Kappa Sigma Fraternity is located in West Lafayette, IN. 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 $48.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (37.9%) each year. All expenses for the organization totaled $63.1k during the year ending 05/2020. As we would expect to see with falling revenues, expenses have declined by (36.0%) per year over the past 6 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
TO PROVIDE A CHAPTER OF THE KAPPA SIGMA FRATERNAL SOCIAL ORGAINZATION AT PURDUE UNIVERSITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Doug Kowert President | 4 | $0 | |
James Shively Vice Preside | 3 | $0 | |
Peter Evers Member | 3 | $0 | |
Charles Marshall Secretary | 3 | $0 | |
Robert Morris Member | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $48,689 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $48,689 |
Statement of Expenses | |
---|---|
Total expenses | $63,066 |
Balance Sheet | |
---|---|
Total assets | $20,699 |
Total liabilities | $53,657 |
Net assets or fund balances | -$32,958 |
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Delta Tau Delta Educational Foundation Inc Fishers, IN | $27,163,598 | $7,019,094 |
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