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

$9KRevenue
$48KAssets
75/100Mission Score (Good)
B82
Sigma Alpha Sorority Educational Foundation Financial Summary
MetricValue
Total Revenue$9K
Total Expenses$35K
Program Spending80%
Net Assets$110K
Transparency Score75/100

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

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

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

PendingDonor/Grant Funding
80%Program Expense
$0Grants Paid
11Stored Filing Years

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

Sigma Alpha Sorority Educational Foundation 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

Sigma Alpha Sorority Educational Foundation Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend80% to programsExcellent
Financial durabilityGrade B11 stored filing years
Peer contextCompare with Latinas Unidas Por Un Nuevo AmanecerIowa and Education context

Trust Check

Review legitimacy, deductibility, red flags, and filing consistency.

Open charity check →

Peer Benchmark

Compare against real state and category peers.

Compare with Latinas Unidas Por Un Nuevo Amanecer →
All Iowa nonprofits
All Education

Local and Sector Spokes

Move into this nonprofit's local market, category, and sector maps.

Hampton, IA nonprofits
Education in Iowa
Education in Iowa

Follow the Money

Jump into spending, compensation, rankings, and filing-year evidence.

State spending analysis
State compensation analysis
Education spending
Best Education charities in Iowa
Relevant rankings

Donation Decision Flow

From Trust Check to Better Alternatives

1

Verify

Some Concerns. Check deductibility, filings, and red flags.

2

Understand money

80% of spending goes to programs.

3

Compare

Benchmark against Latinas Unidas Por Un Nuevo Amanecer.

4

Decide

Build a shortlist, compare alternatives, and review the latest filing before giving.

Alternative Shopping

Similar Nonprofits Donors Should Compare

Browse the full Education peer market in Iowa →

Next Best Actions

Keep the Investigation Moving

Verify legitimacy

Open the focused charity-check flow before donating.

Compare a peer

Benchmark against Latinas Unidas Por Un Nuevo Amanecer.

Find best peers

See best Education charities in Iowa.

Inspect local compensation

See whether pay levels look unusual in this state.

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

2Years Operating
MicroSize Classification
11Years of Filings
MixedRevenue Trajectory

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 Reserves37.6 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%.

YearRevenue ChangeExpense ChangeAsset 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 Codes1000
IRS Ruling Date2024

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Sigma Alpha Sorority Educational Foundation exhibits fluctuating financial performance over the past decade. While the organization consistently reports zero liabilities and no officer compensation, indicating good financial hygiene and a volunteer-driven model, its revenue and expense figures show considerable variability. For instance, in 2023, expenses significantly outstripped revenue ($34,991 vs. $20,132), leading to a net loss, a trend also observed in 2020 and 2016. Conversely, strong surpluses were recorded in 2013 and 2014. The foundation's assets have also seen a decline from a high of $154,756 in 2013 to $109,692 in 2023, suggesting a gradual draw-down or less successful asset growth over time. The consistent reporting of zero officer compensation is a strong indicator of transparency and a commitment to directing funds towards its mission, rather than executive salaries. Given the available data, a detailed breakdown of program, administrative, and fundraising expenses is not provided, making it challenging to precisely assess spending efficiency ratios. However, the absence of officer compensation suggests that a significant portion of operational costs might be administrative or program-related, rather than executive overhead. The organization's consistent filing of IRS Form 990s demonstrates a commitment to regulatory compliance and basic financial transparency, although more detailed programmatic impact reporting would enhance this further. The wide swings in revenue and expenses warrant closer examination to understand the underlying causes and the sustainability of its funding model.

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:

$20KTotal Revenue
$35KTotal Expenses
$110KTotal Assets
$110KNet Assets
  • 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.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
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:

2023 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

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.

Other Nonprofits in Iowa

Explore more nonprofits based in Iowa with AI-powered transparency reports.

View all Iowa nonprofits →

Similar Organizations (NTEE B82)

Other nonprofits classified under NTEE code B82.

View all B82 nonprofits →

Explore Related Nonprofits

Browse by State