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
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 →
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.
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.
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?
Based on AI analysis of IRS 990 filings, Sigma Alpha Sorority Educational Foundation (EIN: 203449981) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Sigma Alpha Sorority Educational Foundation spend its money?
Sigma Alpha Sorority Educational Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
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.
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.
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.