Sigma Phi Epsilon Of Az Beta Education Foundation is located in Tucson, AZ. The organization was established in 2012. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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 Epsilon Of AZ Beta Education 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 12/2022, Sigma Phi Epsilon Of AZ Beta Education Foundation generated $24.8k 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 (4.3%) each year. All expenses for the organization totaled $30.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.5%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION WILL HELP FUND EDUCATIONAL PROGRAMS SUCH AS ALCOHOL AND DRUG AWARENESS PROGRAMS, LEADERSHIP DEVELOPMENT AND SCHOLARSHIPS AS FUNDS AVAILABLE. THE FOUNDATION WILL ALSO PROVIDE GRANTS TO AN ARIZONA NONPROFIT CORPORATION FOR CONSTRUCTION AND OPERATION OF EDUCATIONAL QUALIFIED AREAS IN THE SIGMA PHI EPSILON CHAPTER HOUSE AT THE UNIVERSITY OF ARIZONA. IN ADDITION, IT MAY PROVIDE LOANS TO THE SAME ARIZONA NONPROFIT CORPORATION FOR CONSTRUCTION OF THE UNIVERSITY OF ARIZONA SIGMA PHI EPSILON CHAPTER HOUSE AT MARKET INTEREST RATES.
Describe the Organization's Program Activity:
Part 3
FUNDING OF EDUCATIONAL PROGRAMS SUCH AS ALCOHOL AND AND DRUG AWARENESS PROGRAMS, LEADERSHIP DEVELOPMENTS AND SCHOLORSHIPS.
PROVIDE GRANTS TO AN ARIZONA NONPROFIT CORPORATION FOR CONSTRUCTION AND OPERATION OF EDUCATIONAL QUALIFIED AREAS IN THE SIGMA PHI EPSILON CHAPTER HOUSE AT THE UNIVERSITY OF ARIZONA
PROVIDE LOANS TO AN ARIZONA NONPROFIT CORPORATION FOR CONSTRUCTION OF THE UNIVERSITY OF ARIZONA SIGMA PHI EPSILON CHAPTER HOUSE (AT MARKET RATES).
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Randy Downer President/director | 1 | $0 | |
Wayne Wood Secretary/director | 1 | $0 | |
Robin Aronoff Treasurer/director | 2 | $0 | |
Alan Tanner Director | 0.5 | $0 | |
Wayne Rutschman Director | 0.5 | $0 | |
Daniel Knauss Director | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $24,880 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | -$125 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $18 |
Total Revenue | $24,773 |
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 | $384 |
Occupancy, rent, utilities, and maintenance | $396 |
Printing, publications, postage, and shipping | $7,505 |
Other expenses | $7,024 |
Total expenses | $30,309 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $45,912 |
Other assets | $0 |
Total assets | $45,912 |
Total liabilities | $0 |
Net assets or fund balances | $45,912 |