Civic Intelligence

Phi Sigma Pi National Honor Fraternity

990 • Fiscal year 2023 • EIN 23-6393069

Jul 01, 2022 to Jun 30, 2023 • Filed on Aug 06, 2024

2119 Ambassador CircleLancaster, PA 17603

(717) 299-4710

Siviq Scores

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

Liabilities / Assets

67th percentile

0.20x

Higher debt load relative to assets than 67% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

77th percentile

0.40x

Higher debt load relative to revenue than 77% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

26th percentile

-7.9%

Higher net margin than 26% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

86th percentile

$166,016

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 10.5% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

55th percentile

6.2%

Faster asset growth than 55% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

59th percentile

13%

Faster revenue growth than 59% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$3,196,074

Up $186,485 (+6.2%) from 2022

Net Assets

Down

$2,562,871

Down $86,802 (-3.3%) from 2022

Liabilities

Up

$633,203

Up $273,287 (+76%) from 2022

Revenue

Up

$1,574,049

Up $183,993 (+13%) from 2022

Expenses

Up

$1,699,080

Up $398,808 (+31%) from 2022

Net Income

Down

-$125,031

Down $214,815 (-239%) from 2022

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,426,594Liabilities 2010: $82,349Net Assets 2010: $1,344,2452010Assets 2017: $2,278,100Liabilities 2017: $307,977Net Assets 2017: $1,970,1232017Assets 2018: $2,617,648Liabilities 2018: $323,314Net Assets 2018: $2,294,3342018Assets 2019: $2,442,017Liabilities 2019: $297,487Net Assets 2019: $2,144,5302019Assets 2020: $2,369,444Liabilities 2020: $396,545Net Assets 2020: $1,972,8992020Assets 2021: $2,938,187Liabilities 2021: $263,476Net Assets 2021: $2,674,7112021Assets 2022: $3,009,589Liabilities 2022: $359,916Net Assets 2022: $2,649,6732022Assets 2023: $3,196,074Liabilities 2023: $633,203Net Assets 2023: $2,562,8712023Assets 2024: $3,315,686Liabilities 2024: $566,313Net Assets 2024: $2,749,3732024

Highlighted filing

2023

Assets$3,196,074
Liabilities$633,203
Net Assets$2,562,871

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $992,1862010Revenue 2017: $1,824,934Expenses 2017: $1,522,516Net Income 2017: $302,4182017Revenue 2018: $1,867,885Expenses 2018: $1,544,250Net Income 2018: $323,6352018Revenue 2019: $1,666,642Expenses 2019: $1,809,849Net Income 2019: -$143,2072019Revenue 2020: $1,597,281Expenses 2020: $1,750,260Net Income 2020: -$152,9792020Revenue 2021: $1,733,075Expenses 2021: $1,144,838Net Income 2021: $588,2372021Revenue 2022: $1,390,056Expenses 2022: $1,300,272Net Income 2022: $89,7842022Revenue 2023: $1,574,049Expenses 2023: $1,699,080Net Income 2023: -$125,0312023Revenue 2024: $1,554,115Expenses 2024: $1,455,998Net Income 2024: $98,1172024

Highlighted filing

2023

Revenue$1,574,049
Expenses$1,699,080
Net Income-$125,031
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Aug 6, 2024
Return Version
2022v5.0
Gross Receipts
$1,574,049
Mission and Program Overview

Mission

To bring together some of the brightest and most motivated students on campus and work together in a spirit of excellence.

To bring together some of the brightest and most motivated students on campus and work together in a spirit of excellence

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,990,978$2,264,999▲ $274,021
Land, Buildings, and Equipment, Net$306,278$332,114▲ $25,836
Investments in Publicly Traded Securities$363,690$318,219▼ $45,471
Cash and Non-Interest-Bearing Accounts$123,606$110,794▼ $12,812
Prepaid Expenses and Deferred Charges$49,034$59,277▲ $10,243
Accounts Receivable$166,711$30,297▼ $136,414
Intangible Assets$374$374→ $0
Total Assets$3,009,589$3,196,074▲ $186,485
Other Assets Total$8,918$80,000▲ $71,082
Liabilities
Other Liabilities$143,101$402,627▲ $259,526
Accounts Payable and Accrued Expenses$216,815$230,576▲ $13,761
Total Liabilities$359,916$633,203▲ $273,287
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,395,271$2,303,491▼ $91,780
Net Assets With Donor Restrictions$254,402$259,380▲ $4,978
Total Net Assets Fund Balance$2,649,673$2,562,871▼ $86,802
Total Liabilities and Net Assets / Fund Balance$3,009,589$3,196,074▲ $186,485

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$179,995$313,273$493,268
Equipment$10,010$345,441$355,451
Land$142,109-$142,109
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Suzanne SchafferExecutive DiFT$154,822$11,194$166,016
Suzanne SchafferExecutive Director-$154,822$11,194$166,016

Board Members and Trustees

NameTitle
Brian ChristiansenNational Pre
Kathryn McconnellNational Sec
Elizabeth CostantinoSenior Vice
Alesia RichardsonVP Developme
Stephen CristianoVP Developme
Wyatt DaviesVP Developme
Becky ChamberlinVP Finance
Revenue and Support

Revenue Composition

Contributions and Grants
$9,324
Program Service Revenue
$1,511,919
Investment Income
$22,650
Other Revenue
$30,156
All Other Contributions
$9,324
Change in Net Assets
$-125,031
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$929,202
Salaries, Compensation, and Employee Benefits$768,878
Total Fundraising Expense$20,054
Grants and Similar Amounts Paid$1,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$451,026$34,317$4,903$490,246
Fees for Services Other$147,984$11,259$1,608$160,851
Current Officers, Directors, Trustees, and Key Employees$142,436$10,838$1,548$154,822
Travel$138,415$10,532$1,504$150,451
Information Technology$93,955$7,149$1,021$102,125
Occupancy$29,370$56,053-$85,423
Office Expenses$60,730$5,256$5,519$71,505
Payroll Taxes$49,039$3,731$533$53,303
Insurance$48,044$3,655$522$52,221
Other Employee Benefits$45,032$3,426$489$48,947
Fees for Services Legal$44,812$3,410$487$48,709
Fees for Services Accounting$26,841$2,043$292$29,176
Pension Plan Contributions$19,835$1,509$216$21,560
Depreciation Depletion-$14,527-$14,527
Interest-$9,514-$9,514
Advertising$5,124-$1,280$6,404
Grants to Domestic Individuals$1,000--$1,000
Other Expenses$457$230$32$457
Total Functional Expenses$1,500,878$178,148$20,054$1,699,080
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Ephrata National Bank Loan$241,390
Eid Loan$139,318
Due to Foundation$21,919
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

Members of the national council shall be elected by majority vote of the voting members of the grand chapter at the regular meeting of the grand chapter for a term of two years

Form 990, Page 6, Part VI, Line 11B

The return is reviewed by the executive director who then provides a copy to the board for review before filing

Form 990, Page 6, Part VI, Line 12C

Employees have a contractual separation to address conflicts of interest

Form 990, Page 6, Part VI, Line 15A

Salary of the executive director is as follows: each of the board of directors and staff members are asked to complete an evaluation form reviewing the performance of the e.d. These are submitted to the personnel chair to formulate the annual review of the e.d. The e.d. Is also required to submit goals accomplished against the board of directors objectives. Comparability data is considered periodically, but not annually. The personnel committee (made up of three board of directors) sets the executives director's salary.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents and financial statements available to the public upon request

Filing and Contact Details

Filer

Filer Name
Phi Sigma Pi National Honor
EIN
23-6393069
Phone
7172994710
Address
2119 AMBASSADOR CIRCLE, LANCASTER, PA 17603

Signing Officer

Name
Suzanne Schaffer
Title
Executive Director
Phone
7172994710
Signed
2024-08-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Suzanne Schaffer
Formed
1916
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
7
Employees
16
Volunteers
200

Preparer

Firm
Garcia Garman & Shea Pc
Address
216 SOUTH EIGHTH STREET, LEBANON, PA 17042
Preparer
Kelly a Miller
Phone
7172745600
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item B

The 990 is being amended due to corrections made for bookkeeping errors which were discovered after the original issuance of the financial statements.

Raw XML AppendixShowing 400 of 512 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.

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IRS990/PayrollTaxesGrp/TotalAmt053303
IRS990/PensionPlanContributionsGrp/FundraisingAmt0216
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01509
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IRS990/PoliticalCampaignActyInd0false
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IRS990/PrincipalOfficerNm0SUZANNE SCHAFFER
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IRS990/ProgramServiceRevenueGrp/Desc0NATIONAL DUES
IRS990/ProgramServiceRevenueGrp/Desc1IMP DUES
IRS990/ProgramServiceRevenueGrp/Desc2INITIATION FEES
IRS990/ProgramServiceRevenueGrp/Desc3CONVENTION REGISTRATION
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IRS990/PYRevenuesLessExpensesAmt089784
IRS990/PYSalariesCompEmpBnftPaidAmt0742513
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01511919
IRS990/RoyaltiesRevenueGrp/ExclusionAmt07543
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt01990978
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02264999
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt09324
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt041982
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01576531
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01890956
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt030193
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt055412
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt030937
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01534532
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01292840
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01480823
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01489536
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt033080
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05830811
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt030193
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt055412
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt065763
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt057031
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IRS990ScheduleA/InvestmentIncomePYPct00.03000
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IRS990ScheduleA/Total509Grp/TotalAmt07721767
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01390056
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01733075
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01597281
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IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0493268
IRS990ScheduleD/EquipmentGrp/BookValueAmt010010
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0345441
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0355451
IRS990ScheduleD/LandGrp/BookValueAmt0142109
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0142109
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0241390
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1139318
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt221919
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0EPHRATA NATIONAL BANK LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1EID LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DUE TO FOUNDATION
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0SUZANNE SCHAFFER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
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IRS990ScheduleJ/SeverancePaymentInd0false
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS BEING AMENDED DUE TO CORRECTIONS MADE FOR BOOKKEEPING ERRORS WHICH WERE DISCOVERED AFTER THE ORIGINAL ISSUANCE OF THE FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS OF THE NATIONAL COUNCIL SHALL BE ELECTED BY MAJORITY VOTE OF THE VOTING MEMBERS OF THE GRAND CHAPTER AT THE REGULAR MEETING OF THE GRAND CHAPTER FOR A TERM OF TWO YEARS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE RETURN IS REVIEWED BY THE EXECUTIVE DIRECTOR WHO THEN PROVIDES A COPY TO THE BOARD FOR REVIEW BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EMPLOYEES HAVE A CONTRACTUAL SEPARATION TO ADDRESS CONFLICTS OF INTEREST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SALARY OF THE EXECUTIVE DIRECTOR IS AS FOLLOWS: EACH OF THE BOARD OF DIRECTORS AND STAFF MEMBERS ARE ASKED TO COMPLETE AN EVALUATION FORM REVIEWING THE PERFORMANCE OF THE E.D. THESE ARE SUBMITTED TO THE PERSONNEL CHAIR TO FORMULATE THE ANNUAL REVIEW OF THE E.D. THE E.D. IS ALSO REQUIRED TO SUBMIT GOALS ACCOMPLISHED AGAINST THE BOARD OF DIRECTORS OBJECTIVES. COMPARABILITY DATA IS CONSIDERED PERIODICALLY, BUT NOT ANNUALLY. THE PERSONNEL COMMITTEE (MADE UP OF THREE BOARD OF DIRECTORS) SETS THE EXECUTIVES DIRECTOR'S SALARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, ITEM B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false

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