumni House Corporation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2024), The Delta Chi Of Kappa Sigma Alumni House Corporation's revenue has grown by 483.7%, moving from $16K to $93K. Total assets increased by 12% over the same period, from $1.1M to $1.3M. Total functional expenses fell by 100%, from $675 to $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $93K | $0 | $1.3M | $0 | — | — |
| 2023 | $87K | $0 | $1.2M | $13K | — | — |
| 2022 | $75K | $0 | $1.2M | $88K | — | View 990 |
| 2021 | $43K | $0 | $1.2M | $209K | — | — |
| 2020 | $90K | $0 | $1.2M | $271K | — | — |
| 2018 | $37K | $0 | $1.3M | $553K | — | View 990 |
| 2017 | $87K | $0 | $1.3M | $583K | — | View 990 |
| 2016 | $416 | $675 | $1.2M | $611K | — | View 990 |
| 2015 | $28K | $550 | $1.2M | $637K | — | View 990 |
| 2014 | $56K | $550 | $1.2M | $665K | — | View 990 |
| 2013 | $46K | $675 | $1.2M | $698K | — | View 990 |
| 2012 | $16K | $675 | $1.1M | $707K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $93K, expenses of $0, and assets of $1.3M (revenue +6.3% year-over-year).
- 2023: Revenue of $87K, expenses of $0, and assets of $1.2M (revenue +16.0% year-over-year).
- 2022: Revenue of $75K, expenses of $0, and assets of $1.2M (revenue +76.1% year-over-year).
- 2021: Revenue of $43K, expenses of $0, and assets of $1.2M (revenue -52.2% year-over-year).
- 2020: Revenue of $90K, expenses of $0, and assets of $1.2M (revenue +141.4% year-over-year).
- 2018: Revenue of $37K, expenses of $0, and assets of $1.3M (revenue -57.4% year-over-year).
- 2017: Revenue of $87K, expenses of $0, and assets of $1.3M (revenue +20843.0% year-over-year).
- 2016: Revenue of $416, expenses of $675, and assets of $1.2M (revenue -98.5% year-over-year).
- 2015: Revenue of $28K, expenses of $550, and assets of $1.2M (revenue -51.0% year-over-year).
- 2014: Revenue of $56K, expenses of $550, and assets of $1.2M (revenue +21.5% year-over-year).
- 2013: Revenue of $46K, expenses of $675, and assets of $1.2M (revenue +190.7% year-over-year).
- 2012: Revenue of $16K, expenses of $675, and assets of $1.1M.
Data Sources and Methodology
This transparency report for The Delta Chi Of Kappa Sigma Alumni House 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.