Kappa Sigma Fraternity

Not tax-deductible

Norman, OK501(c)(7)EIN 90-0767327

To operate the local chapter of kappa sigma gamma kappa chapter at oklahoma university, a college social fraternity. Specifically, to promote the social, intellectual, and moral development of members and pledges of kappa sigma fraternity. To continue among graduate members the close friendship and loyalty inspired and stabilized by mutual aid and understanding. To support the education of members and outstanding scholars, to assist members in time of need, and to support selected humanitarian activities. Our organization supports numerous charitable organizations and we hold many community service events annually.

100¢ of each $1 spent went to programs.
Run by 5 volunteers.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · 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
3 of 4
filings with a surplus
Average surplus $24K a year · 4% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 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
Fine: 1.1 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
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.3M
+166% vs prior year
Spent
$1.3M
To programs
100%
Net assets
$120K
By yearFY2021–FY2025
Revenue
$1.3M
FY2025▲ +166%
Revenue by fiscal year
FY2021$295K
FY2022$190K
FY2023$429K
FY2024$507K
FY2025$1.3M
Expenses
$1.3M
FY2025▲ +148%
Expenses by fiscal year
FY2021$289K
FY2022Not on file
FY2023$432K
FY2024$507K
FY2025$1.3M
Net assets
$120K
FY2025▲ +326%
Net assets by fiscal year
FY2021$48K
FY2022$30K
FY2023$28K
FY2024$28K
FY2025$120K

From the FY2025 Form 990 (year ending May 2025) · figures checked against the IRS filing · see the original

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

100 cents of each dollar spent went to programs.

Program services 100% · $1.3M

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

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Grand Master
$0Pt VII · Sec A
Grand Procre
$0Pt VII · Sec A
Grand Master
$0Pt VII · Sec A
Grand Treasu
$0Pt VII · Sec A
Grand Scribe
$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

Promotes social, intellectual, and moral development for fraternity members while supporting education and humanitarian causes.

Provided by the organization

This section is blank until Kappa Sigma Fraternity claims this page.

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1 program service, described in the organization's own filed words · FY2024.
01

Provide housing, chapter programming, leadership developmen, and opportunities for philanthropic and community service activities to approximately 265 memebers of the local chapter of kappa sigma fraternity at the university of oklahoma.

Pt IX · col B

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By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$1.3M
Ln 12
Fees for servicesLn 2g$1.3M
Gifts and grantsLn 1h$12K
Money outPt IX
$1.3M
Ln 25
Programscol B$1.3M
Owns and owesPt X
$120K
net assets · Ln 32
Cash and savingsLn 1–2$120K
Total assetsLn 16$120K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$12K
Fees for servicesLn 2g$1.3M
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
CashLn 1$120K
Cash and savings togetherLn 1–2$120K
Total assetsLn 16$120K
LiabilitiesLn 26$0
Net assetsLn 32$120K
OperationsPt I, VI
EmployeesI 50
VolunteersI 65
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 FY25End FY25
Cash and savingsLn 1–2$28K$120K
Total assetsLn 16$28K$120K
LiabilitiesLn 26$0$0
Net assetsLn 32$28K$120K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
OccupancyLn 16$605K$605K
Other expenses (24a–d)Ln 24$650K$650K
Total functional expensesLn 25$1.3M$1.3M$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $1.3M$1.3M$92K$120K 990 PDF
FY2024 $507K$507K$441$28K 990 PDF
FY2023 $429K$432K−$3K$28K 990 PDF
FY2022 $190K$30K 990 PDF
FY2021 $295K$289K$6K$48K 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 FY2025 990 (4 parts)
Part VIII · Statement of revenue $1,346,937 across 4 lines filed
VIII-1f All other contributions, gifts and grants$12,000
VIII-1h Total contributions, gifts and grants$12,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,334,937$1,334,937
VIII-12 Total revenueRelated to mission $1,334,937$1,346,937
Part IX · Statement of functional expenses $1,255,007 across 2 lines filed
IX-16 OccupancyPrograms $604,972$604,972
IX-24 Other expenses (24a–d)Programs $650,035$650,035
IX-25 Total functional expensesPrograms $1,255,007 · Management $0 · Fundraising $0$1,255,007
Part X · Balance sheet $120,119 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $28,189$120,119
X-16 Total assetsStart of year $28,189$120,119
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $28,189$120,119
X-32 Total net assets or fund balancesStart of year $28,189$120,119
X-33 Total liabilities and net assetsStart of year $28,189$120,119
Part XI · Reconciliation of net assets $120,119 net assets at year end
XI-1 Total revenue$1,346,937
XI-2 Total expenses$1,255,007
XI-3 Revenue less expenses$91,930
XI-4 Net assets at start of year$28,189
XI-10 Net assets at end of year$120,119

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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