Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
Kappa Sigma Fraternity Alpha-Kappa Chapter
990EZ • Fiscal year 2021 • EIN 54-1816310
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.24x
Liabilities / Revenue
80th percentile
Higher debt load relative to revenue than 80% of similar nonprofits.
Net Margin
64th percentile
Higher net margin than 64% of similar nonprofits.
Top Officer Pay
93rd percentile
Higher top officer pay than 93% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
83rd percentile
Faster asset growth than 83% of similar nonprofits.
Revenue Growth
29th percentile
Faster revenue growth than 29% of similar nonprofits.
Balance Sheet
Assets
Up$141,241
Up $33,313 (+31%) from 2020
Net Assets
Up$106,689
Up $21,047 (+25%) from 2020
Liabilities
Up$34,552
Up $12,266 (+55%) from 2020
Revenue And Expenses
Revenue
Down$157,515
Down $30,705 (-16%) from 2020
Expenses
Down$136,468
Down $36,542 (-21%) from 2020
Net Income
Up$21,047
Up $5,837 (+38%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jun 1, 2020 to May 31, 2021
- Signed
- Sep 29, 2021
- Return Version
- 2020v4.1
- Gross Receipts
- $157,515
Mission and Program Overview
Mission
To provide room, board and fellowship to members of the college fraternity.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| TO PROVIDE ROOM, BOARD AND FELLOWSHIP TO MEMBERS OF THE COLLEGE FRATERNITY. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| NATE MAYOR | President | - | $0 | - | - |
| GABE COHEN | Vice President | - | $0 | - | - |
| DANIEL GOLDBERG | Treasurer | - | $0 | - | - |
| MATTHEW SMITH | Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Kapppa Sigma Fraternity
- EIN
- 54-1816310
- Phone
- 6072725550
- Address
- CO SCIARABBA WALKER 410 E UPLAND, ITHACA, NY 14850
Signing Officer
- Name
- Daniel Goldberg
- Title
- Treasurer
- Phone
- 6072725550
- Signed
- 2021-09-29
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Sciarabba Walker & Co Llp
- Address
- 410 EAST UPLAND ROAD, ITHACA, NY 14850
- Preparer
- Carolyn Austin
- Phone
- 6072725550
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: kitchen. Amount: 9,984. Description: supplies. Amount: 3,830. Description: social. Amount: 9,146. Description: chapter. Amount: 9,106. Description: alumni/parent relations. Amount: 200. Description: dues. Amount: 3,718. Description: bursar fee. Amount: 1,110. Description: liability insurance. Amount: 6,080. Description: initiation. Amount: 3,150. Description: cost of food. Amount: 45,537. Description: bank fees. Amount: 50. Description: natl new membership fees. Amount: 945. Description: conventon. Amount: 1,350. Description: brotherhood development. Amount: 4,367. Description: prior year adjustment. Amount: 100. Description: covid-19 assessment. Amount: 958. Description: website. Amount: 83. Description: bad debt expense. Amount: 801. Total to form 990-ez, line 16: 100,515.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: due from bursar. Beg. Of year amount: 22,684. End of year amount: 621. Description: accounts receivable-inactive. Beg. Of year amount: 801. End of year amount: 405. Description: prepaids. Beg. Of year amount: 50. End of year amount: 93. Description: due from ttc. Beg. Of year amount: 0. End of year amount: 172.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: accounts payable. Beg. Of year amount: 2. End of year amount: 9,877. Description: suta liability. Beg. Of year amount: 68. End of year amount: 306. Description: futa liability. Beg. Of year amount: 42. End of year amount: 42. Description: federal 941 liability. Beg. Of year amount: 1,022. End of year amount: 956. Description: nys tax withheld. Beg. Of year amount: 332. End of year amount: 346. Description: dbl withheld. Beg. Of year amount: 11. End of year amount: 45. Description: activity fee. Beg. Of year amount: 10,659. End of year amount: 12,730. Description: security deposit. Beg. Of year amount: 10,150. End of year amount: 10,250. Description: due from ttc. Beg. Of year amount: 0. End of year amount: 0.”
Raw XML Appendix122 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | SCIARABBA WALKER & CO |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6072725550 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 410 E UPLAND ROAD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | ITHACA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 14850 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 84393 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 139950 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 21047 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 107928 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 141241 |
| IRS990EZ/GrossReceiptsAmt | 0 | 157515 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/GroupExemptionNum | 0 | 0262 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 3150 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 85642 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 106689 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 85642 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 106689 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | NATE MAYOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | GABE COHEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DANIEL GOLDBERG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | MATTHEW SMITH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 23535 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 1291 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 100515 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROVIDE ROOM, BOARD AND FELLOWSHIP TO MEMBERS OF THE COLLEGE FRATERNITY. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 157515 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TO PROVIDE ROOM, BOARD AND FELLOWSHIP TO MEMBERS OF THE COLLEGE FRATERNITY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 35953 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 22286 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 34552 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 136468 |
| IRS990EZ/TotalRevenueAmt | 0 | 157515 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.CORNELLKAPPASIG.COM |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: KITCHEN. AMOUNT: 9,984. DESCRIPTION: SUPPLIES. AMOUNT: 3,830. DESCRIPTION: SOCIAL. AMOUNT: 9,146. DESCRIPTION: CHAPTER. AMOUNT: 9,106. DESCRIPTION: ALUMNI/PARENT RELATIONS. AMOUNT: 200. DESCRIPTION: DUES. AMOUNT: 3,718. DESCRIPTION: BURSAR FEE. AMOUNT: 1,110. DESCRIPTION: LIABILITY INSURANCE. AMOUNT: 6,080. DESCRIPTION: INITIATION. AMOUNT: 3,150. DESCRIPTION: COST OF FOOD. AMOUNT: 45,537. DESCRIPTION: BANK FEES. AMOUNT: 50. DESCRIPTION: NATL NEW MEMBERSHIP FEES. AMOUNT: 945. DESCRIPTION: CONVENTON. AMOUNT: 1,350. DESCRIPTION: BROTHERHOOD DEVELOPMENT. AMOUNT: 4,367. DESCRIPTION: PRIOR YEAR ADJUSTMENT. AMOUNT: 100. DESCRIPTION: COVID-19 ASSESSMENT. AMOUNT: 958. DESCRIPTION: WEBSITE. AMOUNT: 83. DESCRIPTION: BAD DEBT EXPENSE. AMOUNT: 801. TOTAL TO FORM 990-EZ, LINE 16: 100,515. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: DUE FROM BURSAR. BEG. OF YEAR AMOUNT: 22,684. END OF YEAR AMOUNT: 621. DESCRIPTION: ACCOUNTS RECEIVABLE-INACTIVE. BEG. OF YEAR AMOUNT: 801. END OF YEAR AMOUNT: 405. DESCRIPTION: PREPAIDS. BEG. OF YEAR AMOUNT: 50. END OF YEAR AMOUNT: 93. DESCRIPTION: DUE FROM TTC. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 172. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 2. END OF YEAR AMOUNT: 9,877. DESCRIPTION: SUTA LIABILITY. BEG. OF YEAR AMOUNT: 68. END OF YEAR AMOUNT: 306. DESCRIPTION: FUTA LIABILITY. BEG. OF YEAR AMOUNT: 42. END OF YEAR AMOUNT: 42. DESCRIPTION: FEDERAL 941 LIABILITY. BEG. OF YEAR AMOUNT: 1,022. END OF YEAR AMOUNT: 956. DESCRIPTION: NYS TAX WITHHELD. BEG. OF YEAR AMOUNT: 332. END OF YEAR AMOUNT: 346. DESCRIPTION: DBL WITHHELD. BEG. OF YEAR AMOUNT: 11. END OF YEAR AMOUNT: 45. DESCRIPTION: ACTIVITY FEE. BEG. OF YEAR AMOUNT: 10,659. END OF YEAR AMOUNT: 12,730. DESCRIPTION: SECURITY DEPOSIT. BEG. OF YEAR AMOUNT: 10,150. END OF YEAR AMOUNT: 10,250. DESCRIPTION: DUE FROM TTC. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 0. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DANIEL GOLDBERG |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6072725550 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-09-29 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | KAPPPA SIGMA FRATERNITY |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | ALPHA KAPPA CHAPTER |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | KAPP |
| ReturnHeader/Filer/EIN | 0 | 541816310 |
| ReturnHeader/Filer/PhoneNum | 0 | 6072725550 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | CO SCIARABBA WALKER 410 E UPLAND |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ITHACA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 14850 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 161071694 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SCIARABBA WALKER & CO LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 410 EAST UPLAND ROAD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ITHACA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 14850 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6072725550 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | CAROLYN AUSTIN |
| ReturnHeader/ReturnTs | 0 | 2021-09-29T10:04:23-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | DANIEL |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | GOLDBERG |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-06-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-05-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $141,241
- Liabilities
- $34,552
- Net assets
- $106,689
- Revenue
- $157,515
- Expenses
- $136,468
- Net income
- $21,047