philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Kappa Sigma Fraternity FY2024 filing

Not tax-deductible

Tuscaloosa, AL501(c)(7)Mutual/MembershipEIN 74-1132044Revenue $1.5M in FY2024

On file with the IRSPo Box 1880, 35403-1880 · Tuscaloosa, ALTax-exempt since Aug 2024

This page gets seen. Tell your story. Claim this org.

The mission of Kappa Sigma is to complement and enhance the educational mission of the host institution, promote the ideals of brotherhood and ethical behavior, contribute to the growth and development of its members, and encourage service to others.

100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2024 · 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 2
filings with a surplus
Average surplus $96K a year · 6% of revenue · last 2 filings
Looks good: a surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.7 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$791K
80% of total assets
Worth a look: liabilities are 80% of assets; over 65%.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.5M
Spent
$1.3M
To programs
100%
Net assets
$198K
By yearFY2024–FY2025
Revenue
$1.5M
FY2024
Tap a bar for its year
Revenue by fiscal year
FY2024$1.5M
FY2025$1.7M
Expenses
$1.3M
FY2024
Tap a bar for its year
Expenses by fiscal year
FY2024$1.3M
FY2025$1.7M
Net assets
$198K
FY2024
Tap a bar for its year
Net assets by fiscal year
FY2024$198K
FY2025$227K

From the FY2024 Form 990 (year ending May 2024) · see the original

Form 990 (PDF) Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Revoked Oct 2020, reinstated. IRS ruling Aug 2024, per the IRS master file. Latest filing on record: FY2025. IRS ruling in Aug 2024.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $1.3M Fundraising 0% · $2K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Wilson Brizzi
Grand Treasu
$0Pt VII · Sec A
Levi Robinson
Grand Procur
$0Pt VII · Sec A
Michael Schultze
Grand Master
$0Pt VII · Sec A
Jerry Wang
Grand Scribe
$0Pt VII · Sec A
See Kappa Sigma Fraternity executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

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

Develops members through brotherhood, ethical behavior, education, and service.

Questions for Kappa Sigma Fraternity

Tap to ask. Kappa Sigma Fraternity sees how many people are interested.

Your first name shows with your question. Kappa Sigma Fraternity answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · in their own filed words · FY2023
01

Provide housing and social and chapter programming to the local members of a national collegiate social fraternity.

Pt IX · col B

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$1.5M
Ln 12
Fees for servicesLn 2g$1.5M
Money outPt IX
$1.3M
Ln 25
Programscol B$1.3M
Fundraisingcol D$2K
Owns and owesPt X
$198K
net assets · Ln 32
Cash and savingsLn 1–2$72K
Total assetsLn 16$988K
LiabilitiesLn 26$791K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.5M
Total revenueLn 12$1.5M
Assets in detailPt X, end of year
CashLn 1$72K
Cash and savings togetherLn 1–2$72K
Total assetsLn 16$988K
LiabilitiesLn 26$791K
Net assetsLn 32$198K
OperationsPt I, VI
EmployeesI 53
VolunteersI 64
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 FY24End FY24
Cash and savingsLn 1–2$25K$72K
Total assetsLn 16$25K$988K
LiabilitiesLn 26$0$791K
Net assetsLn 32$25K$198K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$134K$134K
Other employee benefitsLn 9$2K$2K
Payroll taxesLn 10$29K$29K
Accounting feesLn 11c$29K$29K
Professional fundraising feesLn 11e$2K$2K
Office expensesLn 13$2K$2K
OccupancyLn 16$565K$565K
Conferences, conventions and meetingsLn 19$8K$8K
Other expenses (24a–d)Ln 24$467K$467K
All other expensesLn 24e$59K$59K
Total functional expensesLn 25$1.3M$1.3M$0$2K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.7M$1.7M$29K$227K 990 PDF
FY2024 Viewing $1.5M$1.3M$163K$198K 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 FY2024 990 (6 parts)
Part I · Summary $1,458,092 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $237,056$0
I-9 Program service revenuePrior year $35,990$1,458,092
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $273,046$1,458,092
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $9,952$164,382
I-16a Professional fundraising fees$1,501
I-17 Other expensesPrior year $262,026$1,129,439
I-18 Total expensesPrior year $271,978$1,295,322
I-19 Revenue less expensesPrior year $1,068$162,770
Part VI · Governance 4 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
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 $1,458,092 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,458,092$1,458,092
VIII-12 Total revenueRelated to mission $1,458,092$1,458,092
Part IX · Statement of functional expenses $1,295,322 across 10 lines filed
IX-7 Other salaries and wagesPrograms $133,602$133,602
IX-9 Other employee benefitsPrograms $1,996$1,996
IX-10 Payroll taxesPrograms $28,784$28,784
IX-11c Accounting feesPrograms $28,755$28,755
IX-11e Professional fundraising feesFundraising $1,501$1,501
IX-13 Office expensesPrograms $2,253$2,253
IX-16 OccupancyPrograms $564,911$564,911
IX-19 Conferences, conventions and meetingsPrograms $7,522$7,522
IX-24 Other expenses (24a–d)Programs $466,677$466,677
IX-24e All other expensesPrograms $59,321$59,321
IX-25 Total functional expensesPrograms $1,293,821 · Management $0 · Fundraising $1,501$1,295,322
Part X · Balance sheet $988,425 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $24,656$71,875
X-4 Accounts receivable$916,550
X-16 Total assetsStart of year $24,656$988,425
X-17 Accounts payable and accrued expenses$585,094
X-19 Deferred revenue$205,651
X-26 Total liabilitiesStart of year $0$790,745
X-32 Total net assets or fund balancesStart of year $24,656$197,680
X-33 Total liabilities and net assetsStart of year $24,656$988,425
Part XI · Reconciliation of net assets $197,680 net assets at year end
XI-1 Total revenue$1,458,092
XI-2 Total expenses$1,295,322
XI-3 Revenue less expenses$162,770
XI-4 Net assets at start of year$24,656
XI-8 Prior period adjustments$10,254
XI-10 Net assets at end of year$197,680

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.