Kappa Alpha Psi Fraternity Inc Charlotte Alumni Chapter
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 67,505 | 48,738 | 18,767 | 8.1 | — |
| 2018 | 91,253 | 74,819 | 16,434 | 7.1 | — |
| 2019 | 69,601 | 66,662 | 2,939 | 8.5 | — |
| 2020 | 99,635 | 76,790 | 22,845 | 10.9 | — |
| 2021 | 51,958 | 52,125 | −167 | 16.6 | — |
| 2022 | 105,467 | 117,963 | −12,496 | 6.1 | — |
| 2023 | 152,544 | 111,768 | 40,776 | 10.8 | — |
In its most recent public year (2023), this organization brought in $40,776 more than it spent. Its reserves stood at about 10.8 months of spending, up from 8.1 in 2013.
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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