Kappa Deuteron Foundation Inc

Organization Overview

Kappa Deuteron Foundation Inc is located in Athens, GA. The organization was established in 1976. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Kappa Deuteron Foundation Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.

For the year ending 06/2022, Kappa Deuteron Foundation Inc generated $312.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $290.3k during the year ending 06/2022. While expenses have increased by 3.7% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

MAINTAIN HOUSE CORPORATION FOR PHI GAMMA DELTA FRATERNITY IN ATHENS, GEORGIA

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE RESIDENCE LODGE FOR LOCAL PHI GAMMA DELTA FRATERNITY


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Board, Officers & Key Employees

Name (title)Compensation
Darren Devore
President
$0
William Douglas IV
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$312,659
Investment income $1
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $312,660

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Kappa Deuteron Foundation Inc has recieved totaling $35,242.

Awarding OrganizationAmount
Phi Gamma Delta Educational Foundation

Lexington, KY

PURPOSE: ASSISTANCE FOR MEMBERS OR RELATED ORGANIZATIONS

$35,242
View Grant Recipient Profile

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