Sigep Lead Fund FY2024 filing

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The organization will advance the mission of sigma phi epsilon fraternity of "building balanced men" by developing and providing educational programs that help prepare undergraduate men for success throughout and after college. Lead is an acronym for lifelong enrichment, achievement and development.

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
$490K 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 $86K a year · 4% 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
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$490K
to officers and key staff · 15% of spending
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
<1 mo
of spending, in cash
Concern: 0.3 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1.6M
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$328K
47% of total assets
Looks good: liabilities are 47% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.4M
+108% vs prior year
Spent
$3.4M
To programs
94%
Net assets
$377K
By yearFY2020–FY2025
Revenue
$3.4M
FY2024▲ +108%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.9M
FY2021$680K
FY2022$2.2M
FY2023$1.6M
FY2024$3.4M
FY2025$2.1M
Expenses
$3.4M
FY2024▲ +108%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.3M
FY2021$680K
FY2022$2.2M
FY2023$1.6M
FY2024$3.4M
FY2025$2.1M
Net assets
$377K
FY20240%
Tap a bar for its year
Net assets by fiscal year
FY2020$377K
FY2021$377K
FY2022$377K
FY2023$377K
FY2024$377K
FY2025$377K

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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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 Jul 2013.

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

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $3.2M Management & general 6% · $187K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990; $490K 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
$119,930Pt VII · Sec A
$95,231Pt VII · Sec A
$73,844Pt VII · Sec A
$63,550Pt VII · Sec A
$62,307Pt VII · Sec A
$47,445Pt VII · Sec A
Director
$27,646Pt VII · Sec A
$0Pt VII · Sec A

Stacy Nicodemus’s $120K as Secretary is at the 45th percentile of top reported officer pay among 3395 $1–10M education 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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Stacy Nicodemus$119,930$92,636$81,116$77,188$83,000
Brian Tenclinger$95,231$80,760———
Jason Halterman$73,844————
Laura Curzi——$72,976$66,978$64,210
Patrick Githens$63,550$57,181$57,723——
Kate Fontaine$62,307$62,308———
Tim S Laboy-Coparropa———$52,317$50,692
Tiffany Noyes$47,445————

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.

See Sigep Lead Fund executive salaries →

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 15aYes

Programs and updates

Develops college students into impactful leaders through relevant education.

Questions for Sigep Lead Fund

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Your first name shows with your question. Sigep Lead Fund answers here, for everyone.

2 programs · $3.2M · in their own filed words · FY2023
01

Carlson Leadership Academies

This program is designed for personal leadership development, focused on gaining the skills to help members inspire brothers, manage committees and follow through on GOALS.RUCK leadership institute: this program is sigep's landmark leadership program for undergraduates.

$2.2Mprogram expense
02

Balanced Man Program

This program is available to all fraternity members and is exactly what undergraduate men need - a continuous development experience focused on scholarship, leadership and life skills that compliment a university's classroom CURRICULUM.CAREER coaching: the program matches an undergraduate member with an alumni career coach based on their…

$987Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$1.6M

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$3.4M
Ln 12
Gifts and grantsLn 1h$2.2M
Fees for servicesLn 2g$1.2M
Other incomeLn 4–11$5K
Money outPt IX
$3.4M
Ln 25
Programscol B$3.2M
Managementcol C$187K
Owns and owesPt X
$377K
net assets · Ln 32
Cash and savingsLn 1–2$91K
Total assetsLn 16$705K
LiabilitiesLn 26$328K
PeoplePt VI, VII
10
listed · VII A
PaidVII A7
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.2M
Fees for servicesLn 2g$1.2M
Other incomeLn 4–11$5K
Total revenueLn 12$3.4M
Assets in detailPt X, end of year
CashLn 1$91K
Cash and savings togetherLn 1–2$91K
Accounts receivableLn 4$63K
Prepaid expenses and deferred chargesLn 9$39K
Land, buildings, equipmentLn 10c$87K
Other assetsLn 15$424K
Total assetsLn 16$705K
LiabilitiesLn 26$328K
Net assetsLn 32$377K
OperationsPt I, VI
EmployeesI 50
VolunteersI 61,166
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
BondsSch K, Pt X
Tax-exempt bond debt owedX 20$190K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$188K$91K
Land, buildings, equipmentLn 10c$187K$87K
Total assetsLn 16$1.3M$705K
LiabilitiesLn 26$924K$328K
Net assetsLn 32$377K$377K
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$578K$578K
Other employee benefitsLn 9$53K$53K
Payroll taxesLn 10$43K$43K
Legal feesLn 11b$250$250
Accounting feesLn 11c$15K$15K
Advertising and promotionLn 12$15K$15K
Office expensesLn 13$27K$27K
Information technologyLn 14$2K$2K
TravelLn 17$823K$823K
Conferences, conventions and meetingsLn 19$6K$6K
Depreciation, depletion and amortizationLn 22$100K$100K
Other expenses (24a–d)Ln 24$1.7M$1.6M$121K
All other expensesLn 24e$7K$7K
Total functional expensesLn 25$3.4M$3.2M$187K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 8, 2026 $2.1M$2.1M$0$377K 990 PDF
FY2024 ViewingFiled with the IRS Apr 30, 2025 $3.4M$3.4M$0$377K 990 PDF
FY2023Filed with the IRS Apr 29, 2024 $1.6M$1.6M$0$377K 990 PDF
FY2022Filed with the IRS Mar 13, 2023 $2.2M$2.2M$0$377K 990 PDF
FY2021Filed with the IRS May 13, 2022 $680K$680K$0$377K 990 PDF
FY2020Filed with the IRS May 17, 2021 $2.9M$2.3M$515K$377K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $3,375,788 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,289,617$2,180,620
I-9 Program service revenuePrior year $331,498$1,190,168
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$5,000
I-12 Total revenuePrior year $1,621,115$3,375,788
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $512,722$673,795
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,108,393$2,701,993
I-18 Total expensesPrior year $1,621,115$3,375,788
I-19 Revenue less expensesPrior year $0$0
Part VI · Governance 9 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,375,788 across 5 lines filed
VIII-1d Related organizations$2,180,620
VIII-1h Total contributions, gifts and grants$2,180,620
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,190,168$1,190,168
VIII-5 RoyaltiesExcluded from tax $5,000$5,000
VIII-12 Total revenueRelated to mission $1,190,168 · Unrelated business $0 · Excluded from tax $5,000$3,375,788
Part IX · Statement of functional expenses $3,375,788 across 13 lines filed
IX-7 Other salaries and wagesPrograms $577,612$577,612
IX-9 Other employee benefitsPrograms $53,027$53,027
IX-10 Payroll taxesPrograms $43,156$43,156
IX-11b Legal feesManagement $250$250
IX-11c Accounting feesManagement $14,675$14,675
IX-12 Advertising and promotionManagement $15,459$15,459
IX-13 Office expensesManagement $26,569$26,569
IX-14 Information technologyManagement $1,784$1,784
IX-17 TravelPrograms $822,719$822,719
IX-19 Conferences, conventions and meetingsPrograms $6,363$6,363
IX-22 Depreciation, depletion and amortizationPrograms $99,859$99,859
IX-24 Other expenses (24a–d)Programs $1,586,354 · Management $120,723$1,707,077
IX-24e All other expensesManagement $7,238$7,238
IX-25 Total functional expensesPrograms $3,189,090 · Management $186,698 · Fundraising $0$3,375,788
Part X · Balance sheet $705,153 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $187,933$91,106
X-4 Accounts receivableStart of year $482$63,491
X-9 Prepaid expenses and deferred chargesStart of year $179,738$38,869
X-10c Land, buildings and equipment, netStart of year $187,184$87,326
X-15 Other assetsStart of year $745,634$424,361
X-16 Total assetsStart of year $1,300,971$705,153
X-17 Accounts payable and accrued expensesStart of year $133,133$138,465
X-20 Tax-exempt bond liabilitiesStart of year $790,775$189,625
X-26 Total liabilitiesStart of year $923,908$328,090
X-27 Net assets without donor restrictionsStart of year $377,063$377,063
X-32 Total net assets or fund balancesStart of year $377,063$377,063
X-33 Total liabilities and net assetsStart of year $1,300,971$705,153
Part XI · Reconciliation of net assets $377,063 net assets at year end
XI-1 Total revenue$3,375,788
XI-2 Total expenses$3,375,788
XI-3 Revenue less expenses$0
XI-4 Net assets at start of year$377,063
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$377,063

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

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