Silver Spring Alumni Chapter-Kappa Alpha Psi Fraternity Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 23,270 | 24,916 | −1,646 | 14.3 | — |
| 2020 | 52,272 | 42,526 | 9,746 | 12.2 | — |
| 2022 | 70,373 | 52,010 | 18,363 | 14.0 | — |
| 2023 | 185,387 | 104,585 | 80,802 | 16.2 | — |
In its most recent public year (2023), this organization brought in $80,802 more than it spent. Its reserves stood at about 16.2 months of spending, up from 14.3 in 2017.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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