Phi Sigma Kappa
- Assets
- $236.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 12/1940
- Data as of
- 12/2021
- EIN
- 35-1834013
Organization Overview
Phi Sigma Kappa is located in Indianapolis, IN. The organization was established in 1940. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, 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 Kappa is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Phi Sigma Kappa generated $37.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $63.5k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
UNDERGRADUATE FRATERNITY HOUSE; HOUSED NUMEROUS BROTHERS AT BALL STATE UNIVERSITY IN MUNCIE, INDIANA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peyton Sturgill President | 2 | $0 | |
Eric Carlstedt Vice President | 2 | $0 | |
Daniel Weesner Secretary | 2 | $0 | |
Jonathan Fix Treasurer | 2 | $0 | |
Ivan Lomeli Board Member | 2 | $0 | |
Justin Price Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $36,972 |
| Membership dues | $0 |
| Investment income | $522 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $37,494 |
| 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 | $1,300 |
| Occupancy, rent, utilities, and maintenance | $20,797 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $41,391 |
| Total expenses | $63,488 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,168 |
| Other assets | $0 |
| Total assets | $236,330 |
| Total liabilities | $71,194 |
| Net assets or fund balances | $165,136 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indiana University Alumni Association Inc Bloomington, IN | $31,479,674 | $10,109,353 |
Center For Advanced Studies In Business Inc Madison, WI | $9,461,883 | $6,530,338 |
University Of Wisconsin Medical Alumni Association Inc Madison, WI | $0 | $0 |
The University Of Illinois Alumni Association Urbana, IL | $29,310,021 | $6,588,632 |
Purdue Alumni Association Inc Memorial Union Building West Lafayette, IN | $28,454,716 | $5,513,832 |
University Of Kentucky Alumni Association Inc Lexington, KY | $23,880,056 | $3,849,544 |
University Of Missouri Alumni Assn Columbia, MO | $16,718,552 | $3,263,310 |
University Of The Philippines Medical Alumni Society In America Lafayette, IN | $12,245,411 | $1,758,364 |
Western Kentucky University Alumni Association Inc Bowling Green, KY | $10,394,906 | $2,845,412 |
Northern Illinois University Alumni Association Dekalb, IL | $2,687,455 | $1,196,387 |
Miner Alumni Association Rolla, MO | $30,527,609 | $6,968,446 |
Southern Illinois University Carbondale, IL | $8,138,109 | -$879,336 |