Alpha Kappa Psi Fraternity
- Assets
- $710.2k
- Revenue
- $56.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Athens, GA
- Founding
- 11/1998
- Data as of
- 03/2022
- EIN
- 58-0829034
Organization Overview
Alpha Kappa Psi Fraternity is located in Athens, GA. The organization was established in 1998. 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. Alpha Kappa 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 03/2022, Alpha Kappa Psi Fraternity generated $56.5k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $56.7k during the year ending 03/2022. 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
THE ORGANIZATIONS MISSION IS TO PROVIDE EDUCATION AND RESOURCES IN ORDER TO SHAPE STUDENTS AT THE UNIVERSITY OF GEORGIA INTO PREMIER BUSINESS LEADERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER RECRUITMENT: CURRENT FRATERNITY MEMBERS SEEK OUT LIKE-MINDED STUDENTS INTERESTED IN DEVELOPING INTOPROFESSIONAL BUSINESS LEADERS. DURING RECRUITMENT, CURRENT MEMBERS CREATE PROMOTIONAL MATERIALS, REGISTEREVENT SPACE AT THE UNIVERSITY OF GEORGIA CAMPUS AND REPRESENT THE FRATERNITY AT FRESHMAN ORIENTATION.
OVER THE COURSE OF THE ACADEMIC YEAR, ALPHA KAPPA PSI FRATERNITY, INC. PROVIDES MOCK INTERVIEWS, RESUME CRITIQUES AND PROFESSIONAL NETWORKING EVENTS TO ITS MEMBERS. A SPECIFIC EXAMPLE OF THISIS WHEN THE FRATERNITY MEMBERS INVITE BUSINESS LEADERS AND EXECUTIVES TO SHARE THEIR KNOWLEDGE ANDPROFESSIONAL EXPERIENCE. TYPICALLY, 3-6 COMPANY REPRESENTATIVES COME TO ATHENS AND PRESENT TO THEMEMBERS IN THE FORM OF A PANEL DISCUSSION. FRATERNITY MEMBERS CAN ASK QUESTIONS AND STRIVE TO GAIN INTELLECTUAL INSIGHT ABOUT POSSIBLE CAREER PATHS AFTER COLLEGE.
PRINCIPLED BUSINESS LEADERSHIP INSTITUTE: REGIONAL GATHERING OF CHAPTERS REPRESENTING THE ATLANTIC GULF COAST DIVISION. EIGHT MEMBERS ATTEND TO NETWORK WITH OTHER CHAPTERS, PARTICIPATE IN PROFESSIONAL DEVELOPMENT SEMINARS AND SET GOALS FOR THE CHAPTER.
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 |
|---|---|---|---|
Kate Morgan Chapter VP Of Social | Officer | 0 | $0 |
Heather Stephen Chapter VP Of Philanthropy | Officer | 0 | $0 |
Anthony Smith Chapter VP Of Membership | Officer | 0 | $0 |
Mike Olson Chapter VP Of Professional | Officer | 0 | $0 |
Lauren Handley Chapter Master Of Rituals | Officer | 0 | $0 |
Diana Chico Chapter VP Of Administration | Officer | 0 | $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 | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $56,460 |
| 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 | $56,460 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,450 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $7,989 |
| Total functional expenses | $56,749 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,779 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $697,400 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $710,179 |
| Accounts payable and accrued expenses | $0 |
| 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 | $68,280 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $68,280 |
| Net assets without donor restrictions | $641,899 |
| Net assets with donor restrictions | $0 |
| 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 | $710,179 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pi Kappa Phi Properties Inc Charlotte, NC | $36,157,884 | $10,688,194 |
Alpha Omicron Pi Fraternity Inc Brentwood, TN | $57,425,535 | $8,065,959 |
Omega Psi Phi Fraternity Decatur, GA | $10,119,312 | $8,150,669 |
Alpha Gamma Delta Fraternity Tuscaloosa, AL | $2,561,270 | $3,643,915 |
House Board Of Gamma Pi Of Kappa Kappa Gamma Tuscaloosa, AL | $20,813,023 | $3,697,163 |
Nautilus Management Inc Memphis, TN | $16,834,211 | $2,172,564 |
Alabama Beta Of Pi Beta Phi House Association Incorporated Tuscaloosa, AL | $16,056,470 | $2,809,750 |
The Tau Beta Pi Association Inc Knoxville, TN | $43,758,884 | $4,633,459 |
Kappa Delta Sorority Tuscaloosa, AL | $18,544,101 | $3,357,016 |
Alpha Chi Omega Alpha Upsilon House Corporation Tuscaloosa, AL | $17,872,945 | $3,140,605 |
Phi Mu House Corporation Tuscaloosa, AL | $18,579,547 | $3,616,804 |
Alpha Delta Pi Building Corporation Tuscaloosa, AL | $14,319,134 | $2,607,081 |