Sigep Lead Fund
- Assets
- $671.8k
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, VA
- Founding
- 07/2013
- Data as of
- 06/2022
- EIN
- 46-2360689
Organization Overview
Sigep Lead Fund is located in Richmond, VA. The organization was established in 2013. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sigep Lead Fund 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 06/2022, Sigep Lead Fund generated $2.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $2.2m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE MEMBERS WITH THE MOST RELEVANT AND IMPACTFUL EDUCATION TO DEVELOPMENT INTO LEADERS BOTH IN AND AFTER COLLEGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BALANCED MAN PROGRAM: THIS PROGRAM IS AVAILABLE TO ALL FRATERNITY MEMBERS AND IS EXACTLY WHAT UNDERGRADUATE MEN NEED - A CONTINUOUS DEVELOPMENT EXPERIENCE FOCUSED ON SCHOLARSHIP, LEADERSHIP AND LIFE SKILLS THAT COMPLIMENT A UNIVERSITY'S CLASSROOM CURRICULUM.
CAREER COACHING: THE PROGRAM MATCHES AN UNDERGRADUATE MEMBER WITH AN ALUMNI CAREER COACH BASED ON THEIR FIELD OF INTEREST AND CAREER ASPIRATIONS. IT IS OPEN TO ALL UNDERGRADUATE MEMBERS AND COVERS ANY FIELD OR CAREER. IT PROVIDES TANGIBLE TOOLS FOR UNDERGRADUATES TO EXPAND THEIR CAREER HORIZONS AND MAKE CONNECTIONS.CARLSON LEADERSHIP ACADEMIES: THIS PROGRAM IS DESIGNED FOR PERSONAL LEADERSHIP DEVELOPMENT, FOCUSED ON GAINING THE SKILLS TO HELP MEMBERS INSPIRE BROTHERS, MANAGE COMMITTEES AND FOLLOW THROUGH ON GOALS.RUCK LEADERSHIP INSTITUTE: THIS PROGRAM IS SIGEP'S LANDMARK LEADERSHIP PROGRAM FOR UNDERGRADUATES. IT FOCUSES ON EXPLORING AND DEVELOPING PERSONAL LEADERSHIP SKILLS.TRAGOS QUEST TO GREECE: SCHOLARS IN THIS PROGRAM STUDY THE INFLUENCE THAT GREEK PHILOSOPHY, GOVERNANCE AND THE ARTS HAS AND CONTINUES TO HAVE IN EVERYDAY LIFE. SCHOLARS EXPLORE GREEK CULTURE AND REFLECT UPON THE ORIGIN OF SIGEP VALUES AND THE BALANCED MAN IDEAL.CONCLAVE: EVERY TWO YEARS, SIGEP GATHERS UNDERGRADUATE AND ALUMNI MEMBERS TO PARTICIPATE IN PERSONAL AND PROFESSIONAL DEVELOPMENT ACTIVITIES AND HONOR THOSE WHO HAVE HELPED MAKE THE FRATERNITY GREAT THROUGH UNDERGRADUATE AND ALUMNI AWARDS
VIRGUAL PROGRAMMING: IN ADDITION TO IN PERSON EVENTS, VIRTUAL LEADERSHIP DEVELOPMENT AND SKILL TRAINING OCCURRED IN THE NATIONAL TRANSITION RETREAT AND SPRINGBOARD PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacy Nicodemus Secretary | OfficerTrustee | 40 | $81,116 |
Laura Curzi Treasurer | OfficerTrustee | 40 | $72,976 |
Patrick Githens Director | Trustee | 40 | $57,723 |
Brian Warren Jr President | OfficerTrustee | 2 | $0 |
Chad Stegemiller Director | Trustee | 40 | $0 |
Brian Tenclinger Director | Trustee | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,147,458 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,521 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,159,979 |
| Total Program Service Revenue | $1,002,734 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,162,713 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $291,565 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $26,132 |
| Payroll taxes | $21,506 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $250 |
| Fees for services: Accounting | $13,828 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $23,189 |
| Office expenses | $7,713 |
| Information technology | $6,016 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $585,379 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $174,309 |
| Insurance | $0 |
| All other expenses | $15,689 |
| Total functional expenses | $2,162,713 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,234 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,337 |
| Net Land, buildings, and equipment | $302,044 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $311,213 |
| Total assets | $671,828 |
| Accounts payable and accrued expenses | $97,965 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $196,800 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $294,765 |
| Net assets without donor restrictions | $377,063 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $671,828 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sigep Lead Fund has recieved totaling $1,102,752.
| Awarding Organization | Amount |
|---|---|
Sigma Phi Epsilon Educational Foundation Richmond, VA PURPOSE: PROGRAMS | $1,102,752 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Somerset Community Services Inc Marion Station, MD | $23,511,474 | $20,221,070 |
American Association Of University Women Inc Washington, DC | $138,843,361 | $18,528,803 |
Hca Healthcare Foundation Nashville, TN | $97,582,102 | $44,453,527 |
James Madison University Foundation Inc Harrisonburg, VA | $191,139,680 | $18,508,438 |
Indian Paintbrush Foundation Washington, DC | $2,617,521,485 | $1,521,981,843 |
Marine Corps Scholarship Foundation Inc Alexandria, VA | $149,128,193 | $34,285,716 |
Children Of Fallen Patriots Foundation Reston, VA | $18,264,760 | $13,060,746 |
District Of Columbia College Access Program Washington, DC | $105,959,870 | $18,161,486 |
The Hartwell Foundation Corporation Memphis, TN | $88,595,532 | $17,280,759 |
Asian And Pacific Islander American Scholarship Fund Washington, DC | $37,686,826 | $13,616,717 |
Morehead Cain Foundation Chapel Hill, NC | $0 | $13,275,596 |
Education Foundation Scholarship Endowment Trust Chapel Hill, NC | $389,903,195 | $25,351,334 |