Phi Sigma Sigma is located in Eldersburg, MD. The organization was established in 1946. 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. Phi Sigma Sigma 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, Phi Sigma Sigma generated $43.5k 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 (19.0%) each year. All expenses for the organization totaled $55.8k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (14.0%) 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
2020
Describe the Organization's Program Activity:
Part 3
OPERATION OF MEMBERSHIP ORGANIZATION FOR ITS 95 MEMBERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alison Janega Former Archon | 5 | $0 | |
Carolyn Shipe Former Vice Archon | 5 | $0 | |
Olivia Selgrad Former Bursar | 5 | $0 | |
Emmeline Lan Former Scribe | 5 | $0 | |
Jordan Dreisbach Former Vice Archon | 5 | $0 | |
Aashka Varma Archon | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $277 |
| Total Program Service Revenue | $364 |
| Membership dues | $4,373 |
| Investment income | $80 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $38,393 |
| Total Revenue | $43,487 |
| Statement of Expenses | |
|---|---|
| Total expenses | $55,757 |
| Balance Sheet | |
|---|---|
| Total assets | $29,973 |
| Total liabilities | $0 |
| Net assets or fund balances | $29,973 |