Overview
What is Kappa Charge Of The Theta Delta Chi Fraternity?
Kappa Charge of Theta Delta Chi Fraternity is a nonprofit organization situated in Manchester, Massachusetts. Their primary focus is to support the educational advancement of the descendants of their fraternity members who maintain good standing. This support can take various forms, such as scholarships, seminars, educational guides, and learning tools. The organization's mission is to contribute positively to the undergraduate college education sector, thereby enriching the lives of its beneficiaries. The organization's address is listed as Co Colarusso, 4 Rockwood Heights Rd, Manchester, MA 01944.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 40%, Zero-Star out of Four Star rating.
Kappa Charge Of The Theta Delta Chi Fraternity has received a low rating from Charity Navigator, primarily due to its Accountability & Finance score of 40%. While the organization has strengths in its governance, including having a wholly independent board and no material diversion of assets, it lacks essential policies such as a whistleblower policy and document retention procedures, which adversely affect its accountability.
The organization demonstrates some financial stability with a liabilities to assets ratio of 0.00%; however, its program expense ratio of 34.06% raises concerns about how much of its funds are directed towards its programs versus administrative costs. The absence of a tax form on the nonprofit's website also indicates potential transparency issues, which may affect donor confidence.
Overall, while Kappa Charge Of The Theta Delta Chi Fraternity has established governance structures, significant gaps in operational policies and financial management practices limit its effectiveness and overall rating. Stakeholders should consider these factors when engaging with the organization or making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Kappa Charge Of The Theta Delta Chi Fraternity legitimate?
Kappa Charge Of The Theta Delta Chi Fraternity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kappa Charge Of The Theta Delta Chi Fraternity submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Kappa Charge Of The Theta Delta Chi Fraternity?
The Kappa Charge of Theta Delta Chi Fraternity's mission is centered around supporting the advancement of undergraduate college education. This support extends to various avenues such as providing scholarships, organizing seminars, creating educational guides, and distributing learning tools. Their mission is aimed at enhancing the educational experiences of students, thereby contributing to their overall development. The fraternity also offers scholarships specifically for the direct descendants of its members in good standing, further emphasizing its commitment to educational support.
Who is the CEO of Kappa Charge Of The Theta Delta Chi Fraternity?
Peter Colarusso is the President of Kappa Charge Of The Theta Delta Chi Fraternity.
What is the revenue of Kappa Charge Of The Theta Delta Chi Fraternity?
Kappa Charge Of The Theta Delta Chi Fraternity's revenue in 2022 was $22,539.
Who are the executives of Kappa Charge Of The Theta Delta Chi Fraternity and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Kappa Charge Of The Theta Delta Chi Fraternity?
Kappa Charge Of The Theta Delta Chi Fraternity's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kappa Charge Of The Theta Delta Chi Fraternity
Kappa Charge of Theta Delta Chi Fraternity is committed to promoting the advancement of undergraduate college education. This nonprofit organization accomplishes this mission by offering various forms of support, which may include scholarships, educational seminars, learning guides, and other educational tools. The primary goal is to empower undergraduate students by providing them with the resources they need to succeed academically.
Furthermore, Kappa Charge of Theta Delta Chi Fraternity extends its support to the direct descendants of its members in good standing. By offering scholarships to these individuals, the organization helps to ensure that the legacy of its members continues to benefit future generations of college students. The scholarships provided by Kappa Charge of Theta Delta Chi Fraternity serve as a testament to its dedication to supporting undergraduate education and fostering academic success.
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Impact
August, 2024
The impact of Kappa Charge of the Theta Delta Chi Fraternity is significant in supporting the advancement of undergraduate college education. Through providing scholarships, seminars, educational guides, and learning tools, this organization plays a crucial role in helping students pursue their academic goals. Specifically, by offering scholarships to direct descendants of members in good standing, Kappa Charge is able to directly contribute to the educational and personal development of individuals within its community. Overall, the mission of supporting undergraduate college education through various means demonstrates the commitment of Kappa Charge to making a positive impact in the educational realm.
This information is meant to be a general summary of Kappa Charge Of The Theta Delta Chi Fraternity. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $19,343
- Gross Receipts: $474,919
Assets and Liabilities:
- Total Assets: $2,013,875
- Total Liabilities: $0
- Net Assets: $2,013,875
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Organization Details
Founding Year
1883
Phone
(617) 596-3944Principal Officer
Peter Colarusso
Main Address
co Colarusso 4 Rockwood Heights Rd, Manchester, MA, 01944
NTEE Category
Code: B83 - Education
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