Phi Sigma Sigma Inc 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 Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2019, Phi Sigma Sigma Inc generated $47.8k 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 (6.4%) each year. All expenses for the organization totaled $35.7k during the year ending 06/2019. As we would expect to see with falling revenues, expenses have declined by (11.3%) 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 46 MEMBERS.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Emily Kaiser Former Archon | 5 | $0 | |
| Jill Jablecki Former Bursar | 5 | $0 | |
| Taylor Jaenicke Former Scribe | 5 | $0 | |
| Madison Stigliano Archon | 5 | $0 | |
| Jordan Braceland Vice Archon | 5 | $0 | |
| Rebecca Carberry Bursar | 5 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,489 | 
| Total Program Service Revenue | $515 | 
| Membership dues | $41,445 | 
| Investment income | $2,163 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $2,149 | 
| Total Revenue | $47,761 | 
| 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 | $34,383 | 
| Total expenses | $35,663 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,150 | 
| Other assets | $0 | 
| Total assets | $68,839 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $68,839 |