Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
Cary Alumni Chapter of Kappa Alpha Psi Fraternity
EIN 56-1711883 • 501(c)7 • Cary, NC
Revoked990-N CoverageNTEE B83
Profile
The purpose of Cary NC Alumni Chapter is to foster the intellectual ethical social and moral development of young people in North Carolina with special emphasis on disadvantaged African American young men in Western Wake County NC and the Research Triangle Park RTP area. This purpose leads us to these core focuses: Guide Right Programs Scholarships & Youth Mentorship and Cary Kappas Care Programs Health & Wellness Food Drives etc..
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.21x
Liabilities / Revenue
90th percentile
Higher debt load relative to revenue than 90% of similar nonprofits.
Net Margin
59th percentile
Higher net margin than 59% of similar nonprofits.
Top Officer Pay
99th percentile
Higher top officer pay than 99% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$55,581
No earlier filing loaded for comparison.
Liabilities
$11,698
No earlier filing loaded for comparison.
Net Assets
$43,883
No earlier filing loaded for comparison.
Revenue
$51,019
No earlier filing loaded for comparison.
Expenses
$44,195
No earlier filing loaded for comparison.
Net Income
$6,824
No earlier filing loaded for comparison.
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $55,581
- Liabilities
- $11,698
- Net assets
- $43,883
- Revenue
- $51,019
- Expenses
- $44,195
- Net income
- $6,824
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Oct 1, 2023 to Sep 30, 2024
- Signed
- Feb 10, 2025
- Return Version
- 2023v6.0
- Gross Receipts
- $51,019
Mission and Program Overview
Mission
The purpose of Cary NC Alumni Chapter is to foster the intellectual ethical social and moral development of young people in North Carolina with special emphasis on disadvantaged African American young men in Western Wake County NC and the Research Triangle Park RTP area. This purpose leads us to these core focuses: Guide Right Programs Scholarships & Youth Mentorship and Cary Kappas Care Programs Health & Wellness Food Drives etc..
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Shop with a Kappa. The brothers of the fraternity sponsored a shopping spree for underprivileged children in conjunction with the Kappa Foundation. We provided $125 each for 89 children to shop for Christmas. The brothers of the fraternity each walked with a child and their families to shop. During this time we stress the importance of generosity and showing concern and compassion for others. We insure the each child while shopping for themselves also consider getting gifts for others in their family or extended family. | $0 | $5,000 |
| Guide Right and Kappa League. Assisted the Kappa Foundation with leadership and guidance for the program. Approximately 25 young men participated in various workshops field trips and other learning experiences. We provide educational workshops in the areas of Finance Health & Wellness STEM College Application Process amongst other things. | $0 | $3,600 |
| Volunteer services. The brothers volunteered for Adopt a Hwy where we provide clean up services for two separate stretches of roads in Cary NC. We also volunteer at Cary Elementary every Friday for the Reading Program during the school year. We participate in the annual Thanksgiving Food Giveaway at White Oak Baptist Church. The greater Cary area residents benefit from all of these services. | $0 | $250 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Devin Brown | Polemarch | PT | $0 | - | - |
| Cameron Shaw | Keeper Of Records | PT | $0 | - | - |
| Daryl Greer | Keeper Of Exchequer | PT | $0 | - | - |
| Barnabas Jay | Asst Keeper Of Exchequer | - | $0 | - | - |
| Russell Sykes | Strategus | - | $0 | - | - |
| Randall Cooks | Lieutenant Strategus | - | $0 | - | - |
| Erroll Reese | Board Member | - | $0 | - | - |
| Anthony Humphrey | Board Member | - | $0 | - | - |
| Anthony Nottingham | Board Member | - | $0 | - | - |
| Will Vines | Board Member | - | $0 | - | - |
| Daniel McKelvey Jr | Vice-Polemarch | PT | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Crimson & Creme | $13,681 | $13,681 | $0 | $13,681 |
| Total Events | $13,681 | $13,681 | $0 | $13,681 |
Filing and Contact Details
Filer
- Filer Name
- Cary Alumni Chapter of Kappa Alpha Psi Fraternity
- EIN
- 56-1711883
- In Care Of
- % Devin Brown
- Address
- PO Box 357, Cary, NC 27512
Signing Officer
- Name
- Daryl Greer
- Title
- Keeper of Exchequer
- Signed
- 2025-02-10
- Discuss with paid preparer
- No
Supplemental Narrative
Additional Explanations
Part I, line 8
“| Other Revenues:, Amount:| MTA, $7280|”
Part I, line 16
“| Other Expenses:, Amount:| Committee Expenses, $15179.00| Chapter Meeting Expenses, $13893.00| IT Expenses, $692.00| IHQ Insurance, $2950.00| Miscellaneous Operating Expenses, $4001.00| Kappa League, $2639.00| Middle Eastern Province, $3641.00| MTA Expenses, $1200.00|”
Part II, line 24
“| Asset Name:, BOY Amount:, EOY Amount:| Accounts Receivable, $96, 0| Prepaid Expenses, $5173, $5056|”
Part II, line 26
“| Liabilities Name:, BOY Amount:, EOY Amount:| Dues in Advance, $11209, $9858| Reserve for House, 0, $115| Accounts Payable, $225, $1725|”
Raw XML Appendix184 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.
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| IRS990EZ/PrimaryExemptPurposeTxt | 0 | The purpose of Cary NC Alumni Chapter is to foster the intellectual ethical social and moral development of young people in North Carolina with special emphasis on disadvantaged African American young men in Western Wake County NC and the Research Triangle Park RTP area. This purpose leads us to these core focuses: Guide Right Programs Scholarships & Youth Mentorship and Cary Kappas Care Programs Health & Wellness Food Drives etc.. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Shop with a Kappa. The brothers of the fraternity sponsored a shopping spree for underprivileged children in conjunction with the Kappa Foundation. We provided $125 each for 89 children to shop for Christmas. The brothers of the fraternity each walked with a child and their families to shop. During this time we stress the importance of generosity and showing concern and compassion for others. We insure the each child while shopping for themselves also consider getting gifts for others in their family or extended family. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | Guide Right and Kappa League. Assisted the Kappa Foundation with leadership and guidance for the program. Approximately 25 young men participated in various workshops field trips and other learning experiences. We provide educational workshops in the areas of Finance Health & Wellness STEM College Application Process amongst other things. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | Volunteer services. The brothers volunteered for Adopt a Hwy where we provide clean up services for two separate stretches of roads in Cary NC. We also volunteer at Cary Elementary every Friday for the Reading Program during the school year. We participate in the annual Thanksgiving Food Giveaway at White Oak Baptist Church. The greater Cary area residents benefit from all of these services. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | | Other Revenues:, Amount:| MTA, $7280| |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | | Other Expenses:, Amount:| Committee Expenses, $15179.00| Chapter Meeting Expenses, $13893.00| IT Expenses, $692.00| IHQ Insurance, $2950.00| Miscellaneous Operating Expenses, $4001.00| Kappa League, $2639.00| Middle Eastern Province, $3641.00| MTA Expenses, $1200.00| |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | | Asset Name:, BOY Amount:, EOY Amount:| Accounts Receivable, $96, 0| Prepaid Expenses, $5173, $5056| |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | | Liabilities Name:, BOY Amount:, EOY Amount:| Dues in Advance, $11209, $9858| Reserve for House, 0, $115| Accounts Payable, $225, $1725| |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part I, line 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part I, line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Part II, line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Part II, line 26 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Daryl Greer |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Keeper of Exchequer |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-02-10 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | CARY ALUMNI CHAPTER OF KAPPA ALPHA PSI FRATERNITY |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CARY |
| ReturnHeader/Filer/EIN | 0 | 561711883 |
| ReturnHeader/Filer/ForeignPhoneNum | 0 | 9198272908 |
| ReturnHeader/Filer/InCareOfNm | 0 | % Devin Brown |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO Box 357 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Cary |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 27512 |
| ReturnHeader/ReturnTs | 0 | 2025-02-10T08:33:12-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-10-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-09-30 |
| ReturnHeader/TaxYr | 0 | 2023 |
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