Sigma Delta Tau Society is located in Ithaca, NY. The organization was established in 1948. 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. Sigma Delta Tau Society is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2024, Sigma Delta Tau Society generated $371.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (18.2%) each year. All expenses for the organization totaled $369.9k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (16.9%) per year over the past 4 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ROOM, BOARD AND FELLOWSHIP TO MEMBERS OF COLLEGE SORORITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE ROOM, BOARD AND FELLOWSHIP TO MEMBERS OF COLLEGE SORORITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Abby Sarmat President | OfficerTrustee | 1 | $0 |
Abigail Stinnett VP Of Operations | OfficerTrustee | 1 | $0 |
Bailey Lewis VP Of Philanthropy | OfficerTrustee | 1 | $0 |
Jillian Snow VP Of Recruitment | OfficerTrustee | 1 | $0 |
Annie-Grace Mitchell VP Of New Member Education | OfficerTrustee | 1 | $0 |
Caroline Peters VP Of Academic Development | OfficerTrustee | 1 | $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 | $2,454 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,454 |
Total Program Service Revenue | $370,776 |
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 | -$1,656 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $371,574 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $70,000 |
Grants and other assistance to domestic individuals. | $520 |
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 | $20,333 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $23,559 |
Advertising and promotion | $0 |
Office expenses | $1,545 |
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 | $8,840 |
All other expenses | $48,479 |
Total functional expenses | $369,913 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $14,819 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $215,203 |
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 | $0 |
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 | $230,022 |
Accounts payable and accrued expenses | $4,780 |
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 | $4,780 |
Net assets without donor restrictions | $0 |
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 | $225,242 |
Total liabilities and net assets/fund balances | $230,022 |