Alpha Kappa Alpha Sorority Inc
501(c)(7)
68% goes to programs Strong reserves Growing revenue
Alpha Kappa Alpha Sorority Inc is a 501(c)(7) organization based in Chicago, Illinois, registered in 1952, with $60,880,352 in FY2024 revenue. CharityIndex grades it B, and it directs about 68% of spending to programs.
5656 S Stony Island Ave, Chicago, IL, 60637 EIN 36-2152330 Since 1952
Revenue (FY2024)
$60.9M
▲ 34.5% vs prior year
Expenses (FY2024)
$63.8M
Net assets
$53.1M
Employees
37
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
CProgram efficiency40% of the rating68% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Alpha Kappa Alpha Sorority Inc: 68% to programs earns a C on this criterion. See the exact thresholds →
B+Financial health25% of the rating10 mo reserves · -5% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Alpha Kappa Alpha Sorority Inc: 10 mo reserves · -5% margin earns a B+ on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Alpha Kappa Alpha Sorority Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Alpha Kappa Alpha Sorority Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Our purpose is to cultivate high scholastic and ethical standards, through outreach programs in education, health, leadership development, community service and other areas that improve the social stature of women and girls, and be of service to all mankind.under code section 501(c)7 aka is a social club organized for pleasure, recreation and non-profit purposes which include religious, charitable, scientific, literary and educational support. these charitable functions are supported with funds set aside for these purposes in compliance with the code section.
What they do
Regions fund- funds for regional directors activities to manage her/his office with certain allocation of corporate funds.
Corporate office improvement fund (coip)- the purpose is to generate income for construction and maintenance of the main headquarters.
Special fund- established to assist with unanticipated membership related legal issues.
Contact & location
Financial trends
Revenue grew from $22.9M (FY2020) to $60.9M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $23.6MNet assets $53.1M
Operating margin
-4.8%
Spent more than it raised in the latest fiscal year.
Total assets
$76.7M
Total liabilities
$23.6M
Net assets
$53.1M
Salaries & benefits
$4.5M
7% of expenses
Board members
18
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $60,880,352▲34.5% | $63,772,902▲35.0% | $53,054,842▲0.5% | $76,668,993▼2.6% | 990 |
| 2023 | $45,276,043▼12.1% | $47,246,171▼11.1% | $52,777,839▲4.0% | $78,704,412▲4.0% | 990 |
| 2022 | $51,536,928▲61.0% | $53,169,601▲102% | $50,766,655▲1.8% | $75,647,473▲8.9% | 990 |
| 2021 | $32,008,594▲40.0% | $26,368,008▲36.1% | $49,875,459▲30.5% | $69,493,289▲38.8% | 990 |
| 2020 | $22,865,578 | $19,373,473 | $38,221,400 | $50,053,085 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Nicole H Barrett — $176,552 (0.28% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Nicole H Barrett | Deputy Director | 40 | $176,552 |
| Barbara Brooks | Director of Hr | 40 | $142,744 |
| Patricia Watkins | Drtr of Membership | 40 | $136,075 |
| Darold Fletcher | Director of It | 40 | $123,466 |
| Giovanni Colon | Director of It | 40 | $122,207 |
| Alysse Elaine Guerrier | 2nd Vice Pres | 15 | — |
| Anika Starling | Midwest Reg Dir | 25 | — |
| Carolyn G Randolph | Grammateus | 25 | — |
| Carrie J Clark | Int Reg Direct | 35 | — |
| Charletta Wilson Jacks | 1st Vice Pres | 10 | — |
| Danette Anthony Reed | Intl President | 10 | — |
| Elicia Pegues Spearman | N. Atl. Reg Dir | 5 | — |
| Gwendolyn Kirtley | Gr Lake Reg Dir | 25 | — |
| Imani Marie Butts | Undergrad Mem | 15 | — |
| Joya T Hayes | Sth Cen Reg Dir | 25 | — |
| Karla A Hall | Tamiouchos | 15 | — |
| Kiahna W Davis | Cent Reg Dir | 25 | — |
| Makayla Brown | Undergrad Mem | 15 | — |
| Martha L Perine Beard | Parliamentarian | 25 | — |
| Nadine Vargas Stewart | Mid Atl Reg Dir | 15 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Amaren Chauffeured Transportation | Transportation | $2,649,449 |
| Fourteen Karat Plus Inc | Entertainment Design | $2,491,240 |
| Texas Entertainment | Entertainment | $1,368,054 |
| Kreative Ivy | Entertainment | $641,980 |
| Centerplate Hospitality Venture | Hospitality | — |
Grants received · $264K total
9 grants to Alpha Kappa Alpha Sorority Inc totaling $264K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| AARP | Sponsorship of event | 2024 | $50,000 |
| Hackensack Meridian Health Inc | Sponsorship | 2024 | $20,000 |
| AARP | Sponsorship of aka's leadership seminar | 2023 | $55,250 |
| AARP | Sponsorship of the boule and other programs | 2022 | $26,025 |
| AARP | Sponsorship of the virtual boule, leadership seminar, and conference | 2021 | $22,500 |
| AARP | Sponsorship of voter engagement virtual series and regional conference | 2020 | $15,000 |
| AARP | Sponsorship of the 2019 leadership seminar | 2019 | $25,000 |
| AARP | Sponsorship of the 2019 leadership seminar | 2019 | $25,000 |
| AARP | Sponsor of the alpha kappa alpha sorority 2015 leadership seminar | 2015 | $25,000 |
Frequently asked questions
- Is Alpha Kappa Alpha Sorority Inc a legitimate nonprofit?
- Yes. Alpha Kappa Alpha Sorority Inc is a 501(c)(7) organization registered with the U.S. Internal Revenue Service under EIN 36-2152330, based in Chicago, Illinois.
- What is Alpha Kappa Alpha Sorority Inc's EIN?
- Alpha Kappa Alpha Sorority Inc's Employer Identification Number (EIN) is 36-2152330.
- How much revenue does Alpha Kappa Alpha Sorority Inc report?
- Alpha Kappa Alpha Sorority Inc reported $60,880,352 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Alpha Kappa Alpha Sorority Inc's spending goes to programs?
- Alpha Kappa Alpha Sorority Inc spends about 68% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Alpha Kappa Alpha Sorority Inc have?
- CharityIndex grades Alpha Kappa Alpha Sorority Inc B, based on program efficiency and fundraising cost.
- How much does Alpha Kappa Alpha Sorority Inc's highest-paid employee make?
- The highest reported compensation on Alpha Kappa Alpha Sorority Inc's latest Form 990 is $176,552, paid to Nicole H Barrett (Deputy Director).
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Data for Alpha Kappa Alpha Sorority Inc (EIN 36-2152330) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.