Sigma Alpha Epislon Fraternity
EIN: 50261100 · Lincoln, RI
| Metric | Value |
|---|---|
| Total Revenue | $42K |
| Net Assets | $1.0M |
Is Sigma Alpha Epislon Fraternity Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sigma Alpha Epislon Fraternity
Sigma Alpha Epislon Fraternity (EIN: 50261100) is a nonprofit organization based in Lincoln, RI. The organization reported total revenue of $42K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sigma Alpha Epislon Fraternity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sigma Alpha Epislon Fraternity is a micro nonprofit that has been operating for 24 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -4.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $37K |
| Total Expenses | $-10,455 |
| Surplus / Deficit | +$47K |
| Total Assets | $1.0M |
| Net Assets | $1.0M |
| Operating Margin | 128.6% |
Financial Health Grade: A
In 2024, Sigma Alpha Epislon Fraternity reported a surplus of $47K with revenue exceeding expenses.
Financial Trends
Over 14 years of filings (2011–2024), Sigma Alpha Epislon Fraternity's revenue has declined at a compound annual growth rate (CAGR) of -4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +31.6% | — | +4.8% |
| 2023 | +76.3% | -153.5% | +3.3% |
| 2022 | -39.1% | -48.5% | -35.7% |
| 2021 | -10.5% | -19.3% | +0.8% |
| 2020 | +14.7% | -18.4% | +0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sigma Alpha Epislon Fraternity 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 Sigma Alpha Epislon Fraternity 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:
Frequently Asked Questions about Sigma Alpha Epislon Fraternity
Is Sigma Alpha Epislon Fraternity a legitimate charity?
Sigma Alpha Epislon Fraternity (EIN: 50261100) is a registered tax-exempt nonprofit based in Rhode Island. It has 14 years of IRS 990 filings on record. Total revenue: $42K. No red flags identified. Financial health grade: A.
How does Sigma Alpha Epislon Fraternity spend its money?
Sigma Alpha Epislon Fraternity reported $42K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sigma Alpha Epislon Fraternity tax-deductible?
Sigma Alpha Epislon Fraternity is registered as a tax-exempt nonprofit (EIN: 50261100). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sigma Alpha Epislon Fraternity located?
Sigma Alpha Epislon Fraternity is headquartered in Lincoln, Rhode Island and files with the IRS under EIN 50261100.
How many years of IRS 990 filings does Sigma Alpha Epislon Fraternity have?
Sigma Alpha Epislon Fraternity 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 $42K in total revenue.
Filing History
IRS 990 filing history for Sigma Alpha Epislon Fraternity showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Sigma Alpha Epislon Fraternity's revenue has declined by 40.9%, moving from $62K to $37K. Total assets decreased by 17.9% over the same period, from $1.3M to $1.0M. Total functional expenses fell by 126.4%, from $40K to $-10,455.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $37K | $-10,455 | $1.0M | $0 | — | — |
| 2023 | $28K | $-3,720 | $988K | $0 | — | View 990 |
| 2022 | $16K | $7K | $956K | $0 | — | View 990 |
| 2021 | $26K | $14K | $1.5M | $0 | — | — |
| 2020 | $29K | $17K | $1.5M | $0 | — | View 990 |
| 2019 | $25K | $21K | $1.5M | $0 | — | View 990 |
| 2018 | $22K | $38K | $1.5M | $0 | — | View 990 |
| 2017 | $35K | $18K | $1.5M | $0 | — | View 990 |
| 2016 | $39K | $24K | $1.5M | $0 | — | View 990 |
| 2015 | $87K | $33K | $1.4M | $0 | — | View 990 |
| 2014 | $65K | $29K | $1.4M | $0 | — | View 990 |
| 2013 | $54K | $22K | $1.3M | $0 | — | View 990 |
| 2012 | $59K | $27K | $1.3M | $0 | — | View 990 |
| 2011 | $62K | $40K | $1.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $37K, expenses of $-10,455, and assets of $1.0M (revenue +31.6% year-over-year).
- 2023: Revenue of $28K, expenses of $-3,720, and assets of $988K (revenue +76.3% year-over-year).
- 2022: Revenue of $16K, expenses of $7K, and assets of $956K (revenue -39.1% year-over-year).
- 2021: Revenue of $26K, expenses of $14K, and assets of $1.5M (revenue -10.5% year-over-year).
- 2020: Revenue of $29K, expenses of $17K, and assets of $1.5M (revenue +14.7% year-over-year).
- 2019: Revenue of $25K, expenses of $21K, and assets of $1.5M (revenue +15.1% year-over-year).
- 2018: Revenue of $22K, expenses of $38K, and assets of $1.5M (revenue -37.0% year-over-year).
- 2017: Revenue of $35K, expenses of $18K, and assets of $1.5M (revenue -10.4% year-over-year).
- 2016: Revenue of $39K, expenses of $24K, and assets of $1.5M (revenue -55.6% year-over-year).
- 2015: Revenue of $87K, expenses of $33K, and assets of $1.4M (revenue +34.7% year-over-year).
- 2014: Revenue of $65K, expenses of $29K, and assets of $1.4M (revenue +19.2% year-over-year).
- 2013: Revenue of $54K, expenses of $22K, and assets of $1.3M (revenue -7.7% year-over-year).
- 2012: Revenue of $59K, expenses of $27K, and assets of $1.3M (revenue -4.8% year-over-year).
- 2011: Revenue of $62K, expenses of $40K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sigma Alpha Epislon Fraternity:
Data Sources and Methodology
This transparency report for Sigma Alpha Epislon Fraternity 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.