Civic Intelligence

Alpha Kappa Alpha Sorority Inc

EIN 36-2152330 • 501(c)7 • Chicago, IL

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Profile

Our purpose is to cultivate high scholastic and ethical standards, through outreach programs in education, health, leadership development, community service and other areas that improve the social stature of women and girls, and be of service to all mankind.UNDER CODE SECTION 501(C)7 AKA IS A SOCIAL CLUB ORGANIZED FOR PLEASURE, RECREATION AND NON-PROFIT PURPOSES WHICH INCLUDE RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL SUPPORT. THESE CHARITABLE FUNCTIONS ARE SUPPORTED WITH FUNDS SET ASIDE FOR THESE PURPOSES IN COMPLIANCE WITH THE CODE SECTION.

5656 South Stony Island AveChicago, IL 60637

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

56th percentile

0.31x

Higher debt load relative to assets than 56% of similar nonprofits.

501(c)7 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

22nd percentile

0.39x

Higher debt load relative to revenue than 22% of similar nonprofits.

501(c)7 • $50M-$100M nonprofits • Source year 2024

Net Margin

24th percentile

-4.8%

Higher net margin than 24% of similar nonprofits.

501(c)7 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

23rd percentile

0.7%

Faster asset growth than 23% of similar nonprofits.

501(c)7 • $50M-$100M nonprofits • Annualized from 2022 to 2024

Revenue Growth

43rd percentile

8.7%

Faster revenue growth than 43% of similar nonprofits.

501(c)7 • $50M-$100M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$76,668,993

Down $2,035,419 (-2.6%) from 2023

Liabilities

Down

$23,614,151

Down $2,312,422 (-8.9%) from 2023

Net Assets

Up

$53,054,842

Up $277,003 (+0.5%) from 2023

Operations
Liabilities / Revenue22nd percentileNet Margin24th percentile

Revenue

Up

$60,880,352

Up $15,604,309 (+34%) from 2023

Expenses

Up

$63,772,902

Up $16,526,731 (+35%) from 2023

Net Income

Down

-$2,892,550

Down $922,422 (-47%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth23rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80M$60M$40M$20M$0Assets 2020: $50,053,085Liabilities 2020: $11,831,685Net Assets 2020: $38,221,4002020Assets 2021: $69,493,289Liabilities 2021: $19,617,830Net Assets 2021: $49,875,4592021Assets 2022: $75,647,473Liabilities 2022: $24,880,818Net Assets 2022: $50,766,6552022Assets 2023: $78,704,412Liabilities 2023: $25,926,573Net Assets 2023: $52,777,8392023Assets 2024: $76,668,993Liabilities 2024: $23,614,151Net Assets 2024: $53,054,8422024

Highlighted filing

2024

Assets$76,668,993
Liabilities$23,614,151
Net Assets$53,054,842
Open 2024 Filing

Operations Trend

Revenue Growth43rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80M$60M$40M$20M$0-$20MRevenue 2020: $22,865,578Expenses 2020: $19,373,473Net Income 2020: $3,492,1052020Revenue 2021: $32,008,594Expenses 2021: $26,368,008Net Income 2021: $5,640,5862021Revenue 2022: $51,536,928Expenses 2022: $53,169,601Net Income 2022: -$1,632,6732022Revenue 2023: $45,276,043Expenses 2023: $47,246,171Net Income 2023: -$1,970,1282023Revenue 2024: $60,880,352Expenses 2024: $63,772,902Net Income 2024: -$2,892,5502024

Highlighted filing

2024

Revenue$60,880,352
Expenses$63,772,902
Net Income-$2,892,550
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$76,668,993
Liabilities
$23,614,151
Net assets
$53,054,842
Revenue
$60,880,352
Expenses
$63,772,902
Net income
-$2,892,550
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$76.7$23.6$53.1$60.9$63.8$2.89
2023Detailed filing. Detailed filing data is available for this year.$78.7$25.9$52.8$45.3$47.2$1.97
2022Detailed filing. Detailed filing data is available for this year.$75.6$24.9$50.8$51.5$53.2$1.63
2021Detailed filing. Detailed filing data is available for this year.$69.5$19.6$49.9$32.0$26.4$5.64
2020Detailed filing. Detailed filing data is available for this year.$50.1$11.8$38.2$22.9$19.4$3.49
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 1, 2025
Return Version
2024v5.2
Gross Receipts
$63,159,720
Mission and Program Overview

Mission

Our purpose is to cultivate high scholastic and ethical standards, through outreach programs in education, health, leadership development, community service and other areas that improve the social stature of women and girls, and be of service to all mankind.UNDER CODE SECTION 501(C)7 AKA IS A SOCIAL CLUB ORGANIZED FOR PLEASURE, RECREATION AND NON-PROFIT PURPOSES WHICH INCLUDE RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL SUPPORT. THESE CHARITABLE FUNCTIONS ARE SUPPORTED WITH FUNDS SET ASIDE FOR THESE PURPOSES IN COMPLIANCE WITH THE CODE SECTION.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$39,249,297$34,445,081▼ $4,804,216
Investments Program Related$13,510,552$14,679,467▲ $1,168,915
Land, Buildings, and Equipment, Net$5,985,544$6,134,951▲ $149,407
Inventories for Sale or Use$4,609,415$5,904,643▲ $1,295,228
Accounts Receivable$1,937,481$2,383,881▲ $446,400
Prepaid Expenses and Deferred Charges$1,806,371$1,513,815▼ $292,556
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$78,704,412$76,668,993▼ $2,035,419
Other Assets Total$11,605,752$11,607,155▲ $1,403
Liabilities
Accounts Payable and Accrued Expenses$14,349,983$14,569,194▲ $219,211
Deferred Revenue$11,256,671$8,750,920▼ $2,505,751
Other Liabilities$319,919$294,037▼ $25,882
Total Liabilities$25,926,573$23,614,151▼ $2,312,422
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$30,947,921$35,133,371▲ $4,185,450
Net Assets With Donor Restrictions$21,829,918$17,921,471▼ $3,908,447
Total Net Assets Fund Balance$52,777,839$53,054,842▲ $277,003
Total Liabilities and Net Assets / Fund Balance$78,704,412$76,668,993▼ $2,035,419

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$5,749,959$1,882,965$7,632,924
Buildings$361,559$5,651,674$6,013,233
Other Land Buildings$12,364$1,806,598$1,818,962
Equipment$11,069$640,408$651,477
Other Assets Org$1--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Nicole H BarrettDeputy DirectorFT$176,552$176,552
Barbara BrooksDirector of HrFT$142,744$142,744
Patricia WatkinsDrtr of MembershipFT$136,075$136,075
Darold FletcherDirector of ItFT$123,466$123,466
Giovanni ColonDirector of ITFT$122,207$122,207

Board Members and Trustees

NameTitle
Danette Anthony ReedIntl President
Kiahna W DavisCent Reg Director
Shelby D BoagniFar W Reg Director
Gwendolyn KirtleyGr Lake Reg Director
Nadine Vargas StewartMid Atl Reg Director
Anika StarlingMidwest Reg Director
Elicia Pegues SpearmanN. Atl. Reg Director
Tiffany Moore RussellSth Atl Reg Director
Joya T HayesSth CEN Reg Director
Tracey Morant AdamsSth Ea Reg Director
Charletta Wilson Jacks1st Vice Pres
Alysse Elaine Guerrier2nd Vice Pres
Carolyn G RandolphGrammateus
Carrie J ClarkInt Reg Direct
Martha L Perine BeardParliamentarian
Karla a HallTamiouchos
Imani Marie ButtsUndergrad Mem
Makayla BrownUndergrad Mem

Highest Paid Contractors

ContractorServicesLocationCompensation
Amaren Chauffeured TransportationTransportation8300 WHITE HORSE DRIVE, Waxhaw, NC 28173$2,649,449
Fourteen Karat Plus INCEntertainment Design10272 ANTLERS RIDGE, Eden Prairie, MN 55347$2,491,240
Texas EntertainmentEntertainment1135 BOTHAM JEAN BLVD, Dallas, TX 75215$1,368,054
Kreative IvyEntertainmentPO BOX 95067, Oklahoma City, OK 73195$641,980
Centerplate Hospitality VentureHospitality1 INDEPENDENCE POINT, Greenville, SC 29615-
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$59,668,282
Investment Income
$0
Other Revenue
$1,212,070
Change in Net Assets
$-2,892,550

Audited Revenue Reconciliation

Revenue per Audited Statements
$60,880,352
Total Revenue per Audited Statements
$60,880,352
Total Revenue per Form 990
$60,880,352
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$59,315,080
Salaries, Compensation, and Employee Benefits$4,457,822
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$26,202,695$1,397,430-$27,600,125
All Other Expenses$2,767,805$4,965,189-$7,732,994
Other Salaries and Wages$153,533$4,304,289-$4,457,822
Other Expenses$18,070$2,712,840-$2,730,910
Fees for Services Other$551,957$2,145,633-$2,697,590
Insurance$39,884$1,887,698-$1,927,582
Information Technology$226,441$1,533,158-$1,759,599
Depreciation Depletion$355,880$406,363-$762,243
Fees for Service Investment Mgmnt Fees$14,435$33,783-$48,218
Interest-$6,396-$6,396
Total Functional Expenses$43,182,949$20,589,953$0$63,772,902

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$63,772,902
Total Expenses per Audited Statements$63,772,902
Total Expenses per Form 990$63,772,902
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Estimate Income Tax$175,000
Copier machine fin lease current$104,614
Postage machine fin lease current$14,423
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Review will be conducted by the Board of Directors and management.”

Form 990, Part VI, Section B, Line 12C

“Conflict of interest is monitored regularly by management”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Alpha Kappa Alpha Sorority Inc
EIN
36-2152330
Phone
7733714432
Address
5656 SOUTH STONY ISLAND AVE, CHICAGO, IL 60637

Signing Officer

Name
Lorri Newson
Title
CFO
Signed
2025-07-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Danette Anthony Reed
Formed
1908
Legal Domicile
Il
Voting Board Members
18
Independent Board Members
0
Employees
37
Volunteers
110,856

Preparer

Firm
Ragland Arnold Buchanan Morris & Associ
Address
9401 South Pulaski Road Ste 201, Evergreen Park, IL 60805
Preparer
Gregory Arnold
Phone
7083330634
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“BANK CHARGES: Column (A) - Total = $1449349; Column (B) - Program Services = $1159555; Column (C) - Management & General = $289794; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“BOULE EXPENSES: Column (A) - Total = $28440; Column (B) - Program Services = $28440; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“BUILDING MAINTENANCE: Column (A) - Total = $122303; Column (B) - Program Services = $121605; Column (C) - Management & General = $698; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“COMMITTEES EXPENSES: Column (A) - Total = $990663; Column (B) - Program Services = $128758; Column (C) - Management & General = $861905; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“DIRECTORATE OFFICERS EXPENSE: Column (A) - Total = $495592; Column (B) - Program Services = $57942; Column (C) - Management & General = $437650; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“DONATIONS AND CONTRIBUTIONS: Column (A) - Total = $345989; Column (B) - Program Services = $208090; Column (C) - Management & General = $137899; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“LEADERSHIP EXPENSE: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“LEADERSHIP FELLOWS: Column (A) - Total = $352508; Column (B) - Program Services = $5663; Column (C) - Management & General = $346845; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“Postage and Shipping: Column (A) - Total = $677770; Column (B) - Program Services = $116652; Column (C) - Management & General = $561118; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“Printing and Publications: Column (A) - Total = $892341; Column (B) - Program Services = $579248; Column (C) - Management & General = $313093; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“PROFESSIONAL DEVELOPMENT: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“PROFESSIONAL FEES: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“PROGRAM/PROJECT NAT'L: Column (A) - Total = $1657041; Column (B) - Program Services = $22553; Column (C) - Management & General = $1634488; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“PUBLIC POLICY: Column (A) - Total = $184203; Column (B) - Program Services = $10529; Column (C) - Management & General = $173674; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“REAL ESTATE TAXES: Column (A) - Total = $112340; Column (B) - Program Services = $112340; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“SUPPLIES: Column (A) - Total = $296633; Column (B) - Program Services = $162975; Column (C) - Management & General = $133658; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“TELEPHONE: Column (A) - Total = $76892; Column (B) - Program Services = $2525; Column (C) - Management & General = $74367; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“UTILITIES: Column (A) - Total = $50930; Column (B) - Program Services = $50930; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part XI, Line 9

“Cost of goods sold adj = $3165207”

Form 990, Part XII, Line 2B-Financial Statements and Reporting

“We did audit the financial statements of AKAs Educational Advancement Foundation (AKA-EAF), a local affiliate which statements reflect total assets of $27,452,066 as of December 31, 2023 and total support and revenue of $7,591,736 for the year then ended.”

Financial Statement Notes

Part X : FIN48 Footnote

“The sorority is organized as a 501 (c)(7) organization under the internal revenue service code which provides for tax exemption on member related income which includes dues, assessments, and fees for members. However income from certain activities not directly related to the organization's tax exempt purpose is subject to taxation as unrelated business income.management believes that all of the positions taken by the organization in its federal and state income tax returns are more likely than not to be sustained upon examination. The organization files returns in the u.s. Federal jurisdiction and the state of illinois.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0DEPUTY DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt2DRTR OF MEMBERSHIP
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR OF IT
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director of IT
IRS990/Form990PartVIISectionAGrp/TitleTxt5N. ATL. REG DIR
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IRS990/MissionDesc0Our purpose is to cultivate high scholastic and ethical standards, through outreach programs in education, health, leadership development, community service and other areas that improve the social stature of women and girls, and be of service to all mankind.UNDER CODE SECTION 501(C)7 AKA IS A SOCIAL CLUB ORGANIZED FOR PLEASURE, RECREATION AND NON-PROFIT PURPOSES WHICH INCLUDE RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL SUPPORT. THESE CHARITABLE FUNCTIONS ARE SUPPORTED WITH FUNDS SET ASIDE FOR THESE PURPOSES IN COMPLIANCE WITH THE CODE SECTION.
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IRS990/OtherExpensesGrp/Desc1EQUIPMENT RENTAL AND MAINT.
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