Phi Sigma Sigma Inc is located in Eldersburg, MD. The organization was established in 1946. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Phi Sigma Sigma Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2022, Phi Sigma Sigma Inc generated $208.5k 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 (5.6%) each year. All expenses for the organization totaled $205.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.4%) 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
PROVIDE THE FELLOWSHIP OF MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF MEMBERSHIP ORGANIZATION FOR ITS 125 MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Malani Smithenry Archon | OfficerTrustee | 5 | $0 |
Ashley Kim Scribe | OfficerTrustee | 5 | $0 |
Eliza Zacharias Vice Archon | OfficerTrustee | 5 | $0 |
Meghan Dowd Bursar | OfficerTrustee | 5 | $0 |
Kylie Dews Former Archon | Trustee | 5 | $0 |
Zoe Andrew Former Scribe | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $5,672 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,672 |
Total Program Service Revenue | $196,095 |
Investment income | $5,614 |
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 | $208,519 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $4,635 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $2,196 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
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 | $0 |
Insurance | $0 |
All other expenses | $14,879 |
Total functional expenses | $205,853 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $42,457 |
Savings and temporary cash investments | $36,220 |
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 | $2,984 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $81,661 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
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 | $0 |
Net assets without donor restrictions | $81,661 |
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 | $81,661 |
Over the last fiscal year, Phi Sigma Sigma Inc has awarded $19,998 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Eldersburg, MD PURPOSE: EDUCATIONAL GRANT | $12,074 |
Champaign, IL PURPOSE: YOUTH EDUCATIONAL PROGRAMMING | $7,924 |
Organization Name | Assets | Revenue |
---|---|---|
Berks County School Districts Health Tr Reading, PA | $37,307,686 | $92,475,879 |
Jewish Home Lifecare Manhattan New York, NY | $92,070,146 | $86,814,145 |
Central European University New York, NY | $577,160,061 | $72,058,098 |
International Union Of Operating Engineers Welfare Fund Long Island City, NY | $98,450,225 | $98,628,304 |
New Jersey Property Liability Basking Ridge, NJ | $270,074,908 | $113,404,286 |
Upmc Lititz Harrisburg, PA | $81,864,299 | $83,139,500 |
Procter & Gamble Benefit Plan Trust Cincinnati, OH | $69,184,153 | $97,679,425 |
United Church Homes Inc Marion, OH | $230,951,491 | $117,776,158 |
American Society For Testing And Materials West Conshohocken, PA | $507,262,217 | $135,712,233 |
Childrens Research Institute Washington, DC | $13,958,035 | $66,659,816 |
Cedar Crest Village Llc Pompton Plains, NJ | $458,841,206 | $94,228,748 |
Public Interest Registry Reston, VA | $67,348,678 | $103,286,594 |