Sigma Phi Society Inc is located in Tucson, AZ. The organization was established in 1943. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Sigma Phi Society Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Sigma Phi Society Inc generated $112.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.0%) each year. All expenses for the organization totaled $110.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
EDUCATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ronald Lackey General Counsel | 1 | $0 | |
Marshall Solem Secretary | 1 | $0 | |
James Hansen Vice Chairman | 1 | $0 | |
Brendan Mccurdy Chairman | 1 | $0 | |
Robert Guthrie Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $57,015 |
Investment income | $4,422 |
Gain or Loss | $4,183 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $47,157 |
Total Revenue | $112,777 |
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 | $20,067 |
Occupancy, rent, utilities, and maintenance | $226 |
Printing, publications, postage, and shipping | $20,807 |
Other expenses | $60,019 |
Total expenses | $110,919 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $233,359 |
Other assets | $0 |
Total assets | $243,718 |
Total liabilities | $1,000 |
Net assets or fund balances | $242,718 |
Over the last fiscal year, Sigma Phi Society Inc has awarded $18,119 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
SIGMA PHI SOCIETY AT UNIVERSITY OF VIRGINIA PURPOSE: GENERAL FUND | $9,459 |
SIGMA PHI EDUCATIONAL FOUNDATION PURPOSE: GENERAL FUND | $8,660 |