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 06/2022, Phi Sigma Sigma generated $108.0k 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 (4.5%) each year. All expenses for the organization totaled $114.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
OPERATION OF MEMBERSHIP ORGANIZATION FOR ITS 146 MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Erin Cheifetz Scribe | 5 | $0 | |
Sarah Katz Former Archon | 5 | $0 | |
Camilla Khalifa Former Vice Archon | 5 | $0 | |
Kaylie Walker Former Scribe | 5 | $0 | |
Abigayle Knouse Archon | 5 | $0 | |
Jayna Lanshe Former Bursar | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $4,174 |
Total Program Service Revenue | $21,513 |
Membership dues | $78,353 |
Investment income | $2,020 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $1,930 |
Total Revenue | $107,990 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $111,892 |
Total expenses | $114,147 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $32,865 |
Other assets | $0 |
Total assets | $34,529 |
Total liabilities | $0 |
Net assets or fund balances | $34,529 |
Organization Name | Assets | Revenue |
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Tuscarora Intermediate Unit Capital Insurance Trust Pleasant Gap, PA | $4,120,321 | $22,419,678 |
Weachieve Inc Silver Spring, MD | $15,012,410 | $16,647,397 |
Sigma Phi Epsilon Fraternity Inc Richmond, VA | $54,140,029 | $10,282,777 |
Phi Beta Kappa Society Washington, DC | $4,794,114 | $5,810,818 |
Zeta Phi Beta Sorority Inc Washington, DC | $20,915,125 | $7,582,963 |
Phi Sigma Sigma National Housing Corporation Eldersburg, MD | $5,105,404 | $4,513,250 |
Phi Beta Sigma Fraternity Inc Washington, DC | $7,959,473 | $5,690,900 |
Delta Phi Epsilon Sorority Inc Philadelphia, PA | $2,908,015 | $2,233,543 |
Sigma Nu Educational Foundation Inc Lexington, VA | $16,834,611 | $2,302,992 |
Alpha Omega Clinic And Consultation Fairfax, VA | $317,274 | $1,917,356 |
Kappa Alpha Order Educational Foundation Lexington, VA | $13,471,837 | $4,116,886 |
Beta Alpha Chapter Of Chi Omega House Corp Wayne, PA | $1,129,031 | $303,939 |