Sigma Pi Fraternity International Inc
Sigma Pi Fraternity International Inc. shows recent financial stability after periods of deficit, with no reported officer compensation.
EIN: 204754242 · Minneapolis, MN · NTEE: B83 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $143K |
| Total Expenses | $137K |
| Program Spending | 85% |
| Net Assets | $55K |
| Transparency Score | 70/100 |
Is Sigma Pi Fraternity International Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sigma Pi Fraternity International Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sigma Pi Fraternity International Inc
Sigma Pi Fraternity International Inc (EIN: 204754242) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code B83. The organization reported total revenue of $143K and total assets of $91K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sigma Pi Fraternity International Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sigma Pi Fraternity International Inc is a small nonprofit that has been operating for 86 years, with 16 years of IRS 990 filings on record (2009–2024). Revenue has grown at a compound annual rate of 17.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $143K |
| Total Expenses | $137K |
| Surplus / Deficit | +$6K |
| Total Assets | $91K |
| Total Liabilities | $36K |
| Net Assets | $55K |
| Operating Margin | 4.5% |
| Debt-to-Asset Ratio | 39.6% |
| Months of Reserves | 8.0 months |
Financial Health Grade: A
In 2024, Sigma Pi Fraternity International Inc reported a surplus of $6K with revenue exceeding expenses, holds 8.0 months of operating reserves (strong position), has a debt-to-asset ratio of 39.6% (moderate leverage).
Financial Trends
Over 16 years of filings (2009–2024), Sigma Pi Fraternity International Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -18.8% | -27.4% | +76.3% |
| 2023 | +2.5% | +1.9% | -41.8% |
| 2022 | -1.9% | +8.5% | -3.1% |
| 2021 | -18.6% | -7.5% | +3.0% |
| 2020 | -26.0% | -39.1% | -3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1940 |
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 Pi Fraternity International Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Sigma Pi Fraternity International Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 39.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation, which is highly unusual for an organization of any size and suggests a volunteer-led structure or that compensation is reported under other expense categories.
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 Pi Fraternity International Inc's IRS 990 filings:
- History of operating deficits (e.g., 202306, 202206, 201906, 201806, 201512, 201506)
- Fluctuating revenue and expenses, indicating potential instability
- Negative assets reported in 2015 filings
- Lack of detailed expense breakdown beyond officer compensation in provided data
Strengths
The following positive indicators were identified for Sigma Pi Fraternity International Inc:
- Consistent 0% officer compensation reported across all filings
- Positive net income in the latest filing (202406)
- Consistent filing of IRS Form 990s over 16 periods, demonstrating transparency
- Recovery from past negative asset positions
Frequently Asked Questions about Sigma Pi Fraternity International Inc
Is Sigma Pi Fraternity International Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sigma Pi Fraternity International Inc (EIN: 204754242) some concerns. Mission Score: 70/100. 4 red flags identified, 4 strengths noted.
How does Sigma Pi Fraternity International Inc spend its money?
Sigma Pi Fraternity International Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sigma Pi Fraternity International Inc tax-deductible?
Sigma Pi Fraternity International Inc is registered as a tax-exempt nonprofit (EIN: 204754242). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sigma Pi Fraternity International Inc's spending goes to programs?
Sigma Pi Fraternity International Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sigma Pi Fraternity International Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Sigma Pi Fraternity International Inc is above average for NTEE category B83 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sigma Pi Fraternity International Inc located?
Sigma Pi Fraternity International Inc is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 204754242. It is classified under NTEE code B83.
How many years of IRS 990 filings does Sigma Pi Fraternity International Inc have?
Sigma Pi Fraternity International Inc has 16 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 $143K in total revenue.
What are the specific program activities funded by Sigma Pi Fraternity International Inc.?
The NTEE code B83 indicates 'Fraternal Societies, Fraternities, Sororities', suggesting program activities related to member services, leadership development, and community engagement typical of such organizations. However, the filings do not provide a detailed breakdown of program expenses.
How does Sigma Pi Fraternity International Inc. manage its liabilities, which have fluctuated significantly?
Liabilities have varied from $0 in 2015 to $55,989 in 2018 and $36,193 in 2024. The organization's ability to manage these fluctuations and maintain positive net assets is crucial for long-term stability.
What caused the negative asset balances reported in 2015?
In 2015, the organization reported negative assets of $-22,610 and $-10,944. This indicates that liabilities exceeded assets, suggesting significant financial distress during that period, which has since been rectified.
Filing History
IRS 990 filing history for Sigma Pi Fraternity International Inc showing financial trends over 16 years of public records:
Over 16 years of IRS 990 filings (2009–2024), Sigma Pi Fraternity International Inc's revenue has grown by 986.1%, moving from $13K to $143K. Total assets increased by 9128400% over the same period, from $1 to $91K. Total functional expenses rose by 937.2%, from $13K to $137K. In its most recent filing year (2024), Sigma Pi Fraternity International Inc reported a surplus of $6K, with revenue exceeding expenses. The organization holds $36K in liabilities against $91K in assets (debt-to-asset ratio: 39.6%), resulting in net assets of $55K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $143K | $137K | $91K | $36K | — | — |
| 2023 | $177K | $189K | $52K | $3K | — | View 990 |
| 2022 | $172K | $185K | $89K | $28K | — | View 990 |
| 2021 | $176K | $171K | $92K | $18K | — | View 990 |
| 2020 | $216K | $185K | $89K | $20K | — | View 990 |
| 2019 | $292K | $303K | $92K | $55K | — | View 990 |
| 2018 | $293K | $294K | $105K | $56K | — | View 990 |
| 2017 | $320K | $306K | $76K | $26K | — | View 990 |
| 2015 | $82K | $94K | $-22,610 | $0 | — | View 990 |
| 2015 | $164K | $178K | $-10,944 | $0 | — | View 990 |
| 2014 | $148K | $146K | $3K | $0 | — | View 990 |
| 2013 | $148K | $148K | $1K | $0 | — | View 990 |
| 2012 | $150K | $149K | $1K | $0 | — | View 990 |
| 2011 | $133K | $129K | $1 | $579 | — | View 990 |
| 2010 | $159K | $163K | $1 | $4K | — | View 990 |
| 2009 | $13K | $13K | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $143K, expenses of $137K, and assets of $91K (revenue -18.8% year-over-year).
- 2023: Revenue of $177K, expenses of $189K, and assets of $52K (revenue +2.5% year-over-year).
- 2022: Revenue of $172K, expenses of $185K, and assets of $89K (revenue -1.9% year-over-year).
- 2021: Revenue of $176K, expenses of $171K, and assets of $92K (revenue -18.6% year-over-year).
- 2020: Revenue of $216K, expenses of $185K, and assets of $89K (revenue -26.0% year-over-year).
- 2019: Revenue of $292K, expenses of $303K, and assets of $92K (revenue -0.3% year-over-year).
- 2018: Revenue of $293K, expenses of $294K, and assets of $105K (revenue -8.5% year-over-year).
- 2017: Revenue of $320K, expenses of $306K, and assets of $76K (revenue +290.4% year-over-year).
- 2015: Revenue of $82K, expenses of $94K, and assets of $-22,610 (revenue -50.0% year-over-year).
- 2015: Revenue of $164K, expenses of $178K, and assets of $-10,944 (revenue +10.8% year-over-year).
- 2014: Revenue of $148K, expenses of $146K, and assets of $3K (revenue -0.3% year-over-year).
- 2013: Revenue of $148K, expenses of $148K, and assets of $1K (revenue -1.4% year-over-year).
- 2012: Revenue of $150K, expenses of $149K, and assets of $1K (revenue +13.2% year-over-year).
- 2011: Revenue of $133K, expenses of $129K, and assets of $1 (revenue -16.3% year-over-year).
- 2010: Revenue of $159K, expenses of $163K, and assets of $1 (revenue +1101.8% year-over-year).
- 2009: Revenue of $13K, expenses of $13K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sigma Pi Fraternity International Inc:
Data Sources and Methodology
This transparency report for Sigma Pi Fraternity International Inc 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.