Sigma Delta Pi FY2024 filing

Tax-deductible

Charleston, SC501(c)(3)Youth DevelopmentEIN 01-0319131Revenue $148K in FY2024

On file with the IRS3 Bainbridge Dr, 29407-4213 · Charleston, SCTax-exempt since Jun 1999Publicly supported — 509(a)(2)

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The purpose of the organization is to honor those who have attained excellence in the study of language, literature, and culture of the spanish-speaking peoples and for those who have made the modern hispanic culture better known in the english-speaking world and to serve its membership in ways which will contribute to the attainment of the goals and ideals of the society.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
$8K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $38K a year · 25% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$8K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
38 mo
of spending, in cash
Looks good: 38.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $33
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 1 voting members
Concern: none of 1 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$148K
+8% vs prior year
Spent
$120K
To programs
100%
Net assets
$1.6M
By yearFY2020–FY2025
Revenue
$148K
FY2024▲ +8%
Tap a bar for its year
Revenue by fiscal year
FY2020$129K
FY2021$162K
FY2022$184K
FY2023$137K
FY2024$148K
FY2025$159K
Expenses
$120K
FY2024▼ -3%
Tap a bar for its year
Expenses by fiscal year
FY2020$89K
FY2021$94K
FY2022$121K
FY2023$124K
FY2024$120K
FY2025$143K
Net assets
$1.6M
FY2024▲ +13%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.4M
FY2021$1.6M
FY2022$1.4M
FY2023$1.4M
FY2024$1.6M
FY2025$1.6M

From the FY2024 Form 990 (year ending August 2024) · see the original

990 PDF Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1999.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $120K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990; $8K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Di
$7,792Pt VII · Sec A

Mark P Del Mastro’s $7K as Executive Di is at the 5th percentile of top reported officer pay among 1992 $100K–1M youth development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Mark P Del Mastro$7,006$7,792$11,354$10,986$10,986$10,913

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Honors excellence in Spanish language, literature, and culture, promoting Hispanic culture globally.

Questions for Sigma Delta Pi

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Provided by the organization

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1 program · $120K · in their own filed words · FY2023
01

Scholarship awards

$120Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$33
Grants paid · 6 grants · $146K · 2019–2024
Unitemized GrantFY2024$40,150
Unitemized GrantFY2023$25,006
Unitemized GrantFY2022$38,950
Unitemized GrantFY2021$27,721
Unitemized GrantFY2020$8,115
Unitemized GrantFY2019$6,476

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$148K
Ln 12
Fees for servicesLn 2g$94K
Investment incomeLn 3$45K
Other incomeLn 4–11$8K
Money outPt IX
$120K
Ln 25
Programscol B$120K
Owns and owesPt X
$1.6M
net assets · Ln 32
Cash and savingsLn 1–2$381K
Total assetsLn 16$1.6M
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a1
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$94K
Investment incomeLn 3$45K
Other incomeLn 4–11$8K
Gains on assetsLn 7$4K
Total revenueLn 12$148K
Assets in detailPt X, end of year
CashLn 1$16K
SavingsLn 2$365K
Cash and savings togetherLn 1–2$381K
InvestmentsLn 11–13$1.2M
Total assetsLn 16$1.6M
LiabilitiesLn 26$0
Net assetsLn 32$1.6M
OperationsPt I, VI
EmployeesI 52
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$386K$381K
InvestmentsLn 11–13$1.0M$1.2M
Total assetsLn 16$1.4M$1.6M
LiabilitiesLn 26$0$0
Net assetsLn 32$1.4M$1.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$25K$25K
Pay of current officers, directors and key staffLn 5$8K$8K
Other salaries and wagesLn 7$30K$30K
Payroll taxesLn 10$21K$21K
Accounting feesLn 11c$8K$8K
TravelLn 17$10K$10K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$17K$17K
Total functional expensesLn 25$120K$120K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $159K$143K$16K$1.6M 990 PDF
FY2024 Viewing $148K$120K$28K$1.6M 990 PDF
FY2023 $137K$124K$12K$1.4M 990 PDF
FY2022 $184K$121K$63K$1.4M 990 PDF
FY2021 $162K$94K$68K$1.6M 990 PDF
FY2020 $129K$89K$41K$1.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $148,133 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $78,274$94,202
I-10 Investment incomePrior year $49,024$45,453
I-11 Other revenuePrior year $9,519$8,478
I-12 Total revenuePrior year $136,817$148,133
I-13 Grants and similar amounts paidPrior year $38,950$25,006
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $55,084$58,028
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $30,357$37,429
I-18 Total expensesPrior year $124,391$120,463
I-19 Revenue less expensesPrior year $12,426$27,670
Part VI · Governance 0 of 1 board members independent, 4 to look at
VI-1a Voting members of the governing body1
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $148,133 across 5 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $94,202$94,202
VIII-3 Investment incomeExcluded from tax $41,913$41,913
VIII-7 Net gain or loss on sales of assetsRelated to mission $3,540$3,540
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Unrelated business $8,478$8,478
VIII-12 Total revenueRelated to mission $97,742 · Unrelated business $8,478 · Excluded from tax $41,913$148,133
Part IX · Statement of functional expenses $120,463 across 8 lines filed
IX-2 Grants to domestic individualsPrograms $25,006$25,006
IX-5 Pay of current officers, directors and key staffPrograms $7,792$7,792
IX-7 Other salaries and wagesPrograms $29,651$29,651
IX-10 Payroll taxesPrograms $20,585$20,585
IX-11c Accounting feesPrograms $8,085$8,085
IX-17 TravelPrograms $10,023$10,023
IX-23 InsurancePrograms $2,273$2,273
IX-24 Other expenses (24a–d)Programs $17,048$17,048
IX-25 Total functional expensesPrograms $120,463 · Management $0 · Fundraising $0$120,463
Part X · Balance sheet $1,594,471 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $13,935$16,264
X-2 Savings and temporary cash investmentsStart of year $372,052$364,721
X-11 Publicly traded securitiesStart of year $276,584$267,161
X-12 Other securitiesStart of year $748,903$946,325
X-16 Total assetsStart of year $1,411,474$1,594,471
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $1,411,474$1,594,471
X-33 Total liabilities and net assetsStart of year $1,411,474$1,594,471
Part XI · Reconciliation of net assets $1,594,471 net assets at year end
XI-1 Total revenue$148,133
XI-2 Total expenses$120,463
XI-3 Revenue less expenses$27,670
XI-4 Net assets at start of year$1,411,474
XI-5 Net unrealized gains (losses) on investments$159,825
XI-7 Investment expenses−$4,498
XI-10 Net assets at end of year$1,594,471

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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