Sigma Sigma Sigma Foundation

Chapel Hill, NC · Public charity (501(c)(3)) · Since 1984

✓ Tax-deductible
Revenue
$1.0M
-20% vs prior year
Spent
$1.0M
To programs
49%
Net assets
$3.0M
By yearFY2020–FY2024
Revenue
$1.0M
FY2024▼ -20%
Revenue by fiscal year
FY2020$858K
FY2021$936K
FY2022$1.1M
FY2023$818K
FY2024$1.3M
FY2024$1.0M
Expenses
$1.0M
FY2024▲ +8%
Expenses by fiscal year
FY2020$735K
FY2021$753K
FY2022$822K
FY2023$891K
FY2024$931K
FY2024$1.0M
Net assets
$3.0M
FY2024▲ +6%
Net assets by fiscal year
FY2020$2.0M
FY2021$2.3M
FY2022$2.4M
FY2023$2.3M
FY2024$2.8M
FY2024$3.0M

From the FY2024 Form 990 · see the original

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CSigma Sigma Sigma Foundation
EINHdr · item D52-1370798
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFFeb 1985
Year of formationHdr · item L1984
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CChapel Hill, NC
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwww.trisigmafoundation.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.49 Management & general $0.33 Fundraising $0.18
Program services49%$492K
Management & general33%$332K
Fundraising18%$185K
Total functional expensesLn 25$1.0M

Financial health

Is it on solid ground?

Program efficiency
49%
of spending reaches programs▲ +5% vs prior filing year
Operating runway
30.5mo
months of highly liquid reserves at operating expense rate▼ -7% vs prior filing year
Surplus margin
+3%
revenue over expenses, this year▼ -88% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$3.1M
FY2024▲ +3%
Total assets by fiscal year
FY2020$2.0M
FY2021$2.4M
FY2022$2.4M
FY2023$2.7M
FY2024$3.0M
FY2024$3.1M
Total liabilities
$105K
FY2024▼ -41%
Total liabilities by fiscal year
FY2020$50K
FY2021$124K
FY2022$86K
FY2023$316K
FY2024$176K
FY2024$105K
Revenue less expensesPt I · Ln 19$36K
Total assetsPt X · Ln 16$3.1M
Program-expense ratioPt IX · col B49%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 415

Balance Sheet

Part X · end of year
CashLn 1$339K
Total assetsLn 16$3.1M
Total liabilitiesLn 26$105K
Total net assetsLn 32$3.0M
Months of cash on handcomputed4.0

Statement of Revenue

Part VIII
Contributions & grants$971K · 93%
Investment income$74K · 7%
Contributions & grants93%$971K
Investment income7%$74K
Total revenueLn 12$1.0M

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.5M · Operating expenses (Pt IX) $1.0M · Less non-cash grants $44K · Cash operating expenses/yr $964K
30.5 months
Where the money goes
Program services
Program services $492K · Total expenses $1.0M
49%
Management & General
Management & general $332K · Total expenses $1.0M
33%
Fundraising
Fundraising $185K · Total expenses $1.0M
18%
Cost to raise $1
Fundraising expense (3-yr avg) $182K · Solicited contributions (3-yr avg) $994K
$0.18 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $971K · Total revenue $1.0M
93%
Government reliance
Government grants — · Total revenue $1.0M
—
Earned-income share
Program service revenue $0 · Total revenue $1.0M
0%
Investment reliance
Investment income $74K · Total revenue $1.0M
+7%
Program self-sufficiency
Program service revenue $0 · Total expenses $1.0M
0%
Growth & trend
Revenue growth (YoY)
This year $1.0M · Prior year $1.3M
-20%
Revenue CAGR
FY2019 $858K · FY2024 $1.0M
+4%
Net-asset trend (YoY)
End of year $3.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.0M · Expenses $1.0M
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $3.1M
—
Net-asset ratio
Net assets $3.0M · Total assets $3.1M
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2.1M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $3.1M
68%
People & payroll
Highest Reported Total Compensation
Individual Shelly Bateman · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $120K · Total expenses $1.0M
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $469K · Total expenses $1.0M
47%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 49%——
Overhead ratio 33%——
Fundraising cost ratio 19%——
Revenue growth -20%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$120,400Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Meghan Paden——$113,573$128,070$112,800$117,800
Shelly Bateman$120,400$115,931$24,650———

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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Governance & Policies

Part VI
  • 15Voting board membersPt VI · Ln 1a
  • 15Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Funds women's leadership training, scholarships, and children's therapy programs.

Provided by the organization

This section is blank until Sigma Sigma Sigma Foundation claims this page.

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Mission & Programs · Part III

Where the work happens

3 program services account for $393K of program spending, described in the organization's own filed words · FY2024.
01

Established to provide structured educational leadership development programming designed to enhance personal, professional, and civic leadership skills for women.

$192Kprogram expense
02

Awarding merit-based and needs based academic scholarships to undergraduate and graduate women affiliated with sigma sigma sigma. Destination sigma: educational scholarships supporting participation in structured leadership development programming.

$128Kprogram expense
03

Established for the purpose of awarding grants supporting child life therapy and pediatric healthcare services through programmatic support provided through hospitals and community healthcare providers.

$74Kprogram expense

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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 · FY2024
See all 5 funders →
Grants paid · 17 grants · $617K · 2019–2024
Sigma Sigma Sigma SororityNC · FY2024$81,500
Unitemized GrantFY2024$41,100
March of Dimes INCVA · FY2024$23,090
Unitemized GrantFY2024$12,280
Unitemized GrantFY2023$54,400
Sigma Sigma Sigma SororityNC · FY2023$42,342
Lourdes Foundation INCLA · FY2023$16,882
March of Dimes INCVA · FY2023$15,844
Adventhealth Foundation INCFL · FY2023$14,707
Unitemized GrantFY2022$57,305
Unitemized GrantFY2021$60,460
Unitemized GrantFY2020$44,050
March of Dimes INCVA · FY2020$38,489
Sigma Sigma Sigma SororityNC · FY2020$19,070
March of Dimes INCVA · FY2019$38,021
Unitemized GrantFY2019$32,350
Sigma Sigma Sigma SororityNC · FY2019$25,000

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 $1.3M$931K+61% 990 PDF
FY2023 $818K$891K-24% 990 PDF
FY2022 $1.1M$822K+16% 990 PDF
FY2021 $936K$753K+9% 990 PDF
FY2020 $858K$735K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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