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 06/2017, Phi Sigma Sigma generated $44.4k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 15.4% each year . All expenses for the organization totaled $51.6k during the year ending 06/2017. While expenses have increased by 8.8% per year over the past 2 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
2017
Describe the Organization's Program Activity:
Part 3
OPERATION OF MEMBERSHIP ORGANIZATION FOR ITS 64 MEMBERS.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Shelby Sweet Archon | 5 | $0 | |
| Natalie Stout Bursar | 5 | $0 | |
| Angela Leingang Vice Archon | 5 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $44,127 | 
| Investment income | $231 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $44,358 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $42,332 | 
| Salaries, other compensation, and employee benefits | $0 | 
| Professional fees and other payments to independent contractors | $425 | 
| Occupancy, rent, utilities, and maintenance | $1,961 | 
| Printing, publications, postage, and shipping | $183 | 
| Other expenses | $660 | 
| Total expenses | $51,561 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,597 | 
| Other assets | $0 | 
| Total assets | $22,362 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $22,362 |