Kappa Omicron Nu Inc
- Assets
- $640.0k
- Revenue
- $102.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Belleair Bluffs, FL
- Founding
- 08/1975
- Data as of
- 06/2022
- EIN
- 38-1245233
Organization Overview
Kappa Omicron Nu Inc is located in Belleair Bluffs, FL. The organization was established in 1975. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. Kappa Omicron Nu Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Kappa Omicron Nu Inc generated $102.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $142.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE SCHOLARSHIP, LEADERSHIP AND RESEARCH IN THE HUMAN SCIENCES
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHAPTER AND MEMBER SERVICES - KAPPA OMICRON NU PROVIDES MANAGEMENT AND PROGRAM SERVICES TO CHAPTERS AND PROGRAMMING AND PUBLICATIONS TO MEMBERS. - 82 CHAPTERS AND 50,000+ LIFETIME MEMBERS.
LEADERSHIP AND MEMBER SERVICES - KAPPA OMICRON NU PROVIDES LEADERSHIP DEVELOPEMENT OPPORTUNITIES THROUGH CHAPTER AND NATIONAL MEETINGS AND WEB COURSES TO MEMBERS.
SCHOLARSHIP AND AWARD PROGRAM - KAPPA OMICRON NU PROVIDES A COMPETITIVE SCHOLARSHIP PROGRAM FOR MEMBERS, CHAPTERS, AND ADVISORS. SCHOLARSHIPS ARE AWARDED TO STUDENTS FOR EXCELLENCE IN RESEARCH AND VOLUNTEER LEADERSHIP.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Holly Roseski Executive Director & CEO | OfficerTrustee | 30 | $0 |
Amber Roth Chair | Officer | 1 | $0 |
David Kyle First Vice Chair | Officer | 1 | $0 |
Sharon Rose Second Vice Chair | Officer | 1 | $0 |
Basem Boutros Secretary | Officer | 1 | $0 |
Charlene Harris Treasurer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $13,049 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,545 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,594 |
| Total Program Service Revenue | $43,643 |
| Investment income | $31,445 |
| 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 | $102,682 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $6,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $94,858 |
| Fees for services: Legal | $2,355 |
| Fees for services: Accounting | $1,534 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,507 |
| Fees for services: Other | $4,231 |
| Advertising and promotion | $1,047 |
| Office expenses | $783 |
| Information technology | $5,609 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $978 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $752 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,104 |
| All other expenses | $113 |
| Total functional expenses | $142,817 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,123 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $21,540 |
| Prepaid expenses and deferred charges | $958 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $588,409 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $640,030 |
| Accounts payable and accrued expenses | $80 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $80 |
| Net assets without donor restrictions | $539,950 |
| Net assets with donor restrictions | $100,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $640,030 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Tech Alumni Association Inc Atlanta, GA | $3,190,672 | $7,936,222 |
University Of Alabama Alumni Assoc Alumni Hall Tuscaloosa, AL | $63,747,922 | $7,156,369 |
University Of Florida Alumni Association Inc Gainesville, FL | $0 | $2,776,539 |
University Of South Florida Alumni Association Inc Tampa, FL | $10,823,849 | $2,834,575 |
Florida State University Alumni Association Tallahassee, FL | $5,180,580 | $3,503,983 |
Itba Alumni Foundation Inc Miami, FL | $3,754 | $1,559,691 |
The Florida A & M University National Alumni Association Inc Tallahassee, FL | $2,980,396 | $1,234,088 |
Georgia State University Alumni Association Inc Atlanta, GA | $2,108,070 | $718,329 |
Georgia College Alumni Association Inc Milledgeville, GA | $9,774,571 | $836,687 |
Achievement Rewards For College Scientists Foundation Inc Atlanta, GA | $1,483,492 | $454,830 |
University Club Of Winter Park Winter Park, FL | $3,928,655 | $243,531 |
The University Of South Alabama National Alumni Association Inc Mobile, AL | $1,996,523 | $859,340 |