Phi Sigma Sigma
- Assets
- $439.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Eldersburg, MD
- Founding
- 05/1946
- Data as of
- 06/2024
- EIN
- 27-1836924
Organization Overview
Phi Sigma Sigma is located in Eldersburg, MD. The organization was established in 1946. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Phi Sigma Sigma is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2024, Phi Sigma Sigma generated $155.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.0%) each year. All expenses for the organization totaled $169.3k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
OPERATION OF MEMBERSHIP ORGANIZATION FOR ITS 124 MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Celia Hansen Former Archon | 5 | $0 | |
Annie Gruner Former Vice Archon | 5 | $0 | |
Erin Mallory Former Bursar | 5 | $0 | |
Danielle Guillemain Former Secretary | 5 | $0 | |
Mehrish Khan Secretary | 5 | $0 | |
Kara Fasbach Archon | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,407 |
| Total Program Service Revenue | $28,774 |
| Membership dues | $112,226 |
| Investment income | $321 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $221 |
| Total Revenue | $155,949 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $160,389 |
| Total expenses | $169,332 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $439 |
| Other assets | $0 |
| Total assets | $439 |
| Total liabilities | $0 |
| Net assets or fund balances | $439 |
Grants Awarded
Over the last fiscal year, Phi Sigma Sigma has awarded $47,230 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
PHI SIGMA SIGMA NATIONAL HOUSING CORPORATION PURPOSE: HOUSING ASSISTANCE | $41,780 |
PHI SIGMA SIGMA FOUNDATION INC PURPOSE: EDUCATIONAL GRANT | $5,450 |