Sigma Nu Fraternity FY2021 filing

Not tax-deductible

Lawrence, KS501(c)(7)EIN 48-0417720

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Undergraduate chapter of a national collegiate social Fraternity.

Mission: Form 990 Part I, line 1

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
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
No
Donations are not tax-deductible
Worth a look: the IRS does not list 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
4 of 6
filings with a surplus
Average surplus $445K a year · 33% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 2.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$378K
34% of total assets
Looks good: liabilities are 34% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 4 voting members
Concern: none of 4 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$678K
-12% vs prior year
Spent
$692K
To programs
0%
Net assets
$718K
By yearFY2020–FY2025
Revenue
$678K
FY2021▼ -12%
Revenue by fiscal year
FY2020$769K
FY2021$678K
FY2022$831K
FY2023$927K
FY2024$1.3M
FY2025$3.6M
Expenses
$692K
FY2021▼ -5%
Expenses by fiscal year
FY2020$730K
FY2021$692K
FY2022$794K
FY2023$963K
FY2024$966K
FY2025$1.2M
Net assets
$718K
FY2021▼ -2%
Net assets by fiscal year
FY2020$733K
FY2021$718K
FY2022$755K
FY2023$719K
FY2024$1.0M
FY2025$3.6M

From the FY2021 Form 990 (year ending May 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 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 Dec 1940.

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

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Corp Board T
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
See Sigma Nu Fraternity executive salaries →

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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

Supports college men through brotherhood, leadership, and service programs.

Provided by the organization

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1 program · in their own filed words · FY2020
01

To provide meals and housing to the local members of the national collegiate social fraternity and to complement and enhance the educational mission of the university through social, educational, and philanthropic activites.

Pt IX · col B

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$678K
Ln 12
Fees for servicesLn 2g$678K
Money outPt IX
$692K
Ln 25
Owns and owesPt X
$718K
net assets · Ln 32
Cash and savingsLn 1–2$114K
Total assetsLn 16$1.1M
LiabilitiesLn 26$378K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$678K
Total revenueLn 12$678K
Assets in detailPt X, end of year
CashLn 1$114K
Cash and savings togetherLn 1–2$114K
Land, buildings, equipmentLn 10c$982K
Total assetsLn 16$1.1M
LiabilitiesLn 26$378K
Net assetsLn 32$718K
OperationsPt I, VI
EmployeesI 51
VolunteersI 619
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$139K$114K
Land, buildings, equipmentLn 10c$1.0M$982K
Total assetsLn 16$1.2M$1.1M
LiabilitiesLn 26$418K$378K
Net assetsLn 32$733K$718K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$33K
Payroll taxesLn 10$15K
Legal feesLn 11b$2K
Accounting feesLn 11c$17K
Office expensesLn 13$7K
OccupancyLn 16$276K
InterestLn 20$23K
Depreciation, depletion and amortizationLn 22$29K
Other expenses (24a–d)Ln 24$289K
All other expensesLn 24e$2K
Total functional expensesLn 25$692K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $3.6M$1.2M$2.3M$3.6M 990 PDF
FY2024 $1.3M$966K$328K$1.0M 990 PDF
FY2023 $927K$963K−$36K$719K 990 PDF
FY2022 $831K$794K$37K$755K 990 PDF
FY2021 Viewing $678K$692K−$14K$718K 990 PDF
FY2020 $769K$730K$40K$733K 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 FY2021 990 (5 parts)
Part I · Summary $677,837 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,000$0
I-9 Program service revenuePrior year $768,205$677,837
I-10 Investment incomePrior year $1$0
I-11 Other revenue$0
I-12 Total revenuePrior year $769,206$677,837
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $45,592$47,950
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $684,069$644,181
I-18 Total expensesPrior year $729,661$692,131
I-19 Revenue less expensesPrior year $39,545−$14,294
Part VIII · Statement of revenue $677,837 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $677,837$677,837
VIII-12 Total revenueRelated to mission $677,837$677,837
Part IX · Statement of functional expenses $692,131 across 10 lines filed
IX-7 Other salaries and wages$33,153
IX-10 Payroll taxes$14,797
IX-11b Legal fees$1,920
IX-11c Accounting fees$16,739
IX-13 Office expenses$7,434
IX-16 Occupancy$275,666
IX-20 Interest$22,667
IX-22 Depreciation, depletion and amortization$29,478
IX-24 Other expenses (24a–d)$288,653
IX-24e All other expenses$1,624
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$692,131
Part X · Balance sheet $1,096,501 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $138,599$114,245
X-10c Land, buildings and equipment, netStart of year $1,011,734$982,256
X-16 Total assetsStart of year $1,150,333$1,096,501
X-24 Unsecured notes and loans payableStart of year $417,541$378,003
X-26 Total liabilitiesStart of year $417,541$378,003
X-32 Total net assets or fund balancesStart of year $732,792$718,498
X-33 Total liabilities and net assetsStart of year $1,150,333$1,096,501
Part XI · Reconciliation of net assets $718,498 net assets at year end
XI-1 Total revenue$677,837
XI-2 Total expenses$692,131
XI-3 Revenue less expenses−$14,294
XI-4 Net assets at start of year$732,792
XI-10 Net assets at end of year$718,498

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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