Civic Intelligence

Kappa Alpha Theta Co

EIN 95-6102250 • 501(c)7 • Indianapolis, IN

Indianapolis, IN
Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2018

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)7 • <$500k nonprofits • Source year 2018

Net Margin

6th percentile

-63%

Higher net margin than 6% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2018

Top Officer Pay

100th percentile

$234,536

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 110.8% of source-year revenue.

501(c)7 • <$500k nonprofits • Source year 2018

Asset Growth

5th percentile

-100%

Faster asset growth than 5% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

76th percentile

18%

Faster revenue growth than 76% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$0

Down $1,168,763 (-100%) from 2017

Liabilities

Down

$0

Down $263,611 (-100%) from 2017

Net Assets

Down

$0

Down $905,152 (-100%) from 2017

Revenue

Up

$211,586

Up $32,889 (+18%) from 2017

Expenses

Up

$345,719

Up $200,807 (+139%) from 2017

Net Income

Down

-$134,133

Down $167,918 (-497%) from 2017

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $822,563Liabilities 2011: $153,334Net Assets 2011: $669,2292011Assets 2012: $788,819Liabilities 2012: $134,087Net Assets 2012: $654,7322012Assets 2013: $863,605Liabilities 2013: $114,074Net Assets 2013: $749,5312013Assets 2014: $901,435Liabilities 2014: $92,179Net Assets 2014: $809,2562014Assets 2015: $929,595Liabilities 2015: $64,968Net Assets 2015: $864,6272015Assets 2016: $908,152Liabilities 2016: $36,785Net Assets 2016: $871,3672016Assets 2017: $1,168,763Liabilities 2017: $263,611Net Assets 2017: $905,1522017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2018

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $44,011Expenses 2011: $22,513Net Income 2011: $21,4982011Revenue 2012: $15,605Expenses 2012: $30,102Net Income 2012: -$14,4972012Revenue 2013: $117,296Expenses 2013: $22,497Net Income 2013: $94,7992013Revenue 2014: -$8,048Expenses 2014: $20,893Net Income 2014: -$28,9412014Revenue 2015: $258,599Expenses 2015: $203,228Net Income 2015: $55,3712015Revenue 2016: $168,905Expenses 2016: $136,766Net Income 2016: $32,1392016Revenue 2017: $178,697Expenses 2017: $144,912Net Income 2017: $33,7852017Revenue 2018: $211,586Expenses 2018: $345,719Net Income 2018: -$134,1332018

Highlighted filing

2018

Revenue$211,586
Expenses$345,719
Net Income-$134,133

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jan 21, 2019
Return Version
2017v2.3
Gross Receipts
$211,586
Mission and Program Overview

Mission

TO PROVIDE HOUSING

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$876,565$0▼ $876,565
Cash and Non-Interest-Bearing Accounts$55,820$0▼ $55,820
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$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 Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,168,763$0▼ $1,168,763
Other Assets Total$236,378$0▼ $236,378
Liabilities
Mortgage Notes Payable Secured by Investment Property$221,000--
Accounts Payable and Accrued Expenses$35,510--
Other Liabilities$7,101$0▼ $7,101
Total Liabilities$263,611$0▼ $263,611
Net Assets / Fund Balance
Unrestricted Net Assets$905,152$0▼ $905,152
Total Net Assets Fund Balance$905,152$0▼ $905,152
Total Liabilities and Net Assets / Fund Balance$1,168,763$0▼ $1,168,763
Compensation and Service Providers

Employees

NameTitleOtherTotal
Jeffrey RisserChief Financial Officer$149,309$149,309
Teresa SmithFhc Executive Director$77,406$77,406

Board Members and Trustees

NameTitle
Mary Jane BeachPresident
Leah HartmanVice President
Elizabeth CorridanVice President/secretary
Catherine Kellie DickersonVice President/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$182,501
Investment Income
$15
Other Revenue
$29,070
Change in Net Assets
$-134,133
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$345,719
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$169,189
Depreciation Depletion---$122,292
Fees for Services Legal---$35,448
Insurance---$10,541
Travel---$3,928
Fees for Services Accounting---$1,485
Office Expenses---$972
Fees for Services Other---$97
Fees for Service Investment Mgmnt Fees---$35
Other Expenses---$10
Total Functional Expenses$0$0$0$345,719
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The beta xi chapter members of the kappa alpha theta fraternity pay a facility fee to the organization. Upon payment they become members of the organization. Members are allowed to attend the organization's board meetings.

Form 990, Part VI, Section A, Line 7A

Active members of the corporation shall be entitled to notice of and right to attend meetings of the membership, but have no vote on corporate actions. The sole voting member of the corporation, kappa alpha theta fraternity housing corporation, retains the power to appoint members of the governing body.

Form 990, Part VI, Section A, Line 7B

Governance decisions are subject to the approval of the sole voting member, kappa alpha theta fraternity housing corporation.

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

The form 990 is reviewed by the organization's board of directors prior to being filed.

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

The organization requires that upon election, each officer and director is responsible for reviewing the conflict of interest policy. If any conflicts arise, the situation is resolved promptly.

Form 990, Part VI, Section C, Line 19

The organization makes its tax returns available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Kappa Alpha Theta Company
EIN
95-6102250
Phone
3178761870
Address
8740 FOUNDERS ROAD, INDIANAPOLIS, IN 46268

Signing Officer

Name
Elizabeth Corridan
Title
Vice President/secretary
Phone
3178761870
Signed
2019-01-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Jane Beach
Formed
1925
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
3

Preparer

Firm
Mcm Cpas & Advisors Llp
Address
6840 EAGLE HIGHLANDS WAY, INDIANAPOLIS, IN 46254
Preparer
Rebekah Payne CPA
Phone
3173475200
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Net assets transferred upon dissolution -771,019.

FORM 990, PART XII, LINE 2C:

The board of directors, of kappa allpha theta fraternity, assumes responsibility for the audit process as well as the selection of an independent accountant.

Financial Statement Notes

PART X, LINE 2:

The organization has evaluated tax positions taken in the tax returns filed and has determined that there are no uncertain tax positions as defined by generally accepted accounting standards.

Raw XML AppendixShowing 400 of 431 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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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0261430902
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt0771019
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)(7)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0NET BOOK VALUE OF ASSETS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt08740 FOUNDERS ROAD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0INDIANAPOLIS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0IN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd046268
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0PERSON(S) INVOLVED: ELIZABETH CORRIDANJEFFREY RISSER
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt1PERSON(S) INVOLVED: TERESA SMITH
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt2EXPLANATION OF INVOLVEMENT: THE SECRETARY OF THE ORGANIZATION IS ALSO THE SECRETARY OF THE TRANSFEREE ORGANIZATION.THE CHIEF FINANCIAL OFFICER OF THE ORGANIZATION IS ALSO THE CHIEF FINANCIAL OFFICER OF THE TRANSFEREE ORGANIZATION.
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt3EXPLANATION OF INVOLVEMENT: THE EXECUTIVE DIRECTOR OF THE ORGANIZATION IS ALSO THE EXECUTIVE DIRECTOR OF THE TRANSFEREE ORGANIZATION.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2E:
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 2E:
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc2PART I, LINE 2E:
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc3PART I, LINE 2E:
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BETA XI CHAPTER MEMBERS OF THE KAPPA ALPHA THETA FRATERNITY PAY A FACILITY FEE TO THE ORGANIZATION. UPON PAYMENT THEY BECOME MEMBERS OF THE ORGANIZATION. MEMBERS ARE ALLOWED TO ATTEND THE ORGANIZATION'S BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVE MEMBERS OF THE CORPORATION SHALL BE ENTITLED TO NOTICE OF AND RIGHT TO ATTEND MEETINGS OF THE MEMBERSHIP, BUT HAVE NO VOTE ON CORPORATE ACTIONS. THE SOLE VOTING MEMBER OF THE CORPORATION, KAPPA ALPHA THETA FRATERNITY HOUSING CORPORATION, RETAINS THE POWER TO APPOINT MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNANCE DECISIONS ARE SUBJECT TO THE APPROVAL OF THE SOLE VOTING MEMBER, KAPPA ALPHA THETA FRATERNITY HOUSING CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S BOARD OF DIRECTORS PRIOR TO BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION REQUIRES THAT UPON ELECTION, EACH OFFICER AND DIRECTOR IS RESPONSIBLE FOR REVIEWING THE CONFLICT OF INTEREST POLICY. IF ANY CONFLICTS ARISE, THE SITUATION IS RESOLVED PROMPTLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS TAX RETURNS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NET ASSETS TRANSFERRED UPON DISSOLUTION -771,019.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE BOARD OF DIRECTORS, OF KAPPA ALLPHA THETA FRATERNITY, ASSUMES RESPONSIBILITY FOR THE AUDIT PROCESS AS WELL AS THE SELECTION OF AN INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0KAPPA ALPHA THETA FRATERNITY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1KAPPA ALPHA THETA FRATERNITY HOUSING CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0361305568
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1261430902
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(7)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(7)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO PROMOTE FRATERNAL SISTERHOOD THROUGH EDUCATION AND SOCIAL ACTIVITIES.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1TO HOLD TITLE TO OR TO RENT PROPERTY FOR KAPPA ALPHA THETA MEMBERS.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt08740 FOUNDERS ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt18740 FOUNDERS ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0INDIANAPOLIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1INDIANAPOLIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd046268
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd146268
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0771019
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0NET BOOK VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0KAPPA ALPHA THETA FRATERNITY HOUSING CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0R
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd01
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd01
IRS990/TotalAssetsBOYAmt01168763
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt01168763
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0345719
IRS990/TotalGrossUBIAmt015
IRS990/TotalLiabilitiesBOYAmt0263611
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0263611
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0905152
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt067900
IRS990/TotalProgramServiceRevenueAmt0182501
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0211571
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0211586
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt015
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01168763
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt0393351
IRS990/TravelGrp/TotalAmt03928
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0905152
IRS990/UnrestrictedNetAssetsGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08740 FOUNDERS ROAD
IRS990/USAddress/CityNm0INDIANAPOLIS
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046268
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ELIZABETH CORRIDAN

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