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Nonprofit · EIN 35-6016131

ALPHA KAPPA PSI FOUNDATION

Tax-exempt · NOBLESVILLE, IN 46062

Financials

$571K$636K2023$601K$1.1M2024
Revenue Expenses · by fiscal year end
Financials of ALPHA KAPPA PSI FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$601,227$1,085,814-$484,587$5,561,381$442,256$5,119,125
June 30, 2024990$571,197$635,820-$64,623$5,548,141$221,248$5,326,893
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$286,343
Program service revenue
$0
Investment income
$304,646
Net gain from sales of assets
$176,760
Other revenue
$10,238

Expenses

Grants and similar amounts paid
$731,040
Other salaries and wages
$198,638
Salaries, compensation and benefits (total)
$249,522
Professional fundraising fees
$0
Accounting fees
$22,590
Occupancy
$7,500
Program services (functional)
$813,020
Management and general (functional)
$133,359
Fundraising (functional)
$139,435

Balance sheet and other

Total assets, start of year
$5,548,141
Total assets, end of year
$5,561,381
Total liabilities, end of year
$442,256
Net assets, end of year
$5,119,125
Publicly traded securities
$5,043,712
Net assets without donor restrictions
$1,768,255
Net assets with donor restrictions
$3,350,870
Gross receipts
$3,076,905
Employees
0
Volunteers
75
Year formed
1951
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
ALISON JENNINGSCHAIRMAN
Trustee or director, Officer
3$0
DAN ROSELLIVICE CHAIR (8/16/24 - 6/30/25
Trustee or director, Officer
3$0
TIMOTHY DANIELSTREASURER/SECRETARY
Trustee or director, Officer
3$0
C STEVEN HARTMANCEO
Officer
20$0
990 for the year ended June 30, 2024: 7 people
NameTitleHours / weekCompensation
ALISON JENNINGSCHAIR
Trustee or director, Officer
3$0
DAN ROSELLIVICE CHAIR (8/16/23 - CURRENT)
Trustee or director, Officer
3$0
TIMOTHY DANIELSTREASURER/SECRETARY
Trustee or director, Officer
3$0
MAT JOHNSTONDIRECTOR (7/1/23 - 8/15/23)
Trustee or director
1$0
JACQUELINE GINARTEDIRECTOR (7/1/23 - 8/15/23)
Trustee or director
1$0
STEPHEN SMITHDIRECTOR (7/1/23 - 8/15/23)
Trustee or director
1$0
C STEVEN HARTMANCEO
Officer
20$0

Address and contacts

Address (IRS master file)
8001 E 196TH ST, NOBLESVILLE, IN 46062-9091
Mailing address (990-N for 2008)
7851 Stansbury Ave, Panorama City CA 91402
Principal officer (990 for 2024)
CARL STEVEN HARTMAN, 8001 E 196TH STREET, NOBLESVILLE, IN 46062
Principal officer (990-N for 2008)
Daniel Nguyen, 22704 Baltar Street, West Hills CA 91304
Signed the 990
CARL STEVEN HARTMAN, CEO
Phone
(317) 872-1553
Return prepared by
KSM BUSINESS SERVICES INC

Mission

TO PROVIDE RESOURCES FOR ENHANCING THE EDUCATIONAL EXPERIENCE OF FUTURE BUSINESS LEADERS.

990 for the year ended June 30, 2025

Program accomplishments

  • THE FOUNDATION DISTRIBUTES MORE THAN 80 GRANTS AND SCHOLARSHIPS TO UNDERGRAD AND GRAD STUDENTS. THE SCHOLARSHIPS ARE FOR ACADEMY (A LEADERSHIP DEVELOPMENT CONFERENCE), ACADEMIC TEAM (TOP SCHOLARS WHO MAKE POSITIVE CONTRIBUTIONS TO THEIR SCHOOL AND COMMUNITY), GENERAL SCHOLARSHIPS BASED ON SCHOLASTIC ACHIEVEMENT, RESTRICTED SCHOLARSHIPS (BASED ON AREA OF STUDY, CHAPTER OR OTHER DONOR STIPULATIONS).
    Expenses $222,936 · grants $140,956
  • ALPHA KAPPA PSI FOUNDATION MAKES GRANTS TO ALPHA KAPPA PSI PROFESSIONAL BUSINESS FRATERNITY TO FUND EDUCATIONAL, LEADERSHIP, AND PROFESSIONAL DEVELOPMENT PROGRAMMING FOR ALPHA KAPPA PSI STUDENT AND ALUMNI MEMBERS. THESE PROGRAMS FOCUS ON SKILL BUILDING, CAREER DEVELOPMENT, ETHICAL LEADERSHIP, AND ENTREPRENEURSHIP, PROVIDING MEMBERS WITH OPPORTUNITIES TO ENHANCE THEIR PROFESSIONAL COMPETENCIES AND NETWORK WITH INDUSTRY LEADERS. THE FOUNDATION SUPPORTS INITIATIVES SUCH AS LEADERSHIP CONFERENCES, SCHOLARSHIP PROGRAMS, AND MENTORSHIP OPPORTUNITIES THAT CONTRIBUTE TO THE GROWTH AND SUCCESS OF ALPHA KAPPA PSI MEMBERS
    Expenses $590,084 · grants $590,084

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
35-6016131
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1956
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B84Z)
Assets (IRS master file)
$5,561,381
Income (IRS master file)
$3,076,905

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$601,227$1,085,814$5,561,381IRS
990June 2024$571,197$635,820$5,548,141IRS
990June 2023$157,636$600,049$5,035,602IRS
990June 2022$1,539,433$453,290$4,970,263IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS
990-N for 2008
Officer: Daniel Nguyen
June 30, 2009≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-6016131).

Questions about ALPHA KAPPA PSI FOUNDATION

What is the EIN of ALPHA KAPPA PSI FOUNDATION?
The employer identification number (EIN) of ALPHA KAPPA PSI FOUNDATION is 35-6016131.
Is ALPHA KAPPA PSI FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1956.
Are donations to ALPHA KAPPA PSI FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ALPHA KAPPA PSI FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ALPHA KAPPA PSI FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ALPHA KAPPA PSI FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of ALPHA KAPPA PSI FOUNDATION?
The 990 for the year ended June 30, 2025 names CARL STEVEN HARTMAN.
Who are the officers and directors of ALPHA KAPPA PSI FOUNDATION?
The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does ALPHA KAPPA PSI FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $601,227, expenses of $1,085,814 and total assets of $5,561,381 at year end.

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