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 06/2023, Phi Sigma Sigma generated $53.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $57.7k during the year ending 06/2023. While expenses have increased by 5.2% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
OPERATION OF MEMBERSHIP ORGANIZATION FOR ITS 127 MEMBERS.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
Martina Soriano Former Archon  | 5 | $0 | |
Alyssa Morisco Former Vice Archon  | 5 | $0 | |
Oona Brennan Former Bursar  | 5 | $0 | |
Melanie Turner Former Secretary  | 5 | $0 | |
Gaby Schindler Secretary  | 5 | $0 | |
Sharanya Nair Archon  | 5 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,772 | 
| Total Program Service Revenue | $85 | 
| Membership dues | $47,653 | 
| Investment income | $683 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $154 | 
| Total Revenue | $53,347 | 
| 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 | $0 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $52,932 | 
| Total expenses | $57,688 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,329 | 
| Other assets | $0 | 
| Total assets | $46,329 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $46,329 |