Quick charity verification for Sigma Alpha Mu Fraternity Inc (EIN: 131306360)
Verdict: Sigma Alpha Mu Fraternity Inc shows mixed signals
65/100Mission Score
$2.8MRevenue
$8.3MAssets
2Red Flags
3Strengths
Red Flags
Recurring operational deficits, with expenses exceeding revenue in multiple recent periods (e.g., 202305, 202005, 201905).
Significant liabilities relative to assets, with liabilities at $3,927,195 against assets of $7,985,659 in 202305, indicating a substantial portion of assets are offset by obligations.
Strengths
Strong asset base, consistently maintaining over $7 million in assets, providing financial stability.
Consistent reporting of 0% officer compensation, indicating either volunteer leadership or transparent reporting of no direct officer pay.
Relatively stable revenue streams over the past decade, generally around $2 million annually.
Spending Breakdown
How Sigma Alpha Mu Fraternity Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Sigma Alpha Mu Fraternity Inc
Is Sigma Alpha Mu Fraternity Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sigma Alpha Mu Fraternity Inc (EIN: 131306360) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
Is Sigma Alpha Mu Fraternity Inc a good charity to donate to?
Sigma Alpha Mu Fraternity Inc has a Mission Score of 65/100. Revenue: $2.8M. Assets: $8.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sigma Alpha Mu Fraternity Inc?
The Employer Identification Number (EIN) for Sigma Alpha Mu Fraternity Inc is 131306360. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Sigma Alpha Mu Fraternity Inc spend its money?
Sigma Alpha Mu Fraternity Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sigma Alpha Mu Fraternity Inc's tax-exempt status?
You can verify Sigma Alpha Mu Fraternity Inc's tax-exempt status using EIN 131306360 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Sigma Alpha Mu Fraternity Inc. demonstrates a consistent operational pattern with revenues generally fluctuating around $2 million annually. In the most recent filing (202305), the organization reported revenues of $1,830,393 against expenses of $2,158,081, indicating a deficit for that period. This trend of expenses exceeding revenue has been observed in several past periods, such as 202005 and 201905, suggesting a need for closer monitoring of financial sustainability. Despite these operational deficits, the organization maintains substantial assets, reported at $7,985,659 in 202305, which provides a buffer. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that executive compensation is not reported in this section of the 990, which would require further investigation to confirm. Overall, while the organization has a solid asset base, its recurring operational deficits warrant attention to ensure long-term financial health.