Kappa Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 366,768 | 342,350 | 24,418 | 136.3 | 0% |
| 2022 | 431,691 | 279,867 | 151,824 | 170.2 | 0% |
| 2023 | 418,351 | 343,462 | 74,889 | 141.5 | 0% |
| 2024 | 522,182 | 315,558 | 206,624 | 162.7 | 0% |
In its most recent public year (2024), this organization brought in $206,624 more than it spent. Its reserves stood at about 162.7 months of spending, up from 136.3 in 2021. Staff pay was 0% of spending. $297,469 of its net assets are donor-restricted.
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 2024. 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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