Sigma Kappa Sorority
- Assets
- $25.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Carmel, IN
- Founding
- 01/1943
- Data as of
- 05/2019
- EIN
- 37-6078930
Organization Overview
Sigma Kappa Sorority is located in Carmel, IN. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Sigma Kappa Sorority is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 05/2019, Sigma Kappa Sorority generated $32.2k 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 (15.7%) each year. All expenses for the organization totaled $29.8k during the year ending 05/2019. As we would expect to see with falling revenues, expenses have declined by (15.6%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alyssa Ferchen President | 2 | $0 | |
Elaina Bach VP Of Standards And Values | 2 | $0 | |
Madeline Berglind VP Of Programming | 2 | $0 | |
Maria Ruettiger VP Of New Member Education | 2 | $0 | |
Riley Doran VP Of Membership | 2 | $0 | |
Olivia Craig VP Of Academic Excellence | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $600 |
| Total Program Service Revenue | $0 |
| Membership dues | $27,561 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $4,076 |
| Total Revenue | $32,237 |
| 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 | $780 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $604 |
| Other expenses | $28,445 |
| Total expenses | $29,829 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,066 |
| Other assets | $0 |
| Total assets | $25,115 |
| Total liabilities | $16,734 |
| Net assets or fund balances | $8,381 |