Sigma Alpha Sorority Educational Foundation
Sigma Alpha Sorority Educational Foundation shows fluctuating finances with no officer compensation.
EIN: 203449981 · Hampton, IA · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9K |
| Total Expenses | $35K |
| Program Spending | 80% |
| Net Assets | $110K |
| Transparency Score | 75/100 |
Search Intent Cockpit
Sigma Alpha Sorority Educational Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Sigma Alpha Sorority Educational Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Sigma Alpha Sorority Educational Foundation in one place.
Form 990 Filing Summary
11 filing years are available, with latest revenue of $20K and expenses of $35K.
Revenue and Expenses
Sigma Alpha Sorority Educational Foundation reported $20K in revenue and $35K in expenses, a deficit of $15K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
75/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.
Is Sigma Alpha Sorority Educational Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $28K (80%) |
Across stored filings, Sigma Alpha Sorority Educational Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade B | 11 stored filing years |
| Peer context | Compare with Latinas Unidas Por Un Nuevo Amanecer | Iowa and Education context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Local and Sector Spokes
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Hampton, IA nonprofitsEducation in Iowa
Education in Iowa
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Jump into spending, compensation, rankings, and filing-year evidence.
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Keep the Investigation Moving
Sigma Alpha Sorority Educational Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sigma Alpha Sorority Educational Foundation
Sigma Alpha Sorority Educational Foundation (EIN: 203449981) is a nonprofit organization based in Hampton, IA, classified under NTEE code B82. The organization reported total revenue of $9K and total assets of $48K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sigma Alpha Sorority Educational Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sigma Alpha Sorority Educational Foundation is a micro nonprofit that has been operating for 2 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $20K |
| Total Expenses | $35K |
| Surplus / Deficit | $-14,859 |
| Total Assets | $110K |
| Net Assets | $110K |
| Operating Margin | -73.8% |
| Months of Reserves | 37.6 months |
Financial Health Grade: B
In 2023, Sigma Alpha Sorority Educational Foundation reported a deficit of $15K with expenses exceeding revenue, holds 37.6 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2023), Sigma Alpha Sorority Educational Foundation's revenue has declined at a compound annual growth rate (CAGR) of -7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +339.4% | +31.8% | +27.5% |
| 2020 | -93.2% | -54.1% | -20.3% |
| 2019 | -14.4% | +0.4% | +9.3% |
| 2018 | +50.3% | +10.5% | +26.6% |
| 2017 | +5.6% | -36.5% | -1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
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 Sorority Educational Foundation with a Mission Score of 75 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: 80%
- fundraising: 5%
According to IRS 990 filings, Sigma Alpha Sorority Educational Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $15K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led structure and that no funds are used for executive salaries.
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 Sorority Educational Foundation's IRS 990 filings:
- Inconsistent financial performance with significant revenue shortfalls in multiple years (e.g., 2023: $20,132 revenue vs. $34,991 expenses; 2020: $4,582 revenue vs. $26,545 expenses).
- Declining asset base from a high of $154,756 in 2013 to $109,692 in 2023, suggesting potential long-term financial strain or asset utilization without sufficient replenishment.
Strengths
The following positive indicators were identified for Sigma Alpha Sorority Educational Foundation:
- Zero officer compensation consistently reported, indicating a volunteer-driven organization and efficient use of funds for its mission.
- Consistently reports zero liabilities, demonstrating strong financial management and no outstanding debts.
- Consistent filing of IRS Form 990s, indicating compliance with regulatory transparency requirements.
Frequently Asked Questions about Sigma Alpha Sorority Educational Foundation
Is Sigma Alpha Sorority Educational Foundation a legitimate charity?
Sigma Alpha Sorority Educational Foundation (EIN: 203449981) is a registered tax-exempt nonprofit based in Iowa. Our AI analysis gives it a Mission Score of 75/100. It has 11 years of IRS 990 filings on record. Total revenue: $9K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Sigma Alpha Sorority Educational Foundation spend its money?
Sigma Alpha Sorority Educational Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Sigma Alpha Sorority Educational Foundation tax-deductible?
Sigma Alpha Sorority Educational Foundation is registered as a tax-exempt nonprofit (EIN: 203449981). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sigma Alpha Sorority Educational Foundation's spending goes to programs?
Sigma Alpha Sorority Educational Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sigma Alpha Sorority Educational Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Sigma Alpha Sorority Educational Foundation is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sigma Alpha Sorority Educational Foundation located?
Sigma Alpha Sorority Educational Foundation is headquartered in Hampton, Iowa and files with the IRS under EIN 203449981. It is classified under NTEE code B82.
How many years of IRS 990 filings does Sigma Alpha Sorority Educational Foundation have?
Sigma Alpha Sorority Educational Foundation has 11 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 $9K in total revenue.
Is Sigma Alpha Sorority Educational Foundation a good charity?
The foundation demonstrates good financial hygiene with zero liabilities and no officer compensation. However, its financial stability is inconsistent, with significant revenue shortfalls in some years (e.g., 2023, 2020, 2016). Its effectiveness depends on how well it manages these fluctuations and directs its resources towards its educational mission.
Why are the revenues and expenses so inconsistent year-to-year?
The data shows significant variability, for example, revenue dropped from $66,994 in 2019 to $4,582 in 2020, then increased to $20,132 in 2023. This could be due to reliance on specific fundraising events, large one-time donations, or varying scholarship disbursements, but without more detailed financial statements, the exact reasons are unclear.
What is the organization's primary program focus?
As an 'Educational Foundation' with NTEE code B82 (Scholarships & Student Financial Aid), its primary focus is likely providing scholarships or other forms of student financial assistance, though specific program details are not available in the provided data.
Filing History
IRS 990 filing history for Sigma Alpha Sorority Educational Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Sigma Alpha Sorority Educational Foundation's revenue has declined by 59.4%, moving from $50K to $20K. Total assets increased by 38.6% over the same period, from $79K to $110K. Total functional expenses rose by 104.1%, from $17K to $35K. In its most recent filing year (2023), Sigma Alpha Sorority Educational Foundation reported a deficit of $15K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $20K | $35K | $110K | $0 | — | — |
| 2020 | $5K | $27K | $86K | $0 | — | — |
| 2019 | $67K | $58K | $108K | $0 | — | — |
| 2018 | $78K | $58K | $99K | $0 | — | View 990 |
| 2017 | $52K | $52K | $78K | $0 | — | View 990 |
| 2016 | $49K | $82K | $79K | $0 | — | View 990 |
| 2015 | $61K | $67K | $112K | $0 | — | View 990 |
| 2014 | $54K | $35K | $126K | $0 | — | View 990 |
| 2013 | $63K | $17K | $155K | $0 | — | View 990 |
| 2012 | $51K | $22K | $108K | $0 | — | View 990 |
| 2011 | $50K | $17K | $79K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $20K, expenses of $35K, and assets of $110K (revenue +339.4% year-over-year).
- 2020: Revenue of $5K, expenses of $27K, and assets of $86K (revenue -93.2% year-over-year).
- 2019: Revenue of $67K, expenses of $58K, and assets of $108K (revenue -14.4% year-over-year).
- 2018: Revenue of $78K, expenses of $58K, and assets of $99K (revenue +50.3% year-over-year).
- 2017: Revenue of $52K, expenses of $52K, and assets of $78K (revenue +5.6% year-over-year).
- 2016: Revenue of $49K, expenses of $82K, and assets of $79K (revenue -19.2% year-over-year).
- 2015: Revenue of $61K, expenses of $67K, and assets of $112K (revenue +12.0% year-over-year).
- 2014: Revenue of $54K, expenses of $35K, and assets of $126K (revenue -13.9% year-over-year).
- 2013: Revenue of $63K, expenses of $17K, and assets of $155K (revenue +24.0% year-over-year).
- 2012: Revenue of $51K, expenses of $22K, and assets of $108K (revenue +3.0% year-over-year).
- 2011: Revenue of $50K, expenses of $17K, and assets of $79K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sigma Alpha Sorority Educational Foundation:
Data Sources and Methodology
This transparency report for Sigma Alpha Sorority Educational Foundation 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.