Pi Tau Sigma EIN 37-0801477 Form 990 (PDF) Claim this org

Pi Tau Sigma

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Recognizes and supports mechanical engineers for their ability, scholarship, and future success. For fiscal year 2025 it reported $87K in revenue, $96K in expenses, and $1.3M in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Ruston, LA
Website
www.pitausigma.net
Filings
6 on file (2020–2025)
Revenue
$87KFY2025
Expenses
$96K
Net assets
$1.3M
People
8
Filings
6
Updates
0
More identity details & actions ⌄
EIN  37-0801477 Public charity (501(c)(3)) Ruston, LA
Form 990 (PDF)
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Size
$100K–1M
What they do
Recognizes and supports mechanical engineers for their ability, scholarship, and future success.
Leadership
Bogdan Epureanu · Vice Preside
Money in and out
$87K revenue, $96K expenses
Bottom line
76% program efficiency
Where the money goes · FY2025
Total revenue
$87K
Pt VIII · Ln 12
Total expenses
$96K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$9K
Where spending went · Part IX cols B–D
Program services $0.76 Management & general $0.24
Program efficiency
76%
of spending reaches programs▼ -22% vs prior filing year
Operating runway
160.1mo
months of highly liquid reserves at operating expense rate▲ +1% vs prior filing year
Surplus margin
-10%
revenue over expenses, this year▼ -219% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$87K
FY2025▼ -13%
Expenses
$96K
FY2025▲ +5%
Total assets
$1.3M
FY2025▲ +5%
Total liabilities
$0
FY2025
Total revenue
$87K
Pt VIII · Ln 12
Total expenses
$96K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$9K
Total assetsPt X · Ln 16$1.3M
Program-expense ratioPt IX · col B76%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

2 program services account for $73K of program spending, described in the organization's own filed words · FY2024.
01

National office processing of memberships, printing of certificates, recognitions, maintenance of chapter membership documentation.

$38Kprogram expense
02

Annual convention annual meeting of chapters to vote on financial matters and other business items, award recognitions, reporting on national matters affecting membership.

$35Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPi Tau Sigma
EINHdr · item D37-0801477
Principal addressHdr · item CRuston, LA
WebsiteHdr · item Jwww.pitausigma.net
Year of formationHdr · item Lpending
State of legal domicileHdr · item MLA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFNov 1966

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Vice Preside
$0Pt VII · Sec A
Ad Hoc Board
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Ad Hoc Vice
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary/Tr
$0Pt VII · Sec A

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

NameFY2022FY2021FY2020
Gregory Michna$19,200$19,200$3,200

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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Statement of Revenue

Part VIII
Contributions & grants$50K · 58%
Investment income$37K · 42%
Contributions & grants58%$50K
Investment income42%$37K
Total revenueLn 12$87K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.76 Management & general $0.24
Program services76%$73K
Management & general24%$23K
Total functional expensesLn 25$96K

Balance Sheet

Part X · end of year
CashLn 1$1.3M
Total assetsLn 16$1.3M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.3M
Months of cash on handcomputed160.1

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.3M · Operating expenses/yr $96K
160.1 months
Where the money goes
Program services
Program services $73K · Total expenses $96K
76%
Management & General
Management & general $23K · Total expenses $96K
24%
Fundraising
Fundraising $0 · Total expenses $96K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $52K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $50K · Total revenue $87K
58%
Government reliance
Government grants — · Total revenue $87K
Earned-income share
Program service revenue $0 · Total revenue $87K
0%
Investment reliance
Investment income $37K · Total revenue $87K
+42%
Program self-sufficiency
Program service revenue $0 · Total expenses $96K
0%
Growth & trend
Revenue growth (YoY)
This year $87K · Prior year $100K
-13%
Revenue CAGR
FY2019 $95K · FY2024 $87K
-2%
Net-asset trend (YoY)
End of year $1.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $87K · Expenses $96K
-10%
Liabilities-to-Assets
Total liabilities — · Total assets $1.3M
Net-asset ratio
Net assets $1.3M · Total assets $1.3M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.3M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Bogdan Epureanu · Reported title VICE PRESIDE · Highest reported compensation $0 · Total expenses $96K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $20K · Total expenses $96K
21%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 76%
Overhead ratio 24%
Fundraising cost ratio 0%
Revenue growth -13%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$87K revenue · viewing · ⤓ 990 PDF
FY2024$100K revenue · ⤓ 990 PDF
FY2023$93K revenue · ⤓ 990 PDF
FY2022$95K revenue · ⤓ 990 PDF
FY2021$96K revenue · ⤓ 990 PDF
FY2020$95K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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