Phi Sigma Sigma is located in Elkridge, 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 06/2019, Phi Sigma Sigma generated $48.2k 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 (10.2%) each year. All expenses for the organization totaled $49.2k during the year ending 06/2019. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 4 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
2019
Describe the Organization's Program Activity:
Part 3
OPERATION OF MEMBERSHIP ORGANIZATION FOR ITS 86 MEMBERS.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Rachel Giannakopoulos Scribe | 5 | $0 | |
| Toniann Seals Former Archon | 5 | $0 | |
| Erin Mcmurray Former Vice Archon | 5 | $0 | |
| Mallory Smith Former Bursar | 5 | $0 | |
| Brittany Hart Former Scribe | 5 | $0 | |
| Jamie Weinstein Archon | 5 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $102 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $42,037 | 
| Investment income | $663 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $5,426 | 
| Total Revenue | $48,228 | 
| 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 | $47,882 | 
| Total expenses | $49,222 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,855 | 
| Other assets | $0 | 
| Total assets | $19,855 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $19,855 |