Sigma Phi Epsilon Fraternity FY2024 filing

Not tax-deductible

Tuscaloosa, AL501(c)(7)EIN 81-2277045

This page gets seen. Tell your story. Claim this org.

Undergraduate chapter of a national collegiate social Fraternity.

Mission: Form 990 Part I, line 1

Before you give

FY2024 · 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 5
filings with a surplus
Average surplus $19K a year · 2% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.9 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
−$450
-0.5% of total assets
Looks good: liabilities are -0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.3M
+8% vs prior year
Spent
$1.2M
To programs
0%
Net assets
$98K
By yearFY2021–FY2025
Revenue
$1.3M
FY2024▲ +8%
Revenue by fiscal year
FY2021$761K
FY2022$1.1M
FY2023$1.2M
FY2024$1.3M
FY2025$1.3M
Expenses
$1.2M
FY2024▲ +7%
Expenses by fiscal year
FY2021$777K
FY2022$1.0M
FY2023$1.1M
FY2024$1.2M
FY2025$1.3M
Net assets
$98K
FY2024▲ +74%
Net assets by fiscal year
FY2021$9K
FY2022$27K
FY2023$56K
FY2024$98K
FY2025$104K

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

Give 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 Jan 1941.

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

Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Vp-Finance
$0Pt VII · Sec A
VP - Learnin
$0Pt VII · Sec A
VP - Program
$0Pt VII · Sec A
VP - Recruit
$0Pt VII · Sec A
VP - Member
$0Pt VII · Sec A
$0Pt VII · Sec A
VP - Communi
$0Pt VII · Sec A
President
$0Pt VII · Sec A
See Sigma Phi Epsilon Fraternity executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

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

Provides a social and leadership development experience for college men.

Provided by the organization

Know this organization? Claim it to add your story

1 program · in their own filed words · FY2023
01

Provide meals, housing, and chapter activities for undergraduate chapter of collegiate social fraternity.

Pt IX · col B

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 2 grants · $33K · 2022–2023

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.3M
Ln 12
Fees for servicesLn 2g$1.2M
Other incomeLn 4–11$11K
Gifts and grantsLn 1h$4K
Money outPt IX
$1.2M
Ln 25
Owns and owesPt X
$98K
net assets · Ln 32
Cash and savingsLn 1–2$94K
Total assetsLn 16$98K
LiabilitiesLn 26−$450
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4K
Fees for servicesLn 2g$1.2M
Investment incomeLn 3$35
Other incomeLn 4–11$11K
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
CashLn 1$94K
Cash and savings togetherLn 1–2$94K
Total assetsLn 16$98K
LiabilitiesLn 26−$450
Net assetsLn 32$98K
OperationsPt I, VI
EmployeesI 50
VolunteersI 68
Fiscal year endsHeaderJune
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$56K$94K
Total assetsLn 16$56K$98K
LiabilitiesLn 26$0−$450
Net assetsLn 32$56K$98K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$15K
Other salaries and wagesLn 7$17K
Accounting feesLn 11c$15K
Office expensesLn 13$41
OccupancyLn 16$385K
Other expenses (24a–d)Ln 24$646K
All other expensesLn 24e$145K
Total functional expensesLn 25$1.2M$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.3M$1.3M$6K$104K 990 PDF
FY2024 Viewing $1.3M$1.2M$42K$98K 990 PDF
FY2023 $1.2M$1.1M$30K$56K 990 PDF
FY2022 $1.1M$1.0M$34K$27K 990 PDF
FY2021 $761K$777K−$16K$9K 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 (4 parts)
Part VIII · Statement of revenue $1,264,415 across 6 lines filed
Lines not itemized here account for $8,117 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$4,021
VIII-1h Total contributions, gifts and grants$4,021
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,241,541$1,241,541
VIII-3 Investment incomeUnrelated business $35$35
VIII-8 Net income from fundraising events$10,701
VIII-12 Total revenueRelated to mission $1,249,658 · Unrelated business $35$1,264,415
Part IX · Statement of functional expenses $1,222,728 across 7 lines filed
IX-1 Grants to domestic organizations$14,585
IX-7 Other salaries and wages$16,796
IX-11c Accounting fees$15,069
IX-13 Office expenses$41
IX-16 Occupancy$385,438
IX-24 Other expenses (24a–d)$646,002
IX-24e All other expenses$144,797
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$1,222,728
Part X · Balance sheet $97,660 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $56,423$93,910
X-9 Prepaid expenses and deferred charges$3,750
X-16 Total assetsStart of year $56,423$97,660
X-19 Deferred revenue−$450
X-26 Total liabilitiesStart of year $0−$450
X-27 Net assets without donor restrictionsStart of year $56,423$98,110
X-32 Total net assets or fund balancesStart of year $56,423$98,110
X-33 Total liabilities and net assetsStart of year $56,423$97,660
Part XI · Reconciliation of net assets $98,110 net assets at year end
XI-1 Total revenue$1,264,415
XI-2 Total expenses$1,222,728
XI-3 Revenue less expenses$41,687
XI-4 Net assets at start of year$56,423
XI-10 Net assets at end of year$98,110

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.