Phi Sigma Sigma is located in Eldersburg, 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 06/2020, Phi Sigma Sigma generated $61.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $31.5k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (13.4%) per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
OPERATION OF MEMBERSHIP ORGANIZATION FOR ITS 103 MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Emily White Former Archon | 5 | $0 | |
Jordan Moldenhauer Former Vice Archon | 5 | $0 | |
Mia Velasquez Former Bursar | 5 | $0 | |
Sophia Solano Scribe | 5 | $0 | |
Ellis Roesler Archon | 5 | $0 | |
Sydney Wishnow Vice Archon | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,258 |
Total Program Service Revenue | $0 |
Membership dues | $44,345 |
Investment income | $46 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $15,096 |
Total Revenue | $61,745 |
Statement of Expenses | |
---|---|
Total expenses | $31,539 |
Balance Sheet | |
---|---|
Total assets | $50,407 |
Total liabilities | $0 |
Net assets or fund balances | $50,407 |