Phi Eta Sigma National Honor Society Inc

Organization Overview

Phi Eta Sigma National Honor Society Inc is located in Tuscaloosa, AL. The organization was established in 2014. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 06/2023, Phi Eta Sigma National Honor Society Inc employed 9 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Phi Eta Sigma National Honor Society Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2023, Phi Eta Sigma National Honor Society Inc generated $721.6k 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 (4.1%) each year. All expenses for the organization totaled $1.0m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO ENCOURAGE AND REWARD HIGH SCHOLASTIC ACHIEVEMENT AMONG FIRST-YEAR STUDENTS IN INSTITUTIONS OF HIGHER LEARNING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ENCOURAGE ACADEMIC EXCELLANCE BY AWARDING SCHOLARSHIPS TO COLLEGE STUDENT MEMBERS WHO ACHIEVE HIGH ACADEMIC STANDARDS.


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Financial Statements

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$5,475
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,475
Total Program Service Revenue$552,200
Investment income $198,104
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$34,227
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $721,552

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