Civic Intelligence

Sigma Pi Fraternity International

990EZ • Fiscal year 2023 • EIN 20-4754242

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 08, 2023

2221 University Ave SE Ste 111Minneapolis, MN 55414

(612) 624-5015

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

73rd percentile

0.06x

Higher debt load relative to assets than 73% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

65th percentile

0.02x

Higher debt load relative to revenue than 65% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

Net Margin

27th percentile

-6.8%

Higher net margin than 27% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

Asset Growth

8th percentile

-42%

Faster asset growth than 8% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

45th percentile

2.5%

Faster revenue growth than 45% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$51,790

Down $37,165 (-42%) from 2022

Net Assets

Down

$48,626

Down $12,090 (-20%) from 2022

Liabilities

Down

$3,164

Down $25,075 (-89%) from 2022

Revenue

Up

$176,665

Up $4,274 (+2.5%) from 2022

Expenses

Up

$188,755

Up $3,433 (+1.9%) from 2022

Net Income

Up

-$12,090

Up $841 (+6.5%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0-$50KAssets 2009: $1Liabilities 2009: $02009Assets 2010: $1Liabilities 2010: $4,1602010Assets 2011: $1Liabilities 2011: $5792011Assets 2012: $1,277Liabilities 2012: $02012Assets 2013: $1,144Liabilities 2013: $02013Assets 2014: $3,453Liabilities 2014: $02014Assets 2015: -$22,610Liabilities 2015: $0Net Assets 2015: -$22,6102015Assets 2017: $76,033Liabilities 2017: $26,368Net Assets 2017: $49,6652017Assets 2018: $104,673Liabilities 2018: $55,989Net Assets 2018: $48,6842018Assets 2019: $92,447Liabilities 2019: $55,137Net Assets 2019: $37,3102019Assets 2020: $89,151Liabilities 2020: $20,493Net Assets 2020: $68,6582020Assets 2021: $91,837Liabilities 2021: $18,189Net Assets 2021: $73,6482021Assets 2022: $88,955Liabilities 2022: $28,239Net Assets 2022: $60,7162022Assets 2023: $51,790Liabilities 2023: $3,164Net Assets 2023: $48,6262023Assets 2024: $91,285Liabilities 2024: $36,193Net Assets 2024: $55,0922024Assets 2025: $70,373Liabilities 2025: $29,819Net Assets 2025: $40,5542025

Highlighted filing

2023

Assets$51,790
Liabilities$3,164
Net Assets$48,626

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2009: $13,210Expenses 2009: $13,210Net Income 2009: $02009Revenue 2010: $158,752Expenses 2010: $162,912Net Income 2010: -$4,1602010Revenue 2011: $132,860Expenses 2011: $129,279Net Income 2011: $3,5812011Revenue 2012: $150,460Expenses 2012: $148,604Net Income 2012: $1,8562012Revenue 2013: $148,306Expenses 2013: $148,439Net Income 2013: -$1332013Revenue 2014: $147,890Expenses 2014: $145,581Net Income 2014: $2,3092014Revenue 2015: $81,885Expenses 2015: $93,551Net Income 2015: -$11,6662015Revenue 2017: $319,711Expenses 2017: $306,253Net Income 2017: $13,4582017Revenue 2018: $292,568Expenses 2018: $293,549Net Income 2018: -$9812018Revenue 2019: $291,835Expenses 2019: $303,207Net Income 2019: -$11,3722019Revenue 2020: $215,955Expenses 2020: $184,607Net Income 2020: $31,3482020Revenue 2021: $175,720Expenses 2021: $170,732Net Income 2021: $4,9882021Revenue 2022: $172,391Expenses 2022: $185,322Net Income 2022: -$12,9312022Revenue 2023: $176,665Expenses 2023: $188,755Net Income 2023: -$12,0902023Revenue 2024: $143,476Expenses 2024: $137,010Net Income 2024: $6,4662024Revenue 2025: $167,204Expenses 2025: $181,737Net Income 2025: -$14,5332025

Highlighted filing

2023

Revenue$176,665
Expenses$188,755
Net Income-$12,090
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 8, 2023
Return Version
2022v5.0
Gross Receipts
$176,755
Mission and Program Overview

Mission

SOCIAL CLUB

Program Services

DescriptionGrantsExpenses
PROVIDING COLLEGIATE FRATERNITY HOUSING, ACTIVITIES, ANDENVIRONMENT--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ARJAN OSMANIPresidentFT$0--
COLBY PITZENBERGERVice PresidentPT$0--
CHRISTIAN STROMMENTreasurerPT$0--
SEAN HAMPTONRisk ManagerPT$0--
JUSTIN DUNCANSecretaryPT$0--
JACK KNETTELHeraldPT$0--
Filing and Contact Details

Filer

Filer Name
Sigma Pi Fraternity International
EIN
20-4754242
Phone
6126245015
Address
2221 UNIVERSITY AVE SE STE 111, MINNEAPOLIS, MN 55414

Signing Officer

Name
Christian Strommen
Title
Treasurer
Phone
6126245015
Signed
2023-11-08
Discuss with paid preparer
Yes

Preparer

Firm
Fraternity Purchasing Association
Address
2221 University Ave SE Ste 11, Minneapolis, MN 55414
Preparer
Michelle Ballensky
Phone
6126245015
Supplemental Narrative

Additional Explanations

Pt V, Line 34

Bylaw changes were to reflect university language: the chapter will operate in concordance with university policy and all local, state, and federal laws. Organization shall comply with all university policies and procedures, as well as local, state, and federal laws and regulations. The official name of organizatio shall be sigma pi.

Form 990EZ, Part I, Line 8

MISCELLANEOUS 1584.

Form 990EZ, Part I, Line 10

Donation for medical expenses; charitable; judy stifter: 2109 6th street ne, minneapolis, mn, 55418; member, noah brown's,, 1515.

Form 990EZ, Part I, Line 16

Depreciation 523.

Form 990EZ, Part I, Line 16

Payments to affiliates 6095.

Form 990EZ, Part I, Line 16

Administrative expense 235.

Form 990EZ, Part I, Line 16

Disbursements for members 20985.

Form 990EZ, Part I, Line 16

Convention/conference 2127.

Form 990EZ, Part I, Line 16

Bad debt write offs 16275.

Form 990EZ, Part I, Line 16

MISCELLANEOUS 419.

Form 990EZ, Part II, Line 24

Accounts receivable 63911. 34990.

Form 990EZ, Part II, Line 24

Furniture/equipment less depreciation 2861. 653.

Form 990EZ, Part II, Line 24

Fpa advance deposit 800. 800.

Form 990EZ, Part II, Line 24

Security deposit/grand realty 8240. 8240.

Form 990EZ, Part II, Line 26

Accounts payable 9370. 819.

Form 990EZ, Part II, Line 26

Deferred income 18870. 1845.

Form 990EZ, Part II, Line 26

MEMBER DEPOSITS 500.

Raw XML Appendix171 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0CHRISTIAN STROMMEN
IRS990EZ/BooksInCareOfDetail/PhoneNum06512636193
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MINNEAPOLIS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055414
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IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03500
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt01515
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
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IRS990EZ/GrossReceiptsForPublicUseAmt00
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IRS990EZ/MembershipDuesAmt043425
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt060715
IRS990EZ/NetAssetsOrFundBalancesEOYAmt048626
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt048626
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt515.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ARJAN OSMANI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1COLBY PITZENBERGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CHRISTIAN STROMMEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3SEAN HAMPTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JUSTIN DUNCAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JACK KNETTEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3RISK MANAGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5HERALD
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt075812
IRS990EZ/OtherAssetsTotalDetail/EOYAmt044683
IRS990EZ/OtherChangesInNetAssetsAmt01
IRS990EZ/OtherExpensesTotalAmt046659
IRS990EZ/OtherRevenueTotalAmt01584
IRS990EZ/PrimaryExemptPurposeTxt0SOCIAL CLUB
IRS990EZ/ProgramServiceRevenueAmt0129774
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0188755
IRS990EZ/TotalRevenueAmt0176665
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0sigmapiumn.org
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BYLAW CHANGES WERE TO REFLECT UNIVERSITY LANGUAGE: THE CHAPTER WILL OPERATE IN CONCORDANCE WITH UNIVERSITY POLICY AND ALL LOCAL, STATE, AND FEDERAL LAWS. ORGANIZATION SHALL COMPLY WITH ALL UNIVERSITY POLICIES AND PROCEDURES, AS WELL AS LOCAL, STATE, AND FEDERAL LAWS AND REGULATIONS. THE OFFICIAL NAME OF ORGANIZATIO SHALL BE SIGMA PI.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MISCELLANEOUS 1584.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DONATION FOR MEDICAL EXPENSES; CHARITABLE; JUDY STIFTER: 2109 6TH STREET NE, MINNEAPOLIS, MN, 55418; MEMBER, NOAH BROWN'S,, 1515.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation 523.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PAYMENTS TO AFFILIATES 6095.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ADMINISTRATIVE EXPENSE 235.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DISBURSEMENTS FOR MEMBERS 20985.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CONVENTION/CONFERENCE 2127.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8BAD DEBT WRITE OFFS 16275.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9MISCELLANEOUS 419.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10ACCOUNTS RECEIVABLE 63911. 34990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11FURNITURE/EQUIPMENT LESS DEPRECIATION 2861. 653.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12FPA ADVANCE DEPOSIT 800. 800.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13SECURITY DEPOSIT/GRAND REALTY 8240. 8240.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14ACCOUNTS PAYABLE 9370. 819.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15DEFERRED INCOME 18870. 1845.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16MEMBER DEPOSITS 500.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt V, Line 34
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part II, Line 26
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRISTIAN STROMMEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06126245015
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SIGMA PI FRATERNITY INTERNATIONAL
ReturnHeader/Filer/BusinessNameControlTxt0SIGM
ReturnHeader/Filer/EIN0204754242
ReturnHeader/Filer/PhoneNum06126245015
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ReturnHeader/Filer/USAddress/CityNm0MINNEAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410265424
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Fraternity Purchasing Association
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02221 University Ave SE Ste 11
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Minneapolis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055414
ReturnHeader/PreparerPersonGrp/PhoneNum06126245015
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHELLE BALLENSKY
ReturnHeader/ReturnTs02023-11-08T09:33:08-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHRISTIAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0STROMMEN
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.70$0.30$0.41$1.67$1.82$0.15
2024Detailed filing. Detailed filing data is available for this year.$0.91$0.36$0.55$1.43$1.37$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.52$0.03$0.49$1.77$1.89$0.12
2022Detailed filing. Detailed filing data is available for this year.$0.89$0.28$0.61$1.72$1.85$0.13
2021Detailed filing. Detailed filing data is available for this year.$0.92$0.18$0.74$1.76$1.71$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.89$0.20$0.69$2.16$1.85$0.31
2019Summary only. Only limited summary data is available for this year.$0.92$0.55$0.37$2.92$3.03$0.11
2018Summary only. Only limited summary data is available for this year.$1.05$0.56$0.49$2.93$2.94$0.01
2017Summary only. Only limited summary data is available for this year.$0.76$0.26$0.50$3.20$3.06$0.13
2015Summary only. Only limited summary data is available for this year.$0.23$0.00$0.23$0.82$0.94$0.12
2014Summary only. Only limited summary data is available for this year.$0.03$0.00$1.48$1.46$0.02
2013Summary only. Only limited summary data is available for this year.$0.01$0.00$1.48$1.48$0.00
2012Summary only. Only limited summary data is available for this year.$0.01$0.00$1.50$1.49$0.02
2011Summary only. Only limited summary data is available for this year.$0.00$0.01$1.33$1.29$0.04
2010Summary only. Only limited summary data is available for this year.$0.00$0.04$1.59$1.63$0.04
2009Summary only. Only limited summary data is available for this year.$0.00$0.00$0.13$0.13$0.00