Phi Sigma Pi Foundation is located in Lancaster, PA. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Phi Sigma Pi Foundation 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 06/2022, Phi Sigma Pi Foundation generated $49.1k 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 (5.8%) each year. All expenses for the organization totaled $32.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 6 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
2022
Describe the Organization's Program Activity:
Part 3
GENERATE, PRESERVE, AND PROVIDE FINANCIAL RESOURCES FOR THE WELL-BEING OF THE FOUNDATION AND PHI SIGMA PI NATIONAL HONOR SOCIETY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Suzanne Schaffer Executive Di | 10 | $0 | |
Christopher Mccoy National Pre | 5 | $0 | |
Natalie Mikkelson Secretary | 5 | $0 | |
Hillary Nicoll Treasurer | 5 | $0 | |
Sarah Cantwell Board Member | 5 | $0 | |
Michael Covin Board Member | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $39,238 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $9,901 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $49,139 |
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 | $4,583 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $1,335 |
Total expenses | $32,662 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $333,592 |
Other assets | $0 |
Total assets | $333,592 |
Total liabilities | $11,934 |
Net assets or fund balances | $321,658 |