Phi Sigma Sigma is located in Elkridge, 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 06/2019, Phi Sigma Sigma generated $38.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.4%) each year. All expenses for the organization totaled $62.3k during the year ending 06/2019. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 4 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
2019
Describe the Organization's Program Activity:
Part 3
OPERATION OF MEMBERSHIP ORGANIZATION FOR ITS 61 MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mary Mcneil Scribe | 5 | $0 | |
Samantha Rokicsak Former Archon | 5 | $0 | |
Sarah Hoogenboom Former Vice Archon | 5 | $0 | |
Mary Ottelien Former Bursar | 5 | $0 | |
Sara Hain Former Scribe | 5 | $0 | |
Michaela Thompson Archon | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,372 |
Total Program Service Revenue | $7,647 |
Membership dues | $16,863 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $12,058 |
Total Revenue | $38,940 |
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 | $35,252 |
Total expenses | $62,284 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $15,691 |
Other assets | $0 |
Total assets | $15,728 |
Total liabilities | $0 |
Net assets or fund balances | $15,728 |