Kappa Alpha Psi Fraternity is located in Tallahassee, FL. The organization was established in 1957. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Kappa Alpha Psi Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2023, Kappa Alpha Psi Fraternity generated $127.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 28.9% each year . All expenses for the organization totaled $127.2k during the year ending 09/2023. While expenses have increased by 33.2% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ADVANCE THE EDUCATIONAL, FRATERNAL, AND MORAL DEVELOPMENT OF ITS MEMBERSHIP IN ACCORDANCE WITH THE PURPOSE OF THE ORGANIZATIONS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cornell Cummings President | 0 | $0 | |
Albert Arnold Vice Preside | 0 | $0 | |
Antonio Witherspoon Secretary | 0 | $0 | |
Courtney Cooper Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,111 |
| Total Program Service Revenue | $38,717 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $42,801 |
| Other Revenue | $0 |
| Total Revenue | $127,629 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $765 |
| Other expenses | $85,249 |
| Total expenses | $127,235 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $394 |
| Other assets | $0 |
| Total assets | $394 |
| Total liabilities | $0 |
| Net assets or fund balances | $394 |