Sigma Alpha Epsilon Fraternity
Sigma Alpha Epsilon Fraternity maintains low liabilities and no officer compensation, but recent asset decline warrants scrutiny.
EIN: 200726939 · Thibodaux, LA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $156K |
| Total Expenses | $66K |
| Program Spending | 75% |
| Net Assets | $89K |
| Transparency Score | 70/100 |
Is Sigma Alpha Epsilon Fraternity Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sigma Alpha Epsilon Fraternity directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sigma Alpha Epsilon Fraternity
Sigma Alpha Epsilon Fraternity (EIN: 200726939) is a nonprofit organization based in Thibodaux, LA. The organization reported total revenue of $156K and total assets of $17K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sigma Alpha Epsilon Fraternity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sigma Alpha Epsilon Fraternity is a small nonprofit that has been operating for 58 years, with 12 years of IRS 990 filings on record (2012–2022). Revenue has grown at a compound annual rate of 0.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $71K |
| Total Expenses | $66K |
| Surplus / Deficit | +$5K |
| Total Assets | $89K |
| Net Assets | $89K |
| Operating Margin | 6.7% |
| Months of Reserves | 16.2 months |
Financial Health Grade: A
In 2022, Sigma Alpha Epsilon Fraternity reported a surplus of $5K with revenue exceeding expenses, holds 16.2 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2022), Sigma Alpha Epsilon Fraternity's revenue has grown at a compound annual growth rate (CAGR) of 0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -30.6% | -35.2% | +5.6% |
| 2021 | +30.9% | +41.4% | +0.1% |
| 2020 | -46.3% | -38.1% | +7.5% |
| 2019 | +93.3% | +94.2% | +58.4% |
| 2018 | -26.7% | -44.3% | +40.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1968 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sigma Alpha Epsilon Fraternity with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Sigma Alpha Epsilon Fraternity allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that no officers receive compensation from the organization, which is a positive sign for a small entity like this.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Sigma Alpha Epsilon Fraternity's IRS 990 filings:
- Significant decline in assets from $89,038 in 2022 to $16,651 currently without clear explanation.
- Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided data.
Strengths
The following positive indicators were identified for Sigma Alpha Epsilon Fraternity:
- Consistently reports zero liabilities across all filings.
- No officer compensation reported, indicating a volunteer-driven or very lean executive structure.
- Expenses generally align closely with revenue, suggesting efficient use of incoming funds rather than excessive accumulation.
Frequently Asked Questions about Sigma Alpha Epsilon Fraternity
Is Sigma Alpha Epsilon Fraternity a legitimate charity?
Sigma Alpha Epsilon Fraternity (EIN: 200726939) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 70/100. It has 12 years of IRS 990 filings on record. Total revenue: $156K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Sigma Alpha Epsilon Fraternity spend its money?
Sigma Alpha Epsilon Fraternity directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Sigma Alpha Epsilon Fraternity tax-deductible?
Sigma Alpha Epsilon Fraternity is registered as a tax-exempt nonprofit (EIN: 200726939). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sigma Alpha Epsilon Fraternity's spending goes to programs?
Sigma Alpha Epsilon Fraternity directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Sigma Alpha Epsilon Fraternity located?
Sigma Alpha Epsilon Fraternity is headquartered in Thibodaux, Louisiana and files with the IRS under EIN 200726939.
How many years of IRS 990 filings does Sigma Alpha Epsilon Fraternity have?
Sigma Alpha Epsilon Fraternity has 12 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 $156K in total revenue.
Why did the organization's assets decrease significantly from $89,038 in 2022 to $16,651 currently?
The provided data does not offer a specific reason for this substantial decline in assets. Further investigation into the organization's detailed financial statements would be necessary to understand the cause, such as significant expenditures, asset sales, or revaluation.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided IRS 990 summary data only includes total expenses, not a functional breakdown. Without this detail, it's challenging to precisely evaluate spending efficiency across different categories.
How does the organization manage to operate with zero reported officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based or compensated through other means not reported as officer compensation on the 990, which is common for smaller, volunteer-driven entities.
Filing History
IRS 990 filing history for Sigma Alpha Epsilon Fraternity showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2022), Sigma Alpha Epsilon Fraternity's revenue has grown by 2.8%, moving from $69K to $71K. Total assets increased by 176.5% over the same period, from $32K to $89K. Total functional expenses rose by 4.3%, from $63K to $66K. In its most recent filing year (2022), Sigma Alpha Epsilon Fraternity reported a surplus of $5K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $71K | $66K | $89K | $0 | — | View 990 |
| 2021 | $102K | $102K | $84K | $0 | — | View 990 |
| 2020 | $78K | $72K | $84K | $0 | — | View 990 |
| 2019 | $145K | $116K | $78K | $0 | — | View 990 |
| 2018 | $75K | $60K | $49K | $0 | — | View 990 |
| 2018 | $102K | $108K | $35K | $0 | — | View 990 |
| 2017 | $102K | $108K | $35K | $0 | — | — |
| 2016 | $99K | $106K | $40K | $0 | — | View 990 |
| 2015 | $120K | $112K | $47K | $0 | — | View 990 |
| 2014 | $75K | $79K | $39K | $0 | — | View 990 |
| 2013 | $65K | $63K | $34K | $0 | — | View 990 |
| 2012 | $69K | $63K | $32K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $71K, expenses of $66K, and assets of $89K (revenue -30.6% year-over-year).
- 2021: Revenue of $102K, expenses of $102K, and assets of $84K (revenue +30.9% year-over-year).
- 2020: Revenue of $78K, expenses of $72K, and assets of $84K (revenue -46.3% year-over-year).
- 2019: Revenue of $145K, expenses of $116K, and assets of $78K (revenue +93.3% year-over-year).
- 2018: Revenue of $75K, expenses of $60K, and assets of $49K (revenue -26.7% year-over-year).
- 2018: Revenue of $102K, expenses of $108K, and assets of $35K (revenue +0.0% year-over-year).
- 2017: Revenue of $102K, expenses of $108K, and assets of $35K (revenue +3.4% year-over-year).
- 2016: Revenue of $99K, expenses of $106K, and assets of $40K (revenue -17.4% year-over-year).
- 2015: Revenue of $120K, expenses of $112K, and assets of $47K (revenue +59.4% year-over-year).
- 2014: Revenue of $75K, expenses of $79K, and assets of $39K (revenue +16.0% year-over-year).
- 2013: Revenue of $65K, expenses of $63K, and assets of $34K (revenue -5.8% year-over-year).
- 2012: Revenue of $69K, expenses of $63K, and assets of $32K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sigma Alpha Epsilon Fraternity:
Data Sources and Methodology
This transparency report for Sigma Alpha Epsilon 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.