Phi Sigma Sigma
EIN: 271836924 · Eldersburg, MD
| Metric | Value |
|---|---|
| Total Revenue | $278K |
| Total Expenses | $169K |
| Net Assets | $439 |
Is Phi Sigma Sigma Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Phi Sigma Sigma
Phi Sigma Sigma (EIN: 271836924) is a nonprofit organization based in Eldersburg, MD. The organization reported total revenue of $278K and total assets of $77K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Phi Sigma Sigma's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Phi Sigma Sigma is a small nonprofit that has been operating for 80 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $156K |
| Total Expenses | $169K |
| Surplus / Deficit | $-13,383 |
| Total Assets | $439 |
| Net Assets | $439 |
| Operating Margin | -8.6% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2024, Phi Sigma Sigma reported a deficit of $13K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 14 years of filings (2011–2024), Phi Sigma Sigma's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +3.9% | +21.0% | -96.8% |
| 2023 | +9.7% | -5.7% | +275.1% |
| 2022 | +2027.5% | +529.5% | -75.8% |
| 2021 | -95.0% | -77.4% | -52.9% |
| 2020 | -19.3% | -44.5% | +363.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Phi Sigma Sigma has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Phi Sigma Sigma with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $13K, with expenses exceeding revenue.
Frequently Asked Questions about Phi Sigma Sigma
Is Phi Sigma Sigma a legitimate charity?
Based on AI analysis of IRS 990 filings, Phi Sigma Sigma (EIN: 271836924) insufficient data. 0 red flags identified, 0 strengths noted.
How does Phi Sigma Sigma spend its money?
Detailed spending breakdown data is not yet available for Phi Sigma Sigma. Check back for updated IRS 990 analysis.
Are donations to Phi Sigma Sigma tax-deductible?
Phi Sigma Sigma is registered as a tax-exempt nonprofit (EIN: 271836924). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Phi Sigma Sigma located?
Phi Sigma Sigma is headquartered in Eldersburg, Maryland and files with the IRS under EIN 271836924.
How many years of IRS 990 filings does Phi Sigma Sigma have?
Phi Sigma Sigma has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $278K in total revenue.
Filing History
IRS 990 filing history for Phi Sigma Sigma showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Phi Sigma Sigma's revenue has grown by 39%, moving from $112K to $156K. Total assets decreased by 89.3% over the same period, from $4K to $439. Total functional expenses rose by 26.1%, from $134K to $169K. In its most recent filing year (2024), Phi Sigma Sigma reported a deficit of $13K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $156K | $169K | $439 | $0 | — | — |
| 2023 | $150K | $140K | $14K | $0 | — | View 990 |
| 2022 | $137K | $148K | $4K | $0 | — | View 990 |
| 2021 | $6K | $24K | $15K | $0 | — | View 990 |
| 2020 | $130K | $104K | $32K | $0 | — | — |
| 2019 | $161K | $188K | $7K | $0 | — | View 990 |
| 2018 | $212K | $210K | $34K | $0 | — | View 990 |
| 2017 | $229K | $223K | $31K | $0 | — | View 990 |
| 2016 | $206K | $205K | $25K | $0 | — | View 990 |
| 2015 | $170K | $160K | $24K | $0 | — | View 990 |
| 2014 | $141K | $138K | $15K | $0 | — | View 990 |
| 2013 | $143K | $145K | $11K | $0 | — | View 990 |
| 2012 | $148K | $140K | $12K | $0 | — | View 990 |
| 2011 | $112K | $134K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $156K, expenses of $169K, and assets of $439 (revenue +3.9% year-over-year).
- 2023: Revenue of $150K, expenses of $140K, and assets of $14K (revenue +9.7% year-over-year).
- 2022: Revenue of $137K, expenses of $148K, and assets of $4K (revenue +2027.5% year-over-year).
- 2021: Revenue of $6K, expenses of $24K, and assets of $15K (revenue -95.0% year-over-year).
- 2020: Revenue of $130K, expenses of $104K, and assets of $32K (revenue -19.3% year-over-year).
- 2019: Revenue of $161K, expenses of $188K, and assets of $7K (revenue -24.3% year-over-year).
- 2018: Revenue of $212K, expenses of $210K, and assets of $34K (revenue -7.5% year-over-year).
- 2017: Revenue of $229K, expenses of $223K, and assets of $31K (revenue +11.5% year-over-year).
- 2016: Revenue of $206K, expenses of $205K, and assets of $25K (revenue +21.3% year-over-year).
- 2015: Revenue of $170K, expenses of $160K, and assets of $24K (revenue +19.8% year-over-year).
- 2014: Revenue of $141K, expenses of $138K, and assets of $15K (revenue -1.2% year-over-year).
- 2013: Revenue of $143K, expenses of $145K, and assets of $11K (revenue -3.3% year-over-year).
- 2012: Revenue of $148K, expenses of $140K, and assets of $12K (revenue +32.0% year-over-year).
- 2011: Revenue of $112K, expenses of $134K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Phi Sigma Sigma:
Data Sources and Methodology
This transparency report for Phi Sigma Sigma is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.