Kappa Sigma Fraternity FY2021 filing

Not tax-deductible

Napoleonville, LA501(c)(7)EIN 54-2034661Revenue $640K in FY2021

On file with the IRSPo Box 250, 70390-0250 · Napoleonville, LATax-exempt since Dec 1940

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Fraternal organization for LSU students providing social and educational service to LSU undergraduates which also does local charity work.

Mission: Form 990 Part I, line 1

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $8K a year · 1% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 2.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$640K
Spent
$563K
To programs
0%
Net assets
$118K
By yearFY2021–FY2025
Revenue
$640K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$640K
FY2022$692K
FY2023$655K
FY2024$862K
FY2025$787K
Expenses
$563K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$563K
FY2022$709K
FY2023$675K
FY2024$799K
FY2025$851K
Net assets
$118K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$118K
FY2022$100K
FY2023$81K
FY2024$143K
FY2025$79K

From the FY2021 Form 990 (year ending May 2021) · see the original

Form 990 (PDF) Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1940.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Management & general 100% · $563K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Grand Treasu
$0Pt VII · Sec A
Grand Master
$0Pt VII · Sec A
Grand Scribe
$0Pt VII · Sec A
Grand Master
$0Pt VII · Sec A
Grand Procur
$0Pt VII · Sec A
Alumni Treas
$0Pt VII · Sec A
See Kappa Sigma Fraternity executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports LSU students with social, educational, and local charity programs.

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Provided by the organization

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1 program · in their own filed words · FY2020
01

Fraternal organization for lsu students providing socil and educational service to lsu undergraduates which also does local charity work.

Pt IX · col B

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$640K
Ln 12
Gifts and grantsLn 1h$640K
Money outPt IX
$563K
Ln 25
Managementcol C$563K
Owns and owesPt X
$118K
net assets · Ln 32
Cash and savingsLn 1–2$97K
Total assetsLn 16$118K
LiabilitiesLn 26$0
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a0
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$640K
Total revenueLn 12$640K
Assets in detailPt X, end of year
CashLn 1$97K
Cash and savings togetherLn 1–2$97K
Land, buildings, equipmentLn 10c$20K
Other assetsLn 15$450
Total assetsLn 16$118K
LiabilitiesLn 26$0
Net assetsLn 32$118K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$28K$97K
Land, buildings, equipmentLn 10c$20K$20K
Total assetsLn 16$49K$118K
LiabilitiesLn 26$8K$0
Net assetsLn 32$41K$118K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Office expensesLn 13$12K$12K
Other expenses (24a–d)Ln 24$496K$496K
All other expensesLn 24e$55K$55K
Total functional expensesLn 25$563K$0$563K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $787K$851K−$64K$79K 990 PDF
FY2024 $862K$799K$63K$143K 990 PDF
FY2023 $655K$675K−$20K$81K 990 PDF
FY2022 $692K$709K−$17K$100K 990 PDF
FY2021 Viewing $640K$563K$77K$118K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $640,058 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $604,068$640,058
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $604,068$640,058
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $616,387$562,757
I-18 Total expensesPrior year $616,387$562,757
I-19 Revenue less expensesPrior year −$12,319$77,301
Part VI · Governance 4 to look at
VI-1a Voting members of the governing body0
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $640,058 across 3 lines filed
VIII-1b Membership dues$640,058
VIII-1h Total contributions, gifts and grants$640,058
VIII-12 Total revenue$640,058
Part IX · Statement of functional expenses $562,757 across 3 lines filed
IX-13 Office expensesManagement $12,026$12,026
IX-24 Other expenses (24a–d)Management $495,843$495,843
IX-24e All other expensesManagement $54,888$54,888
IX-25 Total functional expensesPrograms $0 · Management $562,757 · Fundraising $0$562,757
Part X · Balance sheet $117,849 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $28,108$97,199
X-10c Land, buildings and equipment, netStart of year $20,200$20,200
X-15 Other assetsStart of year $450$450
X-16 Total assetsStart of year $48,758$117,849
X-26 Total liabilitiesStart of year $8,210$0
X-27 Net assets without donor restrictionsStart of year $40,548$117,849
X-32 Total net assets or fund balancesStart of year $40,548$117,849
X-33 Total liabilities and net assetsStart of year $48,758$117,849
Part XI · Reconciliation of net assets $117,849 net assets at year end
XI-1 Total revenue$640,058
XI-2 Total expenses$562,757
XI-3 Revenue less expenses$77,301
XI-4 Net assets at start of year$40,548
XI-10 Net assets at end of year$117,849

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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