Psi Iota Xi Sorority
- Assets
- $107.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 06/1951
- Data as of
- 04/2023
- EIN
- 35-6045514
Organization Overview
Psi Iota Xi Sorority is located in Indianapolis, IN. The organization was established in 1951. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. Psi Iota Xi Sorority is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2023, Psi Iota Xi Sorority generated $91.2k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $98.5k during the year ending 04/2023. While expenses have increased by 7.5% per year over the past 3 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES CULTURAL PHILANTHROPIC ASSISTANCETO THE LOCAL COMMUNITY. MANY PEOPLE BENEFIT FROM THE ORGANIZATION'S PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mo Dix President | 10 | $0 | |
Taffy Day Treasurer | 10 | $0 | |
Rhonda Mcnall-Crisenbery Vice President | 10 | $0 | |
Mickie Hansen Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,567 |
| Total Program Service Revenue | $988 |
| Membership dues | $62,998 |
| Investment income | $2,688 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,477 |
| Other Revenue | $2,498 |
| Total Revenue | $91,216 |
| 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 | $5,635 |
| Occupancy, rent, utilities, and maintenance | $4,825 |
| Printing, publications, postage, and shipping | $866 |
| Other expenses | $87,182 |
| Total expenses | $98,508 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $104,006 |
| Other assets | $0 |
| Total assets | $107,006 |
| Total liabilities | $0 |
| Net assets or fund balances | $107,006 |