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Nonprofit · EIN 84-1097181

DENVER KAPPA ALPHA PSI SCHOLARSHIP FOUNDATION

Tax-exempt · DENVER, CO 80237

Financials

$185K$76K2022$409K$104K2023$375K$176K2024
Revenue Expenses · by fiscal year end
Financials of DENVER KAPPA ALPHA PSI SCHOLARSHIP FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$374,798$175,991$198,807$1,892,096$22,814$1,869,282
September 30, 2024990$408,579$103,818$304,761$1,657,290$17,214$1,640,076
September 30, 2023990$185,475$76,243$109,232$1,109,668$29,214$1,080,454
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$182,077
Program service revenue
$0
Investment income
$192,721
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$125,224
Management and general (functional)
$50,767

Balance sheet and other

Total assets, start of year
$1,657,290
Total assets, end of year
$1,892,096
Total liabilities, end of year
$22,814
Net assets, end of year
$1,869,282
Net assets without donor restrictions
$1,869,282
Gross unrelated business income
$192,721
Gross receipts
$374,798
Employees
0
Volunteers
0
Year formed
1987
State of legal domicile
CO

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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Daniel BrownPresident
Trustee or director
5$0
KC Matthews1st Vice President
Trustee or director
5$0
Richard ScottSecretary
Trustee or director
5$0
E Dean Brown JrTreasurer
Trustee or director
10$0
Damon Barry EsqBoard Member
Trustee or director
5$0
Charles ThomasBoard Member
Trustee or director
5$0
Stokes AndersonBoard Member
Trustee or director
5$0
Joel BoydBoard Member
Trustee or director
5$0
Glenn WallerEmeritus
Trustee or director
5$0
Yonas AmbayeAdvisor
Trustee or director
5$0
Jay BarryAdvisor
Trustee or director
5$0
Curtis PowellsAdvisor
Trustee or director
5$0
Durrell MiddletonAdvisor
Trustee or director
5$0
Christian WilliamsIntern
Trustee or director
5$0
990 for the year ended September 30, 2024: 14 people
NameTitleHours / weekCompensation
Daniel BrownPresident
Trustee or director
5$0
KC Matthews1st Vice President
Trustee or director
5$0
Richard ScottSecretary
Trustee or director
5$0
E Dean Brown JrTreasurer
Trustee or director
10$0
Damon Barry EsqBoard Member
Trustee or director
5$0
Charles ThomasBoard Member
Trustee or director
5$0
Stokes AndersonBoard Member
Trustee or director
5$0
Joel BoydBoard Member
Trustee or director
5$0
Glenn WallerEmeritus
Trustee or director
0$0
Yonas AmbayeAdvisor
Trustee or director
5$0
Jay BarryAdvisor
Trustee or director
5$0
Curtis PowellsAdvisor
Trustee or director
5$0
Durrell MiddletonAdvisor
Trustee or director
5$0
Christian WilliamsIntern
Trustee or director
5$0
990 for the year ended September 30, 2023: 10 people
NameTitleHours / weekCompensation
Daniel BrownPresident
Trustee or director
5$0
KC Matthews1st Vice President
Trustee or director
5$0
Richard ScottSecretary
Trustee or director
5$0
E Dean Brown JrTreasurer
Trustee or director
5$0
Damon Barry EsqBoard Member
Trustee or director
5$0
Charles ThomasBoard Member
Trustee or director
5$0
Stokes AndersonBoard Member
Trustee or director
5$0
Yonas AmbayeIntern
Trustee or director
5$0
Glenn WallerEmeritus
Trustee or director
5$0
Joel BoydMember
Trustee or director
5$0

Address and contacts

Address (IRS master file)
PO BOX 370597, DENVER, CO 80237-0597
Principal officer (990 for 2024)
Daniel Brown, 6042 S Biscay Ct, Aurora, CO 80016
Signed the 990
E Dean Brown Jr, Treasurer
Phone
(303) 877-6199

Mission

The Denver Kappa Alpha Psi Scholarship Foundation was formed to support and honor African American young men for their academic and civic accomplishments. We have for over 50 years achieved that goals and remain dedicated to our mission.

990 for the year ended September 30, 2025

Program accomplishments

  • 11 College / University Scholarships were awarded to students planning to attend college in Fall 2025. Denver Scholarship Foundation contribution to further assist students pursuing a college / university degree. Board Members have performed speaking series addressing community members on various subjects around leadership and preparing for the professional working environment. Business advising to other foundations in existence or planning to form that have similar missions and goals as the DKAPS Foundation. Continued management of our endowment with minimal fees and administrative cost.
    Expenses $125,224
  • The Denver Kappa Alpha Psi Scholarship Foundation was formed to honor African American young men who have demonstrated excellence in their academic pursuit and have demonstrated the desire to participate in activities that give back to their communities. The Foundation relies on the Kappa Alpha Psi Fraternity, Inc Denver Alumni Chapter to execute a fair scholarship selection process without the influence of the Foundation to select a number of students each year to honor to the extent of the budget set by the Foundation. In addition, the Foundation funds programs such as Kappa League and Guide Right to build a pipeline of well deserving young men for the scholarship program. The Foundation has been successful in raising funds and managing our funds utilizing very strict financial policies we hold our financial advising partners too, along with following the rules of the Secretary of State and any laws or guidelines set forth by regulating bodies of non profit organizations. Our Board met as scheduled and acted upon any decision necessary as outlined in our meeting minutes and elected very qualified members to serve as officers, board members, and advisors (an entity to train potential board members). The Foundation continues to seek donors to our organization that are suitable partners, meaning the goals of their organization and ethics with which they govern are consistent with the mission and goals of our Foundation. Some of the sources of our donations include, Board Members - which are by the rules set in our By-Laws contributed a minimum of $1100 this year, individual donors, corporate donors, foundation donors, in kind services, and any profits made from the scholarship program luncheon. Our corporate donors have been very loyal to the Foundation, many have been donors since our inception. There is no compensation of any kind provided to the Board of Directors for their time and participation on the Foundation Board. The Foundation Board sets our administration fee budget each year to less than 5% annually, many years being well below the overall goal. It is management's goal to, to keep expenses within 5% of total donation revenue. When you examine our returns, the investment has paid off well and also brings another level of governance on the transfer or withdrawal of funds. Part V Statements Regarding Other IRS Filings and Tax Compliance The Foundation is in complete compliance with the IRS filings and related tax compliances. The Foundation is a 501(c)3. There are no employees of the Foundation. To that end, there are no related payroll filings.0
  • Kappa League program contribution to mentor high school young men by providing life skills and support for their goals. Guide Right program contribution to mentor middle school young men by teaching them the importance of community service and other life skills appropriate for their age.0

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
84-1097181
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
1989
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,892,096
Income (IRS master file)
$374,798

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$374,798$175,991$1,892,096XML
990September 2024$408,579$103,818$1,657,290XML
990September 2023$185,475$76,243$1,109,668XML
990September 2022$175,318$73,400$1,069,158IRS
990September 2021–––IRS
990September 2020–––IRS

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 84-1097181).

Questions about DENVER KAPPA ALPHA PSI SCHOLARSHIP FOUNDATION

What is the EIN of DENVER KAPPA ALPHA PSI SCHOLARSHIP FOUNDATION?
The employer identification number (EIN) of DENVER KAPPA ALPHA PSI SCHOLARSHIP FOUNDATION is 84-1097181.
Is DENVER KAPPA ALPHA PSI SCHOLARSHIP FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to DENVER KAPPA ALPHA PSI SCHOLARSHIP FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DENVER KAPPA ALPHA PSI SCHOLARSHIP 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 DENVER KAPPA ALPHA PSI SCHOLARSHIP FOUNDATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DENVER KAPPA ALPHA PSI SCHOLARSHIP FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of DENVER KAPPA ALPHA PSI SCHOLARSHIP FOUNDATION?
The 990 for the year ended September 30, 2025 names Daniel Brown.
Who are the officers and directors of DENVER KAPPA ALPHA PSI SCHOLARSHIP FOUNDATION?
The 990 for the year ended September 30, 2025 lists 14 people; 0 received compensation from the organization.
How much revenue does DENVER KAPPA ALPHA PSI SCHOLARSHIP FOUNDATION have?
On its 990 for the year ended September 30, 2025 it reported revenue of $374,798, expenses of $175,991 and total assets of $1,892,096 at year end.

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