Alpha Sigma Phi Fraternity Inc
- Assets
- $18.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 04/1941
- Data as of
- 06/2020
- EIN
- 47-5203892
Organization Overview
Alpha Sigma Phi Fraternity Inc is located in Raleigh, NC. The organization was established in 1941. 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. Alpha Sigma Phi Fraternity Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2020, Alpha Sigma Phi Fraternity Inc generated $94.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (37.0%) each year. All expenses for the organization totaled $82.9k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (41.4%) per year over the past 2 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
LOCAL CHAPTER OF THE NATIONAL COLLEGIATE SOCIAL FRATERNITY.
Describe the Organization's Program Activity:
Part 3
PROVIDED MEALS, HOUSING, AND SOCIAL PROGRAMS FOR THE LOCAL MEMBERS OF A NATIONAL COLLEGIATE SOCIAL FRATERNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ben Rubenstein Board Member | 0 | $0 | |
Thomas Delaunay Board Member | 0 | $0 | |
Conner Paschall Board Member | 0 | $0 | |
Jared Forbes Board Member | 0 | $0 | |
Peyton Williamson Board Member | 0 | $0 | |
Ian Gillen Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $94,768 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $94,768 |
| 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 | $3,725 |
| Occupancy, rent, utilities, and maintenance | $8,924 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $70,206 |
| Total expenses | $82,855 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,288 |
| Other assets | $0 |
| Total assets | $18,288 |
| Total liabilities | $0 |
| Net assets or fund balances | $18,288 |