Phi Sigma Kappa is located in Tuscaloosa, AL. The organization was established in 1940. 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 Kappa 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, Phi Sigma Kappa generated $119.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $115.5k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 8 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
2024
Describe the Organization's Program Activity:
Part 3
PROVIDE CHAPTER PROGRAMMING FOR UNDERGRADUATE CHAPTER OF NATIONAL COLLEGIATE SOCIAL FRATERNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ben Hardy President | 0 | $0 | |
Andrew Mirra Vice Preside | 0 | $0 | |
Alex Wiegert Treasurer | 0 | $0 | |
Joe Whalen Secretary | 0 | $0 | |
Luke Goldzer Sentinel | 0 | $0 | |
Aiden Kepes Inductor | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $119,444 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $119,444 |
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 | $5,095 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $110,398 |
Total expenses | $115,493 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $5,030 |
Other assets | $0 |
Total assets | $53,023 |
Total liabilities | $47,993 |
Net assets or fund balances | $5,030 |