Kappa Sigma Fraternity is located in San Luis Obispo, CA. The organization was established in 1940. 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 Sigma Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 05/2020, Kappa Sigma Fraternity generated $66.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $60.9k during the year ending 05/2020. As we would expect to see with falling revenues, expenses have declined by (12.0%) per year over the past 4 years. 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
2020
Describe the Organization's Program Activity:
Part 3
0
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chris Bruni President | 20 | $0 | |
Ian Mccandless Treasurer | 15 | $0 | |
Ty Schwartz Vice President | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $60,069 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $5,951 |
Other Revenue | $0 |
Total Revenue | $66,020 |
Statement of Expenses | |
---|---|
Total expenses | $60,899 |
Balance Sheet | |
---|---|
Total assets | $1 |
Total liabilities | $0 |
Net assets or fund balances | $0 |