Lack of detailed expense breakdown in provided data makes full spending efficiency assessment difficult.
Strengths
Consistent financial stability with revenues generally covering expenses.
Healthy asset base with assets consistently exceeding liabilities, often reporting $0 liabilities.
No reported officer compensation, indicating efficient use of funds for mission-related activities.
Consistent asset growth over the years, from $38,568 in 2011 to $83,478 in 2017.
Spending Breakdown
How Sigma Phi Epsilon 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 Phi Epsilon Fraternity Inc
Is Sigma Phi Epsilon Fraternity Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sigma Phi Epsilon Fraternity Inc (EIN: 20612514) appears trustworthy. Mission Score: 75/100. 1 red flag identified, 4 strengths noted.
Is Sigma Phi Epsilon Fraternity Inc a good charity to donate to?
Sigma Phi Epsilon Fraternity Inc has a Mission Score of 75/100. Revenue: $157K. Assets: $83K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sigma Phi Epsilon Fraternity Inc?
The Employer Identification Number (EIN) for Sigma Phi Epsilon Fraternity Inc is 20612514. 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 Phi Epsilon Fraternity Inc spend its money?
Sigma Phi Epsilon 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 Phi Epsilon Fraternity Inc's tax-exempt status?
You can verify Sigma Phi Epsilon Fraternity Inc's tax-exempt status using EIN 20612514 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 Phi Epsilon Fraternity Inc. demonstrates consistent financial activity with revenues generally in the $150,000-$190,000 range over the past several years. The organization maintains a healthy asset base, with assets consistently exceeding liabilities, often reporting zero liabilities, indicating good financial stability. For example, in 2017, assets were $83,478 with $0 liabilities. However, without detailed expense breakdowns from the provided data, it's challenging to fully assess spending efficiency across programs, administration, and fundraising. The absence of reported officer compensation across all filings suggests either a volunteer-led executive structure or compensation is below reporting thresholds, which can be a positive indicator for donor funds being directed towards the mission rather than high salaries.
The organization's financial health appears stable, with revenues generally covering expenses, though some years show expenses slightly exceeding revenue (e.g., 2016 with $195,735 expenses against $189,766 revenue). This fluctuation is not uncommon for smaller organizations but warrants attention to ensure long-term sustainability. The consistent asset growth from $38,568 in 2011 to $83,478 in 2017, while not dramatic, shows prudent financial management and accumulation of reserves. The lack of detailed program spending information in the provided summary limits a comprehensive assessment of program efficiency and impact, which is a key aspect of transparency for donors.
Overall, Sigma Phi Epsilon Fraternity Inc. appears to be a financially stable organization with a consistent revenue stream and healthy asset-to-liability ratio. The absence of reported officer compensation is a positive sign for resource allocation. However, a more detailed breakdown of expenses would be necessary to fully evaluate spending efficiency and program effectiveness, which is crucial for complete transparency.