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 $93.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $90.9k during the year ending 06/2023. While expenses have increased by 3.5% per year over the past 8 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 148 MEMBERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Olivia Clift Scribe | 5 | $0 | |
Liza Laprade Former Archon | 5 | $0 | |
Jenna Santoro Former Vice Archon | 5 | $0 | |
Abigail Francess Former Bursar | 5 | $0 | |
Cameryn Engel Former Scribe | 5 | $0 | |
Brielle Monez Archon | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,694 |
| Total Program Service Revenue | $0 |
| Membership dues | $79,002 |
| Investment income | $301 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $713 |
| Total Revenue | $93,710 |
| 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 | $81,034 |
| Total expenses | $90,853 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,882 |
| Other assets | $0 |
| Total assets | $49,882 |
| Total liabilities | $0 |
| Net assets or fund balances | $49,882 |