Grand Boule Of The Sigma Pi Phi Fraternity
- Assets
- $4.1m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 05/2010
- Data as of
- 12/2023
- EIN
- 59-1314521
Organization Overview
Grand Boule Of The Sigma Pi Phi Fraternity is located in Atlanta, GA. The organization was established in 2010. According to its NTEE Classification (Y42) the organization is classified as: Domestic Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. Grand Boule Of The Sigma Pi Phi Fraternity is a 501(c)(10) and as such, is described as a "Domestic Fraternal Society and/or Association" by the IRS.
For the year ending 12/2023, Grand Boule Of The Sigma Pi Phi Fraternity generated $2.6m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $2.0m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SIGMA PI PHI FRATERNITY IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, LITERARY AND EDUCATIONAL PURPOSES FOR LIKE MINDED MEN TO ACCOMPLISH THROUGH CONCERTED EFFORTS THINGS THAT COULD NOT BE ACCOMPLISHED BY INDIVIDUAL EFFORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HAS SUPPORTED ITS MEMBERSHIP IN THE EXEMPT PURPOSE OF PROVIDING CHARITABLE, LITERARY AND EDUCATIONAL FUNCTIONS FOR LIKE MINDED MEN TO ACCOMPLISH THINGS NOT POSSIBLE THROUGH INDIVIDUAL EFFORT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samuel Bacote Grand Grammateus | OfficerTrustee | 50 | $0 |
Khephra K Burns Grand Grapter-Editor Boul | OfficerTrustee | 25 | $0 |
Micheal B Bruno CPA Grand Thesauristes-Treasur | OfficerTrustee | 25 | $0 |
Antoine M Garibaldi Grand Sire Archon-Chairman | OfficerTrustee | 25 | $0 |
Loren Douglas Grand Sire Archon-Elect | OfficerTrustee | 3 | $0 |
Dwayne M Murray Immediate Past Grand Sire | OfficerTrustee | 25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jeteractive Website And It | 12/30/23 | $117,077 |
Fred Weidner And Daughter Printing/publication | 12/30/23 | $286,687 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,241,270 |
| Fundraising events | $0 |
| Related organizations | $43,750 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $89,421 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,374,441 |
| Total Program Service Revenue | $157,330 |
| Investment income | $63,572 |
| 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 | $2,605,454 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $103,387 |
| Grants and other assistance to domestic individuals. | $87,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $245,222 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $264,673 |
| Pension plan accruals and contributions | $4,229 |
| Other employee benefits | $52,356 |
| Payroll taxes | $35,400 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $28,446 |
| Fees for services: Accounting | $94,425 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $251,512 |
| Advertising and promotion | $0 |
| Office expenses | $171,020 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $57,257 |
| Travel | $91,468 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $42,358 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,665 |
| Insurance | $43,439 |
| All other expenses | $0 |
| Total functional expenses | $1,966,276 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,400,058 |
| Savings and temporary cash investments | $1,830,147 |
| Pledges and grants receivable | $1,250 |
| Accounts receivable, net | $15,000 |
| 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 | $351,318 |
| Net Land, buildings, and equipment | $3,080 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $456,070 |
| Total assets | $4,056,923 |
| Accounts payable and accrued expenses | $131,141 |
| 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 | $380,511 |
| Total liabilities | $511,652 |
| Net assets without donor restrictions | $2,680,810 |
| Net assets with donor restrictions | $864,461 |
| 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 | $4,056,923 |
Grants Awarded
Over the last fiscal year, Grand Boule Of The Sigma Pi Phi Fraternity has awarded $103,387 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
VARIOUS SUBORDINATE MEMBERS (18 GRANTS 3000 - 10000 EACH) PURPOSE: Social Action Awards | $96,300 |
THE CONGRESSIONAL BLACK CAUCUS FOUNDATION PURPOSE: Intern Assistance | $7,087 |